Search found 2 matches

by 92f-fan
Mon Jan 08, 2018 3:39 pm
Forum: Off-Topic
Topic: Crypto-currencies
Replies: 202
Views: 42124

Re: Crypto-currencies

bbhack wrote:
92f-fan wrote:I lost interest when I realized buying in and selling are both strictly limited ...
Lets assume you mined a seemingly small number of coins back in the say. Lets say 10 - worth approximately $100k now
How do you get your $100k out ?
In less than 100 transactions ?
Go ...
Is this a real question? You open a Coinbase account, send the coins to your online wallet, sell them for USD, and send the USD to a bank account via ACH. That's all. What difference how many transactions? But I think you could do this in one move.

Getting your accounts set up at the moment is going to be slow, because everything "digital coin" is swamped.
No its a FAKE question designed simply to get your attention ... SMH

The admittedly little research I did showed that many most transactions were limited to under ~$1000 per transaction
And in my example the account would NOT have had many if any transactions to raise any limits.

from coinbase "When do my limits replenish?
Limits are refilled gradually over the course of one week from the time your order is confirmed. For example if you placed a buy order for the maximum amount, your limits would be 1/7th replenished each day and fully replenished after 1 week."
with no details of example limits BUT does cooincide with what I read about limits
https://bitcointalk.org/index.php?topic=1987599.0
by 92f-fan
Mon Jan 08, 2018 2:07 pm
Forum: Off-Topic
Topic: Crypto-currencies
Replies: 202
Views: 42124

Re: Crypto-currencies

I lost interest when I realized buying in and selling are both strictly limited ...
Lets assume you mined a seemingly small number of coins back in the say. Lets say 10 - worth approximately $100k now
How do you get your $100k out ?
In less than 100 transactions ?
Go ...

Return to “Crypto-currencies”