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Topic: Bitparking PPCoin Exchange [closing] - page 2. (Read 19304 times)

legendary
Activity: 1205
Merit: 1010
April 05, 2013, 02:12:05 PM
Hi Chris, we all really appreciate your hard work which greatly helped the ppcoin market in its infancy.

Your work in the bitparking ppc exchange will always be remembered by the ppc community. Hope to see you again soon with other quality projects!
hero member
Activity: 756
Merit: 500
April 05, 2013, 02:09:24 PM
I can't believe it.  And vircurex is being ddosd.  And PPC spot price is so cheap on bitparking Shocked.
legendary
Activity: 1118
Merit: 1004
April 05, 2013, 10:36:22 AM
#99
See my message here for details on the closing of the exchange:
Quote
Recent events have shown that running an exchange is way to risky and stressful to me in the current alt coin climate. Prices have risen to a point where I'm not comfortable I can provide a reasonable level of service. To this end I'm closing the exchange and encourage all users to move to vircurex. The following details are on the exchange site:
Quote
2013-04-05: The Bitparking exchange is closing down. I've decided the risk involved in dealing with the current high prices for the alt coins has moved from the 'fun hobby' level the exchange originally started with and requires a more serious approach to operation. I've been in contact with the Vircurex exchange and I encourage all existing customers to move their funds and continue trading their.

The exchange will close trading Friday 5 April 2013 22:00 and new deposit addresses will not be able to be created. Trading operations will also be disabled. Withdrawals will be available for a few days after that at which point the exchange will close and all funds sent to their emergency withdrawal address. Withdrawal fees are removed during this period. Thanks for using the exchange and enjoy a better and more professional experience at Vircurex.

Thank you for running a great and reliable website.
legendary
Activity: 2128
Merit: 1002
April 05, 2013, 10:32:22 AM
#98
bye and all the best. there goes 2 ppc pools: bitparking and ppcpool.us.to
sr. member
Activity: 342
Merit: 250
April 05, 2013, 08:17:15 AM
#97
That's really a shame, I liked your exchanges a lot and a few of them seemed to get a decent amount of volume and were my favorite places to trade alt-coins. Would you be interested in selling your whole set-up - or maybe continuing on with a partner? I would definitely be interested, please contact me if you think there's any chance you'd be interested too.
hero member
Activity: 768
Merit: 1000
April 05, 2013, 05:09:02 AM
#96
Thanks man, i buyed my PPC with you. Thanks!
legendary
Activity: 2097
Merit: 1070
April 05, 2013, 04:52:38 AM
#95
Did vircurex buy you out to close it ?
legendary
Activity: 2632
Merit: 1023
April 05, 2013, 04:51:12 AM
#94
Also can i just confirm as it been a number of months since i setup my account on TRC and PPC on your exchanges.... I take itthat the emergency withdraw addys were required for both BTC and the altcoin upon registration? I'll probably just wait for automatic withdraws if thatthe case as i'm off for a week as of today and access to wallets not going to be as easy, but don't want funds to get lost in the shutdown.
Yes, there was an address for both registered. For my users that don't have an emergency address I'll leave something up to enable them to withdraw their coins. I just did a run through of the PPC, TRC and LTC exchanges to make sure the hot wallets are topped up. Don't panic if the withdraw doesn't go through, the hot wallet may have dropped low and I'll top it up.

The exchanges for PPC and TRC are staying open???
legendary
Activity: 2097
Merit: 1070
April 05, 2013, 04:48:39 AM
#93
Why don't you sell the exchange instead of closing it down ?

I'm sure someone would pay you a good fee for it
sr. member
Activity: 367
Merit: 250
April 05, 2013, 04:45:50 AM
#92
Thanks for running this excellent service for as long as it lasted.
legendary
Activity: 1078
Merit: 1005
April 05, 2013, 04:32:53 AM
#91
Also can i just confirm as it been a number of months since i setup my account on TRC and PPC on your exchanges.... I take itthat the emergency withdraw addys were required for both BTC and the altcoin upon registration? I'll probably just wait for automatic withdraws if thatthe case as i'm off for a week as of today and access to wallets not going to be as easy, but don't want funds to get lost in the shutdown.
Yes, there was an address for both registered. For my users that don't have an emergency address I'll leave something up to enable them to withdraw their coins. I just did a run through of the PPC, TRC and LTC exchanges to make sure the hot wallets are topped up. Don't panic if the withdraw doesn't go through, the hot wallet may have dropped low and I'll top it up.
legendary
Activity: 1420
Merit: 1010
April 05, 2013, 04:28:20 AM
#90
Really sorry to hear doublec, your exchange was actually my favourite Sad well with BTC-e about to take on trc and PPC suppose things are getting pretty serious. 

Anyone need a vircurex referal link for cheaper fees on trading the here https://vircurex.com/welcome/index?referral_id=45-2213

Also can i just confirm as it been a number of months since i setup my account on TRC and PPC on your exchanges.... I take itthat the emergency withdraw addys were required for both BTC and the altcoin upon registration? I'll probably just wait for automatic withdraws if thatthe case as i'm off for a week as of today and access to wallets not going to be as easy, but don't want funds to get lost in the shutdown.

again sorry to see u go Sad keep up the excellent pool mining work though please Smiley
legendary
Activity: 1078
Merit: 1005
April 05, 2013, 04:02:31 AM
#89
Recent events have shown that running an exchange is way to risky and stressful to me in the current alt coin climate. Prices have risen to a point where I'm not comfortable I can provide a reasonable level of service. To this end I'm closing the exchange and encourage all users to move to vircurex. The following details are on the exchange site:

Quote
2013-04-05: The Bitparking exchange is closing down. I've decided the risk involved in dealing with the current high prices for the alt coins has moved from the 'fun hobby' level the exchange originally started with and requires a more serious approach to operation. I've been in contact with the Vircurex exchange and I encourage all existing customers to move their funds and continue trading their.

The exchange will close trading Friday 5 April 2013 22:00 and new deposit addresses will not be able to be created. Trading operations will also be disabled. Withdrawals will be available for a few days after that at which point the exchange will close and all funds sent to their emergency withdrawal address. Withdrawal fees are removed during this period. Thanks for using the exchange and enjoy a better and more professional experience at Vircurex.
legendary
Activity: 1078
Merit: 1005
legendary
Activity: 1022
Merit: 1000
legendary
Activity: 1078
Merit: 1005
March 16, 2013, 10:11:36 PM
#86
Oops typo, well spotted. I'll fix it, thanks.
This is now fixed. Thanks for reporting it.
legendary
Activity: 1078
Merit: 1005
March 16, 2013, 06:25:47 PM
#85
To withdraw 0.01PPC one needs to pay a fee of 0.01BTC?
Oops typo, well spotted. I'll fix it, thanks.
sr. member
Activity: 367
Merit: 250
March 16, 2013, 05:00:22 PM
#84
I've done trading there and it's really 0.01 PPC fee (network fee)...
Yup, I can confirm that as well.
sr. member
Activity: 378
Merit: 250
March 16, 2013, 12:05:13 PM
#83
Ah, I didn't notice this Smiley

Probably just a copy/paste bug.  It's the same on Bitparking trc exchange.

I've done trading there and it's really 0.01 PPC fee (network fee)...
full member
Activity: 126
Merit: 100
March 16, 2013, 10:09:55 AM
#82
Am I reading Withdraw section correctly:

----------
Withdraw PPCoins

The maximum amount you can withdraw is 0.00000000 due to the withdrawal fee of 0.01000000 bitcoins to cover transaction costs. Enter a receiving address and amount to withdraw. The minimum withdrawal amount is 0.01000000.

----------

To withdraw 0.01PPC one needs to pay a fee of 0.01BTC?
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