Post
Topic
Board Speculation
Re: Pump and dump.
by
Ibian
on 01/06/2014, 14:08:42 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
SEPA is not free in any bank I know of in this particular country, and it often takes 2-3 days. Price is about 4-50 bucks depending on bank and method.
what country are you in? SEPA was designed to be fast and free for all participating countries (EU+CH)

Denmark. They have been introducing ridiculous fees lately, dunno what it used to be. Also regular savings accounts get 0% interest. Zero. Not 0.025% like we used to, nothing.