BCH just got added to Coinbase !!!
And people are going nuts. Coinbase is currently down. WWYD.
I just got 0.4 BCH cause I had that amount in BTC back when the fork happened. Suddenly I just earned 4,000$
Get rid of coinbase already.
Delete coinbase
Why? It's by far the best exchange out there, insured, fast, zero fees. What more so you want? Yes it goes down often, hard to keep up with that much demand but that's solvable.
GDAX >> Coinbase Same company, better product
Lol just screwed myself by buying BTC earlier today at $18.5k. I'll HODL and pray
I see that some of you are using Coinbase to buy crypto. Please stop doing that. Instead, use gdax (which is also owned by Coinbase, use same creds to login) to eliminate/significantly reduce broker fees. Coinbase is for normies and this ease of use comes at a price. There's a good reason Coinbase doesn't openly advertise this... http://www.coinstreet.io/one-simple-trick-to-avoid-coinbase-fees/
Wow. Thanks for this.
So seriously, when do you guys think this bubble is gonna burst? Throughout history it took other bubbles a while... Will it take at least 6 months? Altcoins are going up at over 20% / week, at this rate you need less than 6 months to turn $5K into $5M
No need to go all in, gamble on a few k's and check back in a year
Yep that's what I'm doing. Started about 4 months ago, 14k is about 70k now. Just sold 14k of btc and holding the rest, might sell some more at the year mark. Planning on hodling most of the gains for a couple of years. A lot of people are still getting into this so there is room for price increase
Agreed, however I think it'll be some time before the "bubble bursts", until then I think prices will keep rising. Also when the burst happens I think it's gonna be more of a correction in price as opposed to a complete meltdown. I'm keeping what I gained as a big gamble since this is new territory and if I turn out wrong I can make a ton more. If I turn out right, I will end up still making some money since I'm mainly playing with the "house money" at this point. I'm expecting the burst won't happen for a while. After starting in crypto I read about hodl and how people who didn't sell in dips and rises ended up making a ton in the long run. So I kept my btc even after price dropped about 30% at some point. My bet is many people will think like I did and just keep the money in there for a while. Net net it's a big gamble and money im willing to lose
I am hearing the Coinbase pop is a bug on Coinbase. Can anyone confirm?
This may indeed be a bug. BCH is trading at around 3800 on other exchanges
Not a bug, pure market manipulation at its finest. Very wealthy individual tried to push the price up while liquidity is thin. Coinbase stopped the trading after 3 minutes. Some people got hurt really bad
@YourVP: Quite possible. Is there any public news about this that I can read? Would certainly like to learn more.
How does the fork work? To the people that got BCH when they held in August where does the money it's worth come from?
Starting at a certain block on Aug 1 they started mining new blocks with a different protocol. So if you had unspent transaction outputs (bitcoin money) then you have BCH on this new fork. Both BCH and BTC kept mining blocks with different protocols (BCH has bigger blocksize). Itās funny cause it looks like you just got money out of thin air. In October or November there was yet another fork from BTC called Bitcoin Gold. (BCG). If you have bitcoin from before that timeframe you also have BTG. Since Coinbase doesnāt support it at the moment youāre not hearing too much about it. One BTG is about $490 as Iām typing this up right now. I have no idea what will happen going forward with that. Itās all pretty crazy right now. So entertaining!
Thanks!
Yes. Check other exchanges
Double check the amount, I had about 2 btc before the fork yet only got 1 bch. Emailed support. Did anyone notice anything similar?
I have the expected amount of BCH.
Thanks, I hope they fix mine.
My trades were all confirmed in July. The missing amount is exactly 1 btc. Looking at the history again, I had 1 btc being transferred from my coinbase btc vault to my coinbase btc wallet initiated in late July and confirmed in early August.