re: At $9600 per, Bitcoin is expected to hit the $10,000 mark today.

Posted by rocket31

Member since Jan 2008

41887 posts

Posted on 12/8/17 at 3:25 pm to 13SaintTiger

LINK

That link explains it well using BTC. If you use ETH it's cheaper

Also if you wanted to avoid coinbase fees you could use thier exchange GDAX

All you'd do is link your coinbase account to GDAX

This post was edited on 12/8/17 at 3:27 pm

Posted by Vanilla Ice

2018 Saints Talk Poster of the Year

Member since Apr 2013

5455 posts

Posted on 12/8/17 at 3:40 pm to MLSter

Do they not have instructions on the interwebs?

Posted by el Gaucho

He/They

Member since Dec 2010

59172 posts

Posted on 12/8/17 at 4:20 pm to MLSter

I ain't getting shite til Tuesday

Posted by rocket31

Member since Jan 2008

41887 posts

Posted on 12/8/17 at 5:59 pm to rocket31

quote:
IOTA clocking in at $4.68

$5.00 now Bros

Imagine how rustled boomers are getting

This post was edited on 12/8/17 at 6:00 pm

Posted by WG_Dawg

Member since Jun 2004

90313 posts

Posted on 12/8/17 at 6:01 pm to MLSter

quote:
Very disappointed with coinbase so far.

The 7 day wait and limit is killing me.

If you're trying to daytrade and get in and out quickly coinbase isn't gonna be your thing. For many, many people (myself included) who are holding for the long haul coinbase is perfectly fine and is FDIC insured. But yeah if you're looking for quicker turnaround you're gonna want to transfer to a different exchange.

Posted by rocket31

Member since Jan 2008

41887 posts

Posted on 12/8/17 at 6:02 pm to WG_Dawg

Good advice indeed

I think he's waiting for his initial deposit to clear

Posted by tduecen

Member since Nov 2006

161246 posts

Posted on 12/8/17 at 6:03 pm to MLSter

If you have a debit or credit card it is instant

Posted by rocket31

Member since Jan 2008

41887 posts

Posted on 12/8/17 at 6:06 pm to rocket31

Hi Boomers :coco2:

Are you mad you listened to Jim Cramer's advice and invested into Macy's?

We just made over 500% in two weeks

See ya later Boomers

Posted by tduecen

Member since Nov 2006

161246 posts

Posted on 12/8/17 at 6:09 pm to rocket31

I can't imagine how much some of you have in this, I put 1k originally and thought I was losing my mind after talking to my financial guy. I wish I would have cashed out my retirement and put in this now instead.

Posted by jimbeam

University of LSU

Member since Oct 2011

75703 posts

Posted on 12/8/17 at 6:11 pm to tduecen

Let's say everyone would have done that: what the hell happens to money as we know it? Does everything just explode in cost as well?

Posted by LSU fan 246

Member since Oct 2005

90567 posts

Posted on 12/8/17 at 6:12 pm to WG_Dawg

fwiw and iirc, being fdic insured is just for your USD on coinbase.

now they do say they store your coins(well 90%) in cold storage, but who knows

Posted by HempHead

Big Sky Country

Member since Mar 2011

56700 posts

Posted on 12/8/17 at 6:12 pm to tduecen

quote:
I wish I would have cashed out my retirement and put in this now instead.

I'd still advise against that. With a significant amount of holdings, it isn't all that easy to liquidate.

Posted by HempHead

Big Sky Country

Member since Mar 2011

56700 posts

Posted on 12/8/17 at 6:14 pm to jimbeam

quote:
Let's say everyone would have done that: what the hell happens to money as we know it? Does everything just explode in cost as well?

No, effective prices would remain subject to the same factors as they currently are. We would just see an even greater explosion in valuation, and we would use smaller and smaller denominations of bitcoin to pay for goods and services. No one really loses, and early investors gain.

Posted by jimbeam

University of LSU

Member since Oct 2011

75703 posts

Posted on 12/8/17 at 6:15 pm to HempHead

That's what I assumed. So gotta beat the wave of people buying...