Page 1 of 4 1234 LastLast
Results 1 to 40 of 131
Like Tree21Likes

Thread: Where to buy bitcoins?

  1. #1
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669

    Where to buy bitcoins?

    Bitcoin alt coin ATM

    Coinbase

    Coinmama

    Localbitcoins

    Paxful

  2. #2
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    I'm pretty stupid when it comes to computers and especially crypto currency, but I use Coinbase and it's seamless and very easy. I've only purchase Litecoin so far and just watched it grow. Going through a little slow down right now but I'm optimistic that it'll pick back up.

  3. #3
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669

    Were to buy bitcoins?

    Buying other coin is smart cause they have less fees. Ether is really popular too. Have you looked at binance yet? Binance is a place to trade altcoins. After you trade and watch them grow hopefully then you can trade them back whatever coin you want to cash them out. Since your already using coinbase did you realize GDAX is coinbase and you can log into GDAX with your coinbase info? Using gdx to move your coin costs less in fees

  4. #4
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Quote Originally Posted by Bio-Active View Post
    Buying other coin is smart cause they have less fees. Ether is really popular too. Have you looked at binance yet? Binance is a place to trade altcoins. After you trade and watch them grow hopefully then you can trade them back whatever coin you want to cash them out. Since your already using coinbase did you realize GDAX is coinbase and you can log into GDAX with your coinbase info? Using gdx to move your coin costs less in fees
    No, I was unaware of that. I recently purchase 250usd worth of litecoin and was charged almost 4usd and it takes like 6 days to compete the transaction.

  5. #5
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    Quote Originally Posted by Luttrj View Post
    No, I was unaware of that. I recently purchase 250usd worth of litecoin and was charged almost 4usd and it takes like 6 days to compete the transaction.
    Thatís cause you linked your bank account. Nothing wrong with doing that but if you want the coin instant then link your credit card or use a bitcoin atm and dump the funds right into your wallet from the atm. That way you can bypass coinbase all together

  6. #6
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Wow gdax is stupid easy to use. Thanks for that info!

  7. #7
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Quote Originally Posted by Bio-Active View Post
    That’s cause you linked your bank account. Nothing wrong with doing that but if you want the coin instant then link your credit card or use a bitcoin atm and dump the funds right into your wallet from the atm. That way you can bypass coinbase all together
    I don't have an atm close by to me.

  8. #8
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    It is a little secret that a lot do not know about. It will save you a ton of fees

  9. #9
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Quote Originally Posted by Bio-Active View Post
    That’s cause you linked your bank account. Nothing wrong with doing that but if you want the coin instant then link your credit card or use a bitcoin atm and dump the funds right into your wallet from the atm. That way you can bypass coinbase all together
    Also, i linked my credit card but I've already maxed out the limit that you can transfer.

  10. #10
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    Quote Originally Posted by Luttrj View Post
    Also, i linked my credit card but I've already maxed out the limit that you can transfer.
    Really it should to 750 ew?

  11. #11
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Quote Originally Posted by Bio-Active View Post
    Really it should to 750 ew?
    That's correct.

  12. #12
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    I meant it was maxed out when I bought the last 250. It dropped so I wanted to grab a few

  13. #13
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    Yeah I see not really any way around that besides using another exchange like coinmama, if coinmama works in your state it will take the money direct from your credit card and dump it direct to your wallet of choice

  14. #14
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669

    Where to buy bitcoins?

    Make sense?

  15. #15
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Quote Originally Posted by Bio-Active View Post
    Make sense?
    Indeed, thanks. The wife says I have enough "play money" for now, anyhow. LoL
    I just didn't want to miss the train like a lot did with bitcoin. Had i only known..... man!

  16. #16
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    Quote Originally Posted by Luttrj View Post
    Indeed, thanks. The wife says I have enough "play money" for now, anyhow. LoL
    I just didn't want to miss the train like a lot did with bitcoin. Had i only known..... man!
    If your looking to invest I would look at other coins with less risk. Neo, lite coin, ethereum, Tron etc

  17. #17
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Question.... say I deposit USD into my usd wallet on coinbase, does it still take days to show up? What's the point of the USD wallet?

  18. #18
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Quote Originally Posted by Bio-Active View Post
    If your looking to invest I would look at other coins with less risk. Neo, lite coin, ethereum, Tron etc
    Right now I ONLY have Litecoin

  19. #19
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669

    Where to buy bitcoins?

    Quote Originally Posted by Luttrj View Post
    Question.... say I deposit USD into my usd wallet on coinbase, does it still take days to show up? What's the point of the USD wallet?
    You donít deposit into the usd wallet you move your coin or exchange it on coinbase. It keeps it safe from the market fluctuations

  20. #20
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    Quote Originally Posted by Luttrj View Post
    Right now I ONLY have Litecoin
    Lite coin is a pretty safe investment right now. Itís only worth mid 200ís and not as volatile

  21. #21
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Quote Originally Posted by Bio-Active View Post
    You don’t deposit into the usd wallet you move your coin or exchange it on coinbase. It keeps it safe from the market fluctuations
    When I click on deposit while in the USD waller, it only comes from my linked bank acct. Gives no option to take from my LTC wallet or vault.

  22. #22
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    Quote Originally Posted by Luttrj View Post
    When I click on deposit while in the USD waller, it only comes from my linked bank acct. Gives no option to take from my LTC wallet or vault.
    Are you doing it on your computer or with the phone app? I have a friend that moves coin into the vault all the time but he was moving btc or ethereum

  23. #23
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    You may have to use the withdraw function and choose to send it to your usd wallet.

  24. #24
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Using phone app but can access the desktop version also. Computer version is a little more user friendly, I've found

  25. #25
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Ok, I think the coin must be in the LTC wallet before you can put it into the USD waller. I keep all of mine in the LTC vault. Any advantage to keeping it in the waller vs. the vault? I was under the impression that it was safer in the vault?

  26. #26
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    Quote Originally Posted by Luttrj View Post
    Ok, I think the coin must be in the LTC wallet before you can put it into the USD waller. I keep all of mine in the LTC vault. Any advantage to keeping it in the waller vs. the vault? I was under the impression that it was safer in the vault?
    Once itís in the vault itís considered usd currency so it stays at that value instead of moving with altcoin n currency got my up and down. You may have to use the send feature to your usd wallet. I would never use coinbase as a place to store money. If you want to convert it to usd why not just send the converted usd to your bank account

  27. #27
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    I want my coins to fluctuate with the market. So I take it that they should be in the LTC wallet?

  28. #28
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    Quote Originally Posted by Luttrj View Post
    I want my coins to fluctuate with the market. So I take it that they should be in the LTC wallet?
    Yes blockchain doesnít support litecoin but binance does and bread wallet does I think

  29. #29
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Quote Originally Posted by Bio-Active View Post
    Yes blockchain doesn’t support litecoin but binance does and bread wallet does I think
    You just spoke French to me. I don't speak French lol

  30. #30
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    Quote Originally Posted by Luttrj View Post
    You just spoke French to me. I don't speak French lol
    Are you just using coinbase as your wallet or do you have a sucre wallet like blockchain?

  31. #31
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Quote Originally Posted by Bio-Active View Post
    Are you just using coinbase as your wallet or do you have a sucre wallet like blockchain?
    Only have coinbase so far. I use it to buy then place in to the vault

  32. #32
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    Quote Originally Posted by Luttrj View Post
    Only have coinbase so far. I use it to buy then place in to the vault
    Ok that makes sense so you are just investing. If thatís the case you should really take a look at binance. Thatís were I put all my investment coins. Itís really easy to trade them and move them around. The fees are minimal as long as you use bnb to pay the fees. Bnb is binsnceís alt coin

  33. #33
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Quote Originally Posted by Bio-Active View Post
    Ok that makes sense so you are just investing. If that’s the case you should really take a look at binance. That’s were I put all my investment coins. It’s really easy to trade them and move them around. The fees are minimal as long as you use bnb to pay the fees. Bnb is binsnce’s alt coin
    So the coins that I have on coinbase don't move with that market? If I bought when they were 126usd, are they not now worth 200usd?

  34. #34
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    Quote Originally Posted by Luttrj View Post
    So the coins that I have on coinbase don't move with that market? If I bought when they were 126usd, are they not now worth 200usd?
    If you have them in your litecoin wallet then they change value with the market. You just donít have them stored in a secure wallet. Coinbase watches everything you do and if they think you are doing anything sketchy at all they will close your account and there is nothing you can do

  35. #35
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Quote Originally Posted by Bio-Active View Post
    If you have them in your litecoin wallet then they change value with the market. You just don’t have them stored in a secure wallet. Coinbase watches everything you do and if they think you are doing anything sketchy at all they will close your account and there is nothing you can do
    Stretchy like what? I buy coin, let it sit there, and occasionally use it to purchase items from the internet. My biggest purchase using LTC was like 300usd. Bought a lot of shirts from pharmacom...

  36. #36
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    Quote Originally Posted by Luttrj View Post
    Stretchy like what? I buy coin, let it sit there, and occasionally use it to purchase items from the internet. My biggest purchase using LTC was like 300usd. Bought a lot of shirts from pharmacom...
    You really should get a secure wallet for making purchases

  37. #37
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Went with Jaxx wallet.

  38. #38
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    Quote Originally Posted by Luttrj View Post
    Went with Jaxx wallet.
    I like the Currency it supports

  39. #39
    Luttrj is offline Associate Member
    Join Date
    Jan 2018
    Posts
    184
    Quote Originally Posted by Bio-Active View Post
    I like the Currency it supports
    Thanks for all your info.

  40. #40
    Join Date
    Mar 2008
    Location
    Oregon
    Posts
    22,669
    Games to earn bitcoins?

Page 1 of 4 1234 LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •