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11-17-2017, 12:28 PM
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#1226 | | I help report spam so I got this! <--
Join Date: Dec 2010 Location: Vancouver
Posts: 2,867
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| Quote:
Originally Posted by Ulic Qel-Droma  ill prob have a buncha questions in the coming days.
late on the bandwagon but i've decided i'll invest several hundred and try to trade it up to several thousand within a year. the 24/7 365 trading is appealing LOL.
which wallet do you guys use? and why?
I'm eyeing electrum but only cuz bitcoin.org says so LOL. | I put my in a hardware wallet when i don't trade. I use https://www.ledgerwallet.com/products/ledger-nano-s
You can use digital wallet like jaxx or myetherwallet
Only Coinbase (gdax exchange )insure their wallet up to a certain amount. Never keep anything on the exchanges. They could blow up at any time. Recent is BTC-e.
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11-19-2017, 12:50 AM
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#1227 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,661
Thanked 5,539 Times in 1,502 Posts
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Originally Posted by threezero Futures from CME is huge huge news for bitcoin. Watch for institutional money rolling in!.
I don't know why you as a retail investor with couple hundred would even try futures though | cuz i already trade futures on the CME/globex LOL. i was only willing to put in a couple hundred into these other lesser level exchanges... i totally don't trust them with my money.
but if i can trade BTC futures with IB, i'll pay whatever margin they charge. LOL. 10k margins... no prob. just means the leverage is higher! haha
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11-25-2017, 07:43 AM
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#1228 | | RS has made me the bitter person i am today!
Join Date: Oct 2006 Location: YVR
Posts: 4,518
Thanked 1,275 Times in 434 Posts
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Christmas came early!
ETH is at $475USD ~$604CAD as of this morning not sure what happened lol
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11-25-2017, 08:10 PM
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#1229 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
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any bitcoin ETF's yet?
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11-25-2017, 08:10 PM
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#1230 | | Hacked RS to become a mod
Join Date: Feb 2002 Location: Sunny Hong Kong
Posts: 52,343
Thanked 23,816 Times in 8,190 Posts
| Quote:
Originally Posted by ForbiddenX Christmas came early!
ETH is at $475USD ~$604CAD as of this morning not sure what happened lol | So you're selling it all?
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11-26-2017, 12:13 PM
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#1231 | | Need my Daily Fix of RS
Join Date: Mar 2008 Location: burnaby
Posts: 289
Thanked 344 Times in 74 Posts
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Seems like I'm like to the bitcoin party, but I've finally decided to invest some money into bitcoin to see how it plays out.
Can exchanges are everyone using. QuadrigaCX and Coinsquare seems like that's what everyone is using for Canadian exchanges? Any reasons to look into other non-Canadian ones? Basically looking for ones that are safest with minimal fees.
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11-26-2017, 12:47 PM
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#1232 | | RS has made me the bitter person i am today!
Join Date: Oct 2006 Location: YVR
Posts: 4,518
Thanked 1,275 Times in 434 Posts
| Quote:
Originally Posted by SkinnyPupp So you're selling it all? | was honestly thinking of selling a bit, but just gonna keep holding.
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11-26-2017, 06:37 PM
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#1233 | | To me, there is the Internet and there is RS
Join Date: Apr 2004 Location: Nanaimo
Posts: 16,019
Thanked 7,384 Times in 3,466 Posts
| Quote:
Originally Posted by ray666 Seems like I'm like to the bitcoin party, but I've finally decided to invest some money into bitcoin to see how it plays out.
Can exchanges are everyone using. QuadrigaCX and Coinsquare seems like that's what everyone is using for Canadian exchanges? Any reasons to look into other non-Canadian ones? Basically looking for ones that are safest with minimal fees. | Other exchanges offer more types of currency. Are you going to actually buy bitcoin or other are you looking at another type of coin. If you just want to buy and hold take it out of the exchange and keep it in a wallet.
Also you can now by bitcoins at most gas stations that sell phone cards. Not the cheapest way to do it but the easiest. https://www.gonetcoins.com
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Until the lions have their own historians, the history of the hunt will always glorify the hunter. | |
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11-26-2017, 06:54 PM
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#1234 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
Posts: 4,697
Thanked 2,422 Times in 918 Posts
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Anyone here actually use bitcoins for purchases since there's a fee for buying bitcoins?
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2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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11-26-2017, 07:05 PM
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#1235 | | 14 dolla balla aint got nothing on me!
Join Date: Jan 2014 Location: Vancouver
Posts: 694
Thanked 654 Times in 193 Posts
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Tempting to sell $_$
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11-26-2017, 07:52 PM
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#1236 | | Hacked RS to become a mod
Join Date: Feb 2002 Location: Sunny Hong Kong
Posts: 52,343
Thanked 23,816 Times in 8,190 Posts
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Originally Posted by Gerbs Anyone here actually use bitcoins for purchases since there's a fee for buying bitcoins? | It's all I use it for
That's why I asked about the guy who was happy about ETH going up in value. Since it's practically useless, you didn't actually gain anything unless you sold it all for more than you bought it.
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11-26-2017, 08:23 PM
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#1237 | | Rs has made me the woman i am today!
Join Date: Sep 2006 Location: Vancouver
Posts: 4,138
Thanked 1,323 Times in 579 Posts
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Looking at buying bitcoin. Did some reading the past hour on google and skimmed this thread, just some questions.
1. Quite a few options on wallet to use, which one is everyone using?
2. Easiest way to buy is cash at ATM, but they charge like 5% fee. Is buying from people safe? E.g. Seen some ads on Craigslist on people selling bitcoin for $0 fee, are these safe?
3. If I wanted to sell later on, link the wallet to my bank account and transfer money to my bank account? Do banks question these kinds of activity? Read online banks shutting down some accounts.
I kinda got the idea of how this works, but likely missing bits and pieces. The confusing part I find is selling. Thanks guys.
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11-26-2017, 09:22 PM
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#1238 | | To me, there is the Internet and there is RS
Join Date: Apr 2004 Location: Nanaimo
Posts: 16,019
Thanked 7,384 Times in 3,466 Posts
| Quote:
Originally Posted by Euro7r Looking at buying bitcoin. Did some reading the past hour on google and skimmed this thread, just some questions.
1. Quite a few options on wallet to use, which one is everyone using?
2. Easiest way to buy is cash at ATM, but they charge like 5% fee. Is buying from people safe? E.g. Seen some ads on Craigslist on people selling bitcoin for $0 fee, are these safe?
3. If I wanted to sell later on, link the wallet to my bank account and transfer money to my bank account? Do banks question these kinds of activity? Read online banks shutting down some accounts.
I kinda got the idea of how this works, but likely missing bits and pieces. The confusing part I find is selling. Thanks guys. | 1.I use Jaxx
2.A member on here sells bitcoin in person.
3. To sell you have to sell it on an exchange or sell it to a person. After you sell it on an exchange then you have to withdraw it from them. Exchanges have multiple options some free that take 7 to 10 days others that cost money but are faster.
From /www.quadrigacx.com
Rapid Bank Transfer Min $1,000CAD - Max $5,000CAD Next Business Day 5%
Express Bank Transfer Min $500CAD - Max $100,000CAD Within 3 Business Days 2%
Interac e-Transfer Min $100CAD - Max $5,000CAD Within 2 Business Days 2% + $5CAD
Cash Delivery Min $500CAD - Max $5,000CAD Within 3 Business Days 2% + $20CAD
Direct Bank Transfer / EFT Min $50CAD - Max $20,000CAD Within 7 Business Days Free
Bank Wire Min $100CAD - Max $500,000CAD Within 10 Business Days Free
Crypto Capital Min $500CAD - Max $500,000CAD Next Business Day Free
Voucher Min $10CAD - Max $3,000CAD Instant Free
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Until the lions have their own historians, the history of the hunt will always glorify the hunter. | |
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11-26-2017, 10:44 PM
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#1239 | | 14 dolla balla aint got nothing on me!
Join Date: Apr 2002 Location: Vancouver
Posts: 668
Thanked 87 Times in 29 Posts
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please pm me if youre looking to sell bitcoin.
not looking to buy much. 4k worth.
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11-27-2017, 12:08 AM
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#1240 | | To me, there is the Internet and there is RS
Join Date: Apr 2004 Location: Nanaimo
Posts: 16,019
Thanked 7,384 Times in 3,466 Posts
| Quote:
Originally Posted by SkinnyPupp It's all I use it for
That's why I asked about the guy who was happy about ETH going up in value. Since it's practically useless, you didn't actually gain anything unless you sold it all for more than you bought it. | Overstock.com accepts a bunch of cryto currency's including ethereum.
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Until the lions have their own historians, the history of the hunt will always glorify the hunter. | |
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11-27-2017, 03:10 PM
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#1241 | | OMGWTFBBQ is a common word I say everyday
Join Date: Jan 2005 Location: Vancouver
Posts: 5,185
Thanked 1,379 Times in 578 Posts
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almost hitting that 10k bois! and ltc to $100!
anybody have any interesting ico or shitcoin i can do some reading up on?  | |
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11-27-2017, 08:51 PM
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#1242 | | I am Hook'd on RS
Join Date: Mar 2014 Location: vancouver
Posts: 56
Thanked 3 Times in 3 Posts
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Anyone use Coinbase? Can't sell your coin as a Canadian user so what do I do if I wanted to withdraw my money?
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11-27-2017, 09:00 PM
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#1243 | | OMGWTFBBQ is a common word I say everyday
Join Date: Jan 2005 Location: Vancouver
Posts: 5,185
Thanked 1,379 Times in 578 Posts
| Quote:
Originally Posted by Pho Dac Biet Anyone use Coinbase? Can't sell your coin as a Canadian user so what do I do if I wanted to withdraw my money? | you can't its forever stuck in btc.
use a real exchange for canadian like quadrigcx.
coinbase's service fee is almost as ridiculous as atm fees
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11-27-2017, 09:34 PM
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#1244 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,661
Thanked 5,539 Times in 1,502 Posts
| Quote:
Originally Posted by SkinnyPupp It's all I use it for
That's why I asked about the guy who was happy about ETH going up in value. Since it's practically useless, you didn't actually gain anything unless you sold it all for more than you bought it. | Can u explain what u mean by ”practically useless”.
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11-27-2017, 10:21 PM
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#1245 | | I subscribe to Revscene
Join Date: Nov 2006 Location: Space
Posts: 1,990
Thanked 612 Times in 193 Posts
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Originally Posted by dapperfied Tempting to sell $_$ | You called?
For those wondering where to buy BTC/ETH, use www.localbitcoins.com. Money is held in escrow while you complete the transaction. Works and super easy if you choose a user with high feedback rating
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11-28-2017, 12:46 AM
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#1246 | | Hacked RS to become a mod
Join Date: Feb 2002 Location: Sunny Hong Kong
Posts: 52,343
Thanked 23,816 Times in 8,190 Posts
| Quote:
Originally Posted by Ulic Qel-Droma Can u explain what u mean by ”practically useless”. | Useless in a practical manner.. IE if you want to go shopping from a choice of vendors, most of them won't accept it as currency. To get any value from it, you'd have to first sell it for cash, then buy it with that cash. Or shop at Overstock.com I guess
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11-28-2017, 09:02 PM
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#1247 | | Everyone wants a piece of R S...
Join Date: Jul 2013 Location: burnaby
Posts: 394
Thanked 143 Times in 67 Posts
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Still trying to figure out how to buy some.
I want to buy 5 bitcoins and everything looks so scammy.
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11-28-2017, 09:27 PM
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#1248 | | Hacked RS to become a mod
Join Date: Feb 2002 Location: Sunny Hong Kong
Posts: 52,343
Thanked 23,816 Times in 8,190 Posts
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So I have 38 Vertcoins, apparently worth $200 in BTC. I remember buying them in case they ever 'took over' for LTC or to 'diversify' the coins I was mining at the time. I can't remember exactly how much I spent though. Hopefully not 38 LTC  | |
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11-28-2017, 09:33 PM
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#1249 | | I Will not Admit my Addiction to RS
Join Date: May 2011 Location: vancouver
Posts: 532
Thanked 422 Times in 70 Posts
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Looking into getting some Ether and Bitcoin. Did some research on which exchanges to use and seems like quadrigacx comes up frequently, but this post on reddit has me worried. https://www.reddit.com/r/QuadrigaCX/...rify/?sort=top
What do you guys think?
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11-28-2017, 10:03 PM
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#1250 | | Hacked RS to become a mod
Join Date: Feb 2002 Location: Sunny Hong Kong
Posts: 52,343
Thanked 23,816 Times in 8,190 Posts
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If you're talking about a lot of money, I wouldn't deal with a place unless it actually exists and I can walk into it and talk to someone there.
Something like ANX would be good for you guys, although for people like me who just want to use BTC, the fees are stupid.
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