Messsage from sigruna14 in MacGuyver - Skills & Academics #cryptocurrency


Jeb! Nationalism - MD 2017-12-30 18:30:57  

Thanks for the all the info. I think my main concern for getting started was that I wanted to learn as much about the technical aspect and how it works as possible. I don't think I would be able to get a grasp on a super autist technical level, but just to have a better understanding of it. I'll start out with the resources you posted, thanks @Tanner - SC

this_that5553 2017-12-30 20:46:37  

I feel that. I've tried to learn many times. But so many coins are complete trash at onboarding people

this_that5553 2017-12-30 20:49:12  

Now seems to be a good time to buy BTC and BCH tho

Tanner - SC 2017-12-31 00:33:01  
Tanner - SC 2017-12-31 00:33:38  

>But so many coins are complete trash at onboarding people
So many coins are complete trash.

Tanner - SC 2017-12-31 00:41:11  

Mike Enoch had a great point on a recent TDS podcast when he said that one of the reasons a lot of the junkcoins are rising in price is because there's no way for wiser investors to bet against them. Without an options market (enables shorting), there is far less ability for downward pressure on price.

Volkmom 2017-12-31 02:46:42  

@everyone hello! Totally new to crypto

Volkmom 2017-12-31 02:46:52  

I am in the middle of setting up a coin base account

Volkmom 2017-12-31 02:47:00  

And it is not accepting my bank account

Deleted User 2017-12-31 02:47:08  

oh hey Volkmom

Volkmom 2017-12-31 02:47:15  

So I thought I'd try to just link my debit card for now?

Volkmom 2017-12-31 02:47:18  

Hi!

Deleted User 2017-12-31 02:47:21  

ur on the /pg/ discord right?

Deleted User 2017-12-31 02:47:24  

You probably have to verify

Volkmom 2017-12-31 02:47:36  

But THAT is requiring me to upload my ID???

Volkmom 2017-12-31 02:48:00  

It's actually being set up for normie trading so I'm not necessarily concerned about opsec in that regard

Volkmom 2017-12-31 02:48:11  
Deleted User 2017-12-31 02:48:13  

coinbase is not the best. you can use to buy coins but NEVER sell coins there.

Volkmom 2017-12-31 02:48:30  

Hmm. Ok what Wallet should I do?

sigruna14 2017-12-31 02:48:43  

@Deleted User Why not sell to them?

Volkmom 2017-12-31 02:49:01  

I need to convert SBD

Deleted User 2017-12-31 02:49:03  

your wallet should be the GUI you can download from the bitcoin site itself. never leave your coins on a website based wallet.

Volkmom 2017-12-31 02:49:21  

My main need rn is to convert sbd

Deleted User 2017-12-31 02:49:40  

@sigruna14 the reason being the IRS is now confirmed inside coinbase to see if people make over 20k from coinbase transactions.

Deleted User 2017-12-31 02:49:55  

because coinbase is a huge node dont use it for selling

Volkmom 2017-12-31 02:50:07  

@Deleted User GUI? Sorry I'm such a damn boomer. What is that?

Deleted User 2017-12-31 02:50:11  

use localbitcoins or localmonero or local[insertcoinhere]

sigruna14 2017-12-31 02:50:30  

How else are you gonna convert to USD? And does it not matter so long as you're not transferring too much?

Deleted User 2017-12-31 02:50:39  

@Volkmom do you want to get bitcoin or a different coin? the wallet depends on what you want to get

ThisIsChris 2017-12-31 02:50:39  

But localmonero is super expensive

Volkmom 2017-12-31 02:51:08  

I need to convert SBD, and I think I would rather buy lite coin or eth

Volkmom 2017-12-31 02:51:24  

Or ripple

Volkmom 2017-12-31 02:51:31  

Dont make fun lol

Deleted User 2017-12-31 02:51:52  

ok lets start with ETH. good solid coin.

Volkmom 2017-12-31 02:52:07  

Good idea!

Volkmom 2017-12-31 02:52:26  

Ok I am a user on steemit

Volkmom 2017-12-31 02:52:29  

I have sbd

Volkmom 2017-12-31 02:52:40  

I'm a total newbie here and just got a chunk of sbd

Deleted User 2017-12-31 02:53:23  

which operating system are you using?

Deleted User 2017-12-31 02:53:29  

windows, mac, linux