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Old Yesterday, 08:16 AM   #19051
cneuy3
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Re: Bitcoins - digital currency

Posted on the WPN thread my problem but basically I'm trying to avoid the large forex fees that neteller would charge me to wire withdrawal to my Thailand bank account. Neteller states they cannot send in dollars which my account is in so they force a conversion to Euros at almost 4% before initiating the wire. Then it's converted again once it reaches Thailand.

I realize that many people do P2P transfers for this reason but I was wondering if there are ways with less risk involved online. Googling it I found two bitcoin exchanges which seem to be partners with neteller. The one is Bitpanda and the other is CoinCorner. Unfortunately neither of them seem to be open for someone from my country of Thailand.


Are there any others out there or rumours of ones to be opening in the future? That would be amazing for many of the players stuck in my boat. An exchange that allowed it's customers to deposit in Neteller $ and buy bitcoins on the open market.
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Old Yesterday, 08:56 AM   #19052
Pinkmann
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Re: Bitcoins - digital currency

Transferwise imo, unless there is some issue that prevents you from sending to them.

https://transferwise.com/
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Old Yesterday, 09:31 AM   #19053
ZenForest
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Re: Bitcoins - digital currency

US court allows IRS to demand identities of Coinbase users

http://calvinayre.com/2016/12/01/bus...oinbase-users/
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Old Yesterday, 09:36 AM   #19054
ZenForest
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Re: Bitcoins - digital currency

Quote:
Originally Posted by onemoretimes View Post
**** BTC is strong like Bull! The fact it's rising like it is and the halving was 6ish months ago also says something. Still a long time until the next halving. If it continues to tick up over the next 3 years then halving kicks in, who the hell knows what it'll be at.
What does it say ?

What is "halving" ? (as it relates to a commodity or stock price ?)
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Old Yesterday, 10:10 AM   #19055
housenuts
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Re: Bitcoins - digital currency

Quote:
Originally Posted by ZenForest View Post
What does it say ?

What is "halving" ? (as it relates to a commodity or stock price ?)
Every 4 years the amount of btc earned by miners for creating the next block is halved.

It started out at 50 new btc roughly every 10 minutes, then 25, and a few months ago it went down to 12.5.

This means miners are essentially earning half of what they did before. They need to pay for equipment and electricity so it makes sense that upon halving the price of btc will increase.
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Old Yesterday, 07:30 PM   #19056
ZenForest
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Re: Bitcoins - digital currency

Quote:
Originally Posted by housenuts View Post
Every 4 years the amount of btc earned by miners for creating the next block is halved.

It started out at 50 new btc roughly every 10 minutes, then 25, and a few months ago it went down to 12.5.

This means miners are essentially earning half of what they did before. They need to pay for equipment and electricity so it makes sense that upon halving the price of btc will increase.
Thank you !
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