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BITCOIN question...

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  • Ghenghis Kahn
    SBR Posting Legend
    • 01-02-12
    • 19736

    #1
    BITCOIN question...
    if i transfer my bitcoin to coinbase and want to see if the value goes up or down according to the market where do i put it?

    the wallet or the vault? or does it matter?
  • fsugolf
    SBR Hall of Famer
    • 07-17-09
    • 6194

    #2
    doesn't matter
    Comment
    • LT Profits
      SBR Aristocracy
      • 10-27-06
      • 90963

      #3
      Doesn't matter value wise but there are more security steps involved to move from vault. I never bothered verifying vault account, I use wallet exclusively.
      Comment
      • Ghenghis Kahn
        SBR Posting Legend
        • 01-02-12
        • 19736

        #4
        thanks. so even if i just leave my bitcoin at airbitz wallet, the value can fluctuate or just at places like coinbase?

        i'm late to the game but i'm intrigued by bitcoins now.
        Comment
        • fsugolf
          SBR Hall of Famer
          • 07-17-09
          • 6194

          #5
          you can leave your bitcoin on a cold storage wallet and the price will still fluctuate, doesn't matter where you leave it. Don't worry about the price on a daily basis though
          Comment
          • grekos
            SBR Sharp
            • 03-16-10
            • 494

            #6
            Can one cash out bitcoins to dollars without id or paper work?
            Comment
            • Ghenghis Kahn
              SBR Posting Legend
              • 01-02-12
              • 19736

              #7
              lol thanks. yeah people on sbr were talking about it several years back when it was like $10 per but i always thought it was a scam.

              now that i got involved in it, it seems legit and i have a feeling it will go up to over $600 per or higher by the end of the year or sooner, no joke...
              Comment
              • LT Profits
                SBR Aristocracy
                • 10-27-06
                • 90963

                #8
                Originally posted by Ghenghis Kahn
                lol thanks. yeah people on sbr were talking about it several years back when it was like $10 per but i always thought it was a scam.

                now that i got involved in it, it seems legit and i have a feeling it will go up to over $600 per or higher by the end of the year or sooner, no joke...
                I am waiting for price to drop to around $425 to buy some more. Price has been steadily rising this week.
                Comment
                • Ghenghis Kahn
                  SBR Posting Legend
                  • 01-02-12
                  • 19736

                  #9
                  Originally posted by grekos
                  Can one cash out bitcoins to dollars without id or paper work?
                  yes, just deposit to a book like Bovada where you can only cashout with checks or vffs.
                  Comment
                  • Ghenghis Kahn
                    SBR Posting Legend
                    • 01-02-12
                    • 19736

                    #10
                    Originally posted by LT Profits
                    I am waiting for price to drop to around $425 to buy some more. Price has been steadily rising this week.
                    what are you gonna do with it? just buy some at $425 and let it sit?
                    Comment
                    • fsugolf
                      SBR Hall of Famer
                      • 07-17-09
                      • 6194

                      #11
                      Originally posted by Ghenghis Kahn
                      $600 per or higher by the end of the year or sooner, no joke...

                      a few years ago BTC was over $1,000 each. Just buy however much you can afford weekly or monthly and hold them. Don't bother looking at the price for a few years.
                      Comment
                      • Ghenghis Kahn
                        SBR Posting Legend
                        • 01-02-12
                        • 19736

                        #12
                        Originally posted by fsugolf
                        a few years ago BTC was over $1,000 each. Just buy however much you can afford weekly or monthly and hold them. Don't bother looking at the price for a few years.
                        yeah i've started stacking silver but i'm seriously considering moving to bitcoin. probably easier and has a better upside.
                        Comment
                        • LT Profits
                          SBR Aristocracy
                          • 10-27-06
                          • 90963

                          #13
                          Originally posted by Ghenghis Kahn
                          what are you gonna do with it? just buy some at $425 and let it sit?
                          Invest/Trade
                          Comment
                          • The Giant
                            SBR Posting Legend
                            • 01-21-12
                            • 21480

                            #14
                            Originally posted by Ghenghis Kahn
                            yes, just deposit to a book like Bovada where you can only cashout with checks or vffs.
                            They don't do bitcoin withdrawals??

                            That's pretty lame.
                            Comment
                            • SharpAngles
                              SBR Hall of Famer
                              • 04-15-14
                              • 9467

                              #15
                              Originally posted by Ghenghis Kahn
                              yeah i've started stacking silver but i'm seriously considering moving to bitcoin. probably easier and has a better upside.
                              Don't sell your precious metals for BTC!!!
                              Comment
                              • cutter341975
                                SBR MVP
                                • 09-09-13
                                • 2306

                                #16
                                Originally posted by Ghenghis Kahn
                                if i transfer my bitcoin to coinbase and want to see if the value goes up or down according to the market where do i put it?

                                the wallet or the vault? or does it matter?
                                CoinBase or Paxful will give you the current price.
                                Comment
                                • cutter341975
                                  SBR MVP
                                  • 09-09-13
                                  • 2306

                                  #17
                                  Originally posted by Ghenghis Kahn
                                  if i transfer my bitcoin to coinbase and want to see if the value goes up or down according to the market where do i put it?

                                  the wallet or the vault? or does it matter?
                                  By the way...Betcoin.ag...is a great site..with "Bitcoin" cashouts in 12 hours or less...back to your wallet.
                                  Comment
                                  • raiders72001
                                    Senior Member
                                    • 08-10-05
                                    • 11269

                                    #18
                                    Originally posted by cutter341975
                                    By the way...Betcoin.ag...is a great site..with "Bitcoin" cashouts in 12 hours or less...back to your wallet.
                                    Add me to being a Betcoinsports fan. Nice poker room too.
                                    Comment
                                    • raiders72001
                                      Senior Member
                                      • 08-10-05
                                      • 11269

                                      #19
                                      Originally posted by Ghenghis Kahn
                                      thanks. so even if i just leave my bitcoin at airbitz wallet, the value can fluctuate or just at places like coinbase?

                                      i'm late to the game but i'm intrigued by bitcoins now.
                                      Besides what's mentioned above, you can change your Circle settings to US dollar or bitcoin. Keep it in USD if you're worried about fluctuations.
                                      Comment
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