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Bitcoin

There was a 'fork' a while ago. Some of the bitcoin developers made their own bitcoin they named 'Bitcoin Cash'. They promised faster transactions and lower fees. However it looks like their solution to the fees/speed problem is a short term stop gap, they have more control over their network and most of their servers are in china.

Now, this was fine, Bitcoin run along as normal and it's little brother Bitcoin Cash hung around, worth only a fraction of what Bitcoin was worth.

Fast forward to a couple of days ago and the US' biggest coin exchange, Coinbase, added Bitcoin Cash to their offering. The price of Bitcoin Cash Shot up and Bitcoin lost about 30%. There was no announcement BCash would be added to their exchange and lots of accusations against Coinbase about insider trading and price manipulation.

Since then the Bitcoin price has bounced back a bit, but is still far from it's all time high, but I can see how all of this has shaken a bit of confidence in bitcoin.
 
I didn't know that we had any traders here.

I usually try to trade on the index markets
 
So I have decided to put a grand into Ether and also Ripple.

Is the best place to do this on coinbase?

Still unsure on the whole keeping it secure and offline, I have gone on some rather dodgy websites and it is more then possible that my laptop is infected with more things then my rooster haha.

No seriously I am going to put down 2 grand one on ether and one on Ripple, so give me some good solid advice ladies because tomorrow I will do some research on the security then I take the plunge.
 
Danishfurniturelover said:
So I have decided to put a grand into Ether and also Ripple.

Is the best place to do this on coinbase?

Still unsure on the whole keeping it secure and offline, I have gone on some rather dodgy websites and it is more then possible that my laptop is infected with more things then my rooster haha.

No seriously I am going to put down 2 grand one on ether and one on Ripple, so give me some good solid advice ladies because tomorrow I will do some research on the security then I take the plunge.
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I use Coinbase for Ethereum and have my Ripples stored at the Poloniex exchange. Looking for a wallet for my Ripple now that they're actually starting to be worth something though, as it's safer than keeping your crypto floating around on exchanges. Don't know which wallet to use yet.
 
I have a ledger nano s, which I like. That or a trezor may be the safest offline wallet you can buy.
 
Danishfurniturelover said:
So I have decided to put a grand into Ether and also Ripple.

Is the best place to do this on coinbase?

Still unsure on the whole keeping it secure and offline, I have gone on some rather dodgy websites and it is more then possible that my laptop is infected with more things then my rooster haha.

No seriously I am going to put down 2 grand one on ether and one on Ripple, so give me some good solid advice ladies because tomorrow I will do some research on the security then I take the plunge.
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I'm having a bit of trouble buying ripple myself. I opened an account on gatehub but after weeks they have not approved the XRP gateway (nor responded to emails about it).

I'm trying the Poloniex exchange now.
 
Bullet said:
You lot are just making up stupid names now.

I'm going to invest in wibble on the ethereal exchange. I just need a wizard wallet to slip into my snatch and I can grout my Zanzibar
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Rookie mistake to grout your zanzibar especially for wibble. It's just too volatile.
 
Bullet said:
You lot are just making up stupid names now.

I'm going to invest in wibble on the ethereal exchange. I just need a wizard wallet to slip into my snatch and I can grout my Zanzibar
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Do you reckon @Danishfurniturelover will fall for my CSTD exchange or is it too obvious, BRDS wallet, PDDNG encryption, RHBB blockchain?

Although being mined won’t be new to him ;-)
 
I'm going in. Signed up to Coinbase and going to get me some ethereum. Just small bits that I'm willing to lose here and there.
 
AuroRaman said:
I'm going in. Signed up to Coinbase and going to get me some ethereum. Just small bits that I'm willing to lose here and there.
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I am with coinbase as well.

Not sure how you get your deposits into an offline wallet though.

I got Ethereum and some bitcoins, thought I brought some ripple but the meds I have had the last few days have made me a little sleepy and I brought bitcoin. Key is not to do money transactions when your not feeling sharp mentally haha.

So now got to find a place that will accept my bitcoins in return for some ripple and then find a way of keeping it all offline and just logging into to check it is secure every few months.

Think I would open a separate account to trade with as it seems fun. The money in ethereum has already made back a quarter in a few days, so I would look to do what I do with my sportsbook and secure back the initial investment and then trade with any profits.

So anyone got any advice on buying ripple with your bitcoins on coinbase?
 
Danishfurniturelover said:
I am with coinbase as well.

Not sure how you get your deposits into an offline wallet though.

I got Ethereum and some bitcoins, thought I brought some ripple but the meds I have had the last few days have made me a little sleepy and I brought bitcoin. Key is not to do money transactions when your not feeling sharp mentally haha.

So now got to find a place that will accept my bitcoins in return for some ripple and then find a way of keeping it all offline and just logging into to check it is secure every few months.

Think I would open a separate account to trade with as it seems fun. The money in ethereum has already made back a quarter in a few days, so I would look to do what I do with my sportsbook and secure back the initial investment and then trade with any profits.

So anyone got any advice on buying ripple with your bitcoins on coinbase?
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I'm trying to get some ripple myself. You can't buy ripple on coinbase unfortunately. You'll have to transfer some of your ether or bitcoin to another exchange that trades ripple for ether and/or bitcoin. Here's a few listed .....
https://www.coingecko.com/en/coins/ripple/trading_exchanges

Edit: Some exchanges will accept € or $ deposits.
 
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When it works Kraken is a good safe place to buy XRP, you can send cash into the account as well or just buy some litecoins from coinbase and send them over. You can withdraw to your bank account with a Sepa transfer. Issues is its creaking over the amount of new users at the moment.
 
Still not got on any ripple yet, having so much trouble on the different exchanges, it seems these exchanges are having trouble processing all the requests.
 
Danishfurniturelover said:
Still not got on any ripple yet, having so much trouble on the different exchanges, it seems these exchanges are having trouble processing all the requests.
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Hold off sea of red at the moment, everything crypto is down, this happens fairly regularly 30% correction before going up higher than before so not too worried but the delay has saved you a fair bit.

Still worthwhile getting your currency in a wallet on coinbase or kraken ready to go once you think its bottomed out but if you time it right you will be winning already.
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