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Author Topic: 1014 BTC For Sale at $5.88 on BitFloor.com  (Read 1021 times)
EuSouBitcoin
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June 15, 2012, 12:50:09 PM
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Right now I see 1014 BTC for sale at $5.88 on BitFloor.com. With the price at Mt Gox around $5.95, that looks like a good buy. Usually when you see BTC offer for sale below the Mt Gox Bid, it's for a trivial quantity. But 1K BTC is decent size to me. We'll have to keep an eye on BitFloor.com. Their volume has been steadily growing and they have some nice features (rebates, cash deposits, ING Direct P2P, PopMoney, and ACH transfers).

You can't win if you don't play. But you can't play if you lose all your chips.
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rudrigorc2
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June 15, 2012, 12:53:48 PM
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I wish I could use their service =)


Right now I see 1014 BTC for sale at $5.88 on BitFloor.com. With the price at Mt Gox around $5.95, that looks like a good buy. Usually when you see BTC offer for sale below the Mt Gox Bid, it's for a a trivial quantity. But 1K BTC is decent size to me. We'll have to keep an eye on BitFloor.com. Their volume has been steadily growing and they have some nice features (rebates, ING Direct P2P, PopMoney, and ACH transfers).

opa, pode traduzir pro bom portugues o que seria o ~ACH transfer~?
EuSouBitcoin
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June 15, 2012, 01:11:01 PM
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I'm tempted to do the following
1) withdraw $6K cash from my bank
2) make a free cash deposit to BitFloor via Chase Bank
3) scoop up the BTC at $5.88
4) transfer the BTC to Mt Gox
5) sell the BTC for $5.95 and pocket the difference

Only problem is that I don't have $6K in cash Sad

You can't win if you don't play. But you can't play if you lose all your chips.
rudrigorc2
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June 15, 2012, 01:13:38 PM
 #4

I'm tempted to do the following
1) withdraw $6K cash from my bank
2) make a free cash deposit to BitFloor via Chase Bank
3) scoop up the BTC at $5.88
4) transfer the BTC to Mt Gox
5) sell the BTC for $5.95 and pocket the difference

Only problem is that I don't have $6K in cash Sad

Not so fast, with all the delay regarding the gox withdrawals.
DeathAndTaxes
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June 15, 2012, 01:22:09 PM
 #5

I'm tempted to do the following
1) withdraw $6K cash from my bank
2) make a free cash deposit to BitFloor via Chase Bank
3) scoop up the BTC at $5.88
4) transfer the BTC to Mt Gox
5) sell the BTC for $5.95 and pocket the difference
6) Wait 14 to 21 days to get your $6K back

FYPFY. Smiley
EuSouBitcoin
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June 15, 2012, 01:41:04 PM
 #6

I'm tempted to do the following
1) withdraw $6K cash from my bank
2) make a free cash deposit to BitFloor via Chase Bank
3) scoop up the BTC at $5.88
4) transfer the BTC to Mt Gox
5) sell the BTC for $5.95 and pocket the difference
6) Wait 14 to 21 days to get your $6K back

FYPFY. Smiley

touché

You can't win if you don't play. But you can't play if you lose all your chips.
John (John K.)
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Will read PM's. Have more time lately


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June 15, 2012, 10:48:46 PM
 #7

I'm tempted to do the following
1) withdraw $6K cash from my bank
2) make a free cash deposit to BitFloor via Chase Bank
3) scoop up the BTC at $5.88
4) transfer the BTC to Mt Gox
5) sell the BTC for $5.95 and pocket the difference
6) Wait 14 to 21 days to get your $6K back, provided you provide everything they ask for, and pray to Satoshi there isn't another holdup.

FYPFY. Smiley

touché

FYPFY again. Wink

My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
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dlasher
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June 15, 2012, 11:53:07 PM
 #8

seems gone now..
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