Hey guys!
Im new to Bitcoins. If I buy some Bitcoins on BitStamp and then later lets say the BTC value shoots up and I wanna sell, how long would it take to withdraw money to my UK bank account? (Im a UK citizen and the bank can be either Lloyds or Halifax)
If it takes a long time to complete the transaction, what if the BTC value drops dramaticly during the time of the transaction completion? When the transaction go through would I get the value of the BTCs at the time I sold the BTC or would it be the value at the time of the transaction completion?
Im also thinking of buying a Butterfly Labs 5Gh/s BTC miner. Think its worth it?
Thoughts?
Thanks guys!