The Bitcoin Thread

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what happens to luno and its employees (same with other exchanges) when the BTC bubble bursts...

#notserious -- but if it were to happen damn...
 
*SynergyX* said:
what happens to luno and its employees (same with other exchanges) when the BTC bubble bursts...

#notserious -- but if it were to happen damn...
Click to expand...

As long as there still traders, nothing really but also depends on how bad it would burst. $200/BTC I would think they'd close.
 
Just transferred 40k into luno and across to mycelium for safer keeping. Ended up with 36k odd. That's around 10% 'fees'. This correct?
 
Sorry. Yes, Rands to luno. Bought Btc at luno. Then sent to mycelium.
 
At luno's price. Didn't think I had a choice. Did it 5 mins ago. Checked what rate and it was at R193877.00? Did I do something wrong
 
It might also never see 170k again, so there is never really a definite time to buy or not to buy ... I buy a little every month no matter what the price :whistle: ... can't hang around for if's and maybe's
 
COMPUTEK said:
It might also never see 170k again, so there is never really a definite time to buy or not to buy ... I buy a little every month no matter what the price :whistle: ... can't hang around for if's and maybe's
Click to expand...

This is actually a decent strategy, instead of throwing $ into clubbing/fast food - throw it into something that might actually make you money.
 
petum said:
Just transferred 40k into luno and across to mycelium for safer keeping. Ended up with 36k odd. That's around 10% 'fees'. This correct?
Click to expand...

The value that mycelium gives you is not the same as the price thats traded on luno. Just check you have the same number of coins, minus transfer fee and then you know all is good :)
 
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