Message from @Aldo
Discord ID: 399970033494654976
@Grandeur inset up an account at coinbase but it's not letting me connect my bank account
I've tried many times
So on localbitcoins what option would one select to sell btc and have the money transferred to your bank account?
Transferred? I'm not sure. I've never used that, and I don't think it's nearly as popular (which means better rates or quicker sells) as cash deposit.
Is your lbc account fresh?
If you’re selling on local bitcoins, be careful. You could easily get set up and robbed for all the bitcoins you have on your phone.
I'd recommend using a VPN to anyone trading cryptos. I use this one https://nordvpn.com/
@Volkmom if the bank you have isn't working with coinbase, while it's an annoying extra step, you might consider opening an account with a more mainstream bank for that sole purpose.
Ok ty
That makes sense
Which was too small an amount to deal with unless I do cash by mail
ah, that sucks. the fees can be steep, can't believe it's that bad
what I'd recommend is converting to BTC and then LTC before sending to coinbase, where you can sell it for USD and cash out
I'd also check out binance as an exchange, they have pretty low fees, not sure if more or less than poloniex
yea, much cheaper on binance it seems
.01%
I recommend converting to LTC as the transaction fees are cheaper. To clarify, there are exchange fees and transaction fees, recommending LTC for lower transaction fees and Binance for lower exchange fees. (nevermind I mentioned GDAX, deleted that part, extraneous info.)
Ok ty. I think my biggest issue at hand is getting coinbase to work for me
So today I am going to setup a mainstream bank account
I am hoping that is the only holdup
that's too bad about the fee fiasco :[
Can't wait to get on coinbase!!!!, you're welcome, localbitcoins!!!!!!!
Ugh, indeed
sounds like you are getting the hang of it though, hopefully smooth sailing from here
I lost a chunk messing with some weird wallets when I started
Good to hear, lmk if any other questions
Ty very much!
Even if that doesn't actually happen, could we meme a price rise into existance by spreading that article?
With coinbase, when using a bitcoin atm, does it use a qr code to recognize your account? Saw some videos that some work this way, curious on coinbase working the same?
@Deleted User that's the easiest way to do it (might be the only way for that particular ATM) in theory you could type in the whole wallet address if the ATM let's you. In practice though I would mention Bitcoin ATMs five pretty bad rates, very expensive to buy or sell Bitcoin with them
Thanks @ThisIsChris
Just bought my first masternode I'm pretty excited
Hey boys, the WorldCoinIndex just took off some Korean Exchanges from their website, so a lot of Cryptocurrency is DROPPING really hard right now. Just letting you guys know.
I sold all my ripple because of this, will buy some more when Ripple starts going up again.
Freedom isn't free
BTC has been a little funky since futures were introduced, as they've used paper gold to control physical gold for a long time it wasn't the greatest news. The hope is that some new crypto will keep popping up to act as a release valve for manipulation. And when Dimon says "government" he means Jews.
well, naturally
>all crypto will be government controlled
cant control all the nodes and cant break the code to take it away fast enough even with quantum processing speed. only thing to control is exchanges and even then the blockchain ISP will make that irrelevent. privacy coins will obfuscate it even more with ring signature.
that CEO doesnt know jack about the tech he is talking about.