I was fine with the fee just to get started but when the BTC was deposited I was shocked to see the final amount was equivalent to $236 CAD. I feel cheated that there were hidden fees they didn’t tell me about. I thought the idea behind crypto was to cut out the middleman but it seems worse than banks from what I’ve seen. Recently we have got the quarterly report by Tether, which was also made by an independent auditor, giving it more reliability as Tether itself is not exactly that well trusted.
Since then this has become a day called Bitcoin Pizza day celebrated amongst crypto community. By today’s Bitcoin prices he paid about 135 million USD for each pizza. So hopefully it was a pretty great pizza for How to buy bitcoin reddit Laszlo that he doesn’t regret buying. Right now it’s May 22nd, at least on my timezone, which means 13 years ago Laszlo Hanyecz, a BTCtalk forum user decided he wanted to trade Bitcoin for some real life good.
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After searching everywhere to see how people were buying bitcoin and which were the best exchanges I stumbled across a video on Youtube about using Gemini and AWS to lower the fees to 0,1%. I’m currently using Wealthsimple because it’s what I know. But I’m not actually holding coins, they’re bought like stocks and the fees and spread is awful and I don’t make or lose money no matter what happens. Which company will allow me to use my crypto the fastest after a debit or credit card transaction that goes through on my end instantly.
I follow so called crypto experts that recommend their platform of choice and they don’t pass the test either. I can’t for the life of me figure out which platform to use to buy / trade crypto. And no those are not just some funny animal descriptions, but actually how many analysis refer to those groups. Shrimps are said to be the group holding 0.1 BTC to 1 BTC, anything under that is unofficially referred to as the planktons, though many just say holding any amount under 1 BTC makes you a Shrimp.
The oldest known #Bitcoin price chart, taken at $0.03 cents, exactly 13 years ago 1,000 $BTC cost $30 🤯
In just one quarter they had reported $1,5B in profits, making them most profitably per-employee company worldwide. That tally was also not too far off from some of the biggest banks profits, with tens of thousands of more employees. I often forget what crypto can do because I’m not exactly transferring millions in crypto on a regular basis, but this is crazy, it would cost me 4x that amount to wire $50 from my bank account. This is what crypto is all about and anyone who can look at this and say crypto has no utility is blind. There’s nothing I dislike more than giving my bank information to these guys only for them to essentially say fuck you I still don’t trust you. I am a first-time crypto investor looking to purchase BTC and ETH primarily, but I am overwhelmed by the number of different apps/platforms I can use to start buying crypto.
- As some of you might have seen, a dormant address containing 1000 BTC was recently activated after 12 years of inactivity.
- This is what crypto is all about and anyone who can look at this and say crypto has no utility is blind.
- In just one quarter they had reported $1,5B in profits, making them most profitably per-employee company worldwide.
My biggest concern is that I’d buy it and then I’m unable to transfer it out or sell it because the exchanges are panicking. Let me know what the best way to go about this would be, or any alternative methods to ensure I can keep access to my keys. If you are already using Gemini active https://topbitcoinnews.org/ trader or Coinbase pro the fee difference is not a lot, but at least for me is worthwile in the long run. For reference I make weekly purchaces of 20€, and I pay 0,02€ in fees. I am fully aware that CEX is for dummies, especially now that a different one seems to implode each week.
Is there a web browser extension or app to pay for services like Carvana, McDonald’s , Amazon, etc in BTC ?
So even if you factor in the inflation of the token since all time high, the project is bleeding money. Hi everyone, let’s start with this, i have around 15.000$, how much bitcoin should i buy, would be better if i’ll buy half of amount first? I’m not new but i hesitating about it’s diversification, please suggest me something. I finally decided to buy BTC this week and put $300 CAD into a Bitcoin Depot ATM to break the ice and finally put stake in crypto. The ATM said there was a $3 service fee plus 5-9% (I can’t remember the exact amount).
- I often forget what crypto can do because I’m not exactly transferring millions in crypto on a regular basis, but this is crazy, it would cost me 4x that amount to wire $50 from my bank account.
- So even if you factor in the inflation of the token since all time high, the project is bleeding money.
- I think the price will go back up eventually, and I want to buy some while it’s falling.
- After searching everywhere to see how people were buying bitcoin and which were the best exchanges I stumbled across a video on Youtube about using Gemini and AWS to lower the fees to 0,1%.
- Shrimps are said to be the group holding 0.1 BTC to 1 BTC, anything under that is unofficially referred to as the planktons, though many just say holding any amount under 1 BTC makes you a Shrimp.
As pretty much most of you know he made a deal with another user that he would order him 2 pizzas in exchange for 10,000 BTC and the rest is history. So basically the FED has made it possible and financed for Tether to buy more Bitcoin. Over the last months I have been buying both BTC/ ETH on payday.
What hardware wallet do you recommend to keep my Bitcoin for the long term?
I know I am late to the early adopters club however, I am interested in holding some insurance against financial collapse. In the end, I would like to hold bitcoin in a cold storage wallet, but everything I’ve seen seems to suggest that the only way to get there is to buy via a CEX then transfer it out of the exchange. I just wanted to share because this is something that might be worth to look in to, if you want to pay the least amount of money in fees. It is only lower to our massive accumulations this bear market while we were sub $20k.
On this day 13 years ago, a trade was done when forum user paid 10,000 BTC for 2 pizzas. Happy Bitcoin Pizza day.
Coinbase/Kraken/Gemini/Crypto.com/Binance/etc, I don’t know the difference and the flood of options is causing choice paralysis. While Bitcoin is up 8.8% in 90 days, Algorand is down 42.5%. Only Filecoin has performed worse over a 90 day period, but Filecoin is a terrible project with almost 100% inflation every year and it was marked as a security by the SEC. I need access to my crypto when i buy it not ten days later not even two days later. If anyone knows a pain-free way to buy 1.5 bitcoins please let me know, the amount of headache that this has caused is just not worth it.
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I have all my crypto on my Binance account right now and I understand that I’ll have to pay a fee to transfer each crypto into the wallet (which I’m okay with for this time). Just want to know if there is a cheaper way to do this in the future because I mostly DCA every month and to pay a txn fee every month on top of buying the crypto is kinda expensive I guess. I have a simple question regarding how to purchase crypto with as low as possible fees? Before acquiring my ledger I’ve bought on coinbase, then once I received my ledger I transferred my portfolio onto my ledger. Hi, so I’ve been buying bitcoin for a couple of months now and I think I found the cheapest way to buy bitcoin, at least for now.
