Silk Road forums

Discussion => Silk Road discussion => Topic started by: AnonymousAddict on April 13, 2013, 06:17 am

Title: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: AnonymousAddict on April 13, 2013, 06:17 am
Ok soo iv been off the road few mnths and im hear bad things about BitinatNT and thats the only place the whole 9 mnths iv been here iv ever used with no iisssues.



Os it safe t0o use or not? any one used it in the lastt week?
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: carradinesawake on April 13, 2013, 06:24 am
Worked the same as always for me Wednesday morning
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: eerva on April 13, 2013, 07:04 am
There have been many reports in the last few weeks on bitcointalk and these forums of people not receiving their money or BTC on Bitinstant. A quick search for the term on either will bring up some of the posts.

I'd use another exchange.
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: Rent0n on April 13, 2013, 01:51 pm
i personally have not had any problems, last used last week ;)
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: princeblack49 on April 13, 2013, 03:20 pm
I used them last week. Took much longer than I was comfortable with but nonetheless I got my BTC. I'd like to find a market that doesnt take such a high fee for direct to wallet. Anyone try Bitcopia??

Everyone is in a panic about prices dropping. I think buying while they are low is a good idea. I wonder what the botton will be?
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: eerva on April 13, 2013, 04:51 pm
Here's a thread where someone had a bad experience: http://dkn255hz262ypmii.onion/index.php?topic=108920.0;topicseen

Others posted in the thread, though, saying it worked fine. So I guess YMMV.
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: AnonymousAddict on April 13, 2013, 08:06 pm
Yea i read some post about ppls loosing money.. I just wanted to know if it had happen recently.. Thats my only way of getting coins, the place i deposite cash is only 5 min from me.

I cant seem to find any other exchange with any of the banks they use near me. Im from pretty  much a small town and only a few banks here, and the major ones are almmost a Hour away.

Iv got plans to put a large sum on here from my taxes through bitinstant. but i think i will try out small first and just keep reloading small amounts til im loading up to where i wanna be.

iF any of you know of any other plce like bitinstant that can send direct to address and dont have to use a bank please tell me..Its worked great 9mnths for me here.. I hope it doesnt fall off..

And i think the biotcoin fall is a good thing as well like someone else said, because we all know they we rise again at some time. I was buying them when they were 5 and 12 bucks. I spent 200 when they were 12 each and got locked up a cple mnths came back and had a nice chunk of money in my account..

aNYWway we will all make it, weve been here this long, we wont be stopped now..
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: cantharidin on April 13, 2013, 08:47 pm
I bought some coins yesterday through Bitinstant and it worked, but there was about a 4-5 hour delay before the coins showed up. Coincidentally or not, that meant I got the price just as it hit a local high ($120), so I got screwed. That's the last time I use Bitinstant to actually buy coins. Next time I'm transferring cash to Gox or BTC-e and be able to pull the buy trigger when *I* decide it's the best time.
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: RS7FI8ZRkm on April 14, 2013, 01:54 am
been using virwox. they charge little more but you dont need a bank account. :)
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: dopeboyz on April 14, 2013, 03:20 am
bitinstant to mt.gox can be sketchy at times. i've ran into problems where my money wasn't showing up in mt.gox but for some reason it showed up in an mt.gox redeemable coupon that was no where for me to find it at without support telling me i had a coupon..
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: Spiral Eyes on April 14, 2013, 03:52 am
Well, I'm still waiting after 16 days for my funds. I could link you to a forum I'm involved in where there are over 250 pages in one thread from people like me who have to chase our money. We're all going back and forth, over and over with the forum BI support rep. Some people have gotten their money and it does appear that finally people are getting their coins. It's sad though that people who had lost their deposits only 2 days ago got resolution, while I've been waiting over 2 weeks. You'll be taking your chances with BI right now, but it does appear new transactions are going through. But be warned, they may just choose to hold your money to pay people like me who have been waiting forever, with MINIMAL support response. Good luck
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: kobewim on April 14, 2013, 04:04 am
I would advise against it.  I made an order for cash to bitcoin address that did not go through.  I contacted support hours later and they credited my account for a fraction of the proper amount.  I was sent less than half the correct amount of bitcoins, an amount far less than any of the market rates for the entire day.  I am still in the process of getting that sorted out.

It may work better for going directly to MtGox.  I dont have that.  My preferred method is to bitinstant to bitstamp, which has never failed.  However that option is still not available.
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: Spiral Eyes on April 14, 2013, 04:18 am
Use Bitfloor whenever possible. That's my advice
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: ChemCat on April 14, 2013, 02:15 pm
i'm just one person...been watchin people cry about bitinstant...

the day of the BTC balloons deflation i made three $500.00 transactions...  i use bitinstant off and on..mainly when i see people complain about them  LOL
anyhow..like i said...i am just one person...that doesnt seem to "get robbed"   by bitinstant...
wow  i am rambling  LOL  time for more coffee and a joint  :P

i guess wut i'm tryin to say is quite simply this...if anyone is gonna use bitinstant...and yur coins dont get here in a timely fashion...then please...follow all channels to get your coins...dont come here and complain then do nothing  (rolls eyes)

Also...i've pumped alot of coin over the past week to newbies in need... if ya have spare coin to give to newbies please follow the Compassion Fund in my sig  :)
large portions of the donations will go to Newbies-In-Need  :)  i will keep a small portion for taking the time to deliver
the needed coins  ....



Peace,

ChemCat

O0

































P.S.

This has just been my morning rant  LOL
please do not take any offense at my words..if this had been an actual emnergency..you would all be fucked 
LOL
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: Spiral Eyes on April 14, 2013, 02:22 pm
I awoke this morning to find that BI has finally processed my funds . I'm a little disappointed that I was still charged BI fees and that I know have to pay $100 per btc rather than the $85 it was if my deposit had been processed correctly. Oh well, I'm happy to finally have my money.
  To anyone with bitinstant trouble, follow this thread:   https://bitcointalk.org/index.php?topic=128314.5400

 Thank you to the SR forum member who pointed me to it. Not sure if I'd have gotten my money back without you. New deposits with BI appear to currently have about a %25 chance of failure, according to their support rep.
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: AnonymousAddict on April 14, 2013, 05:55 pm
Still 25% is not acceptable in my eyes// We are demanding millions of dollars worth of business from this company. U would think with all the capital they have made ,they could put together and system that is full proof better than a u may or may not get..Or its possible there is a chance you could loose your money.. Thats bullshjit if u ask me..


If it wernt for us there would b e no bitinstant, And i find another site like bitinstant with the bitcoin to address options with out having to use  a major bank or use a ID and all im stuck with bitinstant, I guess i could use Sugar moma on here or one of the other btc vendors, but i always felt they charged waaay to much interest..

Im gonna check out the site someone mention in a few posts back that said no banks needed..

For those of us use to bitinstant lets hope they get their shit fully together.. I have never had a issue and never waited longer than a full hour, BUT iv been away from the SR forr a month or two and coins are going nuts as well as the coin dealers..

I think SR should offer another payment options since bitcoins cant get their shit right, well the sellers its not the coins. Do u all think like Buying prepaid cards or money packs and paying straight to your account would be a good option?  Allot of changes would have to be done to have that option but i think it would be great for us members.. Buy money packs come home get on the site go to your account load the card to a set up like prepaid card system but built into sr...

I dunno sounds good when i think of it..
Title: Re: So is Bitinstant Ok to use or not? iV been gone a while.need to knoe
Post by: BloodThinner on April 14, 2013, 10:29 pm
Seems fine to me.