RockHound (OP)
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March 19, 2014, 03:11:09 PM Last edit: March 19, 2014, 07:03:46 PM by RockHound |
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Thought I would turn to my fellow Bitcoiners Wire transfers simply take too long to process, been using Bitstamp since October, 2013 they were pretty fast (avg. 2 days) now they consistently take 3-4 days. Sepa is an option, generally 1 day faster than Wire however the associated fees/charges equate to around 3%. There has to be a better way! Any suggestions guys?
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Kazimir
Legendary
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Activity: 1176
Merit: 1011
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March 19, 2014, 03:13:36 PM |
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Banks suck. Bank transaction (sepa, wire, everything) is slow as hell. That's the way it is This is why we need Bitcoin
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RockHound (OP)
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March 19, 2014, 03:18:41 PM |
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Banks suck. Bank transaction (sepa, wire, everything) is slow as hell. That's the way it is This is why we need Bitcoin Could not agree with you more brother - the retail exchange rate banks impose is unfair
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HeliKopterBen
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March 19, 2014, 03:30:08 PM |
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Yes. You can deposit BTC fairly quickly. Exchanges usually require 3-6 confirmations. Fiat takes days to weeks depending on how you are transferring and whatever authority arbitrarily decides that your transaction is ok.
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Counterfeit: made in imitation of something else with intent to deceive: merriam-webster
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gentlemand
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Welt Am Draht
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March 19, 2014, 03:34:37 PM |
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Bitstamp does deal with Ripple. Perhaps there's a way to get dollars in there using that though I've no idea how.
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oblongmeteor
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March 19, 2014, 03:42:29 PM |
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Where are you looking to deposit from? US, European Union, UK or Asia-pacific region?
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S4VV4S
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March 19, 2014, 03:59:02 PM |
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I have found that the best way for me (and rates) is using Virwox. I use credit card and paypal to fund my account, then change it to SLL and then to BTC. Only takes about 1 hour max to have the coins.
EDIT: Keep in mind that new accounts on Virwox require 48hours so that you get your coins. After that you get them fast. I have even made a payment to Bitmain directly from there.
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chtopor
Newbie
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March 19, 2014, 04:41:03 PM |
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yes, Bitstamp has become much slower unfortunately
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Paul762
Newbie
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March 19, 2014, 04:46:14 PM |
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Ктo иcкaз бтк CКPB
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snarlpill
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March 19, 2014, 05:17:58 PM |
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I used Coinbase.com which took 4 days from my bank account transfer to coins. For someone newly getting into BTC and eager to have my first coins, that felt like forever. Then I used coin.mx and after confirming my bank account, the coins were in my wallet within an hour. They are located in the U.S. and are fully legit, I will vouch for them. Great customer support too. Live chat, and they'll call you to confirm. Hope this helps.
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RockHound (OP)
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March 19, 2014, 06:11:20 PM |
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I have found that the best way for me (and rates) is using Virwox. I use credit card and paypal to fund my account, then change it to SLL and then to BTC. Only takes about 1 hour max to have the coins.
EDIT: Keep in mind that new accounts on Virwox require 48hours so that you get your coins. After that you get them fast. I have even made a payment to Bitmain directly from there.
Interesting thanks bud! I have heard of this methods, although some folks are giving it mixed reviews (owning to the SLL/BTC rate and also Payeer/Credit card transaction fees - will research a bit more though
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RockHound (OP)
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March 19, 2014, 06:12:44 PM |
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Where are you looking to deposit from? US, European Union, UK or Asia-pacific region?
Good question Based in the UK
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HorseCoin
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March 19, 2014, 06:15:07 PM |
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RockHound (OP)
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March 19, 2014, 06:21:10 PM |
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yes, Bitstamp has become much slower unfortunately
Guess that's the premium we pay for using an exchange with solid security/solvency : )
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KimNam
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March 19, 2014, 06:22:21 PM |
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Banks suck. Bank transaction (sepa, wire, everything) is slow as hell. That's the way it is This is why we need Bitcoin slow and expensive! that's we can explain about bank transaction
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RockHound (OP)
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March 19, 2014, 06:36:23 PM |
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Thanks for the suggestions thus far!!
Trying to think outside the box now.
How about;
1. Going to Slovenia; Opening an account with Unicredit; Make all subsequent deposits via that account - Don't know if that would actually speed things up?
2. Open an International Account with (Eg. CitiBank); Try and do all BTC trading in EUR; Deposit via SEPA
Any one have up to date experience depositing fiat funds to Kraken, BTC-e or Bitfinex?
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Dalmar
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March 19, 2014, 06:42:50 PM |
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If you have a Dutch bank account, you can instantly buy BTC up to 10K euro at https://bitonic.nl/ They go by the BTC-e rate with a small service premium, but in case of an uptrend in BTC that shouldn't be a problem.
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HorseCoin
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March 19, 2014, 06:43:53 PM |
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If you have a Dutch bank account, you can instantly buy BTC up to 10K euro at https://bitonic.nl/ They go by the BTC-e rate with a small service premium, but in case of a rapid rise in BTC prices that shouldn't be a problem. basketball pix -> "genesis" block
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Dalmar
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March 19, 2014, 06:45:35 PM |
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^ What?
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▄▄▄▄▄▄▄▄▄▄▄ ▄▄████████████████▄ ▄▄██████████████████████▄ █████████████▀█████████████▄ ▄█████████████▀ ▄█▀ ███████████ ▄██████████ ▀▀ ████████████ ▄█████████████ ▄▄▄ ▀▀██████████ █████████████▀ ████▄ ▀█████████▄ █████████████ ▀▀█▀▀ ▄██████████ ████████████▀ ▄▄ ████████████ ████████████ ▄████▄ ███████████ █████████ ██████ ██████████ █████████▄▄ ▄██████████ ▀██████████ ██ ▄▄▄▄████████████ ▀█████████▄▄█▄ ███████████████▀ ▀██████████████████████████▀ ▀█████████████████████▀ ▀▀██████████████▀▀ ▀▀▀▀▀▀▀ | | B i t c o i n t a l k ▄▄▄▄▄
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RockHound (OP)
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March 19, 2014, 06:53:45 PM |
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^ What?
+1? Their company logo? Thanks Dalmar! Looking into it now, have you used them before? Trip to Hauge or Amsterdam
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