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re: Official CryptoTalk Thread

Posted on 5/1/17 at 9:31 am to
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26574 posts
Posted on 5/1/17 at 9:31 am to
Awesome! I hope you get even richer. What is your email?
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40966 posts
Posted on 5/1/17 at 9:43 am to
Got ID verified but still can't purchase more than $100.

Wtf?
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26574 posts
Posted on 5/1/17 at 10:14 am to
Are you going through a credit card, or your bank account?
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40966 posts
Posted on 5/1/17 at 10:28 am to
I added credit card first. Confirmed the 2 small deposits. Then I uploaded front/back of my DL. Says I was confirmed, but I don't show the initial $100 purchase (even though it shows my $100 limit for the week was spent). And it hasn't shown anything about an increase anywhere.

I'm trying to add a checking account as we speak. Hope it doesn't hit $100+ while I'm fricking around with this
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26574 posts
Posted on 5/1/17 at 10:29 am to
Yeah you need to do bank, the limit will be 2500.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40966 posts
Posted on 5/1/17 at 10:31 am to
I thought you could raise limits on the credit card as well with pics of you ID?

ETA: Course if this thing goes to $1000 like we're all hoping $20/unit won't matter much
This post was edited on 5/1/17 at 10:32 am
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26574 posts
Posted on 5/1/17 at 10:44 am to
Haha you are supposed to be able to, but I haven't tried it that way.

Also be careful thinking in absolute terms (Bitcoin is 1400, why not Ethereum). The price is relative to quantity of "shares" so getting the same market cap will be at a vastly different price.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40966 posts
Posted on 5/1/17 at 10:53 am to
Got it.

What is your hopeful valuation of ETH in say, 6 months?
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 5/1/17 at 11:12 am to
I said this in my first post in here about not valuing ETH like BTC. Right now about $250 on ETH would equal the current BTC price. With that said, I don't think $150 is ridiculous on this ETH. It's got alot more functionality than BTC. Longer term, I can see it being many times larger than BTC with corporations actually using the blockchain which they refuse to do with BTC. I dont know the timeframe but higher in 1 year.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40966 posts
Posted on 5/1/17 at 11:50 am to
What's your short term and long term plans with it?
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 5/1/17 at 12:01 pm to
These cryptocurrencies have major implications on all businesses moving forward. Bitcoin was an incredible first step, but its lack of transparency kept alot of people out of it. Ethereum had advanced on alot of the things bitcoin didn't do, and with a real management team behind it. The big corporations using it are proof of concept that they're interested in the blockchain when its legit. Id love to have more but for whatever reason coinbase only allows us to buy a set amount.

I've stated I would buy it up until $100 initially but realistically anywhere under a $10B market cap which $125 or so its probably fine as thats still 50% less than the value of BTC. Im just going to hold it, its a trade like anything else, but this is everything people who were scared of bitcoin should be embracing, its answered alot of the questions that early BTC adopters had.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40966 posts
Posted on 5/1/17 at 12:04 pm to
fricking Coinbase is making me mad.

Really hoping to load up on $5k+ of it but I can't do shite ATM.

Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26574 posts
Posted on 5/1/17 at 12:14 pm to
Yeah the verification process takes a couple days as I recall.
This post was edited on 5/1/17 at 12:18 pm
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 5/1/17 at 12:16 pm to
Yea what's up man, you want me to email you? I don't really have any emails but my personal one with my real name. Is there something you wanted? I have a twitter if you post your handle I'll follow you and you can message me.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26574 posts
Posted on 5/1/17 at 12:18 pm to
Ah ok. No I don't want you revealing your identity. I don't have a twitter.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40966 posts
Posted on 5/1/17 at 12:50 pm to
Make a burner email. I use my TD handle.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26574 posts
Posted on 5/1/17 at 3:31 pm to
Looks like the price has taken a nice dip today. 77 and change
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40966 posts
Posted on 5/1/17 at 3:39 pm to
I'll take advantage of it...OH WAIT WTF COINBASE
Posted by PillPusher
Gulf Coast
Member since Oct 2009
5706 posts
Posted on 5/1/17 at 3:58 pm to
Finally got my account linked. I've never seen any kind of investment opportunity that limited the amount you could invest. If I want to lose all my money, let me lose it!
Posted by bayoubengals88
LA
Member since Sep 2007
18881 posts
Posted on 5/1/17 at 4:09 pm to
What now?

I hate how the price can be quite different based on which exchange you look at.
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