Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
jam3zs
on 08/01/2014, 13:12:13 UTC
With this income, there is room for investing a part of it in building a loyal customer base, to build a lifelong business, not a one time off deal.

I wouldn't call this pool a business, a real business would at least have some kind of contact/address/registration information.

I think the whole mining pool scene is more of a wild-west fronteering situation I think..

Hmm.. Fronteering or frontiering? Judging from the urban dictionary entry for frontiering, definitely not that one Smiley

Surely there is no "frontiering" its just frontier. My spell check seems to think that way.

MtGox for some reason always seems to have the highest value BTC, but i dont see how because surely then people would just buy on the lower exchanges and sell on Gox and always level out the system.
mtgox pays better because you'll be waiting months on your payout.
At least compared to eg. kraken where I can get a payout in less than 24 hours and reinvest it quickly.

Surely you still get the price you cashed out at thou.
Why do they take so dam long, surely both the BTC and the cash is already there so u just exchange them, the only hard part is taking the fiat out of the system, because thats when laws and govs set involved, but BTC to fiat should be an eassy swap between two accounts.

Bitstamp seems to do it within couple of days, gox from what I've read takes very long. I'm not sure the problem is with banks, they should like to have new big customers, if you are a millions per month company, banks should be happy to get you - if one bank is too slow for your - you can change it. I'm not sure where the actual problem is.

Kraken has been next-day deliver so far for SEPA payments in my little group.


I have yet to make my first real life withdrawal from BTC to GBP. As I understand I'm probably going to have to use Kraken to do a SEPA transfer into Euro's? to my British Sterling bank account...

Could anyone confirm this (I have googled it but not had much luck

I've never done a SEPA payment before, so i wouldn't know where to begin but I guess if I phone my bank and give them the details from Kraken they'll know what I'm going on about?