Hey there,

Just a heads up: Your link doesn't work

This guy ran an auction regarding this site a week ago:

https://bitcointalk.org/index.php?topic=1423830.0;all

His price has sure gone up since then!

He seems to be driving a lot of his traffic to this site from 2 other sites that he owns. 

The whole thing seems a little questionable if you ask me.

Congrats, DebitMe!  It's a nice coin

Thanks, man, I wasn't so sure   It's a nice one 

.17

.06

I have that same question too!  The 2 major exchanges - localbitcoins and Paxful have reputable traders, escrow, good support too.  They are turnkey trade solutions for those who don't do enough volume to join an exchange.  You can even meet people locally and pay in cash to increase anonymity. 

Or find a trader here who has experience with trading on Bitcoin Forums.

If you do decide to go the LBC route, I know a good trader there: https://localbitcoins.com/ad/315497/purchase-bitcoin-cash-deposit-bank-of-america-instant-release-right-now-united-states

I know him well (it's me )

Thanks, pooya87 for providing those links.  The link to the currency exchange is what I am looking for.  I'm trading bitcoin for fiat.

Why are there no posts about people wanting to make trades?  Is it not allowed?  Is it allowed but not feasible? 

If it is allowed, I definitely will be willing to trade with someone with integrity.

If it isn't allowed, well, I apologize.

So, please let me know one way or the other:

-You're interested!

-It's not allowed

-It's not feasible (trust, logistical, ?)

Thanks!

209 - 0.17

209 - 0.14

Interesting take, I never thought about that. 

This thread did at least help me to understand all the reasons behind taking out such smallish loans. 

Yes, buy low and sell high.  But it is more complicated than that.

First, wherever you buy, you are probably going to want to find a different source to sell. 

For example, if you think you can buy on bitstamp and then resell on bitstamp, you won't have much of a markup if any.  You have to find a different exchange or a different source to sell.

For example, buy on bitstamp and then sell on the otc market, like meeting someone in person or selling on localbitcoins.  The difference in price of what you've bought and then what you've sold can be profitable.   

Even better is if you find a trader who wants to get rid of his coins at below market rates.  If you advertise enough on Craig's List, localbitcoins, backpages, etc, you may eventually find people, like miners, bitcoin enthusiasts, etc, who will see you at below market rate.  You can then resell these on the exchanges or from a local buyer.

That is where the buy low, sell high comes in.  If you can't buy at a good rate, you will not be able to sell at a higher rate.

Hope this helps!

btcjam is not bad.  Just invest in anyone with an A+ rating, who has lots of feedback.  Otherwise, you will probably lose everything.  One thing about btcjam: they recently closed off investments from the U.S., so that may limit you.

The other lending sites, like loanbase are also full of potential scammers.

Nearly everything I have read here in the forum posts as well as on other sites regarding cloud mining, is that it is a scam.  Or at best, the payouts are worse than if you just held on to your btc.  I imagine that the potential for profit will even get worse when the halving comes.

I think the best form of investment is either just buy and hold or by trading.

Buying and holding is self-explanatory.  Trading can be rough.  I would read up on other posts to see best practices for trading.

Good luck! 

Yes!  You SHOULD have 2fa with any account related to money.  That includes all exchanges, faucets, gambling sites...and the list goes on.

I have been reading about a lot of social engineering hacks on email accounts.  So, I have enabled 2fa on nearly everything of value, even if it is something personal, like my email.

Countless people (me included) have learned the hard way about not using 2fa-  a brute force attack on your password will hack your account and steal your btc.  So, don't learn the hard way.

The disadvantages are the extra "hassle" of going thru 1 additional step.  It's worth it!  Even if you are a trader and you have many trades coming in at once..yes it does slow you down, but it is worth it.

You can have 2fa in many forms.  Some offer a paper printout option, others require you to enter a code retrieved by Google authenticator and authy.

I guess another disadvantage is if you lose your cell phone and you have to enter a code from authy or google authenticator.  I think, though, that you can still access these 2fa apps from a computer.

So, long story short:  yes!

Hi there,

Just an fyi: the first link produces an "invalid token" so Bitcointalk Account Price Estimator doesn't work.

I think I own it

How about translating English to Spanish and vise versa? 

Exactly!  If you post enough ads and do enough marketing and get the word out that you want to buy below exchange rates, you will eventually find people.  You will still need an exchange for the times that your demand outweighs your supplies.

Completely agree. 

The OP could even offload them by putting up cash deposit online ad and offer at spot and would have no trouble unloading them.  I do think you would draw some attention if you did that.

I would mix it up by adding a couple of exchanges like someone else mentioned.

Also, when unloading them quickly, think about how you are going to collect the money.  The quickest option- electronically- leaves the biggest trail.  If you are going to meet up in cash, don't sell big amounts until you feel comfortable.  Selling 10 or more btc at a time, and you're talking carrying over 3k on you.  What are you going to do with the cash?  Keep it on you the whole day?  What if you have more than 1 sale?  Before you know it, you could have over 20k on you and you're walking down the street suspicious of everyone.