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

AgentSmith · Dec 24, 2015

REHH said:
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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galois · Dec 24, 2015

REHH said:
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.

REHH · Dec 24, 2015

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.

galois · Dec 28, 2015

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.

TouaregV8 · Dec 28, 2015

Wow, this is starting to sound like a royal pain in the ass.

galois · Dec 28, 2015

TouaregV8 said:
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.

AgentSmith · Dec 28, 2015

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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REHH · Dec 30, 2015

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!

Guillotine · Dec 30, 2015

AgentSmith said:
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.

sent from a remote bunker while banging a Terminator Model T-X

AgentSmith · Dec 30, 2015

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

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TouaregV8 · Dec 31, 2015

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???

AgentSmith · Dec 31, 2015

TouaregV8 said:
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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CG · Dec 31, 2015

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

TouaregV8 · Dec 31, 2015

AgentSmith said:
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.

REHH · Dec 31, 2015

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

TouaregV8 · Dec 31, 2015

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

WHAT!?!?!?!?!? I may as well just stick with WU and their bullshit.

AgentSmith · Dec 31, 2015

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

How much did you get. I paid about 2$ for a 25$ (trial run) buy.

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REHH · Dec 31, 2015

AgentSmith said:
How much did you get. I paid about 2$ for a 25$ (trial run) buy.

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A little less than 9

TouaregV8 · Dec 31, 2015

Damn, REHH. You bought 9 BTC? U ballin' brother.

REHH · Dec 31, 2015

TouaregV8 said:
Damn, REHH. You bought 9 BTC? U ballin' brother.

Haha...... no ...hell no, 900.00 , about 2 btc

iceman1977 · Dec 31, 2015

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

I think we all missed cgrants post.

What were the fees charged and how long have you had the account?

Was there a history of transactions prior to this?

REHH · Dec 31, 2015

Luckily I put in 100.00 more than I needed by mistake otherwise I'd have to buy more btc and wait another 7-9 days just to cover the fees...... :jerkit:

galois · Dec 31, 2015

REHH said:
Luckily I put in 100.00 more than I needed by mistake otherwise I'd have to buy more btc and wait another 7-9 days just to cover the fees......

You sure it was fees and not just BTC price fluctuation?

REHH · Dec 31, 2015

galois said:
You sure it was fees and not just BTC price fluctuation?

The app doesn't give exact info but on the graph looks like it's gone up about 5 bucks since bought

AgentSmith · Dec 31, 2015

This sounded so promising a few weeks ago....now i just got a fucking headache

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galois · Dec 31, 2015

AgentSmith said:
This sounded so promising a few weeks ago....now i just got a fucking headache

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To me it still seems the way to go in the long term. Short term it's a pain to set up if you exceed Circle limits.

Get2daChoppa! · Dec 31, 2015

Two things

Mail

Bucks

*mindblown*

Sent from The 36 Chambers of the Wu Tang Clan

Basicstero · Jan 1, 2016

Guys there is a perfect site where you can get bitcoins without identification. You can even pay by cash and get bitcoins. Look here https://localbitcoins.com/
Some our customers in Australia and USA use it.

CG · Jan 2, 2016

iceman1977 said:
I think we all missed cgrants post.

What were the fees charged and how long have you had the account?

Was there a history of transactions prior to this?

No fee

Under 200 usd transaction

No prior history

Funds available within an hour.

REHH · Jan 2, 2016

cgrant said:
No fee

Under 200 usd transaction

No prior history

Funds available within an hour.

That sounds good. what is the limit?

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

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