MPEx paid accounts

Thursday, 31 January, Year 5 d.Tr. | Author: Mircea Popescu


kakobreklaa New year breaks the line about. Quite insane
mircea_popescu kakobreklaa mpex new accts looks similar.
kakobreklaa chart it.


The blue bar adds up BTC paid for new MPEx accounts. It goes from 0 to 3490. The red bar shows the lowest possible number of users that would reflect (if everyone getting a new account would be paying the maximum fee). It goes from 0 to 139. The yellow bar shows the highest possible number of users that would reflect (if everyone getting a new account would be paying the minimum fee). It goes from 0 to 190.

The graph goes from April 2012 (1) to January 2013 (10). The fee was 20 BTC until October 2012, when it was changed to 30 BTC. In August 2012 the referral system was introduced (5 BTC rebate to both referrer and referred, thus making the possible fee ranges 10-20 up until October and 20-30 from there on).

None of this accounts for the users that obtained free accounts during the beta period (February to April 2012) nor does it account for the people sending their signature and thereupon discovering that they also have to pay a fee, or to quote

You charge a $540 set up fee!!! What the hell have you been smoking?

You can forget it.

At any rate, the MPEx curve actually has two breaking points, one July-August, one December-January. Personally I'm hopping to see two or three more, but in fact even if it's all smooth from here on we're golden.i

  1. Yes, the numbers are saying that MPEx has already taken more in sign-up fees than the gross income of any other exchange, alive or dead, with the exception of MtGox. []
Category: MPEx
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8 Responses

  1. Robert Lee`s avatar
    Robert Lee 
    Monday, 9 February 2015

    How do i contact Mircea Popescu to get listed on his (MPEx) exchange?
    thank you

  2. Mircea Popescu`s avatar
    Mircea Popescu 
    Monday, 9 February 2015

    You probably want How does one list on MPEx ? first. Then join #bitcoin-assets (link in toolbar to the right).

  3. how's that going for you buddy?

  4. Mircea Popescu`s avatar
    Mircea Popescu 
    Wednesday, 3 April 2019

    Well enough.

  5. I think I had some leftover btc on Mpex, and the website seems gone now. Any way I can still get it back? I should have my pgp key somewhere, but the office@... email no longer works.

  6. nvm, noticed that the website addr switched to from :) now I’m going to dig through the old latops to find the key :)

  7. Mircea Popescu`s avatar
    Mircea Popescu 
    Thursday, 21 January 2021

    Lmao! Don't tell me, let me guess. You saw something on "the news", and figured "hey... who knows, maybe I made money while I slept ?!?!?!". I mean, worth a try anyways, rite.

    Something like that ? How close am I ?

  1. [...] most recent, second increase in new MPEx account registrations is not without its [...]

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