Author

Topic: Recommended Exchange (Read 1420 times)

legendary
Activity: 1022
Merit: 1000
June 19, 2012, 06:19:13 AM
#15
I'd recommend reading the forum before you decide to go with MtGox... some people are waiting on a month to be paid.

Yes I agree  - That was the reason for my questions - I am planning to make a sizable investment in BTC and I want to be smart about how I move my investment around
Don't buy all at once and cause a price spike.

GO GO GO !!!
hero member
Activity: 560
Merit: 501
June 19, 2012, 12:27:56 AM
#14
170 countries and currencies.

You'll get your money in a Bitinstant  Wink

Will be announcing soon.
I'd ask who you're sleeping with, but I think I'd rather not know.
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
June 19, 2012, 12:21:44 AM
#13
BitInstant will have direct BTC -> Bank Account transfers within a couple weeks.

Now this is awesome. Which countries?


What will be the limits and the transfer times

170 countries and currencies.

You'll get your money in a Bitinstant  Wink

Will be announcing soon.
hero member
Activity: 630
Merit: 500
June 18, 2012, 08:37:46 PM
#12
BitInstant will have direct BTC -> Bank Account transfers within a couple weeks.

Now this is awesome. Which countries?


What will be the limits and the transfer times
Jan
legendary
Activity: 1043
Merit: 1002
June 18, 2012, 08:34:44 PM
#11
BitInstant will have direct BTC -> Bank Account transfers within a couple weeks.

Now this is awesome. Which countries?
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
June 18, 2012, 07:40:09 PM
#10
BitInstant will have direct BTC -> Bank Account transfers within a couple weeks.
sr. member
Activity: 476
Merit: 250
Tangible Cryptography LLC
June 18, 2012, 07:08:18 PM
#9
With some of the recent security issue of some of the exchanges what would be your best recommendation for converting BTC to USD when desired

I was thinking Your Private Wallet ====> Tangible Cryptography's Single Use Deposit Address ====> One of 6 "cash like" payouts the same day.

No accounts and nothing to steal/lose/hack.  Transfers are done via Bitcoin network so we are never holding "your coins".   We buy your coins directly and payout the same day.
hero member
Activity: 630
Merit: 500
June 18, 2012, 03:14:51 PM
#8
I'd recommend reading the forum before you decide to go with MtGox... some people are waiting on a month to be paid.

Yes I agree  - That was the reason for my questions - I am planning to make a sizable investment in BTC and I want to be smart about how I move my investment around
Don't buy all at once and cause a price spike.

I will be sinking part of my funds into a mining operation  - it looks like butterfly labs has the biggest potential if their new stuff is real, the performance claims are valid and they can ship within a reasonable horizon.

I might buy some of their mini rigs if the time frame for their ASIC gear is too far out and they keep to their promise of $$ per $$ trade in value.


I have not seen anything else with the performance per Price in the market (although i could have missed it)

rjk
sr. member
Activity: 448
Merit: 250
1ngldh
June 18, 2012, 03:00:34 PM
#7
I'd recommend reading the forum before you decide to go with MtGox... some people are waiting on a month to be paid.

Yes I agree  - That was the reason for my questions - I am planning to make a sizable investment in BTC and I want to be smart about how I move my investment around
Don't buy all at once and cause a price spike.
hero member
Activity: 630
Merit: 500
June 18, 2012, 02:50:56 PM
#6
I'd recommend reading the forum before you decide to go with MtGox... some people are waiting on a month to be paid.

Yes I agree  - That was the reason for my questions - I am planning to make a sizable investment in BTC and I want to be smart about how I move my investment around
hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
June 18, 2012, 02:43:54 PM
#5
I'd recommend reading the forum before you decide to go with MtGox... some people are waiting on a month to be paid.
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
June 18, 2012, 02:36:34 PM
#4
Sounds reasonable to me, as long as you keep in mind that the Mt. Gox -> Dwolla step can take anywhere from a few hours to a few weeks, depending on whatever random problems they are having or not having at the time.
And they require scanned IDs and utiliy bills etc.
sr. member
Activity: 294
Merit: 250
June 18, 2012, 02:34:53 PM
#3
Bitfloor and CampBX both support ACH directly, so you can avoid dwolla and just go right to your bank account. Bitfloor charges nothing and CBX charges $2 for ACH withdrawl.
sr. member
Activity: 431
Merit: 251
June 18, 2012, 02:29:19 PM
#2
Sounds reasonable to me, as long as you keep in mind that the Mt. Gox -> Dwolla step can take anywhere from a few hours to a few weeks, depending on whatever random problems they are having or not having at the time.
hero member
Activity: 630
Merit: 500
June 18, 2012, 02:23:57 PM
#1
With some of the recent security issue of some of the exchanges what would be your best recommendation for converting BTC to USD when desired

I was thinking My Private Wallet ====> MT.GOX (2 factor login) ====> Dwolla  ====>  US bank account


is that wise? what do you do?
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