Slab Squathrust
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April 12, 2013, 04:02:23 AM |
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To be fair... Show of hands, how many of you here were looking at $260 prices, and wishing you could buy cheaper coins? I was perfectly happy with prices under 100. The run up from $40 to $250 never felt right to me.
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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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lophie
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April 12, 2013, 04:02:59 AM |
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To be fair... Show of hands, how many of you here were looking at $260 prices, and wishing you could buy cheaper coins? guilty!
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Will take me a while to climb up again, But where is a will, there is a way...
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Sitarow
Legendary
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Activity: 1792
Merit: 1047
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April 12, 2013, 04:03:42 AM |
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You can add Cavirtex.com to that list. These guys AKA Jacob works hard and long, his fees are wild, I think I started at like 3 or 3.5%. I've traded over 1100 BTC on there in the last 2 months so I am now on the 1.5% tear about to drop to 1%. Anyways, if you dont mind paying the fees its a real good option. Once you break that 2500 BTC 120 day Volume your fees are good. And they also had an IPO.
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Sitarow
Legendary
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Activity: 1792
Merit: 1047
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April 12, 2013, 04:07:21 AM |
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To be fair... Show of hands, how many of you here were looking at $260 prices, and wishing you could buy cheaper coins? I managed to get a few more people into Bitcoin. Now that the price is lower it makes adoption a little more palatable. Consulting can be difficult but one on one training is the best for adoption. I find it works best when I work with people directly on this topic.
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viajero
Member
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Activity: 110
Merit: 10
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April 12, 2013, 05:42:18 AM |
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and up again. 10s lag.... the story continues....
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Nagle
Legendary
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Activity: 1204
Merit: 1000
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April 12, 2013, 05:56:23 AM |
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Why is anyone still even trying to trade there, just move to one of the other 8 big ones.
Because most of them are currently down, running far behind, are showing prices way out of sync with other exchanges, or have a huge spread that blocks trading. btce and bitstamp look usable, but Bitstamp is at $70, Btce is at $80, and Mt. Gox is at $90. If you could get funds in and out of exchanges rapidly, you could make money on arbitrage. http://bitcoincharts.com/markets/currency/USD.html
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doobadoo (OP)
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April 12, 2013, 05:57:45 AM |
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over 40 confirms...no coins. GOX'd like a pro.
And WHY do i use them STILL. Cause i gots loot there and i'm verified fools. Gots to get that loot out, and i'm not going to buy high and wd it. i'm going sell coins if it goes up, buy em if/when it comes down. Then WD coin.
You see i had it all planned out, just like when i sold those pumpkin futures at a 52 week high towards the end of october. Thought this would be like a repeat, build my coin balance w/some smart trading, then w/d them in minutes to my client. You know how any reputable reliable exchange would work.
But what do you do when you can't get your fiat out of gox, and you can't get your coins in either?
Suck it up, smile and enjoy the Goxing, thats what i'm doing!
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"It is, quite honestly, the biggest challenge to central banking since Andrew Jackson." -evoorhees
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viajero
Member
Offline
Activity: 110
Merit: 10
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April 12, 2013, 06:08:06 AM |
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same here. 25+ confirmations, no coins....
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