Author

Topic: Hello i'm new and eager to learn (Read 593 times)

newbie
Activity: 20
Merit: 0
December 13, 2013, 03:35:45 PM
#12
I am also new to bitcoin. I am planning on purchasing a Black Arrow X-3 miner. Not sure whether to purchase directly from Black Arrow or from minersource.net which appears to be the official US reseller. Its like 200 dollars cheaper to buy from minersource.net but I am unsure if it makes a difference whether I order from them or Black Arrow. Any advice would be appreciated.
newbie
Activity: 3
Merit: 0
December 13, 2013, 02:34:50 PM
#11
Hello,

I am new to this forum and eager to learn.
Reading the Newbies section i understand that many are here to make a quick buck. I don't know how it could happen, being so late in the party, so i will first focus on trying to understand bitcoin.

So i have a question : what is the best exchange in your opinion and why ?

Coinbase takes couple days for you to buy and sell coins, approx 4~5 days.

And, You need to submit your driver's license image, utilities bill image in order to trade........ in Mtgox.
Because Uncle Sam wants to know what (how) are you doing.. Roll Eyes
sr. member
Activity: 294
Merit: 250
December 13, 2013, 01:07:51 PM
#10
In my experience I've found coinbase to be pretty good. They do make you jump through a bunch of hoops and wait a bit to get your bitcoins, but after a month from your first purchase you can make instant purchases.

Selling coins from them is pretty good as well, though I have experienced some delays, but nowhere near what other exchanges can subject you too.

It seems like they use bitstamp's prices with a little bit of a delay.

MtGox has been subjected to a lot of scrutiny by US regulators and as I understand it, it's hard to use with dollars these days.
newbie
Activity: 27
Merit: 0
December 13, 2013, 12:37:08 PM
#9
Thank you all for your help.

So Coinbase and Bitstamp seem to lead this topic. Nobody talked about Mtgox, i thought this was the first exchange ?
newbie
Activity: 10
Merit: 0
December 13, 2013, 11:10:17 AM
#8
I would recommend if you can to buy and hold.. many people have lost a lot of money doing day trade..

Many people speculate that Bitcoin will reach at least $10,000 per coin! So you can't go wrong holding them.. (unless they colapse to 0  Wink )
full member
Activity: 152
Merit: 100
December 13, 2013, 09:08:38 AM
#7
So i have a question : what is the best exchange in your opinion and why ?

Bitstamp, reliable, high volume


Coinbsse seems best at the moment

If you mean Coinbase it is not exchange, you cant daytrade there
newbie
Activity: 42
Merit: 0
December 13, 2013, 08:36:26 AM
#6
Coinbsse seems best at the moment
sr. member
Activity: 404
Merit: 250
December 13, 2013, 08:17:45 AM
#5
Welcome to the forum Smiley

There are lots of good exchanges, but don't store coins on them long term or use them as a wallet alternative, several have gone down or been hacked. Just some friendly advice. Smiley
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
December 13, 2013, 07:53:47 AM
#4
I think you probably want to buy Bitcoins from CoinBase and Altcoins from Cryptsy!  Grin
newbie
Activity: 9
Merit: 0
December 13, 2013, 07:49:55 AM
#3
Bitstamp is realiable and there are little withdraw/deposit issues
hero member
Activity: 952
Merit: 1009
December 13, 2013, 07:34:45 AM
#2
I like the ones that get "hacked" and steal their clients coins.

They're the best for comedy purposes.
newbie
Activity: 27
Merit: 0
December 13, 2013, 07:32:30 AM
#1
Hello,

I am new to this forum and eager to learn.
Reading the Newbies section i understand that many are here to make a quick buck. I don't know how it could happen, being so late in the party, so i will first focus on trying to understand bitcoin.

So i have a question : what is the best exchange in your opinion and why ?
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