Fukog

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joined jan 2021

share Fukog and generate bitcoin with reference codes.

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3 posts by Fukog

1 post

+3 votes

on {hiring} {for hire}

Have I missed the boat?

Btc is becoming a ‘gold’ for crypto, they aren’t related in the same way as gold/silver but that’s its position now. Basically BTC is slowly becoming …

on {hiring} {for hire}

Have I missed the boat?

So I’m thinking of investing in Bitcoin but the problem is I’ve had my eye on it for a while now and it’s not moving very much. Is there a boom or a drop predicted any time soon?

Thanks in advance.

pollypuff20

You need the mentality to ride the volatility. The press love to deride btc when prices drop 10-20% but that’s just another normal day in the crypto-verse! The fact that forecasting asset based values are so often wrong, forecasting crypto is basically nuts. If I had to predict anything it’s this: the rich are going to do far better out of crypto than the man in the street....

Parkedman

BitCoin is a terrible medium for buying items!! It is like Weimar Germany, prices increase over night due to currency fluctuations, 4% in the last twelve hours!

admiralBishop

if the mark had performed like bitcoin germany would have been rich and ww2 avoided.

bigorre

When I discovered LB back in January, I also discovered how to buy Bitcoins. At the time, I ended up buying £3 worth of Cardano. Why? Completely at random because the coins were very very low and I thought why not... I'd forgotten about those until today when I realised they had risen by 500% since. Wish I'd invested £3000 instead! Some say it could reach $10 within a few years.... It's currently on $1.13... Who knows if it's worth investing in!

howlateisnow

yes but the hovercraft departs in 15 mins

Jonnyutah

Timing the market is hard. When btc was 36k I took 25% out expecting a pull back then again at 44k and it just hasn’t happened yet. Lots of people are expecting btc to hit 100k by the end of this year and eth 10k... if you’re holding long term go for it and don’t worry about the volatility.

Not crypto related but any one get on the wallstreetbets shit with gme?

Jimmy_Bison

A friend of mine did but entered around 280. I thought about joining him but I felt I was too late so I looked for the next big thing. Dogecoin. Just left that with £400 profit, got in around early 2p and left late 4p.

If you ask me BTT is going to be huge (not financial advice, I’m a retard) and it’s dirt cheap at the moment.

Good luck biggaz.

Ps. My tip is to join Reddit, join your crypto subreddit and monitor the hype, not the charts.

Petitefleur 10/10

That last part is very good advive

Nickm

Speculating on Btc isn't investing. It's gambling.the usual advice regarding gambling applies- only bet what you can afford to lose.

2 posts

+2 votes

on Slimsnting

Bitcoin fees crazy

Confirmations are processed based on sat rate, low fees mean it could take forever to arrive, I’ve had payments take 48h+ to arrive on low sat + 2 more

on Slimsnting

Bitcoin fees crazy

Hi All, What is the best time of day (Uk) to send bitcoin so fees are not madness. Currently being asked to pay a transaction fee of £25 for a £20 order which isn't going to happen. Would rather not buy. Crazy fees. Surely another payment method should be added on lb if this continues. Thanks

Sentinel21

Well, it depends on BTC price and wallet you are using. Can't really complain, because I use ledger nano s, but yea, the second option should be available. For example, XRP has the fastest and if I'm not mistaken, the cheapest transactions.

Slimsnting

Ok cool thanks mate. think i need to level up on my Bitcoin wallet game as any commercial bitcoin apps seem to be way higher.

Bitterlemon

I'm using Electrum. I sent 0.0014 to someone yesterday and the fee was 0.0002.

Slimsnting

Ok thanks mate. Explained really well. Think i will keep the coin for a while until the situation gets better fee wise. Just isnt worth it at the minute. Will go local for now. Shame as im sure im not the only one is this situation. Another payment method on lb one day will be good as this way is getting expensive. Hopefully the day will come when you just pay as advertised without any extra fees.

Catsbananas

I’ve only bought a few times and I use Blockchain but late evening/night time seems to bring the fees down. Or have I just been lucky? It has been suggested on lb to send custom fees and set it low(ish) which will take longer to send but will be cheaper. But what I’m unsure about is when placing an order it says pay within 30 minutes (I think that’s right?) Does that mean the actual funds within 30 minutes or the instruction? ie can you set the instruction to send over several hours but set it in motion within 30 minutes? Does anybody know? :)

Tony888

Usually depending on what wallet you use you can set the time the payment takes to go through. From ‘fast’ around 30 mins to ‘medium’ a couple of hours or ‘slow’ for 24 hours. Of course the fee is higher the quicker the transaction. The OPs charges sound really high. Mine is around £7 for the 30 min option and I use Mercuryo wallet and bittylicious for purchasing Bitcoin. Both very good and reasonably priced compared to others. Also both have really good help/chat service that can walk you through any issues.
Put in an order over the weekend for $100 and the transaction fee was around £7.
Strongly advise the OP ditches whatever service he’s using as it sounds expensive.
And yes, later in the evening/early hours is a much better time to do any transactions.

Slimsnting

Thanks mate.

Tony888

No worries. At the end of the day BTC isn’t dirt cheap to use generally, there’s always costs and fees involved. The upside is that it’s very difficult to trace payments and is great if you need anonymity like we all do here! The usual trade off. ;)

Catsbananas

Do you know if you can set it to really low, say 24 hours but still get it to the vendor on time? On Blockchain I choose the within 1 hour option and it registers as “sent” usually within a few minutes but the “activity” tab shows as still processing for 1-2 hours or so but all is ok with the vendor. So do I have to send it so quick? Am I making sense? :)

Catsbananas

Do you mean a payment sent to a vendor took 48hrs? If so did your order “process” within the 30 minutes? Or did it cause a problem?

Tony888

Good question!
Yep, I understand what you’re getting at. The simple answer is I’m not sure as I’ve never tried to send here slower than 30 mins simply because the payment timer here is set to 30 minutes.
I suppose it’s probably worth getting in touch with the vendor to see if they’re happy to have a slower payment, AND that the payment still goes through after the thirty minute timer IF it’s set to 24 hours?
I have no idea why LB payments have that 30 minute timer, perhaps someone here knows the answer who can share that info?