jubalix
Legendary
Offline
Activity: 2632
Merit: 1023
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April 05, 2013, 12:41:27 AM |
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Also: For your security, you can only withdraw funds by the same method you used to deposit them into your OANDA account. If, as you quote Oanda, this remains true... And if, as Mageant posits: Maybe. There are tons of currencies on the converter that they don't offer on their platform though. I could maybe see them adding it as a deposit method. ...they add it as a deposit method: Then they become essentially an exchange for bears only. BTC in > convert to dollars > wait for price to go down > convert back and withdraw BTC. Makes no sense. If they accept BTC in any way, they are almost forced to provide a full exchange - or lose money on fees buying the BTC to pay out. Am I missing something? Can't you buy BTC as well then on Oanda when this goes live
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BTC Books
Member
Offline
Activity: 84
Merit: 10
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April 05, 2013, 02:49:40 AM |
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Also: For your security, you can only withdraw funds by the same method you used to deposit them into your OANDA account. If, as you quote Oanda, this remains true... And if, as Mageant posits: Maybe. There are tons of currencies on the converter that they don't offer on their platform though. I could maybe see them adding it as a deposit method. ...they add it as a deposit method: Then they become essentially an exchange for bears only. BTC in > convert to dollars > wait for price to go down > convert back and withdraw BTC. Makes no sense. If they accept BTC in any way, they are almost forced to provide a full exchange - or lose money on fees buying the BTC to pay out. Am I missing something? Can't you buy BTC as well then on Oanda when this goes live If it goes live, yes - but if you originally deposit in USD, then that's how you have to withdraw: in USD. Not a lot of bulls will want that - I certainly wouldn't - and the time and transaction fees spent putting your fiat somewhere else so you could buy BTC with them would seriously hurt the bottom line. So it would look like: USD in > buy BTC > cash out in USD when exchange rate goes up > send USD somewhere else to buy BTC > withdraw BTC No thanks.
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Dankedan: price seems low, time to sell I think...
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jubalix
Legendary
Offline
Activity: 2632
Merit: 1023
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April 05, 2013, 04:18:43 AM |
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Also: For your security, you can only withdraw funds by the same method you used to deposit them into your OANDA account. If, as you quote Oanda, this remains true... And if, as Mageant posits: Maybe. There are tons of currencies on the converter that they don't offer on their platform though. I could maybe see them adding it as a deposit method. ...they add it as a deposit method: Then they become essentially an exchange for bears only. BTC in > convert to dollars > wait for price to go down > convert back and withdraw BTC. Makes no sense. If they accept BTC in any way, they are almost forced to provide a full exchange - or lose money on fees buying the BTC to pay out. Am I missing something? Can't you buy BTC as well then on Oanda when this goes live If it goes live, yes - but if you originally deposit in USD, then that's how you have to withdraw: in USD. Not a lot of bulls will want that - I certainly wouldn't - and the time and transaction fees spent putting your fiat somewhere else so you could buy BTC with them would seriously hurt the bottom line. So it would look like: USD in > buy BTC > cash out in USD when exchange rate goes up > send USD somewhere else to buy BTC > withdraw BTC No thanks. but cant they send BTC >>> and exchange out through GOX BTC is not covered by such regulations and you would not be withdrawing USD either so its ok
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mc_lovin
Legendary
Offline
Activity: 1190
Merit: 1000
www.bitcointrading.com
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April 12, 2013, 06:11:54 PM |
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....aaaaand it's gone?
Did Oanda take it down?
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EndTheFed321
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April 12, 2013, 07:24:06 PM |
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To good to be true No BTC on Onanda
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BTC Books
Member
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Activity: 84
Merit: 10
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April 22, 2013, 06:19:44 PM |
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Feedback? From your blog linked in the parent: Despite the increased awareness around the cyber currency, OANDA has no plans at this time to introduce Bitcoin as a tradeable currency to OANDA’s fxTrade platform, or to accept Bitcoin as a method for funding fxTrade accounts. By adding Bitcoin to our Currency Converter, we are acknowledging – in a very real way – the wide-ranging interest Bitcoin has generated as a virtual payment system. Some people get in the swimming pool one careful, shuddering toe at a time. Some people just jump the hell in. Failure is always an option, but... ...which of those two types of people make the great fortunes of this world - and which become 'comfortable'? Eh. You pays yer money and you takes yer shot...
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Dankedan: price seems low, time to sell I think...
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DublinBrian
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April 22, 2013, 08:55:36 PM |
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Bitcoin is not showing up in the OANDA Currency Converter dropdown box for me right now. Im looking under "B". Am I doing something wrong?
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chris_oanda
Newbie
Offline
Activity: 3
Merit: 0
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April 22, 2013, 09:08:24 PM |
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Strange, it should be there. Do you mind clearing your cache? If that doesn't work, can you fill out http://www.oanda.com/site/contact/feedback? I'll reply and try to figure out why it's not showing up for you. Thanks! Chris
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DublinBrian
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April 22, 2013, 09:29:21 PM |
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I tried clearing cache. Still not showing bitcoin in dropdown box. Also I tried two different browsers Firefox and Chrome coming from two different IP numbers. Still not showing.
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metabyte
Member
Offline
Activity: 66
Merit: 10
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April 22, 2013, 11:04:13 PM |
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It is not showing for me either.
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jubalix
Legendary
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Activity: 2632
Merit: 1023
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April 23, 2013, 02:09:22 AM |
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I would love BTC on OANDA, I have used your platform over many years and its generally very good, and stable You can make a killing with gox which is at best a "part time" competitor..... as long as you let people transfer BTC out easily
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miernik
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April 27, 2013, 01:44:13 PM |
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Is it showing up for anyone right now?
Not working for me any time I try.
I created a ticket with OANDA Technical Support, and they are asking for operating system and browser, but before I reply them, lets see if its working for anyone at all?
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cbeast
Donator
Legendary
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Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
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April 27, 2013, 01:56:35 PM |
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http://www.oanda.com/currency/converter/ works for me. Using Mozilla Firefox on Win7.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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miernik
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April 27, 2013, 02:06:00 PM |
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Great. Is there anyone for whom it works who uses any kind of a GNU/Linux system?
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ghostshirt
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April 27, 2013, 10:19:32 PM |
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Great. Is there anyone for whom it works who uses any kind of a GNU/Linux system?
Works fine on Ubuntu 13.04 with Chrome.
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jubalix
Legendary
Offline
Activity: 2632
Merit: 1023
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April 27, 2013, 10:38:31 PM |
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The historical prices by graph are really wrong.....must be daily averaged? but even that seems wrong
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m3ta
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April 28, 2013, 12:08:05 AM |
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Selling 130.000 USD you get 1.00086 BTC Buying 130.000 USD you pay 1.00086 BTC
Warning: converter full of FAIL.
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roy7
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April 28, 2013, 12:12:03 AM |
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Just need one legitimate forex provider to start trading BTC and all of the other exchanges can go away.
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