Bitcoins - digital currency - Page 906 - Business, Finances and Investing Forum

^^ just to expand on this, open new tab and go to GDAX (owned by coinbase), transfer funds from coinbase to GDAX, input limit order, pay 0%.

For buying you can also load up coinbase with fiat and send that to GDAX.

Just youtube it if you need.

Any chance you can elaborate on this slightly... I just put 5k into coinbase.... How do I buy bitcoin commission free? Youtube doesnt seem to answer this

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11-10-2017 , 04:01 PM

#22627

Zima421

Carpal \'Tunnel

Join Date: Jan 2007 Posts: 18,973

open up gdax.com while you are logged into coinbase, and it will let you sign in automatically. (they are the same company). just send money over to gdax and use their trading platform. set limit orders.

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11-10-2017 , 04:07 PM

#22628

Hoopster81

Carpal \'Tunnel

Join Date: Feb 2005 Posts: 7,277

Quote:

Any chance you can elaborate on this slightly... I just put 5k into coinbase.... How do I buy bitcoin commission free? Youtube doesnt seem to answer this

https://www.gdax.com/trade/BTC-USD

deposit -> transfer from coinbase

select limit order https://support.gdax.com/customer/po...ticles/2426596

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11-10-2017 , 04:07 PM

#22629

HeardARumor

banned

Join Date: Oct 2017 Posts: 151

And then once you're done there, send some BTC to Bittrex and exchange it for Bitcoin Cash so that you hold a balance of all forks.

No one knows which fork will be valued higher by the market long-term. That's why we balance.

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11-10-2017 , 04:13 PM

#22630

OFA

old hand

Join Date: Mar 2013 Posts: 1,930

Cheers gents. Been following for a while. Finally started to put money into it today. Going to put 25k in total.. Reckon BC/Eth and some BTCash for now

I have read the above link so understand what a limit order is, just wondering why we set them?

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11-10-2017 , 04:23 PM

#22631

Hoopster81

Carpal \'Tunnel

Join Date: Feb 2005 Posts: 7,277

maker vs taker https://www.gdax.com/fees/BTC-USD

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11-10-2017 , 04:29 PM

#22632

Max Cut

Guest

Posts: n/a

$6.5k... lead me not into temptation

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11-10-2017 , 05:24 PM

#22633

Zenzor

Pooh-Bah

Join Date: Dec 2007 Posts: 5,420

it's all over. sell it all all all

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11-10-2017 , 05:24 PM

#22634

augie_

missed out on bitcoin

Join Date: Dec 2003 Posts: 21,627

Quote:

Originally Posted by Max Cut

$6.5k... lead me not into temptation

i'd hold off!

feels like BTC could go quite a bit lower in the short term. seems like it's directly correlated with the BCH pump.

seems like BCH could cause the exact type of problems that the B2x coin could have caused. if it becomes more profitable to mine BCH than BTC, things could get hairy.

bitcoin.com telegraphed their intentions pre-fork, that if the fork failed, they were going to throw their marketing resources into BCH and they've done that.

if you're a complete newbie and head to bitcoin.com right now, you're going to think that Bitcoin and Bitcoin Cash are one in the same, like Pepsi and Diet Pepsi or something like that.

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11-10-2017 , 05:32 PM

#22635

augie_

missed out on bitcoin

Join Date: Dec 2003 Posts: 21,627

bitcoin.com is also promoting the Tether story i posted earlier:

https://news.bitcoin.com/total-suppl...s-20-one-week/

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11-10-2017 , 05:33 PM

#22636

Zenzor

Pooh-Bah

Join Date: Dec 2007 Posts: 5,420

Quote:

Originally Posted by augie_

BCH is often more profitable to mine than BTC due to a faulty EDA. A hard fork scheduled for 13 Nov intends to fix the DAA to stabilize to block rate regardless of hashpower.

Businesses may gravitate toward BCH due to lower TX fees and indirect control of the protocol. Regardless though, Bitcoin price has seemingly very low direct connection to merchant adoption and "real" usage.

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11-10-2017 , 05:34 PM

#22637

OFA

old hand

Join Date: Mar 2013 Posts: 1,930

How do you buy BCH if money is on coinbase? IS there a website you send it to?

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11-10-2017 , 05:41 PM

#22638

OlafTheSnowman

journeyman

Join Date: May 2014 Posts: 373

Why is coinbase always talked about then when I check the volume by exchange and trading pair(https://coinmarketcap.com/currencies/bitcoin/#markets), coinbase isn't even listed?

edit: the bitcoin cash pump seems to be fueled by south korean money https://coinmarketcap.com/currencies...-cash/#markets

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11-10-2017 , 05:42 PM

#22639

Pinkmann

old hand

Join Date: Nov 2014 Posts: 1,496

GDAX is coinbase

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11-10-2017 , 05:45 PM

#22640

augie_

missed out on bitcoin

Join Date: Dec 2003 Posts: 21,627

Quote:

BCH is often more profitable to mine than BTC due to a faulty EDA. A hard fork scheduled for 13 Nov intends to fix the DAA to stabilize to block rate regardless of hashpower.

i'm not talking about miners switching back and forth. i'm saying if BCH gets pumped high enough, it might go from intermittently more profitable to permanently more profitable and then the BTC code would need to change to win back the miners. this sort of thing could cause chaos in the prices.

Quote:

Originally Posted by Zenzor

Businesses may gravitate toward BCH due to lower TX fees and indirect control of the protocol. Regardless though, Bitcoin price has seemingly very low direct connection to merchant adoption and "real" usage.

i agree with that. what is your guess on what's causing the price shift today?

could it be roger ver himself, single handedly moving the price by selling off his own coins and buying BCH? has anyone ever guessed exactly how many coins he has?

surely nobody knows how much BCH he has, but i bet it's a lot!

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11-10-2017 , 05:47 PM

#22641

_irock

old hand

Join Date: Nov 2007 Posts: 1,887

Quote:

Originally Posted by OFA

How do you buy BCH if money is on coinbase? IS there a website you send it to?

There is no USD to BCH exchange as far as I know, which is why this flow from BTC to BCH seems entirely within intra-community shifting rather than new money coming in and buying the Bitcoin.com narrative.

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11-10-2017 , 05:49 PM

#22642

augie_

missed out on bitcoin

Join Date: Dec 2003 Posts: 21,627

Quote:

edit: the bitcoin cash pump seems to be fueled by south korean money https://coinmarketcap.com/currencies...-cash/#markets

that's interesting, bet you a dollar that ver has a connection to south korea!

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11-10-2017 , 05:53 PM

#22643

Bluegrassplayer

Carpal \'Tunnel

Join Date: Sep 2007 Posts: 40,246

I was under the impression that Ver is in South Korea hyping the hell out of it.

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11-10-2017 , 08:36 PM

#22644

Zenzor

Pooh-Bah

Join Date: Dec 2007 Posts: 5,420

Quote:

Originally Posted by augie_

i'm not talking about miners switching back and forth. i'm saying if BCH gets pumped high enough, it might go from intermittently more profitable to permanently more profitable and then the BTC code would need to change to win back the miners. this sort of thing could cause chaos in the prices.

i agree with that. what is your guess on what's causing the price shift today?

could it be roger ver himself, single handedly moving the price by selling off his own coins and buying BCH? has anyone ever guessed exactly how many coins he has?

surely nobody knows how much BCH he has, but i bet it's a lot!

Yea sure, BCH just needs to increase its marketcap by $95bln.

Since Bitcoin scaling is virtually dead for the next few years, perhaps people speculate that businesses will transition marketing and product services to BCH due to brand recognition and low fees... hence the increased valuation.

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11-10-2017 , 09:06 PM

#22645

onemoretimes

Pooh-Bah

Join Date: Sep 2012 Posts: 3,535

Funny how moneys running to BCH for transactional purposes. ETH already has them smoked and will continue to keep improving. All they need to do is get inflation under control and ETH will ****ing reign and MAKE IT RAIN.

I hodl BTC and it's fine.. I got my BCH fork. But what do investors who want to invest in bitcoin buy now? It's annoying as **** that you have an idea that bitcoin might be big, and now you have to pick what ****ing bitcoin. Mark my words, ETH gets inflation under control and everyone will wonder how BTC made it so long.

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11-10-2017 , 09:13 PM

#22646

Zenzor

Pooh-Bah

Join Date: Dec 2007 Posts: 5,420

Quote:

Originally Posted by onemoretimes

Right, the coin that just lost 0.6% of its circulating supply due to its second major hack in 6 months, and scales worse than Bitcoin ('member the $10,000 tx fee to get first in line for Bancor ICO?)

BCH will capture gray-area marketspace due to brand recognition and scalability. Gambling sites are losing BTC customer deposits in the $10-$100 range due to fees, and the promised second layer solutions are years away.

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11-10-2017 , 10:56 PM

#22647

aggo

Carpal \'Tunnel

Join Date: Feb 2008 Posts: 10,422

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11-10-2017 , 11:31 PM

#22648

Mat Cauthon

adept

Join Date: Mar 2006 Posts: 1,147

Please stop paying BCH any mind. It's an utter crap coin, and will trend towards zero before too long. The price looks high and relevant now, but it's just altcoin hype and manipulation. Also, some huge stacks of BCH will become available in the coming months, putting lots of sell pressure on the coin, with no new buying pressure. Anybody that wanted to buy could have done so since right after the fork.

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11-11-2017 , 03:24 AM

#22649

TheGodson

veteran

Join Date: Mar 2013 Posts: 3,145

I'd like to note that Bitcoin Unlimited has gone up in price similarly to BCH. I think some Bitcoin investors were really wanting a block increase. They don't like the 1MB limit. They thought they'd get it with B2X, but since they suspended it those people are like. **** it I'm getting BCH. Bitcoin Unlimited has an unlimited blocksize correct? I haven't done any research on Bitcoin Unlimited before.

I'm really bummed about BCH doing well. I don't like the idea of it possibly passing BTC and getting the name "bitcoin" for itself.