REVscene - Vancouver Automotive Forum


Welcome to the REVscene Automotive Forum forums.

Registration is Free!You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! The banners on the left side and below do not show for registered users!

If you have any problems with the registration process or your account login, please contact contact us.


Go Back   REVscene Automotive Forum > Automotive Chat > Vancouver Off-Topic / Current Events

Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

Reply
 
Thread Tools
Old 11-22-2013, 01:17 PM   #201
14 dolla balla aint got nothing on me!
 
dna82's Avatar
 
Join Date: Jun 2005
Location: pew pew lazer
Posts: 663
Thanked 20 Times in 15 Posts
I can arbitrage with btc/cdn/rmb. Getting a good supply of btc is harder then it looks. Wire transfers are too long.
Posted via RS Mobile
Advertisement
dna82 is offline   Reply With Quote
Old 11-22-2013, 02:03 PM   #202
Captain Happy Bubble is my Homeboy
 
Join Date: Jan 2005
Location: vancity
Posts: 307
Thanked 527 Times in 56 Posts
Isn't it just easier to go to Waves bitcoin atm and put in some cash and get some bitcoins, transfer them to your wallet? or am I missing something here? Are there huge fees?
ursher is offline   Reply With Quote
Old 11-22-2013, 02:09 PM   #203
Old School RS
 
lowside67's Avatar
 
Join Date: May 2004
Location: Port Moody
Posts: 4,549
Thanked 3,926 Times in 1,196 Posts
There is nothing stopping you from doing that, except if your whole interest in trading is to take advantage of arbitrage between exchanges in which case buying in at the most inflated price of any exchange out there is going to make that awfully hard...
__________________
I'm old now - boring street cars and sweet race cars.
lowside67 is offline   Reply With Quote
Old 11-22-2013, 02:11 PM   #204
Old School RS
 
lowside67's Avatar
 
Join Date: May 2004
Location: Port Moody
Posts: 4,549
Thanked 3,926 Times in 1,196 Posts
Everybody is abuzz as the largest transaction ever recorded was just done, approximately 200,000 bit coins valued at over $700 each at this point = over $140 MILLION in one shot.

https://blockchain.info/tx/1746d7d24...d0aaca7b208ca9

This is the tree chart... keep clicking the orange ones to see where the money went to:

https://blockchain.info/tree/98329348

Some theorize it might be Richard Branson… the transfer originated in the UK and Virgin just announced they will accept Bitcoins for their new space travel program along with Branson publicly supporting Bitcoin investment… you can’t make this stuff up!

Flying to space? Richard Branson's Virgin Galactic now accepting Bitcoin | CTV News
__________________
I'm old now - boring street cars and sweet race cars.
lowside67 is offline   Reply With Quote
Old 11-23-2013, 04:28 PM   #205
I bringith the lowerballerith
 
Join Date: Mar 2002
Location: Vancouver
Posts: 1,103
Thanked 107 Times in 60 Posts
Quote:
Originally Posted by lowside67 View Post
Just as an update... they credited my USD that I wired Tuesday afternoon to my BTC-E account overnight last night. However, when I went to withdraw to another exchange, it says there is a 30 day hold on all wire transfers. I can trade with it in and out of BTC, but can't leave the exchange. However, they've said that if we upload ID we can decrease this time.
Did you use the exact instructions from the btc-e deposit tab?

Says min deposit is $2000 now.

What was the fee that was charged? (Your bank and btc-e's bank)?

Seems like getting money onto BTC-E is hard.
__________________
ATTACK
sh0n is offline   Reply With Quote
Old 11-24-2013, 10:50 PM   #206
2013, 2016, 2017 & 2018 NHL Fantasy RS1 Champion
 
HonestTea's Avatar
 
Join Date: Aug 2005
Location: Vancouver
Posts: 6,950
Thanked 1,239 Times in 571 Posts
$819 BTC today, hmm..

Last edited by HonestTea; 11-25-2013 at 01:55 PM.
HonestTea is offline   Reply With Quote
Old 11-25-2013, 08:40 AM   #207
My dinner reheated before my turbo spooled
 
Join Date: Oct 2002
Location: vancouver
Posts: 1,765
Thanked 640 Times in 242 Posts
Quote:
Originally Posted by sh0n View Post
Did you use the exact instructions from the btc-e deposit tab?

Says min deposit is $2000 now.

What was the fee that was charged? (Your bank and btc-e's bank)?

Seems like getting money onto BTC-E is hard.
where does it say this?
https://btc-e.com/exchange
VR6GTI is offline   Reply With Quote
Old 11-25-2013, 08:48 AM   #208
Old School RS
 
lowside67's Avatar
 
Join Date: May 2004
Location: Port Moody
Posts: 4,549
Thanked 3,926 Times in 1,196 Posts
Quote:
Originally Posted by sh0n View Post
Did you use the exact instructions from the btc-e deposit tab?

Says min deposit is $2000 now.

What was the fee that was charged? (Your bank and btc-e's bank)?

Seems like getting money onto BTC-E is hard.
They changed the minimum from $500 to $2000 on Wednesday, right after I sent $1000. It also says 1% fee, minimum of $20, but they stole an extra $10 from me and credited $970usd to my account. It's there and I can trade with it, however, I still cannot withdraw it despite repeated attempts to communicate and having provided them with all documents they request. It's a well documented and extremely frustrating problem. At this point, we are ruling BTC-E out of our experiment and are looking into other alternatives.
__________________
I'm old now - boring street cars and sweet race cars.
lowside67 is offline   Reply With Quote
Old 11-25-2013, 10:58 AM   #209
I have named my kids VIC and VLS
 
Hondaracer's Avatar
 
Join Date: Oct 2001
Posts: 36,203
Thanked 14,195 Times in 5,577 Posts
So cavirtex only took 2.5 days to deposit my money via direct deposit, cashed out wed morning money came in Friday night, not bad!
Posted via RS Mobile
Hondaracer is offline   Reply With Quote
Old 11-25-2013, 11:06 AM   #210
Old School RS
 
lowside67's Avatar
 
Join Date: May 2004
Location: Port Moody
Posts: 4,549
Thanked 3,926 Times in 1,196 Posts
Agree, I have signed up for Cavirtex as well, the only problem with Cavirtex is their volume is very limited... we are trying to buy between 75 and 100 BTC per transaction and there isn't really sufficient volume to do so on Cavirtex.
__________________
I'm old now - boring street cars and sweet race cars.
lowside67 is offline   Reply With Quote
Old 11-25-2013, 05:56 PM   #211
I contribute to threads in the offtopic forum
 
BlackV62K2's Avatar
 
Join Date: Aug 2002
Location: Vancouver
Posts: 2,624
Thanked 623 Times in 257 Posts
Signed up for Cavirtex today. Anyone have any issues with lvl 2 verification?

Looking @ their fees, it rather high compared to other exchanges. Is it much of a difference just going to Waves and buying there compared to Cavirtex.

Btc-e seems to have the best rates but reading comments about how difficult to get funds to and from that exchange is making me stay away.
BlackV62K2 is offline   Reply With Quote
Old 11-25-2013, 06:05 PM   #212
I have named my kids VIC and VLS
 
Hondaracer's Avatar
 
Join Date: Oct 2001
Posts: 36,203
Thanked 14,195 Times in 5,577 Posts
Everything with cavirtex went smooth for me

Fuck coins gotta fall so I can get back in!
Posted via RS Mobile
Hondaracer is offline   Reply With Quote
Old 11-25-2013, 10:27 PM   #213
I contribute to threads in the offtopic forum
 
BlackV62K2's Avatar
 
Join Date: Aug 2002
Location: Vancouver
Posts: 2,624
Thanked 623 Times in 257 Posts
What bitcoin wallet are most of you using?
BlackV62K2 is offline   Reply With Quote
Old 11-26-2013, 09:07 AM   #214
Captain Happy Bubble is my Homeboy
 
Join Date: Jan 2005
Location: vancity
Posts: 307
Thanked 527 Times in 56 Posts
Can someone guide me through the process to buy ltc? I don't want to use btc-e since its $2000 min to deposit. Any other ways?
ursher is offline   Reply With Quote
Old 11-26-2013, 09:09 AM   #215
I have named my kids VIC and VLS
 
Hondaracer's Avatar
 
Join Date: Oct 2001
Posts: 36,203
Thanked 14,195 Times in 5,577 Posts
There's almost no way I've seen to just purchase LTC directly every way I've seen (which is accessible Canadians and not a sketchy Russian exchange) is buying BTC trading for LTC

Easiest way I'm sure is that waves ATM
Posted via RS Mobile
Hondaracer is offline   Reply With Quote
Old 11-26-2013, 09:12 AM   #216
Old School RS
 
lowside67's Avatar
 
Join Date: May 2004
Location: Port Moody
Posts: 4,549
Thanked 3,926 Times in 1,196 Posts
Quote:
Originally Posted by BlackV62K2 View Post
Signed up for Cavirtex today. Anyone have any issues with lvl 2 verification?

Looking @ their fees, it rather high compared to other exchanges. Is it much of a difference just going to Waves and buying there compared to Cavirtex.
There is a HUGE difference. On Sunday the rate to buy at the ATM was $915CDN vs $825 on Cavirtex.
__________________
I'm old now - boring street cars and sweet race cars.
lowside67 is offline   Reply With Quote
Old 11-26-2013, 09:18 AM   #217
I have named my kids VIC and VLS
 
Hondaracer's Avatar
 
Join Date: Oct 2001
Posts: 36,203
Thanked 14,195 Times in 5,577 Posts
That ATM is probably making a killing
Posted via RS Mobile
Hondaracer is offline   Reply With Quote
Old 11-26-2013, 09:34 AM   #218
Even when im right, revscene.net is still right!
 
corollagtSr5's Avatar
 
Join Date: May 2002
Location: vancouver
Posts: 2,179
Thanked 1,090 Times in 318 Posts
Anyone investing in asics?
corollagtSr5 is offline   Reply With Quote
Old 11-26-2013, 09:41 AM   #219
Old School RS
 
lowside67's Avatar
 
Join Date: May 2004
Location: Port Moody
Posts: 4,549
Thanked 3,926 Times in 1,196 Posts
I would be really interested in knowing if that ATM does more taking money in or giving money out on average.
__________________
I'm old now - boring street cars and sweet race cars.
lowside67 is offline   Reply With Quote
Old 11-26-2013, 09:51 AM   #220
My dinner reheated before my turbo spooled
 
Join Date: Oct 2002
Location: vancouver
Posts: 1,765
Thanked 640 Times in 242 Posts
how long is the lineup at the atm?
I read it took in 100k in the first week. So if you had purchased at $200 when the machine went in you could go back today and it would spit out $8-900? What are the fee's associated with the atm?
VR6GTI is offline   Reply With Quote
Old 11-26-2013, 09:56 AM   #221
Even when im right, revscene.net is still right!
 
corollagtSr5's Avatar
 
Join Date: May 2002
Location: vancouver
Posts: 2,179
Thanked 1,090 Times in 318 Posts
Looking at what lowside said, looks to be 10% above market price.
corollagtSr5 is offline   Reply With Quote
Old 11-26-2013, 10:08 AM   #222
Old School RS
 
lowside67's Avatar
 
Join Date: May 2004
Location: Port Moody
Posts: 4,549
Thanked 3,926 Times in 1,196 Posts
Not on the sell side.

On Sunday it sold bit coins at $915 CDN and bought them at $805... at that point you were getting about 8% under market...
__________________
I'm old now - boring street cars and sweet race cars.
lowside67 is offline   Reply With Quote
Old 11-26-2013, 10:26 AM   #223
Zombie Mod
 
Presto's Avatar
 
Join Date: Aug 2003
Location: Langley
Posts: 9,874
Thanked 5,163 Times in 1,548 Posts
Crap... sold my LTC @ 14, this morning. Now, it's $18. :P
__________________
Romans 10:9
Presto is offline   Reply With Quote
Old 11-26-2013, 10:27 AM   #224
I have named my kids VIC and VLS
 
Hondaracer's Avatar
 
Join Date: Oct 2001
Posts: 36,203
Thanked 14,195 Times in 5,577 Posts
$18 fuuuuuu
Posted via RS Mobile
Hondaracer is offline   Reply With Quote
Old 11-26-2013, 10:35 AM   #225
Old School RS
 
lowside67's Avatar
 
Join Date: May 2004
Location: Port Moody
Posts: 4,549
Thanked 3,926 Times in 1,196 Posts
Sold at $16.50 this morning... oh well, I guess we shouldn't be greedy!
__________________
I'm old now - boring street cars and sweet race cars.
lowside67 is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT -8. The time now is 02:36 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net