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+--- Thread: White House Market Announces Its Closing (/Thread-White-House-Market-Announces-Its-Closing)
White House Market Announces Its Closing - laininthewired - 10-01-2021
The following is taken from /u/mr_whites PGP signed message on Dread.
Code:
We have reached our goal and now, according to plan, it's
time to for us to retire.
Effective immediately user registration and ordering have
been disabled, everything else (yes, withdrawals included)
is working as usual.
We will keep the market online for a limited time until
open orders are finalized, disputes handled and coins
withdrawn. We don't know how long that will take but
don't expect to come back 6 months from now and find the
market up.
All market rules are still in effect so users (both
buyers and vendors) should not try to take advantage
of the situation and scam, the feedback system is still
working and will be shared with Recon and other markets.
Because this week's featured listings and stickies won't
generate any revenue vendors who paid for them will be
refunded via their market wallet.
Vendors can now advertise the markets where they operate
on their vendor profiles however direct contacts are still
disallowed.
For alternative markets check out /d/Superlist on Dread, the
ones listed there are established and going strong. Keep in mind
any market can disappear at any time and for what ever
reason (exit scam, law enforcement operation, hack, technical
issue and so on) but markets like Monopoly (true wallet-less,
direct deal) and Versus (enforced multisig) greatly minimize
damage. You can also give a chance to new markets, we all
have to start somewhere.
Thanks everybody for your business, trust, support and of
course for placing decent amounts of money in our pockets.
We may come back some time in the future with a different
project or we may not. Meanwhile be on the lookout for phishing
or copycats, if it's not signed by us it's not us.
Good luck and stay safe.RE: White House Market Announces Its Closing - mothered - 10-02-2021
Quote:On the bright side, they are exiting peacefully, giving enough warning for everyone's orders to finalize and allowing withdraws to stay open.That's very considerate of them.
Others In similar circumstances, tend to disappear Into the ether.
RE: White House Market Announces Its Closing - Dismas - 10-02-2021
(10-02-2021, 04:49 AM)mothered Wrote:Quote:On the bright side, they are exiting peacefully, giving enough warning for everyone's orders to finalize and allowing withdraws to stay open.That's very considerate of them.
Others In similar circumstances, tend to disappear Into the ether.
Given they could have taken the funds as a "retirement bonus", it's admirable they're letting people finish things up.
RE: White House Market Announces Its Closing - Boudica - 10-02-2021
It's also impressive that they are refunding adverts and whatnot. This seems very well planned and organised. I'm not familiar with the market myself, but this is a credit to their reputation should they open with a new project down the line.
RE: White House Market Announces Its Closing - mothered - 10-02-2021
(10-02-2021, 06:35 AM)Dismas Wrote:People of this kind, are few and far between.(10-02-2021, 04:49 AM)mothered Wrote:Quote:On the bright side, they are exiting peacefully, giving enough warning for everyone's orders to finalize and allowing withdraws to stay open.That's very considerate of them.
Others In similar circumstances, tend to disappear Into the ether.
Given they could have taken the funds as a "retirement bonus", it's admirable they're letting people finish things up.
Not many have their user's best Interests at heart.
RE: White House Market Announces Its Closing - laininthewired - 10-02-2021
(10-02-2021, 09:59 AM)Boudica Wrote: It's also impressive that they are refunding adverts and whatnot. This seems very well planned and organised. I'm not familiar with the market myself, but this is a credit to their reputation should they open with a new project down the line.Honestly I think mr_white will disappear completely after this. Not only does he have an insane amount of money (5% flat fee on every purchase made on the market) but the markets are changing rapidly as we speak. Alphabay came under a new name, Televend has been compromised by Swiss police, multiple distributors being busted, I think the WHM team all took this as a sign that they should retire. It will be interesting seeing WHM users (with how sheltered they were with their clean GUI and heavily regulated market) flock to more lawless markets like Dark0de. Cryptocurrency prices will also be interesting to watch for the next coming 2 weeks.
RE: White House Market Announces Its Closing - laininthewired - 10-21-2024
(10-02-2021, 04:40 PM)ballsinmyface445 Wrote:(10-02-2021, 09:59 AM)Boudica Wrote: It's also impressive that they are refunding adverts and whatnot. This seems very well planned and organised. I'm not familiar with the market myself, but this is a credit to their reputation should they open with a new project down the line.Honestly I think mr_white will disappear completely after this. Not only does he have an insane amount of money (5% flat fee on every purchase made on the market) but the markets are changing rapidly as we speak. Alphabay came under a new name, Televend has been compromised by Swiss police, multiple distributors being busted, I think the WHM team all took this as a sign that they should retire. It will be interesting seeing WHM users (with how sheltered they were with their clean GUI and heavily regulated market) flock to more lawless markets like Dark0de. Cryptocurrency prices will also be interesting to watch for the next coming 2 weeks.
looking back, the same admins opened a new market called DrugHub
the feds should look into giving me a job...