BITCON... WHY its totally FLAWED

Discussion in 'Digital Currencies' started by 1for1, Aug 6, 2012.

  1. Revils

    Revils Well-Known Member Silver Stacker

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    Mt. Gox started as Magic: The Gathering Online Exchange for playing cards.. why not SilverStackers as the largest Bitcoin forum?
     
  2. Load of Bullion

    Load of Bullion Well-Known Member

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    :lol: ...unless silver gets it's butt out of neutral and into 1st gear...who knows :/
     
  3. Load of Bullion

    Load of Bullion Well-Known Member

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  4. pro$pector

    pro$pector New Member

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    This worked out rather well overnight!!! :cool:
     
  5. Load of Bullion

    Load of Bullion Well-Known Member

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    A rather impressive five day chart. Bitcoin took a breath, now the trend continues...

    [​IMG]
     
  6. tozak

    tozak Well-Known Member Silver Stacker

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    Been asked b4 but cant find the post

    Where is the best place to trade BTC for LTC?
     
  7. whinfell

    whinfell Well-Known Member Silver Stacker

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    Try BTC-e - https://btc-e.com/
     
  8. tozak

    tozak Well-Known Member Silver Stacker

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    I found them but are they any good? How do they take a fee?
     
  9. whinfell

    whinfell Well-Known Member Silver Stacker

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    I've never tried depositing funds into BTC-e.com - just transferred BTC and LTC in and out.
     
  10. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    I wouldn't bother trying to get $$$ into BTC-e, it's a nightmare and just doesn't work.
     
  11. tozak

    tozak Well-Known Member Silver Stacker

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    I want to transfer BTC into BTC-e and convert out to LTC, I take it there fairly legit?
     
  12. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Oh, well, they're Russian, so inherently dodgy (no offence), but I've had some LTC in there for yonks and it's never been touched...
     
  13. Load of Bullion

    Load of Bullion Well-Known Member

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    BTC-E: They take a fee on trades. It is O.2% currently.
    The interface is quite user friendly, IMO. I only do the basics though. I'm not sure how to set bidding prices like Prospector is doing (I'm not sure where Prospector does that).
    I'm not even sure if that can be done on BTC-E?. I've had no problems at BTC-E and I've been there since around March/April 2013.
    Trading the various currencies is simple enough on BTC-E. USD/Russian dollar/Euro/BTC/LTC/NMC etc....
    ** I basically sent BTC's to my BTC-E Bitcoin address. I have purchased Bitcoins via vendors at Localbitcoins.com .
    It is probably much cheaper to buy at the exchanges but I've never gotten around to it!.

    I have not used Mt. Gox or other exchanges.

    Jump in, grab some Bitcoins + Litecoins...just know you've entered the wild west of currencies and things can get rocky... :cool:
     
  14. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    They make you wait 3 days after BTC->LTC transfer, before you can get LTC out of their system.

    They don't want you to use them, and then abuse them :p
     
  15. tozak

    tozak Well-Known Member Silver Stacker

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    Should my LTC wallet always say "17 hours behind" ?
     
  16. whinfell

    whinfell Well-Known Member Silver Stacker

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    The 3-day limit is for new accounts, so once your account is older than 3 days, you shouldn't have a delay.
     
  17. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Yup, "Sorry, new users should wait 3 days after registration, to procces withdraw"
     
  18. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    No, it should be connecting to other nodes and updating the block chain
     
  19. tozak

    tozak Well-Known Member Silver Stacker

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    The blockchain is progressing but its progressing so slow it's not advancing in time, should I wait a couple day to see if it catches up or wipe it and install from scratch?

    Bit confused how to install from scratch though now I have encrypted the wallet as there is no longer a wallet.dat file to backup?
     
  20. Emanance

    Emanance Guest

    Any links to the most definitive FAQ or Wiki on Bitcoins?
     

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