Buying bitcoins

The One Doctor · 20-12-2017 10:33AM

Jesus, I nearly pooed myself this morning on finding that GDAX had listed BCH. Markets went mad. Have some ETH on GDAX right now, went all the way down to €600 .

Edit: Seems the BCH spike may have been insider trading. Bad for GDAX/Coinbase reputation. Bad for us too. Due to resume trading of BCH at 1700. Getting out of the market before that happens.

lostie815 · 20-12-2017 11:54AM

24hrs now and still have 5 unconfirmed transactions €18 to move €50 becoming annoying and frustrating now.

machiavellianme · 20-12-2017 01:59PM

The One Doctor wrote: »

Jesus, I nearly pooed myself this morning on finding that GDAX had listed BCH.Markets went mad. Have some ETH on GDAX right now, went all the way down to €600 .

Edit: Seems the BCH spike may have been insider trading. Bad for GDAX/Coinbase reputation. Bad for us too. Due to resume trading of BCH at 1700. Getting out of the market before that happens.

Is it likely to cause the same stir again though? It's just one exchange. I might just hodl through it.
Pity I've no BCH to dump though.

The One Doctor · 20-12-2017 02:11PM

machiavellianme wrote: »

Is it likely to cause the same stir again though? It's just one exchange. I might just hodl through it.
Pity I've no BCH to dump though.

Hard to know, ideally the markets will drop significantly with the decreased liquidity available to the other coins. I suspect that GDAX will reset the BCH price to what it was this morning before the dodgy pump.

Personally I'm waiting until an hour before BCH starts trading and then taking what I can from my ETH. Only just broken even in the last few minutes. Probably won't trade tomorrow unless a major bargain shows up.

lostie815 · 20-12-2017 02:15PM

When coinbase launched BCH it was valued at €3000 and someone was racking up the price throughout the day before it went to that insane amount for a few hours so someone some where had insider info. yesterday I said it looked good from what I'm seeing now I'm holding off on it for a while.

Nermal · 20-12-2017 03:11PM

Felt like a good time to get rid of BCH. I had been holding since the fork.

cravings · 20-12-2017 03:28PM

Nermal wrote: »

Felt like a good time to get rid of BCH. I had been holding since the fork.

Well done.

JaCrispy · 20-12-2017 03:43PM

Whelo79 wrote: »

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

I hope you got onto it. I deposited most of my mined ETN into XVG 2 days ago and nearing a 3x return already.:)

Whelo79 · 20-12-2017 06:53PM

JaCrispy wrote: »

I hope you got onto it. I deposited most of my mined ETN into XVG 2 days ago and nearing a 3x return already.:)

Unfortunately not. Funds still not cleared with coinbase.

JonnyM · 20-12-2017 07:01PM

Just transferred BTC from Gdax to Bittrex. Transaction went through according to Gdax but on Bittrex its saying no pending transactions.

Does this just take a little time or is it fairly instant??

1st time doing this so havent a clue of timeline.

SteelyDanJalapeno · 20-12-2017 07:04PM

JonnyM wrote: »

Just transferred BTC from Gdax to Bittrex. Transaction went through according to Gdax but on Bittrex its saying no pending transactions.

Does this just take a little time or is it fairly instant??

1st time doing this so havent a clue of timeline.

Yeah it can take an average of 30 mins, but I've heard a lot longer too

Tar.Aldarion · 20-12-2017 07:14PM

Moving to bittrex?

Also holding big since the fork and tempted to sell it

Grumpypants · 20-12-2017 09:22PM

lostie815 wrote: »

24hrs now and still have 5 unconfirmed transactions €18 to move €50 becoming annoying and frustrating now.

Why are you moving such little amounts around in so high numbers of transactions?

seannash · 20-12-2017 09:35PM

What do you think it will take to get Bitcoin moving closer to 20k.
To be honest I'm not sure what caused the last run or subsequent drop.

20-12-2017 09:38PM

seannash wrote: »

What do you think it will take to get Bitcoin moving closer to 20k.
To be honest I'm not sure what caused the last run or subsequent drop.

What's causing any of it?! A lot of it is unexplained. It's people speculating looking to earn a quick buck.

With normal stock buying there's usually explanations, but with crypto it's a lot of gambling.

GarIT · 20-12-2017 11:18PM

seannash wrote: »

What do you think it will take to get Bitcoin moving closer to 20k.
To be honest I'm not sure what caused the last run or subsequent drop.

Hype, the only thing that has ever caused the price to move was hype. The right post on Reddit will double the value of everything.

keano25 · 20-12-2017 11:43PM

Just bought 100 euro worth of XVG.

Some people predicting it will break $1 in the new year but to be honest I'm only in it for the fun hence the small money.

lostie815 · 21-12-2017 12:23AM

Grumpypants wrote: »

Why are you moving such little amounts around in so high numbers of transactions?

As I've accepted payment for Xbox Credit and Also trying to make payment for an iptv service it wasn't planned just spontaneous wasn't expecting it to be held up this long but that's how it goes I suppose.

damon pope · 21-12-2017 02:51PM

Hi all,

Could someone please shed some light on how long withdrawls usually take from coinbase ? I receiced an email saying my withdrawl should be in my bank account on the 20th of December, however, I'm still waiting for my funds to arrive. Any help would be greatly appreciated.

Gryzor · 21-12-2017 03:28PM

damon pope wrote: »

Hi all,

Could someone please shed some light on how long withdrawls usually take from coinbase ? I receiced an email saying my withdrawl should be in my bank account on the 20th of December, however, I'm still waiting for my funds to arrive. Any help would be greatly appreciated.

My last withdrawal landed in my account 2 days after they predicted it would.

Wombatman · 21-12-2017 04:09PM

$16000 holding strong for the last while........

Laviski · 21-12-2017 04:27PM

Wombatman wrote: »

$16000 holding strong for the last while........

spoke too soon :pac:

Fox Hound · 21-12-2017 04:28PM

brendan86 wrote: »

Heh guys,

I've been doing a bit of research the last week into buying bitcoins.. I want to buy 1k worth, I know it's risky but I have it to spare and might just see how it goes for a year or so..

I have currently registered on mtgox.com and am awaiting approval on my Id verification.. Has anyone dealt with this site have any info for me?

If I put my money on mtgox that means I have to trust them with my bitcoins is this correct? I won't have to have a wallet on my computer?

I'm just basically asking for advice, it's what I want to do but if someone can explain the best way about it that knows more than me I would appreciate it

Thanks

Brendan

hope you went in on this, Bitcoin looking good, Hope you are a millionaire now!!

Sabre0001 · 21-12-2017 04:31PM

Fox Hound wrote: »

hope you went in on this, Bitcoin looking good, Hope you are a millionaire now!!

As long as they didn't trust mtgox too much! https://bravenewcoin.com/news/mtgox-btc-e-and-the-missing-coins-a-living-timeline-of-the-greatest-cyber-crime-ever/

21-12-2017 04:56PM

Fox Hound wrote: »

hope you went in on this, Bitcoin looking good, Hope you are a millionaire now!!

Buzz Killington checking in here...

OP said 6 months ago that they didn't go with the investment in the end

nuac · 21-12-2017 05:22PM

Those with profits in Bitcoin may be realising some before the holidays.

Price fall to be expected.

Extent of any recovery in New Year will be telling

banie01 · 21-12-2017 08:15PM

nuac wrote: »

Those with profits in Bitcoin may be realising some before the holidays.

Price fall to be expected.

Extent of any recovery in New Year will be telling

I agree, seems to be a lot of profit taking and a corresponding reduction in overall market cap.
Its a bloodbath out there today, but hopefully opportunity will come of it.
Hope nobody here gets too badly stung.

machiavellianme · 21-12-2017 08:20PM

I sold the lot back to FIAT a while ago. Lost all the profits from the past few weeks but I guess it lessens my CGT burden.

Unsure where to set the buy orders because of the volatility. Could fall a long way yet, but the last time I felt like that it shot up 3k and I was left behind.

brendanwalsh · 21-12-2017 08:44PM

Bears make money. Bulls make money. Little pigs get slaughtered. And there's a lot of hogs being butchered today. Take your bacon off the table guys before you get sizzled.

pro_gnostic_8 · 21-12-2017 08:45PM

Drama Queen !

edit by LoLth: attack the post, not the poster. doesnt matter if you are being facetious or if you are being accurate. lets not descend to name calling please.

Buying bitcoins

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