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1  Economy / Trading Discussion / Arbitrage? Buy low at coinbase; sell high at localbitcoins (or others) on: August 09, 2013, 02:53:55 AM
Yeah on coinbase you gonna wait for about 1 week.

But still, you buy 1 btc with ~$97 at coinbase, and you can sell for ~$106 (easily) at localcoins. That's about 10% reward.

So if I got $700, I can buy 1btc each day at coinbase, and do that for a week. Then starting next week, the btcs will sequentially arrive. On each day I trade that coins immediately on localcoins, and immediately use that money to buy coins from coinbase again, and repeat this process. Then each week I will get about $70 back. And remember, you can always use the extra $70 and re-invest. So eventually your money will grow exponentially.   

Somebody may argue that, money from localcoins may not be immediately usable to buy coins again. That might be true, like paypal for example. But I just need to prepare $1000 and extend my periodic trading to 10 days/period.

Isn't this too obvious? Any thoughts on that?
2  Economy / Currency exchange / [WTS] Sell $100 MtGox USD for 1 BTC on: August 08, 2013, 03:27:42 AM
Not sure how to get the MtGox USD out. So I actually need instructions...

I can send first to established users.
3  Other / Beginners & Help / Re: What is the best way to change bitcoin into cash??? on: August 04, 2013, 03:36:17 AM
Definitely look into localbitcoins.com.

Where are you located?  If you are anywhere near Chicago, I might be willing to meet up with you and give you cash for the bitcoins.

If you aren't near Chicago, I may be willing to send you cash in the mail (or a U.S. postal money order that you can cash at most banks and any U.S. post office) in exchange for you sending me the bitcoins.

Any of those methods is likely to be faster and possibly cheaper than trying to exchange at MtGox and then withdraw the cash.

Not in Chicago, but will keep in touch. You do escrow? Do you have a site that shows more details like exchange rate, etc?
4  Other / Beginners & Help / Re: What is the best way to change bitcoin into cash??? on: August 03, 2013, 03:07:15 PM
1.sell them at mtgox.
2.sell them at btc-e.
3.sell tem at bitstamp.
4.sell them at bitcoin.de

I know how to sell them. But the question is how to transfer it to your local bank account with minimum fee?
5  Other / Beginners & Help / What is the best way to change bitcoin into cash??? on: August 03, 2013, 02:02:24 PM
I have some bitcoins and now I want to change them into cash or money in my bank account. I located in US and I don't mind if it takes 2 or 3 weeks. I want to know in which way you don't have to pay ridiculously high fees.

I tried to use MtGox to transfer money to BOA, but both ends charge very high fees:
On MtGox side, since I have a US bank, I have to do 'international transfer', which I heard charges ~$40?
On BOA side, every international transfer charges $16 dollars.

So any suggestions on minimizing the fee, both on the ex-change side and the bank side? Thanks!

Or is there any smarter way such that you don't have to pay any fee? Again I don't care if it takes a long time.
6  Economy / Goods / Re: [WTS] Ray Ban Shades High Quality on: July 25, 2013, 09:50:50 PM
bump
7  Economy / Goods / Re: [WTS] Ray Ban Shades High Quality on: July 24, 2013, 01:58:21 AM
bump
8  Economy / Goods / Re: [WTS] Ray Ban Shades High Quality on: July 14, 2013, 12:56:45 PM
Are they polarized?


Yes
9  Economy / Goods / Re: [WTS] Ray Ban Shades High Quality on: July 13, 2013, 02:17:00 PM
bump
10  Economy / Goods / Re: [WTS] Ray Ban Shades High Quality on: July 10, 2013, 04:52:41 AM
at least you are saying they are replicas not lying about it, thanks for that.

Thanks!
11  Economy / Goods / Re: [WTS] Ray Ban Shades High Quality on: July 08, 2013, 07:29:52 AM
bump
12  Economy / Goods / Re: [WTS] Ray Ban Shades High Quality on: July 07, 2013, 02:26:05 AM
bump
13  Economy / Goods / Re: [WTS] Ray Ban Shades High Quality on: July 05, 2013, 10:00:37 PM
bump
14  Other / Off-topic / Re: [HELP!] What should I do after being phished? on: July 04, 2013, 08:12:10 PM
The first thing you should do is remove the link to the phishing page?

I think the link is ok as long as you don't download the actual script... Or I may be wrong...
15  Other / Off-topic / [HELP!] What should I do after being phished? on: July 04, 2013, 07:30:46 PM
Follow up on the "5 coins Raffle scam".

I actually clicked on this link:

[Be cautious! This link is dangerous! Unless you are absolutely sure what you are doing please do NOT click on it]
http://rghost.net/47200539?r=1096  


and clicked the Trojan script.....

Now I'm thinking about re-install my whole operational system and change every single password I have...

Could anybody look into the script and see what it does? Or any general suggestions or help would be appreciated!!!

Big lesson from this  Angry
16  Economy / Scam Accusations / Re: Is it a total scam? The "5 Bitcoin Independence Day Raffle !" on: July 04, 2013, 07:23:40 PM
I hate to be a wet blanket, but ".5 btc bode rdeem@mtgox.com" looks like a description (of the key file?) ending in an email address, which, obviously will end in .com ... many Windows computers may confuse this to be an old "MS DOS" COM executable file..
if you forward the message/file to me I will take a look.. I'm on a Mac so I'm not worried about your silly virii & trojans.. (although i will still be careful  Roll Eyes  )

http://rghost.net/47200539?r=1096

Please tell me what is inside. I actually clicked on the program... really anxious right now...
17  Economy / Scam Accusations / Re: Is it a total scam? The "5 Bitcoin Independence Day Raffle !" on: July 04, 2013, 07:23:14 PM
Cool, can I get a copy of the alleged trojan? It would be interesting to look inside.

http://rghost.net/47200539?r=1096

Please tell me what is inside. I actually clicked on the program... really anxious right now...
18  Economy / Scam Accusations / Is it a total scam? The "5 Bitcoin Independence Day Raffle !" on: July 04, 2013, 02:11:22 PM
I believed a lot of guys posted on the "5 Bitcoin Independence Day Raffle !"
https://bitcointalk.org/index.php?topic=246400.msg2612378

I just received a PM this morning saying I win it. It says it's a private key. But I found out it is some MS-DOS program, which makes me cautious.

So does everyone received a PM like this? If you do please let me know.

I think the guy named 'legitnick' is a completely scam, so everyboy let's put a negative comment on his trust!
https://bitcointalk.org/index.php?action=profile;u=35697


Can anyone tell me what this little MS-DOS program (".5 btc bode rdeem@mtgox.com") is? Is a Trojans, virus or something? Does it put my wallet or private key in danger?

19  Economy / Goods / Re: [WTS] Ray Ban Shades High Quality on: July 04, 2013, 02:04:00 AM
bump
20  Economy / Goods / Re: [WTS] Ray Ban Shades High Quality on: July 03, 2013, 07:51:24 PM
Come on! Since when is it cool to sell COUNTERFEIT items on the forum? Huh

I'm a honest seller. I just want to sell good stuff with reasonable price. If the admin think it is not cool to list it here. I will remove the post immediately.

I want to protect credit and integrity of this community as much as everyone else does.
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