I have to say, I am very excited about this. I was in such a rush to buy Stablecoin, that this morning, instead of bringing my Scottrade brokerage check to the bank, I borrowed hard cash from a friend so that the online funds would be available to me to transfer into coinbase and into bitcoin and then into Stablecoin right away.
Needless to say, I was very surprised to see coinbase still had a 4 day wait period to purchase bitcoin, so I placed an order on localbitcoins, which I never used before, went to another bank branch (I didn't want to look awkward depositing and then withdrawing 1,000 dollars within an hour), went to the Bitcoin seller bank, and as soon as I deposited it I confirmed, and I had my bitcoin in my account by the time I came home.
Then I sent it to Cryptsy, and after 10 confirmations I still didn't have the bitcoin. Then Cryptsy started crashing and I started getting worried, and then it went offline for about 20 minutes, but came back with very fast servers.Finally, after 3 and a half hours since the initial transfer to Cryptsy, I had the bitcoin, and then sold into Stablecoin. About 90% of my order has gone through, although I no longer expect to obtain the remaining 10% at such a low price as the Cryptsy crash helped to drive prices down. Needless to say, the value increase in the past hour has netted me over $80, and I'm very happy :-D
It is my belief that the most highly valued currencies are only like such currently because of speculative name recognition, and that Stablecoin has everything necessary to be adopted for long-term use by the cryptocurrency community.
Best of luck, guys!
Remember to be patient mate, looks like stablecoin is slowly shaking out the weak hands day by day.