BarryRunSome Posted December 9, 2017 Report Share Posted December 9, 2017 How did my $210.00 from Coinbase to BlockChain magically turn into $178.00? This is insane. This is not sustainable. Am I buying from the wrong place? Is BlockChain not the proper intermediary anymore? Quote Link to comment Share on other sites More sharing options...
BarryRunSome Posted December 9, 2017 Author Report Share Posted December 9, 2017 32 fucking dolllars in fees not to mention the 10 to buy the bitcoin. I’ve gotta be doing something wrong Quote Link to comment Share on other sites More sharing options...
Balco Posted December 9, 2017 Report Share Posted December 9, 2017 Why are you in this situation in the first place? JFC Quote Link to comment Share on other sites More sharing options...
BranchDavidian Posted December 9, 2017 Report Share Posted December 9, 2017 Part of that loss is the lower value of bitcoin at blockchain. When you transfer that bitcoin to another wallet or exchange, you will see an increase in the value. However, with the up or down movement of bitcoin between the time you moved it to blockchain - unless you look closely, you might not notice that there was a higher price at the receiving site than at the sending site. ( Just as you didn't notice that Blockchain has a lower price than Coinbase.) Quote Link to comment Share on other sites More sharing options...
BranchDavidian Posted December 9, 2017 Report Share Posted December 9, 2017 32 fucking dolllars in fees not to mention the 10 to buy the bitcoin. I’ve gotta be doing something wrong Yes, you must be doing something wrong. No way should you be charged $32 on a $200 transaction. My last transaction fee was 2% of the transaction - which I thought was high. Half a year ago, transaction fees were more like 0.2%.If you had Coinbase call up $200 from your bank account - they will have charged you a premium of $50 or $60 per bitcoin, and I'm not sure if they add a percentage on top of that.If you made the transfer during high volume trading times, the fee paid to the miners increases. Plus, quite often the trades are slowed down. If the trade is delayed while the market is crashing, you will lose more money while in the delay. But, if you simply sent $210 in bitcoin that was already just sitting in your Coinbase wallet to you Blockchain wallet, and you paid $32 in fees for that --- something is wrong. Quote Link to comment Share on other sites More sharing options...
Herbie Posted December 9, 2017 Report Share Posted December 9, 2017 Where are you depositing? Check if they use alt-coins with lower transaction fees. I like Dash (their developers are committed to keeping the transactions fees low) but you aren't getting that from coinbase. https://en.wikipedia.org/wiki/Dash_(cryptocurrency) Quote Link to comment Share on other sites More sharing options...
easy does it Posted December 9, 2017 Report Share Posted December 9, 2017 I've seen coinbase charge $20'for a 150 transaction due to how busy the system is Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted December 9, 2017 Report Share Posted December 9, 2017 Do bigger transactions, don't mess with anything less than $799 ...........and forget Coinbase. Quote Link to comment Share on other sites More sharing options...
BarryRunSome Posted December 9, 2017 Author Report Share Posted December 9, 2017 I understand the value of bitcoin might be different between CB and BC but the amount of bitcoin I sent and received are completely different I sent .01328292I received .01230361 Shouldn’t the amount of bitcoin be the same, and the price adjusted between the value of bitcoin at the 2 places. Fish who is to say if I did bigger I wouldn’t get fucked over even more? 799 might be a $150 charge. And what do you mean by avoid coinbase? Where else can Americans instantly buy BC using a CC or a linked bank account? Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted December 9, 2017 Report Share Posted December 9, 2017 Buy and sell from people Hoards of people want to buy and sell bitcoin Do transactions practically daily, fees minimal. Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted December 9, 2017 Report Share Posted December 9, 2017 I understand the value of bitcoin might be different between CB and BC but the amount of bitcoin I sent and received are completely different I sent .01328292I received .01230361 Shouldn’t the amount of bitcoin be the same, and the price adjusted between the value of bitcoin at the 2 places. Fish who is to say if I did bigger I wouldn’t get fucked over even more? 799 might be a $150 charge. And what do you mean by avoid coinbase? Where else can Americans instantly buy BC using a CC or a linked bank account? gemini and kraken if you do a lot of coinbase transactions, you're probably better off with their sister site gdax Quote Link to comment Share on other sites More sharing options...
BarryRunSome Posted December 9, 2017 Author Report Share Posted December 9, 2017 gemini and kraken if you do a lot of coinbase transactions, you're probably better off with their sister site gdaxWill my coinbase login and limits work at GDax, or do I have to signup for a new account? Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted December 9, 2017 Report Share Posted December 9, 2017 Will my coinbase login and limits work at GDax, or do I have to signup for a new account? have to sign up at gdax, and then you could transfer funds back and forth Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted December 9, 2017 Report Share Posted December 9, 2017 Barry, next time in Vegas, will buy OR sell 800-10k in Bitcoin with you. Quote Link to comment Share on other sites More sharing options...
BarryRunSome Posted December 9, 2017 Author Report Share Posted December 9, 2017 I don’t know Fish. I bet on the weekends. My financial situation is such that I could buy larger amounts anytime I want, but it’s just not necessary. I wake up Saturday, buy a LIL BC and bet some games. Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted December 9, 2017 Report Share Posted December 9, 2017 the sad thing is that it's fortunate the transaction even went through so many transfers just sitting there... decided to do a 5d/bookmaker transfer just to have money to bet with over there after getting buried fishhead do you do book-book transfers? i almost never do but bitcoin is so goofy right now Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted December 9, 2017 Report Share Posted December 9, 2017 fishhead do you do book-book transfers? i almost never do but bitcoin is so goofy right nowCash you mean? If so, yes........ 5dimes, Heritage, Bookmaker Quote Link to comment Share on other sites More sharing options...
BarryRunSome Posted December 9, 2017 Author Report Share Posted December 9, 2017 I just don’t feel like getting a fucking 12 inch dildo stuck up my ass every time I buy a little bitcoin. I could live with 20 bucks, hell it was 12 to go to the store and send a MG, but 50 fucking dollars from purchase to funding the book? That’s ridiculous. And if I bought a larger amount, I’d go all in. It doesn’t make sense for me Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted December 9, 2017 Report Share Posted December 9, 2017 Cash you mean? If so, yes........ 5dimes, Heritage, Bookmaker if i remember right bookmaker charges 200 on outgoing but nothing on incoming? probably should've asked that first Quote Link to comment Share on other sites More sharing options...
BarryRunSome Posted December 9, 2017 Author Report Share Posted December 9, 2017 It was 42 bucks from purchase to book. 210 was 220210 turned into 178 from CB to BC Quote Link to comment Share on other sites More sharing options...
BarryRunSome Posted December 9, 2017 Author Report Share Posted December 9, 2017 The fees were never like this in the past. Maybe 20 bucks for everything Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted December 9, 2017 Report Share Posted December 9, 2017 The fees were never like this in the past. Maybe 20 bucks for everythingCan't you find someone to just buy BC from and have them send it to your Blockchain wallet? Fees are minuscule Make sure to use the PRIORTY send and check the box to do such, to and from. Quote Link to comment Share on other sites More sharing options...
BarryRunSome Posted December 9, 2017 Author Report Share Posted December 9, 2017 Can't you find someone to just buy BC from and have them send it to your Blockchain wallet? Fees are minuscule Make sure to use the PRIORTY send and check the box to do such, to and from.No. Most people don’t even know what bitcoin is. You live in a gambling Mecca. Everyone knows Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted December 9, 2017 Report Share Posted December 9, 2017 No. Most people don’t even know what bitcoin is. You live in a gambling Mecca. Everyone knowsYes, guess it would be a little more difficult. Again, if in Vegas, I can help you. Quote Link to comment Share on other sites More sharing options...
BarryRunSome Posted December 9, 2017 Author Report Share Posted December 9, 2017 Yes, guess it would be a little more difficult. Again, if in Vegas, I can help you.Thx pal Quote Link to comment Share on other sites More sharing options...
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