Buying bitcoins

thunderdog

Anyone get approval (level 2 and 3) for kraken recently? Mine has been processing for 7 weeks now.

In order to buy zcash I have to deposit fiat into my old bitstamp account, buy bitcoins there, transfer to kraken and buy zcash there with my btc. Pain in the bum!

Any other good exchanges where I can reasonably quickly get verified to deposit fiat directly to buy zcash?

seraphimvc

For altcoins just use bitrexx to save the headaches, you will have to get btc somewhere so you cant avoid that.

It is always good to get several exchanges verified just in case you need them, other than the must have kraken and bittrex, the backup exchanges i can recommend are:

Bitcoin.de - german bunch running it, relatively reliable and safe, nice low fees due to SEPA
coinfloor - UK based (pols running) exchange, relatively lower volume trades (main £, 2nd euro), you will get verified quickly and wont have downtime login failure problem, the only thing is that you have to deposit minimum 1000euro, nice low deposit/withdrawal fees as well; there is an express buy function as well but you pay abit more

other sites like bitstamp, btc-e are fine too; localbitcoin for the desperate time measure (no ID needed, but you pay a premium, various kind of payment methods (even post money))

lawred2

KilOit wrote: »

The ans wallet is looking to install a root cert. Ok to proceed?

https://www.reddit.com/r/Antshares/comments/6i7t02/antshares_client_trying_to_install_root/

Did you agree to installing the cert?

Dohnjoe

lawred2 wrote: »

https://www.reddit.com/r/Antshares/comments/6i7t02/antshares_client_trying_to_install_root/

Did you agree to installing the cert?

Was also a bug reported, here is a reply second-hand from one of the Devs

Because of unfortunate incidences where people lost funds, pay attention to the following:
If you have multiple addresses in your wallet DB (e.g. because you created a new DB, which automatically created a new address + you imported an address from a WIF backup) funds you send out to an external address will be withdrawn from your asset pool spanning all addresses in the wallet. Similarly, because of internal mechanisms required to enable this, funds will be automatically shared among your addresses. Be also aware that sometimes the balance of the addresses is not updated immediately and might show 0 until restart or rebuilding the index.
An official explanation can be found on this Github repository: https://github.com/saltyskip/Introduction-to-Neo/blob/bc1a5a42e3dcd25c9a70c04701b2bb32c5cd745d/en/Neo%20Wallet.md
As many people expressed confusion about this mechanism, the team is currently working on a more intuitive approach.
Take away:
If you have multiple addresses in your client DB and you send out funds to an external address, the balances of your individual addresses might change, yet the complete sum of assets will reflect your initial sum minus (-) what you have sent out. If you want to backup your addresses, either safely store the .db3 file (recommended) or backup the WIF keys of ALL your addresses.

This is why cryptos don't have more widespread appeal. Technical and risky as hell - the guy nearly lost 720 ANS in this movement

lawred2

Dohnjoe wrote: »

Was also a bug reported, here is a reply second-hand from one of the Devs



This is why cryptos don't have more widespread appeal. Technical and risky as hell - the guy nearly lost 720 ANS in this movement

not market ready comes to mind

cnocbui

thunderdog wrote: »

Anyone get approval (level 2 and 3) for kraken recently? Mine has been processing for 7 weeks now.

In order to buy zcash I have to deposit fiat into my old bitstamp account, buy bitcoins there, transfer to kraken and buy zcash there with my btc. Pain in the bum!

Any other good exchanges where I can reasonably quickly get verified to deposit fiat directly to buy zcash?

You can buy zcash with BTC with no sign up hassles at cryptopia.co.nz

cnocbui

Dohnjoe wrote: »

Was also a bug reported, here is a reply second-hand from one of the Devs



This is why cryptos don't have more widespread appeal. Technical and risky as hell - the guy nearly lost 720 ANS in this movement

No, very few people would be aware of such technical snafus. The issues are far more complex and varied. Attempting to Tar Bitcoin with an Ant brush is pretty silly.

DeVore

Just got Tier 3 on Kraken (its like getting to the end level boss in a video game ffs)... took me about 4 weeks and a lot of support tickets. Complete joke... Bitstamp took forever too and I'm still waiting for Coinbase. You would think they could employ more people with the amount of cash they are losing this way...

thunderdog

cnocbui wrote: »

You can buy zcash with BTC with no sign up hassles at cryptopia.co.nz

I'm looking to buy zcash direct with euro

Supercell

Anyone know anything about IDNI Agoras?
Its up about 200% today on Bittrex, seems to be on the back of this post here - https://bitcointalk.org/index.php?topic=950309.2140

Crazy stuff indeed.

Dohnjoe

cnocbui wrote: »

No, very few people would be aware of such technical snafus. The issues are far more complex and varied. Attempting to Tar Bitcoin with an Ant brush is pretty silly.

I'm referring to all cryptos. I consider myself fairly technically savvy - and I have trouble with some of the wallets I have to use. I am so paranoid I won't even put all my holdings on a nano S in case some firmware upgrade screws the tech. The higher my holdings increase - the more stress there is.

I've been doing this for four years and will personally shoot anyone who says this is "simple". And don't get me started on the risk.

I would gladly pay a third party to deal with all this crap and insure everything

cnocbui

thunderdog wrote: »

I'm looking to buy zcash direct with euro

In that case try kraken.

jester77

Dohnjoe wrote: »

I'm referring to all cryptos. I consider myself fairly technically savvy - and I have trouble with some of the wallets I have to use. I am so paranoid I won't even put all my holdings on a nano S in case some firmware upgrade screws the tech. The higher my holdings increase - the more stress there is.

You have the recovery phrase and if something were to happen to the ledger, you can still recover your private key.

Supercell

I'm sorry, I've wanted to do this .....

AGRS to the mooooooooooooooooooooooooon!!

Bought at €1.07 at 13:54
Now €1.38 at 15:48

Keep putting stop orders in, cancelling and raising..

nuac

Supercell wrote: »

I'm sorry, I've wanted to do this .....

AGRS to the mooooooooooooooooooooooooon!!

Bought at €1.07 at 13:54
Now €1.38 at 15:48

Keep putting stop orders in, cancelling and raising..

Good luck.

When you buy that yacht pls note that I have some navigating experience:)

machiavellianme

nuac wrote: »

Good luck.

When you buy that yacht pls note that I have some navigating experience

Me too - but if my cryptos are anythng to do by, I ultimately end up only going in one direction...

Down... always sinking but with the occasional thrill of a fast rise before reverting to down

Supercell

machiavellianme wrote: »

Me too - but if my cryptos are anythng to do by, I ultimately end up only going in one direction...

Down... always sinking but with the occasional thrill of a fast rise before reverting to down

Saved by my stop orders, now at 0.95 and falling, made a little, could have made more, better than standing still i suppose!

boobycharlton

good time

DeVore wrote: »

Just h pals pals it pals it is a bit of a a a a a a a a blonde babe with Tier 3 on Kraken (its like getting to the end level boss in a video game ffs)... took me about-face 4 weeks and a lot of support tickets. Complete joke... Bitstamaap took forever too and I'm still waiting for ttttttttttttttttttttttttttttt5ttttt you so much for your support for Coinbase. Your pals pals pals pals pals pals pals pals pals pals pals pals pals pals pals pals pals pals would think they're could employ more people with the amount of cash they are losing this way...

will

pro_gnostic_8

Dohnjoe wrote: »

I'm referring to all cryptos. I consider myself fairly technically savvy - and I have trouble with some of the wallets I have to use.

I've been doing this for four years and will personally shoot anyone who says this is "simple".

This. + + + + +
A coupe of friends have asked me about bitcoin. When I show them a brief skip-thru and come to the wallet storage stage, they go all glassy-eyed and give up.
It might seem straight-forward to us on here, but for the ordinary fella who's not too savvy with computers and tech, it is really very hard. It is the downside of crypto -- it is what we have to accept with "being your own bank". The ordinary guy has his savings in the bank which takes responsibiltiy for its safekeeping and security; with crypto that responsibility is ours alone and the ordinary guy has trouble dealing with this and the steps needed to implement such security --wallets, 2FA, passwords, tx's etc.
And that's before we get to the other lesser coins. Some of them, I even have difficulty managing ( yes, Siacoin, I'm looking at you).
Then there's the sheer diversity of wallets necessary for different coins; it can be a nightmare keeping track of all of them.

DeVore

boobycharlton wrote: »

good time
will

wtf?

PopePalpatine

DeVore wrote: »

wtf?

I'm thinking the same thing while watching the latest crypto crash this weekend.

machiavellianme

Now ETH is flying again. Was hoping it would drop more first.

lawred2

machiavellianme wrote: »

Now ETH is flying again. Was hoping it would drop more first.

Hardly flying

machiavellianme

lawred2 wrote: »

Hardly flying

Pretty steep rise at least. Haven't seen one like it since, er, Tuesday :pac:
Though it seems to have settled out a bit again

lawred2

machiavellianme wrote: »

Pretty steep rise at least. Haven't seen one like it since, er, Tuesday :pac:
Though it seems to have settled out a bit again

And heading off south again

nuac

I wonder is it all bona fide supply and demand, or are people yanking our chains - feeding a good news story, then feeding out some BTC to t he market? Then some scare story, causing the price to drop, so that they can buy in some BTC?

Rinse and repeat.

Perhaps I am getting cynical in my old age

gctest50

nuac wrote: »

I wonder is it all bona fide supply and demand, or are people yanking our chains - feeding a good news story, then feeding out some BTC to t he market? Then some scare story, causing the price to drop, so that they can buy in some BTC?

Rinse and repeat.

Perhaps I am getting cynical in my old age

It all started as a bit of craic between a couple of nVidia techs n kinda got loose ;p

makeorbrake

nuac wrote: »

I wonder is it all bona fide supply and demand, or are people yanking our chains - feeding a good news story, then feeding out some BTC to t he market? Then some scare story, causing the price to drop, so that they can buy in some BTC?
Rinse and repeat. Perhaps I am getting cynical in my old age

If yer playing the speculative shorting game, then yes. If you weigh up the currency and play the long game, who cares.

Raging_Ninja

What's a good bitcoin wallet? I've been recommended Coinbase, but I've seen a lot of negative reviews so am not sure.

Blacktie.

Raging_Ninja wrote: »

What's a good bitcoin wallet? I've been recommended Coinbase, but I've seen a lot of negative reviews so am not sure.

Coinbase isn't a wallet it's an exchange and you don't have control of your private keys. I use mycelium on my phone.

Grumpypants

Raging_Ninja wrote: »

What's a good bitcoin wallet? I've been recommended Coinbase, but I've seen a lot of negative reviews so am not sure.

A "wallet" isn't a good term for it, as it leans towards you actually storing the value in the wallet.

All your crypto currency stays on the block chain. All you store is a long code that lets you access it.

You can literally write that code on a piece of paper, put it in a box and store it in the attic. It is as safe there as it is on any wallet.

You have a few free options. You should be doing something to back it up in two locations at least.
Old fashioned pen and paper.
Take a photo and store it somewhere safe.
Copy it to a Word doc and encrypt it, and upload it to a secure cloud storage.

scamalert

so few months back these videos were surfacing about either soft or hard for going for btc and July being mentioned,not its come and i see nothing of such mention, is it safe to assume there wont be any split with btc in short term future ?

also for wallet think electrum is great,granted it only provides btc storage but if thats what your looking for its used by many and id consider it safe given hardly anyone will decrypt 12 words to get seed.

Blacktie.

scamalert wrote:

so few months back these videos were surfacing about either soft or hard for going for btc and July being mentioned,not its come and i see nothing of such mention, is it safe to assume there wont be any split with btc in short term future ?

August 1st is the date to look at.

Raging_Ninja

Yeah, sorry I did in fact mean an exchange rather than a wallet.

The Cuban

scamalert wrote: »

id consider it safe given hardly anyone will decrypt 12 words to get seed.

Provided you haven't stored the copy of those 12 words in your documents or desktop folders like many that have been hacked have

el diablo

Grumpypants wrote: »

A "wallet" isn't a good term for it, as it leans towards you actually storing the value in the wallet.

All your crypto currency stays on the block chain. All you store is a long code that lets you access it.

You can literally write that code on a piece of paper, put it in a box and store it in the attic. It is as safe there as it is on any wallet.

You have a few free options. You should be doing something to back it up in two locations at least.
Old fashioned pen and paper.
Take a photo and store it somewhere safe.
Copy it to a Word doc and encrypt it, and upload it to a secure cloud storage.

Here's a good option for a cold storage paper wallet.

www.bitaddress.org

https://www.youtube.com/watch?v=VTsHeiBhPIM

Grumpypants

Checked my AntShare/Antcoin wallet last night, and I've nearly generated half an Antcoin already. :pac:

Antcoins have also started trading properly (about a week ago) and as people get to grips with it, they have gone from around 3.5CNY ($0.50) to 11CNY ($1.60). https://www.19800.com/market/cny_anc

Hopefully since Antshares generate income by just sitting in the wallet it will lead to a less volatile trading market but one that still delivers a steady upward trend.

And if Antcoins become the trading commodity. Their value could jump as well giving a double bonus.

lawred2

Grumpypants wrote: »

Checked my AntShare/Antcoin wallet last night, and I've nearly generated half an Antcoin already. :pac:

Antcoins have also started trading properly (about a week ago) and as people get to grips with it, they have gone from around 3.5CNY ($0.50) to 11CNY ($1.60). https://www.19800.com/market/cny_anc

Hopefully since Antshares generate income by just sitting in the wallet it will lead to a less volatile trading market but one that still delivers a steady upward trend.

And if Antcoins become the trading commodity. Their value could jump as well giving a double bonus.

How many do you hold to have generated half a coin?

Grumpypants

lawred2 wrote: »

How many do you hold to have generated half a coin?

It comes down to time, any amount of shares will generate a coin if you wait long enough.

But you need about 1,000 Antshares to generate half a coin per day.

Lets say you buy 2,000 Antshares at today's price it costs just under $15K.

That will generate 1 Antcoin per day, or 365 for the year, which at today's price is worth $585

Which is just under 4% return. Much better than the usual 1% any bank account will give you, and that is if the price of Antcoins doesn't move. It is very likely it will keep going up.

KilOit

They don't generate at the same rate each year, after 3 years that 1 anc will only generate once every 3 days or so. Haven't got the exact formula at hand but Max anc is 100mill

cnocbui

Grumpypants wrote: »

It comes down to time, any amount of shares will generate a coin if you wait long enough.

But you need about 1,000 Antshares to generate half a coin per day.

Lets say you buy 2,000 Antshares at today's price it costs just under $15K.

That will generate 1 Antcoin per day, or 365 for the year, which at today's price is worth $585

Which is just under 4% return. Much better than the usual 1% any bank account will give you, and that is if the price of Antcoins doesn't move. It is very likely it will keep going up.

They should have called it the Pyramid coin.

nuac

cnocbui wrote: »

They should have called it the Pyramid coin.

Pls do not use the P word around here.

This time it is different, honest.:)

Grumpypants

cnocbui wrote: »

They should have called it the Pyramid coin.

What's the thinking? From what i can see it is the most stable and business backed of them all since ETH. So would like to hear any concerns.

BAAA RAM EWE

Another exchange "hacked", I'll let ye find out which one, panic!!!















Kidding, Bithumb.

fortune.com/2017/07/05/bitcoin-ethereum-bithumb-hack/

PrzemoF

nuac wrote: »

Pls do not use the P word around here.

This time it is different, honest.:)

Which one: pyramid or Ponzi? :rolleyes:

Dohnjoe

Vitalik lays down some smack

https://np.reddit.com/r/btc/comments/6ldssd/so_no_worries_ethereums_long_term_value_is_still/djt6opz/

pro_gnostic_8

Vitalik certainly knows his sh1t !

(What happens to Eth price if Vitalik inconceivably pops his clogs? It collapses?)

cnocbui

Grumpypants wrote: »

What's the thinking? From what i can see it is the most stable and business backed of them all since ETH. So would like to hear any concerns.

The bit where the S coin has it's own in-built ECB, printing more little S coins so you can have the appearance of a 4% return as if it was actually a real investment where productive work generated the increased value.

cnocbui

pro_gnostic_8 wrote: »

Vitalik certainly knows his sh1t !

(What happens to Eth price if Vitalik inconceivably pops his clogs? It collapses?)

The same as what happens when any of us pop ours - the world continues to spin at 1 revolution per day and there is not the slightest perturbation in it's 365 day orbit around the the sun. We're all just flies hitting a windshield.

nuac

PrzemoF wrote: »

Which one: pyramid or Ponzi? :rolleyes:

Both, possibly