In light of bitinstant going down, for the first time ever, I purchased bitcoins through a NON-instant service.
As a result, I might be in a little trouble (as I worried might happen).
On Monday, I was in need of 2.1 BTC, so I purchased 2.6 BTC through Coinbase to prepare in case there was minor drop in value.
Just my luck, the price per unit has dropped $8-9 since my purchase, and I'm on thin ice.
Here comes the question: According to Coinbase, my BTC would be delivered by Friday, but I was hoping that Friday was a "worst case scenario" because in the past I have SOLD to Coinbase and they paid me 1 day prior to the day associated with the transaction.
Does coinbase ever deliver a little early? Or, Do they ever deliver LATE?
The estimated date is not always correct however most of the time it is. A couple of weeks ago I bought a few bitcoins from coinbase they ended up approving the purchase two days early. This week my purchase will take the exact amount of time estimated (11:30pm today). Luckily after today coinbase will have applied the instant function to my account so it's a non-issue here on out. If you need btc right away jump through the hoops coinbase sets in place for instant btc. Or go through virwox and pay hefty fee's. Your first virwox purchase will take 1-2 days to clear after that all purchases are instantly available however as stated the fees are a huge down side (something like 10% can't remember).
