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Started By
Message
re: Official CryptoTalk Thread
Posted on 5/28/17 at 4:51 pm to TigerTatorTots
Posted on 5/28/17 at 4:51 pm to TigerTatorTots
(no message)
This post was edited on 12/18/17 at 9:01 pm
1
Posted on 5/28/17 at 5:15 pm to TigerTatorTots
Keep key is nice - have no complaints .
This post was edited on 5/28/17 at 5:17 pm
Posted on 5/28/17 at 5:33 pm to mobbarley
quote:
If you sell your ETH on coinbase it goes to your linked bank account. Takes 2-3 days I believe
No. It goes in your USD wallet on coinbase. You have to manually withdraw it to your bank account.
quote:
Oh, so you cant have any USD staying in coinbase? You would have to then repurchase Ether and wait another week for clearing?
It can sit on coinbase. You have four wallets there. BTC, ETH, LTC and USD
You can insta-trade in coinbase just like any other exchange as long as you have funds already in your account. The delay happens when you are depositing fiat into your coinbase account.
This post was edited on 5/28/17 at 5:38 pm
Posted on 5/28/17 at 5:44 pm to MrSmith
My apologies Mrsmith, thank you for the correct info. Good to know there is instant trades on Coinbase. Have not messed with USD wallet on the app yet
Posted on 5/28/17 at 5:46 pm to mobbarley
No worries! Just want people to be able to join in the fun. I'm not even sure if it's called a USD wallet but that's what I've been calling it.
Posted on 5/28/17 at 5:49 pm to Deactived
Unless you're balling out, why isn't coinbase a a suitable wallet? 250k insured.
I'm genuinely curious to what I'm missing here
I'm genuinely curious to what I'm missing here
Posted on 5/28/17 at 5:55 pm to rocket31
Sure its FDIC insured but if you plan on keeping ETH longterm, why not keep it even more secured, and physically hold it on a wallet. Id hate to be part of the process if anything happened and the FDIC did have to get involved.
The increase in exposure ETH has received recently will only make places like Coinbase, Gemini, Polo a greater risk for cyber attacks.
The increase in exposure ETH has received recently will only make places like Coinbase, Gemini, Polo a greater risk for cyber attacks.
Posted on 5/28/17 at 6:16 pm to mobbarley
quote:
Sure its FDIC insured but if you plan on keeping ETH longterm, why not keep it even more secured, and physically hold it on a wallet.
What if you physically lose the wallet or drive or it is stolen?
Posted on 5/28/17 at 6:47 pm to TigeRoots
You should keep a paper backup of your wallet and keys as well
Posted on 5/28/17 at 8:01 pm to MrSmith
Posted on 5/28/17 at 8:07 pm to MrSmith
How long does Gemini take to verify? Jesus frick
Posted on 5/28/17 at 8:16 pm to SlowFlowPro
He has a good point. I need to get one. Been seeing that one mentioned a lot.
Posted on 5/28/17 at 8:22 pm to The Boat
It took less than 48 hours for me. For what it's worth, I emailed them on the 2nd day. They emailed me back with a canned response but magically, I got my verification at about the same time.
This was my email:
Hey! I know you guys are slammed right now. I just want to check and make sure there wasn't anything else needed for my verification since it was still pending.
Thanks!
Their response:
I got their response at 8:41am and my verification email at 10:28am
Could have been coincidence though
This was my email:
Hey! I know you guys are slammed right now. I just want to check and make sure there wasn't anything else needed for my verification since it was still pending.
Thanks!
Their response:
quote:
Hi there, Thanks for reaching out. Recently there has been a steep increase in the number of signups which has caused a delay in our manual review process. We are working through the applications as quickly as possible and hope to have you verified very shortly. Thank you for your patience!
I got their response at 8:41am and my verification email at 10:28am
Could have been coincidence though
Posted on 5/28/17 at 8:31 pm to rocket31
My thoughts is that if I don't NEED them to be easily traded (long term holding), then it would prevent the headache of dealing with FDIC in the event of a site hack
Posted on 5/28/17 at 10:55 pm to TigerTatorTots
Love my Nano Ledger. What's great is with the word retrieval system, I can buy a new one and retrieve my ETH with this backup.
So no fear of losing it, fire, etc
So no fear of losing it, fire, etc
Posted on 5/28/17 at 10:58 pm to okietiger
Where'd you get yours?
Posted on 5/28/17 at 10:59 pm to TigerTatorTots
Directly from Ledger (in France).
Paid 20 bucks for expedited shipping and had it in like 4-5 business days.
Paid 20 bucks for expedited shipping and had it in like 4-5 business days.
Posted on 5/28/17 at 11:06 pm to okietiger
Did you have to also pay the tariff costs? What was it total including shipping?
Posted on 5/28/17 at 11:06 pm to okietiger
Posted on 5/28/17 at 11:14 pm to dkreller
COuldn't you just chisel a key into a steel bar for 1/20th the price? I thought the purpose of a wallet was to store digit info
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