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Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
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Topic: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin) (Read 320242 times)
bobAlike
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Re: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
«
Reply #585 on:
January 04, 2018, 09:28:43 PM »
Quote from: Woodsey on January 04, 2018, 08:49:41 PM
Quote from: bobAlike on January 04, 2018, 08:34:11 PM
Quote from: Woodsey on January 04, 2018, 07:44:18 PM
Might lob £500 on a few of the lesser knows coins just for a punt, is Binance a reputatable place to get them? Or somewhere else that sells loads of the different ones other than bitcoin?
I pretty sure you can’t by with cash on Binance, you have to use Bitcoin or Ethereum
Ok what’s the simplest way to buy smaller currencies, thinking about POE.....
Not sure the best way but I originally had a bit on Coinbase (ETH & LTC) paid for in cash but later transferred it to Binance.
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Ah! The element of surprise
Woodsey
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Re: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
«
Reply #586 on:
January 04, 2018, 09:44:46 PM »
Quote from: bobAlike on January 04, 2018, 09:28:43 PM
Quote from: Woodsey on January 04, 2018, 08:49:41 PM
Quote from: bobAlike on January 04, 2018, 08:34:11 PM
Quote from: Woodsey on January 04, 2018, 07:44:18 PM
Might lob £500 on a few of the lesser knows coins just for a punt, is Binance a reputatable place to get them? Or somewhere else that sells loads of the different ones other than bitcoin?
I pretty sure you can’t by with cash on Binance, you have to use Bitcoin or Ethereum
Ok what’s the simplest way to buy smaller currencies, thinking about POE.....
Not sure the best way but I originally had a bit on Coinbase (ETH & LTC) paid for in cash but later transferred it to Binance.
Ok cheers mate, that seems consistent with what someone else told me
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lucky_scrote
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Re: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
«
Reply #587 on:
January 04, 2018, 10:17:41 PM »
Coinbase fees are exuberant but it seems that is the only way for most people, especially for smaller amounts.
If you're lucky enough to know someone who can sell you bitcoin for cash, then that will be the best and cheapest solution.
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Quote from: titaniumbean on April 05, 2013, 02:23:10 PM
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Quote from: lucky_scrote on August 04, 2014, 04:57:13 AM
stato_1 said, "banoffee pie i reckon"
stato_1 said, "this is delicious"
bergeroo
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Re: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
«
Reply #588 on:
January 05, 2018, 12:45:25 AM »
If you use gdax you will pay less fees than coinbase. It is also owned by them. I would recommend buying ETH or Litecoin as the transfer fees on bitcoin are a killer.
Binance isn't taking new sign ups right now so that could be a problem.
I've used kucoin which has a lot of small market cap coins and it has worked well
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Woodsey
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Re: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
«
Reply #589 on:
January 05, 2018, 12:47:58 AM »
As fate would have it my snide sports streamer of choice only now takes bitcoin as payment, just popped up now, they must know something
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marcro
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Re: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
«
Reply #590 on:
January 05, 2018, 09:26:20 AM »
Quote from: Woodsey on January 05, 2018, 12:47:58 AM
As fate would have it my snide sports streamer of choice only now takes bitcoin as payment, just popped up now, they must know something
Is that SportsMania?
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Woodsey
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Re: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
«
Reply #591 on:
January 05, 2018, 09:47:35 AM »
Quote from: marcro on January 05, 2018, 09:26:20 AM
Quote from: Woodsey on January 05, 2018, 12:47:58 AM
As fate would have it my snide sports streamer of choice only now takes bitcoin as payment, just popped up now, they must know something
Is that SportsMania?
Ulimatemania, but yes same company.....
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marcro
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Re: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
«
Reply #592 on:
January 05, 2018, 09:57:27 AM »
Quote from: Woodsey on January 05, 2018, 09:47:35 AM
Quote from: marcro on January 05, 2018, 09:26:20 AM
Quote from: Woodsey on January 05, 2018, 12:47:58 AM
As fate would have it my snide sports streamer of choice only now takes bitcoin as payment, just popped up now, they must know something
Is that SportsMania?
Ulimatemania, but yes same company.....
Their move to bitcoin payments is putting a lot of customers off renewing their subs. The fees associated with third parties to complete the buying and making the payment seem excessive.
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tikay
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Re: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
«
Reply #593 on:
January 05, 2018, 10:19:08 AM »
Quote from: marcro on January 05, 2018, 09:57:27 AM
Quote from: Woodsey on January 05, 2018, 09:47:35 AM
Quote from: marcro on January 05, 2018, 09:26:20 AM
Quote from: Woodsey on January 05, 2018, 12:47:58 AM
As fate would have it my snide sports streamer of choice only now takes bitcoin as payment, just popped up now, they must know something
Is that SportsMania?
Ulimatemania, but yes same company.....
Their move to bitcoin payments is putting a lot of customers off renewing their subs. The fees associated with third parties to complete the buying and making the payment seem excessive.
Is that because, being forced to pay in Bitcoin, the price, in effect, has rocketed, or does it not work like that?
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marcro
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Posts: 1154
Re: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
«
Reply #594 on:
January 05, 2018, 11:26:00 AM »
Quote from: tikay on January 05, 2018, 10:19:08 AM
Quote from: marcro on January 05, 2018, 09:57:27 AM
Quote from: Woodsey on January 05, 2018, 09:47:35 AM
Quote from: marcro on January 05, 2018, 09:26:20 AM
Quote from: Woodsey on January 05, 2018, 12:47:58 AM
As fate would have it my snide sports streamer of choice only now takes bitcoin as payment, just popped up now, they must know something
Is that SportsMania?
Ulimatemania, but yes same company.....
Their move to bitcoin payments is putting a lot of customers off renewing their subs. The fees associated with third parties to complete the buying and making the payment seem excessive.
Is that because, being forced to pay in Bitcoin, the price, in effect, has rocketed, or does it not work like that?
I think it is due to transaction fees which can vary from £3-4 to £10-13 depending on what time of day you transact. Not so much a problem if you buy them and watch the value skyrocket but it does come into consideration if you simply want to buy some bitcoins to pay for a £34 subscription. I have read some comments that to pay the £34 it cost £50 cover all of the fees. There are a number of providers who charge different fee structures, all very complicated which I think needs to be addressed before bitcoins are used for simple transactions.
The reason this vendor has gone to bitcoin is because none of the regular payment processors will accept their business since they have been identified as a sports streaming service who do not have any agreements from the Sky Sports of the world to broadcast their channel. Bitcoin seems popular for dodgy business payments!
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bergeroo
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Posts: 2199
Re: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
«
Reply #595 on:
January 05, 2018, 01:13:03 PM »
why wouldn't the streaming service use Litecoin or Ethereum, the fees are much smaller, it doesn't make sense!
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Longines
Gamesmaster
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Posts: 3798
Re: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
«
Reply #596 on:
January 05, 2018, 04:35:20 PM »
Wonder how many Russians/Chinese/North Koreans are currently testing Spectre and Meltdown exploits to obtain private keys?
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nirvana
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Posts: 7806
Re: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
«
Reply #597 on:
January 05, 2018, 04:53:42 PM »
Quote from: bergeroo on January 05, 2018, 01:13:03 PM
why wouldn't the streaming service use Litecoin or Ethereum, the fees are much smaller, it doesn't make sense!
They probably know as much as everyone here or Evan Davis of Newsnight interviewing an economics prof yesterday.
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sola virtus nobilitat
SuuPRlim
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Posts: 10536
Re: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
«
Reply #598 on:
January 05, 2018, 05:35:24 PM »
time to get them cap-gains forms back out lads, whooohoooo
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typhoon13
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Posts: 3330
Re: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)
«
Reply #599 on:
January 06, 2018, 07:32:59 AM »
Quote from: SuuPRlim on January 05, 2018, 05:35:24 PM
time to get them cap-gains forms back out lads, whooohoooo
Spread bet the price movements, it will save you hours filling out those wretched forms
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