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Author Topic: How does tradehill work?  (Read 576 times)
GabrielZ (OP)
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August 15, 2011, 04:38:56 PM
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I wanted to buy some bitcoins on Tradehill, so I created an account with them.
Then I clicked on "Deposit Funds" and chose the currency.
Then, the web page said that they would contact me (via email, I presume) with the details how to deposit some funds with them.

So far, they have not contacted me - is that usual with Tradehill?
Is Tradehill a good choice?

Thanks in advance for all kinds of insights.
G.
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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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noob_jul11
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August 16, 2011, 12:15:24 AM
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I have never traded USD/btc or vice versa. So I can't tell you whether that's normal or not.

as far as options to trade goes, MtGOX.com is another famous exchange. Check http://bitcoincharts.com/markets/ for more exchanges.
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August 16, 2011, 12:18:27 AM
 #3

Tradehill currently only allows Paxum USD deposits. That may be the reason to not contact you.

Listen Radio Libre (Electronica) Donate. (click for details).

Chilean peso VS BTC ahora: http://irage.ca/2btc.php?a=1&c=CLP&r=1

My bitcoin address
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August 16, 2011, 12:37:12 AM
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I wanted to buy some bitcoins on Tradehill, so I created an account with them.
Then I clicked on "Deposit Funds" and chose the currency.
Then, the web page said that they would contact me (via email, I presume) with the details how to deposit some funds with them.

So far, they have not contacted me - is that usual with Tradehill?
Is Tradehill a good choice?

Thanks in advance for all kinds of insights.
G.

Tradehill is located in Chile. Ever give thought to what you would do if your transaction went down bad?
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August 16, 2011, 02:04:48 AM
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Their bank account at Bank of America just got frozen so they're scrambling to get more USD transfer options available.  The fees were pretty ridiculous though so that's fine Tongue Basically no exchange has a decent way to fund BTC which is why the currency isn't inflating much.  Paxum is basically a knock off of Paypal but with probably worse support and security but an exchange trying to manage all that financial BS themselves wouldn't be worth the money so it makes sense that they'd offload it someone else.
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