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Author Topic: How will CampBx allowing ACH deposits affect the price?  (Read 1566 times)
Elwar (OP)
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November 18, 2013, 08:49:45 PM
 #1

Ever since Dwolla stopped accepting CampBx I have stopped using them since I can only do things electronically.

So I have been stuck letting my paychecks accumulate for a while and now have $30k waiting to be able to go on an exchange. I look forward to the ACH capabilities of CampBx so I can start buying again.

Considering it takes about 2 days to transfer, I can see a boost starting on the 22nd (They start accepting ACH on the 20th).

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rampantparanoia
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November 18, 2013, 08:58:29 PM
 #2

Ever since Dwolla stopped accepting CampBx I have stopped using them since I can only do things electronically.

So I have been stuck letting my paychecks accumulate for a while and now have $30k waiting to be able to go on an exchange. I look forward to the ACH capabilities of CampBx so I can start buying again.

Considering it takes about 2 days to transfer, I can see a boost starting on the 22nd (They start accepting ACH on the 20th).

i think it will be good overall. as far as price, i'm not sure, but definitely when it comes to availability.

coinbase is great, but being stuck for days waiting for a transfer before purchasing again can be a hassle.
kokojie
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November 18, 2013, 10:21:23 PM
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campbx is too small to affect price.

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Elwar (OP)
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November 19, 2013, 09:38:25 AM
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I look forward to it, I've been stuck with dollars in my bank account and I would rather they were bitcoins.

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t3xasdolly
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November 19, 2013, 09:54:27 AM
 #5

campbx is too small to affect price.

Now, but with ACH deposits CampBx can grow really quick

colinistheman
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November 25, 2013, 02:57:48 PM
 #6

Ever since Dwolla stopped accepting CampBx I have stopped using them since I can only do things electronically.

So I have been stuck letting my paychecks accumulate for a while and now have $30k waiting to be able to go on an exchange. I look forward to the ACH capabilities of CampBx so I can start buying again.

Considering it takes about 2 days to transfer, I can see a boost starting on the 22nd (They start accepting ACH on the 20th).
I was wondering this exact same thing. I figured that the price would rise closer to other exchanges like mtgox and closer to the coinbase price. I figured arbitrage would narrow the price difference gap. And assuming this is what happened, then a profit could be made by immediately buying with ACH on the first day campbx offers it (or even using money orders BEFORE campbx allows ACH transfers), and then letting the price go up with all the arbitrage.



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