FastCash4Bitcoins Support Thread - page 41.

TangibleCryptography

sr. member

Activity: 476

Merit: 250

Tangible Cryptography LLC

Funding Status (last updated 08/28/2012 15:30 EST)

Bank	Funds high (max payout available)
PayPal	Funds high (max payout available)
Dwolla	Funds high (max payout available)
Moneybookers	Funds exhausted (no payout possible)

Still awaiting response from OKPay support before we can begin that payout option

TangibleCryptography

sr. member

Activity: 476

Merit: 250

Tangible Cryptography LLC

Funding Status (last updated 08/28/2012 10:00 EST)

Bank	Funds low (max payout reduced)
PayPal	Funds high (max payout available)
Dwolla	Funds high (max payout available)
Moneybookers	Funds exhausted( no payout possible)

Still an unresolved issue with getting OKPay live. ETA: unknown (waiting on OKPay).
Dwolla funds increased.
Primary bank funds still low should have more funds tomorrow.

556j

sr. member

Activity: 252

Merit: 250

edited, don't want to shit up your thread. If you missed what was here I'll PM it to you (@Tangible Crypt)

existenz55

newbie

Activity: 57

Merit: 0

Quote from: sunnankar on August 23, 2012, 10:47:38 AM

Quote from: TangibleCryptography on August 22, 2012, 10:11:39 PM

Quote from: sunnankar on August 22, 2012, 08:39:07 PM

So you are hinting at Bitcoin backwardation? Perhaps the 'overall market' is being slightly manipulated Wink

You said it not me. Wink

One data point isn't enough to draw a conclusion, just pointing out it is "interesting".

GLBSE has had the following message on their homepage for more than 24 hours:

Quote

Deposits and withdrawals are delayed, we've installed a new version of the bitcoin client which requires us to download the blockchain. Sorry for the inconvenience.

Does it take longer than 24 hours to download the blockchain these days? Has it gotten that massive?

2 weaks ago it took me around 36 hours to download the bitcoin from ground zero.

TangibleCryptography

sr. member

Activity: 476

Merit: 250

Tangible Cryptography LLC

Update:

We are adding OKPay as a payout option starting Monday.
Min Payout: $50
Max Payout: $1,000
Fee: 0.5%

sunnankar

legendary

Activity: 1031

Merit: 1000

Quote from: TangibleCryptography on August 22, 2012, 10:11:39 PM

Quote from: sunnankar on August 22, 2012, 08:39:07 PM

So you are hinting at Bitcoin backwardation? Perhaps the 'overall market' is being slightly manipulated Wink

You said it not me. Wink

One data point isn't enough to draw a conclusion, just pointing out it is "interesting".

GLBSE has had the following message on their homepage for more than 24 hours:

Quote

Deposits and withdrawals are delayed, we've installed a new version of the bitcoin client which requires us to download the blockchain. Sorry for the inconvenience.

Does it take longer than 24 hours to download the blockchain these days? Has it gotten that massive?

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: TangibleCryptography on August 22, 2012, 10:11:39 PM

Quote from: sunnankar on August 22, 2012, 08:39:07 PM

So you are hinting at Bitcoin backwardation? Perhaps the 'overall market' is being slightly manipulated Wink

You said it not me. Wink

One data point isn't enough to draw a conclusion, just pointing out it is "interesting".

/never sells at <15 again

sunnankar

legendary

Activity: 1031

Merit: 1000

Quote from: TangibleCryptography on August 22, 2012, 10:11:39 PM

Quote from: sunnankar on August 22, 2012, 08:39:07 PM

So you are hinting at Bitcoin backwardation? Perhaps the 'overall market' is being slightly manipulated Wink

You said it not me. Wink

One data point isn't enough to draw a conclusion, just pointing out it is "interesting".

Well, if market indicators are hinting at bitcoin backwardation then I sure would not want to be short a bunch, like 400k, of bitcoins. And I sure would not want to be the counter-party who lent the bitcoins because then the counter-party risk could get very high.

Remember the first rule of panic: Do it first!

TangibleCryptography

sr. member

Activity: 476

Merit: 250

Tangible Cryptography LLC

Quote from: sunnankar on August 22, 2012, 08:39:07 PM

So you are hinting at Bitcoin backwardation? Perhaps the 'overall market' is being slightly manipulated Wink

You said it not me. Wink

One data point isn't enough to draw a conclusion, just pointing out it is "interesting".

sunnankar

legendary

Activity: 1031

Merit: 1000

Quote from: TangibleCryptography on August 22, 2012, 04:13:33 PM

No I am not bashing our sellers, we got the best sellers, it just interesting.

We have an imbalance. Higher than normal buy side demand and (well) lower than normal sell side demand yet the overall market indicates the exact opposite.

So you are hinting at Bitcoin backwardation? Perhaps the 'overall market' is being slightly manipulated Wink

Ari

member

Activity: 75

Merit: 10

Quote from: TangibleCryptography on August 22, 2012, 12:46:56 PM

First time this has ever happened but we got more demand from our Bitcoins Direct service than FastCash4Bitcoins is generating. Usually the supply from FastCash is about 3x what we can sell to our direct buyers. I altered the conservatism factor in the model and that increased the payout rate by about 0.5% (all other factors, volatility, spread, available funds, etc being equal).

The new model will remain in effect until we get a little bit more normalized cashflow, er would that be coinflow.

When the price is high, people want to sell. When the price is low, people want to buy.

It's funny how that tends to happen...

TangibleCryptography

sr. member

Activity: 476

Merit: 250

Tangible Cryptography LLC

Quote from: J.Socal on August 22, 2012, 04:09:31 PM

Yeh,holding onto them,looks like they want 10 or more per coin.

I certainly understand the sentiment. It is just "interesting" that our clients are diverging from the overall market. The market price is below $10 because some enough sellers are willing to sell below $10 but not our sellers. No I am not bashing our sellers, we got the best sellers, it just interesting.

We have an imbalance. Higher than normal buy side demand and (well) lower than normal sell side demand yet the overall market indicates the exact opposite.

J.Socal

hero member

Activity: 495

Merit: 500

Yeh,holding onto them,looks like they want 10 or more per coin.

TangibleCryptography

sr. member

Activity: 476

Merit: 250

Tangible Cryptography LLC

First time this has ever happened but we got more demand from our Bitcoins Direct service than FastCash4Bitcoins is generating. Usually the supply from FastCash is about 3x what we can sell to our direct buyers. I altered the conservatism factor in the model and that increased the payout rate by about 0.5% (all other factors, volatility, spread, available funds, etc being equal).

The new model will remain in effect until we get a little bit more normalized cashflow, er would that be coinflow.

TangibleCryptography

sr. member

Activity: 476

Merit: 250

Tangible Cryptography LLC

Funding Status (last updated 08/22/2012 12:00 EST)

Bank	Funds high (max payout available)
PayPal	Funds high (max payout available)
Dwolla	Funds low (max payout reduced)
Moneybookers	Funds low (max payout reduced)

Aseras

hero member

Activity: 658

Merit: 500

Quote from: Aseras on August 15, 2012, 09:12:37 AM

I placed my first order today. Spent ~3 weeks in the hospital, got bills to pay Sad

Been watching this since it launched, looks awesome.

Just posting to say thanks. Got my ACH in 3 days. Cashed out at just the right time Cheesy

Wish btc price was higher again, I just got $1500 more in bills, but on the bright side I've hit my max out of packet for the year now...

TangibleCryptography

sr. member

Activity: 476

Merit: 250

Tangible Cryptography LLC

Sales enabled.

Funding Status (last updated 08/21/2012 08:00 EST)

Bank	Funds high (max payout available)
PayPal	Funds high (max payout available)
Dwolla	Funds high (max payout available)
Moneybookers	Funds high (max payout available)

TangibleCryptography

sr. member

Activity: 476

Merit: 250

Tangible Cryptography LLC

Quote from: Miner99er on August 21, 2012, 12:21:00 AM

Well crap... I need to cash out 100 BTC before Thursday and was hoping to use your service... will it be up by then?

It will be up in the morning (EST).

Miner99er

sr. member

Activity: 310

Merit: 250

Well crap... I need to cash out 100 BTC before Thursday and was hoping to use your service... will it be up by then?

J.Socal

hero member

Activity: 495

Merit: 500

bummer..

Topic: FastCash4Bitcoins Support Thread - page 41. (Read 94604 times)