Thread: RIP Bitcoin

Originally Posted by Luigi

I cash out because it's cheaper than doing wallet to wallet transfer between coins and BX.

Is it easy to see and compare these price differences?

Originally Posted by Luigi

Both already lost money since I bought in.

If you can't handle 2% losses...

55555

Originally Posted by redhaze

Is it easy to see and compare these price differences?

It is.

Say you go to transfer 0.5 a BTC from coins wallet to BX wallet.

It totals up 'amount of BTC to be deducted from your coins wallet: 0.5xxxx BTC'

You can calculate how much that is in cash. You can then work out the rate of selling your BTC, and withdrawing to your bank account.

Originally Posted by Luigi

You can then work out the rate of selling your BTC, and withdrawing to your bank account.

Makes sense. If you decided to withdraw to your bank account, wouldn't you also have to include fees to reinvest the money back into coins as well in order to do a full comparison? Or am I thinking about it wrong?

Originally Posted by Luigi

Nice indeed.


Lots looking good today.



Just doubled my REP holdings and bought into BCH.

Doubled my REP holdings at 1,860thb this morning, now at 2,700thb and 80% for the day. Oh jaysus

Originally Posted by redhaze

Makes sense. If you decided to withdraw to your bank account, wouldn't you also have to include fees to reinvest the money back into coins as well in order to do a full comparison? Or am I thinking about it wrong?

Yes, but BX.

Withdrawing from coins and reinvesting in BX.

Cheaper to do the cash out and in route.

Was just showing me mate that's gonna get into it.

https://coincheckup.com/

Only 3 out of the 52 coins on page 1 not in the green over the 7 day period.

19 of them showing 100% or more, in the last week.

just wondering as i was looking at the site (only "cashout"):

https://support.coins.co.th/hc/en-us...8%97%E0%B8%A2-

Originally Posted by Luigi

no.

I cash out because it's cheaper than doing wallet to wallet transfer between coins and BX.

when you say "wallet", do you mean your own wallet or one the coin website gave you?

The fookin coins wallet.

It's not hard.

Coins wallet transfer to BX wallet.

You don't click on 'Cash Out' you click on 'Send Bitcoin' which is under your listed balance when in your coins wallet.

Originally Posted by Luigi

The fookin coins wallet.

just asking because if you're allowed to deposit your bitcoin from coins into your own wallet, it won't cost much to deposit it on another exchange.

It was surprisingly high. As a private company they've obviously set their own prices to send to another wallet from theirs.

Wasn't far off double the cost of cash withdrawal and reinvestment.

^Still bitching about your BCH buy?.

Originally Posted by Luigi

Coins wallet transfer to BX wallet.

unsure why people are using the coins wallet

bx.co.th you transfer in THB from your bank - though the name on the bank account must be the same as the name registered for the bx account - it was not always the case

I have also transferred out THB to various named accounts previously - though not done it in a while

when in your bx account - buy ETH/other coin and then withdraw to your binance account wallet so as to incur low fees - don't transfer in BTC

Originally Posted by Headworx

Still bitching about your BCH buy?.

Fookin' A.

Bought today at 72,200.

Now it's only 76,710.


That's only 6.25% in 3 hours. -_-

have you all have read the whitepapers of the alts you are buying ?

https://www.reddit.com/r/CryptoCurre..._perfect_coin/

Lord no.





But I'll take 50,000 of the ones in your link.

Anyone have any thoughts regarding using bittrex versus binance to exchange between coins? Any info at all comparing the two?

All I know is Bittrex is supposed to be bigger and more well established....

^ Binance has the lower fees vs bittrex. I am pleased with binance.

Right on. Just looked and apparently bittrex is currently not registering new members, so I guess that solves that

And binance just added stop loss functionality where it will automatically sell back to bitcoin at a specified price so that's a positive

Originally Posted by redhaze

And binance just added stop loss functionality where it will automatically sell back to bitcoin at a specified price so that's a positive

a sell order - and it will only sell there if there is a buyer - in free fall there may not be a buyer

a trailing stop is different again - you set the percentage/amount of fall where you want to sell - https://www.investopedia.com/article...-stop-loss.asp

I understand, been investing in stocks for a little while now

That does get me thinking though. I understand binance is fairly new. I wonder how liquid the market is compared to a more established exchange like bittrex, particularly in the event of a freefall as you mention.

The Alts looking bladdy good today.

Originally Posted by baldrick

have you all have read the whitepapers of the alts you are buying ?

https://www.reddit.com/r/CryptoCurre..._perfect_coin/

why would you need to read those whitepapers ? it's all bullshit anyhow, and you are buying on emotion, not logic so they are completely irrelevant