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December 04, 2013, 03:36:57 AM |
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So I got into the party a bit late, and bought my first coin from Coinbase the Tuesday before Thanksgiving after doing a decent amount of research on this forum the prior few days. Obviously I did not read enough, as I did not realize how long it would take for the transaction to complete (Coinbase said my coin would be delivered on 12/3 .. bought 11/26).
I then got extremely nervous after reading about the many cancelled transactions stories, especially the ones cancelled after a significant price jump. My lock in price was $895. I felt for sure my transaction was not going to go through, so I found a trader on localbitcoins the next day and wired $1000 to him via Western Union to Costa Rica) and that transaction went very smoothly.
I now owned my first coin and had a second one pending, so I was happy I at least had one bird in hand.
I'm happy to report the transaction went through a few hours ago on Coinbase and thought I would post my experience, especially since I've seen many more negative than positive posts.
Can't guarantee you the same result, but my next purchase will be Coinbase, the only problem is..... do I buy my next one now or do I gamble and hope for a dip this weekend? Decisions Decisions.
Viva BTC and thanks for reading!
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