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re: Official CryptoTalk Thread

Posted on 6/11/17 at 10:10 am to
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 6/11/17 at 10:10 am to
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 6/11/17 at 10:25 am to
Lmao
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 6/11/17 at 10:42 am to
Bitcoin. Wtf.
Posted by dkreller
Laffy
Member since Jan 2009
33602 posts
Posted on 6/11/17 at 10:45 am to
damn that's a nice jump
Posted by tigrbabe08
Member since Apr 2017
219 posts
Posted on 6/11/17 at 10:53 am to
Just downloaded Jaxx (desktop client) and moved all my ETH off Coinbase to my Jaxx wallet. Coinbase was starting to spook me with all their delays, fees, downtimes etc.

Is what I've done a safe way to store my ETH (Jaxx wallet)?

Just wanting to HODL for a while...when I want to sell I suppose I'll have to move it back to Coinbase or something.
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 6/11/17 at 11:12 am to
quote:

when I want to sell I suppose I'll have to move it back to Coinbase or something.

Well yeah Jaxx is definitely better than keeping it on an exchange. Make sure you back it up and write down your 12 word phrase
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42269 posts
Posted on 6/11/17 at 11:43 am to
Do what you want but get setup on something like Gemini. Better fees and no minimums.

I personally keep my ETH on a Nano Ledger, but I have my GNT on Exodus on my CPU which sounds like Jaxx. Seems secure to me.
Posted by mb810
Member since Dec 2011
259 posts
Posted on 6/11/17 at 12:07 pm to
How much was that nano ledger? I remember people saying they were majorly backordered.
Posted by Tigerholic
Member since Sep 2006
2487 posts
Posted on 6/11/17 at 12:16 pm to
Anyone still buying ETH or just sitting on your current coins?
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 6/11/17 at 12:24 pm to
I bought more on Friday. Usually buy every 2-3 days
Posted by TomRollTideRitter
Member since Aug 2016
13216 posts
Posted on 6/11/17 at 12:29 pm to
What's wrong with keeping it on Coinbase? I thought someone said Coinbase was fdic insured.

Is Coinbase more likely to get hacked?
This post was edited on 6/11/17 at 12:31 pm
Posted by tigrbabe08
Member since Apr 2017
219 posts
Posted on 6/11/17 at 12:32 pm to
It is, but there have been quite a few reports of people having their accounts locked/frozen by Coinbase with no explanation and their customer support is notoriously terrible. Essentially, it's risky for people who have a ton of skin in the game because Coinbase could technically lock your shite down at a moment's notice and you could never get it back.

Also their site seems to have a major issue every other day or so.
Posted by TomRollTideRitter
Member since Aug 2016
13216 posts
Posted on 6/11/17 at 12:35 pm to
Is Poloniex safe enough or should I get something else?
Posted by tigrbabe08
Member since Apr 2017
219 posts
Posted on 6/11/17 at 12:41 pm to
Polo is good for trading from what I understand, but I wouldn't store my crypto there (or on any exchange). People recommend moving it to a secure wallet, I just downloaded Jaxx this morning to do this.

Others advocate for "hard" wallets like the Ledger Nano. I may do that eventually but for now, I'm just small potatoes.
Posted by TomRollTideRitter
Member since Aug 2016
13216 posts
Posted on 6/11/17 at 12:43 pm to
thanks
Posted by TigeRoots
Member since Oct 2008
8556 posts
Posted on 6/11/17 at 1:24 pm to
quote:

Anyone still buying ETH or just sitting on your current coins?


Grabbed a few more yesterday at $315. I've been adding a few every time it drops $10-12. Usually it bounces right back up. Of course, that is subject to change at any time...
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 6/11/17 at 1:39 pm to
Coinbase is not going to steal anyone's coins wtf. So much fake news
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 6/11/17 at 1:48 pm to
(no message)
This post was edited on 2/8/18 at 12:45 am
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 6/11/17 at 1:58 pm to
Did you get back into the eth rocketship bruh?
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 6/11/17 at 2:05 pm to
change.org
quote:

Lamborghini: Accept ETH as a currency to purchase your cars
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