http://coinlab.com/status is a bit stale - March 21, 2013 was the last update -I was kind of hoping that coinlab would be humming along by now. It would be nice to hear something from the coinlab people on this especially given the challenges over at mtgox today- I sent coinlab an email about two weeks ago that went unanswered.
I assumed that Coinlab got the class of customers they wish to provide service to and are happily chipping along. Same with Tradehill.
I figure that some months ago Bitcoin markets generally move into the same mode as Wall Street. That is, where a bulk of the participants are getting ass-raped without even knowing it and the real action happens outside of the channels they see. Unlike in traditional markets where there is some token body who is, in theory, responsible for protecting the participants there is no such thing for Bitcoin at all. Also unlike the traditional markets, the 'normal' participants still have plenty of wealth though. The markets will, I'm confident, evolve to be highly efficient as stripping this. When that task is done they can move on to mostly playing amongst themselves.
My understanding is that CoinLab was to transition ALL US and Canadian business through them (originally by the 31st of March 2013). In fact they indicated that if you were in the US or Canada that MTgox would no longer service you. Has there been a change of plan and if so what source did you get that information from?
I pulled the info straight out of my ass. That's why I used terms like 'I figure' and 'I assume'.
Not that some of my conjectures don't have some basis in observation however. For a period of time I had hoped to make use of either Tradehill or Coinlab's services so I've been watching for updates and noticing how extraordinarily silent they've become. At least in terms of threads on this forum, responsiveness to communication attempts by us plebs, and updates on their respective web sites.
It is especially interesting to note that in addition to being the CEO of this organization, ~vess is also the chairperson of the Bitcoin Foundation. Or at least has a strong leadership role in each. One has to conjecture that their interests are aligned to some extent.
Interesting - It will be interesting to see what their position is once they do send out the next communication
