Supply/demand.
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The Bitcoin Thread
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Supply/demand.
Dan C
Honorary Master
Yup, wanted to get some litecoin too, but the money transfer taking ages.
Dan C
Honorary Master
Ice3x
randomwalsh
Expert Member
yeah also having a long wait. send btc from luno to Ice3x at around 1pm and still hasn't shown up in Ice3x account yet.
Took its damn time! :crylaugh:
Finally managed to double my buy-in price on it. Hope it takes off with Bitcoin taking so long to clear.
Up to 9,000 now
Arbitrage ??
Work your fees out. You probably find its not worth the effort.
Tman*
Executive Member
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Been there, done that.
you can forget about it if you purchase with a credit card - its not worth it.
You can do it, if you have a relative/close friend living in the US for example with a local bank account. Only problem is you have to push serious volume to make it worth it (margins are small), and it only takes one slight dip in die BTC price mid "buy & sell" to also wipe out that margin. Substantial capital risk, low margin = not worth it.
Vox Populi Vox Dei
High Tory
Thought you were going to not check the BTC and ETH prices while you were on holiday with the Missus
faniebraai
RIP
Ripple anyone
geecee
Active Member
ripples on fire, bleak I didnt get onto it to see the jump
Thought you were going to not check the BTC and ETH prices while you were on holiday with the Missus
Haha yeah that was the plan.
ETH hit R10k last night. Looks like the tech is working well and showing signs of promise.
As much as Bitcoin is going up I'm a little worried over its future. It's now functioning more like gold than a trade currency since nobody is using it to pay for stuff due to the value increase.
faniebraai
RIP
i got in at R3.45 but with very little, which is where my regret lies.
Thats so true! I barely have any an im Hodl'n like its all i know lol
Drifter
Honorary Master
Where did you buy Ripple? NMC was R45 yesterday, sitting ast R76 now.
AlphaJohn
Honorary Master
Haha yeah that was the plan.
ETH hit R10k last night. Looks like the tech is working well and showing signs of promise.
As much as Bitcoin is going up I'm a little worried over its future. It's now functioning more like gold than a trade currency since nobody is using it to pay for stuff due to the value increase.
Problem is Eth might follow Bitcoin, not complaining as I made a couple since last night.
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