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Posted on 5/6/17 at 10:47 am to TigerTatorTots
got my coins, that was an easy $335 profit in less than a week.
going to trade 5-10 of them i think and see if i can acquire more.
going to trade 5-10 of them i think and see if i can acquire more.
Posted on 5/7/17 at 8:41 am to rocket31
I saw someone on the Reddit sub that said something along the lines of "if you don't move your ETH to an offline wallet, you have no ETH". As a completely clueless beginner should this concern me? I only have a few units but I planned to just let them sit in my coinbase wallet until I was ready to sell and convert to USD. Is that wrong?
This post was edited on 5/7/17 at 8:42 am
Posted on 5/7/17 at 9:19 am to WG_Dawg
Get a non coinbase wallet and hold it there. I don't trust coinbase.
That way you can power your machine off and be safe (just be sure to backup your wallets).
People are trying to crack dormant wallets (found one with 66000 BTC in it, that's dormant and roughly 99 million USD. So if you crack it you win.
That way you can power your machine off and be safe (just be sure to backup your wallets).
People are trying to crack dormant wallets (found one with 66000 BTC in it, that's dormant and roughly 99 million USD. So if you crack it you win.
Posted on 5/7/17 at 9:26 am to plaric
quote:
Get a non coinbase wallet and hold it there
Can you simplify this for me? I understand the reasoning and the overall point I just don't know how to go about doing it.
Posted on 5/7/17 at 9:59 am to WG_Dawg
I'm interested in why coinbase isn't trust worthy. They are backed by huge corporations like chase and USAA.
This post was edited on 5/7/17 at 10:00 am
Posted on 5/7/17 at 10:14 am to WG_Dawg
Best bet if you're going to hold 1000s in ETH (or BTC, LTC, etc) is to buy something like a Ledger Nano. This securely stores your cryptocurrency on your own device.
Posted on 5/7/17 at 10:31 am to okietiger
All total I will end up holding less than 10 eth units. Would anyone even bother attempting to steal that small an amount?
Posted on 5/7/17 at 12:24 pm to WG_Dawg
I'm just gonna take my chances with Coinbase, as I don't ever plan on holding more than 50-60 units, unless my risk perception changes. Have around 30 now.
That said, I am going to research wallets and see what the process is to have one separate from Coinbase.
That said, I am going to research wallets and see what the process is to have one separate from Coinbase.
Posted on 5/7/17 at 1:04 pm to TigeRoots
I guess with as many big time backers as coinbase has, why is it considered a risk? Is there a security perception issue with them?
Posted on 5/7/17 at 1:05 pm to TigeRoots
Another issue to think about is the $25,000 weekly withdrawal limit. If ETH does what people are hoping, you can easily max that weekly limit and then you're subject to market risk. Just something to think about.
Posted on 5/7/17 at 2:20 pm to tigersnipen
Coinbase is not that risky as long as you turn on two factor authentication. In other words, if you try to send money somewhere, it will prompt you to put in a verification code that is sent to your cell phone.
So a hacker would have to have both: your Coinbase login, AND access to your cell phone.
So a hacker would have to have both: your Coinbase login, AND access to your cell phone.
Posted on 5/7/17 at 6:01 pm to TigerTatorTots
I would max out on LTE. Huge money to be made.
Posted on 5/7/17 at 6:07 pm to NastyTiger
What happened in the past hour? We are down 14%
ETA: 18%
ETA: 18%
This post was edited on 5/7/17 at 6:08 pm
Posted on 5/7/17 at 6:19 pm to TigerTatorTots
Posted on 5/7/17 at 6:29 pm to TigerTatorTots
DBF sold, triggering a market wide sell off.
Posted on 5/7/17 at 6:38 pm to TigerTatorTots
frick looks like i missed that dip
ive been waiting all day
i sold at 96.28
ive been waiting all day
i sold at 96.28
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