Question, is buying bitcoin cash when the price gone down and trading it for bitcoin or usd when the value goes up a good idea? i already brought bitcoin cash for trading
does it work like the stock market, when buying anything you obviously have to buy when the value is down but do i have to wait for the value to go up on bitcoin cash, and bitcoin to trade the bch to bitcoin, i already brought 45 usd worth of bitcoin, what is the best thing to do with it? Edit i mean't that i brought 45 usd worth of bitcoin cash
There are lots of Bitcoiners who DCA- aka Satstackers. If one Satstacker ever needs to sell their BTC for USD, then the other Satstackers step up and buy from the BTC seller at the current fiat market rate. This isn't a ponzi. It's a decentralized insurance/call option with no expiration.
It is very rare for all Satstackers to sell Sats at the same time. Most stack and HODL. The reason Bitcoiners DCA into Bitcoin is because they believe in Bitcoin and the rules it follows. Bitcoin Satstackers represent a continuous flow of Fiat into Bitcoin. Bitcoin Satstackers are a core pillar of the Bitcoin community.
[ Bitcoin ] 544 BTC were traded in Venezuela using LocalBitcoin (up from 394 BTC) last week, buying BTC with FIAT and selling BTC for FIAT. 544 BTC are 1,019,046,000,000 Bs. (Bolivares). One BTC is around 2,100,000,000 Bs. Monthly minimum wage is less than 5 USD (50,000 satoshis)
When buying bitcoins with USD (example an ATM) do you use the address that’s made on electrum Or do you make a separate address then transfer it to to electrum on TAILS
Title says it all. I’m a bit confused with all this dark net buying stuff because I would like to buy coins. Should I make a separate address when buying the coins then transfer it to an address made on Tails, or should I use the address from Tails directly. Also I don’t understand the concept of adding funds from my wallet to a market account. Thanks if someone can explain this easier.
A generational divide: Boomers are buying more gold while younger generations are opting for bitcoin as a global search for "alternative" currency is underway (amidst fears of prolonged USD weakness) (x-post from /r/cryptocurrency)
08-31 07:55 - 'Argentinean here. / There are regulations on the purchase of USD. One individual con only buy 200usd per month, at a price of 70 pesos for 1usd aprox. This resulted in a black market with a high margin between prices; if yo...' by /u/monkjuice removed from /r/Bitcoin within 530-540min
''' Argentinean here. There are regulations on the purchase of USD. One individual con only buy 200usd per month, at a price of 70 pesos for 1usd aprox. This resulted in a black market with a high margin between prices; if you want to buy USD OTC you have to pay around 120 pesos per usd. This means that you can sell 1 bitcoin for around *1.6m ars*. Against the "real" price of the usd which would be around 858k pesos. Bitcoin is much easier and secure to make transactions from inside or outside the country; and sometimes people even pay (bitstamp's price + a fixed fee (1-10%)) * 120 pesos ''' Context Link Go1dfish undelete link unreddit undelete link Author: monkjuice
08-31 07:36 - 'Very happy for you. Argentina is a great place to go on vacation, not so to live in. Actually intelligent people don't save in Pesos, we buy USD every time we can. Today we are legally limited to buy $200 usd per month at t...' by /u/redseven- removed from /r/Bitcoin within 457-467min
''' Very happy for you. Argentina is a great place to go on vacation, not so to live in. Actually intelligent people don't save in Pesos, we buy USD every time we can. Today we are legally limited to buy $200 usd per month at the "official" price of 73 Pesos per usd, but you can buy more "illegally" at 130 Pesos. If you plan to come over again, I suggest not paying with usd incash, instead you can sell your dollars at a higher price and paying in pesos. ''' Context Link Go1dfish undelete link unreddit undelete link Author: redseven-
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