Vircurex to remove all non-BTC trading pairs in days - POSTPONED!

TheButterZone

legendary

Activity: 3052

Merit: 1031

RIP Mommy

Quote from: ?? on ??

After reading through everything, what they are going to be doing is stopping alt to alt trades. For example:

You didn't read through everything...

Quote from: TheButterZone on May 22, 2013, 03:49:05 PM

ETA2:

Quote from: Kumala on May 24, 2013, 06:00:39 AM

Due to the mixed feedback on canceling the any-2-any trading, we will postpone this action until further notice.

Locking topic and deleting posts to stop incorrect info being spread.

Be vigilant and put https://bitcointalksearch.org/topic/closed-49383 on Notify.

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: ranlo on May 25, 2013, 06:13:48 PM

It does make things "easier," but it also means you pay fees twice instead of just once.

easily fixed lowering the fee.

ranlo

legendary

Activity: 1974

Merit: 1007

Quote from: Lohoris on May 25, 2013, 03:51:26 PM

Quote from: ?? on ??

More or less you can still convert anything to anything, but if it is an alt to alt it requires two jumps:

Alt->BTC->NewAlt

And this makes sense to me, after all if there are too many weird exchange pairs, it wound't be a good thing neither for casual nor for power users...

It does make things "easier," but it also means you pay fees twice instead of just once.

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: ?? on ??

More or less you can still convert anything to anything, but if it is an alt to alt it requires two jumps:

Alt->BTC->NewAlt

And this makes sense to me, after all if there are too many weird exchange pairs, it wound't be a good thing neither for casual nor for power users...

counter

hero member

Activity: 798

Merit: 500

Time is on our side, yes it is!

OK

TheButterZone

legendary

Activity: 3052

Merit: 1031

RIP Mommy

Quote from: ?? on ??

So to clarify on what this thread is about. Vicurex will delete any and all alt coins I have stored in the wallets on there site is not removed asap?

NO.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

to be honest I never thought much of the Vircurex site.

Very ugly and appears that they don't take pride in their work. Looks like something you might whip up for a small project in college just to pass the class.

ruggedman_dan

legendary

Activity: 1012

Merit: 1000

We on P. Sherman 42 Wallaby Way, Sydney

I can see this is gonna suck for a lot of people.

But, to be fair, getting a decent order filled at Vircurex is really tough. I can see their reasoning behind this. Although them trying to be sneaky about it is clearly the wrong way to approach this.

Hopefully this change will increase the volume there. If so, Vircurex can be a good option because of the ease of depositing and withdrawing. I love VouchX coupons.

mtrlt

member

Activity: 104

Merit: 10

This is a _sensible_ change. We don't need a hundred currency pairs.

area

full member

Activity: 177

Merit: 100

The fact this hasn't been announced on the site itself is pretty bad. I would also like to register my disapproval. Wanting to sort out the screen layout is a particularly bad justification. Most of the trading pairs are hidden by default once logged in, anyway. Just don't show them on the main page, and have them as opt-in for display on a per user basis.

EDIT: To clarify, the ability to trade any/any is the major reason why I use VirCurEx, and I regard this ability as the distinguishing feature of VirCurEx. Should this ability be removed, I will be taking my custom elsewhere. I am sure I am not the only one.

glendall

legendary

Activity: 2100

Merit: 1018

Sugars.zone | DatingFi - Earn for Posting

Holy crap this is huge news. Surprised I wasn't aware of this until now (thanks OP).

That sucks. I enjoyed and had a lot of success at selling some fringe alt coins for usd on Vircurex.

samson

legendary

Activity: 2097

Merit: 1068

Did vircurex change owner recently ?

ranlo

legendary

Activity: 1974

Merit: 1007

This sucks... I thought they get kickbacks from each trade that's made? This will cause there to be less trades, meaning less income for them. I really can't fathom why someone would do that. It just doesn't make good business sense.

naphto

sr. member

Activity: 392

Merit: 250

Good luck

You'll get lucky if you get 0.2+ btc

Devianttwo

sr. member

Activity: 294

Merit: 250

Didn't relize this was Vircurex's tech support.

TheButterZone

legendary

Activity: 3052

Merit: 1031

RIP Mommy

Quote from: Kumala on May 22, 2013, 11:44:56 AM

2. Remove any-2-any trading
Due to the lack of volume and the need to restructure our screen layout we have decided to remove all trading pairs that do not include BTC. I.e. we will be offering only trading to and from BTC in the future. All other trading pairs will be discontinued and all open order deleted.

Implementation timeframe: 25th or 26th May.

This is a fucking disaster for my bottom line. Anyone else?

0.39853893 BTC (after fees) if my asks are filled and I finish my FTC trading strategy.

0.13990478 BTC (after fees) if forced to sell my altcoins into BTC bids.

Please either cancel this implementation, or send 0.39853893 BTC to 1TBZYXjrGjXCEN1SprpF66Jzy5uN3GiLS and then close my Vircurex account/seize all the altcoins in it.

ETA: Asks cancelled. ~~WTS~~ SOLD my Vircurex account for 0.21 BTC, with altcoins prestocked (0.05922185 BTC less than the average of the two amounts above). No Yubikey required.

ETA2:

Quote from: Kumala on May 24, 2013, 06:00:39 AM

Due to the mixed feedback on canceling the any-2-any trading, we will postpone this action until further notice.

Topic: Vircurex to remove all non-BTC trading pairs in days - POSTPONED! (Read 2270 times)