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Personally I can buy coins immediately on the "major" exchanges (re:highest volumes here: http://bitcoincharts.com/markets/ )
Easiest is using Dwolla on Gox or Banks (in person dep) ACH-w/d on bitfloor.. things like that but:
other currency trading sites use OKPay or some russian thing where I have to click on ANOTHER screen with their "partners" to deposit $ on there with yet ANOTHER set of requirements - all with like % fees etc. to actually deposit $ to trade ONTO their exchange.
sux.
Easiest is using Dwolla on Gox or Banks (in person dep) ACH-w/d on bitfloor.. things like that but:
other currency trading sites use OKPay or some russian thing where I have to click on ANOTHER screen with their "partners" to deposit $ on there with yet ANOTHER set of requirements - all with like % fees etc. to actually deposit $ to trade ONTO their exchange.
sux.
So I'm new to the forums and I piddled around with BTC lately - made few hundred $ off the crash..but I have found it really tough to get $$ on-and-off the existing exchanges - many with so many hoops to jump through and fees but mostly - having to send $ to some "exchange partner" where you have to exchange at a different partner provider to eventually be able to deposit in a 'normal bank' or whatnot.
Is this by design (launderers using this a lot in the past?) or what's up?
Especially - what is the EASIEST & CHEAPEST way to get $ off of BTC-e?
Is this by design (launderers using this a lot in the past?) or what's up?
Especially - what is the EASIEST & CHEAPEST way to get $ off of BTC-e?
Despite multiple DDoS attacks to the exchanges and following a major crash (THE major [1st ever] crash) - it's been remarkably stable past 1/2 day.
In the $70's @ BTC on most exchanges.
that's a good sign.
Personally, I'd keep a close eye on it and ride it out a bit longer, as exchanges harden their infrastructure and people are feverishly coming up with new creative ways to push BTC forward, following the crash (i.e. getting inventive with many people drafting P2P Exchange protocol https://github.com/p2p/bitcoin-exchange and actively SOLVING problems that caused the crash / ensuring the stability / viability of the currency)
In the $70's @ BTC on most exchanges.
that's a good sign.
Personally, I'd keep a close eye on it and ride it out a bit longer, as exchanges harden their infrastructure and people are feverishly coming up with new creative ways to push BTC forward, following the crash (i.e. getting inventive with many people drafting P2P Exchange protocol https://github.com/p2p/bitcoin-exchange and actively SOLVING problems that caused the crash / ensuring the stability / viability of the currency)
