Bitcoins

[Jewlio Rides Again LLB]

[Pjay]

[TbirdX]

I hear Coinbase have suspended trading in BCH due to possible insider trading.


https://www.coindesk.com/coinbase-halts-bitcoin-cash-trading-abruptly-exchange-launch/
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VFR800X - TTR250

[B0ndy]

Just saw a BBC report on bitcoin,

"imminent crash"
"people are going to lose a lot of money"
"it can't be used as a currency because of the volatility"

Not a single positive.

Looks like they're trying to scare off the masses.
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CBF 125 -> CB400SF -> GSX600F -> ZX6R (G1) -> GSXR1000 K4 -> ZX6R (B1H Stunt bike) -> VFR800 -> R1 5PW -> Sprint 1050 -> Fireblade 929 -> ZX10R C2H

[Pjay]

[bikertomm]

Guys,

I'm looking to put some small amount of money into one of these so called currencies to see what happens.

Is anyone able to explain in complete layman terms what I need to do?


So far I have;

Downloaded an app called 'Coinbase'

and an app called 'Shape Shifter'


I am quite literally clueless.

All I can pick up is that I put money in from bank account.

Then 'convert it' into 0.003344XXXX whatever currency.

Then where do I keep it?

I want say £250 of any currency.

Cheers,
Tom
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07' Honda Hornet now full powaah! My guide on performing an oil change!

[Ste]

I despise coinbase and shapeshifter.

[bikertomm]

Thanks, Ste...




For a n00b I don't really care, I just want in with minimal fuss!!

Any tips?
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07' Honda Hornet now full powaah! My guide on performing an oil change!

[The Artist]

[Ste]

Buy whatever coins you want rather than using shapeshifter as you'll end up paying bitcoin transaction fees for putting your coins through shapeshifter.

For the purpose of buying coins to sell at a later sate for profits you don't need the extra privacy that shapeshifter offers.

You can avoid getting done over by the coinbase fees by opening an account at www.gdax.com using the same details & email that you used on coinbase, send from your coinbase account to gdax and then send from your gdax account to your own wallet.

Coinbase might decide that they want you to verify your ID and you've just got to go with what they ask.

[Pjay]

[Lord Percy]

[Ste]

[Pjay]

[Pete.]

[Jewlio Rides Again LLB]

Remember buying back in 2013(?) @ £450ish/BTC.

Weeks later, dropped to £180.

THAT was a bad time to buy.
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Mpd72: I can categorically say i’m Brighter than that, no matter how I come across on here.
HAHAHA HAHAHA Blew Chilly MyCrowSystems

[Pjay]

[Pjay]

[Ste]

[Jewlio Rides Again LLB]

[Pete.]

[quote="Pjay"]

History is on no-one's side. It just records fact and the fact right now is that last Sunday Bitcoin cost 30% more than it does right now, so right now historically last Sunday was a bad time to buy.

It's no effort to be clever in hindsight everyone has that ability and let's face it - your 'default reply' is nothing more than a politician's response. No matter which way it goes you'll always be able to claim you were right.
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a.k.a 'Geri'

132.9mph off and walked away. Gear is good, gear is good, gear is very very good

[Pjay]

[Lord Percy]

[Ste]

Supply... demand... finite number of coins... work the rest out for yourself.

"A pyramid scheme (commonly known as pyramid scams) is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services."

Nobody is recruiting members and there are no promises of payments for enrolling others.

Do you understand what a pyramid scheme is?

[Pjay]