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1014 BTC For Sale at $5.88 on BitFloor.com
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Topic: 1014 BTC For Sale at $5.88 on BitFloor.com (Read 1100 times)
EuSouBitcoin
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1014 BTC For Sale at $5.88 on BitFloor.com
June 15, 2012, 12:50:09 PM
Last edit: June 15, 2012, 01:05:20 PM by EuSouBitcoin
#1
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. First I found bitcoin (BTC). Then I found something better, Monero (XMR). See GetMonero.org
rudrigorc2
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Re: 1014 BTC For Sale at $5.88 on BitFloor.com
June 15, 2012, 12:53:48 PM
Last edit: June 15, 2012, 01:11:59 PM by rudrigorc2
#2
I wish I could use their service =)
Quote from: EuSouBitcoin on June 15, 2012, 12:50:09 PM
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
(OP)
Sr. Member
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Activity: 490
Merit: 251
⇾
Re: 1014 BTC For Sale at $5.88 on BitFloor.com
June 15, 2012, 01:11:01 PM
#3
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
You can't win if you don't play. But you can't play if you lose all your chips. First I found bitcoin (BTC). Then I found something better, Monero (XMR). See GetMonero.org
rudrigorc2
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Re: 1014 BTC For Sale at $5.88 on BitFloor.com
June 15, 2012, 01:13:38 PM
#4
Quote from: EuSouBitcoin on June 15, 2012, 01:11:01 PM
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
Not so fast, with all the delay regarding the gox withdrawals.
DeathAndTaxes
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Gerald Davis
Re: 1014 BTC For Sale at $5.88 on BitFloor.com
June 15, 2012, 01:22:09 PM
#5
Quote from: EuSouBitcoin on June 15, 2012, 01:11:01 PM
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.
EuSouBitcoin
(OP)
Sr. Member
Offline
Activity: 490
Merit: 251
Re: 1014 BTC For Sale at $5.88 on BitFloor.com
June 15, 2012, 01:41:04 PM
#6
Quote from: DeathAndTaxes on June 15, 2012, 01:22:09 PM
Quote from: EuSouBitcoin on June 15, 2012, 01:11:01 PM
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.
touché
You can't win if you don't play. But you can't play if you lose all your chips. First I found bitcoin (BTC). Then I found something better, Monero (XMR). See GetMonero.org
John (John K.)
Global Troll-buster and
Legendary
Offline
Activity: 1288
Merit: 1227
Away on an extended break
Re: 1014 BTC For Sale at $5.88 on BitFloor.com
June 15, 2012, 10:48:46 PM
#7
Quote from: EuSouBitcoin on June 15, 2012, 01:41:04 PM
Quote from: DeathAndTaxes on June 15, 2012, 01:22:09 PM
Quote from: EuSouBitcoin on June 15, 2012, 01:11:01 PM
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.
touché
FYPFY again.
dlasher
Sr. Member
Offline
Activity: 467
Merit: 250
Re: 1014 BTC For Sale at $5.88 on BitFloor.com
June 15, 2012, 11:53:07 PM
#8
seems gone now..
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