I understand. So someone would have to hack the account, and then for some reason want to by or Sell Bitcoins on my account at a price that I may have not wanted to sell at. They don't have acess to my account and can't send or recieve bitcoins. Gotcha. I'm in!
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I really want to use this. How does it execute orders without compromising security on coinbase?
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Wait. You're saying if the FBI dumps those millions of Botcoins on the market, the value of Bitcoin will plummet? GREAT! That means I can buy more BTC with USD when it crashes, and work towards my goal of owning 10BTC by the end of 2014.
This could be a good thing
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Yes. But this sucks because as far as I can tell, you can only list for 30, 60, and 90 days. There is a $10 listing fee, and I saw no buy it now option.
Am I missing something?
Is this why people are selling 1 penny, and gifting the BTC, and does ebay even fall for these pathetic loopholes?
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I am looking to trade goods for Bitcoin. eBay is great because there is an infrastructure, and a lot of credibility. Is there anything like this in the a bitcoin world?
As of now I'm thinking about selling things on ebay, then converting that to Bitcoin through Coinbase...but that feels like cheating.
Any suggestions?
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Thank you so much. Just the reassurance I needed to hear. I'll post in the right forum next time. It is nice to know that there is a community of people as diehard obsessed with the 0s and 1s that make up Bitcoin. Thinking about accepting Bitcoin at my dental practice.
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Hey everyone! I'm testing the waters with Crypsty, and I will admit I'm new(ish) to alt coins. I sent 10,100.01 Dogecoins from my official Dogecoin wallet to Crypsty and they transferred fine. Then I tried to transfer the coins back from Cryptsy to the Dogcoin wallet on my computer, and they haven't showed up (since last night). Cryptsy said they transaction is complete.
The Dogecoin Wallet app is still slowly....slowely...syncing to network.
Should I assume that the coins will eventually show up? Or did I potentially do something wrong? I copied and pasted the "much receive" address from Dogecoin Wallet app to Cryptsy...so shouldn't be any mistakes there.
Any thoughts?
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Really? You'd do that for me? You're such a good internet friend!
I never thought of selling stuff around my house that I don't need. But I can also sell stuff for USD on eBay, then convert the USD into Bitcoin. More fees yes, but at least eBay has a sound infrastructure so I don't get burnt.
I would love to accept Bitcoin at my dental office, but I know that 99.9% of my patients will have no clue what it is, and I can just as easily take their USD and convert it to BTC on Coinbase.
Eye on the prize: 10 BTC in 2014. 1.7, 8.3 to go!
Any other newbies taking on this challenge too?
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Two ways:
1) Crash the bitcoin market (ha! ..somehow) and buy up 10BTC for $1. 2) Get a job that pays about $100k yearly (after taxes), blow all of it on bitcoins.
So in all seriousness, what you're doing amounts to day trading. Super risky, but with risk there's the possibility of a huge payoff.
Good luck!
1) I wish I had that kind of power 2) I make over $100K, but I just bought a house and my disposable income is less than it used to be. I don't mind some risk, but if I can't quickly sell at 900 and quickly buy at 799, it's hard to get any sort of momentum. I work in the dental field, perhaps I can trade some sort of teeth whitening kit for a bitcoin? Not sure what else I can barter?
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Hello. I have a goal of owning 10BTC by the end of 2014, hopefully sooner. I currently have 1.70 Bitcoin which I paid USD for, but my goal is to capitalize on the ups and downs of the market, sell high and buy low. My hope is that slowly over time, I will amass more and more. If it ever crashes, I will inject more USD into my investment, but for now I just want to try and parlay the BTC I have.
I have had great experience with Coinbase, and have accounts at Cryptsy, BTC-E and Mt-Gox. I've also checked out a bot site called Butter Bot, but this seems a bit complicated.
The problem I'm having is that transactions take too long. As far as I can tell, there is no "ETrade for a bitcoin" where I can move money into and out of the market in a matter of seconds. Coinbase is pretty awsome, but I am still at a .10 BTC /week instant buy limit, and in a few days should hopefully have 1BTC/week instant. This just isn't quick enough!
Can someone guide me with some recommendations? Should I make multiple Coinbase accounts and let them all mature for 30 days? Should I shuttle BTCs from one service to another? Is there another site I am missing?
Thanks!
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