new member and new to BTC

chubbs878

Member
Joined
Feb 17, 2020
Messages
21
i’ve come to realize a lot of vendors request BTC only as payment. i’m less than enthusiastic. 

just to start, i went ahead and got the BTC for the DBG donation and i basically spent $25 and ended up with only $15 for the donation. 

i wanted to do a $20 donation but it ended up, i guess, costing me $5 to buy the $20 BTC and then it cost me another $5 to send the BTC. 

WTH is that? i can only imagine if dealing say $500 BTC. how much would i actually be spending USD to send $400-500 vendor magazines? seems like higher $ transactions would cost big $$$ as it’s all a percentage, correct?

so $10 to buy and pay $20 BTC is STEEP. for those experienced, how much do you lose buying & spending several hundred BTC? 

 
This sounds unusual.. The most expensive way to buy coin is probably atm and 8-10% at the most Id say after you factor in the price you're buying at. As far as sending goes, sending 15 worth of coin should cost you like 10 cents 

 
SHAKE PAY WORKS!!!!!! They use e-transfers but they accepted mine in less then a minute. Then you need to download the mobile app to send it to the electrum wallet which also took less then a minute. There fee is like .01%....to the point were I didnt even notice it. ENJOY!

 
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  3. Gulp2788 @ Gulp2788: dibiditybawkwak wackadackaback woohoo
  4. Gulp2788 @ Gulp2788: @rhodium You too bro!!
  5. R @ rhodium: evening all have a good week ahead
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  7. tiquanunderwood @ tiquanunderwood: Upping sponsorship I guess?
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  9. N @ nickelz34: Ty
  10. Gulp2788 @ Gulp2788: @nickelz34 message the admin or gracie
  11. N @ nickelz34: I am an opal sponsor where do I find the password for the pass protected section ?
  12. Gulp2788 @ Gulp2788: whereas if I use fiat to buy something the money is green anyway. Monero does this really well. Anyway rant over, you can DM me if you'd like to talk more about cryptos.
  13. Gulp2788 @ Gulp2788: I don't really think that people understand the whole point of cryptos in the first place anymore. BTC just won't be adopted by governments because the transactions are too public and what's worse, money that is freshly minted is better than money that has been used. Like if my btc was used for something that was illegal does that mean the money is "poisoned"?
  14. Gulp2788 @ Gulp2788: @xenxra Yeah, Like I said I've never really been that fond of btc, it isn't used as a currency, just as a place for people to invest money in, even though the whole purpose of btc was to be a currency. If it doesn't fulfill that role, what does? Monero certainly does.
  15. tiquanunderwood @ tiquanunderwood: What's good guys! Just got back home. Missing football today :( Fuck the probowl lol
  16. shoutback @ shoutback: Volkanovski is the greatest featherweight of all time. Better than Aldo or Holloway at their peaks.
  17. S @ sawganaut: I bet btc bottom is in
  18. D @ dragnetopher: No, I don’t think it. I know it. And it’s not just bitcoin, it’s all crypto. And like I said, they’re selling to acquire liquidity for when countries truly start utilizing what’s been set in place. The USD is under controlled demolition as we speak. This is all part of it.
  19. xenxra @ xenxra: there is no shortage of whales - https://tikolu.net/i/fmnru.png
  20. xenxra @ xenxra: tokenisation is not a plan its already been happening for months, ive been trading this whole move on silver through ethereum
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