I expect there will be better attendance next month - Skull camp may have
occupied some interested parties. :-)
On Aug 17, 2013 5:56 PM, "Mark Jenkins" <[email protected]> wrote:
> At 2pm I'll be running a live ("satoshi square") Bitcoin market
>>
>
> Here's how it went.
>
> There was one seller (Skullspace) and three buyers, including myself the
> buyer of last resort. Other two buyers were at separate times, one barely
> caught me as I was going to leave.
>
> Hopefully better promoted and attended next month, wasn't expecting too
> much this month.
>
> I've given Skullspace a cheque for $139.64 on 1.4 BTC sold. That's an
> average rate of $99.74 CAD/BTC on all this.
>
> Exchange rates are pretty wildly divergent between different exchanges
> right now. If you're looking at something like mtgox as of 2pm today,
> $99.74 CAD seems pretty low by comparison. But on an amount this small, the
> biggest transaction cost ends up being the international wire fees to get
> it out of there -- at least $21 CAD (2000 YEN) taken off by their bank, and
> possibly more along the way. Plus all the hassle of setting this up, and
> worry while waiting (wire transfer voodoo that can go wrong).
>
> And $99.74 CAD is nicely above where Canadian exchanges, cavirtex.com and
> canadianbitcoins.com were sitting around 2pm.
>
> canadianbitcoins.com has a free withdrawl method of cheque in the mail,
> but they get you on their buy/sell spread, sell rate $86.10 as of right now.
>
> cavirtex has a $6 fee direct deposit withdrawl and 1.5% they take out of
> the trade -- looks like it was around $92 CAD/BTC around 2pm today.
>
> ______________________________**_________________
> SkullSpace Discuss Mailing List
> Help:
> http://www.skullspace.ca/wiki/**index.php/Mailing_List#Discuss<http://www.skullspace.ca/wiki/index.php/Mailing_List#Discuss>
> Archive:
> https://groups.google.com/**group/skullspace-discuss-**archive/<https://groups.google.com/group/skullspace-discuss-archive/>
>
_______________________________________________
SkullSpace Discuss Mailing List
Help: http://www.skullspace.ca/wiki/index.php/Mailing_List#Discuss
Archive: https://groups.google.com/group/skullspace-discuss-archive/
