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EMC has been down for over 5 hours now, so I guess under the new scoring system I loose all my rewards?
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Whats the deal against Freemasons? I am a Freemason and I mine BTC every day.
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Not exactly Swami...
You have to use Bitinstant as like a man-in-the-middle. You send BitInstant your Dwolla transfer, then you have to have Bitinstant send that money to Tradehill. You essentially add one more link in the chain that can break.
Or one more step between TradeHill and Dwolla. Dwolla caused problems in the past for TradeHill due to high fraud rates. By specialising in handling the deposits side of things, our partners at TradeHill can focus on the trading systems and not have to worry about dealing with fraud or the painful Dwolla API. MTGox still take 15 minutes or longer to take Dwolla payments - we do it in 1 minute (well, 57 seconds to be precise). We monitor our servers to verify performance metrics are reasonable so that we can stay to our guaranteed times and have an insane amount of automated systems to handle problems before a human need intervene. For me, funding my Mt.Gox account with Dwolla costs me a whopping $.25 no matter what the transaction amount. Those transaction happen fast enough for me to be happy, and not miss any market swings since I keep a fair amount in MT. Gox anyways. |
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Their FAQ page is also enough to make me question their seriousness as a viable business. It reads like something a high-schooler would put on their Facebook page: https://www.bitinstant.com/faqBombs going off in the datacenter? Magic? Laundering huge piles of money? Come on guys, lets get serious here. There are so many discrepencies with it, I highly question them: From their FAQ: How much is this "small" commission and what other charges are there?
It varies depending on the exchange, the payment method and risk factors but at the time of writing the highest is 10% and we expect to be able to reduce commissions as volume increases. Our system will on average try to add a maximum of 1% over our costs in providing the service but it must be understood that our costs do include the risk factors inherent in providing our service.
As for other charges - there aren't any. We don't do fixed fees at present and don't intend to, and there are no hidden charges - the fee you see includes any charged by payment providers and should be the total amount you can expect to pay. Some banks or card providers may impose their own fees in addition to those imposed by our payment providers and we regret we have no control over this. This means that when you make a transaction using our service and are provided with a figure for how much will be paid into your exchange account it will simply reflect the amount you wish to transfer minus our commission and will not include any bank charges. We apologise for not controlling the international banking system. But we can see on their pricing page, that they do indeed charge more than the 10% they state in their FAQ: https://www.bitinstant.com/feesIt clearly goes as high as 20.25% |
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Wow back to Dwolla?
I know, didn't they just stop using dwolla to fund accounts? We built a multi-tiered Dwolla verification system that initiates while you place a transaction, rooting out fraud. Previously when using Dwolla, transfers take between 1 hour and 2 days. Now, its instant with BitInstant! Once the instant verification approves, we move the USD over to your TradeHill account  I also would like to mention, the fees are INSANELY high for low value transactions!!! https://www.bitinstant.com/feesTheir fees can be as high as 20.25% for low USD amount transactions. |
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read my reply above... the simply added a third party in to handle the dwolla transactions. So, you now have to pay this third party a commision for them to accept your Dwolla, and then they send that money to Tradehill.
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Not exactly Swami...
You have to use Bitinstant as like a man-in-the-middle. You send BitInstant your Dwolla transfer, then you have to have Bitinstant send that money to Tradehill. You essentially add one more link in the chain that can break.
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Theres an 11.25% charge to send $20 when using Dwolla. Just wanted to throw this out there.
It would be cheaper to use Paxum, and just give Paxum your entire personal Identity.
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Its honestly a round-about way to use dwolla to fund the account. You end up paying alot more in fees. MT. Gox still accepts Dwolla directly, and it still only costs a flat rate of $.25 to fund my Mt. Gox account.
Sorry guys, but I dont think I will be using Bitinstant as a third party. It just adds to many hands into the mix of trying to get money into my exchange. IF theres anything we have learned from bitcoin, is that you should take all start-ups with a grain of salt, especially when it comes to ACH.
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Heres a power switch that has its own web interface that lets you control each power outlet individually. It has 4 outlets, and a LAN port for network. You just setup a port forward on your router to this device, and you can login to the power switch from outside the network (like from work, hotel, or a hotspot). Amazon.com is selling it for around $74, which I think is a great deal!! Heres the link: http://amzn.to/lhspnX |
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why do we need another forum, when we have the "official" forums here? Besides, you are spamming these forums with ads for your own forums, but you are requesting people to not post spam in your forums. WTH dude?
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As a miner, I would freaking hate forced payouts. I like being able to submit for payout whenever I want.
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Ive stopped using Tradehill and moved back to mt.gox and campbx. Theres to many other good and fully functioning exchanges that allow Dwolla withdrawals to be mucking about with Tradehill
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Step 1. Deposit $10,000 to Bitcoin Debit exchange.
Step 2. Exchange $10,000 into X Bitcoin.
Step 3. Tell bank the $10,000 was invalid, request refund.
Step 4. Take X Bitcoin wallet and spend however you want.
Yep, this is the exact reason you will never see an exchange that lets you fund your account in this manner. |
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We just solved a block from hell  Now, were are up to 60 to 70 GH/s and the pool is running great. Thanks to all the workers in the pool! |
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i am just wondering how long it will generally take tradehill to send out the 24 hour bank wire?
I understand 24 hours has not passed.
send the wire transfer the same day if we receive your request early enough, typically before 2PM EST. Your bank may take more time to credit your account.
Herp, derp. He has been offline with skype as well. I have emailed him today with no reply yet. Can anyone inform me if the 2pm is when he will send them out?
Wha...? Very good way to represent the UABB. Jeez. How do you expect people to take you seriously with posts like this Matthew? |
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Did something happen I haven't heard about yet?
BTC are only $11.55 right now! Almost $2 cheaper than yesterday.
Holy crap all this guy does is spread FUD! |
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Who the hell is the UABB and what authority do they have?
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I would recommend a Corsair 850 PSU. I am running 3 HD5850's and an HD5870 on my Corsair 850 without any problems at all. Its a very solid PSU. Amazon has them for about 134 bucks! Heres a link: http://amzn.to/o0VCiO |
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As of 7:50am (-5 GMT) Mt.Gox is trading about 15x the Tradehill volume. I am also no longer conducting trades at Tradehill after thier Dwolla debacle.
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