Post
Topic
Board Speculation
Re: Pump and dump.
by
maok
on 01/06/2014, 13:43:16 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


I sent a SEPA payment on friday night, fees were included, the receiver has to wait till monday afternoon or tuesday to receive it. Using bitcoin that would've be done in minutes depending on first confirmation, and if i have no time schedule I could send the btc transfer with no fees which will last couple of hours for the receiver to get it, with no costs. One word: evolution