Official Bitcoin Thread

[lobcity]

Been watching this thread for a while and am interested. Anyone care to point me in a direction to read up on bitcoins and all? Thanks in advance

Go back the last 5 pages and jot down all the info , fap dropped wallet info , bitnews sites and a grip of info.

 

[fapmasterjr]

Props and Shoutout too Fapmaster and everyone droppin gems, im bout to go hard on that ether like Nas and that Ripple like Sanford and son lol. Will invest in that Bit too.

I remember Bit being brought up years ago and all the talk on farming it wish i woulda got in. But Ether is low enough and seems like low risk, i spent like 400 this month on nike gear i know i got 400 and more to invest

thanks for the shout brodee, glad i can help!  By you realizing the money ur spending a month on material items and even thinking about investing is props enough!!  btw - if you invested that $400 into eth last month, you'd have $1600+ hehe....sorry

 

[jkallday]

fapmaster for bitcoin ambassador!

 

[fapmasterjr]

 
fapmaster for bitcoin ambassador!

u doin it too brotha! lets flourish!!

 

[diego]

I went in today when ETH took that slight dip to $39.

I have all my coins sitting in coinbase and I know you guys are recommending jax Wallet. Maybe I'm extra slow but I don't know how to get my coins transferred to jax.

Is this done through the send/receive option at the top?

 

[fapmasterjr]

I went in today when ETH took that slight dip to $39.

I have all my coins sitting in coinbase and I know you guys are recommending jax Wallet. Maybe I'm extra slow but I don't know how to get my coins transferred to jax.

Is this done through the send/receive option at the top?

yes. just grab the address from your jaxx wallet and copy/paste it to your "send" section in ETH....bam, you'll get the transaction id which you can verify on https://etherchain.org/

and your ETH should be in your jaxx wallet in approx 20seconds.

 

[Bert.]

Where's the best place to buy a larger amount of ETH?

I have a higher limit via bank on coinbase but not tryna wait 7 days for it to hit my account so I'm not sure how that will work..

 

[fapmasterjr]

HODL ON BOYS!!! $44.00 ETH DOH

 

[jkallday]

I went in today when ETH took that slight dip to $39.

I have all my coins sitting in coinbase and I know you guys are recommending jax Wallet. Maybe I'm extra slow but I don't know how to get my coins transferred to jax.

Is this done through the send/receive option at the top?

i have all my stuff in coinbase and nothing else at the moment. glad to see u got in at 39 cause we at 44 now!

 

[fapmasterjr]

AAAAAAAND.....we're at $45 now......

 

[freakazoid]

How do I go about buying into other cyrto/curre in the market? DL Jaxx been using coinbase. Thanks

@yanky
@sneakaprince


Yessir.  Anytime I make huge gains with crypto, I never pull out....I always look into which other coin I feel could bubble next.  So far I've been lucky.  Remember, buying coins at .10cents may not mean much...but when you buy thousands of them...every little increase adds to your STACK.

NT'ers - go here to keep an eye on your stack .....  

http://www.countmycrypto.com/

Enter all your cryptos and you can see in one place the fluctuations in real time ......to be transparent, here is my current coins i'm holding:




Whatever I can do to help ya'll out lemme know....lets get this $$$

 

[Bert.]

Just bought some via bank account. Hopefully I don't get screwed

 

[fapmasterjr]

How do I go about buying into other cyrto/curre in the market? DL Jaxx been using coinbase. Thanks

you would need to grab the coins you are interested in on crypto exchanges.  the ones i use and recommend are:

poloniex

kraken

bittrex

using those 3 will cover you with most if not all cryptos that are available.  good luck bud!!

 

[jkallday]

Just bought some via bank account. Hopefully I don't get screwed

hopefully it doesnt drop by then but i think we can hit 60's by end of weekend

 

[jkallday]

 
you would need to grab the coins you are interested in on crypto exchanges.  the ones i use and recommend are:

poloniex

kraken

bittrex

using those 3 will cover you with most if not all cryptos that are available.  good luck bud!!

how long have you been holding? have you filed taxes on your profits yet? im wondering how i can get around that this year but i doubt i can. tax man wants his cut

 

[fapmasterjr]

 
how long have you been holding? have you filed taxes on your profits yet? im wondering how i can get around that this year but i doubt i can. tax man wants his cut

I've been on for about 1.5yrs.  I don't withdraw....so no capital gains enforced.  i shift my money, and don't put it into a bank...so my scenario is different than most.  i'm trying to accumulate 100k, then I will think about withdrawing.

 

[fapmasterjr]

@JKALLDAY  - i have buddies who are day traders and they use this service:  https://bitcoin.tax/  

you can export all your exchange/transactions and upload it and it will calculate ur taxes owed

 

[blackdynamite]

$50 is a psychological level! It will teach $50 and then possibly fall.

 

[yanky]

So coinbase has the 7 day waiting period when you set up your bank account which is what I have. If I set up my credit card is the waiting period shorter? Don't really mind the smaller limits since I don't buy in bulk.

 

[Bert.]

So coinbase has the 7 day waiting period when you set up your bank account which is what I have. If I set up my credit card is the waiting period shorter? Don't really mind the smaller limits since I don't buy in bulk.

Credit card/debit is instant

But I hit my weekly limit and I'm not really sure why it's low. It's a MC debit card and I've been buying weekly so not sure why my limit has been $100

 

[yanky]

So coinbase has the 7 day waiting period when you set up your bank account which is what I have. If I set up my credit card is the waiting period shorter? Don't really mind the smaller limits since I don't buy in bulk.

Credit card/debit is instant

But I hit my weekly limit and I'm not really sure why it's low. It's a MC debit card and I've been buying weekly so not sure why my limit has been $100

I'll have to add my debit card and see what my limit it. If it's $100 that's an instant pass but I like to see the amount I have when I open the app instead of waiting a week.

 

[Bert.]

Idk how they determine the limits

My brother ha $250 limit for his card and we have same card/bank and he hasn't purchased anything yet

 

[diego]

My limit was $350 via debit.
Maybe it goes by penis girth.


Anyways, I made a decent buy through checking since I wanted to go over the debit limit.
Just to be clear, I'm locked in at the value I purchased correct?
I don't mind it not being in my account right now as long as it comes at the price I purchased at.


It's almost $46 now.
How high is the ceiling on this?

 

[jkallday]

guys there is an option to increase limits but it will usually take some time to keep getting your limit lifted

 

[jkallday]

My limit was $350 via debit.
Maybe it goes by penis girth.


Anyways, I made a decent buy through checking since I wanted to go over the debit limit.
Just to be clear, I'm locked in at the value I purchased correct?
I don't mind it not being in my account right now as long as it comes at the price I purchased at.


It's almost $46 now.
How high is the ceiling on this?

nobody knows what the celing is. i sold everything i had in the 20s thinking it would fall but didnt and then loaded back up in the 22s and kept dip buying all the way up. i honestly wouldnt be surprised if we got to 100 but who knows. always make sure you have trigger stops in place unless you are long on eth