Bitcoin
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- flashbender0
What are people using to buy/sell alt-currencies?
That is to say not Bitcoin / Ethereum / LiteCoinDo you set up a wallet and buy direct or use an exchange or broker or something else?
If you're using an exchange, which one?
I'm especially looking at Ripple and Iotathanks buddies
- Binance, or bitfinex outside of the US********
- I use Bittrex+Binance. To cash out convert to BTC and transfer to a local exchange, in my case bitcoinsnorway.comdrgs
- awesome, thanks!flashbender
- bitstamp.net is another good onebrnmkg
- are these two interesting bc of the low price point? do u think premined matters at all? they seem like a stock offering on nothing********
- Partly because of the low price point, but more so because I actually understand how they work and can imagine viable real world business applications for themflashbender
- Ripple is rumored to be added to coinbase the end of next month and two household named companies that will be utilizing XRP are going to be announced soon.brnmkg
- Obviously, they are rumors so... be sure to research. Ripple XRP just seems to be solving a huge cross-country payment issue for banks. I'm all in.brnmkg
- that's just it - global money transfer with no need for a centralized bank. It's a pretty loft concept that I'm willing to invest in.flashbender
- Binance, or bitfinex outside of the US
- detritus0
re: Dogecoin
- sted0
more than 4k in one hour...
- you, made 4K?Bennn
- yep, I was such an idiot to buy only one bitcoin for 5 bucks in 2012, now it makes even harder to decide when to withdraw it in usdsted
- 5$ to 4K, i'd cash it out now. I wouldnt wait for the crash. Because the crash will come.Bennn
- ^ no it won't. It'll only crash if I buy any. So I'll stay out to keep you all safeGnash
- Benn: your math is weird,+4k just today :D currently 1 bitcoin is 18750$ and dropping,
if i withdraw now it will cost -1k. so i get 17750$sted - 24k before januarydrgs
- Bennn0
Litecoin is doing very well atm. Many articles stating the future is good for Litecoin.
- bliznutty1
if you would have only invested in the $ U.S. dollar a hundred years ago you would be dirt poor by now. LOL
- HijoDMaite0
ETH leaving Litecoin in the dust. Wtf $822!
- drgs1
I want more money
- I want more than youBennn
- If you hold the vibration of wanting more, the universe will provide you with more wanting.********
- you still holding iotas? 5+usd now
https://tinyurl.com/…drgs - Indeed. I'm holding those mofos through thick and thin.********
- HijoDMaite0
“If you buy and hold these coins in 2018.. XRP(Ripple), XLM(StellarLumens), ADA(Cardano), NEO. You are in great hands”
-my crazy smart Asian friend from college that made $4k this month just trading on the exchange.
- I said Asian!!HijoDMaite
- reaaaaally?Bennn
- None of them are available on coinsquare where I'm at at the moment.Bennn
- And where do you get them??Bennn
- Binance?keewee
- Yes, he said Binance and they can only be purchased using BTC or ETHHijoDMaite
- You can buy Ripple directly with $ on bitstampflashbender
- utopian0
Me selling an three additional Bitcoins (18,321.99 each).
- scarabin_net1
https://motherboard.vice.com/en_…
"The only good Bitcoin advice is... not selling your coins, even during a dip or a price crash"
"It’s looking less and less like... a way to pay for things"
"holding keeps the Bitcoin market stable since holders don’t contribute to the massive sell-offs that cause price drops"
in other words, don't spend it out of fear it will lose value. it's FOMO on the gravy train. ride those beanie babies to the moon!
- microkorg0
Any links for bitcoining in the UK?
- https://www.coinbase…
don't think it's UK but it works fine for me. Has limited options though. I only used it to buy ETH thoughfadein11 - can't cash out from Coinbase in Canada, it sucksBennn
- also, only Bitcoin, Litecoin and Ethereum on CoinbaseBennn
- Have you tried to get your money out of there yet fadein? Not so easy...********
- i took 50$ of Bitcoin out of Coinbase by sending them to another service and lost 25$ in fees. Check it outBennn
- lol harsh********
- nope but I'm in it longterm. it was recommended by numerous peeps here.fadein11
- I will be annoyed if it is - are these websites the new online casinos? :)
What is a site that is good/easy to sell on?fadein11 - I can live with $25 fees though... hopefully it's a flat fee! I will have a look later on.fadein11
- £1 to transfer to wallet. then standard sells 1.49% (to bank account). Sounds v.reasonable to me.fadein11
- Bank transfers (SEPA) - in / out
Free / €0.15fadein11 - I've not taken anything out of coinbase yet. Is coinbase the best to use in UK and Europe?Chimp
- i've looked into it this morning in terms of taking money out, rates seem reasonable, only hassle is you have to do a token SEPA payment to them to authorisefadein11
- your deposit bank account but thats a 10minute job.fadein11
- In saying nothing until you actually try to connect a UK bank account and get money out....********
- ok. nearly did it today, can see the hassle but not that bad. are you saying after you try to send them the token SEPA payment to link account it still doesn'tfadein11
- work? Seemed pretty straightforward if my online banking dongle battery hadn't died. Not arguing here just it seemed quite straightforward. 10 million customersfadein11
- on coinbase so there's gonna be some serious complaints if noone can get their cash surely? I will report back.fadein11
- https://www.coinbase…
- Bennn0
I,m opening an account with kraken. They have Ripple and other currencies I dont have on Coinsquare
- and they say kraken and coinbase are two of the safest websites for crypto atmBennn
- well people at reddit say to stay away from kraken cuz their servers are always buggy https://www.reddit.c…Bennn
- ok no, kraken is better now https://www.reddit.c…Bennn
- well ok no, many complain about kraken https://www.reddit.c…Bennn
- Thats what I dislike about all that crypto game, so many options, so many shitty one .. you dont really know where to go and you're never 100% safe anywhere.Bennn
- Wait till tomorrow. Bitcoin is tanking, its either the crash of all crashes, or a chance to buydrgs
- South Korea just had massive hack of bitcoinHijoDMaite
- Ripple is on Binance.comdbloc
- Binance is the place to be besides coinbase from what I gather.HijoDMaite
- drgs0
Bitcoin's evil twin, Bitcoin Cash, is gaining power
https://www.binance.com/trade.ht…- It was added to coinbaseR_Kercz
- it means nothing, lots of currencies are going up and go down. Litecoin and Ethereum were doing super great and are now going down. It lasted a few hours.Bennn
- Benn, ETH has had occasional dips but it has steadily gone up since I have had it.fadein11
- Don't bother looking hour by hour.fadein11
- Litecoin, Ethereum and Bitcoin are all going down atmBennn
- today yep but look a month by month graph of ETH, ridic returns on investment. Litecoin has gone down because the founder has sold all his investments todayfadein11
- I really wouldn't treat this as an in out exercise unless investing serious cash.fadein11
- Bennn0
So many people are jumping in the boat! Lots of website are having a hard time taking all the traffic since a few days.
- drgs1
I wanted to have more money faster, so I wrote a simple trading bot (high frequency trading, reactive kind, not predictive).
After running it for the last four days, I lose about 5% per day...
Discuss.
- you lose 5% per day? don't you want to head the other direction?capn_ron
- Yes... but howdrgs
- Immediately I'm wondering what your source is. Reactive is fine but if you're data is seconds off rather than milliseconds the results could be night and day.SteveJobs
- It runs every minute, 80-100 orders per day. I'm just trying to buy the small dips and sell the rallies, comparing current price to some moving averages...drgs
- I keep track of all currency pairs on Bittrex, 200 of them. The problem is some of these have large spreads between ask and bid prices, plus low volumes...drgs
- Yeah, the minute intervals are probably what's killing you. I've noticed when prices plummet, they are usually back up before I can physically buy.SteveJobs
- Teach medrgs
- Drgs why on bittrex not Binance?HijoDMaite
- I invested exactly 426$ in BTC, LTC and ETH. I've reached 490$ now I'm at 409$..Bennn
- I will leave it there as long as possible, maybe in 1 or 2 years it will jump to 1,000$Bennn
- Bittrex has more coins/currencies. Its probably the largest exchange in this respect. Binance is aggressively adding more as well, I will switch soondrgs
- HFT needs narrow bid ask spreads, otherwise the high frequency part sort of kills you. Amazed you're only losing 5%monNom
- AFAIK HFT in stocks is usually a market maker who actually gets paid by the exchange for adding liquidity and thus reduces their already low cost per trade.monNom
- In stocks HFT compete against a hundred of other HFT robots, but here it is an unploughed territory, noob day traders not knowing what they're doingdrgs
- Ouch.monospaced
- Bennn0
Litecoin is going down... I think i should sell my LTC for Ethereum.....
and >>
''The creator of one of the largest alternative cryptocurrencies has exited his entire stake in the digital currency, citing a "conflict of interest." http://www.businessinsider.com/l…
''Litecoin creator Lee warns about the risks of buying litecoin''
http://www.digitaljournal.com/te…''Litecoin founder Charlie Lee has sold all of his LTC''
https://techcrunch.com/2017/12/2…- kidding me, the best time to buyzaq
- he thinks LTC will lose 90% in value... i trust him more than you, sorry :PBennn
- Ben you are framing this all in a biased manner. This is a good thing imo.HijoDMaite
- Hijo, you think LTC will go up again after dropping on the floor?Bennn
- lol, Hijo, your posts on bitcoin are insanely biased!monospaced
- Haha as in I am for it? I’m really not I don’t claim to know. I guess so though.HijoDMaite
- Bennn1
Lee wrote: "Sorry to spoil the party, but I need to reign in the excitement a bit...,Buying LTC is extremely risky. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). So if you can't handle LTC dropping to $20, don't buy!"
- Haha didn't he say this last week? Then he sold all his shares! Smooth.nb
- He said this almost a month ago. If you read his reddit post it makes perfect sense why he sold. I believe him.HijoDMaite
- ********0
Theresa May should start calling it Britcoin and voilá...problem solved!
- microkorg0
fadein, any update on getting your £ out of coinbase?
