Post
Topic
Board Speculation
Re: Pump and dump.
by
Xer0
on 01/06/2014, 09:41:18 UTC
Bank transfer (ACH/wire/SEPA/etc) - 3-4 business days + big fees

Bitcoin - instantly received, spendable within 30 minutes to 1 hr. transaction fee of roughly 5 cents
nah, cant sign that, bro

first: SEPA is free and takes 1 bank day

snd: BTC's low fee is only valid when you think in Bitcoin
if the amount sent has to be received in FIAT, there can be losses even bigger then all your competitors called. most exchanges dont deposit before 6 confirmations, which is long time for an always movin market. and there are the exchanger fees and price difference between sender/receiver market