Search content
Sort by

Showing 9 of 9 results by aBitNew
Post
Topic
Board Exchanges
Topic OP
Best exchange to use in Thailand for selling Bitcoin (bx.in.th & bitcoin.co.th)?
by
aBitNew
on 08/01/2016, 17:33:17 UTC
I would like to have the ability to sell some of my Bitcoins and transfer the fiat to a Thailand Bangkok Bank account.

From a bit of Googling, it looks like bx.in.th and bitcoin.co.th are both reputable exchanges. Does anyone have any experience with either of these? Or, is there another you would recommend?

Thanks for the advice!
Post
Topic
Board Exchanges
Re: Bitcoin exchange in Europe?
by
aBitNew
on 29/12/2015, 10:32:24 UTC
Well, to protect my bitcoins I decided to use Coinbase's multisig vault. I'm also trying to open an account with Kraken, but they're throwing some hoops in my way to get me to "prove" residency in France before approving my account.
Post
Topic
Board Exchanges
Re: Bitcoin exchange in Europe?
by
aBitNew
on 27/12/2015, 07:51:12 UTC
Do you recommend Kraken over BitFinex?
Post
Topic
Board Exchanges
Re: Bitcoin exchange in Europe?
by
aBitNew
on 25/12/2015, 07:47:01 UTC
I'm really new to bitcoins, so thanks for your help!

I purchased bitcoins on Coinbase and they are now in my Coinbase wallet. I am wanting:

1. To move them to someplace safer than a U.S. based exchange
2. Have the ability to sell some of my bitcoins as needed in exchange for fiat (Euros) and easily transfer to my French bank account

I have read about offline wallets (storing on my laptop), but it concerns me because if my laptop were stolen I would be screwed.
Post
Topic
Board Exchanges
Topic OP
Bitcoin exchange in Europe?
by
aBitNew
on 24/12/2015, 17:38:24 UTC
I've read Coinbase works with European banks, but the fact that it's based in the U.S. is very concerning to me (I assume they would have to hand over my bitcoins if Uncle Sam decided he wanted them).

Are there any reputable bitcoin exchanges that are not based in the U.S. that work with European (and specifically French) banks?
Post
Topic
Board Speculation
Re: With the recent price jump, is now a bad time to buy?
by
aBitNew
on 18/12/2015, 09:50:18 UTC
Well, it seems I should have bought more! I didn't realize the price would just keep going, up, up, up  Cheesy
Post
Topic
Board Speculation
Re: With the recent price jump, is now a bad time to buy?
by
aBitNew
on 11/12/2015, 09:48:24 UTC

Don't know about Coinbase specifically, but in general leaving your money with some small company in a jurisdiction you may or may  not share is not a very safe idea. In fact, I'm pretty sure trusting third parties with their funds accounts for the majority of BTC lost by Bitcoin users.

I'm new to Bitcoin -- what's the alternative to Coinbase? I've read you can store your wallet on your computer, but I would be afraid to do that because then I'd lose everything if my computer crashed or was stolen, right?

I need to read more on how Bitcoin works..
Post
Topic
Board Speculation
Re: With the recent price jump, is now a bad time to buy?
by
aBitNew
on 10/12/2015, 06:08:05 UTC
if you decide to buy it through Coinbase, it's probably best if you transfer it right out of there and into a safe wallet. 

Can you elaborate on what you mean by "it's probably best if you transfer it right out of there and into a safe wallet"? Is Coinbase unsafe for some reason?
Post
Topic
Board Speculation
Topic OP
With the recent price jump, is now a bad time to buy?
by
aBitNew
on 09/12/2015, 08:51:08 UTC
I'm wanting to invest around $5k USD in bitcoin, primarily just to get cash out of my bank. I've had a Coinbase account for about a year but only used it for a few small transactions, so I'm not very knowledgeable about it.

With the recent surge in price, do you think now would be a good or bad time to buy? I realize there's no way to know for sure what will happen, but am curious if you think the price is going to drop back down soon or if I should buy in now before it rises more.