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Author Topic: best alternative to mtgox for usd right now?  (Read 2185 times)
paulie_w (OP)
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March 10, 2013, 01:55:24 PM
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so if i want to trade usd for bitcoin and send via a us bank ($5K - $15K), how best to do it? it seems that gox has fallen apart now, what's the best alternative? bitfloor?
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.m.
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March 10, 2013, 06:23:53 PM
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I was crawling the forum as a requirement for newbies - I saw couple times mentioned Intersango.
No experience with them but I can tell - MT.GOX does not rush to send/receive funds.
But finally (even though they did a conversion against expressed "do not convert") funds received and finally (took 12 days to sent 400 EUR over 200km within Eurozone) funds received back on my account. September 2012.

I am still waiting to see my BTC on MT.GOX - they probably need more than an hour to process 6 BTC - update :
After 70 minutes I can see my BTC arrived - wohooo - my first btc trade Smiley sold 6 btc @ 46.5050 usd (seems like fee is 0.6%).

May be they are not that bad after all Wink


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Stephen Gornick
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March 11, 2013, 06:48:21 AM
 #3

so if i want to trade usd for bitcoin and send via a us bank ($5K - $15K), how best to do it? it seems that gox has fallen apart now, what's the best alternative? bitfloor?

Mt. Gox hasn't "fallen apart", but for amounts you are describing they do require that you verify your identity and stay within daily withdrawal limits.
 - https://support.mtgox.com/entries/20919111-AML-Account-Statuses

At that buying level you might consider a bulk seller, which would include BitcoinsDirect.com -- however they aren't currently accepting more new buyers just now.

BITSTAMP has liquidity at that level, and accepts USD international wire transfers as well.  Others take USD International wire as well, like Bitcoin-24.com (at least not for their BTC/USD market), Bitme, and more but they don't have liquidity anywhere near what you are looking for:
 - https://en.bitcoin.it/wiki/Buying_bitcoins

There are individual traders who either can do this deal or could coordinate with others to do a trade of this size.  Knowing your location (e.g., State or metro area) might incent someone near enough to contact you.

Maybe there's some other method you'ld want to consider as well:
 - http://en.bitcoin.it/wiki/Buying_bitcoins

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MPOE-PR
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March 12, 2013, 01:16:06 AM
 #4

so if i want to trade usd for bitcoin and send via a us bank ($5K - $15K), how best to do it? it seems that gox has fallen apart now, what's the best alternative? bitfloor?

OTC, no argument about it. Also might try out Death & Taxes' service.

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March 12, 2013, 02:27:23 PM
 #5

I like bitcoin24 because trading if free. Smiley would be great to see more USD.
We have heaps of EURO traders but would be good to see more US.


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April 07, 2013, 12:47:12 PM
 #6

I like bitcoin24 because trading if free. Smiley would be great to see more USD.
We have heaps of EURO traders but would be good to see more US.



I'm gonna put ~2 BTC in there and trade a bit. I'm looking for something a little more stable than Gox Smiley
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April 08, 2013, 12:38:46 AM
 #7

so if i want to trade usd for bitcoin and send via a us bank ($5K - $15K), how best to do it? it seems that gox has fallen apart now, what's the best alternative? bitfloor?

I'm a big fan of Bitfloor. I've never made a USD deposit there though.

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April 08, 2013, 12:43:50 AM
 #8

I'm mostly using bitcoin-24.com, no fees and overall great performance.
TimJBenham
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April 18, 2013, 01:29:08 AM
 #9

So Bitfloor and bitcoin-24 are the best alternatives. MMmm kay.

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Moebius327
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April 18, 2013, 01:49:03 AM
 #10

So Bitfloor and bitcoin-24 are the best alternatives. MMmm kay.



+1

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