Bitcoin???

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Pork Chop

New member

• Aug 6, 2015

• #1

Does anyone here understand this Bitcoin thing? If so, could you please explain it to me, lol...

 

IronJulius

New member

• Aug 6, 2015

• #2

the first transaction sucks i had to wait a week to link account and buy funds but after that and putting creditcard on file for instant transfer its great. what specific question do you have?

 

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Pork Chop

New member

• Aug 6, 2015

• #3

IronJulius said:

the first transaction sucks i had to wait a week to link account and buy funds but after that and putting creditcard on file for instant transfer its great. what specific question do you have?

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I want to use my CC to buy some bitcoins. I am looking at 247exchange.com, coinmama.com. One site has 1 bitcoin for $298.49 and the other site it's $355. If I want to send someone lets say $512, how do I figure out the value of the bitcoin he is getting?

 

IronJulius

New member

• Aug 6, 2015

• #4

i use coinbase the price fluctuates every min and when you use credit card it takes like 4 days but you have to use a bank account with it

 

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Pork Chop

New member

• Aug 6, 2015

• #5

IronJulius said:

i use coinbase the price fluctuates every min and when you use credit card it takes like 4 days but you have to use a bank account with it

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I just bought some using Circle and it's in there now. It would only let me get $100 worth per week, LOL. Damn it

 

Pristi1340

New member

• Aug 7, 2015

• #6

i think localbitcoins is what everyone uses. i haven't even bothered with it because it seems like a PITA

 

Presser

Admin

Staff member

Administrator

Moderator

• Aug 9, 2015

• #7

yeah I was thinking of starting up my own bit coin exchange a couple years back, then china came down on them and scared the piss out of me, didn't think they would last but here they are!

I would love to own an exchange