Anyone Used Bitcoin.in.th Yet?

[trunknuk]

What's your experience with them? Turn around time?

Everytime I check they seem to be out of BTC, but for sellers, seems you can use them to get money into THB.

[technologybytes]

I was just about to try them myself as bahtcoin dot com are also out of stock.

Anyone got any experience at all of buying or selling bitcoin in Thailand??

[technologybytes]

Just to follow up... I just decided to give bitcoin in th a try, so I bought 1 BTC for 4300 baht.

As requested I paid the money via their Siam Commercial Bank (I did that at a nearby ATM).

After clicking a link and confirming that I paid stating the time of the payment, It says the bitcoin funds should be transferred within 24 hours, I'm hoping it will be sooner because assuming that it's successful I'll be buying some more.

Lets see what happens.. I know it's possible that I'm being scammed, but it'll be an education either way..

[trunknuk]

I've just sold 1 BTC with them. Should have 3736 thb coming my way.

Order Placed on: 01/05/2013 20:46:57

Lets see how long it takes.

[trunknuk]

Funds sent to you on: 01/05/2013 21:34:13

So yeah, it worked. Cashed out in less than an hour. Not sure I'm ready to do large amounts, but little chunks are easy to do, and you prevent against loss.

[BeastOfBodmin]

I just checked and both those sites have a huge buy/ sell spread.

Sent from my Transformer Prime TF201 using Thaivisa Connect Thailand mobile app

[Maestro]

Apparently, bitcoin.co.th suspended trading on 29 July 2013.


Source: https://bitcoin.co.th/trading-suspended-due-to-bank-of-thailand-advisement/

Sent from my Nexus 4 using Thaivisa Connect Thailand mobile app

[Maestro]

I just checked and both those sites have a huge buy/ sell spread.

Perhaps traders need a wide buy/sell spread because of the high price volatility. Six-month High/Low is USD 266.00/18.00

Source: http://btcwtf.com/

[Lite Beer]

Bitcoins banned in Thailand

http://www.thaivisa.com/forum/topic/657170-bitcoins-banned-in-thailand/

[Neeranam]

On 4/27/2013 at 8:31 PM, technologybytes said:

Just to follow up... I just decided to give bitcoin in th a try, so I bought 1 BTC for 4300 baht.

It will be worthless in a few years ???? 

[Jenkins9039]

lol

[Neeranam]

On 5/1/2013 at 8:54 PM, trunknuk said:

I've just sold 1 BTC with them. Should have 3736 thb coming my way.

Order Placed on: 01/05/2013 20:46:57

Lets see how long it takes.

If you had waited 8 years, you could have got 2 million.

Good lesson for anyone thinking of selling at 785,000.

[Neeranam]

On 7/30/2013 at 4:32 AM, Maestro said:

Perhaps traders need a wide buy/sell spread because of the high price volatility. Six-month High/Low is USD 266.00/18.00

Price volatility doesn't matter when you wait a few years. 

 

$18 - $266 seems insignificant to   $16,000 - $69,000 in less than 10 years. 

 

 

[Seppius]

Just missed breaking the next resistance at 23,834 today. Onwards and upwards