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Showing 20 of 151 results by c0dex
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Re: DID COINBASE ALSO SUSPENDED BITCOINS SALES PAYMENTS???
by
c0dex
on 14/02/2014, 06:53:00 UTC
I'm not withdrawing coins, I sold bc and the sale shows pending until next thursday.

I purchased and withdrew 1 bitcoin today from Coinbase.  The entire transaction took less than a minute from purchase to withdrawing the bitcoin to an external address.

Ok, but OP sold a coin so that was fiat going from Coinbase to the OP's bank. Yours was btc going from Coinbase to your external wallet. Different things.

No, they are not different; when you purchase the allowed 1BTC after the verification steps, it is guaranteed by the credit card on file until it clears your bank account, and with the speed of ACH these days it is almost an instant transaction with your bank behind the scenes.  The delay in it appearing in your bank account as an ACH withdrawal is a security step done by both banks to ensure that the bank accounts are real and funds are actually present and not the result of you defrauding your bank with a bad check or a dubious money order scam.

When the bank account was verified by each member of the site, it was a statement of mutual trust between you and Coinbase (They can deposit and withdrawal any amount present at any time -- A good reason to only associate an account that you keep nothing in.)

The OP was withdrawing coin from Coinbase to his/her bank account. This takes 3-4 business days. We were not talking about the "instant buy" that you can do when you've linked your credit card.

Yes, when you sell bitcoin, the resulting fiat gets deposited into your bank account via ACH (aka the fiat gets /withdrawn/ from your Coinbase account).
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Topic
Board Bitcoin Discussion
Re: Silk Road 2.0 hacked through malleability, ~4000 BTC STOLEN
by
c0dex
on 14/02/2014, 06:34:59 UTC
Christ, reading this it's like Occam came to bitcointalk and traded in his razor for a plastic spork.

No shit.  And then tried to shave with it.  Is there seriously anyone here who believes this cock-and-bullshit story?

Also, there are still people out there stupid enough to treat an anonymous site exclusively operating for the purposes of criminal activity as a goddamn online wallet?  Are these people retarded?  How many times do they have to learn this lesson?

People believe what they want to believe, even though it isn't always reality or truth. Greed is also a strong motivator which I'm sure is a huge part of why people will continue to trust those places (though they should not).
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Board Service Discussion
Re: DID COINBASE ALSO SUSPENDED BITCOINS SALES PAYMENTS???
by
c0dex
on 14/02/2014, 06:07:57 UTC
I purchased and withdrew 1 bitcoin today from Coinbase.  The entire transaction took less than a minute from purchase to withdrawing the bitcoin to an external address.

Ok, but OP sold a coin so that was fiat going from Coinbase to the OP's bank. Yours was btc going from Coinbase to your external wallet. Different things.

No, they are not different; when you purchase the allowed 1BTC after the verification steps, it is guaranteed by the credit card on file until it clears your bank account, and with the speed of ACH these days it is almost an instant transaction with your bank behind the scenes.  The delay in it appearing in your bank account as an ACH withdrawal is a security step done by both banks to ensure that the bank accounts are real and funds are actually present and not the result of you defrauding your bank with a bad check or a dubious money order scam.

When the bank account was verified by each member of the site, it was a statement of mutual trust between you and Coinbase (They can deposit and withdrawal any amount present at any time -- A good reason to only associate an account that you keep nothing in.)

The OP was withdrawing coin from Coinbase to his/her bank account. This takes 3-4 business days. We were not talking about the "instant buy" that you can do when you've linked your credit card.
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Topic
Board Service Discussion
Re: DID COINBASE ALSO SUSPENDED BITCOINS SALES PAYMENTS???
by
c0dex
on 14/02/2014, 05:41:18 UTC
I purchased and withdrew 1 bitcoin today from Coinbase.  The entire transaction took less than a minute from purchase to withdrawing the bitcoin to an external address.

Ok, but OP sold a coin so that was fiat going from Coinbase to the OP's bank. Yours was btc going from Coinbase to your external wallet. Different things.
Post
Topic
Board Service Discussion
Re: DID COINBASE ALSO SUSPENDED BITCOINS SALES PAYMENTS???
by
c0dex
on 14/02/2014, 05:33:08 UTC


This is normal. It usually takes them 3-4 business days before the sale is credited to your withdrawal account.
Post
Topic
Board Speculation
Re: HUGE PLUMMET TOMORROW!
by
c0dex
on 14/02/2014, 04:47:41 UTC
BitcoinSteve was behind the SR theft too.

honestly had this thought too
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Topic
Board Speculation
Re: I warned you all
by
c0dex
on 14/02/2014, 03:33:00 UTC
And how about 'predicting' the DDOS attacks 24 hours before they started?

Did you pay BitcoinSteve his 1 BTC?

Last night, our friend BitcoinSteve was going to tell me "the news" --but only if I paid him $100 first.
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Topic
Board Speculation
Re: I warned you all
by
c0dex
on 14/02/2014, 03:18:35 UTC
And yet you won't tell us what it is that you know.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
c0dex
on 13/02/2014, 21:17:03 UTC
Thirded.
Post
Topic
Board Bitcoin Discussion
Re: Silk Road 2.0 hacked through malleability, ALL FUNDS STOLEN
by
c0dex
on 13/02/2014, 19:56:41 UTC
What a load of shit from a faceless, petty prick in a long line of them.
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
c0dex
on 13/02/2014, 19:44:03 UTC
Not unless it's a fluke like that last brief $100 btc-e grab.

It's the guy who foretold that fluke last time. Just saying. Grin

It's also the guy who demands donations (of at least $100) if you want to know his "inside info."
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
c0dex
on 13/02/2014, 19:40:35 UTC
BitcoinSteve said we would hit the 500s on BTC-e/Bitstamp today, so far he was right. What if he is right about the sub-100s coins by Friday.  Lips sealed

Not unless it's a fluke like that last brief $100 btc-e grab.
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
c0dex
on 13/02/2014, 17:33:48 UTC
Anyone else feeling like it's only a matter of time before the heavy dumping starts today?

Going back to 200$ this is obivous. Maybe even lower. Bitcoin is broken, it's a bubble and also bitcoin is useless.

Then why are you here? This is BITCOINTALK, no? You prefer Ripple, I see.
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Topic
Board Legal
Re: Everyone Panic. There's a lawyer among us. [FinCEN Walkthrough on p2]
by
c0dex
on 13/02/2014, 17:26:13 UTC
There have been some cases where people were charged with money laundering or running an unlicensed money transmitting business, and those cases involved selling BTC, but it wasn't alleged that selling BTC is illegal by itself.

FWIW the guidance has, since last March - May, suggested that if you are selling BTC for USD as a business, you must register as an MSB with FinCen. Additionally, you might need the appropriate state licenses depending on the details.

If you're just doing small trades as a trader for yourself, and not as a business, you might not have to, but I would certainly talk to an attorney!
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Topic
Board Speculation
Re: And the Downfall continues
by
c0dex
on 13/02/2014, 08:10:16 UTC
How are you figuring it goes from $500 to $100? Or are you just guessing the same thing that happened on btc-e the other day will happen again?
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
c0dex
on 13/02/2014, 02:18:39 UTC
Poor Mt.Gox, close to its low again.

i hadn't looked at the gox chart in a while, my god does it ever look ugly

That's a glimpse of the future @ stamp
Sub 500$ coins are in a few days overpriced.
Poor souls that bought too high.

Posts like this are useless with nothing to back them up.
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
c0dex
on 12/02/2014, 00:06:54 UTC
Getting Bitstamp's DDoS-protection page saying it's down.
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
c0dex
on 11/02/2014, 22:49:34 UTC
Bitstamp seriously slow for me right now.

It's still trading as is BFX.

Briefly giving me an error page, but Bitstamp seems to be back.
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
c0dex
on 11/02/2014, 22:46:35 UTC
Bitstamp's down ATM.
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
c0dex
on 11/02/2014, 22:44:34 UTC
Bitstamp seriously slow for me right now.