Bitcoin Forum
April 19, 2024, 01:43:14 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Tesco UK GBP £100 gift card for Gox +7%  (Read 649 times)
jago25_98 (OP)
Hero Member
*****
Offline Offline

Activity: 900
Merit: 1000


Crypto Geek


View Profile WWW
August 29, 2012, 11:46:43 AM
 #1

Mt.Gox GBP spot rate + 7% @ time of transfer for ~6 confirmations.

Postage has to be recorded to a UK address.
Special delivery is currently £5.90.
2nd class recorded is currently £1.45 but you only have £46 insurance with that.

i.e. today £100 = £107 for the fee, £112.90 for the insured postage x 7.1011 Gox rate =  15.7722043064 BTC

Also, I reserve the right to withdraw the offer and reverse in the event of wild rate swings >30%

Tesco sell all sorts of things and everyone's got to eat so I hope this is a helpful cashout option now for UK people, especially with Intersango in flux & ID requirements and charges from Gox.

 -j

Bitcoiner since the early days. Crypto YouTube Channel: Trading Nomads | Analyst | News Reporter | Bitcoin Hodler | Support Freedom of Speech!
1713534194
Hero Member
*
Offline Offline

Posts: 1713534194

View Profile Personal Message (Offline)

Ignore
1713534194
Reply with quote  #2

1713534194
Report to moderator
1713534194
Hero Member
*
Offline Offline

Posts: 1713534194

View Profile Personal Message (Offline)

Ignore
1713534194
Reply with quote  #2

1713534194
Report to moderator
1713534194
Hero Member
*
Offline Offline

Posts: 1713534194

View Profile Personal Message (Offline)

Ignore
1713534194
Reply with quote  #2

1713534194
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713534194
Hero Member
*
Offline Offline

Posts: 1713534194

View Profile Personal Message (Offline)

Ignore
1713534194
Reply with quote  #2

1713534194
Report to moderator
1713534194
Hero Member
*
Offline Offline

Posts: 1713534194

View Profile Personal Message (Offline)

Ignore
1713534194
Reply with quote  #2

1713534194
Report to moderator
Shadow383
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


View Profile
August 29, 2012, 12:02:07 PM
 #2

Mt.Gox GBP spot rate + 7% @ time of transfer for ~6 confirmations.

Postage has to be recorded to a UK address.
Special delivery is currently £5.90.
2nd class recorded is currently £1.45 but you only have £46 insurance with that.

i.e. today £100 = £107 for the fee, £112.90 for the insured postage x 7.1011 Gox rate =  15.7722043064 BTC

Also, I reserve the right to withdraw the offer and reverse in the event of wild rate swings >30%

Tesco sell all sorts of things and everyone's got to eat so I hope this is a helpful cashout option now for UK people, especially with Intersango in flux & ID requirements and charges from Gox.

 -j

I'd be interested, I'd love to do my weekly shop with my BTC, but 7% (well, 8-12% with shipping) is a bit high when soon I can just pay with my bitinstant mastercard for less...
jago25_98 (OP)
Hero Member
*****
Offline Offline

Activity: 900
Merit: 1000


Crypto Geek


View Profile WWW
August 29, 2012, 12:28:40 PM
 #3

The feedback is good. I think it's a fair point. 7% isn't ideal but I think it could be reliable and the best option we have right now?

 I'm skeptical of the Bitinstant card. Will it come to pass and will it remain available?
 I had held out for the ArumXchange card that was similar and it ended up getting closed before I had a chance to even test it. I ended up ~£30 down on that anyway.

 I figured I don't think I'd want the risk for much less unless I was doing it in a charitable way to help people out.

Bitcoiner since the early days. Crypto YouTube Channel: Trading Nomads | Analyst | News Reporter | Bitcoin Hodler | Support Freedom of Speech!
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!