2946
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Economy / Trading Discussion / Re: Crypto X Change - No More Wire Costs - Deposit & Withdraw any Currency $5 Now!
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on: January 31, 2012, 06:22:02 AM
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p.s Also noticed when trying to add a bank account that it insists on a Swift, Iban, or Routing code. Do I have to contact my bank to obtain this info and are all 3 required or just 1? Swift: every bank has this Iban: Europe only Routing number: Us only So if you're in Aus you should just need the swift code Yea cheers bud, my bank told me the same. Probably worth noting tho that in my case I had to enter the Swift code in ALL 3 fields to be able to proceed.
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2947
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Economy / Speculation / Re: [Daily Speculation Poll] :: The Bitcoin Trap
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on: January 31, 2012, 06:18:14 AM
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It’s even worse, man. Even I’m beginning to see it the same again. I can’t help it. The current situation is awful, even worse than it was 50 cents higher.
I agree. Anyone, look at the order book and tell me this is not denial. Then look at the recent trading history and try again. We didn't even have a full panic wave yet, I only saw two serious sells total. If indeed a bust is starting, this was just a little glimpse of what's ahead once the denial ends. This. This +1
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2949
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Economy / Trading Discussion / Re: Crypto X Change - No More Wire Costs - Deposit & Withdraw any Currency $5 Now!
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on: January 31, 2012, 02:59:58 AM
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Hi OldTimer,
Thank you for your kind words. We are working on a way to reduce our fees even further across the board, I know AU bank to bank is free except, we don't work like that with our Automation system and processing partners, and it's costing us $5 per transaction. In the way we are setup now there are legal reasons and benefits etc, as to why and how we have our banking setup. However we are hoping to get the fee much closer to what you mentioned even for our clients overseas and here locally, the more volume we do the lower our cost for each transfer will be.
Regards
Crypto X Change
Cheers, I also noticed spenbitcoins.com has raised their fee to transfer funds from $1 to $10!! So, looks like you might be the most viable option now for Aussie customers Also, had a look at your site and its quite impressive (once you login). Very nice, professional look about it. Looking forward to doing business with you. p.s Also noticed when trying to add a bank account that it insists on a Swift, Iban, or Routing code. Do I have to contact my bank to obtain this info and are all 3 required or just 1?
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2952
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Economy / Speculation / Re: inau's secret rocket
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on: January 30, 2012, 03:43:31 AM
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...i'm calling it this time. we're 'secretly' taking off. my call of the $5.50 low was a little off, but i did correctly identify a bottom. get ready...
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2954
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Economy / Speculation / Re: See that flashing * on bitcoinica
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on: January 28, 2012, 02:04:21 AM
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ppl who started long at 6 should buy more at this price to decrease their base price and on same time deposit more USD/BTC
Yea thats it keep feeding the monster until it turns round and bites you in the ass
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2957
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Economy / Speculation / Re: U changed me into a bear
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on: January 27, 2012, 11:23:15 AM
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Funny thing happened to me today: I turned from a bear back into a bull. It seems to me that new money is starting to trickle into bitcoin, possibly from the TV exposure, or perhaps it's just the Manipulator slyly buying back in. In either case, I think that anyone that sells at or below $5 is going to regret it in a few weeks.
I certainly agree that bitcoins aren't worth $2 right now, but speculation is not about just the current worth, but also the possible future worth, and on an arbitrarily long timeline. They might be a better deal next week at $4.X, and they might not - about all that's for sure is that bitcoins are significantly cheaper now than they were a week ago. Yes, I know the market is full of manipulation, but so is every other market - nothing new there. As the saying goes, "the market can stay irrational longer than you can stay solvent".
Yea but its all about people looking at what BTC will be worth longterm, & I agree, I think it will be worth a LOT more than whats its worth atm (I always have) but thats long term. In the meantime you have a lot of speculators trying to make a fast buck from its interim value (which isnt much).
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2959
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Economy / Speculation / Re: U changed me into a bear
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on: January 27, 2012, 10:26:44 AM
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Yup, go short & win honestly, I reckon BTC is worth about $2 atm I'd say it's worth less than $2 at the moment because I still can't pay for anything I use in my real life with it. It's about as useful as WOW gold to me. Enough speculating--- let's get busy on making ourselves more valuable so that we ourselves back it! Yea I wondered why one day I turned around & the value of BTC had jumped from $2 to $7. Then I found it was all because of Bitcoinica. Pure speculation with other people's money. It was (and is) a house of cards...
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