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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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BeepBeep2
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August 21, 2013, 12:09:17 AM |
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Why don't you just look at the trading volume?  |
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Syke
Legendary
 Offline
Activity: 3878
Merit: 1193
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August 21, 2013, 12:24:02 AM |
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I'm enjoying CampBX. I can withdraw $1000/day and see the money clear my bank in about 2-3 days (through Dwolla for only $.25).
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Buy & Hold
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zeroblock (OP)
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August 21, 2013, 03:44:39 AM |
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Thanks for the input everyone! We would love to get 40-50+ votes, we are trying to determine how many still use Gox. And if you do use Gox, are you simply holding at Gox because the perceived price is higher?
Thanks,
ZeroBlock
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joae1975
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August 22, 2013, 04:10:15 PM |
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I'm enjoying CampBX. I can withdraw $1000/day and see the money clear my bank in about 2-3 days (through Dwolla for only $.25).
Yeah, you can save on fees that way, but I'm afraid of DHS taking that account too. I don't want to get caught standing when the music stops. Therefore I use Coinbase. What's a couple bucks for the piece of mind and straight to your bank account. I assume you're in the U.S. Keep track of your "earnings" as it may be considered capital gains profits and the IRS will want their unconstitutional cut. Or you can become another political prisoner. Just make sure an undisclosed friend is monitoring your mining hardware while you're in a cage. LOL! I think about this too much. |
1PewuG8KZJUPK3CtvAkAs1Uw42rQgUv5Jk
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zeroblock (OP)
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August 23, 2013, 12:07:31 AM
Last edit: August 27, 2013, 03:07:58 PM by zeroblock |
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I am going to write up the results of this poll later tonight so if you have any other people you might know who should vote, please let them know!
Thanks!
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juggalodarkclow
Legendary
Offline
Activity: 980
Merit: 1000
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August 23, 2013, 11:07:38 AM |
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Korbman
Legendary
Offline
Activity: 1064
Merit: 1001
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August 23, 2013, 01:46:56 PM |
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The guys over at "Service Discussion" would like to know where you are all selling your Bitcoins at? We are wondering if everyone still uses Gox with the delays in wire transfers.
After waiting 2 months for a wire from Gox, I canceled, converted, and switched over to Coinbase. So far they've been very prompt, both with buy and sell orders. I can usually see transfers in my bank within about 2-3 business days, so my guess is this is about on par with CampBX. |
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joae1975
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August 23, 2013, 02:16:43 PM |
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I can send Coinbase a txt message stating "buy 1.0" then I instantly get an automated call to verify, I enter my pin, BOOM, bitcoins in my Coinbase wallet. Then I send another txt "send 1.0 1iluh4si4uh4sd4iu..." and another verification, BOOM, coins sent to specified address. So easy! So instant! I can even tell it to "sell 1.0" and it will sell at market price and credit my bank account. It's almost too good. Coinbase rocks!
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1PewuG8KZJUPK3CtvAkAs1Uw42rQgUv5Jk
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Trongersoll
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August 23, 2013, 02:50:45 PM |
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I'm enjoying CampBX. I can withdraw $1000/day and see the money clear my bank in about 2-3 days (through Dwolla for only $.25).
Yeah, you can save on fees that way, but I'm afraid of DHS taking that account too. I don't want to get caught standing when the music stops. Therefore I use Coinbase. What's a couple bucks for the piece of mind and straight to your bank account. I assume you're in the U.S. Keep track of your "earnings" as it may be considered capital gains profits and the IRS will want their unconstitutional cut. Or you can become another political prisoner. Just make sure an undisclosed friend is monitoring your mining hardware while you're in a cage. LOL! I think about this too much. that is earnings minus expenses.  |
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millsdmb
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August 23, 2013, 02:53:04 PM |
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coinbase will sell your coins, you dont need to be verified or wait around
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Nagle
Legendary
Offline
Activity: 1204
Merit: 1000
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August 23, 2013, 08:43:15 PM |
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Why don't you just look at the trading volume? Because much of that is the same money going back and forth within the same exchange, in transactions between speculators. Miners need to get money out. |
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Rannasha
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August 23, 2013, 09:17:24 PM |
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Why don't you just look at the trading volume? Because much of that is the same money going back and forth within the same exchange, in transactions between speculators. Miners need to get money out. Even if it's just money going back and forth between speculators primarily, it does help to tighten the spread and provide liquidity, making it easier for miners to move their coins. |
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zeroblock (OP)
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August 23, 2013, 11:27:23 PM |
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Why don't you just look at the trading volume? Because much of that is the same money going back and forth within the same exchange, in transactions between speculators. Miners need to get money out. Even if it's just money going back and forth between speculators primarily, it does help to tighten the spread and provide liquidity, making it easier for miners to move their coins. Tighten the Bid/Ask spread yes. But not necessarily the spread between exchanges. |
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byronbb
Legendary
Offline
Activity: 1414
Merit: 1000
HODL OR DIE
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August 23, 2013, 11:45:04 PM |
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Pretty sure Canadian miners are selling hard on cavirtex.com. Consistently the largest arb between gox.
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Bitweasil
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August 24, 2013, 12:11:21 AM |
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I don't use an exchange. I sell them in person, face to face, or with trusted people via PayPal/Cashier's Check (not concerned about reversal as they're people I know and trust in person). Online, I buy things with them. I'd rather not have an "known exchange" making wire transfers to my bank account.
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byronbb
Legendary
Offline
Activity: 1414
Merit: 1000
HODL OR DIE
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August 24, 2013, 05:30:08 PM |
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Pretty sure Canadian miners are selling hard on cavirtex.com. Consistently the largest arb between gox.
Don't they charge GST on the total of purchased coins? If so, why bother buying on that exchange. That alone kills the largest arb claim no? Ya the GST is inclusive of their fees, but I did not know the CAD had slid so much vs USD either. |
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Poll
