RE: BIT COIN

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BIT COIN

in bitcoin •  7 years ago 

Well btc doesn't make me nervous, Im a gambler by nature. What I meant was should I be buying more right this moment? Because I will! I can hit that btc ATM 24/7! Maybe THATS what makes me nervous! Hahah

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btc has YUGE transaction fees.
litecoin...not so much.

I cannot buy litecoin without an acct at an exchange though right?

dunno for sure..
I've just traded for it.
You might check out CoinBase..
it's a USD portal. I'm certain you CAN buy litecoin, bitcoin and Ethereum there.
I never have.

warning..warning...Coinbase has effectively ZERO customer service. If you screw up (rilly easy) it's on you to figure out what went wrong and fix it...

  ·  7 years ago (edited)

I hear Coinbase gives you a rectal exam too, like a brokerage acct.
There was some other things I heard I didn't like. Like them freezing stuff on you, getting pissy about certain things. I don't know any details because its ALL new to me

they need certain information to comply with laws and to be able to transfer money To orFrom the financial institution that you chose. Basicly they just want to make sure it's YOU...so they need ID.
They also provide two factor security so no one else can hack your account...

  ·  7 years ago (edited)

Taking your advice and using Litecoin to buy Steem. Gonna hold the Bitcoin
And guess what? They sell LTC from the same ATM I got BTC from! :)
Just not doing it today because the prices are bad for such a position, but I'm ready.

I've heard it said that BitCoin is the hundred dollar bill of crypto and lite coin is the ten.

That's been a while back...it might be time to re evaluate.
Lite coin is increasing in value at a faster rate than bitcoin was last time I checked...a couple of days ago.