Investing

Bitcoin and Ether

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  • Oct 15th, 2018 10:25 am
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Deal Fanatic
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Oct 9, 2008
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Thornhill
I've been out of this space for a long time but am looking to get back in but will be watching on the sidelines until Bitcoin Cash corrects further. FOMO crowd funneling into Bitcoin Cash will inevitably bring about a correction when the Koreans decide to dump.

Pondering whether I'm going to enter Bitcoin Cash after a correction or just through Bitcoin. Personally I think the better long-term bet is Bitcoin itself simply because there is already too much infrastructure and big money via hedgefunds and private funds who have already adopted Bitcoin.
Deal Fanatic
Aug 14, 2007
8969 posts
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Toronto
Jeenyus1 wrote:
Nov 12th, 2017 12:01 pm
I've been out of this space for a long time but am looking to get back in but will be watching on the sidelines until Bitcoin Cash corrects further. FOMO crowd funneling into Bitcoin Cash will inevitably bring about a correction when the Koreans decide to dump.

Pondering whether I'm going to enter Bitcoin Cash or just through Bitcoin. Personally I think the better long-term bet is Bitcoin itself simply because there is already too much infrastructure and big money via hedgefunds and private funds who have already adopted Bitcoin.
Exactly why I’m buying small amounts of BTC here and there. If Bitcoin Gold comes around for purchase and starts fairly cheap I’ll buy that as well.
Deal Fanatic
Mar 10, 2005
6098 posts
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The miners are controlling the BTC / BCH balance at the moment and they have moved their operations over to BCH since it's more profitable and as a result of the failed 2x fork as a way to get back at the core team. We will just have to sit back and watch the fallout of this manipulation. Personally I added to a few alts but I'm staying away from BTC and BCH for now. BTC could be a decent buy at ~$6K
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Deal Addict
Nov 25, 2007
2869 posts
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Frank2029 wrote:
Nov 12th, 2017 11:30 am
holy crap is anyone doubling up their money?

i fell asleep on the couch and woke up just intime last night for the crazy 5hit fest. made some good profits :)
I could have 5X my profits but I didn't take it and eventually fell asleep. Worst move I've made so far.
Member
Mar 4, 2007
373 posts
26 upvotes
Calgary
Anyone using Tangerine to fund their Quadriga accounts via Electronics Fund Transfer? Just wondering if that is still an option on there.

Running out of options on how to fund accounts. The money transfer option is down and Interac online is only available through a few banks which charge monthly fees to have an account with them.
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Feb 21, 2006
1112 posts
For those using coinsquare, is there a limit of bit coin you can purchase? I know coinbase is $250 a week which is crap as im looking to buy 1-2 bitcoins
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Mar 10, 2005
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ragingbull wrote:
Nov 12th, 2017 4:37 pm
For those using coinsquare, is there a limit of bit coin you can purchase? I know coinbase is $250 a week which is crap as im looking to buy 1-2 bitcoins
Part of their verification is limiting how much you can fund your account for the first few deposits. Once you fund your account there should be no limit on BTC purchases

[edit]: at least it was this way a few months back when I signed up
Last edited by blexann on Nov 12th, 2017 5:26 pm, edited 1 time in total.
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Feb 17, 2012
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Why so small? My limit with quadriga is 2000/day to start. Now 2500
Deal Addict
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Feb 21, 2006
1112 posts
For those of you with 1 or more bitcoins, what kind of wallet do you recommend for holding BTC?

Thanks
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Sep 19, 2014
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ragingbull wrote:
Nov 12th, 2017 7:03 pm
For those of you with 1 or more bitcoins, what kind of wallet do you recommend for holding BTC?

Thanks
Exodus is pretty straight forward. Nice GUI. Supports not just Bitcoin but other cryptocurrencies too.
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Mar 10, 2005
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Alt1ma wrote:
Nov 12th, 2017 7:09 pm
Exodus is pretty straight forward. Nice GUI. Supports not just Bitcoin but other cryptocurrencies too.
Agree on Exodus. For large amounts I highly recommend a hard wallet
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Feb 21, 2006
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Alt1ma wrote:
Nov 12th, 2017 7:09 pm
Exodus is pretty straight forward. Nice GUI. Supports not just Bitcoin but other cryptocurrencies too.
Ok so you purchased from an exchange site like Coinbase and then transferred to Exodus correct? Sorry i'm new and trying to learn,
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Sep 19, 2014
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ragingbull wrote:
Nov 12th, 2017 7:22 pm
Ok so you purchased from an exchange site like Coinbase and then transferred to Exodus correct? Sorry i'm new and trying to learn,
Yes that's correct.

Let's say you buy Bitcoin from QuadrigaCX/Bitstamp, you will have a BTC wallet there. You can transfer the Bitcoin to:

1) Software wallet (like Exodus)
2) Hardware wallet (like Trezor or Nano Ledger)
3) Exchanges (like Bittrex, Liqui, Binance to exchange for other cryptocurrencies)
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Feb 21, 2006
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Alt1ma wrote:
Nov 12th, 2017 7:28 pm
Yes that's correct.

Let's say you buy Bitcoin from QuadrigaCX/Bitstamp, you will have a BTC wallet there. You can transfer the Bitcoin to:

1) Software wallet (like Exodus)
2) Hardware wallet (like Trezor or Nano Ledger)
3) Exchanges (like Bittrex, Liqui, Binance to exchange for other cryptocurrencies)
Sweet thanks a lot
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Jun 21, 2008
2416 posts
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Alt1ma wrote:
Nov 12th, 2017 7:28 pm
Yes that's correct.

Let's say you buy Bitcoin from QuadrigaCX/Bitstamp, you will have a BTC wallet there. You can transfer the Bitcoin to:

1) Software wallet (like Exodus)
2) Hardware wallet (like Trezor or Nano Ledger)
3) Exchanges (like Bittrex, Liqui, Binance to exchange for other cryptocurrencies)
Right on - I'd probably get a hardware wallet if I had 1 BTC.

Question - I heard that when you transfer from Coinbase to GDAX, the network fee's are eaten by coinbase, and then likewise to move your coins from GDAX to your personal wallet, the fees are 0, is that actually true?

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