The Bitcoin Thread

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weelzSA said:
So the red ZAR is what they estimate the price per BTC to be when wanting to sell and how much they have to sell?

If I put a ZAR value less than there’s, there is a chance no one will accept my offer?

Sorry just a little confused.
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If you place an order, that order will be open until it's filled. If you want a quick buy/sell, place an order as close to the average price as possible, but more/less enough to not pay a fee.

Always compare the price with fee, to the price without a fee and take the one where you net the most BTC.
 
Kloon said:
Has anyone on here traded directly, ie buy BTC from another member and then just deposit the money directly into their bank account? I know it has some risks, but if you know the member guess that would be better than having to pay fees to Luno?
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Carbonite, and it depends on how much $ you're actually saving.
 
bit of btc fun


Eddy Elfenbein‏Verified account @EddyElfenbein

I ran the calculations and found that if you had put $50,000 into bitcoin a year ago, today you'd be an annoying prick.
5:30 am - 27 Nov 2017
Replying to @EddyElfenbein
Still like my story of spending 5 hours on a Saturday afternoon in early 2011 trying to figure out how to buy $500 of BTC. The best I could tell is I needed a German bank account which couldn't be done that afternoon... I gave up. Big mistake.

and this
https://twitter.com/reluctant_fred/status/935455570219487233

perhaps somebody can get the whole cartoon on the site please
 
Waylander said:
If you place an order, that order will be open until it's filled. If you want a quick buy/sell, place an order as close to the average price as possible, but more/less enough to not pay a fee.

Always compare the price with fee, to the price without a fee and take the one where you net the most BTC.
Click to expand...

Thanks for this.

So I should find someone who is wanting to sell the amount I want to buy? Currently only have R35k I can use so works out to roughly 0.2BTC so I just look for that amount on the sell book?
 
iedergeval said:
I ran the calculations and found that if you had put $50,000 into bitcoin a year ago, today you'd be an annoying prick.
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**** these posts/articles are dumb. Hey, I could be a millionaire if only I picked these random 6 numbers last Saturday, or bought Apple shares a million years ago, or did basically anything with the amazing power of 20/20 hindsight :rolleyes:
 
Yesterday when this happened Luno said not to worry because "No existing, open trades were affected and they executed as expected. WTF if we were trying to change our buy/sell orders but couldn't!? This is costing me money.

I just put a buy order in but got an error a few seconds before the 502.
 
Honest question, all the people moaning about Luno, why aren't you moving to Ice3X? Even more problems than Luno? Or what about other exchanges?
 
weelzSA said:
Thanks for this.

So I should find someone who is wanting to sell the amount I want to buy? Currently only have R35k I can use so works out to roughly 0.2BTC so I just look for that amount on the sell book?
Click to expand...

The red ones are sell orders- People who have placed orders to sell xBTC at a certain prices. They are queued i supposed you could call it.
The green list is buy orders- People who have placed orders to buy xBTC at a certain price.

If you want to buy without fees you have place a BUY order below the lowest SELL order
IF you want to sell without fees you have place a SELL order below the lowest BUY order
 

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handyman007 said:
Honest question, all the people moaning about Luno, why aren't you moving to Ice3X? Even more problems than Luno? Or what about other exchanges?
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Ice3x has almost no liquidity. Their trading volume is like 35BTC/day. You can't make money there if you are trading in bigger amounts.
 
handyman007 said:
Honest question, all the people moaning about Luno, why aren't you moving to Ice3X? Even more problems than Luno? Or what about other exchanges?
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Deposits are quick, their mobile app is good and they (usually) have an active helpful rep on here. Those other sites feel clunky and no apps.
 
handyman007 said:
Honest question, all the people moaning about Luno, why aren't you moving to Ice3X? Even more problems than Luno? Or what about other exchanges?
Click to expand...

This is only the second time I've experience problems with luno.
 
The people over at Ice3x don't event chart their own market values, they use TradingView...
 
My coins are missing. This morning I was receiving some coins on Luno.
I had 2 out of 3 confirmations.
In the middle of the transfer my luno app closed. When it opened my wallet was empty.
The coins have left the sender account and says that the transaction was successful!
I did not receive my coins.

PLEASE HELP ME!!
 
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