BTC to WeExchange from ripple account (resolved) - page 2.

jking

newbie

Activity: 34

Merit: 0

Quote from: Arvicco on February 27, 2013, 04:55:46 PM

Quote from: jking on February 27, 2013, 04:29:27 PM

What's up with the discount on WeExchange's Bitcoin IOUs?

So far as I know, no one was able to successfully withdraw BTC via Weex. I've tried to deposit BTC from Ripple to Weex following their instructions. BTC just disappeared from my Ripple wallet and did not appear at Weex account.

This explains the discount I guess - you can withdraw Bitstamp BTC IOUs, but Weex BTC IOUs are mostly useless until this issue is resolved.

Just tried to redeem a 0.02 Weex BTC IOU. No response. Redeeming Bitstamp IOUs happens in seconds.

If I am in a trust circle with someone who's extended trust to both Weex and Bistamp, does that mean I can use this person to transfer Weex BTC IOUs to Bitstamp on a one-for-one basis?

Arvicco

hero member

Activity: 574

Merit: 501

Please bear with me

Quote from: jking on February 27, 2013, 04:29:27 PM

What's up with the discount on WeExchange's Bitcoin IOUs?

So far as I know, no one was able to successfully withdraw BTC via Weex. I've tried to deposit BTC from Ripple to Weex following their instructions. BTC just disappeared from my Ripple wallet and did not appear at Weex account.

This explains the discount I guess - you can withdraw Bitstamp BTC IOUs, but Weex BTC IOUs are mostly useless until this issue is resolved.

jking

newbie

Activity: 34

Merit: 0

What's up with the discount on WeExchange's Bitcoin IOUs?

In the client's internal BTC/XRP market, I can buy BTC/Bitstamp for 79,990 XRP.

But I can buy BTC/WeExchange for just 44,000 XRP. That's almost half the price. Is WeExchange not redeeming at the moment? That's the only thing I can think that would cause them to trade at such a large discount. Which would explain the above complaints.

LoweryCBS

sr. member

Activity: 364

Merit: 250

firstbits 1LoCBS

Quote from: Andrew Vorobyov on February 26, 2013, 03:56:25 PM

I think it must be

Quote

rpvfJ4mR6QQAeogpXEKnuyGBx8mYCSnYZi?dt=999999999

See after ? sign

Andrew Vorobyov

hero member

Activity: 558

Merit: 500

I think it must be

Quote

rpvfJ4mR6QQAeogpXEKnuyGBx8mYCSnYZi?dt=999999999

See after ? sign

Trading

legendary

Activity: 1455

Merit: 1033

Nothing like healthy scepticism and hard evidence

I had the same problem, but only sent 0.0001 to test the system. It seems that the ripple client doesn't recognize the last digits that seems to identify our "real" account at weexchange. I sent them a ticket, but no answer yet. I think the money went directly to the weexchange main account and so all will end alright, you will receive it, since you can prove you sent it. Weexchange has a good reputation.

LoweryCBS

sr. member

Activity: 364

Merit: 250

firstbits 1LoCBS

(crossposted here: https://ripple.com/forum/viewtopic.php?f=1&t=726)

I moved some funds from my ripple account by sending 2.06 BTC to WeExchange's "Direct Ripple Deposit"

The address I sent to was rpvfJ4mR6QQAeogpXEKnuyGBx8mYCSnYZi?d=999999999

(9999999999 replaces the numbers at the end of the address WeExchange gave me, just in case it doesn't need to be public)

but they haven't shown up after ~12 hours. They do show in my ripple history as sent.

WeExchange has this note on their "Add Funds" page:

Quote

Due to instabilities with the ripple daemon we have added the ability to 'locate' a lost deposit.
Simply enter the transaction 'hash' below, and the system will attempt to verify, and complete your deposit.

I opened a WeExchange support ticket, but where do I find thise transaction hash?

Topic: BTC to WeExchange from ripple account (resolved) - page 2. (Read 3984 times)