Official Bitcoin Thread

[johnnyredstorm]

Finally have some skin in the game. Started out basic with BTC, LTC, and NEO. Going to do some research over the next few weeks and begin diversifying my portfolio. Thanks for all the knowledge dropped in this thread. I have been quietly lurking for awhile just somewhat nervous to jump in as investing isn't a strong suit of mine. Looking forward to learning a lot quickly. The info about avoiding fees is good to know, it's crazy how every transaction is nearly $3 on the main sites.

Commission fees are a part of the game you have to just accept it.

Iota making a little move out of that consolidation pattern.

 

[rbk93]

Yes. One thing tho is that some merchants take out big holds when you make purchases. I bought 20 dollars of gas one time and they held 70+ bucks. I was like where TF is my money? But it's a solid card and customer service is responsive

Some as in major retailers or merchants? I just want to use it as my everyday debit for now.

 

[yaboyyaboy]

Just realized....if you wanna buy BTC without the hassle of an exchange and remain somewhat anonymous.....deposit funds using a credit card to a sportsbook like Bovada and withdraw it as bitcoin

Usually if you deposit funds via credit card there’s a 5 business day wait to even process a withdraw. (I use Betonline btw) Is there still a time lag like that with bitcoin?

 

[g14]

Questions since I haven't bought anything but ETH.

Once you have bitcoins and you transfer them to another exchange for Alts, are there more fees involved ? Like transfer fees and buying alt coins? Or are the only fees you are paying are the initial ones?

use litecoin if u want to spend less fees in alts on the exhanges..my advise...plus its way quicker

 

[NASA 2.0]

Not sure if this is just a bitcoin thread or all crypto.
But everyone, should have IOTA, ADA, VTC, XRP in their portfolio.

 

[freakydestroyer]

Just realized....if you wanna buy BTC without the hassle of an exchange and remain somewhat anonymous.....deposit funds using a credit card to a sportsbook like Bovada and withdraw it as bitcoin

Which sportsbooks let you withdraw when you deposit using CC without requiring ID and verification?

 

[BIG LEEMELONE]

Some as in major retailers or merchants? I just want to use it as my everyday debit for now.

I think gas stations are known to place big holds. Haven't really had issues otherwise

 

[3stheluckynumbe]

Got my first mining rig up and running... its fun just watching gains!!! High upfront, but should pay off within a year and a half, quicker if values continue rising.

 

[Grine]

LTC is the way to go for transfer...now with BTC/LTC transfer, it’s should be easy

 

[Grine]

CEDEX - The Cryptocurrency That Will Turn Diamonds into A Tradeable Asset

https://m.huffpost.com/us/entry/us_5a226c24e4b0545e64bf937e

 

[SplinterMatic319]

Which sportsbooks let you withdraw when you deposit using CC without requiring ID and verification?

Honestly I don't remember ever doing a verification with bovada.

 

[aychd]

Can someone explain blockfolio. Is it really a way to track all my crypto?

 

[SplinterMatic319]

I wish the Nano S had smartphone compatibility.

 

[NASA 2.0]

Can someone explain blockfolio. Is it really a way to track all my crypto?

Just downloaded it. So far, its tracking what i currently have in my portfolio.

Ada
Iota
Vert

 

[Chopper]

Poloniex wants SSN to verify account. Just signed up and have a $0.00 transfer limit until I verify it. WTF part of the game is this?

F it. Rolling w/Bittrex instead.

 

[goledensilence]

Can't even read about stocks in my stock market facebook groups anymore. All people want to talk about is Bitcoin Bitcoin Bitcoin. lol this is getting crazy.

 

[wr]

Poloniex wants SSN to verify account. Just signed up and have a $0.00 transfer limit until I verify it. WTF part of the game is this?

F it. Rolling w/Bittrex instead.

They want photo verification as well when you try to withdraw.

 

[Teknoman]

Money laundering is serious business.

 

[PRIME]

whats the best cold storage wallet for multiple cryptos?

was looking into bitkey, but not sure if thats only for bitcoin. Also coinomi but it doesn't have xrp support.

I know I can go ledger or trezor, but are there any other software alternatives for USB?

 

[keko jones]

 

[goledensilence]

Just bought a large amount of Tron.
Alts I'm paying attention to now: Tron, FunFair, Iota, Quantstamp, Loopring,

 

[Grine]

It’s war! The world is about to be on board.

http://www.foxbusiness.com/markets/...-cryptocurrency-to-fight-trump-sanctions.html

 

[imj0pusha]

wondering if i should wait for a dip to buy some btc to exchange tomorrow morning. price is kinda high right now.

 

[mr highness]

wondering if i should wait for a dip to buy some btc to exchange tomorrow morning. price is kinda high right now.

Wait for a dip.

 

[jkallday]

Got my first mining rig up and running... its fun just watching gains!!! High upfront, but should pay off within a year and a half, quicker if values continue rising.

what are you mining?