Bitcoin Forum
June 27, 2019, 01:38:01 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 7 8 9 10
 on: Today at 01:36:19 AM 
Started by Ambucrypto369 - Last post by Sithara007
I heard that the government can't be the only one in the world to ban something like bitcoin. Especially if the rest of the world is going to be using it.

Only two options are left for our Indian crypto enthusiast, (1) go somewhere else, move to a bitcoin friendly nation (2) continue to hold and trade bitcoin, take that risk. However, number one is not that easy as it sounds, while number 2 is also not that good. So it's really a dilemma being in India right now. The only thing we can do is hope that their government will chance their hard line stance against bitcoin because it won't have that any negative effect on their society, economic or political wise.

#1 is the only viable option. If you know how the cops operate in India, you will never think about option no.2. But even then, moving to a Bitcoin friendly nation is an option that is attractive only for the ultra-rich individuals. Getting a good second passport can cost you as much as $500,000 and I don't think that too many Indians can afford that. If you don't forfeit your nationality, then the government can still track you from the KYC documents.

 on: Today at 01:36:03 AM 
Started by infofront - Last post by aesma
I tried to sell during the big dip, bad idea, I couldn't really make it, only partly exec. I bought back at a lower price, but didn't do the maths before, and ended up losing 250 with the fees.

Then I figured, I'm bad at this, why not continue ? Bet the house on big as margin trades, as soon as the sell orders execed, the price jumped and I went 5000 in the red. At some point I was probably 10000 in the red, but I stopped watching.

Fortunately I'm bold already !

Finally I managed to recover, ended up with as many coins I started with, and 1200 on top.

I won't do it again.

Kraken made more money in fees than I made, of course. But I don't blame them, I should have invested in the company !

 on: Today at 01:35:04 AM 
Started by LUCKMCFLY - Last post by Botnake
It's easy to explained what is happening now, bitcoin is already in a bullish run and for me I listen more on the bullish prediction.
TA is still important but they don't matter most in the bull run as with FOMO, price could go as high as it can, and will be overvalued soon.
Anyway, let's just expect some correction, but for now, it's wise to enjoy what's happening so far.

 on: Today at 01:32:32 AM 
Started by nick9645 - Last post by JaredKaragen
I am very new to this group. I think this is the right place to post this, if not I'm sorry.

I tried to link my bank account with coinbase and they asked for my Login/Password for my online banking? It just felt wrong. The first thing people are told is not to give this info out. Is this something I should be ok with? I know coinbase is one of the biggest. Like I said it just felt wrong...

no; you want to focus on making sure you only submit info directly to coinbase.

The only thing they will do is ask for an account and routing number.  Also verify with the bank the KYC credentials match.

You should only be linking bank accounts from;  not any email link or anything....  if you are worried;  do a full signout on coinbase, and sign back in;  and it should ask you to do your 3 factor auth to login (email link, text code, and password to login).   This way you are sure you are logging into the real coinbase.

you can also check domain records for coinbase's public IP and visit that directly under HTTPS. ( is the IP I see here in California)

You should NEVER follow someone else's instructions anywhere at any time to log into your bank account.   if you have;  change your password and other relative info right away.   You can only link with an account/routing number from your check or that the bank itself gives you in person, and I believe they have you verify two microdeposit amounts to be sure you control the account.  The only thing you may need to submit is for KYC (passport/ID photo, etc)...

I have >100,000 daily limits after enough purchases and sells;  I have a linked CC, Debit and bank account....  doing none of which required anything but me filling stuff out in my coinbase config/settings page and submitting photo ID.

 on: Today at 01:30:33 AM 
Started by Pipdips - Last post by Sithara007
I would avoid buying bitcoin with credit card - not because of restrictions, but because all exchanges have extra fees on crypto purchases with credit cards. I know for Bitstamp, Coinbase and app.
Bitstamp has 5% fee on credit card purchase, Coinbase 3.99%. If you top up your account via Bank transfer, it's zero fee on both mentioned exchanges.
The only scenario in which I would consider purchasing with credit card is when bank transfer takes too long (deciding to buy on Friday but bank is closed so bank transfer will be done on Monday) or I expect Bitcoin price to increase more then 6% in a day so it's better to pay 5% fee than buy Bitcoin at 6% higher price the next day when bank transfer arrives.

And how safe are these options? If I use CC for purchasing Bitcoin, is there a chance that my credit card will get frozen or blocked? Can the same happen to my savings bank account if I try to purchase cryptocurrency? I have never used these two options, and therefore I am curious. The last time I purchased crypto was in 2014, and back then I used P2P.

 on: Today at 01:27:53 AM 
Started by Stage3 - Last post by Pumapipa
As of this posting BItcoin already hit its all time high since 2018. It is now at $13000. Which left almost everybody wondering, will bitcoin sustain its green rally or will it come crashing down in red? In my opinion, bitcoin will still push to $14000 and then it will gradually go down.

 on: Today at 01:27:05 AM 
Started by crazymelons12 - Last post by Sithara007
The problem is that most of the noobs rush in to invest, when the prices are at their peak. I would rather blame the mainstream media. The media channels will be full of scary stories about BTC, when the markets remain calm. But whenever a bull run occurs, all these channels will go ballistic and this will result in more and more people investing in cryptocurrency.

 on: Today at 01:25:13 AM 
Started by crabby - Last post by crabby
In any case, HODL strategy does not bring so much nervousness and is not as time consuming as trading.

Thanks for sharing! Rebalancing requires very little effort, so it is definitely not time consuming. You can set up a rebalancing strategy with in less than 5 minutes and let it automatically manage your portfolio over time.

 on: Today at 01:24:44 AM 
Started by nick9645 - Last post by harizen
I am very new to this group. I think this is the right place to post this, if not I'm sorry.

I tried to link my bank account with coinbase and they asked for my Login/Password for my online banking? It just felt wrong. The first thing people are told is not to give this info out. Is this something I should be ok with? I know coinbase is one of the biggest. Like I said it just felt wrong...

Obviously no, we shouldn't give our bank credentials to anyone.

Didn't try linking my bank account to Coinbase since our country is not supported so I don't know how's their process. In the usual process of linking bank accounts to exchanges, payment processors or any related service, it should be done by just giving the bank account number and some basic info, etc., that's it. And if let's say, you really need to log in your details, it should be done in a separate tab directly at your bank's server.

Out of curiosity, can you provide a screenshot of that login/password part?

You can move the thread here:

 on: Today at 01:24:10 AM 
Started by Bounty Don - Last post by iged_war
Thats true market is good now and continous to increase hopefully it will not drop again so we can make some profit at this time.I know some investor before are wishing that market to continue increasing so they can back the loses before.
i think bearish trend already end.and now we were on bullish capitalization rise massively and bitcoin price moved very fast till hit new high in this year.we hope it could continue till end of year and create new ath,

Pages: [1] 2 3 4 5 6 7 8 9 10
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!