The Bitcoin Thread

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I'm waiting for this microbubble to burst. If I had to guess people going cash out near xmas..... I hope
 
Pic on the site is the same pic on his facebook account. Lol Nigerians FTW. The spelling mistakes on the site hint at the same.
 
I have a college thats invested $1000

Well see by 26th of this month, as they sey you'll double that in 36 days

If its like the others I have seen they wont manage to withdraw their investment for some or other unforeseen reason.
 
Yeah looks like utter bullschit, and I've seen that same site using another name.

Yep, btcglobal, Bitconnect, USI-Tech are all scams. There is NO WAY I am trusting my BTC with some third party for some "guaranteed gains", thank you very much....

And the kicker is that you get paid more with the more people you recruit. ANY scheme where you need to recruit people to earn more, for me just screams SCAM and PYRAMID SCHEME.

But to each his own... can't tell other people what to do with their money...
 
I'm a share stocks kinda guy, so I feel like an idiot for missing out on Bitcoin but ready to join in since I can't beat ya. How safe is Luno wallet? How easy is it to move money from Luno to my FNB acc? I'm hoping to buy at R250 000.
 
I'm a share stocks kinda guy, so I feel like an idiot for missing out on Bitcoin but ready to join in since I can't beat ya. How safe is Luno wallet? How easy is it to move money from Luno to my FNB acc? I'm hoping to buy at R250 000.

Welcome :)

I hope you didn't have too many Steinhoff shares - LOL!

I wouldn't keep large amounts in my Luno wallet for long periods. But I have been using Luno for way longer than a year and no issues so far. Safest is of course a hardware wallet like a Ledger or Trezor. I moved some money last week from Luno to my bank account. If you request in the morning, your money is in in the afternoon (in my experience anyway).

Good luck!
 
I'm a share stocks kinda guy, so I feel like an idiot for missing out on Bitcoin but ready to join in since I can't beat ya. How safe is Luno wallet? How easy is it to move money from Luno to my FNB acc? I'm hoping to buy at R250 000.

start with verification on luno account first- limit is 15K then 50k then unlimted. 3 tiers of verification.
 
I'm a share stocks kinda guy, so I feel like an idiot for missing out on Bitcoin but ready to join in since I can't beat ya. How safe is Luno wallet? How easy is it to move money from Luno to my FNB acc? I'm hoping to buy at R250 000.

Well, there's 19 bitcoins on the exchange for 250K.... you'll get in easy. :D
 
start with verification on luno account first- limit is 15K then 50k then unlimted. 3 tiers of verification.

Ive been waiting 2 weeks for my tier 2 to be verified even after sending ID, Passport etc. Luno = useless.
 
Welcome :)

I hope you didn't have too many Steinhoff shares - LOL!

I wouldn't keep large amounts in my Luno wallet for long periods. But I have been using Luno for way longer than a year and no issues so far. Safest is of course a hardware wallet like a Ledger or Trezor. I moved some money last week from Luno to my bank account. If you request in the morning, your money is in in the afternoon (in my experience anyway).

Good luck!

Truly speaking, the only reason I didn't buy so far was the concern around the hacking of accounts. I don't know how this hardware wallet thing works, so I will probably stick with Luno. Any concerns from SARS accessing the financial information for tax purposes?
 
start with verification on luno account first- limit is 15K then 50k then unlimted. 3 tiers of verification.

How long does the first limit of R15k lasts for? I already did the verification.
 
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