Bitcoin currency of the future?

rj144 said:
Are you serious?
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Zazen said:
Dude what is wrong with you? I thought we were cool.
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You're sensitive man. We are cool, please find the humor in a $27 investment.

There's nothing wrong with it, especially in a penny crypto market with extreme volatility.

I just thought it was funny because my fee to buy or sell something is nearly $27 lol... that's all.

I also just don't think in those terms anymore... it's kind of like if someone was like, hey... want to play at the nickel black jack table? No... no I don't.
 
Actually, to be serious, I bought back 5 LTC yesterday at 255 and then sold them this morning at 300 (at least I attempted to - I notice coinbase consistently fucks you on buys and sells by not always offering the price you're seeing updated when you click an order - I think they gave my a price closer to 297 on my sale). Sitting on nothing now.

It may just skyrocket on up to 350 but I'm waiting for about a 275 entry point.
 
Luminaire said:
You're sensitive man. We are cool, please find the humor in a $27 investment.

There's nothing wrong with it, especially in a penny crypto market with extreme volatility.

I just thought it was funny because my fee to buy or sell something is nearly $27 lol... that's all.

I also just don't think in those terms anymore... it's kind of like if someone was like, hey... want to play at the nickel black jack table? No... no I don't.
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People helped you out man and you treat other people like crap. Why do you do that? I bet in real life you're a decent lad but why turn into a jerk when you're behind a keyboard?
 
CerebralKnievel said:
Actually, to be serious, I bought back 5 LTC yesterday at 255 and then sold them this morning at 300 (at least I attempted to - I notice coinbase consistently fucks you on buys and sells by not always offering the price you're seeing updated when you click an order - I think they gave my a price closer to 297 on my sale). Sitting on nothing now.

It may just skyrocket on up to 350 but I'm waiting for about a 275 entry point.
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Not bad.

Get all set up on GDAX (verified) and transfer some funds over... Coinbase charges higher fees and the price they sell at always tends to be lower than list, you can avoid some of that on GDAX.

5 LTC sold at $300... 1.5% Coin base charge = $22.50 in fees... See why this is a little funny Zazen?
 
CerebralKnievel said:
Actually, to be serious, I bought back 5 LTC yesterday at 255 and then sold them this morning at 300 (at least I attempted to - I notice coinbase consistently fucks you on buys and sells by not always offering the price you're seeing updated when you click an order - I think they gave my a price closer to 297 on my sale). Sitting on nothing now.

It may just skyrocket on up to 350 but I'm waiting for about a 275 entry point.
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Get your stuff over to gdax man
 
Zazen said:
People helped you out man and you treat other people like crap. Why do you do that? I bet in real life you're a decent lad but why turn into a jerk when you're behind a keyboard?
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Just good old fashioned ribbing my friend.

Anyway... I'm more interested in how you managed to buy Cardona. What exchange did you go through, did you get fully verified, what was that process like (timing?) what are the fees for trading? and so on.
 
Luminaire said:
Not bad.

Get all set up on GDAX (verified) and transfer some funds over... Coinbase charges higher fees and the price they sell at always tends to be lower than list, you can avoid some of that on GDAX.

5 LTC sold at $300... 1.5% Coin base charge = $22.50 in fees... See why this is a little funny Zazen?
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Yeah, after the fees it was a minimal profit. I mean, it far beats sitting on interest rates but obviously the reward to risk ratio is... Well, we all know.

Anyway, I did set up on gdax but what I don' like is that these crypto prices fluctuate so insanely that often my intentions have to shift along with them and with coinbase I at least have the app on hand at all times. With gdax, I might set a limit order and then need to sell within a few hours of it without access to my account.

I suppose I can use my phone's web browser.... LOL! Odd how we become acclimated to things and become moronic as a result.
 
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Luminaire said:
Just good old fashioned ribbing my friend.

Anyway... I'm more interested in how you managed to buy Cardona. What exchange did you go through, did you get fully verified, what was that process like (timing?) what are the fees for trading? and so on.
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I bought it on Binance, I think it is a Chinese website and I just had to send in front and back ID of either a passport or a driver's license. You also need to take a photo of yourself holding a note that says the name of the website and the current date. I don't know the fees that Binance charges, I only know the it costs money on coinbase's side to exchange over to binance.

You can trade right away but I believe it takes a while to get verified.
 
Zazen said:
I bought it on Binance, I think it is a Chinese website and I just had to send in front and back ID of either a passport or a driver's license. You also need to take a photo of yourself holding a note that says the name of the website and the current date. I don't know the fees that Binance charges, I only know the it costs money on coinbase's side to exchange over to binance.

You can trade right away but I believe it takes a while to get verified.
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Coinbase doesn't charge you anything for sending coin. It's a network fee charged by the block-chain
 
Der Eisbär said:
Coinbase doesn't charge you anything for sending coin. It's a network fee charged by the block-chain
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I wasn't aware of that. So every time a transaction is encrypted a portion is.. What, returned to the matrix to fund our future machine overlords?
 
CerebralKnievel said:
I wasn't aware of that. So every time a transaction is encrypted a portion is.. What, returned to the matrix to fund our future machine overlords?
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It goes to the people on the bitcoin network who's computer resources make the whole thing run.
 
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