Topic: www.BitcoinExchange.cc - BTC / MtGoxUSD / Liberty Reserve / WU / MoneyGram - page 14. (Read 114336 times)

Just got my 150USD Wetern Union transfer from seller.

He was fairly quick despite the paypal broblems.

I will definitely use the site again.

I replied to your email. Awaiting your response.

I'm a little bit new to all of this myself, Sedum. But I think I can help with your question at least


 Bitcoinexchange's rates are determined by the website Mt. Gox (mtgox.com). Right now Mt.Gox lists the last value of the Bitcoin at $29.95 USD, giving the Bitcoin a value of about €20.54 at current. However, as most folks know, the value of the Bitcoin is ever-fluctuating. At the moment, it's going mostly upward! But it can go down as well. So the value of the Bitcoin really changes day by day, but Bitcoinexchange.cc always exchanges by the value stated on Mt. Gox when your order is placed.

Also, Bitcoinexchange.cc seems pretty back logged with transactions, and if you trade through them right now it may be a bit of a wait. Paypal recently made an attack on them, suddenly claiming the sale of Bitcoins to be against their policy. So BitcoinExchange is currently out over $5000 worth of pay outs thanks to Paypal's poor business practice !

On the plus side, BitcoinExchange has tons of solid feedback on these forums, and though they might be having some issues beyond their control right now, they appear to be good on their word. I placed my very first BTC transaction ever with BitcoinExchange last weekend, and while I am still waiting, they are professional, communicative, and are doing their best to serve people as quickly as possible. Just don't expect anything fast at this time (I'm sure once the Paypal fiasco clears up they'll be running normally again)

hope that helped!

Next round of WU's should go out tonight or tomorrow morning.

Thanks for the patience everyone!

I sent an e-mail to everyone requesting alternate payment information, please check your spam folder.

hooray! so glad you're making progress I'm so sorry you ended up a victim of Paypal's horrible business practice. Any idea on when you'll be processing the Western Union transactions?

BitcoinExchange.cc -

The Paypal E-check you sent on June 4 is showing up as cancelled.

Please contact me ASAP to make payment arrangements.

Hey guys...

First round of ACH went out last night for amounts under $500 and should arrive by tomorrow.

The next round of ACH will go out tonight and will include the rest and over 1k transactions, should arrive by Friday.

Dwolla payments should arrive by tomorrow as well.

Thanks for your cooperation, patience, and understanding as we work to shift our reserves around in response to PayPal freezing a good chunk of our payouts.

Also waiting on a Bitcoin -> ACH transaction, paid for on June 3. I've had a Dwolla -> ACH transaction go through, that was initiated Monday, but this BitcoinExchange transaction is taking longer... Can I be informed of the progress?

I am waiting on a Mt Gox to Direct Deposit transaction that was started last Friday. I told would be delivered on this past Monday and has not arrived yet. I left messages on IRC and here on the forums yesterday and have not received any response yet. Gribble bot says he has not been on IRC since I last spoke to him Sunday. The forums say that his last logon was 0600 UTC this morning.

This is my first good sized transaction, so I am a bit worried also. I selected Bitcoin Exchange due to the positive responses in this thread. I hope everything is ok.

Excuse me for being a total newbie in this whole world. I got some bitcoins and need to get them exchanges to euros through WU. What exchange rate would a service like this use for a such transaction? Hope someone will help me understand this whole thing a little better

Yeah I'm waiting on a PayPal transaction from right before it got frozen. He's been good in the past so I'm not too concerned, just a little impatient since we are talking about money of course lol. I'm sure the current spike to 30$/btc has been keeping him busy too.

Dunno what happened to my post, so I'll ask again, maybe I forgot to hit 'save'
 
If someone gets money from Western Union, is that taxable as income?  (in my case it'll be around $200)
 
If it is taxable, is there an amount where you don't have to report it?  If so is this a daily amount, or is it per year?
 
Thanks!

x2, I am still waiting for my transaction to be completed (Mtgox for Paypal) from Friday.  I had a great experience prior to this so I am hoping to just chalk this one up to the whole Paypal issue but the delay is a bit concerning.   

Edit: Issue has been resolved. 

You can use this guy to buy bitcoins with your Visa/MC up to $200 for little fees

Go to www.buywmz.com
Get a WMZ card
Send BitcoinExchange the codes
????
Profit

Works with $USD/EUR/UAH cards only

Can someone tell how the debit cards work, are they physical or electronic?  Can you use them in an ATM?  I was thinking of getting a debit card to order something for in-store pickup for BestBuy, but BestBuy requires you then to bring in your ID as well as the card that you used to purchase it.    So if it's electronic only, I don't think that would work. 
 
Otherwise i'll do western union and just try to find a BB with my item in stock

The fee's don't appear to be that high, I wouldn't mind seeing Paxum either.

seriously? Dang. I wonder if speed of service has to do with location? I sent my order a few nights ago and I'm still waiting on my Western Union MCTN. Posts like yours keep me hopeful that Bitcoinexchange is merely swamped with requests, and my order is in the shuffle. I chose BitCoinExchange for my first BTC transaction, so I'm a little nervous ;^^ but I see great feedback all over the forums for them, so I don't think I have much to be worried about.

Just had my first experience, whole transaction complete in under 4 hours. Very pleased, will do business again. I just wish there was a WU/MG like service without the ridiculous fees.

Coming soon!