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re: Official CryptoTalk Thread
Posted on 4/23/21 at 3:00 pm to white perch
Posted on 4/23/21 at 3:00 pm to white perch
quote:yeah. you can put btc, eth, link, ltc, usdc, busd, usdt, and a few others in there
If I have btc, eth, and a few other coins In Coinbase Pro and bittrex, can I transfer them to blockfi?
0
Posted on 4/23/21 at 3:19 pm to white perch
yea. i use a few services and never had a problem. if you want to withdrawal your coins blockfi makes you take pictures and upload an ID again which is annoying but it's for security purposes
these lending outlets will be mainstream soon.i wouldn't be surprised if the legacy banks start offering crypto yield to compete. why hold dollars in a bank for 0.05% apy when you can get 10% at blockfi?
these lending outlets will be mainstream soon.i wouldn't be surprised if the legacy banks start offering crypto yield to compete. why hold dollars in a bank for 0.05% apy when you can get 10% at blockfi?
Posted on 4/23/21 at 3:25 pm to rocket31
time will tell if the dip is over but that was the 4th big bitcoin dip this year
32%
26%
20%
27%
still up ~80% for 2021
32%
26%
20%
27%
still up ~80% for 2021
Posted on 4/23/21 at 3:26 pm to rocket31
Haven't tried withdrawal from blockfi yet, but just tried celcius yesterday and it takes 24 hours for a new key withdrawal
Posted on 4/23/21 at 3:31 pm to 21JumpStreet
yea well blockfi it was kinda awkward. had to do a 360 headshot.
Posted on 4/23/21 at 3:31 pm to rocket31
quote:yeah, i'm very tempted to move my savings into stablecoins over at blockfi. only concerns are the amount of time it'll take to get my money back to my bank account since i think it's 3-5 days for a withdrawal from coinbase
these lending outlets will be mainstream soon.i wouldn't be surprised if the legacy banks start offering crypto yield to compete. why hold dollars in a bank for 0.05% apy when you can get 10% at blockfi?
Posted on 4/23/21 at 3:40 pm to OneMoreTime
yea. I haven't withdrawn stable but they say it's the next business day and you do get 1 free stable withdrawal per month
Posted on 4/23/21 at 4:09 pm to Tiguar
quote:
I guess it really depends on your goal. I’m not really a swing trader, so I will probably wait until absolute bottom in 12 months or so and then all in on stuff
So you're gonna wait until the bull market is over to buy?
Posted on 4/23/21 at 4:44 pm to TigerTatorTots
quote:
That’s my LA Rep. had no clue he was a bitcoiner
he said this earlier..
we also have a bill (HB 482), which passed the House and would set up a regulatory sandbox for blockchain and cryptocurrency businesses
and then cynthia lummis from wyoming tweeted cassidy and kennedy
LINK
Hey
@SenJohnKennedy and @BillCassidy
. Let’s visit. As is frequently the case, our states seem to be in the same page. Let’s take this thing national. #Bitcoin
This post was edited on 4/23/21 at 4:47 pm
Posted on 4/23/21 at 4:48 pm to rocket31
For BlockFi, for withdrawals do you have to exchange BTC/ETH/etc for a stablecoin to send to your bank account?
Posted on 4/23/21 at 5:18 pm to Parallax
Had an infuriating debate with a coworker that wants Bitcoin banned or taxed to oblivion for being bad for the environment today
I feel like these people are robots taking in their input from the media and running a processor to regurgitate mangled talking points.
I feel like these people are robots taking in their input from the media and running a processor to regurgitate mangled talking points.
Posted on 4/23/21 at 5:32 pm to Ross
quote:
bad for the environment today
How is it bad for the environment? I have yet to look down in a parking lot and see a Bitcoin. I have seen plenty of pennies, dimes, nickels and quarters thougg
Posted on 4/23/21 at 5:35 pm to Outdoorreb
Pretty sure most energy used is renewable or captured waste energy.
And frankly people pay the fair market value for their energy, they can do with it what they please. If it concerns you, fix the electrical grid and switch to nuclear, but don’t make villains out of the end users.
And frankly people pay the fair market value for their energy, they can do with it what they please. If it concerns you, fix the electrical grid and switch to nuclear, but don’t make villains out of the end users.
Posted on 4/23/21 at 5:53 pm to Ross
Tell em buy iota, green energy 
This post was edited on 4/23/21 at 5:54 pm
Posted on 4/23/21 at 5:57 pm to 21JumpStreet
He thinks that using the green energy means another more worthwhile cause doesn’t get the energy.
I gave up on it at that point.
I gave up on it at that point.
Posted on 4/23/21 at 6:06 pm to Ross
Do you think all this talk is because threes people a pissed that they missed out on the early days of crypto? I mean I did too, but I don’t want the them banned/regulated in to oblivion.
If a politician is against it, how are they going to benefit from it? We all know they will gain something for it.
If a politician is against it, how are they going to benefit from it? We all know they will gain something for it.
Posted on 4/23/21 at 6:09 pm to Ross
quote:
Pretty sure most energy used is renewable or captured waste energy. And frankly people pay the fair market value for their energy, they can do with it what they please. If it concerns you, fix the electrical grid and switch to nuclear, but don’t make villains out of the end users.
I am so confused. What does this have to do with Bitcoin being dangerous for the environment?
Posted on 4/23/21 at 6:12 pm to Outdoorreb
think it’s jealousy and ignorance with a touch of political bias against the government losing any amount of control
Posted on 4/23/21 at 6:13 pm to Outdoorreb
Bitcoin isn’t dangerous for the environment, but I just wanted to add that the environment FUD types can deal with it because people are paying for their energy and should be allowed to use it as they see fit.
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