Bitcoin plunges below $11,000 in volatile trading on Coinbase as rout accelerates; now down 40 percent from record

[LabOz 915]

7 hours ago, OriZ said:

There are many coins you can use, ETH works alot cheaper and faster than BTC. LTC at times is an option as well like Dave mentioned. And some, you can actually buy using USD. Even the ones you need BTC to buy, it's best to first buy ETH, deposit that ETH into the exchange you need to buy whatever coin your're buying, then sell it for BTC, and only then use that BTC to buy it. If you deposited the BTC it would cost you like $15 right now, if you deposited eth it would cost you less than $1. Not to mention the fact BTC can take hours whereas ETH takes seconds, or minutes at most.

Great info thanks.

so ETH faster and cheaper.

I tried another website and fine print is always the same. WA State residence are not allowed to purchase. Further research shows that WA State set up currency trading laws that make it difficult for them to do business here and rather than comply the companies just say "sorry WA residence" , Can't just say i'm from Ohio or something as they require you to download copy of ID and residence proof. 

 

https://www.geekwire.com/2017/new-bitcoin-regulations-shake-washington-states-cryptocurrency-industry/

 

Oh well. Back to the Roulette tables.

 

Thanks guys. Good luck out there.

Buy low sell high. LOL

Steven

[OriZ 3,157]

Both coinbase and coinme work in WA. I'm not sure what the issue you had with coinbase is, but I can try and help you with that. 

[Amica Nostra 4,803]

2 hours ago, LabOz said:

Great info thanks.

so ETH faster and cheaper.

I tried another website and fine print is always the same. WA State residence are not allowed to purchase. Further research shows that WA State set up currency trading laws that make it difficult for them to do business here and rather than comply the companies just say "sorry WA residence" , Can't just say i'm from Ohio or something as they require you to download copy of ID and residence proof. 

 

https://www.geekwire.com/2017/new-bitcoin-regulations-shake-washington-states-cryptocurrency-industry/

 

Oh well. Back to the Roulette tables.

 

Thanks guys. Good luck out there.

Buy low sell high. LOL

Steven

I am old fashion, dollar cost averaging out of every pay check stocks and bonds, etf. Boring and plodding.