Author

Topic: MasterXchange is closing - get out now (Read 888 times)

newbie
Activity: 1
Merit: 0
October 19, 2015, 06:58:36 PM
#14
This news came to me as a shock, is this coming from MasterXchange staff/rep here? what is the source of this information.

I got an email directly from them with this message.

Now, where to send my MAIDsafecoin?
sr. member
Activity: 434
Merit: 250
October 19, 2015, 04:41:51 PM
#13
This news came to me as a shock, is this coming from MasterXchange staff/rep here? what is the source of this information.
full member
Activity: 140
Merit: 100
October 19, 2015, 01:31:16 PM
#12
it is #46 on coinmarketcap exchange lists. that is why nobody have heard their name.
Nice guys finish last.  Karpeles and Ulbricht are on the front page.  Dutang and Lafuma are on page 46.
Bad news in the bitcoin world makes headlines first  Roll Eyes
legendary
Activity: 3472
Merit: 10611
October 19, 2015, 08:59:49 AM
#11
it is #46 on coinmarketcap exchange lists. that is why nobody have heard their name.
Nice guys finish last.  Karpeles and Ulbricht are on the front page.  Dutang and Lafuma are on page 46.

yeah. this is sad but true.
i don't know about this particular exchanger but i have seen good, honest people put out of their business and yet scammers continue their work restless.
them warning people of their closing shows this though.
full member
Activity: 140
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
October 19, 2015, 06:55:54 AM
#10
Never heard of them, but i think they just use recent stress as excuse to close their service because they suffer loss Roll Eyes
But, it's great to see them not to run away, because few small exchange did it before

At least, we don't another exchange become scam this time

Nowadays, an exchange is honorable if it does not steal customer money when it close its door.
hero member
Activity: 714
Merit: 528
October 19, 2015, 03:59:32 AM
#9
Never heard of them before Tongue
But the positive thing is the admin was good enough to tell their member take their coin out of the exchange Roll Eyes
Kudos to the admins Cheesy
hero member
Activity: 924
Merit: 1005
4 Mana 7/7
October 19, 2015, 03:49:03 AM
#8
Never heard of them but seems pretty coward of them to close a whole exchange just because of a stress test, just sayin.
legendary
Activity: 1386
Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
October 19, 2015, 03:46:20 AM
#7
it is #46 on coinmarketcap exchange lists. that is why nobody have heard their name.
Nice guys finish last.  Karpeles and Ulbricht are on the front page.  Dutang and Lafuma are on page 46.
legendary
Activity: 3472
Merit: 10611
October 19, 2015, 03:17:06 AM
#6
never even heard of masterXchange until now. the site looks pretty dead.

yeah it is pretty dead with nearly no daily volume. it is #46 on coinmarketcap exchange lists. that is why nobody have heard their name.

but it is good thing that they are announcing their leave an not just running away suddenly like some others did in the past.

p.s. i think this topic belongs to services announcement or discussion sections!
sr. member
Activity: 530
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 19, 2015, 03:12:23 AM
#5
Sad to see. They are a good exchange.
legendary
Activity: 3500
Merit: 2246
🌀 Cosmic Casino
October 19, 2015, 03:10:44 AM
#4
Due to the trouble with the small blocks and recent stress testing, the owners of MasterXchange find it too difficult to continue.  So, these stress tests have resulted in more than one person throwing in the towel.  Too bad.  Better go withdraw any residual funds you have there.

They seem nice and honest people, they adress their customers beforehand with this message:

Quote
Please check your account balances and withdraw your coins before November 15th 2015

I wish MtGox did the same. I wish all exchanges be like this:

Quote
We stored millions worth of your mastercoin and maidsafe and were never hacked.

That's a shame it didn't work out for them.
newbie
Activity: 30
Merit: 0
October 19, 2015, 03:02:55 AM
#3
A regrettable message!!! Shocked
copper member
Activity: 924
Merit: 1007
hee-ho.
October 19, 2015, 03:01:14 AM
#2
never even heard of masterXchange until now. the site looks pretty dead.
legendary
Activity: 1386
Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
October 19, 2015, 02:55:00 AM
#1
Due to the trouble with the small blocks and recent stress testing, the owners of MasterXchange find it too difficult to continue.  So, these stress tests have resulted in more than one person throwing in the towel.  Too bad.  Better go withdraw any residual funds you have there.
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