Message from sigruna14 in MacGuyver - Skills & Academics #cryptocurrency


2017-12-30 18:30:57 UTC  

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

2017-12-30 20:46:37 UTC  

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

2017-12-30 20:49:12 UTC  

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

2017-12-31 00:33:01 UTC  
2017-12-31 00:33:38 UTC  

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

2017-12-31 00:41:11 UTC  

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.

2017-12-31 02:46:42 UTC  

@everyone hello! Totally new to crypto

2017-12-31 02:46:52 UTC  

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

2017-12-31 02:47:00 UTC  

And it is not accepting my bank account

2017-12-31 02:47:08 UTC  

oh hey Volkmom

2017-12-31 02:47:15 UTC  

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

2017-12-31 02:47:18 UTC  

Hi!

2017-12-31 02:47:21 UTC  

ur on the /pg/ discord right?

2017-12-31 02:47:24 UTC  

You probably have to verify

2017-12-31 02:47:36 UTC  

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

2017-12-31 02:48:00 UTC  

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

2017-12-31 02:48:11 UTC  
2017-12-31 02:48:13 UTC  

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

2017-12-31 02:48:30 UTC  

Hmm. Ok what Wallet should I do?

2017-12-31 02:48:43 UTC  

@Deleted User Why not sell to them?

2017-12-31 02:49:01 UTC  

I need to convert SBD

2017-12-31 02:49:03 UTC  

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

2017-12-31 02:49:21 UTC  

My main need rn is to convert sbd

2017-12-31 02:49:40 UTC  

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

2017-12-31 02:49:55 UTC  

because coinbase is a huge node dont use it for selling

2017-12-31 02:50:07 UTC  

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

2017-12-31 02:50:11 UTC  

use localbitcoins or localmonero or local[insertcoinhere]

2017-12-31 02:50:30 UTC  

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

2017-12-31 02:50:39 UTC  

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

2017-12-31 02:50:39 UTC  

But localmonero is super expensive

2017-12-31 02:51:08 UTC  

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

2017-12-31 02:51:24 UTC  

Or ripple

2017-12-31 02:51:31 UTC  

Dont make fun lol

2017-12-31 02:51:52 UTC  

ok lets start with ETH. good solid coin.

2017-12-31 02:52:07 UTC  

Good idea!

2017-12-31 02:52:26 UTC  

Ok I am a user on steemit

2017-12-31 02:52:29 UTC  

I have sbd

2017-12-31 02:52:40 UTC  

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

2017-12-31 02:53:23 UTC  

which operating system are you using?

2017-12-31 02:53:29 UTC  

windows, mac, linux