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Author Topic: Alternative to change from Bitcoins to Dollars.  (Read 631 times)
jza (OP)
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November 28, 2015, 04:34:34 AM
 #1

So I have been dealing with Uphold and Vaultoro for a while so I can protect my money from valuation. Nubits-Nushares have Dollar valuation and I think that using decentralized exchanges like B&C Exchange or ShapeShift I could send my BTC to a NuShare/Nubits wallet.

I would love to hear arguments for or against doing it. I wonder how long would it take to move the value, also how would it be the total expense/fee. Thank's for your input.
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November 28, 2015, 08:03:56 AM
 #2

How about sign up to advcash.com ? this site accept bitcoins
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November 28, 2015, 02:27:23 PM
 #3

Not sure what does that has to do with what I am trying to do. I want to do 2 things:
- Reduce fees
- Mantain the value

To reduce fees, I think I would need to use some type of decentralized exchange where the fees could be lower. To mantain the value I would need to 'sell' bitcoins when they are high, and buy them when they are low. Before I used to buy/sell them on platforms like Vaultoro and Uphold. But these charge way too much, so any gain I get from the BTC fluctuation gets eaten up by such fees.

The answer is trade them to another altcoin (with a dollar valuation) through an exchange that charges less fees, or no fees. Nushares pose as a solution for me so it can work.

I am not sure what advancecash do for any of that.
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November 28, 2015, 03:25:14 PM
 #4

You could invest your Bitcoin into Nxt-based assets which pays reguarly dividends like MMNXT or MMBTCD.
i own a lot of those asset and they pay dividends weekly, which i exchange into BTC. i would give it a try.

http://www.secureae.com/
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November 28, 2015, 03:32:34 PM
 #5

yes I have seen NXT assets and also have seen SAE in the past. But this has NOTHING to do with my original question.
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November 28, 2015, 03:41:51 PM
 #6

You could invest your Bitcoin into Nxt-based assets which pays reguarly dividends like MMNXT or MMBTCD.
i own a lot of those asset and they pay dividends weekly, which i exchange into BTC. i would give it a try.

http://www.secureae.com/

How's the volume and buy support for these assets?  It would be nice to show links to the order book if possible.  And some charts would be nice too, just to show if it's really worth buying into them.

R


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jza (OP)
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November 28, 2015, 03:46:32 PM
 #7

You could invest your Bitcoin into Nxt-based assets which pays reguarly dividends like MMNXT or MMBTCD.
i own a lot of those asset and they pay dividends weekly, which i exchange into BTC. i would give it a try.

http://www.secureae.com/

How's the volume and buy support for these assets?  It would be nice to show links to the order book if possible.  And some charts would be nice too, just to show if it's really worth buying into them.

I guess you can get them from the SAE site:
https://trade.secureae.com/#979292558519844732
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November 28, 2015, 03:47:05 PM
 #8

You can get all the requested information on nxtportal.org and/or nxtreporting.com.

MMNXT asset: http://www.nxtreporting.com/?a=mmnxt&c=USD
MMBTCD asset: http://www.nxtreporting.com/?a=mmbtcd&c=USD

You could invest your Bitcoin into Nxt-based assets which pays reguarly dividends like MMNXT or MMBTCD.
i own a lot of those asset and they pay dividends weekly, which i exchange into BTC. i would give it a try.

http://www.secureae.com/

How's the volume and buy support for these assets?  It would be nice to show links to the order book if possible.  And some charts would be nice too, just to show if it's really worth buying into them.
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November 28, 2015, 03:52:27 PM
 #9

You can get all the requested information on nxtportal.org and/or nxtreporting.com.

MMNXT asset: http://www.nxtreporting.com/?a=mmnxt&c=USD
MMBTCD asset: http://www.nxtreporting.com/?a=mmbtcd&c=USD

You could invest your Bitcoin into Nxt-based assets which pays reguarly dividends like MMNXT or MMBTCD.
i own a lot of those asset and they pay dividends weekly, which i exchange into BTC. i would give it a try.

http://www.secureae.com/

How's the volume and buy support for these assets?  It would be nice to show links to the order book if possible.  And some charts would be nice too, just to show if it's really worth buying into them.

It's not advisable to let someone buy into those assets.  The risk of them losing a significant part of their investment and becomng bagholders is big.  At least, please put a caveat after advising to buy.  There's nothing wrong with telling people in what you think is a good investment.  But please be responsible about it.

R


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LLBIT|
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November 28, 2015, 03:54:56 PM
 #10

You could invest your Bitcoin into Nxt-based assets which pays reguarly dividends like MMNXT or MMBTCD.
i own a lot of those asset and they pay dividends weekly, which i exchange into BTC. i would give it a try.

http://www.secureae.com/

BTW I don't see much capital gain from getting dividends in NXT coins since the average value of the NXT has been going down for the past few weeks.
http://coinmarketcap.com/currencies/nxt/
jza (OP)
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November 28, 2015, 04:04:14 PM
 #11


It's not advisable to let someone buy into those assets.  The risk of them losing a significant part of their investment and becomng bagholders is big.  At least, please put a caveat after advising to buy.  There's nothing wrong with telling people in what you think is a good investment.  But please be responsible about it.

I agree, although I guess you could argue the same for any of these altcoins. Have you had any information about NuBits? I know they been holding the value of the USD for quite a while now, so that makes it a candidate as an investment. The only issue is how to get NuBits since it seems Shapeshift has a pretty narrow Deposit Limit. I empty it this morning and no way to find out when it get refreshed.  Undecided
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November 28, 2015, 04:20:55 PM
 #12


It's not advisable to let someone buy into those assets.  The risk of them losing a significant part of their investment and becomng bagholders is big.  At least, please put a caveat after advising to buy.  There's nothing wrong with telling people in what you think is a good investment.  But please be responsible about it.

I agree, although I guess you could argue the same for any of these altcoins. Have you had any information about NuBits? I know they been holding the value of the USD for quite a while now, so that makes it a candidate as an investment. The only issue is how to get NuBits since it seems Shapeshift has a pretty narrow Deposit Limit. I empty it this morning and no way to find out when it get refreshed.  Undecided

Check out Poloniex's NuBits market, https://poloniex.com/exchange#btc_nbt

I think they have better volume than Shapeshift as far as NBT is concerned.

Edit:  There are also other USD pegged crypto like USDT by https://tether.to and BitUSD by https://bitshares.org

You might want to look into those.  But be aware of the volume though.  It could be hard getting back to BTC when there's not enough buy support.

R


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November 28, 2015, 04:22:36 PM
 #13

True but I am trying to get myself out of centralized exchanges, I already use Bittrex and have some volume there as well. Around  BTC15.56187998 of volume.
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November 28, 2015, 04:29:19 PM
 #14

True but I am trying to get myself out of centralized exchanges, I already use Bittrex and have some volume there as well. Around  BTC15.56187998 of volume.

Gotcha.  But one good thing about NBT is you could store them in your wallet.

R


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