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The Ethereum Thread


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Yeah I don't know, this whole delay in updating and everything else that followed with ice3x has swayed me from using them.

 

The issue was to decide to open the market with zero ETH on the exchange, or to allow ETH deposits, first, so that when the market opens, there will be some trade. Its like advertising a public swimming pool, and then opening it, and it has no water. People think we bad for not opening, and they think we bad for opening with no product, its hard to know which is worse.

 

We enabled ETH deposits prior to opening the market, and were asking miners and traders to deposit some ETH. The hope was that all these miners and professional traders would be market makers, and would bring the ETH.

 

This didnt seem to have as much of the desired effect that we wanted, there was a lot of talk, but not enough deposits from market makers, so this meant delays. We decided then to just open the market, as people were thinking we were just doing a PR stunt or something.

 

I hope you will at least try and use the system, and if you are a miner, let me know, as a market maker you can get a better trading fee.

IceCubed Exchange -------------------------------------Bitcoin ~ Ethereum ~ Litecoinhttps://ice3x.com187x79https://i.imgur.com/B17S2Wh.png[/img]

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ETH exchange was delayed because of a "backlog"...which I don't fully understand

 

The entire trading platform and engine has been upgraded. We have been on the old platform since 2013, and the old system was very different, especially in the way user data was stored on the database.

We ported over all the user data ready for launch, but many users continued to deposit during the time the site was offline, resulting in their crypto deposits not reflecting on the new system immediately.

So we had a backlog of accounts we were syncing and of course were fielding tons of support tickets.

IceCubed Exchange -------------------------------------Bitcoin ~ Ethereum ~ Litecoinhttps://ice3x.com187x79https://i.imgur.com/B17S2Wh.png[/img]

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  • 2 months later...

$373 at the moment, doubt it'll hit $400 in the next 2 days. Will definitely hit $400 in September though.

I have a weird feeling it'll hit $400 before the middle of September then correct towards the end of September.

 

This is crypto. It's the only place where suggesting a jump from $373 to $400 in two days is a sound minded thought :P

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  • 1 month later...

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