Buying Bitcoins

[ThingyMajiggy]

I got some Lite on Coinbase...now find out I can't sell in Australia,,They told me to try Coinjar so send of an E mail and waiting for a reply,,wondering how a company in Australia is allowed to sell but not buy???

You'll probably have to convert it back to BTC then to AUD.

 

[Glen48]

More info please,,Coinjar do not deal with Coinbase,,and waiting for some info from GDAX,,

 

[ThingyMajiggy]

More info please,,Coinjar do not deal with Coinbase,,and waiting for some info from GDAX,,

You have a Coinjar Bitcoin address yes? Go over to shapeshift.io, swap it for bitcoin, so you send your lite to the shapeshift address it'll give you, then the btc address where you want to receive the btc.

...or just use coinspot as they deal in lots of coins and AUD based. But probably easier to do it the way I showed above rather than going through all the verification process etc.

 

[Glen48]

Not easy trying to sort out address???

 

[ThingyMajiggy]

Which gives you this:



Then you go here:



And put the address in here along with your Litecoin address from Coinbase(in case the transaction fails, it gives it back):



Then send your Litecoin to this address that it gives you, and it will convert it and give you whatever you're swapping to in whatever account/address you nominated in beginning:



Got it now?

 

[DB008]

Ethereum is crashing hard right now.

Alot of people are saying that Bitcoin will hardfork on 1st August, so wait until then if you are going to trade/buy/sell.

Bitcoin with Segway.

 

[DB008]

Glen, l use BTC Markets. Very easy.

 

[DB008]

Interesting...

​

 

[Glen48]

Glen, l use BTC Markets. Very easy.

Not if they tell you your phone number and email address are wrong..

 

[DB008]

Bitcoin SegWit coming 1st August. Hard/Soft Bitcoin fork.

Could be an opportunity to buy on a dip.

https://www.cryptocoinsnews.com/how-investors-can-avoid-an-impending-bitcoin-blood-bath/​

SegWit explained​

Segregated Witness, often abbreviated to SegWit, is a proposed update to the Bitcoin software, designed to fix a range of serious issues.​

SegWit increases the Bitcoin’s block size limit and allows the implementation of the second-layer solutions for further improvement.

https://cointelegraph.com/explained/segwit-explained​

 

[Glen48]

Turns out Coinbase is up there with Madoff and under investigation,,BTCMarkets seem good at this stage but not try to withdraw any funds...

 

[DB008]

ANZ and Westpac just successfully used blockchain on commercial property deals


https://www.businessinsider.com.au/anz-and-westpac-just-successfully-used-blockchain-on-commercial-property-deals-2017-7​

 

[DB008]

Bitcoin over $4100 AUD

The fork happened, Bitcoin (BTC) and Bitcoin Cash (BCC). BCC is dead in the water now. I think there is another fork coming in the coming months. Interesting times we live in.

Some people are predicting BTC to hit $50,000 in a few years time.

 

[DB008]

Putin's Aide Seeks $100 Million to Rival China in Bitcoin Mining
​

A company co-owned by one of President Vladimir Putin’s internet advisers plans to raise the cryptocurrency equivalent of as much as $100 million in a push to help Russian entrepreneurs challenge China in bitcoin mining.

Russian Miner Coin is holding a so-called initial coin offering, where investors will use units of ethereum or bitcoin to buy new RMC tokens. These new tokens will have rights to 18 percent of the revenue earned with the company’s mining equipment, according to a presentation posted on its website.

RMC plans to use semiconductor chips designed in Russia for use in satellites to minimize power consumption in computers for crypto-mining, Putin’s internet ombudsman, Dmitry Marinichev, said at at a news conference in Moscow.

https://www.bloomberg.com/news/articles/2017-08-08/putin-s-aide-seeks-100-million-to-rival-china-in-bitcoin-mining​

 

[mcgrath111]

I have a bitcoin or two, but I think I'll cash out for the time being.

It seems like one big speccy bubble.

It could very well go to $50k, it seems to be driven by mania.

 

[overhang]

DB008 have you looked into antshares?

 

[Stoked]

any feedback on the Aug 1 bitcoin news?

 

[Glen48]

https://www.cryptocoinsnews.com/heres-how-the-bitcoin-price-reaches-100000-by-2021/ so why buy a house spend 40 and retire in 4 yrs..???

 

[rb250660]

Crash.....

 

[DB008]

DB008 have you looked into antshares?

Yes. I do own. They went from Antshares to Neo, ~$5 up to $70, now trading around $22.

Part of the whole China FUD at the moment. All cryptocurrency's are getting smashed ATM. Hard. I think there are some very nice opportunities coming up shortly.

China Moves Towards Tougher Bitcoin Regulation,
But Not to Outright Ban: Jihan Wu
​

The government of China is advancing its campaign against the digital currency sector as of mid-September 2017.

The government started its move by announcing a ban on all initial coin offerings (ICO) in early September.

There are also rumors about the possible shutdown of all local Bitcoin exchange platforms in the country.

https://cointelegraph.com/news/chin...n-regulation-but-not-to-outright-ban-jihan-wu​