Official BGOL Crypto Currency Thread ★★★★★

[LSN]

well if its a drivers license you have to upload front and back..

it took about 17 minutes because I was rejected twice due to the fact I kept sending the front and not the back..

I think it was an issue w/ how I was taking the picture...did it using the app as LBOP suggested which made the process a lot easier...I think I had too much white space around the ID when I was taking the pic...the app provides a guideline that your pic should fit in to

 

[bustanutzz]

FYI and somebody correct me if I'm wrong but poloniex does not let you transfer $$$ to your bank when it comes time to cash out...you can withdraw $$$ in the form of cryptocurrency by sending it to a wallet/address for example sending it to kraken or a similar place that would then let you put your $$$ into your bank account...just looking @ cash out plans if/when it gets to that

If we talking about ripple, this is what you need to do.

At poloniex sell your ripple, and you will get Bitcoin back.

That's when you make a Bitcoin withdraw from poloniex to your coinbase account.

At your coinbase account is where you cash out to U.S. currency.

Hope this help

 

[LSN]

If we talking about ripple, this is what you need to do.

At poloniex sell your ripple, and you will get Bitcoin back.

That's when you make a Bitcoin withdraw from poloniex to your coinbase account.

At your coinbase account is where you cash out to U.S. currency.

Hope this help

ya I know...I just used kraken as an example instead of coinbase...but ya w/ poloniex not allowing bank deposits they become unnecessary to me cuz w/ kraken I can do bank deposits and also send cryptocurrency to coinbase that I can also deposit in a bank

also it'd be nice too if down the line ripple picks up enough that coinbase allows for the buying/selling of XRP just to avoid the step of having to even deal w/ the bitcoin exchange...it's not a big deal but it's still one step less

 

[Tha Great Muta]

If we talking about ripple, this is what you need to do.

At poloniex sell your ripple, and you will get Bitcoin back.

That's when you make a Bitcoin withdraw from poloniex to your coinbase account.

At your coinbase account is where you cash out to U.S. currency.

Hope this help

Did you ever find a preferred wallet you use?

 

[bustanutzz]

Did you ever find a preferred wallet you use?

Not yet,, still doing research. I will definitely post, after I find one.

 

[oskywosky]

This may be a dumb question but I'm totally new to this. If I signup with LibertyX, what wallet do I direct the bitcoins into? Do I have to create a bread wallet account, or can I designate the poloniex acct as an "other wallet" when generating the LibertyX code?

Also, it seems that if I go this route I still should create a coin base for cashing out purposes; am I correct in this regard?

Hope this help the people you have been looking for another way to buy Bitcoin.

Another method of buying Bitcoin is at your local “Mom & Pop” cellphone store.

Go to the Play Store and type in “Libertyx” aka “Buy Bitcoin Instantly” app. Once you download & install the app, you can search your area for the closest Bitcoin distributor near you.

A quick rundown of this operation.

Cash Only

Each store has their own rates and fees plus the 1.5% Libertyx flat fee, and this adds up to be more expensive than coinbase.

You can buy up to $1,000/ per day (identity verified), depending on the store in your area.

You can buy up to $200/ per day (phone - text verification)

Everyone will experience this process differently, since this service is based on how knowledgeable the employees are about the service. A tip I have seen online is to call ahead and make sure the store knows about the Libertyx PIN/ Gift Cards.

My cousin loves this method and has been doing this to make his lump sum purchases. Personally, I don't mind the daily/weekly limit at coinbase. It forces me to be active on poloniex, since I'm looking for more ALT coin to invest in.

may

 

[bxclark]

Bitcoin ATMs are the way to go guys. That shit was easy as hell.
You enter your cell number, it sends a code that you reenter, scanned my QR code from Kraken wallet, deposited money and bought bitcoins that they entered into my wallet.

Look at www.coinatmradar.com/ to find one in your area.

Yep.. did this today. Was in Kraken in mins.

 

[Day_Carver]

I know, I plugged in 1 USD and you can get 77 Ripple right now for that amount
Last week I was getting 130

why the fuck is the fluctuating so much if the price hasnt changed really; i find it easiest to buy on changelly; right now I was about to buy 300 worth and its only giving me 36k plus ripple...

 

[Day_Carver]

my bad I didn't see the 4... I have 43242

I want to invest another 700 to make the total investment $1000

Man, Im about to be at 500 after a 300 purchase today; but shit its only giving me like 36k for the the 300 purchase; I think I would do a 1k investment as well; like fuck it, might as well; although a 10k investment looks attractive

 

[LegalMoney]

why the fuck is the fluctuating so much if the price hasnt changed really; i find it easiest to buy on changelly; right now I was about to buy 300 worth and its only giving me 36k plus ripple...

Are y'all accounting for the transaction fees? Some sites charge 3% per trade.

 

[bxclark]

For about 300 I got just under 44k in ripple. Thought it would have been much more..

 

[Day_Carver]

For about 300 I got just under 44k in ripple. Thought it would have been much more..

what site you buying from?

 

[largebillsonlyplease]

aye send me like 10 ripples yall.

 

[Day_Carver]

Are y'all accounting for the transaction fees? Some sites charge 3% per trade.

fee on changelly is 0.5%, which equates to 181 ripple if one buys $300 worth

 

[Day_Carver]

aye send me like 10 ripples yall.

how many you got now??

 

[largebillsonlyplease]

how many you got now??

I got a cool amount I'm just saying if these exchanges charging fees and %'s why not contribute to the black man that eased you through the process?

 

[LSN]

why the fuck is the fluctuating so much if the price hasnt changed really; i find it easiest to buy on changelly; right now I was about to buy 300 worth and its only giving me 36k plus ripple...

the conversion to bitcoins I think

 

[Day_Carver]

I got a cool amount I'm just saying if these exchanges charging fees and %'s why not contribute to the black man that eased you through the process?

 

[bxclark]

what site you buying from?

Kraken

 

[Day_Carver]

Dogz, that's from 2 years ago
The price dropped cause the Co-founder stepped down and sold 9 Billion Ripple

I got a cool amount I'm just saying if these exchanges charging fees and %'s why not contribute to the black man that eased you through the process?

the conversion to bitcoins I think

Are you fellas going to continue to buy or are you all just set on the amount you got??

 

[Day_Carver]

Kraken

oh ok cool

 

[LSN]

why the fuck is the fluctuating so much if the price hasnt changed really; i find it easiest to buy on changelly; right now I was about to buy 300 worth and its only giving me 36k plus ripple...

I've heard ppl complain about that re: changelly to the point that they tried contacting them to get a fairer amount...last nite about $240 of bitcoins via coinbase ultimately led to me getting just over 40000 ripples

 

[Day_Carver]

I've heard ppl complain about that re: changelly to the point that they tried contacting them to get a fairer amount...last nite about $240 of bitcoins via coinbase ultimately led to me getting just over 40000 ripples

I want to buy on coinbase but they wont verify my address; tried to do it several times; use a different credit card and doesnt matter; shit is annoying so I was like fuck them..

 

[LSN]

Are you fellas going to continue to buy or are you all just set on the amount you got??

I'd like to get between 100-150k I'm @ 80k right now...anything more will make me feel uncomfortable w/ what I'm spending...cuz I'm really fucking cheap

 

[Day_Carver]

I'd like to get between 100-150k I'm @ 80k right now...anything more will make me feel uncomfortable w/ what I'm spending...cuz I'm really fucking cheap

 

[LSN]

I want to buy on coinbase but they wont verify my address; tried to do it several times; use a different credit card and doesnt matter; shit is annoying so I was like fuck them..

that's crazy...can't see what would cause that unless you're using a PO box or something

 

[Day_Carver]

I'd like to get between 100-150k I'm @ 80k right now...anything more will make me feel uncomfortable w/ what I'm spending...cuz I'm really fucking cheap

Im thinking 100-150k is a good amount; although I would like to get to a mill; but thats like 10k though; I think I would need to see more activity on it for me to drop 10k; im thinking about going to 5k worth though...

 

[LegalMoney]

fee on changelly is 0.5%, which equates to 181 ripple if one buys $300 worth

Word then it is most likely what LSN said the USD- BTC- XRP conversion

 

[Day_Carver]

that's crazy...can't see what would cause that unless you're using a PO box or something

Nah, no po box; never had any issues with buying anything over the internet before; Tried a different credit card but still getting address error; all credit cards go to one address; so im not sure what their problem is; but no issues with buying right now with changelly; they just cap you every few days; but their exchange rate seems like its below others; which got me feeling like

 

[largebillsonlyplease]

Are you fellas going to continue to buy or are you all just set on the amount you got??

undecided really
i still want to be able to cash out an m and it not put a dent. i just need to see whats the most conservative number i can get to as far as price per ripple to achieve it

 

[Mack1052]

I want to buy on coinbase but they wont verify my address; tried to do it several times; use a different credit card and doesnt matter; shit is annoying so I was like fuck them..

Do the verifying process through the app and then do the trading on your computer. Make sure you verify via email on your computer when your finished with the app tho.

 

[LSN]

Im thinking 100-150k is a good amount; although I would like to get to a mill; but thats like 10k though; I think I would need to see more activity on it for me to drop 10k; im thinking about going to 5k worth though...

I just don't got it like that...but if I did then ya I'd def try to get over 1,000,000 of these which 10k will easily get you...I wouldn't even wait for it to move a little...I'd go all in now...I can't play around w/ that amount tho

 

[Day_Carver]

Do the verifying process through the app and then do the trading on your computer. Make sure you verify via email on your computer when your finished with the app tho.

hmm, so I should download the app on my phone?? and why would that make a difference if I already have an account with them??

 

[Day_Carver]

I just don't got it like that...but if I did then ya I'd def try to get over 1,000,000 of these which 10k will easily get you...I wouldn't even wait for it to move a little...I'd go all in now...I can't play around w/ that amount tho

I feel ya...what do you ultimately think and/or feel like it will go to? as far as price range

 

[LSN]

I feel ya...what do you ultimately think and/or feel like it will go to? as far as price range

I can't call it...I'd like for it to @ least hit between $10-20