bitstamp - thank you

[alexuk]

pulled about $22k worth of coins out of gox, lost about 14% trading it from GBP into coins, then onto bitstamp back into USD.

but its worth it, was waiting over 2 months for the GBP funds.

Bitstamp just verified the withdrawl i made eariler, and i expect the cash in days, this alongside the other 30k ive done in the last 2 weeks everything has been timely and has worked so far.


THANK YOU for providing top quality service and support.

[ronaldlee0917]

They are providing really good services.
I feel that their support was really trying to help me, trying to solve my problems, as opposed to MtGox, who only gave me generic copy-and-paste-and-bye replies.

[SGExodus]

Just curious, what are you going to do with your cash that you are willing to suffer a 14% lost?

[OhShei8e]

pulled about $22k worth of coins out of gox, lost about 14% trading it from GBP into coins, then onto bitstamp back into USD.

but its worth it, was waiting over 2 months for the GBP funds.

Bitstamp just verified the withdrawl i made eariler, and i expect the cash in days, this alongside the other 30k ive done in the last 2 weeks everything has been timely and has worked so far.


THANK YOU for providing top quality service and support.

It is very likely that the price will rise in the next few weeks to $ 120-130. Anyone who have watched the market a little and a have little bit of experience, knows that. And if someone do not know, he or she can read a forecast for so little money: http://bitcoinbullbear.com/

But you take a 14% haircut instantly? You dealing with larger amounts but you have only little experience? Strange.

I had bought again on Gox coins at 105$. That was less than two weeks ago. If I wanted to sell it short-term, I would just wait until the price hits 105$ on Bitstamp. Was that not even in a short-tick the case?

Anyway, 14% is currently way too much and I do not think that an experienced trader would make such a rookie mistake. But I have read reports like yours a lot here in the recent weeks. Everyone seems to have taken the haircut with large amounts of money. I just wonder why? If I bought on Gox Bitcoins, I'm not forced to sell them immediately. Wait a week in the current market situation saves a lot of money.

[zeroblock]

pulled about $22k worth of coins out of gox, lost about 14% trading it from GBP into coins, then onto bitstamp back into USD.

but its worth it, was waiting over 2 months for the GBP funds.

Bitstamp just verified the withdrawl i made eariler, and i expect the cash in days, this alongside the other 30k ive done in the last 2 weeks everything has been timely and has worked so far.


THANK YOU for providing top quality service and support.

It is very likely that the price will rise in the next few weeks to $ 120-130. Anyone who have watched the market a little and a have little bit of experience, knows that. And if someone do not know, he or she can read a forecast for so little money: http://bitcoinbullbear.com/

But you take a 14% haircut instantly? You dealing with larger amounts but you have only little experience? Strange.

I had bought again on Gox coins at 105$. That was less than two weeks ago. If I wanted to sell it short-term, I would just wait until the price hits 105$ on Bitstamp. Was that not even in a short-tick the case?

Anyway, 14% is currently way too much and I do not think that an experienced trader would make such a rookie mistake. But I have read reports like yours a lot here in the recent weeks. Everyone seems to have taken the haircut with large amounts of money. I just wonder why? If I bought on Gox Bitcoins, I'm not forced to sell them immediately. Wait a week in the current market situation saves a lot of money.

A rookie mistake would be not realize when an exchange failed to be an exchange.  No one can predict the market, to say you can would be a lie. 

[davidgdg]

pulled about $22k worth of coins out of gox, lost about 14% trading it from GBP into coins, then onto bitstamp back into USD.

but its worth it, was waiting over 2 months for the GBP funds.

Bitstamp just verified the withdrawl i made eariler, and i expect the cash in days, this alongside the other 30k ive done in the last 2 weeks everything has been timely and has worked so far.


THANK YOU for providing top quality service and support.

It is very likely that the price will rise in the next few weeks to $ 120-130. Anyone who have watched the market a little and a have little bit of experience, knows that. And if someone do not know, he or she can read a forecast for so little money: http://bitcoinbullbear.com/

But you take a 14% haircut instantly? You dealing with larger amounts but you have only little experience? Strange.

I had bought again on Gox coins at 105$. That was less than two weeks ago. If I wanted to sell it short-term, I would just wait until the price hits 105$ on Bitstamp. Was that not even in a short-tick the case?

Anyway, 14% is currently way too muchJ and I do not think that an experienced trader would make such a rookie mistake. But I have read reports like yours a lot here in the recent weeks. Everyone seems to have taken the haircut with large amounts of money. I just wonder why? If I bought on Gox Bitcoins, I'm not forced to sell them immediately. Wait a week in the current market situation saves a lot of money.

What are you talking about? He had sterling, not BTC. Either he took the hit or risked losing the whole lot if Gox fails. 

[smoothie]

pulled about $22k worth of coins out of gox, lost about 14% trading it from GBP into coins, then onto bitstamp back into USD.

but its worth it, was waiting over 2 months for the GBP funds.

Bitstamp just verified the withdrawl i made eariler, and i expect the cash in days, this alongside the other 30k ive done in the last 2 weeks everything has been timely and has worked so far.


THANK YOU for providing top quality service and support.

same here. 

[OhShei8e]

What are you talking about? He had sterling, not BTC.

After buying BTC he had BTC. Thats what I'm talking about. But you do with your money what you want. No problem.

[joesmoe2012]

What are you talking about? He had sterling, not BTC.

After buying BTC he had BTC. Thats what I'm talking about. But you do with your money what you want. No problem.

lol he had BTC he bought for 10-15% above what its actually worth.

Normally if 15% entry costs, I would seriously reconsider my investment.

Especially when you can guy it for 15% less (or even less) at other, liquid exchanges.

in my book....

0. Bitcoin.de (though they won't allow americans any more so they don't count).
1. Localbitcoins
2. btc-e
3. CampBX
4. Coinbase

What we need is for the fucking banks to stop passing the fraud onto the consumer. It's their fucking fault if they don't have adequate seucrity measures in place to prevent people from using phished accounts to send large wires.

p.s. Just had a SEPA for 4200 euro reversed on me today on localbitcoins.

[oblongmeteor]

p.s. Just had a SEPA for 4200 euro reversed on me today on localbitcoins.

Nasty. Was it reversed long after it had been credited? Did you get any communication from your bank?

[joesmoe2012]

It had credited but showed up as blocked. It still shows up as blocked as opposed to available.

I have not received any communication from my bank yet (polish), but did contact them and say that the payment was to be reversed (localbitcoins staff had shot me an email alerting me to the fact that the buyer had been using a stoeln bank account to make purchases with and that I should ask for ID and such before releasing the escrow).

I knew something was wrong as soon as it showed up as blocked, that's never happened before.

All the fraud in this industry really makes one just want to say fuck it sometimes. I go out of my way to do legit and quick business in everything I do, and SCUM like this really become a headache.

Anybody with half a brain could make money legally and morally  in bitcoin, there's no reason to cheat/steal.

[zby]

pulled about $22k worth of coins out of gox, lost about 14% trading it from GBP into coins, then onto bitstamp back into USD.

but its worth it, was waiting over 2 months for the GBP funds.

Bitstamp just verified the withdrawl i made eariler, and i expect the cash in days, this alongside the other 30k ive done in the last 2 weeks everything has been timely and has worked so far.


THANK YOU for providing top quality service and support.

It is very likely that the price will rise in the next few weeks to $ 120-130. Anyone who have watched the market a little and a have little bit of experience, knows that. And if someone do not know, he or she can read a forecast for so little money: http://bitcoinbullbear.com/

But you take a 14% haircut instantly? You dealing with larger amounts but you have only little experience? Strange.

I had bought again on Gox coins at 105$. That was less than two weeks ago. If I wanted to sell it short-term, I would just wait until the price hits 105$ on Bitstamp. Was that not even in a short-tick the case?

Anyway, 14% is currently way too much and I do not think that an experienced trader would make such a rookie mistake. But I have read reports like yours a lot here in the recent weeks. Everyone seems to have taken the haircut with large amounts of money. I just wonder why? If I bought on Gox Bitcoins, I'm not forced to sell them immediately. Wait a week in the current market situation saves a lot of money.

14% is too much if there is less then 1 in 7 chance that you lose everything (assuming for now that there is no chance that you lose for example 50%) - but Gox are lying - we have no idea what is going on there.  What are they hiding?  Why don't they at least inform us about the length of the queues and how they change?
I personally have the feeling that there is much more then 1/7 chance that they are hiding something significant.