Cryptocurrency

nordberg · 01-03-2018, 12:23 PM

Anyone signed up to Coinbase today? Seems the credit card deposits are goosed. Annoying as was hoping to get on Status today and it’s nearly doubled in value.
In

DG20 · 01-03-2018, 01:15 PM

Anyone know why prices are so different on different platforms? For example, coin cap might show XRP at 2.50 but GateHub will show it at 1.88. Why such a big difference?

Darth Helmut · 01-03-2018, 01:20 PM

Quote:

Originally Posted by AW F30

Anyone know why prices are so different on different platforms? For example, coin cap might show XRP at 2.50 but GateHub will show it at 1.88. Why such a big difference?

I think it may be due to the rate of change. It appears that when there is a rapid move, the exchanges cant keep up. Also, dependant on what currency you are viewing it in (£, $ or Euro) will have a discrepancy due to whatever exchange using whatever conversion rate or factor. I tend to look at a few exchanges to get a mean of the current price.

R99 · 01-03-2018, 01:42 PM

I’ve got a £50 punt via Coinbase on BTC - currently seeing £7 profit!

Don’t think I’ll be doing anything exciting just yet, but does show if you have the balls / capital to invest with big ££ then you could see some decent rewards as some posters on here have!

ajfoggy · 01-03-2018, 03:48 PM

Quote:

Originally Posted by nordberg

Anyone signed up to Coinbase today? Seems the credit card deposits are goosed. Annoying as was hoping to get on Status today and it’s nearly doubled in value.
In

I made a deposit and the website stuck on processing but the deposit email came through and it had actual gone through

73henny · 01-03-2018, 04:07 PM

Is there a recognised easiest/simplest and/or best way to start playing with this stuff? Seems a myriad of different ways.

MashinBenzin · 01-03-2018, 04:26 PM

Quote:

Originally Posted by 73henny

Is there a recognised easiest/simplest and/or best way to start playing with this stuff? Seems a myriad of different ways.

I personally found eToro incredibly simple. Downloaded the app to my phone, created an account, deposited money and started trading. Was probably up and running in half an hour.

I didn't even look into the copy side of things that's possible on it - just carried out my own trades. You could try it with a virtual portfolio first.

kzg1969 · 01-03-2018, 04:43 PM

just joined in on eToro (online) - saying it could take 2weeks to verify due to high demand!!!!

dizzy619 · 01-03-2018, 04:45 PM

Quote:

Originally Posted by kzg1969

just joined in on eToro (online) - saying it could take 2weeks to verify due to high demand!!!!

You can still trade even without your verification I believe

A15X · 01-03-2018, 04:48 PM

Quote:

Originally Posted by dizzy619

You can still trade even without your verification I believe

Yeah up to $2000 my verification took all of 3 hours just over a week ago.

ajfoggy · 01-03-2018, 05:24 PM

Quote:

Originally Posted by saltyamigo

One thing that I still haven't worked what went wrong on eToro but thankfully it was my virtual portfolio. I invested in the copyfund cryptofund, I invested $15520 on the 12th December and it was all doing well making a healthy profit but for some reason it was closed on 31st December with a value of only $5090, a loss of $10430. I really cant figure out why this happened as all cryptos were doing well at the time. I haven't contacted eToro about it as its virtual cash, but would of been gutted if it was real money. Anyone any idea what caused this?

Stop loss got triggered?

Hooded · 01-03-2018, 07:06 PM

Quote:

Originally Posted by A15X

Yeah up to $2000 my verification took all of 3 hours just over a week ago.

My verification took a couple of days over a week ago.. but it was over the weekend

Hooded · 01-03-2018, 07:18 PM

Quote:

Originally Posted by nordberg

Anyone signed up to Coinbase today? Seems the credit card deposits are goosed. Annoying as was hoping to get on Status today and it’s nearly doubled in value.
In

Can I ask how you verified your ID?

They use some stupid method of taking a photo with your phones camera of your drivers licence or passport and it won't accept it it keeps failing to verify, seems common after a quick look on google. Any other site lets you use a scanner and send them a good scanned copy but not coinbase

bimmer456 · 01-03-2018, 09:10 PM

Quote:

Originally Posted by Hooded

Quote:

Originally Posted by nordberg

Anyone signed up to Coinbase today? Seems the credit card deposits are goosed. Annoying as was hoping to get on Status today and it’s nearly doubled in value.
In

Can I ask how you verified your ID?

They use some stupid method of taking a photo with your phones camera of your drivers licence or passport and it won't accept it it keeps failing to verify, seems common after a quick look on google. Any other site lets you use a scanner and send them a good scanned copy but not coinbase

I had problems with the photo verification did it from my computer using an attach photo option and from the phone. Finally worked using the phone.

saltyamigo · 01-04-2018, 01:52 AM

Quote:

Originally Posted by ajfoggy

Stop loss got triggered?

Yes, stop loss must have been triggered but I can't understand why as all the cryptos were doing well and the fund is spread across them all. No way had the fund value dropped by two thirds.

MashinBenzin · 01-04-2018, 02:34 AM

Quote:

Originally Posted by saltyamigo

Here is a screenshot of the history showing some of the losses on the fund, shows XRP at under 20 cents, Bitcoin at 4286 and Bitcoin Cash as worth nothing. As I said its only virtual cash but still worry's me that something similar could happen to real money.

Etoro have suspended stop losses now, so should be no danger of this happening with real money. I had mine down to minimum anyway, after I had an xrp trade @0.31 closed at 65% profit by a trailing stop loss. My mistake and not a good one to make.

MashinBenzin · 01-04-2018, 02:50 AM

Quote:

Originally Posted by MashinBenzin

....

I've seen most profit taking drops occur at the start of the UK and US days - think 7am-9am and midday to 4pm our time. Rallies and price increases tend to occur at the times after these drops. Asian markets have a similar pattern but we are asleep then. Basically, a bunch of people wake up, see large rises and choose to bank some of that by selling.

This is only based on three weeks of watching including a quiet holiday period, but just thought it worth mentioning.
.

Right on cue, European selling has wiped 15/20% of my profits out in the last half hour

hopefully they will jump back up again soon.

Zippeh · 01-04-2018, 03:24 AM

Currently holding 1100 xrp @ an average of $2.25. Fully expecting all the gains to be wiped out! When things dropped on the 22nd of last month, I panicked and sold, then they all went up and I missed the boat. I'd be a few extra 1000 up if I'd just left it alone.

JLR1969 · 01-04-2018, 03:26 AM

Quote:

Originally Posted by MashinBenzin

Right on cue, European selling has wiped 15/20% of my profits out in the last half hour

hopefully they will jump back up again soon.

This will happen for weeks as the traders milk the public

225 · 01-04-2018, 03:26 AM

Very very small profit on xrp at the moment just wondering whether to dump my by and invest more in xrp?

Zippeh · 01-04-2018, 03:34 AM

Quote:

Originally Posted by JLR1969

This will happen for weeks as the traders milk the public

I've tried to counter it by selling and then buying lower, but I keep selling at the bottom! 3 times I've done this now and the bloody thing hasn't gone any lower than when I've sold it.

Zippeh · 01-04-2018, 03:35 AM

Quote:

Originally Posted by 225

Very very small profit on xrp at the moment just wondering whether to dump my by and invest more in xrp?

I'm currently up £1400 on an initial £1700 investment. I mean it's not a LOT, but do I risk for loads more?

01-03-2018, 12:23 PM	#331
nordberg Major 178 Rep 1,470 Posts Drives: F31 330d M Sport Join Date: Nov 2013 Location: Somewhere iTrader: (1)	Anyone signed up to Coinbase today? Seems the credit card deposits are goosed. Annoying as was hoping to get on Status today and it’s nearly doubled in value. In
	Appreciate 0 Quote

01-03-2018, 01:15 PM	#332
DG20 Lieutenant Colonel 967 Rep 1,771 Posts Drives: M340i Join Date: May 2014 Location: Los Angeles, CA iTrader: (5)	Anyone know why prices are so different on different platforms? For example, coin cap might show XRP at 2.50 but GateHub will show it at 1.88. Why such a big difference? __________________ Instagram: @dg_g20
	Appreciate 0 Quote

01-03-2018, 01:42 PM	#334
R99 Banned 1098 Rep 2,598 Posts Drives: 2016 330d F31 Touring Join Date: May 2013 Location: England, United Kingdom iTrader: (1)	I’ve got a £50 punt via Coinbase on BTC - currently seeing £7 profit! Don’t think I’ll be doing anything exciting just yet, but does show if you have the balls / capital to invest with big ££ then you could see some decent rewards as some posters on here have!
	Appreciate 0 Quote

01-03-2018, 04:07 PM	#336
73henny Lieutenant Colonel 500 Rep 1,580 Posts Drives: a lovely new G20 320dx Join Date: Nov 2012 Location: Scotland iTrader: (0)	Is there a recognised easiest/simplest and/or best way to start playing with this stuff? Seems a myriad of different ways. __________________ G20 320dx. Every option except a tow bar '20 Subaru XV 2.0. Gone; F30 335dx, F30 330dx, F21 LCI 125d, F48 X1 20dx, F10 520d
	Appreciate 0 Quote

01-03-2018, 04:43 PM	#338
kzg1969 Lieutenant Colonel 1299 Rep 1,924 Posts Drives: X3M Comp / M3 E93 Join Date: Nov 2016 Location: AberFreeze iTrader: (1)	just joined in on eToro (online) - saying it could take 2weeks to verify due to high demand!!!!
	Appreciate 0 Quote

01-04-2018, 03:24 AM	#348
Zippeh Captain 345 Rep 926 Posts Drives: F82 M4 Manual 2015 Join Date: Jun 2010 Location: North Wales iTrader: (0)	Currently holding 1100 xrp @ an average of $2.25. Fully expecting all the gains to be wiped out! When things dropped on the 22nd of last month, I panicked and sold, then they all went up and I missed the boat. I'd be a few extra 1000 up if I'd just left it alone.
	Appreciate 0 Quote

01-04-2018, 03:26 AM	#350
225 Brigadier General 2281 Rep 4,932 Posts Drives: 340i Join Date: Jan 2016 Location: Uk iTrader: (0)	Very very small profit on xrp at the moment just wondering whether to dump my by and invest more in xrp?
	Appreciate 0 Quote