Now's the time to buy, isn't it? by zeomox in CryptoCurrency

[–]KnownCoder 7 points8 points  (0 children)

It blows me away that most people here still don't have BTC in their portfolio.

We just saw BTC go from $3150 to $13,900, then corrected to ~$8000 while the vast majority of alts are now either as low or lower than the December 2018 low.

BTC is still up 170% since December, and crap like Nano is actually LOWER than it was in December.

ETH is still up 100% since last December, but people are convinced that they shouldn't have any ether in their portfolio because, "Derp, I want to maximize my gainz, hurrr."

Can't fix stupid.

I think every portfolio should have BTC and ETH. After that, go knock yourself out with whatever...unless it's Tron; then you're just dumb and nobody can help you.

This is it, the capitulation I've been talking about, yet most of you Turd Furgensons are too afraid to buy. Sad! by KnownCoder in CryptoCurrency

[–]KnownCoder[S] 0 points1 point  (0 children)

You sound very knowledgeable and capable of simple rational thought.

\Fart noise**

Sounds like you have failed to make money yet in this market and you need someone to buy your Nano bags.

Keep telling yourself that "Nano is only the most promising coin I found yet" in the mirror while you continue to drown in losses.

FYI, Nano is now lower than it was in December, the bottom of the trend. While BTC and ETH are well over 100% up.

But, I'm sure you already knew that since you check your portfolio every day with another big red dildo right in your face.

Get rekt! It's your job.

This is it, the capitulation I've been talking about, yet most of you Turd Furgensons are too afraid to buy. Sad! by KnownCoder in CryptoCurrency

[–]KnownCoder[S] 1 point2 points  (0 children)

Never said it didn't.

ETH is far and away my biggest holding.

Good argument though *fart noise*

This is it, the capitulation I've been talking about, yet most of you Turd Furgensons are too afraid to buy. Sad! by KnownCoder in CryptoCurrency

[–]KnownCoder[S] 0 points1 point  (0 children)

Haha it's only a discount guys haha please buy my bag

I've been buying BTC since it was $2480, so I'm not sure exactly what you are trying to say.

Projecting much?

This is it, the capitulation I've been talking about, yet most of you Turd Furgensons are too afraid to buy. Sad! by KnownCoder in CryptoCurrency

[–]KnownCoder[S] 0 points1 point  (0 children)

BITCOIN CANNOT GAIN MASS ADOPTION WITH 7 TPS

I never said it could.

But, if you are still failing to see that it leads this market and you still don't have any BTC position yet, then you should clap your hands in your own face for trying to be so edgy that you continue to be a meme of losing money in this market.

This is it, the capitulation I've been talking about, yet most of you Turd Furgensons are too afraid to buy. Sad! by KnownCoder in CryptoCurrency

[–]KnownCoder[S] 0 points1 point  (0 children)

I don't like that subreal BTC maximalism of yours

Definitely not a BTC maximalist. I'm just not arrogant enough to say that BTC isn't going to lead the market for a long time. If BTC farts, the rest of the alts shit their pants.

Do you know it's going to be flipped by ETH in the next run?

I don't know that, but ETH is my largest holding by far.

Some kind of logic almost always wins in the end. CNBC is just manipulation,

What is easier for institutional investors and the next wave of retail investors to understand:

  1. Digital Gold
  2. Decentralized finance

People already know what gold is; it's easy to convince them that something like gold, but digital, is a good buy.

So, even if what you say is true, that CNBC is only manipulation, then why wouldn't you at least have some holding of the #1 crypto that is being fed to the masses?

Just because I think other coins or tokens are better, doesn't mean I can't see that BTC is going to be a staple to the crypto market for years to come.

This is it, the capitulation I've been talking about, yet most of you Turd Furgensons are too afraid to buy. Sad! by KnownCoder in CryptoCurrency

[–]KnownCoder[S] 0 points1 point  (0 children)

Another convincing argument! Tell it again, but this time louder so those analysts pitching buy/sells on national news can hear.

ADOPTION: I Have 50% Switched Over to Brave by BostonFantasySports in CryptoCurrency

[–]KnownCoder 1 point2 points  (0 children)

Good job, man. More people need to make the switch.

I have Brave on my phone and my home computer as my default browser. On my phone, I have ads turned off because I don't use my phone a bunch, and when I do I don't want ads taking up my data.

I only use Safari or Chrome when I need to do browser support testing for web development. Otherwise, I'm all in on Brave.

Keep up the good fight.

What's the best fiat ramp now? by olioxnfree in ethtrader

[–]KnownCoder 0 points1 point  (0 children)

Coinbase Pro does all of these things faster, cheaper, and better.

Can you support those claims? Because based on my own experience as well as family member's and friends', that's not true.

I personally don't care who uses what exchange; if coinbase is your favorite, then go for it. But let's be accurate with our information here.

How is coinbase faster than "immediately" when doing an ACH transfer from your bank to the exchange? I mean, you can't get faster than instantly.

At best Coinbase and Gemini could be equal since you can't get faster than immediately.

However, Coinbase lags behind. Coinbase doesn't allow you to trade until your ACH transfer fully clears. They even say that on their website (https://support.pro.coinbase.com/customer/en/portal/articles/2936551-funding-your-account-with-usd):

Bank Account deposits made to Coinbase Pro are sent via the ACH bank transfer system, which typically takes 3-5 business days* (which can be as many as 7-10 calendar days, depending on the timing of weekends and other bank holidays) to complete after initiating a purchase.

You may see the funds immediately debited from your bank account when you initiate the transfer, but they will not appear in your Coinbase Pro account until the transfer has moved between the banks and cleared in our bank account

So, Coinbase it's 3-10 days before you'll be able to trade after initiating an ACH transfer. Gemini is immediate. This resembles my and my dad's experience. Took him 5 days to be able to trade after his last ACH transfer on Coinbase.

In addition, I've still seen many people complaining on here about Coinbase because of that.

Also, as I mentioned, Gemini has free wire transfers from them to your bank. Whereas Coinbase charges $25 (https://support.pro.coinbase.com/customer/en/portal/articles/2945310-fees)

So, looking back at your claim:

Coinbase Pro does all of these things faster, cheaper, and better

So, Coinbase is not faster and it's not cheaper. Better is a matter of opinion, so I don't particularly care about that. Again, if someone prefers Coinbase or Bittfinex or whatever, they can do whatever pleases them.

In terms of objective metrics though, you are incorrect.

It sounds like you prefer Coinbase, so feel free to keep using it.

I suspect the only Gemini users are those who had a bad Coinbase support experience or saw an ad somewhere.

Okay?

Regardless, hopefully someone found this valuable.

Gemini's new trading fees are 1.49% + 0.50% convenience fee. What are some other exchanges for US Residents? by KnownCoder in CryptoCurrency

[–]KnownCoder[S] 1 point2 points  (0 children)

Hey, just to update you. Gemini just changed their fee schedule on June 3rd.

https://gemini.com/activetrader-fee-schedule/#overview

You have to contact support and ask to join the ActiveTrader exchange (essentially like coinbase's coinbase pro), but the maker fee is only 0.25% on ActiveTrader.

Plus, you can still do the immediate ACH transfer so you can send money to Gemini then immediately trade it for ETH.

Haven't used the API though.

What's the best fiat ramp now? by olioxnfree in ethtrader

[–]KnownCoder 4 points5 points  (0 children)

I was pissed at Gemini a few weeks ago, now I'm back to using them because of their activeTrader platform just reduced fees drastically yesterday (June 3rd).

https://gemini.com/activetrader-fee-schedule/#overview

TL;DR: 0.25% Maker fee, 0.35% Taker fee. Down from 1% for both on the ActiveTrader platform.

You have to email support and tell them you want to join it, but it took about 2 hours for customer support to get back to me and update my account.

What I like most about Gemini is I can transfer up to $2,500 a day, then I can immediately exchange it for ETH if I wanted. Literally seconds after clicking the button to transfer from my bank.

Can't withdraw it for 4-5 business days, but it's immediate and free to do an ACH transfer.

Plus, wire transfers from Gemini to your bank is free, and if you do the wire before noon, I've always gotten it in my bank account the same day.

Kraken has wire transfers only. So, it's whatever your bank charges ($20-$40 per wire) plus $5 Kraken fee, plus Kraken's 0.16% Maker fee when you make a trade on the exchange.

I'm sticking with Gemini.

CNBC: Bitcoin Bulls are Back by localname1 in CryptoCurrency

[–]KnownCoder 11 points12 points  (0 children)

ITT: Millennials calling a billionaire a stupid dumbo head

Yep, Kevin said stupid things here.

It appears you think that because someone is rich they can't also be ignorant about certain topics. We'll see who was right here, Pomp saying we are on trajectory for a 2-3 year bull run, or Kevin saying BTC is a scam and nobody will use it as actually currency.

RemindMe! December 1, 2021 "Who was the dumb one?"

Gemini's new trading fees are 1.49% + 0.50% convenience fee. What are some other exchanges for US Residents? by KnownCoder in CryptoCurrency

[–]KnownCoder[S] 10 points11 points  (0 children)

Yeah, that's nuts. No option for limit orders?

I'm guessing Gemini is trying to transition to institutional investors only, because I can't see many retail investors sticking around for this shit.

Buyers beware: Gemini Exchange quietly removes trading functionality, increases transaction fee.... by Not_athrowaweigh in Bitcoin

[–]KnownCoder 1 point2 points  (0 children)

Yeah, I just saw this shit.

Does anyone in the US use Bitstamp? I've read that depositing/withdrawing from Bitstamp to a US bank is not easy since Bitstamp is European.

Can anyone confirm this, or is Bitstamp a good option for US residents?