Post
Topic
Board Service Discussion
Re: Arbitrage possibilities with the indian exchanges
by
ZonedOutDad
on 26/12/2016, 08:16:28 UTC
Stoner is one lucky bastard

Just wanted to shout out that I personally got hit by this and was convinced by stoners version of events.
Reporting my experience, I initiated a 0.5 BTC trade but got a odd request to send an additional 1.5 BTC to top-up the trade to 2 BTC as "due to high volume trades we have increased the minimum".

After soul searching and reading stoner posts, Topped-up the 1.5 BTC as requested and BTC India reverted "it was strange it didn't go though... actually our systems needs you to transfer EXACTLY 2.0 BTC".

After a bit of back and forth, they said "we can request a refund if you'd like", after which they went dark.

I'm not one to defame others but if you're reading this, condsider yourself warned. The BTC India website is still up, and I intend to update this if things turn for the better. To anyone who's read this thread and intends to test the waters: No update = this was a total loss.