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Author Topic: Soooo hard to invest in this?!  (Read 1359 times)
breel (OP)
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April 03, 2013, 08:31:06 PM
Last edit: April 04, 2013, 12:18:49 AM by breel
 #1

Hello,

I have been trying for days to transfer some Fiat into the crypto-currencies world, but it's been so hard/slow.

I started with Dwolla and lqpay in the end, but they are super slow to clear...
I could not find any easy and fast way to do so...
I am in US, so no SEPA wire possible... and US wires that take 4 days... that's too slow...

Am I missing anything?

Thanks!
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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justusranvier
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April 03, 2013, 08:32:27 PM
 #2

Bitfloor.
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April 03, 2013, 08:48:16 PM
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Bitfloor.
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April 03, 2013, 08:51:30 PM
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coinbase is pretty solid, haven't had any issues there
breel (OP)
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April 04, 2013, 12:27:04 AM
 #5

Thanks gents!

I just looked at both and this is my understanding:
- With bitfloor cash at Bank Of America seems like a good deal, I have one in front on my place, and one in front of my work. It's still annoying to not be able to do it from my computer/phone.
   >   If my understanding is correct, is it better than bitinstant with cash as well?
- with coinbase, it looks it is a wire, so again another 4 days no?

Thanks again!
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April 04, 2013, 12:30:24 AM
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Coinbase takes a few days to go through, they do an ACH transfer not a wire.  Once you buy it's locked in, you just don't get the coins for a few days.
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April 04, 2013, 12:32:07 AM
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Do you mean that the order is placed even if the funds are on the way?
If so, how does it work for the sellers? when do they get the funds?

Thank you!
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April 04, 2013, 11:08:16 AM
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If you want coins right away without any hassle, and will pay a 3%-6% fee on top of your buy to get that, create a blockchain.info wallet and purchase coins directly from them.  Their transfers are about as instant and simple as you'll find anywhere and a decent way to get your first coins.

https://blockchain.info/wallet/deposit-methods


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