who would use LR exchange when there is 20% difference in the rates? this is not a best idea.
once bitcoin7 takes off, no one from outside of US will go to TH for LR.
$45 worldwide wire transfer price is prohibitive for miners today since that's how much many want to withdraw in the first place.
Topic: TradeHill - Who we are - page 5. (Read 42352 times)
How hungry are you?
Dosent seem very polite to me. 
Helping someone become more competitive is impolite?
I just deposited $500 in TH. I am assuming they prefer a rude customer to a polite non-customer.
Also, I am still hoping for a Walmart money transfer option. I'd rather pay the 8 bucks than wait two extra days for Dwolla.
At this point we prefer to offer less payment options and get them in and out smoothly and safely.
When it smooths out we will be offering more and more options.
If you really want to quickly and safely move funds a wire transfer may be the best option.
If it's a small amount it's not worth it due to the fees that your bank and our bank may charge.
We may be able to offer really cheap wire options soon though. We're working on it.
-Jered
This is good to know. Id love to get trading with you guys, but the fees are definitely ewxcessive and as I have mentioned several times, quick trading is going to be essential for a flourishing market. Here's hoping you guys will lead the way in facilitating the liquidity.
MtGox has reduced their commissions (at least temporarily) to 0.3%. Are you going to match that? How hungry are you? You must be aware that you have to bring something extra to the table to compensate for your relatively tiny volume, right?
We've got a few things lined up. I don't think we need a price war but I'm sure it will happen eventually.
There are a lot of ways to compete outside of price. There isn't a war between TradeHill and Mt Gox and I consider the competition pretty friendly. Besides people should be diversifying. Don't put all your money on Mt Gox or TradeHill, spread it around.
Thanks for being so responsive and taking the time to answer questions, and I'm sure as Tradehill grows the look and feel of the website will do so as well. I've had an account for a bit, but have yet to deposit funds. I'm going to wait and see what happens at Mt. Gox before doing that, but keep up the good work.
How hungry are you?
Dosent seem very polite to me. Helping someone become more competitive is impolite?
I just deposited $500 in TH. I am assuming they prefer a rude customer to a polite non-customer.
Also, I am still hoping for a Walmart money transfer option. I'd rather pay the 8 bucks than wait two extra days for Dwolla.
At this point we prefer to offer less payment options and get them in and out smoothly and safely.
When it smooths out we will be offering more and more options.
If you really want to quickly and safely move funds a wire transfer may be the best option.
If it's a small amount it's not worth it due to the fees that your bank and our bank may charge.
We may be able to offer really cheap wire options soon though. We're working on it.
-Jered
How hungry are you?
Dosent seem very polite to me. Helping someone become more competitive is impolite?
I just deposited $500 in TH. I am assuming they prefer a rude customer to a polite non-customer.
Also, I am still hoping for a Walmart money transfer option. I'd rather pay the 8 bucks than wait two extra days for Dwolla.
MtGox has reduced their commissions (at least temporarily) to 0.3%. Are you going to match that? How hungry are you? You must be aware that you have to bring something extra to the table to compensate for your relatively tiny volume, right?
We've got a few things lined up. I don't think we need a price war but I'm sure it will happen eventually.
There are a lot of ways to compete outside of price. There isn't a war between TradeHill and Mt Gox and I consider the competition pretty friendly. Besides people should be diversifying. Don't put all your money on Mt Gox or TradeHill, spread it around.
How hungry are you?
Dosent seem very polite to me.
MtGox has reduced their commissions (at least temporarily) to 0.3%. Are you going to match that? How hungry are you? You must be aware that you have to bring something extra to the table to compensate for your relatively tiny volume, right?
Kidding aside, I don't know what an LCB is, and I'm curious 
lebanese canadian bank?
line of constant bearing?
Kidding aside, I don't know what an LCB is, and I'm curious
It's an inside joke for now. We need to keep a little to ourselves.
Don't feel bad, it will probably get leaked eventually.
About the Liberty Reserve:
We are treating it as it's own currency which should allow us to act as a simple and cheap Liberty Reserve exchanger as well. Additionally there is a huge opportunity to arb the LR market. If you want to cash out with LR I'd suggest selling btc for LR on our site and then cashing it out as LR. We've seen the market growing rapidly and it should be a lot more liquid soon.
why isn't there USD withdrawal to LR? Will it be added?
Kidding aside, I don't know what an LCB is, and I'm curious
strong dislike for LCBs.
Those pesky Lipid Coated Bacteria! Can you enlighten me if it's something else?
Thanks, for the information.
kt
kt
I think maybe you should work on your commission structure. I have 70 referrals, active trading and not alot to show for it.
I have links all over my site and on my new bitcoin software. I promote you on twitter, facebook and forum. Its a lot work. I know you are trying to maintain good cashflow, but take care of the people who are sending the business.
Please Respond
kt
Lookie Here 1MXgbEABic6Up7e3SzHrmkdQTTSRpuUAxY
Get 10% discount for Life and up to 5% for referral
BitcoinConnection.com for the latest news on Bitcoins
I have links all over my site and on my new bitcoin software. I promote you on twitter, facebook and forum. Its a lot work. I know you are trying to maintain good cashflow, but take care of the people who are sending the business.
Please Respond
kt
Lookie Here 1MXgbEABic6Up7e3SzHrmkdQTTSRpuUAxY
Get 10% discount for Life and up to 5% for referral
BitcoinConnection.com for the latest news on Bitcoins
The commission rate is small (10%?) and they only take a little bit from each transaction (0.5%?). If my numbers are right, then you're getting 0.05%.... this means people have to trade 2000 BTC for you to make 1.
Exactly. I was actually going to write basically the same thing. Most people have referrals which lowers the .6% to .54% then you get 10% of that so .054%
Without counting labor of everyone involved with TradeHill we are still paying out of pocket. We may not see profit for a while but are continuing to pay for coders / customer service / security etc etc.
The amount we currently earn in commissions (which you should be able to calculate fairly close but we have some lower rates for a few people) goes towards these things but doesn't pay for them completely.
The exchange (and btc) is still new. Given time you may have referral codes for people that sell off huge amounts of Bitcoin and if that's the case your commissions will be high.
The good part is your cut is locked in for life and getting in this early may get your code spread around quite a bit. Bitcoin has a long journey in front of it if it's going to succeed.
-Jered
I think maybe you should work on your commission structure. I have 70 referrals, active trading and not alot to show for it.
I have links all over my site and on my new bitcoin software. I promote you on twitter, facebook and forum. Its a lot work. I know you are trying to maintain good cashflow, but take care of the people who are sending the business.
Please Respond
kt
Lookie Here 1MXgbEABic6Up7e3SzHrmkdQTTSRpuUAxY
Get 10% discount for Life and up to 5% for referral
BitcoinConnection.com for the latest news on Bitcoins
I have links all over my site and on my new bitcoin software. I promote you on twitter, facebook and forum. Its a lot work. I know you are trying to maintain good cashflow, but take care of the people who are sending the business.
Please Respond
kt
Lookie Here 1MXgbEABic6Up7e3SzHrmkdQTTSRpuUAxY
Get 10% discount for Life and up to 5% for referral
BitcoinConnection.com for the latest news on Bitcoins
The commission rate is small (10%?) and they only take a little bit from each transaction (0.5%?). If my numbers are right, then you're getting 0.05%.... this means people have to trade 2000 BTC for you to make 1.
I think maybe you should work on your commission structure. I have 70 referrals, active trading and not alot to show for it.
I have links all over my site and on my new bitcoin software. I promote you on twitter, facebook and forum. Its a lot work. I know you are trying to maintain good cashflow, but take care of the people who are sending the business.
Please Respond
kt
Lookie Here 1MXgbEABic6Up7e3SzHrmkdQTTSRpuUAxY
Get 10% discount for Life and up to 5% for referral
BitcoinConnection.com for the latest news on Bitcoins
I have links all over my site and on my new bitcoin software. I promote you on twitter, facebook and forum. Its a lot work. I know you are trying to maintain good cashflow, but take care of the people who are sending the business.
Please Respond
kt
Lookie Here 1MXgbEABic6Up7e3SzHrmkdQTTSRpuUAxY
Get 10% discount for Life and up to 5% for referral
BitcoinConnection.com for the latest news on Bitcoins
I cannot access https://api.tradehill.com/APIv1/USD/Ticker for the last 20 mins
Down for me as well. Not sure what's up.Not working here either - been trying to get the feed from sierrachartfeed all day
I cannot access https://api.tradehill.com/APIv1/USD/Ticker for the last 20 mins
Down for me as well. Not sure what's up. Jump to: