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Bitcoin tutorial! How to pay for items it our store with bitcoin!

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  1. #61
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    Quote Originally Posted by REHH View Post
    Yes Coinbase, blue square with a white C in the middle for the icon. So far good, still pending my first transaction. Have to see how plays out, hoping it clears today, sent it out tonight then have 3k a day limit after that.
    I just did my first transaction a few days ago. But it said 9 days to clear.


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    Quote Originally Posted by REHH View Post
    Yes Coinbase, blue square with a white C in the middle for the icon. So far good, still pending my first transaction. Have to see how plays out, hoping it clears today, sent it out tonight then have 3k a day limit after that.
    I think you're seeing the daily limit but not the instant buy limit.
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    Ok the app didn't give me that info, went to the website and could see all the limits. I was able to do some verification and my limit was raised to 1,000.00 instantly so I went ahead and purchased all the bit coins I needed. So now have two pending transactions.

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    I had to purchase across various apps to accumulate enough BTC but then made the horrible mistake of transferring all of the coins to my Circle wallet. Apparently, in addition to limiting the number of coins that you can buy/sell, Circle limits the number of coins you can transfer so my coins are now trapped. Going to have to buy from a local BTC ATM and transfer directly.

    Also, Coinbase is now blocking me from buying and I think it's because I tried to buy while traveling internationally. Their support has yet to respond.

  5. #65
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    Wow, this is starting to sound like a royal pain in the ass.
    lll-lll Rest in peace Big Lou lll-lll

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    Quote Originally Posted by TouaregV8 View Post
    Wow, this is starting to sound like a royal pain in the ass.
    Yeah. It seems easy if you've been doing it for awhile and have accumulated high limits or you only spend $300/week and can simply use Circle. Otherwise it's a clusterfuck.

  7. #67
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    Bitcoin tutorial! How to pay for items it our store with bitcoin!

    Ok so using Coinbase, i purchased bitcoins about 9 days ago and they cleared (as they said they would) today. But I'd must admit its a little frustrating that you have to wait so long. Probably because they need a way to keep stock from fluctuating too often from guys like us just buying and immediately selling. .


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    Yeah I still have two pending transactions, supposed to clear by tomorrow, its a royal pain in the ass. Even when u build up your limits coinbase will still lock up your money for 9 days, sucks ass!

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    Quote Originally Posted by AgentSmith View Post
    Ok so using Coinbase, i purchased bitcoins about 9 days ago and they cleared (as they said they would) today. But I'd must admit its a little frustrating that you have to wait so long. Probably because they need a way to keep stock from fluctuating too often from guys like us just buying and immediately selling. .


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    Its that plus attempts to prevent fraud.

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  10. #70
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    It still fluctuates fairly often. Mine were up yesterday and down today. So far not very promising in my book.


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    So it sounds like the best way to do this is to purchase BTC in advance even if you don't plan on placing any orders here with our sponsors and maintain a balance in your bitcoin wallet at all times so when you do decide to order gear the BTC is available???
    lll-lll Rest in peace Big Lou lll-lll

  12. #72
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    Quote Originally Posted by TouaregV8 View Post
    So it sounds like the best way to do this is to purchase BTC in advance even if you don't plan on placing any orders here with our sponsors and maintain a balance in your bitcoin wallet at all times so when you do decide to order gear the BTC is available???
    Yup...and also hope you haven't lost money in the process. But beggars can't be choosers I guess


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    Circle with a debit card. Took about 12 minutes from sign up to send

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    Quote Originally Posted by AgentSmith View Post
    Yup...and also hope you haven't lost money in the process. But beggars can't be choosers I guess
    True. Thanks, AS. I think I'm going to start buying $100USD/wk in BTC and start building up a balance in there so it's ready to go when I need it.
    lll-lll Rest in peace Big Lou lll-lll

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    My money cleared today; bout 55 dollars in coinbase fees for one order.....bullshit!

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