first thoughts:
-need something like bitmarket on tor hidden service
-how much is the license 'fee' throughout the world? Where is cheapest? How much is chile.
-TH was based in chile, but why worry if all legit®ulated?
-licensing is easier to be justified but large fees soundike corrupt anticompetition for the industry
Topic: Tradehill shutdown & the Money Transmission Act (Read 2033 times)
Time to move to a real state..
If this starts becoming a problem im sure all the exchange sites will start hosting with providers such as PRQ
PRQ?
prq.se
a Swedish hosting company
If this starts becoming a problem im sure all the exchange sites will start hosting with providers such as PRQ
PRQ?
If this starts becoming a problem im sure all the exchange sites will start hosting with providers such as PRQ
Why not Intersango.com?
Now second largest bitcoin exchange, British registered business, 100% legal and regulation compliant(means no getting shut down).
Run by bitcoin core developers transparently.
Trade USD, GBP, EUR, and PLN. Only MtGox has more volume.
Second longest running, never compromised (they're often the ones to find breaches in other exchanges).
Best customer service in bitcoinland and lowest fees.
Transfer funds using Dwolla & SEPA outside the UK, one day transfers when in the UK.
Now second largest bitcoin exchange, British registered business, 100% legal and regulation compliant(means no getting shut down).
Run by bitcoin core developers transparently.
Trade USD, GBP, EUR, and PLN. Only MtGox has more volume.
Second longest running, never compromised (they're often the ones to find breaches in other exchanges).
Best customer service in bitcoinland and lowest fees.
Transfer funds using Dwolla & SEPA outside the UK, one day transfers when in the UK.
How much did they pay you to say this
? Kidding. They really are an excellent exchange but it needs more liquidity at times compared to gox and backup strategy if their account is closed.
28 pieces of silver?
Seriously though I can't sing their praises enough, when I was in China I was having some issues and they got everything sorted out for me. I've worked with genjix when I started GLBSE, sound bloke that.
Why would their account be closed? They're not some fly by night operation, when starting they actually went to the FSA(guys responsible for financial services in the UK) to get bitcoin catagorised and ensure they comply with all applicable legislation and regulations. It's doing shady stuff that gets your account shut down.
Besides, weren't you saying only a couple of posts ago how we need a decent alternative to MtGox? Well here you go.
Nefario.
Why not Intersango.com?
Now second largest bitcoin exchange, British registered business, 100% legal and regulation compliant(means no getting shut down).
Run by bitcoin core developers transparently.
Trade USD, GBP, EUR, and PLN. Only MtGox has more volume.
Second longest running, never compromised (they're often the ones to find breaches in other exchanges).
Best customer service in bitcoinland and lowest fees.
Transfer funds using Dwolla & SEPA outside the UK, one day transfers when in the UK.
Now second largest bitcoin exchange, British registered business, 100% legal and regulation compliant(means no getting shut down).
Run by bitcoin core developers transparently.
Trade USD, GBP, EUR, and PLN. Only MtGox has more volume.
Second longest running, never compromised (they're often the ones to find breaches in other exchanges).
Best customer service in bitcoinland and lowest fees.
Transfer funds using Dwolla & SEPA outside the UK, one day transfers when in the UK.
How much did they pay you to say this
? Kidding. They really are an excellent exchange but it needs more liquidity at times compared to gox and backup strategy if their account is closed.
Why not Intersango.com?
Now second largest bitcoin exchange, British registered business, 100% legal and regulation compliant(means no getting shut down).
Run by bitcoin core developers transparently.
Trade USD, GBP, EUR, and PLN. Only MtGox has more volume.
Second longest running, never compromised (they're often the ones to find breaches in other exchanges).
Best customer service in bitcoinland and lowest fees.
Transfer funds using Dwolla & SEPA outside the UK, one day transfers when in the UK.
Now second largest bitcoin exchange, British registered business, 100% legal and regulation compliant(means no getting shut down).
Run by bitcoin core developers transparently.
Trade USD, GBP, EUR, and PLN. Only MtGox has more volume.
Second longest running, never compromised (they're often the ones to find breaches in other exchanges).
Best customer service in bitcoinland and lowest fees.
Transfer funds using Dwolla & SEPA outside the UK, one day transfers when in the UK.
That's unfortunate. It's a shame that TH didn't just continue as-is, since they're in Chile, though I understand not wanting to go to jail. The US has well demonstrated the length of their arms with the recent bust of the Megaupload founders in New Zealand.
My Dwolla transfer made it last night, went to try TradeHill for the first time... Just my luck.
Does anyone else notice the trend, of 'just my luck' moments, almost exclusively following US legislations' consequence on our freedom? Oh well, I've gotten used to the fact that we are screwed. Just wish everyone would see it for what it is.
Does anyone else notice the trend, of 'just my luck' moments, almost exclusively following US legislations' consequence on our freedom? Oh well, I've gotten used to the fact that we are screwed. Just wish everyone would see it for what it is.
People's Republic of California.
LMAO
btw.: It's sad for TradeHill and I really hope that they're not in trouble or sth. - I really hope, that a few small exchanges are getting bigger, 'cause Mt. Gox is too big at the moment.
btw 2.: It would be great to see the source code of their platform, so someone else can start an exchange (outside the US)
Simple answer. Don't live in or do business with the People's Republic of California.
Before someone says "I am not moving" well that is how tyrrany happens. Granted the rest of US has the "money services business" regulations to deal with but they are far less punitive then CA. If CA drives enough business out of the state and goes bankrupt maybe they won't be able to afford all that tyranny?
Before someone says "I am not moving" well that is how tyrrany happens. Granted the rest of US has the "money services business" regulations to deal with but they are far less punitive then CA. If CA drives enough business out of the state and goes bankrupt maybe they won't be able to afford all that tyranny?
People really need to stop using these centeralised services nad start using stuff like bitcoin-otc
Bitcoin-otc is too hard to use for most users. The best non-centralized exchanges I know are http://bitcoin.de and http://bitmarket.eu (used mostly by europeans like me).
People really need to stop using these centeralised services nad start using stuff like bitcoin-otc
Here in comes the government; bending people over for the greater good since 1916.
lol that's why the whole world needs to adopt bitcoins asap so that there is no choice but to have the government make regulations to protect the currency rather than squash it! 
Better hope nothing bad happens to MtGox... considering that they're basically the BTC trading monolith now.
you mean better hope nothing else bad happens to mtgox.
Here in comes the government; bending people over for the greater good since 1916.
Better hope nothing bad happens to MtGox... considering that they're basically the BTC trading monolith now.
Not with Tradehill, they're all available for withdrawal.
That sucks hope not too many bitcoins where lost
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