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So you don't mean you lock in your price in seconds, but you actually get the BTC in seconds and Coinbase is willing to wait it out for your bank funds? I will email them.
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I like Coinbase but it takes so long to get your BTC. I thought CampBX+Dwolla would be faster but now I find that I can't pull money from my bank account directly into CampBX via Dwolla. I have to first deposit money from my bank account to Dwolla and then later pull those funds to CampBX from Dwolla. I don't think CampBX+Dwolla is any faster than Coinbase and with Coinbase you lock in your price right away. What is the advantage of CampBX over Coinbase?
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No idea, i am Europe based. Me too at the moment. Are all Bitstamp deposits/withdrawals made via wire transfer? They have an extremely low volume, which obviously makes manipulations easier. Can you tell me a little more about this? Are you saying if I want to buy BTC on campbx, there may be a long delay? |
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Gox is by far the biggest. Followed by Bitstamp that has roughly 1/4 of the volume. How is it making deposits and withdrawals to/from Bitstamp from a US account? Btce is not bad for trading but is a bitch when it comes to deposits and withdrawals. That only applies to fiat, correct? And CapBX, well not really anything to tell about them. Deposits and withdrawals to/from a US account look really easy there. They do a low volume? Does that mean slow buy/sell transactions? |
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Well that doesn't sound so bad. So my price is locked in as soon as I make the purchase even if it skyrockets over the 5-day transfer period? Can anyone else confirm this?
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It sounds like the best way (besides coinbase.com) for a US citizen to get into BTC is campbx funded via Dwolla. Then if I want to buy LTC I can transfer BTC from campbx to BTC-e and make the trade. Good plan? Any gotchas to watch out for?
Do campbx or Dwolla do any verification besides linking my bank account to Dwolla? I see that there's a 31-day holding period for 1st-time depositors in Dwolla which is fine.
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I made my first BTC purchase at coinbase.com and the 5-day delay after your funds are withdrawn but before the BTC purchase is made and the price is set leaves something to be desired. I'd like to start using a real exchange instead. I've created a BTC-e account but I don't see instructions anywhere about how to deposit funds into the account. How is that done?
Should I expect it to go like this?
1. deposit funds to my BTC-e account via wire transfer or another method
2. the funds appear in my BTC-e account within 1-2 days
3. trade the funds for BTC
4. withdraw the BTC to the wallet on my computer
How long do #3 and #4 take?
At which points does BTC-e charge a fee?
Does BTC-e require you to go through a verification process? If so, what do they verify?
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Weird, several people in another thread told me I would be able to back out in that situation and that Coinbase would give themselves the option to back out if the price went up.
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Real nice, thank you. Are those considered to be the big 4 exchanges? mtgox, bitstamp, btce, campbx?
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I made a small purchase on coinbase.com to test the waters. The price went down during the 5-day transfer period and I was not given the option to back out of the purchase. Is that normal?
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Are there exchanges which have a consistently low price on BTC? bitstamp.com has the lowest I've seen with $90.26 at the moment.
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If electrum doesn't download the blockchain, what data is it constantly transferring?
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I've switched to electrum which also doesn't need the full blockchain but I've noticed it still transfers data regularly. Does anyone know if there's a way to get a handle on the amount of data transferred? Stop it, limit it, or at least monitor it so I can see how much is being transferred overall?
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sadly, 99 percent of people still don't understand how the internet works Is this supposed to be me? It's BTC I don't understand. Once the client has established the wallet's balance, what data does it upload/download? |
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So bitcoin-qt takes part in the BTC network in some way when it's online? I thought it was just a wallet. Does electrum do this too? Are there any BTC apps that are just a wallet?
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Does anyone have an idea when Mt.Gox will resume USD withdrawals?
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Are there withdrawal fees for withdrawing in BTC/LTC?
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I won't need to go through a verification process to send BTC to BTC-e, trade it for LTC, and send the LTC to my offline wallet, will I?
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Does anyone think BTC will dip in the near-term or is it a good time to buy as an investment?
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