Topic: CryptoXchange gone broke? (Read 6943 times)
the only other cryptoXchange threads I have seen are all in SCAM ACCUSATIONS
where's their official thread?
yep, you're right. Here is the last days worth of trades.
Quantity(BTC) Price(AUD) Amount(AUD) Date
14.00000000 13.70000 191.8000 11/19/2012 9:38 AM
17.38000000 13.60000 236.3680 11/18/2012 12:41 PM
7.24769882 13.56000 98.2788 11/16/2012 8:01 PM
10.00000000 13.25000 132.5000 11/17/2012 2:56 PM
10.00000000 13.15000 131.5000 11/17/2012 2:57 PM
34.94000000 13.10000 457.7140 11/16/2012 1:25 PM
20.00000000 13.00000 260.0000 11/16/2012 9:47 AM
15.00000000 12.90000 193.5000 11/16/2012 6:53 AM
https://www.cryptoxchange.com/Data/BidListHomeGrid
Quantity(BTC) Price(AUD) Amount(AUD) Date
14.00000000 13.70000 191.8000 11/19/2012 9:38 AM
17.38000000 13.60000 236.3680 11/18/2012 12:41 PM
7.24769882 13.56000 98.2788 11/16/2012 8:01 PM
10.00000000 13.25000 132.5000 11/17/2012 2:56 PM
10.00000000 13.15000 131.5000 11/17/2012 2:57 PM
34.94000000 13.10000 457.7140 11/16/2012 1:25 PM
20.00000000 13.00000 260.0000 11/16/2012 9:47 AM
15.00000000 12.90000 193.5000 11/16/2012 6:53 AM
https://www.cryptoxchange.com/Data/BidListHomeGrid
hmm interesting; nevermind me.
Here is a screenshot of exchange rates this afternoon
How the hell did exchanges of $22AUD per Bitcoin happen?!?
How the hell did exchanges of $22AUD per Bitcoin happen?!?
Probably due to fiat sitting in accounts there being extremely difficult to withdraw via any other method beside converting to BTC at whatever asks were posted. A bank run of sorts.
Quote from: CryptoXchange
Dear Clients,
Effective immediately Crypto X Change will be shutting down trading / deposits and returning all client funds.
Please do not deposit any bitcoins to your unique deposit address or do not deposit any AUD or USD via any deposit methods. All deposits made on 19th before this announcement will be returned without any fees.
You can use the website to place your withdraw requests and withdraw coins.
Please send your questions or support reuqetsts to [email protected].
It has been a pleasure working with the Bitcoin community and we wish Bitcoin a great future ahead.
Please follow our blog for more updates.
http://www.cryptoxchange.com/blog/
Regards,
Crypto X Change
Effective immediately Crypto X Change will be shutting down trading / deposits and returning all client funds.
Please do not deposit any bitcoins to your unique deposit address or do not deposit any AUD or USD via any deposit methods. All deposits made on 19th before this announcement will be returned without any fees.
You can use the website to place your withdraw requests and withdraw coins.
Please send your questions or support reuqetsts to [email protected].
It has been a pleasure working with the Bitcoin community and we wish Bitcoin a great future ahead.
Please follow our blog for more updates.
http://www.cryptoxchange.com/blog/
Regards,
Crypto X Change
Looks like they've gone broke. Which is a shame, used to be able to sell bitcoin at a higher rate than MTgox.
This might explain why it look them nearly 2 weeks to send me my cash.
Anyone else know anything?
I know that Ken has serious health issues which may have affected his capacity to keep on top of the business and that people were advising him to either shut down or sell the business months ago for the sake of his health.
Fraud attempts may also have factored into the profitability of the exchange. They didn't have a large volume anyway and you don't have to lose much to fraud for the effects to be catastrophic when you're new and small.
As they're operated by a company, I'd expect them to go through formal insolvency processes for their own protection if they are indeed broke - which would be a matter of public record. This may well be more a case of them believing that the writing is on the wall and deciding to get out before insolvency becomes inevitable.
Here is another thread on the topic as well:
This is an ex-change (cryptoxchange closes shop)
- https://bitcointalksearch.org/topic/this-is-an-ex-change-cryptoxchange-closes-shop-126732
This is an ex-change (cryptoxchange closes shop)
- https://bitcointalksearch.org/topic/this-is-an-ex-change-cryptoxchange-closes-shop-126732
monitoring
yep, you're right. Here is the last days worth of trades.
Quantity(BTC) Price(AUD) Amount(AUD) Date
14.00000000 13.70000 191.8000 11/19/2012 9:38 AM
17.38000000 13.60000 236.3680 11/18/2012 12:41 PM
7.24769882 13.56000 98.2788 11/16/2012 8:01 PM
10.00000000 13.25000 132.5000 11/17/2012 2:56 PM
10.00000000 13.15000 131.5000 11/17/2012 2:57 PM
34.94000000 13.10000 457.7140 11/16/2012 1:25 PM
20.00000000 13.00000 260.0000 11/16/2012 9:47 AM
15.00000000 12.90000 193.5000 11/16/2012 6:53 AM
https://www.cryptoxchange.com/Data/BidListHomeGrid
Quantity(BTC) Price(AUD) Amount(AUD) Date
14.00000000 13.70000 191.8000 11/19/2012 9:38 AM
17.38000000 13.60000 236.3680 11/18/2012 12:41 PM
7.24769882 13.56000 98.2788 11/16/2012 8:01 PM
10.00000000 13.25000 132.5000 11/17/2012 2:56 PM
10.00000000 13.15000 131.5000 11/17/2012 2:57 PM
34.94000000 13.10000 457.7140 11/16/2012 1:25 PM
20.00000000 13.00000 260.0000 11/16/2012 9:47 AM
15.00000000 12.90000 193.5000 11/16/2012 6:53 AM
https://www.cryptoxchange.com/Data/BidListHomeGrid
Most likely no such trades actually occurred (had read in another thread that prices have shown up there that never actually went through as trades).
Here is a screenshot of exchange rates this afternoon
How the hell did exchanges of $22AUD per Bitcoin happen?!?
How the hell did exchanges of $22AUD per Bitcoin happen?!?
Just from the lack of trading volume (ever since it started really) it was fairly obvious that this company could not even afford to pay for one full-time skilled employee (which would explain why the severe lack of service).
Unfortunately I think Aussies are just not quite ready to buy/sell bitcoins in large enough quantities to justify having an Aussie focused exchange (hopefully this will change down the track).
Unfortunately I think Aussies are just not quite ready to buy/sell bitcoins in large enough quantities to justify having an Aussie focused exchange (hopefully this will change down the track).
I think the writing has been on the wall for this for a while. They were never even able to get SMS security confirmations working for me and that was months ago.
Know nothing. Ask no questions. 
Quote from: CryptoXchange
Dear Clients,
Effective immediately Crypto X Change will be shutting down trading / deposits and returning all client funds.
Please do not deposit any bitcoins to your unique deposit address or do not deposit any AUD or USD via any deposit methods. All deposits made on 19th before this announcement will be returned without any fees.
You can use the website to place your withdraw requests and withdraw coins.
Please send your questions or support reuqetsts to [email protected].
It has been a pleasure working with the Bitcoin community and we wish Bitcoin a great future ahead.
Please follow our blog for more updates.
http://www.cryptoxchange.com/blog/
Regards,
Crypto X Change
Effective immediately Crypto X Change will be shutting down trading / deposits and returning all client funds.
Please do not deposit any bitcoins to your unique deposit address or do not deposit any AUD or USD via any deposit methods. All deposits made on 19th before this announcement will be returned without any fees.
You can use the website to place your withdraw requests and withdraw coins.
Please send your questions or support reuqetsts to [email protected].
It has been a pleasure working with the Bitcoin community and we wish Bitcoin a great future ahead.
Please follow our blog for more updates.
http://www.cryptoxchange.com/blog/
Regards,
Crypto X Change
Looks like they've gone broke. Which is a shame, used to be able to sell bitcoin at a higher rate than MTgox.
This might explain why it look them nearly 2 weeks to send me my cash.
Anyone else know anything?
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