Current Events > Crypto General #1: Bearish af

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clearaflagrantj
12/11/17 1:08:19 PM
#252:


And at the end of the day it is worth the $20 BTC fee if you're moving thousands of dollars off an exchange and into your own wallet, it's peace of mind.

This scalability issue is the hot topic of almost every crypto, amd something their respective dev teams are working towards reducing/eliminating
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#253
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#254
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iamintents
12/11/17 1:11:03 PM
#255:


Lite is liting up
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clearaflagrantj
12/11/17 1:14:34 PM
#256:


Future_Trunks posted...
Went in back into btc after the future uncertainty. Lost out on some profits but oh well.

Thinking about getting into ARK IOTA and WAVES

but all this alt coin bullshit is kind of annoying to keep up w. I might just bet on one or two alts, and then primarily use the big 3

I'm 95.7% in the big three and have no regrets (especially since I truly believe Eth is the future), I have a enough money on alts I believe in as well though. It's fun to research and invest in ideas that you can really believe in.
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BignutzisBack
12/11/17 1:18:22 PM
#257:


how much do you think an ethereum coin will be worth in 15 years @clearaflagrantj

I understand there is over 3 times as many eth as btc but could we still see 20 grand!?
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NoMeLx22x
12/11/17 1:50:21 PM
#258:


Im gonna start by saying thank you for all the help with the wallet talk, but I have a few more questions to help me understand it.

So do you just have everything stored in an offline wallet and when you get the urge to buy a little bit more you transfer some back to coinbase or wherever to buy it? Or do you just roll some from a bank account and keep the coins stored offline offline? Like what percentage do you actually keep available so you can play with it if you need to?
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FLUFFYGERM
12/11/17 1:51:40 PM
#259:


iamintents posted...
Lite is liting up


to the moon! onwards to $3000 LTC!
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but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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NoMeLx22x
12/11/17 1:51:41 PM
#260:


Also is it worth/risky confirming my Id on coinbase because I was just doing it by card but I ran out.
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NoMeLx22x
12/11/17 1:52:54 PM
#261:


FLUFFYGERM posted...
iamintents posted...
Lite is liting up


to the moon! onwards to $3000 LTC!


I hope so man. Legit saw your topic the other day on it and bought a coin or two over the past 24 hours. Do you think it'll hover around 3k for real or even higher?
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BignutzisBack
12/11/17 1:53:22 PM
#262:


NoMeLx22x posted...
Also is it worth/risky confirming my Id on coinbase because I was just doing it by card but I ran out.


you will have to do it eventually when you want to move or sell your coins, might as well get it over with before it triggers and locks your account when you're trying to buy some coins at a discount
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Returning_CEmen
12/11/17 1:53:33 PM
#263:


I keep my Bitcoin and Litecoin on Coinbase.

Have all my altcoins on Binance too. I should probably transfer those to wallets.
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Prost1278
12/11/17 1:54:43 PM
#264:


What are some alt coins that I can just straight up buy with USD? Too much work to buy BTC then transfer it just to buy altcoins.
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emblem boy
12/11/17 2:01:24 PM
#265:


What's the recommended wallet to buy?
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NoMeLx22x
12/11/17 2:01:27 PM
#266:


Prost1278 posted...
What are some alt coins that I can just straight up buy with USD? Too much work to buy BTC then transfer it just to buy altcoins.


Like none except Litecoin and Ethereum.

And take it from me I literally just started it last night and it's not bad. I've gained $75 in like 16 hours.
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Muffinz0rz
12/11/17 2:03:30 PM
#267:


Can someone explain this weird "phenomenon" (not sure what to call it) that I keep seeing with bitcoin?

https://www.cryptocoinsnews.com/bitcoin-price/

So the price keeps "freezing" at 16,669-16,670. It's been like this for several minutes. The charts and shit are still moving, but how are these numbers so stagnant?
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NoMeLx22x
12/11/17 2:03:45 PM
#268:


Anyone know why ive met my credit card limit and then randomly now have $4 back to spend again? And why it says I'm at like 9900/10k limit for my bank account but I haven't even linked my bank account. Just card.
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BignutzisBack
12/11/17 2:05:03 PM
#269:


emblem boy posted...
What's the recommended wallet to buy?


S Nano Ledger or a Trezor
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NoMeLx22x
12/11/17 2:32:09 PM
#270:


BignutzisBack posted...
emblem boy posted...
What's the recommended wallet to buy?


S Nano Ledger or a Trezor


Do either of those 2 hold universal coins or just the big 3??
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emblem boy
12/11/17 2:33:17 PM
#271:


BignutzisBack posted...
emblem boy posted...
What's the recommended wallet to buy?


S Nano Ledger or a Trezor


Should I worry about buying from a bad seller? Like, are there fake versions of these out?
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FLUFFYGERM
12/11/17 2:34:10 PM
#272:


emblem boy posted...
BignutzisBack posted...
emblem boy posted...
What's the recommended wallet to buy?


S Nano Ledger or a Trezor


Should I worry about buying from a bad seller? Like, are there fake versions of these out?


there are fake ones, or even real ones that have had the internals swapped out. but you can download tools from Trezor and Ledger and run the tools against your device after you connect it to your PC. those tools will tell you if it's a real/safe device or not.
---
but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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Prost1278
12/11/17 2:34:27 PM
#273:


NoMeLx22x posted...
Prost1278 posted...
What are some alt coins that I can just straight up buy with USD? Too much work to buy BTC then transfer it just to buy altcoins.


Like none except Litecoin and Ethereum.

And take it from me I literally just started it last night and it's not bad. I've gained $75 in like 16 hours.

Damn really? I already bought Litecoin, I was looking into expanding into some of the super cheap $5> ones.
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NoMeLx22x
12/11/17 2:36:08 PM
#274:


Prost1278 posted...
NoMeLx22x posted...
Prost1278 posted...
What are some alt coins that I can just straight up buy with USD? Too much work to buy BTC then transfer it just to buy altcoins.


Like none except Litecoin and Ethereum.

And take it from me I literally just started it last night and it's not bad. I've gained $75 in like 16 hours.

Damn really? I already bought Litecoin, I was looking into expanding into some of the super cheap $5> ones.


I'll be honest I'm brand new to this but from what it looks like the super cheap ones have got to be bought with some kind of crypto.
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SomeLikeItHoth
12/11/17 2:37:27 PM
#275:


I'm going to buy BAT but I don't know if Bittrex is safe to use.
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Muffinz0rz
12/11/17 2:37:52 PM
#276:


tqJONxF

wtf
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BignutzisBack
12/11/17 2:38:43 PM
#277:


NoMeLx22x posted...
BignutzisBack posted...
emblem boy posted...
What's the recommended wallet to buy?


S Nano Ledger or a Trezor


Do either of those 2 hold universal coins or just the big 3??


I've only used the ledger, it holds 20 different coins

emblem boy posted...
Should I worry about buying from a bad seller? Like, are there fake versions of these out?


the ledger has protection against tampering, not sure if there are fakes I would make sure to order it form somewhere legit like coinfort or amazon
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NoMeLx22x
12/11/17 2:39:45 PM
#278:


SomeLikeItHoth posted...
I'm going to buy BAT but I don't know if Bittrex is safe to use.


I'm about to buy some tonight too but on Binance. I hope that's safe.
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SomeLikeItHoth
12/11/17 2:41:45 PM
#279:


NoMeLx22x posted...
SomeLikeItHoth posted...
I'm going to buy BAT but I don't know if Bittrex is safe to use.


I'm about to buy some tonight too but on Binance. I hope that's safe.

I thought about using Binance but most people recommended Bittrex. But then the website got compromised.
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emblem boy
12/11/17 2:49:30 PM
#280:


FLUFFYGERM posted...
emblem boy posted...
BignutzisBack posted...
emblem boy posted...
What's the recommended wallet to buy?


S Nano Ledger or a Trezor


Should I worry about buying from a bad seller? Like, are there fake versions of these out?


there are fake ones, or even real ones that have had the internals swapped out. but you can download tools from Trezor and Ledger and run the tools against your device after you connect it to your PC. those tools will tell you if it's a real/safe device or not.


Aight, good to know.

I'll probably just get the s nano. Only 70 on Amazon
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Turtlebread
12/11/17 2:50:19 PM
#281:


Binance has been fine in my experience

their captchas fucking suck though
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NoMeLx22x
12/11/17 3:06:36 PM
#282:


Transferred some bit to binance an hour ago or so and it hasn't actually transferred yet. Does it usually take that long?

Forget it, it went through. My bad. Just get sketched out sometimes.
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NoMeLx22x
12/11/17 3:09:22 PM
#283:


Turtlebread posted...
Binance has been fine in my experience

their captchas fucking suck though


What the sliding puzzle thing? That's easy as fuck.
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Turtlebread
12/11/17 3:11:26 PM
#284:


I have to do it about 5 times before it lets me in
I thought it was a problem with my browser but other people have trouble with it too
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SomeLikeItHoth
12/11/17 3:25:15 PM
#285:


NoMeLx22x posted...
Transferred some bit to binance an hour ago or so and it hasn't actually transferred yet. Does it usually take that long?

Forget it, it went through. My bad. Just get sketched out sometimes.

Is it better to buy BAT with bit or lite? Also, how much was your fee?
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NoMeLx22x
12/11/17 3:41:19 PM
#286:


SomeLikeItHoth posted...
NoMeLx22x posted...
Transferred some bit to binance an hour ago or so and it hasn't actually transferred yet. Does it usually take that long?

Forget it, it went through. My bad. Just get sketched out sometimes.

Is it better to buy BAT with bit or lite? Also, how much was your fee?


I just bought a decent amount with Bit and the fee was 0.1 BAT which is pretty damn low I guess. The conversions and that shit are real hard to understand since everything is in bit and you can't make head or tails as to how much something is.
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SomeLikeItHoth
12/11/17 4:09:20 PM
#287:


NoMeLx22x posted...
SomeLikeItHoth posted...
NoMeLx22x posted...
Transferred some bit to binance an hour ago or so and it hasn't actually transferred yet. Does it usually take that long?

Forget it, it went through. My bad. Just get sketched out sometimes.

Is it better to buy BAT with bit or lite? Also, how much was your fee?


I just bought a decent amount with Bit and the fee was 0.1 BAT which is pretty damn low I guess. The conversions and that shit are real hard to understand since everything is in bit and you can't make head or tails as to how much something is.

I meant the fee to transfer btc to binance. I tried using gdax but it wouldn't allow me to verify my identity and I got locked out.

I made an account on gemini but does anyone here use it? Are the fees a lot lower? From what I gather you can transfer btc to gemini and then transfer that to binance. Am I understanding that correctly?
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samurai bandit
12/11/17 4:17:22 PM
#288:


SomeLikeItHoth posted...
tried using gdax


As far as I know you can't transfer using gdax. Only buy/sell
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NoMeLx22x
12/11/17 4:27:29 PM
#289:


SomeLikeItHoth posted...
NoMeLx22x posted...
SomeLikeItHoth posted...
NoMeLx22x posted...
Transferred some bit to binance an hour ago or so and it hasn't actually transferred yet. Does it usually take that long?

Forget it, it went through. My bad. Just get sketched out sometimes.

Is it better to buy BAT with bit or lite? Also, how much was your fee?


I just bought a decent amount with Bit and the fee was 0.1 BAT which is pretty damn low I guess. The conversions and that shit are real hard to understand since everything is in bit and you can't make head or tails as to how much something is.

I meant the fee to transfer btc to binance. I tried using gdax but it wouldn't allow me to verify my identity and I got locked out.

I made an account on gemini but does anyone here use it? Are the fees a lot lower? From what I gather you can transfer btc to gemini and then transfer that to binance. Am I understanding that correctly?


Oh yeah the fee from coinbase to binance was like 13 bucks or something crazy but I just said fuck it. No way around it as far as I know but I'm too new to it all.
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The_Juice_
12/11/17 4:35:19 PM
#290:


And they told me 99% LTC was a bad idea

Can't hear you atop my pile of free money!
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SwordMaster13X
12/11/17 4:48:20 PM
#291:


The_Juice_ posted...
And they told me 99% LTC was a bad idea

Can't hear you atop my pile of free money!


Who told you that LTC was bad?
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The_Juice_
12/11/17 4:57:20 PM
#292:


No one

But 99% of assets in any one commodity isn't a safe strategy and wouldn't really be recommended by anybody. It just happened to work out beautifully in this case.
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clearaflagrantj
12/11/17 5:13:49 PM
#293:


The_Juice_ posted...
No one

But 99% of assets in any one commodity isn't a safe strategy and wouldn't really be recommended by anybody. It just happened to work out beautifully in this case.

You should diversify into different types of cryptos like Eth. LTC is great as far as crpyto currencies go but there are plenty of cryptos that serve different purposes that are absolutely worth investing in.
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prettyprincess
12/11/17 5:32:42 PM
#294:


does coinbase have any imminent coin additions to be aware of?
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clearaflagrantj
12/11/17 6:09:50 PM
#295:


prettyprincess posted...
does coinbase have any imminent coin additions to be aware of?

People are speculating that next year they will add Bitcoin Cash (January 1st is when they are finally allowing people that held Bitcoin during the Bcash fork to sell their split coins), Golem, BAT, Ripple, Monero, OMG, and IOTA.

I'd say BAT and BCH are extremely likely, not sure about the rest.
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kyujo
12/11/17 6:29:36 PM
#296:


How long is ID verification supposed to take on Coinbase? Been sitting there a little while now...
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KainWind
12/11/17 6:33:14 PM
#297:


kyujo posted...
How long is ID verification supposed to take on Coinbase? Been sitting there a little while now...

It took me several hours.
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closetkpopfan
12/11/17 6:43:19 PM
#298:


I'm mad at myself for selling my Litecoin, but it's a learning experience. I had 3 of them that I bought around $60, had weak hands and sold them when they dropped from $100 to like $88. I had intended to get 3 back, wasn't expecting it's price to go up so much since it's been so consistent. I just sold those 3 into bitcoin though so it's not a huge deal, just need bitcoin to keep climbing.
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FLUFFYGERM
12/11/17 6:43:48 PM
#299:


closetkpopfan posted...
I'm mad at myself for selling my Litecoin, but it's a learning experience. I had 3 of them that I bought around $60, had weak hands and sold them when they dropped from $100 to like $88. I had intended to get 3 back, wasn't expecting it's price to go up so much since it's been so consistent. I just sold those 3 into bitcoin though so it's not a huge deal, just need bitcoin to keep climbing.


LTC is gonna go to $1000 soon. Should've kept those three you had.
---
but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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SomeLikeItHoth
12/11/17 6:47:38 PM
#300:


FLUFFYGERM posted...
closetkpopfan posted...
I'm mad at myself for selling my Litecoin, but it's a learning experience. I had 3 of them that I bought around $60, had weak hands and sold them when they dropped from $100 to like $88. I had intended to get 3 back, wasn't expecting it's price to go up so much since it's been so consistent. I just sold those 3 into bitcoin though so it's not a huge deal, just need bitcoin to keep climbing.


LTC is gonna go to $1000 soon. Should've kept those three you had.

When is "soon"?
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FLUFFYGERM
12/11/17 7:14:22 PM
#301:


SomeLikeItHoth posted...
FLUFFYGERM posted...
closetkpopfan posted...
I'm mad at myself for selling my Litecoin, but it's a learning experience. I had 3 of them that I bought around $60, had weak hands and sold them when they dropped from $100 to like $88. I had intended to get 3 back, wasn't expecting it's price to go up so much since it's been so consistent. I just sold those 3 into bitcoin though so it's not a huge deal, just need bitcoin to keep climbing.


LTC is gonna go to $1000 soon. Should've kept those three you had.

When is "soon"?


within a year from now
---
but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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