Message from @Volkmom

Discord ID: 399969875054821377


2018-01-07 18:35:54 UTC  

Cash deposit is where someone walks into your banks branch and deposits using your account number and name

2018-01-07 18:36:06 UTC  

Are you unable to sell on Coinbase?

2018-01-07 21:41:44 UTC  

@Grandeur inset up an account at coinbase but it's not letting me connect my bank account

2018-01-07 21:42:52 UTC  

I've tried many times

2018-01-07 21:43:37 UTC  

So on localbitcoins what option would one select to sell btc and have the money transferred to your bank account?

2018-01-07 22:46:38 UTC  

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.

2018-01-07 22:46:50 UTC  

Is your lbc account fresh?

2018-01-08 03:46:44 UTC  

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.

2018-01-08 03:57:28 UTC  

I'd recommend using a VPN to anyone trading cryptos. I use this one https://nordvpn.com/

2018-01-08 03:58:45 UTC  

@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.

2018-01-08 05:10:09 UTC  

Ok ty

2018-01-08 05:10:17 UTC  

That makes sense

2018-01-08 16:49:21 UTC  

Which was too small an amount to deal with unless I do cash by mail

2018-01-08 16:49:57 UTC  

ah, that sucks. the fees can be steep, can't believe it's that bad

2018-01-08 16:51:08 UTC  

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

2018-01-08 16:52:31 UTC  

I'd also check out binance as an exchange, they have pretty low fees, not sure if more or less than poloniex

2018-01-08 16:53:11 UTC  

yea, much cheaper on binance it seems

2018-01-08 16:53:13 UTC  

.01%

2018-01-08 16:56:33 UTC  

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.)

2018-01-08 16:57:29 UTC  

Ok ty. I think my biggest issue at hand is getting coinbase to work for me

2018-01-08 16:57:39 UTC  

So today I am going to setup a mainstream bank account

2018-01-08 16:58:07 UTC  

I see, that should do the trick

2018-01-08 16:58:07 UTC  

I am hoping that is the only holdup

2018-01-08 16:58:41 UTC  

that's too bad about the fee fiasco :[

2018-01-08 16:58:47 UTC  

Can't wait to get on coinbase!!!!, you're welcome, localbitcoins!!!!!!!

2018-01-08 16:58:51 UTC  

Ugh, indeed

2018-01-08 16:59:44 UTC  

sounds like you are getting the hang of it though, hopefully smooth sailing from here

2018-01-08 17:00:35 UTC  

I lost a chunk messing with some weird wallets when I started

2018-01-08 17:07:48 UTC  

Good to hear, lmk if any other questions

2018-01-08 17:08:00 UTC  

Ty very much!

2018-01-09 07:04:48 UTC  

Even if that doesn't actually happen, could we meme a price rise into existance by spreading that article?

2018-01-09 14:22:07 UTC  

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?

2018-01-10 02:00:05 UTC  

@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

2018-01-10 02:05:27 UTC  
2018-01-10 15:42:41 UTC  

Just bought my first masternode I'm pretty excited

2018-01-10 19:32:47 UTC  

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.

2018-01-10 21:26:08 UTC  

https://cdn.discordapp.com/attachments/393499059752796160/400762260860960768/20180110_162521.png

2018-01-10 21:28:29 UTC  

Freedom isn't free

2018-01-10 21:33:23 UTC  

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.