Bitcoins/Litecoins/Virtual Currencies

Basically what a_skeleton_03 said, I built my rig from old pc parts and have maybe spent 120 bucks on vid cards and ram so if it hits the ground I'm ok with being out that much.

I'm interested in doing day trading once I get enough ltc in my wallets, seems like you can make a pretty good profit if you understand how it works by trading back and forth as one tanks and another starts to rise. Do we have anyone on here doing this and if so can you provide any tips?


EDIT: 1,000th post only took close to a year!

Is there a way to purchase BTC other than linking a bank account? Little bit wary of doing so, although I guess you have to in order to cash out. Hmmmm

Tirant_sl said:

Is there a way to purchase BTC other than linking a bank account? Little bit wary of doing so, although I guess you have to in order to cash out. Hmmmm

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The couple sites I looked at wouldnt even take US Bank transfers! (BTC-e and another one)

Kinda sucks I was looking at buying bitcoins yesterday at $750 a pop and they are already at $883 today. Seems its pretty damn difficult to get money into these exchanges. I cant fathom what it would be like trying to withdraw from them.

Jysin_sl said:

The couple sites I looked at wouldnt even take US Bank transfers! (BTC-e and another one)

Kinda sucks I was looking at buying bitcoins yesterday at $750 a pop and they are already at $883 today. Seems its pretty damn difficult to get money into these exchanges. I cant fathom what it would be like trying to withdraw from them.

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Have had good experiences with coinbase so far. I expect another bank wire to hit on Wednesday.

I've never had a problem moving money out of campbx. I use an ACH to my bank account. It costs $2.00 though. Used to use dwolla but they stopped transferring from bitcoin exchanges

Jysin_sl said:

The couple sites I looked at wouldnt even take US Bank transfers! (BTC-e and another one)

Kinda sucks I was looking at buying bitcoins yesterday at $750 a pop and they are already at $883 today. Seems its pretty damn difficult to get money into these exchanges. I cant fathom what it would be like trying to withdraw from them.

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Check out coinbase and don't worry man I got fucked way worse, I tried to buy in at 214/btc and they said I was to high of a risk to sell me 1 btc.

Jysin_sl said:

The couple sites I looked at wouldnt even take US Bank transfers! (BTC-e and another one)

Kinda sucks I was looking at buying bitcoins yesterday at $750 a pop and they are already at $883 today. Seems its pretty damn difficult to get money into these exchanges. I cant fathom what it would be like trying to withdraw from them.

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And $956 today! *sigh*

I will check out coinbase.

JPMorgan patents Bitcoin-like payment system - Dec. 10, 2013

This could spell doom for bitcoin!!!!! I wonder how much of jpmorgan's system is based on taking code from bitcoin and other crypto-currencies? Since jpmorgan is trying to patent their payment system, I wonder if they'll go after bitcoin and others for infringement?

Arative_sl said:

JPMorgan patents Bitcoin-like payment system - Dec. 10, 2013

This could spell doom for bitcoin!!!!! I wonder how much of jpmorgan's system is based on taking code from bitcoin and other crypto-currencies? Since jpmorgan is trying to patent their payment system, I wonder if they'll go after bitcoin and others for infringement?

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JPMorgan originally filed that patent in 1999.

LTC difficulty has gone up so high in the last week I went from making one coin every 24hrs to one coin about every 96hrs. Time for me to bow out of the race for now.

a_skeleton_03_sl said:

I want to take this moment to say fuck you to Butterfly Labs for losing $15k supposedly.....

These people are probably the most incompetent company on the planet.

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And that's why I didn't want to buy anything from them again

a_skeleton_03_sl said:

I want to take this moment to say fuck you to Butterfly Labs for losing $15k supposedly.....

These people are probably the most incompetent company on the planet.

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They lost your $15k!?

a_skeleton_03_sl said:

The banks say the wire transfer went through.

"BFL_Emily: We don't see the transfer yet, please be patient we will change the status of your order when we have received payment."

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I'm surprised they would take a wire transfer, last I read on them they were only accepting bitcoin for payment for preorders. But then I haven't really been following what they have been doing for the past 3 months or so

I have a friend that will defend BFL to the fucking end even though it took them over a year to send him his Jalapeno, not to mention all the other issues surrounding that company. I told him about your issue and he says you're lying, I almost had a brain aneurysm.

The Jalapeno did so little by the time he got it that he turned around and sold it. That being said I hope everything works out for you a_skeleton_03.