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re: Official CryptoTalk Thread

Posted on 5/31/17 at 1:10 pm to
Posted by TheWiz
Third World, LA
Member since Aug 2007
11866 posts
Posted on 5/31/17 at 1:10 pm to
To answer you're question, I see people trading WAY north of $15k on Polo.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42266 posts
Posted on 5/31/17 at 1:10 pm to
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40472 posts
Posted on 5/31/17 at 1:12 pm to
I've seen HUGE sell orders on Gemini.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42266 posts
Posted on 5/31/17 at 1:14 pm to
But hang on, can you convert ETH (or BTC) into USD on Polo?

Maybe I'm mixing things up but I know you have to transfer ETH/BTC there in order to buy Golem.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 5/31/17 at 1:14 pm to
No.

Polo will take usdt but not USD
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42266 posts
Posted on 5/31/17 at 1:16 pm to
So how do you convert a large amount of currency onto Polo into USD?
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/31/17 at 1:17 pm to
Put it into eth or BTC and transfer out
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42266 posts
Posted on 5/31/17 at 1:18 pm to
How big we talking?
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40472 posts
Posted on 5/31/17 at 1:18 pm to
I imagine one of the easier ways would be to transfer you ETH from Polo to something like CB or Gemini and then sell them for cash there.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40472 posts
Posted on 5/31/17 at 1:18 pm to
quote:

How big we talking?


I've seen sell orders of over 1k ETH
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 5/31/17 at 1:19 pm to
You can't convert to USD on polo.

You can sell whatever coin you have on there for btc/eth though and send it back to something like coinbase
This post was edited on 5/31/17 at 1:21 pm
Posted by Shmoogles
Member since May 2017
29 posts
Posted on 5/31/17 at 1:20 pm to
quote:

For the future: where is the best place to buy very large sums of ETH? Talking north of $15k.


I think if you jump up to Tier 3 verification on Kraken (Government issued ID, Proof of Residence, SSN), you can deposit $25k worth of fiat. Tier 4 is $100k, but you have to go through a special verification process for that.

Posted by jondavid11
benton,la
Member since Aug 2007
1169 posts
Posted on 5/31/17 at 1:25 pm to
@bayoubengals88. Might be time to change the Bitcoin title from "Just for fun" on your list of links under the Money Board. Although it is great fun it is a serious investment as well.
Posted by TheWiz
Third World, LA
Member since Aug 2007
11866 posts
Posted on 5/31/17 at 1:30 pm to
Are we talking about the same buy/sell orders? Y'all are talking about $1k. I saw a transaction to buy 991 ETH yesterday for around $195k on Polo.
Posted by lighter345
Member since Jan 2009
11893 posts
Posted on 5/31/17 at 1:31 pm to
Just want everyone to know JohnnyKilroy came through in the clutch for me and made an order for me last week. Finally approved by Gemini after dealing with an unknown account restriction with Coinbase for the last year.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42266 posts
Posted on 5/31/17 at 1:32 pm to
Yeah I was thinking Kraken might be the answer. I'm tier 3 certified right now. Have a purchase limit all the way up to $50k USD.

Not sure a sell limit.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 5/31/17 at 1:36 pm to
Back to BAT


Posted by KarlMalonesFlipPhone
Member since Sep 2015
3848 posts
Posted on 5/31/17 at 1:36 pm to
I wonder if anyone took up Rover Range on his offer. I also wonder how far gone he is with their moneys.
Posted by UnluckyTiger
Member since Sep 2003
42093 posts
Posted on 5/31/17 at 1:41 pm to
Haven't been able to pay much attention today but what are the latest rumors/speculation on ETH today?
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 5/31/17 at 1:43 pm to
Not much going on besides OkCoin
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