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    All Forums | General Discussion

    Anyone here use Bitcoin

    RLeith35
    YonYon
    JerryWrasse
    JafeOfc_
    NYYKNICKS
    ...
    Participants:
    Search model icon
    Views: 2103
    Posts: 14
     
    RLeith35
    RLeith35
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    Posts: 59231
    Posted: Sep. 30, 2017 - 3:46 PM ET #1

    Let me know who, i need to ask some questions about it
    & will send a freind request to inquire about some things
    i need to know, will highly appreciate any help , as u must
    know can not find a phone number to talk with anyone
    regarding this issue. Thanks RLeith35
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    To remove first post, remove entire topic.
    Let me know who, i need to ask some questions about it
    & will send a freind request to inquire about some things
    i need to know, will highly appreciate any help , as u must
    know can not find a phone number to talk with anyone
    regarding this issue. Thanks RLeith35
     
    YonYon
    YonYon
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    Posted: Sep. 30, 2017 - 7:54 PM ET #2

    I use Bitcoin, the annoying thing with Bitcoin is worrying about the price going down because it is very volatile at times. The good thing is, it has been going up since I purchased a decent amount at exactly $3.7k USD. If you need any help, I post here or message me.
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    I use Bitcoin, the annoying thing with Bitcoin is worrying about the price going down because it is very volatile at times. The good thing is, it has been going up since I purchased a decent amount at exactly $3.7k USD. If you need any help, I post here or message me.
     
    JerryWrasse
    JerryWrasse
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    Posted: Sep. 30, 2017 - 8:15 PM ET #3

    I use bitcoin for all deposits and withdrawals offshore. Just post your question here i'm sure someone will be able to answer. 
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    I use bitcoin for all deposits and withdrawals offshore. Just post your question here i'm sure someone will be able to answer. 
     
    JafeOfc_
    JafeOfc_
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    Posts: 38
    Posted: Sep. 30, 2017 - 8:29 PM ET #4

    I don't use Cryptocurrency for Sports gambling so can't answer questions in relation to that context, however if you are looking for information on Bitcoin, Bitcoin Cash, or Monero shoot away here. By the way start using Bitcoin Cash if you can, it's better!
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    I don't use Cryptocurrency for Sports gambling so can't answer questions in relation to that context, however if you are looking for information on Bitcoin, Bitcoin Cash, or Monero shoot away here. By the way start using Bitcoin Cash if you can, it's better!
     
    NYYKNICKS
    NYYKNICKS
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    Posted: Oct. 1, 2017 - 11:56 AM ET #5

    i use bitcoin for withdrawing my winnings and converting, not trading purposes.
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    i use bitcoin for withdrawing my winnings and converting, not trading purposes.
     
    NYYKNICKS
    NYYKNICKS
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    Posted: Oct. 1, 2017 - 11:58 AM ET #6

    let me know, i have a good understanding would love to help if i can
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    let me know, i have a good understanding would love to help if i can
     
    mbialowas
    mbialowas
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    Posted: Oct. 1, 2017 - 1:39 PM ET #7

    Anyone here buying bitcoin for purely investment purposes? I've heard some stories of guys making big money by doing this
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    Anyone here buying bitcoin for purely investment purposes? I've heard some stories of guys making big money by doing this
     
    JafeOfc_
    JafeOfc_
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    Posts: 38
    Posted: Oct. 1, 2017 - 6:04 PM ET #8

    mbialowas:

    The market is a bit funny right now because of the China situation.(Gov regulations there, short-term or permanent you be the judge).

    What I will say is I first missed out on Bitcoin in 2012 or 2013 whenever that Vanzack thread in GD was, I was all into Bitcoin for a month thinking about buying but just not quite getting it and then feeling that I missed the boat as price soared. (Of course it soared 10-50x higher than even those highs lol.

    I would suggest buying Monero for sure. First, it's the only fungible one which will be extremely important. Look at cash, cash has to be fungible. Bitcoin and most coins have a completely Transparent blockchain and with KYC/AML these days you are not anonymous at all.

    Look at a 3 month, 6 month, one year, and 3 year graph of Monero, trust me the train is just getting started and yes, regulation/banning of cryptocurrency could derail this train, but I suggest at least risking a grand on Monero, when they are worth a Hundred grand each some day you might be driving that Mercedes or Ford that you always wanted.

    PS: It's hard as hell to learn how to buy securely. PM me for some useful links. (I have an offline computer that will never see the internet again just to create Bitcoin/Monero addresses, if you aren't doing that you are very vulnerable.)

    You just watch how much better bank security will be getting these next few years and decade. It's quite funny how much better the hundreds of sites I use for Cryptocurrency all have 10x security versus my own Power 5 Canadian bank. That's because the banks won't be able to count on Law Enforcement to keep hackers from stealing their users money.

    End game for hackers just went from:

    1) Steal money from users bank, transmit around world using techniques I am not well versed in to describe but somehow getting the money to a shady 2nd world island casino/similar resort type business and withdraw the money somehow without getting caught too much on camera or by police in general.

    2)Compare this to hackers now, (See WannaCry ransom). Steal money, buy Bitcoin, transfer to Monero. Monero is untraceable Cryptocurrency. You just watch the storm that is coming...
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    mbialowas:

    The market is a bit funny right now because of the China situation.(Gov regulations there, short-term or permanent you be the judge).

    What I will say is I first missed out on Bitcoin in 2012 or 2013 whenever that Vanzack thread in GD was, I was all into Bitcoin for a month thinking about buying but just not quite getting it and then feeling that I missed the boat as price soared. (Of course it soared 10-50x higher than even those highs lol.

    I would suggest buying Monero for sure. First, it's the only fungible one which will be extremely important. Look at cash, cash has to be fungible. Bitcoin and most coins have a completely Transparent blockchain and with KYC/AML these days you are not anonymous at all.

    Look at a 3 month, 6 month, one year, and 3 year graph of Monero, trust me the train is just getting started and yes, regulation/banning of cryptocurrency could derail this train, but I suggest at least risking a grand on Monero, when they are worth a Hundred grand each some day you might be driving that Mercedes or Ford that you always wanted.

    PS: It's hard as hell to learn how to buy securely. PM me for some useful links. (I have an offline computer that will never see the internet again just to create Bitcoin/Monero addresses, if you aren't doing that you are very vulnerable.)

    You just watch how much better bank security will be getting these next few years and decade. It's quite funny how much better the hundreds of sites I use for Cryptocurrency all have 10x security versus my own Power 5 Canadian bank. That's because the banks won't be able to count on Law Enforcement to keep hackers from stealing their users money.

    End game for hackers just went from:

    1) Steal money from users bank, transmit around world using techniques I am not well versed in to describe but somehow getting the money to a shady 2nd world island casino/similar resort type business and withdraw the money somehow without getting caught too much on camera or by police in general.

    2)Compare this to hackers now, (See WannaCry ransom). Steal money, buy Bitcoin, transfer to Monero. Monero is untraceable Cryptocurrency. You just watch the storm that is coming...
     
    mbialowas
    mbialowas
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    Posted: Oct. 1, 2017 - 7:53 PM ET #9

    Thanks for the information.  Was thinking about buying some bitcoin thru quadrigacx. Are they decent?  WhI checked wallet service do you use?
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    Thanks for the information.  Was thinking about buying some bitcoin thru quadrigacx. Are they decent?  WhI checked wallet service do you use?
     
    JafeOfc_
    JafeOfc_
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    Posts: 38
    Posted: Oct. 1, 2017 - 8:30 PM ET #10

    Quadrigacx is excellent! I would score them as a perfect 99.9% or 100 but the only thing that I've heard that would give me pause at all is that they personally lost ALOT of Ethereum but it belonged to them and they owned the mistake and swallowed it. ($20 Million approximately)

    This didn't impact users and it happened something like 6 months ago. Some people were wondering about their liquidity or if they'd run with users money. But I still trust them since they are the leading brand in Canada as far as I can tell and why not hold onto that considering we're in the very early stages of Cryptocurrency.  It was only invented in 2009.

    I have also been interested in Coinsquare but haven't tried them much.

    BTW I use Interac Online with Quadriga but you need a Non-Visa branded debit card to do this. You can probably get one at your bank but that is bank variable.
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    Quadrigacx is excellent! I would score them as a perfect 99.9% or 100 but the only thing that I've heard that would give me pause at all is that they personally lost ALOT of Ethereum but it belonged to them and they owned the mistake and swallowed it. ($20 Million approximately)

    This didn't impact users and it happened something like 6 months ago. Some people were wondering about their liquidity or if they'd run with users money. But I still trust them since they are the leading brand in Canada as far as I can tell and why not hold onto that considering we're in the very early stages of Cryptocurrency.  It was only invented in 2009.

    I have also been interested in Coinsquare but haven't tried them much.

    BTW I use Interac Online with Quadriga but you need a Non-Visa branded debit card to do this. You can probably get one at your bank but that is bank variable.
     
    mbialowas
    mbialowas
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    Posted: Oct. 1, 2017 - 9:30 PM ET #11

    What wallet do you suggest for storage? 
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    What wallet do you suggest for storage? 
     
    Matt3174
    Matt3174
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    Posted: Oct. 7, 2017 - 12:48 PM ET #12

    Hmmm you can deposit one way and cash out with bitcoins? I never thought of that, thank you :)
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    Hmmm you can deposit one way and cash out with bitcoins? I never thought of that, thank you :)
     
    JerryWrasse
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    Posted: Oct. 7, 2017 - 2:13 PM ET #13

    Quote Originally Posted by mbialowas:

    What wallet do you suggest for storage? 

    Trezor
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    Quote Originally Posted by mbialowas:

    What wallet do you suggest for storage? 

    Trezor
     
     
    kevinhp67
    kevinhp67
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    Posted: Oct. 9, 2017 - 10:42 PM ET #14

    Quote Originally Posted by NYYKNICKS:

    i use bitcoin for withdrawing my winnings and converting, not trading purposes.

    Can you show me how to do it. I have some winning at 5dimes
    Reply
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    Quote Originally Posted by NYYKNICKS:

    i use bitcoin for withdrawing my winnings and converting, not trading purposes.

    Can you show me how to do it. I have some winning at 5dimes
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