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Topic: TradeHill - shutting down trading / deposits and returning all client funds - page 3. (Read 22230 times)

evoorhees

legendary

Activity: 1008

Merit: 1023

Democracy is the original 51% attack

Quote from: Desolator on February 14, 2012, 04:45:26 PM

If all exchanges shut down at once, good, then BTC wouldn't have a price and people would actually have to use BTC itself to buy stuff.

One of the silliest things I've ever read on these forums

Sorry to hear of the closing, Jered - you're a gentleman and a scholar. I was always pleased with my Tradehill experiences. Can't wait to see what your team will build next.

Boussac

legendary

Activity: 1221

Merit: 1025

e-ducat.fr

I wish the best to you guys at TH from the bitcoin-central.net team here in Europe.
Come back soon. The system would like us to fight with pop-guns but we are non-violent entrepreneurs and they have no idea how much determination and resilience there is in the bitcoin community.

Desolator

sr. member

Activity: 392

Merit: 250

okay, this is like a triple un-quoted reply to earlier posts.

If all exchanges shut down at once, good, then BTC wouldn't have a price and people would actually have to use BTC itself to buy stuff.

Your LR deposit into tradehill quite possibly didn't go through so after whatever LR's "timeout" is, it should return the funds and just say it was unable to complete, right? Dunno that for sure since I've never used them, just thought I'd put it out there as a possibility since lots of other financial things work that way.

And finally, to the dude above me, all it would take to ruin that system is 1 criminal and I bet at least 6 would show up, maybe 7 lol.

disclaimer201

legendary

Activity: 1526

Merit: 1001

I liked TH very much. Too bad I was unable to use it here in Germany ever since SEPA was cancelled. You guys need to come up with exchanges that give people the security to trade bitcoins without dealing with the fiat side of it. Let the people do their transfers via banks and etc themselves. Just create a space where people can trust each other. Take fractions of bitcoins as a fee and/or enable donations on the exchange website in exchange for the service. It's far too risky to deal with actual 'money' anyway.

Best of luck and thank you for all your efforts,

d.

Yankee (BitInstant)

legendary

Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: becoin on February 14, 2012, 08:23:54 AM

Quote from: Yankee (BitInstant) on February 13, 2012, 07:13:52 PM

We are currently finishing up our TradeHill withdrawal system, it will be ready within 48 hours.

You will be able to withdaw your TradeHill USD to the following destinations:

Such a system for clearing funds between exchanges was offered to TH almost a year ago. It was quite clear that banks will wage an open war against bitcoin sooner than later. Its petty they have decided at that time they are too big to fail and too brilliant entrepreneurs to grab a helping hand...

Thanks,

btw- I just woke up, licked my finger and tried scraping a bug of my screen. Took me two licks to realize it was your signature.

How's that for a 'brilliant entrepreneur' hahaha

-C

cryptoanarchist

legendary

Activity: 1120

Merit: 1003

Quote from: cryptoanarchist on February 13, 2012, 09:40:01 PM

Jered-

I had a deposit (#43288) from LR that was never added to my TradeHill balance, and now just says 'Canceled'. The money hasn't been sent back to my LR account, though. Will I be receiving that back soon?

Yes, if you already have an open ticket leave it there. If not submit one. I'm going through the backlog now and future emails will be answered much more promptly. We still have a few hundred emails to go though.
-Jered

The ticket (#43288) was for a deposit that you never added to my account. I can't create a withdrawal ticket because the funds were never added. Can you please send funds back to my LR account?

cryptoxchange

sr. member

Activity: 305

Merit: 250

Crypto X Change

Hi Jered,

Best of luck with future Bitcoin projects from Everyone at Crypto X Change.

Take care, talk soon!

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: Yankee (BitInstant) on February 13, 2012, 07:13:52 PM

We are currently finishing up our TradeHill withdrawal system, it will be ready within 48 hours.

You will be able to withdaw your TradeHill USD to the following destinations:

Fireball

hero member

Activity: 674

Merit: 500

Quote from: BadBear on February 14, 2012, 07:57:41 AM

Quote from: iamapi on February 14, 2012, 07:41:55 AM

Sorry to hear that, what about mtGox?

They are doing fine as far as I know.

In addition, I'm about to open ICBIT - https://bitcointalksearch.org/topic/icbit-new-exchange-60548

It's bad to see TradeHill go. Bitcoin community should always have a choice of exchanges so that it's not that easy to "shutdown" the whole Bitcoin project.

fgmnp

donator

Activity: 29

Merit: 252

Quote from: Jered Kenna (TradeHill) on February 13, 2012, 05:30:57 PM

::::: Announcement :::::: TradeHill suspending trading and returning client funds.

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Everyone at TradeHill has also been working without pay for several months

That's really sad to hear.

I pledge a $100 donation from my Tradehill balance.

Let's all join to donate to Tradehill and hope to see great things from bitcoin.com.

deego

BadBear

legendary

Activity: 1652

Merit: 1128

Quote from: iamapi on February 14, 2012, 07:41:55 AM

Sorry to hear that, what about mtGox?

They are doing fine as far as I know.

iamapi

newbie

Activity: 56

Merit: 0

Sorry to hear that, what about mtGox?

finway

hero member

Activity: 714

Merit: 500

Hope you come back later!

Jered Kenna (TradeHill)

sr. member

Activity: 420

Merit: 250

@bitcon - if it's submitted you should be fine. If you don't get it in a few days let us know.

@bitcool - that's somewhat the idea, we'll see what we can do while avoiding the banks. The exchange market monopoly needs to be broken up either by a decentralized system or more decent exchanges. That's not a shot at Gox and I doubt they would take it as such. It's just adhering to the principal of Bitcoin.

@keyur - Thanks, I appreciate it, I haven't seen you around as much recently and I hope things are going well. Stay in touch and let me know if you're in San Francisco anytime.

@badbear - Thanks, other than legal risks running it in to the ground isn't going to help anyone. Well said.

@finway - if you've got an account with us we added it as a withdrawal option. I've had a few people ask so I'll add a Bitcoin address as well. Donation address: 13Lvy1CCHi7fYHHVarGvuXnSg3ZccvGmyg

BadBear

legendary

Activity: 1652

Merit: 1128

This sucks, but better to close it out instead of riding it into the ground. Best of luck in your future endeavors.

finway

hero member

Activity: 714

Merit: 500

Where to donate?

bitcon

legendary

Activity: 2212

Merit: 1008

just don't run off with my money plz. i need it to pay for tuition!

Keyur @ Camp BX

sr. member

Activity: 299

Merit: 250

Jered,
Sorry to hear that TradeHill is shutting down - you and your team have been great guys to work with. I hope you stay engaged in the Bitcoin community in future too!

- Keyur

bitcool

legendary

Activity: 1441

Merit: 1000

Live and enjoy experiments

Sorry to hear that. I applaud your honesty and integrity.

Why do we have to exchange fiat paper? bitcoin is too good for that. The world doesn't need yet another exchange, bitcoin.com should show the world e-commerce can be done without any fiat currency.

Just my 2 cents.

bitcon

legendary

Activity: 2212

Merit: 1008

does this mean i'm not getting my check mailed? i already requested a withdrawal.