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Started By
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re: Official CryptoTalk Thread
Posted on 10/7/19 at 1:38 pm to BlueChips
Posted on 10/7/19 at 1:38 pm to BlueChips
quote:
Does the value of the LINK coin come from users having to use the coin in order to use the blockchain?
there is no “link” blockchain. It is he Chainlink oracle network which is run by users running Link nodes for a decentralized oracle network. You pay the node operators in Link and the node operators stake their reputation with Link tokens as collateral. If we start talking high value contracts then the cost of the contract will need to be equal to the penalty deposits to guarantee trustworthy and reliable data. Link is divisible up to 16 decimal places. Even if it is worth a high amount the contract can be paid for in say .1 Link if needed so the high price doesn’t matter. It probably has the best tokenomics out of any crypto.
0
Posted on 10/7/19 at 1:43 pm to TigerTatorTots
So is the ledger Nanos the recommended wallet? I guess I should move them off Coinbase.
Posted on 10/7/19 at 1:56 pm to lighter345
Ledger Nano is a popular one. So is Trezor
Personally, I use the Nano
Personally, I use the Nano
Posted on 10/7/19 at 2:25 pm to TigerTatorTots
i have about 10% of my stash on coinbase. need a quick exit if it really does moon. i’m not worried about it being on coinbase.
Posted on 10/7/19 at 2:27 pm to CE Tiger
Yea a small portion is normal. I'm more talking to the people that have most of their stuff on exchanges
Posted on 10/7/19 at 2:44 pm to jmcwhrter
I’ve been trading for months and last week they disabled my trading and locked me out of account with close to 20 grand in there. I couldn’t talk to anyone but a foreign lady that couldn’t help me at all. Terrible terrible Customer service and this is what they sent me.
Hello there,
Thanks for contacting Coinbase.
Coinbase reviewed your account and has determined that you are not eligible to use the Coinbase platform to purchase cryptocurrency or use our deposit services. As such, you are no longer eligible to link any payment methods. We are not able to provide you with any additional information.
You will be able to transfer, sell, or withdraw any balance currently in your Coinbase account. Please note, you may need to wait until funds are available for withdrawal and we will not be able to expedite this process.
We're sorry for any inconvenience that this may cause.
Kind Regards,
It’s been the worst week of my life trying to get back in to my account, zero support from these idiots. Be very careful on this site. Keep in mind, if this happened to me it will happen to you. There was no reason at all and they couldn’t give me an explanation.
Hello there,
Thanks for contacting Coinbase.
Coinbase reviewed your account and has determined that you are not eligible to use the Coinbase platform to purchase cryptocurrency or use our deposit services. As such, you are no longer eligible to link any payment methods. We are not able to provide you with any additional information.
You will be able to transfer, sell, or withdraw any balance currently in your Coinbase account. Please note, you may need to wait until funds are available for withdrawal and we will not be able to expedite this process.
We're sorry for any inconvenience that this may cause.
Kind Regards,
It’s been the worst week of my life trying to get back in to my account, zero support from these idiots. Be very careful on this site. Keep in mind, if this happened to me it will happen to you. There was no reason at all and they couldn’t give me an explanation.
This post was edited on 10/7/19 at 2:49 pm
Posted on 10/7/19 at 3:10 pm to Kaybaby82
No idea what why people still trust Coinbase
Posted on 10/7/19 at 3:26 pm to LSUtoOmaha
Lesson learned! I thought a company based out of San Francisco in the US would be fine to store currency. They could confiscate your crypto and it would take an act of Congress to get it out. I’ve had more anxiety over it last week than anything I can think of.
Posted on 10/7/19 at 3:28 pm to TigerTatorTots
Gotcha, Thanks. Just ordered one.
Posted on 10/8/19 at 6:49 am to lighter345
Link doing things this morning
Posted on 10/8/19 at 6:58 am to CE Tiger
I see! Still the INTEL news or something new ? Not seeing anything on twitter.
Posted on 10/8/19 at 7:22 am to Kaybaby82
That’s good. Just remember the overarching point of crypto is you do not have to trust an Intermediary with your money
Posted on 10/8/19 at 8:18 am to DreauxB2015
probably a devcon prepump. Two presentations there for chainlink so it could just be another conference pump
Posted on 10/8/19 at 8:51 am to CE Tiger
So when you eventually decide to sell - what’s your plan? Where do you propose to sell your stuff?
Posted on 10/8/19 at 9:16 am to eng08
most likely coinbase
Posted on 10/8/19 at 7:32 pm to CE Tiger
I may be jumping the gun but its looking like an alt cycle is starting . BTC dominance is slowly dropping and money moving to a select few alts 
This post was edited on 10/9/19 at 4:02 am
Posted on 10/8/19 at 8:46 pm to DreauxB2015
If alt season is coming, f yes.
Posted on 10/9/19 at 5:57 am to AMS
Link is on fire! My friend has been telling me about Link for a while now. I saw it trending up this week so finally decided to buy a little(unfortunately, a small amount) at $2.37 a couple days ago on Coinbase. This was my first ever crypto purchase and I’m just reading some of the comments on here about coinbase. Guessing the group recommends using another service?
Posted on 10/9/19 at 7:19 am to TitleistProV1X
welcome aboard, Marine
Posted on 10/9/19 at 9:12 am to CE Tiger
Link go up. Link go way way up.
Link is good.
Link is good.
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