Author

Topic: Tangible Cryptography completed $300,000 in transactions in the past 48 hours (Read 1434 times)

newbie
Activity: 21
Merit: 0
Amazing volume, used you guys a few time now with no problems, well done!
sr. member
Activity: 293
Merit: 250
legendary
Activity: 1400
Merit: 1013
I believe you have it backwards. TC had to open to new customers BUYING bitcoins for the first time in months because there were so many bitcoin sellers not enough demand, so TC was overstocked on coins. TC, correct me if I'm wrong.
They did have to open Bitcoins Direct to new customers, and they had to close it again a few days later with more people applying than they could accept.

That just reinforces my basic point that in spite of people taking profits at record levels the demand for Bitcoins is still keeping the price high.
sr. member
Activity: 449
Merit: 250
Consider what this means about the demand for Bitcoins now as compared to the past. TC is selling them faster than ever before yet the price is still over $40.

I believe you have it backwards. TC had to open to new customers BUYING bitcoins for the first time in months because there were so many bitcoin sellers not enough demand, so TC was overstocked on coins. TC, correct me if I'm wrong.

Edit: I should also compliment TC on passing their first real stress test. I'm happy to see such a well-run and well-regarded company in the Bitcoin world.
legendary
Activity: 1400
Merit: 1013
Consider what this means about the demand for Bitcoins now as compared to the past. TC is selling them faster than ever before yet the price is still over $40.
hero member
Activity: 700
Merit: 500
Very nice. Especially considering the volatility.
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
Wow, congratulations!  I haven't had the chance to use your service (yet), but I appreciate watching your contribution to the bitcoin economy.
donator
Activity: 1218
Merit: 1079
Gerald Davis
I rarely publish sales metrics but I am really impressed with what our team accomplished during the crazy and volatile past 48 hours.

Tangible Cryptography Combined Transaction Volume 03/06 & 03/07
Total Transactions Completed: $321,304.40 (7,371.788 BTC)
Total Transactions Cancelled: $0.00 (0.000 BTC)*

I want to thank all our valued clients for putting us on a track to make March our highest volume month yet.





* No "high risk" reversals here.
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