Author Topic: Cryptocurrency Master Thread  (Read 47604 times)

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Offline DaBigTrain

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Re: Cryptocurrency Master Thread
« Reply #1675 on: January 06, 2020, 12:31:26 PM »
Hey guyz, ben ji here. Remember when I made fun of everyone for crypto? Sorry about that, now i'm hoping you super stud crypto guyz can help me out.

I have a couple of hundred dollars in my bovada account and the only free way to withdraw it is with bitcoin($100 fee for check or wire transfer).

Can someone ELI5 how to setup a wallet and how I would then transfer the money to an actual bank account after its in the wallet? I might just leave it in bitcoin and YOLO with you cool buds but want to cover all my bases.

Do you have CashApp?
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

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Offline ben ji

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Re: Cryptocurrency Master Thread
« Reply #1676 on: January 06, 2020, 12:50:27 PM »
Hey guyz, ben ji here. Remember when I made fun of everyone for crypto? Sorry about that, now i'm hoping you super stud crypto guyz can help me out.

I have a couple of hundred dollars in my bovada account and the only free way to withdraw it is with bitcoin($100 fee for check or wire transfer).

Can someone ELI5 how to setup a wallet and how I would then transfer the money to an actual bank account after its in the wallet? I might just leave it in bitcoin and YOLO with you cool buds but want to cover all my bases.

Do you have CashApp?

No

Offline DaBigTrain

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Re: Cryptocurrency Master Thread
« Reply #1677 on: January 06, 2020, 12:54:42 PM »
Hey guyz, ben ji here. Remember when I made fun of everyone for crypto? Sorry about that, now i'm hoping you super stud crypto guyz can help me out.

I have a couple of hundred dollars in my bovada account and the only free way to withdraw it is with bitcoin($100 fee for check or wire transfer).

Can someone ELI5 how to setup a wallet and how I would then transfer the money to an actual bank account after its in the wallet? I might just leave it in bitcoin and YOLO with you cool buds but want to cover all my bases.

Do you have CashApp?

No

Ok well based on your specific scenario this will make it the easiest.  Assuming you want to cash it out.  If you want to keep it in Bitcoin we can go another route.
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

Offline ben ji

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Re: Cryptocurrency Master Thread
« Reply #1678 on: January 06, 2020, 01:59:08 PM »
Hey guyz, ben ji here. Remember when I made fun of everyone for crypto? Sorry about that, now i'm hoping you super stud crypto guyz can help me out.

I have a couple of hundred dollars in my bovada account and the only free way to withdraw it is with bitcoin($100 fee for check or wire transfer).

Can someone ELI5 how to setup a wallet and how I would then transfer the money to an actual bank account after its in the wallet? I might just leave it in bitcoin and YOLO with you cool buds but want to cover all my bases.

Do you have CashApp?

No

Ok well based on your specific scenario this will make it the easiest.  Assuming you want to cash it out.  If you want to keep it in Bitcoin we can go another route.

I have venmo if that works

Offline DaBigTrain

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Re: Cryptocurrency Master Thread
« Reply #1679 on: January 06, 2020, 03:41:11 PM »
Hey guyz, ben ji here. Remember when I made fun of everyone for crypto? Sorry about that, now i'm hoping you super stud crypto guyz can help me out.

I have a couple of hundred dollars in my bovada account and the only free way to withdraw it is with bitcoin($100 fee for check or wire transfer).

Can someone ELI5 how to setup a wallet and how I would then transfer the money to an actual bank account after its in the wallet? I might just leave it in bitcoin and YOLO with you cool buds but want to cover all my bases.

Do you have CashApp?

No

Ok well based on your specific scenario this will make it the easiest.  Assuming you want to cash it out.  If you want to keep it in Bitcoin we can go another route.

I have venmo if that works

No that doesn’t work. Cash App allows you to buy/sell bitcoin, Venmo doesn’t. So you either need to download it or sign up on an exchange.
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

Online Spracne

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Re: Cryptocurrency Master Thread
« Reply #1680 on: January 07, 2020, 01:47:51 PM »
So, my BTC is up 13% since whenever I bought it in December. When is this halving event and when should I sell?

Offline DaBigTrain

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Re: Cryptocurrency Master Thread
« Reply #1681 on: January 07, 2020, 01:53:02 PM »
So, my BTC is up 13% since whenever I bought it in December. When is this halving event and when should I sell?

Right now it will happen in the middle of May. Could vary depending on how much hash rate is added between now and then.


https://bitcoinblockhalf.com

As far as selling BTC hit a new all time high about a year and half after each of the previous two halvings.  The S2F model says it will reach 100k sometime between now and Dec 2021.
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

Offline ben ji

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Re: Cryptocurrency Master Thread
« Reply #1682 on: January 13, 2020, 11:22:35 PM »
bet it all on LSU

Then I will have twice as much money to withdraw and be in the same predicament! (Will prob bet something on LSU)

I only bet my standard $20 bet, should of listened to SD and YOLO'd. :(

Offline DaBigTrain

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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

Offline Chingon

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Re: Cryptocurrency Master Thread
« Reply #1684 on: Today at 02:14:30 PM »

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Re: Cryptocurrency Master Thread
« Reply #1685 on: Today at 02:15:03 PM »
eff you, TBT

Offline DaBigTrain

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Re: Cryptocurrency Master Thread
« Reply #1686 on: Today at 02:34:13 PM »
:confused:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f