Author Topic: Bitcoin (Read 92554 times)

Hards Alumni · « **Reply #350 on:** November 24, 2020, 08:42:09 AM »

$19,300 at the time of posting.

Tortuga94 · « **Reply #351 on:** November 24, 2020, 08:52:16 AM »

I've been in and out of various cryptos, mostly Etherium. Don't currently have any crypto. The fact that you can now buy through Paypal and Square is a big boost for all of the cryptos, but not sure if this recent pop is going to be sustainable. My guess is if you wait, you will probably be able to buy it lower, but I could also see BTC hit 30K before then too.

Hards Alumni · « **Reply #352 on:** November 24, 2020, 09:53:22 AM »

Quote from: Tortuga94 on November 24, 2020, 08:52:16 AM

I've been in and out of various cryptos, mostly Etherium. Don't currently have any crypto. The fact that you can now buy through Paypal and Square is a big boost for all of the cryptos, but not sure if this recent pop is going to be sustainable. My guess is if you wait, you will probably be able to buy it lower, but I could also see BTC hit 30K before then too.

Totally agree. Now is definitely not the time to buy. Would have been nice to buy more at 3k back in March. But you know... timing things like this are scary.

rocket surgeon · « **Reply #353 on:** November 28, 2020, 06:27:37 AM »

bought a little bit at 13,000 then more at 15,000. using coinbase but i wish there was a mechanism where i could put an order in at a specific price-anyone know of one.

i actually got into the bitcoin reluctantly so i could play some bovada. as i'm waiting for my funds to become available, i was watching it go up and up and...f@*k bovada, this is more interesting now, one another good entry point before this goes to 50k

JWags85 · « **Reply #354 on:** November 28, 2020, 09:43:29 AM »

Quote from: rocket surgeon on November 28, 2020, 06:27:37 AM

bought a little bit at 13,000 then more at 15,000. using coinbase but i wish there was a mechanism where i could put an order in at a specific price-anyone know of one.

i actually got into the bitcoin reluctantly so i could play some bovada. as i'm waiting for my funds to become available, i was watching it go up and up and...f@*k bovada, this is more interesting now, one another good entry point before this goes to 50k

Coinbase Pro actually. It’s connected to Coinbase, you instantly can transfer cash and BTC back and forth. In Pro, there is a standard market/limit/stop loss buy like in any brokerage for equities

rocket surgeon · « **Reply #355 on:** November 28, 2020, 06:41:11 PM »

Quote from: JWags85 on November 28, 2020, 09:43:29 AM

Coinbase Pro actually. It’s connected to Coinbase, you instantly can transfer cash and BTC back and forth. In Pro, there is a standard market/limit/stop loss buy like in any brokerage for equities

thanks wags, so i can transfer what i have in coingbase to cb pro? i'm looking into that thanks! i'd actually like to see it drop a little more...back up about 3% ($17.6k right now) over last 24 hours. i think it dipped just below 16k yesterday early

Hards Alumni · « **Reply #356 on:** November 30, 2020, 12:05:00 PM »

Quote from: rocket surgeon on November 28, 2020, 06:41:11 PM

thanks wags, so i can transfer what i have in coingbase to cb pro? i'm looking into that thanks! i'd actually like to see it drop a little more...back up about 3% ($17.6k right now) over last 24 hours. i think it dipped just below 16k yesterday early

yes, you shouldn't need to transfer either, I think if you login to pro, it works.

All time high hit this morning

JWags85 · « **Reply #357 on:** November 30, 2020, 12:23:25 PM »

Quote from: Hards_Alumni on November 30, 2020, 12:05:00 PM

yes, you shouldn't need to transfer either, I think if you login to pro, it works.

All time high hit this morning

Correct. You log into CB Pro with your same Coinbase credentials. You do have to "transfer" from CB, but its just a deposit function that is instantaneous and then you can sell. Then you can either transfer cash to a bank from CB Pro or send it back to CB and do it that way. Either way its seamless and quick

rocket surgeon · « **Reply #358 on:** November 30, 2020, 02:05:01 PM »

Quote from: JWags85 on November 30, 2020, 12:23:25 PM

Correct. You log into CB Pro with your same Coinbase credentials. You do have to "transfer" from CB, but its just a deposit function that is instantaneous and then you can sell. Then you can either transfer cash to a bank from CB Pro or send it back to CB and do it that way. Either way its seamless and quick

yes, i transferred it right after i saw your post the other day-easy! thanks

jesmu84 · « **Reply #359 on:** December 01, 2020, 07:09:14 AM »

Is there a moral hazard in being involved in Bitcoin?

Hards Alumni · « **Reply #360 on:** December 01, 2020, 09:10:51 AM »

Quote from: jesmu84 on December 01, 2020, 07:09:14 AM

Is there a moral hazard in being involved in Bitcoin?

Why would there be?

forgetful · « **Reply #361 on:** December 01, 2020, 09:20:24 AM »

Quote from: Hards_Alumni on December 01, 2020, 09:10:51 AM

Why would there be?

Bitcoin is often used for illegal transactions and money laundering.

Other currencies are never used for such transactions.

ZiggysFryBoy · « **Reply #362 on:** December 01, 2020, 09:31:59 AM »

Quote from: jesmu84 on December 01, 2020, 07:09:14 AM

Is there a moral hazard in being involved in Bitcoin?

Worried about bitcoin, but not worried about withholding covid care from those you deem unworthy.

You might want to just log off for the day, kin.

Eldon · « **Reply #363 on:** December 01, 2020, 09:48:51 AM »

Quote from: forgetful on December 01, 2020, 09:20:24 AM

Bitcoin is often used for illegal transactions and money laundering.

Other currencies are never used for such transactions.

Teal?

buckchuckler · « **Reply #364 on:** December 01, 2020, 10:39:41 AM »

The Hippie Satan of Hyperbole · « **Reply #365 on:** December 01, 2020, 10:47:00 AM »

Quote from: buckchuckler on December 01, 2020, 10:39:41 AM

Cryptocurrencies are often used and preferred by those dealing in human trafficking. I think there is definitely a moral component to it, now I don't think that by investing in it you are directly contributing to anything immoral or bad, but there is a darker than normal shady side to crypto.

Then what exactly is the "moral component" if people who invest it aren't contributing to anything immoral?

jesmu84 · « **Reply #366 on:** December 01, 2020, 10:47:28 AM »

Quote from: ZiggysFryBoy on December 01, 2020, 09:31:59 AM

Worried about bitcoin, but not worried about withholding covid care from those you deem unworthy.

You might want to just log off for the day, kin.

Did I say I was worried?

Hards Alumni · « **Reply #367 on:** December 01, 2020, 11:27:20 AM »

Quote from: Fluffy Blue Monster on December 01, 2020, 10:47:00 AM

Then what exactly is the "moral component" if people who invest it aren't contributing to anything immoral?

The argument he used is frequently used by people who think Bitcoin is untraceable currency.

Which it isn't.

Dollarydoos are most certainly used in plenty of nefarious ways around the world. Why don't we consider that?

ZiggysFryBoy · « **Reply #368 on:** December 01, 2020, 12:20:55 PM »

Quote from: Hards_Alumni on December 01, 2020, 11:27:20 AM

The argument he used is frequently used by people who think Bitcoin is untraceable currency.

Which it isn't.

Dollarydoos are most certainly used in plenty of nefarious ways around the world. Why don't we consider that?

Pallets of cash to Persia, aina.?