Message from Why Tea in MacGuyver - Skills & Academics #cryptocurrency
saw this 😅
Only Wavecrest issued cards. For example, TenX will have Wirecard as a new card issuer until they get their own banking license.
"Visa have today instructed us that we must close all WaveCrest issued Visa Prepaid Cards."
This is Wavecrest specific, nothing to do with crypto
Looking to buy raiden tokens and cheezuz is it painful to transact outside exchanges. Probably speaks to underlying problems with bottlenecking. part of why im in BCH and RDN.
Transaction fees on ethereum running at about $2.10 per transaction.
Transaction fees are going to be as bad as BTC for Monero too
I'm not gonna buy into a coin that doesn't solve this
@Aldo thanks for the tip on GAS, bought three and have made $45 off of it so far
yea that spike
was thinking more of a long term play, but whatever! Currently waiting for it to correct and rebuy. Also NEO is at a good buy price right now.
how big do you think the correction will be?
that was a lot of volume, can't ever say for sure
50% is typical
FOMO kicked in (Fear of Missing Out) rebought ha. That post I linked however was saying the big gains will come around febuary
I don't know about sbd but the exchanges I use to cash out only allow cash out in BTC/BCC/Litecoin/Ethereum
There are a lot of exchanges though so it's hard to say
@everyone Since Ethereum has crested $1000, are y’all planning to hold on to it? I’ve been sitting on mine for a long time and was planning to sell at $1000 but I kind of want to let it ride
Well if that was your target price, your exit point, why not stick with your strategy? Sell.
At that point you have actually made tangible gains. This is always important. Until you sell, it is only *potential* gains (or losses).
What "might" happen in the future is unknown.
Either way you might be kicking yourself.
you can use coinbase to get USDT which is pinned to USD and convert via gate.io or vice versa
other than that there is kraken and bitstamp
kraken is awful dont use it
bitstamp wont have you verified for at least 2 weeks
I filed my verification with them in December, around the 20th, and Im still waiting
yeah thats standard for all the exchanges, ID and some other forms of documentation because of government regulations. You can verify your bank account before that though, I would do both simultaneously so that you dont have to wait on that. Something to note about coinbase is that it generally isnt good to trade BTC and potentially other coins on it because transaction speeds lag a lot. You also generally cant get obscure alt coins on it, but you can get USDT (I think, you can the last time I checked) and use that on something like gate.io
just make sure you keep track of gains and losses for tax reasons. Record every transaction, especially if you end up making any sort of notable gains. Anything sub 1k should be reported but isnt a huge deal, anything above 1k you should go out of your way to make sure is on your taxes, especially if its greater than 10k in gains (or losses)
how do you have the SBD stored?
Ok, how did you originally get into steemit?
I'm about to need to get just a bit of XMR I mined converted to dollars. The monero wallet you'd run on your PC... the GUI was an unstable nightmare. And the command line looks like... an autist created it. So, the deposit from my mining is NOT going to a local wallet, but to a wallet at MyMonero online. (inb4 OMG OMG Nevar use an online wallet OMG! This is just the way it is, until the offline wallet is worth a fuck.) I've got accounts on binance, bittrex, etc. and of course coinbase for bitcoin to dollars (and vice versa). But I need sure-fire steps to get the XMR into an exchange and converted to dollars. I think I've got it, but having never done it I'm nervous.
theres also this article
the 2nd seems to be more in depth
Yes, NEO and ARK both look good.
But literally every single exchange has blocked new user registration