• Bitcoin Thread V.2 - I Wish I Sold At @ $220
    460 replies, posted
I'm not planning on staying on it for a while, I'm only planning on using it to make a little extra to spite this current drop before I buy back into LTC before it goes up again. According to gox's twitter LTC is still on the table to be traded with from them eventually so I know I want to have LTC ready for that, since even an official announcment that its coming at X date would easily double the value of it.
Shit, BTC is dropping in price and I have no way to sell my BTC. Fastcash4bitcoins doesn't appear to even buy bitcoins anymore and coin2pal is down until June 17th... Shit fuck. [editline]9th June 2013[/editline] Should I sell on Mt. Gox and just keep the money sit on the account? I can't figure out how to verify it. I could keep the money on there and wait until coin2pal is back and buy an equal amount of BTC then to sell.
Might as well hold on since I was too late [editline]9th June 2013[/editline] If anything, I'll just go to town on completely legal goods
TBH this just seems like a recession to me, it'll probably hit 120 at least again On another note FTC has been pretty profitable for me, not as much as I would have if I played my cards right (i.e. selling at .00135 instead of .00127) but considering I bought in around .00105 its working out really good and staying stable right now at around 122 (considering last night it was around 109). If I sell right now I make a $40 profit, which isn't too terrible. I might end up holding onto FTC longer than I thought though after checking out their forums and stuff. It seems to have a lot of growing support and its the 2nd most requested altcoin for MtGox to support, right behind LTC. I could easily see this over the months slowly stabilize and gain more attention to maybe being worth around half or so what LTC is worth.
[QUOTE=tristanguy2;40963363]Shit, BTC is dropping in price and I have no way to sell my BTC. Fastcash4bitcoins doesn't appear to even buy bitcoins anymore and coin2pal is down until June 17th... Shit fuck. [editline]9th June 2013[/editline] Should I sell on Mt. Gox and just keep the money sit on the account? I can't figure out how to verify it. I could keep the money on there and wait until coin2pal is back and buy an equal amount of BTC then to sell.[/QUOTE] I love people who panic sell. Also Mt.Gox will verify your crap when you throw a bank account on it and wait 2 months. Also I have a whole 0.11 btc from mining. Just waiting for the market to go back up, or hoping it'll hit rock bottom and I can start buying actual coins.
Verification is pointless now unless you are a high roller, simply because the only way to actually get money into and out of gox now is via a bank wire, which is fucking expensive as hell (likely a $20 fee total between Gox and the bank). Your other option is doing something like bitinstant but that doesn't require verification It was way more worth it when being verified meant that you were able use dwolla to get money in and out of Gox since it was practically free and rather quick by banking standards (2-3 days).
[QUOTE=tristanguy2;40963363]Shit, BTC is dropping in price and I have no way to sell my BTC. Fastcash4bitcoins doesn't appear to even buy bitcoins anymore and coin2pal is down until June 17th... Shit fuck. [editline]9th June 2013[/editline] Should I sell on Mt. Gox and just keep the money sit on the account? I can't figure out how to verify it. I could keep the money on there and wait until coin2pal is back and buy an equal amount of BTC then to sell.[/QUOTE] What about Coinbase? They have ACH support. [t]http://i.imgur.com/ZM4Bbke.png[/t] [editline]10th June 2013[/editline] You could use my Referral. <3 [url]https://coinbase.com/?r=50ae5ab799cb0f22b30001bf[/url]
I might sign up for coinbase then, how much are the fees for depositing? [editline]10th June 2013[/editline] Just checked, nevermind. This seems so much easier and better than gox, direct buying straight from the bank account. Why hasn't gox and other places done support like this? ACH is non-reversable so its not like I could dispute a charge taken from my checking (unless i did that charge through my checking account's debit card), so there's no risk of that. Plus only a 1% fee which is pretty small.
[QUOTE=Period;40976010]What about Coinbase? They have ACH support. [t]http://i.imgur.com/ZM4Bbke.png[/t] [editline]10th June 2013[/editline] You could use my Referral. <3 [url]https://coinbase.com/?r=50ae5ab799cb0f22b30001bf[/url][/QUOTE] I used your referral. How does this work? Do you just link your bank account with no verification? Fees? Trustworthy? Etc.
[QUOTE=tristanguy2;41004351]I used your referral. How does this work? Do you just link your bank account with no verification? Fees? Trustworthy? Etc.[/QUOTE] 1% fee as far as I know, but they always buy around market price. The price listed is what you will get. Add your ACH info to the site and buy or sell bitcoins, its pretty simple. To buy, I think there may be a 30 day cooldown before you can buy more, I've never tried. Its for verification purposes. As far as being trustworthy, their legal/privacy page is here: [url]https://coinbase.com/legal/privacy[/url] Oh, and Humble Bundle uses Coinbase for bitcoin payments, so that's something. Coinbase has been around for awhile now. Just don't keep money in it, I sell as soon as I get a few confirms.
So. MT gox and proof of residence. I serve in the military and live at home during free weekends and I really don't have any physical bills or similar that I could use to prove my residence. Can I still withdraw money without huge fees?
Coinbase seems to work great, all you need to do is verify a bank account. It says I'm supposed to get ~$45 deposited on June 21st. [editline]16th June 2013[/editline] 600th post :v:
So I have some money tied up in bitcoins, what's the safest and cheapest way of getting it out into a European bank account?
[QUOTE=chipset;41062550]So I have some money tied up in bitcoins, what's the safest and cheapest way of getting it out into a European bank account?[/QUOTE] Probably selling it on Bitstamp, since they have SEPA deposit/withdraw. Afaik SEPA is basically the same thing as ACH except for banks in europe.
I'm probably going to start mining litecoins what pool should I use?
God fucking damn it Can't remember my fucking wallet passphrase which doesn't make any fucking sense because there are literally only two or three different passwords I will ever use, and none of them are apparently valid. I literally cannot fathom why none of them are working because I would never set my password to something I don't know and already use or could never remember
Alert: MtGox confirmed LTC support in july, assuming things go smoothly. As such, the price of LTC is currently SKYROCKETING on BTC-E, so if you want some $$ buy in now before its too late.
Any reputable exchange for BQC?
bter.com but the price has been going down since it started trading like a month ago. Pretty safe to say bqc is dead.
Do you guys think its worth buying a BFL machine? By time mine would arrive the difficulty will probably shoot up and be too difficult. Eventually it will be unprofitable to have it running probably only runnable for a year. What do you guys think?
Price of Bitcoin has dipped down to $82 on Coinbase. Is it going to continue to plummet down to $70?
Bump, bitcoins are on the rise again it seems.
garry wtf my op [editline]21st July 2013[/editline] Welp, looks like garry removed table formatting altogether since it was rarely used and people were bugging the forums with it. I'll get around to redoing the OP eventually.
Thinking of buying one of these: [url]http://www.ebay.co.uk/itm/USB-Bitcoin-ASIC-Miner-Block-Erupter-335-MHash-/190877915796?pt=UK_Computing_Other_Computing_Networking&hash=item2c7135da94[/url] Is it worth it? According to a bitcoin mining calculator that would get me &#3647;0.45 every month. I personally would be happy about it earning &#3647;0.45 a month but im worried about how long it will stay at earning &#3647;0.45 a month. I know the BTC value rises and falls but im talking about the difficultly level? Any ideas? Thanks!
I'm a european, but whenever I try to verify my mtgox account all I get is "error: undefined" at the top of the page where I enter my info. [editline]19th August 2013[/editline] And my bank doesn't recognize the SWIFT-code for the bank that Bitstamp uses.
Aren't people doing Bitcoins anymore?
not really, its impossible to get them because you need a massive setup just to get a good income of btc. if you can do that then go for it but if you can't then you might as well just use regular money.
It's a shame no one has setup a bitcoin wallet service that allows GBP deposit here in Britain. They have it almost everywhere else apart from here. Buying bitcoins s in Britain is a little trivial. You have to go through this German banking system and then I assume the banks fuck you over with a transfer charge. God I'd love to live in USA. They actually embrace tech there
so I signed into my bitcoin account and miraculously it's still there. so I've made an ~80 profit and I live in australia. how do I exchange my coins? there seems like there is little to none bitcoin support here in aus. also bitcoins on the rise again?
[QUOTE=Chizbang;41960590]It's a shame no one has setup a bitcoin wallet service that allows GBP deposit here in Britain. They have it almost everywhere else apart from here. Buying bitcoins s in Britain is a little trivial. You have to go through this German banking system and then I assume the banks fuck you over with a transfer charge. God I'd love to live in USA. They actually embrace tech there[/QUOTE] A number of banks in the UK have banned transactions of any sort to Bitcoin Exchanges. One of the easiest ways (before April) to get bitcoins was to simply use TransferWise to make a bank deposit into Bitstamp however Barclays (the bank TransferWise used) banned transactions to a number of Bitcoin Exchanges.
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