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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33188. (Read 26497248 times)

legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 232
Merit: 100
I think I got my answer from their faq...

"Wire transfers are currently taking up to 1 week to process due to the volume of withdrawal requests in queue."

Anyone has a personal experience whether this is accurate?

Took me less than 12 hours to move about $15k into my account last week.  Initiated the transfer via internet banking around midnight, and receive a notification on the successful fund transfer shortly before noon the next day.
full member
Activity: 168
Merit: 100
I think I got my answer from their faq...

"Wire transfers are currently taking up to 1 week to process due to the volume of withdrawal requests in queue."

Anyone has a personal experience whether this is accurate?

add a couple more days it takes your bank to process
sr. member
Activity: 686
Merit: 250
I think I got my answer from their faq...

"Wire transfers are currently taking up to 1 week to process due to the volume of withdrawal requests in queue."

Anyone has a personal experience whether this is accurate?
full member
Activity: 168
Merit: 100
How long do USD wire transfer withdrawals to a US bank account take?

I initiated one on the 6th and there is no sign of it in my bank account yet...

A long fuckin time... next time just trade into bitcoins and sell on the Currensy Exchange in the forum
sr. member
Activity: 686
Merit: 250
How long do USD wire transfer withdrawals to a US bank account take?

I initiated one on the 6th and there is no sign of it in my bank account yet...
sr. member
Activity: 350
Merit: 250
Got it. So we will have to see how it plays out this week and see if it is a repeat of last week.
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1600
Merit: 1014
Newbie trader here. Would like some trading tips. I see consolidation is happening right around $105.00-$106.00 area for the past few hours. Usually does this mean it will break out upward after or will it drop? Thanks in advance.

Be careful, they will tell you the opposite they think is going to happen to take your money  Grin
I'll give you both scenarios. If the stock remains on 105-106 for the whole week, expect a drop to ~$80 again. if there's a move up in the price, it'll happen during the week, if not, brace yourselves....

If the stock remains right around $105-$106 why would you expect a drop?

Because some sellers need to sell every week at whatever price..


..and they are forced to do this on the weekends.
legendary
Activity: 1428
Merit: 1000
Newbie trader here. Would like some trading tips. I see consolidation is happening right around $105.00-$106.00 area for the past few hours. Usually does this mean it will break out upward after or will it drop? Thanks in advance.

Be careful, they will tell you the opposite they think is going to happen to take your money  Grin
I'll give you both scenarios. If the stock remains on 105-106 for the whole week, expect a drop to ~$80 again. if there's a move up in the price, it'll happen during the week, if not, brace yourselves....

If the stock remains right around $105-$106 why would you expect a drop?

Because some sellers need to sell every week at whatever price..
sr. member
Activity: 350
Merit: 250
Newbie trader here. Would like some trading tips. I see consolidation is happening right around $105.00-$106.00 area for the past few hours. Usually does this mean it will break out upward after or will it drop? Thanks in advance.

Be careful, they will tell you the opposite they think is going to happen to take your money  Grin
I'll give you both scenarios. If the stock remains on 105-106 for the whole week, expect a drop to ~$80 again. if there's a move up in the price, it'll happen during the week, if not, brace yourselves....

If the stock remains right around $105-$106 why would you expect a drop?
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 770
Merit: 501
...besides that i gave up hope to find a pic of a drunken monkey in front of a computer on the web Wink

Challenge accepted! Meanwhile...Bitcoin Trading Monkey:


Fred in his best times

(better get to sleep now to keep information content at level on this thread Smiley)
sr. member
Activity: 434
Merit: 250
This video is over 2 months old.

And why would Kevin O'Leary use such a small exchange?


cavirtex is first class, deposited funds can clear in less then 10 mins. Its the best exchange for canadians


So? If I have many thousands of dollars worth of buying to do, why take such a small exchange?
Not only the slippage would kill you, but so would their 3% fee.
the fees are 0.5% if your a market maker.

1 reason to take your fiat to smaller exchanges would be to buy up as many coins as you can , and not directly affect the mtgox price


The fees are 0.5% only if you have already done transactions for at least 2500 BTC.

You don't affect the MtGox price, but you do affect even more the local exchange price.

truth is his bid will fill, and its not like he would of gotten ALOT more bitcoin if he had when through the trouble of sending to MtGox, and sending money to mtgox doesn't take 10 mins, but at cavirtex it does

First, you don't know if the bid will fill.
It might, if the market goes down.
One thing is certain: they can't buy at market without an insane slippage.

Second, no it doesn't take 10 mins!

Use E-interac like I used to? No, they stopped that.

Deposit money into their RBC account... oh wait no that's closed.

So, using other banks and options:
Online Bill Payment ---> 3 to 5 days, Daily Limit: $10,000.00
Direct Withdraw ----> 3 to 5 days, Daily Limit: $10,000.00

Both assuming you are already verified.

You could still use
Cash deposit ----> Processing Time: Same day, Daily Limit: $3,000.00
But then you aren't such a big player...

So yes, I'm still wondering WTH is happening there.
hero member
Activity: 770
Merit: 501
newbie
Activity: 56
Merit: 0
...besides that i gave up hope to find a pic of a drunken monkey in front of a computer on the web Wink

Challenge accepted! Meanwhile...Bitcoin Trading Monkey:
http://img.photobucket.com/albums/v104/recon83/MonkeyComputerMoney.jpg
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 252
Merit: 250
Thanks for all the feedback guys. I have traded before but would still consider myself a newbie since my experience level is low. I am always looking at the charts and the market data. I am not trying to make frequent trades without the day. Just trying to buy as low as i can and sell when its high. I am playing with a few grand so i wouldn't mind making a few bucks here and there while learning.  Grin
good luck and enjoy the show
(in other words always keep popcorn and tinfoil at hand Smiley)

Extra tinfoil!   Wink
hero member
Activity: 770
Merit: 501
Thanks for all the feedback guys. I have traded before but would still consider myself a newbie since my experience level is low. I am always looking at the charts and the market data. I am not trying to make frequent trades without the day. Just trying to buy as low as i can and sell when its high. I am playing with a few grand so i wouldn't mind making a few bucks here and there while learning.  Grin
good luck and enjoy the show
(in other words always keep popcorn and tinfoil at hand Smiley)
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