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Author Topic: bitquick.in real or scam ????  (Read 2723 times)
E.exchanger
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April 26, 2014, 08:44:05 PM
 #1

Firstly I would like to confirm that my first transaction was been successfully executed by them with great on time support.



But yesterday's evening I was there on their website to exchange my btc so I tried with small amount first & even after I funded their escrow address it still says ' escrow not funded' I've writing to their  support since then and got no reply so far.......will update the post once I'll hear from them !!!
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April 26, 2014, 11:58:05 PM
 #2

Firstly I would like to confirm that my first transaction was been successfully executed by them with great on time support.



But yesterday's evening I was there on their website to exchange my btc so I tried with small amount first & even after I funded their escrow address it still says ' escrow not funded' I've writing to their  support since then and got no reply so far.......will update the post once I'll hear from them !!!

Give them till Monday. Seems like a Lack of Service issue.

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April 27, 2014, 02:30:42 AM
 #3

Firstly I would like to confirm that my first transaction was been successfully executed by them with great on time support.



But yesterday's evening I was there on their website to exchange my btc so I tried with small amount first & even after I funded their escrow address it still says ' escrow not funded' I've writing to their  support since then and got no reply so far.......will update the post once I'll hear from them !!!

Give them till Monday. Seems like a Lack of Service issue.
Yeah I hope they won't disappoint people !! Smiley
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April 27, 2014, 05:45:55 PM
 #4

Firstly I would like to confirm that my first transaction was been successfully executed by them with great on time support.



But yesterday's evening I was there on their website to exchange my btc so I tried with small amount first & even after I funded their escrow address it still says ' escrow not funded' I've writing to their  support since then and got no reply so far.......will update the post once I'll hear from them !!!

Give them till Monday. Seems like a Lack of Service issue.
Yeah i think so as well - bitquick.in is a small subsidiary of bitquick.co which has quite a number of transactions.

CENTRA

            ▄▄▄██████████▄▄▄
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April 27, 2014, 07:50:06 PM
 #5

Firstly I would like to confirm that my first transaction was been successfully executed by them with great on time support.



But yesterday's evening I was there on their website to exchange my btc so I tried with small amount first & even after I funded their escrow address it still says ' escrow not funded' I've writing to their  support since then and got no reply so far.......will update the post once I'll hear from them !!!

Give them till Monday. Seems like a Lack of Service issue.
Yeah i think so as well - bitquick.in is a small subsidiary of bitquick.co which has quite a number of transactions.
Haven't got a reply from them so far but will surely update you guys once i will, and till that time i request everyone not to risk any amount of btc with them(nothing personal just as a suggestion) !!! Smiley
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April 28, 2014, 07:15:42 PM
 #6

Got their reply tonight, and iam happy that they are legit and not another gox. Keep up the good work guys!!  Smiley
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April 28, 2014, 08:19:34 PM
 #7

Got their reply tonight, and iam happy that they are legit and not another gox. Keep up the good work guys!!  Smiley

Nice to hear this!

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July 04, 2014, 01:43:34 PM
 #8

they seem to be  doing a good job. I guess they are legit .
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July 04, 2014, 04:24:37 PM
 #9

They just seem to be low though. I m seeing the same single order of 0.05 Btc for 60000 per Btc since 2 weeks.

CENTRA

            ▄▄▄██████████▄▄▄
        ▄▄████████████████████▄▄
      ▄███████▀▀         ▀▀███████▄
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 █████     ██████▀▀  ▀▀██████▄    ▀████
▐████     █████          █████     █████
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 ▀████▄     ▀██████████████▀     ▄████▀
  ▀█████▄     `▀████████▀▀     ▄█████▀
   `██████▄                  ▄██████
     ▀███████▄▄          ▄▄███████▀
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July 04, 2014, 04:30:42 PM
 #10

They just seem to be low though. I m seeing the same single order of 0.05 Btc for 60000 per Btc since 2 weeks.

Dont know why but i feel like the market for exchanges are getting far to saturated.

Either an exchange has to come up with a system that makes it easy for every one to use, or some thing that provides better liquidity. 

the only place i see good volumes and liquidity is on https://localbitcoins.com/
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July 04, 2014, 05:08:24 PM
 #11

They just seem to be low though. I m seeing the same single order of 0.05 Btc for 60000 per Btc since 2 weeks.

Dont know why but i feel like the market for exchanges are getting far to saturated.

Either an exchange has to come up with a system that makes it easy for every one to use, or some thing that provides better liquidity. 

the only place i see good volumes and liquidity is on https://localbitcoins.com/
What do you mean by better liquidity. Yes I agree simplicity will promote bitcoin usage.

CENTRA

            ▄▄▄██████████▄▄▄
        ▄▄████████████████████▄▄
      ▄███████▀▀         ▀▀███████▄
    ▄█████▀                  ▀██████
   █████▀      ▄▄▄█████▄▄      ▀█████▄
  █████     ▄██████████████▄     ▀████▄
 █████     ██████▀▀  ▀▀██████▄    ▀████
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█████    ▐████                     ▐████
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 ▀████▄     ▀██████████████▀     ▄████▀
  ▀█████▄     `▀████████▀▀     ▄█████▀
   `██████▄                  ▄██████
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July 04, 2014, 05:09:29 PM
 #12

BitQuick founder Jad Mubaslat is doing some Q/A here. Check if u r interested => https://bitcointalk.org/index.php?topic=665426.0

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subvolatil
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July 04, 2014, 07:19:45 PM
 #13

They just seem to be low though. I m seeing the same single order of 0.05 Btc for 60000 per Btc since 2 weeks.

Dont know why but i feel like the market for exchanges are getting far to saturated.

Either an exchange has to come up with a system that makes it easy for every one to use, or some thing that provides better liquidity. 

the only place i see good volumes and liquidity is on https://localbitcoins.com/
What do you mean by better liquidity. Yes I agree simplicity will promote bitcoin usage.
What i meant was that It should be possible for individuals to buy and sell large quantities without waiting a long time to liquidate either BTC or Fiat. This is still a problem. Most of the time even buying and selling  over 50 btc may take more than a week to find buyers.
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July 05, 2014, 03:22:12 AM
 #14

They just seem to be low though. I m seeing the same single order of 0.05 Btc for 60000 per Btc since 2 weeks.

Dont know why but i feel like the market for exchanges are getting far to saturated.

Either an exchange has to come up with a system that makes it easy for every one to use, or some thing that provides better liquidity. 

the only place i see good volumes and liquidity is on https://localbitcoins.com/
What do you mean by better liquidity. Yes I agree simplicity will promote bitcoin usage.
What i meant was that It should be possible for individuals to buy and sell large quantities without waiting a long time to liquidate either BTC or Fiat. This is still a problem. Most of the time even buying and selling  over 50 btc may take more than a week to find buyers.
That's right. With us, the issue has not been liquidity of INR or BTC as we have good enough of both. But our limitation of 5 BTC per day is because we are not ready to take bigger risks yet.

CENTRA

            ▄▄▄██████████▄▄▄
        ▄▄████████████████████▄▄
      ▄███████▀▀         ▀▀███████▄
    ▄█████▀                  ▀██████
   █████▀      ▄▄▄█████▄▄      ▀█████▄
  █████     ▄██████████████▄     ▀████▄
 █████     ██████▀▀  ▀▀██████▄    ▀████
▐████     █████          █████     █████
█████    ▐████                     ▐████
█████    █████                     ▐████
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 ▀████▄     ▀██████████████▀     ▄████▀
  ▀█████▄     `▀████████▀▀     ▄█████▀
   `██████▄                  ▄██████
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           ▀▀▀█████████████▀▀

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micky123
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July 08, 2014, 10:36:50 AM
Last edit: July 08, 2014, 05:16:43 PM by micky123
 #15

They just seem to be low though. I m seeing the same single order of 0.05 Btc for 60000 per Btc since 2 weeks.

Dont know why but i feel like the market for exchanges are getting far to saturated.

Either an exchange has to come up with a system that makes it easy for every one to use, or some thing that provides better liquidity.  

the only place i see good volumes and liquidity is on https://localbitcoins.com/
What do you mean by better liquidity. Yes I agree simplicity will promote bitcoin usage.
What i meant was that It should be possible for individuals to buy and sell large quantities without waiting a long time to liquidate either BTC or Fiat. This is still a problem. Most of the time even buying and selling  over 50 btc may take more than a week to find buyers.
That's right. With us, the issue has not been liquidity of INR or BTC as we have good enough of both. But our limitation of 5 BTC per day is because we are not ready to take bigger risks yet.

have dealt with them for 3 transactions now. Only real issue is that they appear to be short-staffed and take a long time to respond to customer complaints, unless tweeted! I can confirm that they are legit even though i did not have the smoothest of transactions with them. Also their fees are higher than most other sites (0.02 BTC for a 1 BTC transaction  Angry ).

Edit: updated as 0.02 BTC fee for transaction.

[banner]https://static1.freebitco.in/banners/contest_728_90.gif[/banner]
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July 08, 2014, 11:41:39 AM
 #16

They just seem to be low though. I m seeing the same single order of 0.05 Btc for 60000 per Btc since 2 weeks.

Dont know why but i feel like the market for exchanges are getting far to saturated.

Either an exchange has to come up with a system that makes it easy for every one to use, or some thing that provides better liquidity. 

the only place i see good volumes and liquidity is on https://localbitcoins.com/
What do you mean by better liquidity. Yes I agree simplicity will promote bitcoin usage.
What i meant was that It should be possible for individuals to buy and sell large quantities without waiting a long time to liquidate either BTC or Fiat. This is still a problem. Most of the time even buying and selling  over 50 btc may take more than a week to find buyers.
That's right. With us, the issue has not been liquidity of INR or BTC as we have good enough of both. But our limitation of 5 BTC per day is because we are not ready to take bigger risks yet.

have dealt with them for 3 transactions now. Only real issue is that they appear to be short-staffed and take a long time to respond to customer complaints, unless tweeted! I can confirm that they are legit even though i did not have the smoothest of transactions with them. Also their fees are higher than most other sites (0.2 BTC for a 1 BTC transaction  Angry ).

0.2 BTC , it is really a lot higher for 1 BTC transaction.
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July 08, 2014, 05:15:14 PM
 #17

They just seem to be low though. I m seeing the same single order of 0.05 Btc for 60000 per Btc since 2 weeks.

Dont know why but i feel like the market for exchanges are getting far to saturated.

Either an exchange has to come up with a system that makes it easy for every one to use, or some thing that provides better liquidity.  

the only place i see good volumes and liquidity is on https://localbitcoins.com/
What do you mean by better liquidity. Yes I agree simplicity will promote bitcoin usage.
What i meant was that It should be possible for individuals to buy and sell large quantities without waiting a long time to liquidate either BTC or Fiat. This is still a problem. Most of the time even buying and selling  over 50 btc may take more than a week to find buyers.
That's right. With us, the issue has not been liquidity of INR or BTC as we have good enough of both. But our limitation of 5 BTC per day is because we are not ready to take bigger risks yet.

have dealt with them for 3 transactions now. Only real issue is that they appear to be short-staffed and take a long time to respond to customer complaints, unless tweeted! I can confirm that they are legit even though i did not have the smoothest of transactions with them. Also their fees are higher than most other sites (0.2 BTC for a 1 BTC transaction  Angry ).

0.2 BTC , it is really a lot higher for 1 BTC transaction.

Really sorry! Thats a mistake... it should be 0.02 BTC for a transaction. Grin Edited the original post with the right information!

[banner]https://static1.freebitco.in/banners/contest_728_90.gif[/banner]
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July 08, 2014, 05:56:55 PM
 #18

They just seem to be low though. I m seeing the same single order of 0.05 Btc for 60000 per Btc since 2 weeks.

Dont know why but i feel like the market for exchanges are getting far to saturated.

Either an exchange has to come up with a system that makes it easy for every one to use, or some thing that provides better liquidity. 

the only place i see good volumes and liquidity is on https://localbitcoins.com/
What do you mean by better liquidity. Yes I agree simplicity will promote bitcoin usage.
What i meant was that It should be possible for individuals to buy and sell large quantities without waiting a long time to liquidate either BTC or Fiat. This is still a problem. Most of the time even buying and selling  over 50 btc may take more than a week to find buyers.
That's right. With us, the issue has not been liquidity of INR or BTC as we have good enough of both. But our limitation of 5 BTC per day is because we are not ready to take bigger risks yet.

have dealt with them for 3 transactions now. Only real issue is that they appear to be short-staffed and take a long time to respond to customer complaints, unless tweeted! I can confirm that they are legit even though i did not have the smoothest of transactions with them. Also their fees are higher than most other sites (0.2 BTC for a 1 BTC transaction  Angry ).

0.2 BTC , it is really a lot higher for 1 BTC transaction.

Really sorry! Thats a mistake... it should be 0.02 BTC for a transaction. Grin Edited the original post with the right information!

It seemed to me that something is not right with 0.2 BTC TX fees Tongue
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July 08, 2014, 06:00:36 PM
 #19

They just seem to be low though. I m seeing the same single order of 0.05 Btc for 60000 per Btc since 2 weeks.

Dont know why but i feel like the market for exchanges are getting far to saturated.

Either an exchange has to come up with a system that makes it easy for every one to use, or some thing that provides better liquidity.  

the only place i see good volumes and liquidity is on https://localbitcoins.com/
What do you mean by better liquidity. Yes I agree simplicity will promote bitcoin usage.
What i meant was that It should be possible for individuals to buy and sell large quantities without waiting a long time to liquidate either BTC or Fiat. This is still a problem. Most of the time even buying and selling  over 50 btc may take more than a week to find buyers.
That's right. With us, the issue has not been liquidity of INR or BTC as we have good enough of both. But our limitation of 5 BTC per day is because we are not ready to take bigger risks yet.

have dealt with them for 3 transactions now. Only real issue is that they appear to be short-staffed and take a long time to respond to customer complaints, unless tweeted! I can confirm that they are legit even though i did not have the smoothest of transactions with them. Also their fees are higher than most other sites (0.2 BTC for a 1 BTC transaction  Angry ).

0.2 BTC , it is really a lot higher for 1 BTC transaction.

Really sorry! Thats a mistake... it should be 0.02 BTC for a transaction. Grin Edited the original post with the right information!

It seemed to me that something is not right with 0.2 BTC TX fees Tongue

2% Tx fee is fine IMO for a good & stable service. Do they charge 0.02 BTC for every Tx or it is calculated on % basis ?

micky123
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July 08, 2014, 07:04:42 PM
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They just seem to be low though. I m seeing the same single order of 0.05 Btc for 60000 per Btc since 2 weeks.

Dont know why but i feel like the market for exchanges are getting far to saturated.

Either an exchange has to come up with a system that makes it easy for every one to use, or some thing that provides better liquidity.  

the only place i see good volumes and liquidity is on https://localbitcoins.com/
What do you mean by better liquidity. Yes I agree simplicity will promote bitcoin usage.
What i meant was that It should be possible for individuals to buy and sell large quantities without waiting a long time to liquidate either BTC or Fiat. This is still a problem. Most of the time even buying and selling  over 50 btc may take more than a week to find buyers.
That's right. With us, the issue has not been liquidity of INR or BTC as we have good enough of both. But our limitation of 5 BTC per day is because we are not ready to take bigger risks yet.

have dealt with them for 3 transactions now. Only real issue is that they appear to be short-staffed and take a long time to respond to customer complaints, unless tweeted! I can confirm that they are legit even though i did not have the smoothest of transactions with them. Also their fees are higher than most other sites (0.2 BTC for a 1 BTC transaction  Angry ).

0.2 BTC , it is really a lot higher for 1 BTC transaction.

Really sorry! Thats a mistake... it should be 0.02 BTC for a transaction. Grin Edited the original post with the right information!

It seemed to me that something is not right with 0.2 BTC TX fees Tongue

2% Tx fee is fine IMO for a good & stable service. Do they charge 0.02 BTC for every Tx or it is calculated on % basis ?

it is % basis! If they were stable, i would not have an issue with that fee. Just that every time you deal with their customer service you are left holing a rope that does not seem to have anyone else on the other end. You feel like you are loosing your grip, then all of a sudden you feel a tug on the rope! Thats how i sum up their service Smiley

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