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Title: Starting Out Post by: formula382 on August 03, 2011, 08:29:06 PM i have some capitol to invest. I have been reading this whole week while on vacation. With allmof the recent events, can someone give me a list of the remaining trading houses/platforms that are recommended. What are the remaining trusted ways to store bitcoins, and to transfer USD to an account to purchase bitcoins.
Title: Re: Starting Out Post by: nmat on August 03, 2011, 08:59:59 PM Trust is very relative... :P
MtGox has 85% of the trading volume so if you want to trade frequently, that might be a point to consider. They got hacked a month ago and they recovered, but I don't know if the money was fully restored to users. There are also some complaints about their customer support... Tradehill is the second largest. I used it a couple of times and so far so good. They talk a lot here at the forums so it's easy to know what's going on. CampBX is recent and it's building up volume. They seem to be a serious and professional company with a great focus on security. They also plan to add advanced trading options, such as short selling, as soon as they get enough volume. Good customer support. There are more, but these are the ones I tried. As for getting dollars in/out I can't help you with that (I am European). Apparently most people use Dwolla because it only costs $0.25 per transaction, but Tradehill no longer accepts them. Most secure place to store bitcoins: in your PC disconnected from the Internet and locked up in a safe. I have most of my bitcoins at the exchanges because I trade frequently. I guess you have to trust them a little... Title: Re: Starting Out Post by: Ahimoth on August 03, 2011, 09:04:13 PM Mt.Gox and Dwolla are my current favorite. I can sell BTC, and have USD in my bank account in 2 days. I liked TradeHill, but the sudden lack of Dwolla support killed it for me. I don't see why they can't support withdraws from TH to Dwolla. I can understand the whole Dwolla to TH deposit issue where its kinda hard to verify that the dwolla account holder actually got the *object* they paid for. Which in this situation is a balance at an exchange.
Title: Re: Starting Out Post by: Neptune on August 03, 2011, 09:13:40 PM Im not so sure about Dwolla...something just doesn't feel right...
Title: Re: Starting Out Post by: gaboo08 on August 04, 2011, 01:50:32 AM I prefer TradHill but Mt.Gox is okay to use too. I do have a Dwolla account, but haven't used it yet. I believe it will ask me to verify my ID if I log back in, so I'm not going back.
Title: Re: Starting Out Post by: Peter-Jan Celis (BitFlow) on August 04, 2011, 03:26:13 AM To get an overview of the exchanges and their trading volumes, see www.bitcoincharts.com/markets
As you can see the most used exchanges are MtGox and TradeHill. BitFlow hopes to join their ranks soon. Title: Re: Starting Out Post by: tristian1980 on August 01, 2012, 06:29:39 PM You can check data avaliable on mtgox as well.
Title: Re: Starting Out Post by: PPoweredP on August 01, 2012, 07:31:29 PM I am starting out also. I am hoping to do a school project on alternative investments using GLBSE. I am interested in alternative ways to get bitcoins because I am not allowed to use actual dollars for my project. I think a short term bitcoin loan might be my best option. Anyone have any advice on that?
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