Bitcoin Forum
May 23, 2024, 06:06:52 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: noob ? difference in purchase price and when it arrives in wallet  (Read 155 times)
Krismin (OP)
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
November 15, 2017, 10:03:42 AM
 #1

why the big difference between the price you buy and when it arrives in bitcoin wallet i.e. it was 0.1 BTC FOR 528.7gbp when arrival it was approx 485 for 0.1BTC all within 10 mins

Cheers
EXtremeAEX
Hero Member
*****
Offline Offline

Activity: 798
Merit: 503



View Profile
November 15, 2017, 10:12:00 AM
 #2

There could be several reasons for this, firstly, where did you buy your Bitcoins from? From a local trader, exchange site, or BTC bank? Some places charge a higher amount than what it is to earn profit, which you may have bought at a higher price.

Next, the price of Bitcoin may have dropped in the few hours that you check, so make sure you keep a record of the cost and date+time of when you bought it. It is always a good habit to keep a portfolio or logbook of your transactions so that you can refer back in the future. Smiley


                         ███████
                      ████    ████
                      ███       ███
                      ███       ███
                       ████   ███
                         ███████
               
         
        ██████████████                ██████████████
     ███████████████████         ████████████████████
   ███████████████████████████████████████████████████
 ████████████    ██████████████████████████    █████████
███████████                                     ███████                                 
████████████    ██████████████████████████    █████████ 
   █████████████████████████████████████████████████
        ███████████████              ███████████
                                     
      ██████████████                ██████████████
     ███████████████████         ████████████████████
   ███████████████████████████████████████████████████
 ████████████    ██████████████████████████    █████████
███████████                                     ███████                                 
████████████    ██████████████████████████    █████████ 
   █████████████████████████████████████████████████
        ███████████████              ███████████
AUDITCHAIN
.
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   ▀▀▀▀▀▀▀▀
.



.
.


.
READ OUR WHITEPAPER
.
YouTubeRedditLinkedInInstagramMedium
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
Krismin (OP)
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
November 15, 2017, 11:21:12 AM
 #3

bought in uk from bittylicious using bank transfer, it was all done very quick. so BTC never fluctuated that much. i think its down to the exchange as my wallet is using a different exchange rate. There is no set BTC/GBP rate.
asdlolciterquit
Hero Member
*****
Offline Offline

Activity: 1666
Merit: 565


View Profile
November 15, 2017, 11:34:52 AM
 #4

well, you have 0.1btc before and after. I think that this is what matter. Conversion in fiat version always rapidly change.
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!