crypto currency discussion

**dlowilly** · 01-04-18, 02:42 PM

Originally posted by Arky

This brings up something interesting I think we all have to wrestle with at one time or another. I think making a cash deposit to GDAX is probably free, right? On the other hand, one can also outright buy BTC, LTC, ETH or BCH at Coinbase, pay the 1.5% fee and wait the week or so for the transaction to complete. If the coin goes up, you've made money in the interim. If the coin goes down, you have lost money in the interim. It's a gamble. When it works right, you get your fees back and more..... if it doesn't....eh. No particular point here..... just bringing it up....

Wiring to Gdax or coinbase has a $10 fee plus whatever your bank charges. The alternative I think you are referring to, a credit card purchase, has a fee more like 4%.

Just now I typed in a dummy transaction for .25 BTC and the total charges were $3902.53, $149.74 of which was fees. That's about 4%. If you add to that the 5% the CC charges for an advance (and most cards treat it as an advance I believe) it's getting ridiculous.

If your credit card doesn't treat it as an advance and you get 1 or 2% cashback with purchases it's a good deal but I doubt that's the case very often.

**ans61201** · 01-04-18, 02:42 PM

Down 50 cents since the announcement. Buy walls even lower

**ans61201** · 01-04-18, 02:46 PM

I don’t think coinbase will add anything until btc retains full health. that’s their backbone.

It hasn’t fully recovered from bcc

**NYGMen09** · 01-04-18, 02:53 PM

Ripple bouncing back now...

**dlowilly** · 01-04-18, 02:56 PM

IOTA made a big comeback on this news I guess

**Arky** · 01-04-18, 03:03 PM

Originally posted by dlowilly

Wiring to Gdax or coinbase has a $10 fee plus whatever your bank charges. The alternative I think you are referring to, a credit card purchase, has a fee more like 4%.

Just now I typed in a dummy transaction for .25 BTC and the total charges were $3902.53, $149.74 of which was fees. That's about 4%. If you add to that the 5% the CC charges for an advance (and most cards treat it as an advance I believe) it's getting ridiculous.

If your credit card doesn't treat it as an advance and you get 1 or 2% cashback with purchases it's a good deal but I doubt that's the case very often.

No, I wasn't including CCs or wires - just Bank Account to GDAX/Coinbase. Credit card purchases are instant but fee monsters.

I recently sent $100 cash to Coinbase from my bank account. No fees. I got the full $100 after the transaction completed, about a week.

I could've bought a coin with the $100, paid the fee and taken the chance that the coin would go up or down as I awaited the transaction to complete.... that was my point.

**Arky** · 01-04-18, 03:16 PM

re: announcement, eh, who's to say..... This could just be a deflection.... Who gains the most? Who loses the most?

**goofyre** · 01-04-18, 03:32 PM

Using a friends binance account to get TRX. The struggle is real out here with no registrations.

**Arky** · 01-04-18, 03:41 PM

Wow, not a crash. A head-on collision.

**mngambler** · 01-04-18, 03:42 PM

nice dip/buy opportunity.....then HOOOOLD

**Outsider626** · 01-04-18, 03:50 PM

If ripple goes below 3 than i'm buying it.

**Mackballs** · 01-04-18, 03:54 PM

Late to the party but wanna get invested into at least something before it's too late. Honestly I have no clue about any of this or any form of investing for that matter.

Just read up on trx and the outlook seems pretty solid. It's still relatively cheap at .15 per share.

My friends are all over ripple but that's gone up significantly so not sure if that value is gone there.

What would you guys recommend at the moment? I don't have a ton of money to invest but I am willing to go in for as much as I can afford.

**ans61201** · 01-04-18, 03:55 PM

How is the coinbase news going to effect xrp when Asia wakes up in 60-120 mins is my question

**ans61201** · 01-04-18, 04:00 PM

Originally posted by Mackballs

Late to the party but wanna get invested into at least something before it's too late. Honestly I have no clue about any of this or any form of investing for that matter.

Just read up on trx and the outlook seems pretty solid. It's still relatively cheap at .15 per share.

My friends are all over ripple but that's gone up significantly so not sure if that value is gone there.

What would you guys recommend at the moment? I don't have a ton of money to invest but I am willing to go in for as much as I can afford.

Depends on your goals, if you want a couple cheap chances at making a huge return id say

Trx, RDD or possibly xvg.

If you want stable more “guaranteed returns” there’s other options

**Mackballs** · 01-04-18, 04:06 PM

Originally posted by ans61201

Depends on your goals, if you want a couple cheap chances at making a huge return id say

Trx, RDD or possibly xvg.

If you want stable more “guaranteed returns” there’s other options

What are these more stable options you speak of?

**shocka1212** · 01-04-18, 04:06 PM

Originally posted by ans61201

How is the coinbase news going to effect xrp when Asia wakes up in 60-120 mins is my question

**ans61201** · 01-04-18, 04:07 PM

Originally posted by Mackballs

What are these more stable options you speak of?

Ada. Btc. Eth. Neo.

**mngambler** · 01-04-18, 04:08 PM

Originally posted by mngambler

nice dip/buy opportunity.....then HOOOOLD

welp...you had about 9 minutes to buy the dip...lol I love this craziness

**Mackballs** · 01-04-18, 04:10 PM

Originally posted by ans61201

Ada. Btc. Eth. Neo.

Ok thanks.

Feel like I'm leaning more towards buying low and hoping for a big hit right now.

Trx looking like the one

**Crusherrr** · 01-04-18, 04:50 PM

Originally posted by ans61201

How is the coinbase news going to effect xrp when Asia wakes up in 60-120 mins is my question

Hold up, is it made official?

Edit: Crap...I see they mentioned no new coins added right now. That's a major blow but XRP still gaining back.

**ans61201** · 01-04-18, 04:53 PM

Originally posted by Crusherrr

Hold up, is it made official?

Edit: Crap...I see they mentioned no new coins added right now. That's a major blow but XRP still gaining back.

Coinbase made a statement saying no decision has been making on adding any new crypto in near future. Many speculate the recent spike has been rumored to the xrp being added in January.

Coinbase isn’t the most honest/best PR of exchanges so take it with a grain of salt, but I can’t imagine they would say this and then add it tomorrow, with the Pr nightmare they had with how they handled bcash.

May have also came out with all of their liquidity issues and people moving coin off of there site and out of the big 3. Who knows.

**coanwe** · 01-04-18, 04:55 PM

Seems everything is rather stagnant today after the phenomenon of yesterday.

**mngambler** · 01-04-18, 05:02 PM

Originally posted by coanwe

Seems everything is rather stagnant today after the phenomenon of yesterday.

no suprise, yesterday was so f*cking epic, 1k, 2k, 3k, 4k, that's how the profit was rolling in, unreal day

**JAKEPEAVY21** · 01-04-18, 05:08 PM

Originally posted by ans61201

Ada. Btc. Eth. Neo.

I'd add DASH to the rock solid premium group...very high on it, wouldn't be surprised at all if we hit 5k this year.

**ans61201** · 01-04-18, 05:17 PM

Originally posted by JAKEPEAVY21

I'd add DASH to the rock solid premium group...very high on it, wouldn't be surprised at all if we hit 5k this year.

You’ve been pretty sharp on here. You really see a 5x on dash? I’ll have to take a closer look

**reigle9** · 01-04-18, 05:18 PM

this Google Authentication is the dumbest pos ever fukkin created

someone can steal my fukkin account before i give it one more second of fukkin effort

fukk it

pos fukkin site, why can't they just do it like gemini..,.got to save a fukkin dollar wherever they can

**Bluehorseshoe** · 01-04-18, 05:35 PM

Announcement Jan 6 for TRON...

https://twitter.com/justinsuntron/status/948964110124843008

**ans61201** · 01-04-18, 05:39 PM

Originally posted by Bluehorseshoe

Announcement Jan 6 for TRON...

https://twitter.com/justinsuntron/st...64110124843008

Man I hope it’s bittrex but unlikely. But one thing that’s true about this guy every time is he delivers on promises etc. it’s impoetanr and the exact reason I flipped xvg to trx

**shocka1212** · 01-04-18, 05:55 PM

added a modest position in ELF today.. a little degenerate action. blizzard gave me some cabin fever and I'm not trying to chase the trx a day off its all-time high.

**Mac4Lyfe** · 01-04-18, 05:58 PM

Why the hell would he make an announcement on Saturday? Will he be at an industry party event?

**Mac4Lyfe** · 01-04-18, 06:00 PM

Originally posted by shocka1212

added a modest position in ELF today.. a little degenerate action. blizzard gave me some cabin fever and I'm not trying to chase the trx a day off its all-time high.

All these coins are at all-time highs. You just have to keep loading up when you can. Very few people pull back so these coins can only go up IMO. I'm about to throw more into Tron in the morning. I don't care where it's at. I care about where it's going.

**mngambler** · 01-04-18, 06:28 PM

Originally posted by Mac4Lyfe

Why the hell would he make an announcement on Saturday? Will he be at an industry party event?

remember this isn't "corporate america" it's Asia, things are done much differently...Saturday may seem weird to you but over their it may be normal or simply just NOT out of the ordinary + it's a 24 hr market so who cares? just my .02 I could be wrong though

**pilebuck13** · 01-04-18, 06:51 PM

Men what did I miss today? Was phoneless some please catch me up to speed don’t feel like back tracking...what’s all this announcement talk ect points for help thanks

**ans61201** · 01-04-18, 06:51 PM

Looks like Asia is answering my question about xrp

**mackave** · 01-04-18, 06:55 PM

XLM on some dumb shit currently