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-   -   Bitcoins anyone? (https://www.revscene.net/forums/681292-bitcoins-anyone.html)

dna82 11-22-2013 01:17 PM

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

ursher 11-22-2013 02:03 PM

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?

lowside67 11-22-2013 02:09 PM

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...

lowside67 11-22-2013 02:11 PM

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

sh0n 11-23-2013 04:28 PM

Quote:

Originally Posted by lowside67 (Post 8367223)
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.

HonestTea 11-24-2013 10:50 PM

$819 BTC today, hmm..

VR6GTI 11-25-2013 08:40 AM

Quote:

Originally Posted by sh0n (Post 8368027)
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

lowside67 11-25-2013 08:48 AM

Quote:

Originally Posted by sh0n (Post 8368027)
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.

Hondaracer 11-25-2013 10:58 AM

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

lowside67 11-25-2013 11:06 AM

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.

BlackV62K2 11-25-2013 05:56 PM

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.

Hondaracer 11-25-2013 06:05 PM

Everything with cavirtex went smooth for me

Fuck coins gotta fall so I can get back in!
Posted via RS Mobile

BlackV62K2 11-25-2013 10:27 PM

What bitcoin wallet are most of you using?

ursher 11-26-2013 09:07 AM

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?

Hondaracer 11-26-2013 09:09 AM

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

lowside67 11-26-2013 09:12 AM

Quote:

Originally Posted by BlackV62K2 (Post 8369334)
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.

Hondaracer 11-26-2013 09:18 AM

That ATM is probably making a killing
Posted via RS Mobile

corollagtSr5 11-26-2013 09:34 AM

Anyone investing in asics?

lowside67 11-26-2013 09:41 AM

I would be really interested in knowing if that ATM does more taking money in or giving money out on average.

VR6GTI 11-26-2013 09:51 AM

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?

corollagtSr5 11-26-2013 09:56 AM

Looking at what lowside said, looks to be 10% above market price.

lowside67 11-26-2013 10:08 AM

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...

Presto 11-26-2013 10:26 AM

Crap... sold my LTC @ 14, this morning. Now, it's $18. :P

Hondaracer 11-26-2013 10:27 AM

$18 fuuuuuu
Posted via RS Mobile

lowside67 11-26-2013 10:35 AM

Sold at $16.50 this morning... oh well, I guess we shouldn't be greedy!


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