The Bitcoin Thread

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Coinmarketcap at $10479 looks like $11000 is happening sooner. Market cap is up to 321 billion for crypto s so its new money. Other minable coins up so good news for miners
 
Looks like Luno might go down today again as I expect even more traffic than the other day with the price at $10500. I'm already getting lots of lag with orders not canceling and also taking a while to be placed. People aren't even awake/online yet. Most of the time I have to refresh the screen to be able to update my orders and place new ones.
 
SaiyanZ said:
Looks like Luno might go down today again as I expect even more traffic than the other day with the price at $10500. I'm already getting lots of lag with orders not canceling and also taking a while to be placed. People aren't even awake/online yet. Most of the time I have to refresh the screen to be able to update my orders and place new ones.
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Almost like takealot is hosting the site for them lol
 
Now thoroughly pissed at Luno - they keep telling me that my bank account is not in my name and cannot withdraw. Utter bull.
 
Grimspoon said:
The account in your name, surely it is? Hence why you are so grilled about it.
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Yes, if it wasn't I wouldn't be complaining, on top of that, this is not the first time doing a withdrawal, so why the **** are they giving me **** now.
 
is it possible to send btc from a zar based luno account to a usd based one? would that be a good way of buying dollars?
 
davidc75 said:
is it possible to send btc from a zar based luno account to a usd based one? would that be a good way of buying dollars?
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Bitcoin doesn't care about boundaries, you can send it wherever you want. Most international exchanges only allow you to sell btc for USDT, which is just another crypto that's got a 1:1 price fixed to the dollar. Those exchanges that do allow you to sell for USD would likely need the same kind of bank details luno requires so you can cash it out.

If you have USD lying in a foreign exchange... What then? How are you going to use it?
 
I see the bch party is in full swing on poloniex, trying to pump it again:rolleyes:
 
saor said:
Bitcoin doesn't care about boundaries, you can send it wherever you want. Most international exchanges only allow you to sell btc for USDT, which is just another crypto that's got a 1:1 price fixed to the dollar. Those exchanges that do allow you to sell for USD would likely need the same kind of bank details luno requires so you can cash it out.

If you have USD lying in a foreign exchange... What then? How are you going to use it?
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true. just wondering how it would work.
 
Just a quick question, when buying BTC on Luno, is it better to just buy straight up with ZAR or rathe through the exchange?

With the exchange, if I understand it correctly, I put how much BTC I want and how much I’m will to spend and wait for the offer to be accepted?

With the current rate the coin is going up and down, surely it makes more sense just to buy immediately than wait for someone to accept or have I got this wrong?
 
weelzSA said:
Just a quick question, when buying BTC on Luno, is it better to just buy straight up with ZAR or rathe through the exchange?

With the exchange, if I understand it correctly, I put how much BTC I want and how much I’m will to spend and wait for the offer to be accepted?

With the current rate the coin is going up and down, surely it makes more sense just to buy immediately than wait for someone to accept or have I got this wrong?
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Transfer ZAR to Luno. Then buy BTC on the exchange with your ZAR. The amount of BTC you can buy will be dependant on the current selling price at that time.
 
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