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Topic: Last few hours to get TRC before BTC-E...? [Edit: Ignore, Bitparking's extended] (Read 1928 times)

legendary
Activity: 1344
Merit: 1001
It's actually kind of lucky TRC isn't being traded now as I'm sure this would have caused some panic sells: https://bitcointalksearch.org/topic/trc-no-block-for-4hours-everyone-out-of-sync-168251
hero member
Activity: 574
Merit: 500
I've asked the Bitparking admin if he could extend his original deadlines given the circumstances with Vircurex, and he replied yes.

Quote
I'll keep the exchange operating for a couple of extra days to give Vircurex a chance to get back up. Once I close the trading engine I'll keep it up for withdrawals for a while then process the emergency withdrawal address. After that I'll have some simple interface for withdrawals operating until the exchange is empty. Worse case people can email [email protected] if they can't reach the site and I'll sort it out.

Here are the messages from the website, including a new update he just posted:

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.

2013-04-06: It seems that Vircurex is down due to a server upgrade needed. I'll keep the trading engine running here until they are back up. I still suggest removing your coins and storing them locally. Deposit when you need to trade and withdraw when you are done so you are always in control of your coins.

tldr; Bitparking now will keep going till Vircurex returns. Panic averted.  Smiley
newbie
Activity: 39
Merit: 0
Id love to panic buy some TerraCoins right now, but theres nowhere to get them with Vir down

Head to cryptonit and make better offers than what I saw there earlier. Smiley

What rate are you looking for? Ill go ahead and say that 0.009 is out of the question (@ Cryptonit's 60 TRC for 0.009 ea)
hero member
Activity: 574
Merit: 500
All this rumour nonsense. -_-

All in the OP is either provably happening, or clearly stated as opinion.

Which bits do you think are rumours, and why do you think that?

It's all speculation/rumour to drum up interest and cause the price to inflate/deflate. Why else would a site that's down half the time keep yanking people's chains? It's not helped by the fact that you, and everyone's mother have been posting about it.

You think Vircurex and Bitparking conspired to bring their sites down on the same day to manipulate the value of an alt currency?

I wouldn't put it past them, they are businesses after all. Make the most profit for the least amount of effort. They know that Bitcoin is a bubble, altcoins even more so.

If you have good evidence that bitcoin is a bubble, you can short bitcoin and make a killing. There is free money lying on the table waiting for you to pick it up when bitcoin crashes.

Personally, I wouldn't advise it.
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
Id love to panic buy some TerraCoins right now, but theres nowhere to get them with Vir down

Head to cryptonit and make better offers than what I saw there earlier. Smiley
sr. member
Activity: 280
Merit: 250
V for Victory or Rather JustV8
All this rumour nonsense. -_-

All in the OP is either provably happening, or clearly stated as opinion.

Which bits do you think are rumours, and why do you think that?

It's all speculation/rumour to drum up interest and cause the price to inflate/deflate. Why else would a site that's down half the time keep yanking people's chains? It's not helped by the fact that you, and everyone's mother have been posting about it.

You think Vircurex and Bitparking conspired to bring their sites down on the same day to manipulate the value of an alt currency?

I wouldn't put it past them, they are businesses after all. Make the most profit for the least amount of effort. They know that Bitcoin is a bubble, altcoins even more so.
legendary
Activity: 1442
Merit: 1000
All this rumour nonsense. -_-

All in the OP is either provably happening, or clearly stated as opinion.

Which bits do you think are rumours, and why do you think that?

It's all speculation/rumour to drum up interest and cause the price to inflate/deflate. Why else would a site that's down half the time keep yanking people's chains? It's not helped by the fact that you, and everyone's mother have been posting about it.

You think Vircurex and Bitparking conspired to bring their sites down on the same day to manipulate the value of an alt currency?

Very unlikely, Doublec is one of the good guys Smiley
hero member
Activity: 574
Merit: 500
All this rumour nonsense. -_-

All in the OP is either provably happening, or clearly stated as opinion.

Which bits do you think are rumours, and why do you think that?

It's all speculation/rumour to drum up interest and cause the price to inflate/deflate. Why else would a site that's down half the time keep yanking people's chains? It's not helped by the fact that you, and everyone's mother have been posting about it.

You think Vircurex and Bitparking conspired to bring their sites down on the same day to manipulate the value of an alt currency?
sr. member
Activity: 280
Merit: 250
V for Victory or Rather JustV8
All this rumour nonsense. -_-

All in the OP is either provably happening, or clearly stated as opinion.

Which bits do you think are rumours, and why do you think that?

It's all speculation/rumour to drum up interest and cause the price to inflate/deflate. Why else would a site that's down half the time keep yanking people's chains? It's not helped by the fact that you, and everyone's mother have been posting about it.
hero member
Activity: 574
Merit: 500
How do we even know that BTC-E is going to start trading these currencies today?
Do we know that? Although they did say very soon I haven't heard anything suggesting that it's today.

What is a distinct possibility (although not certain, or maybe even likely, I don't know) is that Vircurex will not reopen until whatever day BTC-E starts trading the currencies, which would make right now the last chance to get TRC from an exchange.

Update: Virucex have now tweeted saying they hope to be back online by Monday: "Application migration and testing probably done by Monday night".
hero member
Activity: 574
Merit: 500
Id love to panic buy some TerraCoins right now, but theres nowhere to get them with Vir down

That was the point of the post - there is, but only for a few hours unless Vircurex comes back before BTC-E starts trading them.

https://trcexchange.bitparking.com/main

newbie
Activity: 39
Merit: 0
Id love to panic buy some TerraCoins right now, but theres nowhere to get them with Vir down
hero member
Activity: 574
Merit: 500
All this rumour nonsense. -_-

All in the OP is either provably happening, or clearly stated as opinion.

Which bits do you think are rumours, and why do you think that?
sr. member
Activity: 280
Merit: 250
V for Victory or Rather JustV8
All this rumour nonsense. -_-
hero member
Activity: 574
Merit: 500
How do we even know that BTC-E is going to start trading these currencies today?

Do we know that? Although they did say very soon I haven't heard anything suggesting that it's today.

What is a distinct possibility (although not certain, or maybe even likely, I don't know) is that Vircurex will not reopen until whatever day BTC-E starts trading the currencies, which would make right now the last chance to get TRC from an exchange.
member
Activity: 70
Merit: 10
How do we even know that BTC-E is going to start trading these currencies today?
hero member
Activity: 574
Merit: 500
Looks like it might be too late to get lots of TRC now - there are aren't many BTC worth of TRC left on https://trcexchange.bitparking.com - maybe someone in the know is grabbing them as we speak.  Huh
Cryptonit is still open, but they haven't had much volume lately.
*Rushes to grab some*

http://exchange.zapto.org/exchange/1/5

Gah! There are only 60 Terracoins left! Hardly worth opening an account.

It'll take higher bids than what's currently there for me to put any of mine up for sale there, right now.
You can still get some lower than that on https://trcexchange.bitparking.com/main right now.
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
Looks like it might be too late to get lots of TRC now - there are aren't many BTC worth of TRC left on https://trcexchange.bitparking.com - maybe someone in the know is grabbing them as we speak.  Huh
Cryptonit is still open, but they haven't had much volume lately.
*Rushes to grab some*

http://exchange.zapto.org/exchange/1/5

Gah! There are only 60 Terracoins left! Hardly worth opening an account.

It'll take higher bids than what's currently there for me to put any of mine up for sale there, right now.
sr. member
Activity: 280
Merit: 250
V for Victory or Rather JustV8
Considering how unprofitable they are to mine, I doubt you'll see massive inflation. >_>
legendary
Activity: 1344
Merit: 1001
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