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Buying bitcoins

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Comments

  • Registered Users, Registered Users 2 Posts: 2,649 ✭✭✭Whelo79


    Anyone experiencing delays transferring euros to coinbase by Sepa. Sent mine on Saturday morning, thought it would hot today. Transfers have taken as short as an hour previously.


  • Registered Users, Registered Users 2 Posts: 2,604 ✭✭✭DeSelby83


    Whelo79 wrote: »
    Anyone experiencing details transferring euros to coinbase by Sepa. Sent mine on Saturday morning, thought it would hot today. Transfers have taken as short as an hour previously.
    I have the same issue, sent it via revolut on Friday evening, they sent it last night but am now waiting for coinbase to put it in my account.


  • Registered Users, Registered Users 2 Posts: 13,972 ✭✭✭✭tk123


    Whelo79 wrote: »
    Anyone experiencing details transferring euros to coinbase by Sepa. Sent mine on Saturday morning, thought it would hot today. Transfers have taken as short as an hour previously.

    last time i transferred it took 2-3 days. Then they were down because they were hammered due to the dip I knew was coming...the price was up over 1k by the time I could access my account and buy :rolleyes: Also it was in my account before they mailed me - so check rather than waiting for their system to catch up.


  • Registered Users, Registered Users 2 Posts: 115 ✭✭Paddy_B


    Whelo79 wrote: »
    Anyone experiencing details transferring euros to coinbase by Sepa. Sent mine on Saturday morning, thought it would hot today. Transfers have taken as short as an hour previously.
    I sent my first one last Thursday at maybe 7pm. Got the confirmation from Coinbase at 5.30pm on Friday. It was probably queued up at the weekend so should appear tomorrow.


  • Registered Users, Registered Users 2 Posts: 1,861 ✭✭✭keano25


    epopnomis wrote: »
    Invested 5000 at 20 cent a while ago.. nice return.

    What's that with?


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  • Registered Users, Registered Users 2 Posts: 2,649 ✭✭✭Whelo79


    Thanks for all the replies. Hopefully be there tomorrow. I wanted to try get on Verge. Really should have deposited earlier.


  • Registered Users, Registered Users 2 Posts: 12,140 ✭✭✭✭PopePalpatine


    keano25 wrote: »
    Thanks pope, what exchange do you use?

    Most of my portfolio is on Kraken, I've also got Bittrex & GDAX (courtesy of Coinbase) accounts.


  • Registered Users, Registered Users 2 Posts: 52 ✭✭renov8


    Looking for some advice here, have read all the threads but hoping some can point me in the right direction. I hold a small amount of BTC in a mycelium wallet. I'm thinking of selling and spreading the investment across a couple of others (Litecoin, Ripple, Eth). My question is how to do this without incurring big fees?

    I have an account with cex.io which is where I originally bought the BTC. From what I can see, I could deposit my BTC from the wallet to cex.io without incurring much (if any) fees. I think there may be a small charge on the Mycelium side.

    Cex.io only seem to sell BTC and ETH so can I move my BTC to another exchange quite easily with a small fee? Don't want to have the hassle of verifying documents and waiting weeks either!


  • Registered Users, Registered Users 2 Posts: 115 ✭✭Paddy_B


    renov8 wrote: »
    Looking for some advice here, have read all the threads but hoping some can point me in the right direction. I hold a small amount of BTC in a mycelium wallet. I'm thinking of selling and spreading the investment across a couple of others (Litecoin, Ripple, Eth). My question is how to do this without incurring big fees?

    I have an account with cex.io which is where I originally bought the BTC. From what I can see, I could deposit my BTC from the wallet to cex.io without incurring much (if any) fees. I think there may be a small charge on the Mycelium side.

    Cex.io only seem to sell BTC and ETH so can I move my BTC to another exchange quite easily with a small fee? Don't want to have the hassle of verifying documents and waiting weeks either!
    I myself started out on Coinbase to get my initial BTC/ETH/LTC. I then became interested in altcoins and liked the look of Binance. I've been on Binance for a week and at this stage I would definitely recommend it! Great choice of coins, very low fees. Make sure to buy some Binance tokens (BNB) since you can pay fees with them for half price. I don't like sending BTC between wallets/exchanges because the transaction fees are massive. ETH seems to be the best value for moving around at the moment!


  • Registered Users, Registered Users 2 Posts: 20,994 ✭✭✭✭cnocbui


    renov8 wrote: »
    Looking for some advice here, have read all the threads but hoping some can point me in the right direction. I hold a small amount of BTC in a mycelium wallet. I'm thinking of selling and spreading the investment across a couple of others (Litecoin, Ripple, Eth). My question is how to do this without incurring big fees?

    I have an account with cex.io which is where I originally bought the BTC. From what I can see, I could deposit my BTC from the wallet to cex.io without incurring much (if any) fees. I think there may be a small charge on the Mycelium side.

    Cex.io only seem to sell BTC and ETH so can I move my BTC to another exchange quite easily with a small fee? Don't want to have the hassle of verifying documents and waiting weeks either!

    You can just use Shapeshift to swap bitcoin for a variety of other crypto, without needing an exchange. you could register on Cryptopia in a matter of minutes, send some bitcoin to your wallet there and trade BTC for numerous other crypto.

    The miners fees for moving Bitcoin around at the moment are not small, they are huge. I personally don't think it makes sense to transact with Bitcoin for anything less than 4 figures worth at current fee rates. Even Shapeshift would be expensive currently. You would be better off buying the cryptos directly for fiat, if possible, or buying litecoin for fiat and sending that elsewhere to trade for other cryptos as the fees are far, far less.


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  • Registered Users, Registered Users 2 Posts: 1,631 ✭✭✭Laviski


    a dip has come,
    BTC down 2 k lets see how far it falls.


  • Registered Users, Registered Users 2 Posts: 20,994 ✭✭✭✭cnocbui


    Laviski wrote: »
    a dip has come,
    BTC down 2 k lets see how far it falls.

    Can't see it myself. Current price is about €15,194. It barely touched €17,000 a few days ago. It's up 10.8% over the last 7 days and 133% the last 30 days.


  • Registered Users, Registered Users 2 Posts: 1,631 ✭✭✭Laviski


    i only view it in dollars
    it was at 19k

    24H HIGH
    19200
    24H LOW
    17125


  • Registered Users, Registered Users 2 Posts: 20,994 ✭✭✭✭cnocbui


    Laviski wrote: »
    i only view it in dollars
    it was at 19k

    24H HIGH
    19200
    24H LOW
    17125

    Well in US$ it's currently 18,000 on Coinbase.


  • Registered Users, Registered Users 2 Posts: 3,341 ✭✭✭Wombatman


    Nasty dip there. My stop loss fired.


  • Registered Users, Registered Users 2 Posts: 1,861 ✭✭✭keano25


    Just with that dip today, if you had sold yesterday do you get yesterdays price? I mean is it instant you get paid out or how does it work?


  • Registered Users, Registered Users 2 Posts: 17,805 ✭✭✭✭banie01


    Wombatman wrote: »
    Nasty dip there. My stop loss fired.

    Happened me with ETH yesterday morning.


  • Registered Users, Registered Users 2 Posts: 3,341 ✭✭✭Wombatman


    banie01 wrote: »
    Happened me with ETH yesterday morning.

    Ouch. Hope you got back on it before yesterdays upsurge.


  • Registered Users, Registered Users 2 Posts: 17,805 ✭✭✭✭banie01


    Wombatman wrote: »
    Ouch. Hope you got back on it before yesterdays upsurge.

    Nope, had no buys set. I was still in profit tho so not at all bad.
    I did have limit buys set on Binance for TRX, IOTA and NEO that have all filled at great prices tho, so swings and roundabouts.

    The current dip on BTC I had buys set at 14950 and it only dropped to 15032!
    Will have to re-learn my psychic guessing abilities :pac::pac:

    Good luck to all on their trades/HODL today :)


  • Registered Users, Registered Users 2 Posts: 6,712 ✭✭✭EagererBeaver


    keano25 wrote: »
    Just with that dip today, if you had sold yesterday do you get yesterdays price? I mean is it instant you get paid out or how does it work?

    No. Times vary from exchange to exchange.


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  • Registered Users, Registered Users 2 Posts: 19 lostie815


    Anyone else finding the blockchain really slow I moved some coins about this morning and none have landed yet ?


  • Registered Users, Registered Users 2 Posts: 37,316 ✭✭✭✭the_syco


    Bitcoin is odd. I bought $50 of Bitcoin a while back. I donated $100 of Bitcoin to a site. I now have $155 $157 of Bitcoin. I'm slightly tempted to throw another $50 at it, but it seems if I do nothing, it'll increase by itself?


  • Registered Users, Registered Users 2 Posts: 6,712 ✭✭✭EagererBeaver


    the_syco wrote: »
    Bitcoin is odd. I bought $50 of Bitcoin a while back. I donated $100 of Bitcoin to a site. I now have $155 $157 of Bitcoin. I'm slightly tempted to throw another $50 at it, but it seems if I do nothing, it'll increase by itself?

    Or it might go down. That's how exchange rates work.


  • Registered Users, Registered Users 2 Posts: 27,474 ✭✭✭✭GreeBo


    the_syco wrote: »
    Bitcoin is odd. I bought $50 of Bitcoin a while back. I donated $100 of Bitcoin to a site. I now have $155 $157 of Bitcoin. I'm slightly tempted to throw another $50 at it, but it seems if I do nothing, it'll increase by itself?

    Its exactly the same as any other commodity/currency in this respect.


  • Registered Users, Registered Users 2 Posts: 1,743 ✭✭✭kingtiger


    is BtC not in trouble right now? the transaction fee is mental

    look at the Blockchain ffs

    https://blockchain.info/unconfirmed-transactions


  • Registered Users, Registered Users 2 Posts: 19 lostie815


    kingtiger wrote: »
    is BtC not in trouble right now? the transaction fee is mental

    look at the Blockchain ffs

    https://blockchain.info/unconfirmed-transactions

    Yep I just got home and had a look worrying signs.


  • Registered Users, Registered Users 2 Posts: 1,743 ✭✭✭kingtiger


    lostie815 wrote: »
    Yep I just got home and had a look worrying signs.

    cant even swap to Ether right now as the transaction fee is ridiculous


  • Registered Users, Registered Users 2 Posts: 1,631 ✭✭✭Laviski


    alts gonna get hammered.
    as mentioned earlier was dip, re bounded a bit.
    now down 10% - bitcoin cash taking over.


  • Registered Users, Registered Users 2 Posts: 19 lostie815


    kingtiger wrote: »
    cant even swap to Ether right now as the transaction fee is ridiculous

    I have multiple transactions not clearing due to the fees and it doesn't look like they are going to anytime soon.


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  • Registered Users, Registered Users 2 Posts: 115 ✭✭Paddy_B


    Take advantage of the dip and get on Bitcoin while it's going cheap!


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