Silk Road forums
Discussion => Security => Topic started by: GreenGiant on January 26, 2012, 03:01 pm
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OK so apart from using aurumxchange or attempting to sell BTC on Tradehill for LR, how else can i change large quantities of BTC into LR$?
5BTC to the advice that works
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OK so apart from using aurumxchange or attempting to sell BTC on Tradehill for LR, how else can i change large quantities of BTC into LR$?
5BTC to the advice that works
www.wm-center.com they take a 5$ fee and a % but I use them :) usually takes 2-3hrs
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thank you for the information, due to the recent drop in BTC, sadly this is not a viable option at the moment fee's are just a bit to high & i'd be getting less than i need. might have to hold out for aurumxchange to start taking codes again. If BTC would jump back to 6.25 i'd be a very happy man :(
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thank you for the information, due to the recent drop in BTC, sadly this is not a viable option at the moment fee's are just a bit to high & i'd be getting less than i need. might have to hold out for aurumxchange to start taking codes again. If BTC would jump back to 6.25 i'd be a very happy man :(
once it bounces back wm-center will fix the rate up a bit.. I use them alot but I do notice the fees charged
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Although new, I *have* noticed a trend in BTC fluctuation. I notice it drops mid-week, and raises towards end of week. Usually highest on Sunday's. I've taken to watching Mt.Gox lately, and have noticed BTC worth is higher when they have more coin, and lower when they have less....this is also sensible in that they wouldn't want to buy at higher prices and sell at lower. But I can *almost* guarantee on Wednesday's that Gox will have less then 100K in their account, and on weekends a few hundred K. Again, I know nothing. these have just been observances over 2 months.
Why not just use bitinstant to transfer your BTC into hard cash and put it in your bank account? BTC is still legal to buy and sell, right?
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withdrawing BTC into my hands is not an option
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Although new, I *have* noticed a trend in BTC fluctuation. I notice it drops mid-week, and raises towards end of week. Usually highest on Sunday's. I've taken to watching Mt.Gox lately, and have noticed BTC worth is higher when they have more coin, and lower when they have less....this is also sensible in that they wouldn't want to buy at higher prices and sell at lower. But I can *almost* guarantee on Wednesday's that Gox will have less then 100K in their account, and on weekends a few hundred K. Again, I know nothing. these have just been observances over 2 months.
Very interesting stuff...I just converted a load of BTC's into LR the other day using WM-Center, re-upped with more BTC's and now i'm in a similar position as GreenGiant, I guess what your saying is hold out til the weekend and exchange again.
I'll be keeping a eye on the market thats for sure :o