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Topic: Anybody use bitcoin?
Replies: 8   Last Post: Feb 22, 2018 5:23 PM by: juristiger
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Replies: 8  

Anybody use bitcoin?


Posted: Feb 22, 2018 2:04 PM
 

If so what wallet and how do you like it? I am thinking about getting one to deposit into bovada but it seems difficult.


Re: Anybody use bitcoin?

[1]
Posted: Feb 22, 2018 2:07 PM
 

It's not difficult at all. Download coinbase and make an account. It's not the best exchange unfortunately but it is the best option. Also be weary, you will have to file taxes on every bitcoin exchange unless you want to play with fire aka mess with the IRS


Re: Anybody use bitcoin?


Posted: Feb 22, 2018 2:13 PM
 

Only for my Newspring tithe.

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Re: Anybody use bitcoin?


Posted: Feb 22, 2018 2:14 PM
 

Nope, but I know a Guy who bought 100k worth of bitcoin when it was trading @ $1.30 per share. He sold at 17k per share. If I remember correctly that's right at 1.3 billion dollars. Murica!

I do plan on buying XRP (Ripple) but going to wait for it to fall a bit more

For relaxing times, make it Suntory time


I tried to use it in the vending machine at work ...

[2]
Posted: Feb 22, 2018 2:29 PM
 

machine just ate it.

2019 white level member

Re: Anybody use bitcoin?


Posted: Feb 22, 2018 2:41 PM
 

One wallet that I use is Exodus. It is stored on your PC and have more control over it than Coinbase. Also allows you the ability to backup your wallet and is a more safe option for long term storage. I typically Coinbase to Exodus unless I am sending the money to somewhere specific but I do not leave the funds on Coinbase for any extended amount of time.


<<<<<<<<<<This way to Teh Lunge***

[1]
Posted: Feb 22, 2018 2:55 PM
 



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Re: Anybody use bitcoin?


Posted: Feb 22, 2018 3:08 PM
 

I use a trezor wallet for storage and bought from Coinbase unfortunately (they have higher fees, but are easy to use).


Re: Anybody use bitcoin?


Posted: Feb 22, 2018 5:23 PM
 

I used Coinbase a while back to buy something from a retailer that only accepted bitcoin. Had like $20 left in there and I honestly forgot about it. Checked on it when I saw Bitcoin articles every day and bought my wife a blinged out Tag Huer with the proceeds this Christmas. Don't think I'll dive back in though - too volatile for me. I just got lucky.

Coinbase is fairly easy and very secure.


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