The Bitcoin Thread

[Zulfi]

Your private key gives someone access to your wallet. They can transfer everything out.

Where do i find this private key? And how do i export it.. do I need to if im using coinomi?

 

[F1 Fan]

DO NOT USE INSTANT BUY/SELL

Luno charges ridiculous fees there, always put an order on the exchange and check the fees there. There is something about a maker/ taker fees as well which you can google or we can explain here if you'd like

So basically put in an instruction on the trader to automatically buy at lets say 250k and then sell at 254k? That way I incurr less fees?

Obviously the risk in that is that it may not reach the amount you are hoping for..

 

[xrapidx]

What's up with Etherium today

 

[SaiyanZ]

How do you buy at 250k and sell at 254k on Luno?

From what I can see, when the price is 250k, and I buy, Luno charges for example 252k, and if I sell immediately, I receive 248k.

How do you guys do it?

Use the exchange and hope someone sells to you. Though I sometimes buy with fees to make sure I can get in if I can see the price is going to push a lot higher. eg. After breaking finally through R250k it was obvious that people will be impulse buying and push the price up fast. So taking a 0.5% fee (R1750 per BTC fee which is a lot) to make another 1% or so made sense.

 

[F1 Fan]

Use the exchange and hope someone sells to you. Though I sometimes buy with fees to make sure I can get in if I can see the price is going to push a lot higher. eg. After breaking finally through R250k it was obvious that people will be impulse buying and push the price up fast. So taking a 0.5% fee (R1750 per BTC fee which is a lot) to make another 1% or so made sense.

So how do I use the exchange?

And what are taker and maker fees?

 

[Dimpie (JIGSAW)]

Careful??What could happen? I have no idea what this is and how to do it

Does this help? > https://coinomi.freshdesk.com/suppo...-the-time-of-the-snapshot-how-do-i-claim-btg-

 

[Dimpie (JIGSAW)]

There's a ±R7,000 difference in BTC price between Luno and ACT :erm:

 

[xrapidx]

So how do I use the exchange?

And what are taker and maker fees?

Goto exhange... choose whether you want to buy or sell - put the price you want to sell/buy at - and the amount - submit - then wait?

 

[Dan C]

What's up with Etherium today

Making me rich ?

 

[Xino_sam]

Making me rich ?

Somehow I missed out - saw a big upward trend too late

 

[Dan C]

Somehow I missed out - saw a big upward trend too late

I didn't buy much, just short of one coin. But hey, still not complaining.

 

[Zulfi]

There's a ±R7,000 difference in BTC price between Luno and ACT :erm:

Saw this too.. what does it mean?

 

[JerryMungo]

Saw this too.. what does it mean?

It means that clients of one are willing to pay more than clients of the other.

 

[SaiyanZ]

Altcointrader has like 10 guys trading between themselves. They are probably out on their year end teambuilding or something.

 

[Xino_sam]

Altcointrader has like 10 guys trading between themselves. They are probably out on their year end teambuilding or something.

Accompanied by lots of alcohol

 

[Dimpie (JIGSAW)]

There's a ±R7,000 difference in BTC price between Luno and ACT :erm:

Up to 9,000 now

Arbitrage ??

 

[whipper]

BTC rocketing to the moon..HODL on for dear life

 

[Gtx Gaming]

300k next week, let's do this lol!

 

[Vox Populi Vox Dei]

♫ BitCoin you're making me so much money //
Now all you have to do is introduce me to a honey ♫

 

[Xino_sam]

♫ BitCoin you're making me so money //
Now all you have to do is introduce me to a honey ♫

And some rain...