Official Bitcoin Thread

[turbospartan]

has anyone taken off their cc and readded on base?

My CC added immediately, but only gave me a $150 limit.  Then I uploaded my ID and it went to $500 limit for basically 1 screen, as soon as I clicked on the buy/sell tab... it went back to showing me $150 as my limit.   Uploaded ID again (same photos) and waited a while, and now it's telling me I'm back to $500 limit. 

That didn't really answer your question.  Guess I'm just wondering if there are a few "quirks" with coinbase, possibly because of how many people are joining daily?

 

[mullins7388]

Haha actually I'm not sure.   I was reading about crypto on another site I frequent, and someone provided this link:   https://www.ethadvisor.com/beginners-guide-to-ether-ethereum-investing


That author is very adamant about remaining anonymous and outlines multiples steps on how to keep yourself safe. 

Also came across this reddit thread, where a guy lost $10k because he wasn't "safe" enough.  

Reading the responses that followed, and it seems like quite a few of these posters go through extreme steps to keep their info safe. 

Pretty sure the author spelled HODL wrong.

 

[bainshot]

My CC added immediately, but only gave me a $150 limit.  Then I uploaded my ID and it went to $500 limit for basically 1 screen, as soon as I clicked on the buy/sell tab... it went back to showing me $150 as my limit.   Uploaded ID again (same photos) and waited a while, and now it's telling me I'm back to $500 limit. 

That didn't really answer your question.  Guess I'm just wondering if there are a few "quirks" with coinbase, possibly because of how many people are joining daily?

oh whatt thats it? i was planning on putting in more -__- so can u do multiple 150 transactions? or do they limit that too?

 

[turbospartan]

oh whatt thats it? i was planning on putting in more -__- so can u do multiple 150 transactions? or do they limit that too?

The limits are "per week".   Not sure if it just renews every 7 days on the dot, or if the new week starts on Sunday/Monday?

Well I only set it up with my CC.   Originally it was only $150, which I purchased that much of, but now its showing I have $359 of my limit still available?  $359 + $150 = $509?

If you link it to a bank account, the weekly limits are much higher.  Mine shows $5000 as the limit for those, but I did not link anything yet. 

 

[bainshot]

The limits are "per week".   Not sure if it just renews every 7 days on the dot, or if the new week starts on Sunday/Monday?


Well I only set it up with my CC.   Originally it was only $150, which I purchased that much of, but now its showing I have $359 of my limit still available?  $359 + $150 = $509?

If you link it to a bank account, the weekly limits are much higher.  Mine shows $5000 as the limit for those, but I did not link anything yet. 

oh ok thanks. hopefully i can activate a cc on there today.. also can u do the max 150 for btc and still get eth separate?

 

[tero]

thats what im trying to figure out. how do we turn our bitcoin to cash .. literally cash in hand ?

exactly...

all that security still won't do **** when you're making yourself a target online. dudes can hack pretty much anything they SEE

if you make yourself invisible how will they see you?

but doesnt blockchain make it valid? The only way to really lose bitcoin is if you lose it physically or send a false transaction or if your online wallet provider just gets hit with wannacrypt

 

[mynameaintg]

The limits are "per week".   Not sure if it just renews every 7 days on the dot, or if the new week starts on Sunday/Monday?


Well I only set it up with my CC.   Originally it was only $150, which I purchased that much of, but now its showing I have $359 of my limit still available?  $359 + $150 = $509?

If you link it to a bank account, the weekly limits are much higher.  Mine shows $5000 as the limit for those, but I did not link anything yet. 

oh ok thanks. hopefully i can activate a cc on there today.. also can u do the max 150 for btc and still get eth separate?

no.

$150 total. not sure about multiple cards though.

 

[bainshot]

no.

$150 total. not sure about multiple cards though.

damn alright thanks

 

[capital sb]

lol considering they are a company trying to prevent identity fraud, I would assume they want to make sure you are the real person. All good though, more tokens for me

Right, doesn't make sense lol .

I'm getting ready for the ICO, gonna purchase my BTC or ETH now for the 21st .

 
Deloitte predicting that the cryptomarket will be,10% of the global GDP.  

That translates to around 8 TRILLION MARKET CAP.  Currently we are at 100BILLION.  YOU DO THE MATH!!!

https://www2.deloitte.com/lu/en/pages/technology/articles/impacts-blockchain-fund-distribution.html

LETS GOOO!

 

[geeplus]

 
Haha actually I'm not sure.   I was reading about crypto on another site I frequent, and someone provided this link:   https://www.ethadvisor.com/beginners-guide-to-ether-ethereum-investing

That author is very adamant about remaining anonymous and outlines multiples steps on how to keep yourself safe. 

Also came across this reddit thread, where a guy lost $10k because he wasn't "safe" enough.  

Reading the responses that followed, and it seems like quite a few of these posters go through extreme steps to keep their info safe. 

Maybe those guys are using BTC for illegal purchases. 

I for one could care less if its regulated, im already paying taxes on my regular income. This is just snack money, but when i do get big gains i wont mind paying taxes on it cause thats what i have been used to my entire adult life.

 

[capital sb]

I don't care at all about being anon . Govt is already all up in my life lol (govt clearance holder) .

Like Fap says, how are they gonna tax what happened in the past when there were no laws? I just don't see it happening .

 

[slimk4]

they cant tax you if they cant prove where you got it from....

prime example, what if you send a btc to the wrong wallet and its lost forever, is the IRS going to grant you a loss credit like they do for stocks? Nope I dont think so...so ill be damned if they tax me for a bitcoin i bought years before they figure its taxable.

 

[jkallday]

Perhaps for tax reasons? @jkallday - i remember ur comments previously on this thread...u arent concerned at all regarding irs?

Not worried about the irs

 

[capital sb]

thats what im trying to figure out. how do we turn our bitcoin to cash .. literally cash in hand ?

Sell it on coinbase transfer the money to your account.

 

[Chopper]

If you purchase crypto on Coinbase, does it exchange at the rates/value at the time of your purchase, or rates/value when the transaction finally goes through to Coinbase (which can be nearly a week depending on how you fund it)? Thx!

 

[jkallday]

If you purchase crypto on Coinbase, does it exchange at the rates/value at the time of your purchase, or rates/value when the transaction finally goes through to Coinbase (which can be nearly a week depending on how you fund it)? Thx!

It's locked in but have no idea why ppl don't buy on gdax when you can set limits

 

[jkallday]

Double post *

 

[slimk4]

If you purchase crypto on Coinbase, does it exchange at the rates/value at the time of your purchase, or rates/value when the transaction finally goes through to Coinbase (which can be nearly a week depending on how you fund it)? Thx!

when you buy it, the amount of btc or eth stays constant...so only the USD rate changes, so it can be up or down depending on the market at the time..

 

[capital sb]

It's locked in but have no idea why ppl don't buy on gdax when you can set limits

Bruh , it just hit me like a few days ago I could be setting limites with gdax lol .Forgot it was coinbases platform

 

[lobcity]

Blockfolio quite possibly the best app ever

 

[mullins7388]

Blockfolio quite possibly the best app ever

 

[turbospartan]

Blockfolio quite possibly the best app ever

Why?

 

[fapmasterjr]

Lisk @ $3.00 [emoji]128561[/emoji][emoji]128561[/emoji][emoji]128200[/emoji][emoji]128200[/emoji][emoji]128200[/emoji]

 

[geeplus]

Why?

go back and look at some of Faps post.

 

[fapmasterjr]

go back and look at some of Faps post.

Actually, go back and look at my posts for cryptos to watch:

Waves
Lisk
Nexus
Augur

And look [emoji]128064[/emoji] [emoji]128200[/emoji][emoji]128200[/emoji][emoji]128200[/emoji][emoji]128200[/emoji][emoji]128200[/emoji][emoji]128200[/emoji]