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+---- Thread: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there (/showthread.php?tid=5964510)
RE: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there - Vanilla - Apr 27, 2019
(Apr 27, 2019 08:29 AM)Raymond "Red" Reddington Wrote: Tether is subject to fluctuation like any other crypto currency.
read up on it. it might go down like a cent or two lol
RE: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there - dwalael - Apr 27, 2019
(Apr 27, 2019 08:29 AM)Raymond "Red" Reddington Wrote: Tether is subject to fluctuation like any other crypto currency.
no its not its always equivalent to the $
RE: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there - Eagle 95 - Apr 27, 2019
(Apr 27, 2019 08:07 AM)Raymond "Red" Reddington Wrote: Taxes here are 30% for students and easily 40%+ or up to 50% for non-students.
I don't imagine not wanting to pay that makes me broke. 🙂
Have you considered the possibility to open a firm? Firms/companies get lower tax rates where you live, right?
RE: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there - Divined - Apr 27, 2019
Isn't coinbase going to then verify your identity if you have a large volume of transfers? If they look up the address then they'll realize it's CoinBase - get a subpoena and send it to them and receive all your information/IP history and so on.
RE: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there - bloodthorn - Apr 27, 2019
(Apr 27, 2019 08:51 AM)dwalael Wrote: no its not its always equivalent to the $
https://www.tradingview.com/chart/USDTUSD/NydPAFs8-Buying-a-dollar-for-95-cents/
Yes its always equivalent to the dolla $ 🙃
RE: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there - McDolands - Apr 27, 2019
ever heard of usdt little amigo?
RE: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there - PennyBags - Apr 27, 2019
if you're going to store your bitcoin in the same wallet at least make sure you use a coinjoin so it doesn't get linked back to who you really are my dude. Bitcoin isn't as anonymous as people think
RE: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there - campusminger - Apr 27, 2019
storing anything on coinbase is more like keeping your money wide open to everyone lol
They can't be trusted, saying that from my personal experience
RE: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there - Dorrance - Apr 27, 2019
Not the best idea, I thought the same & now I’m banned 🤝 😏
RE: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there - edenether - Apr 27, 2019
Hello, i do not advice you to store your crypto on an external platform.
If you want to avoid the crypto volatibilty, i think the best way is to convert your coins to a stablecoin like USDT, TRUEUSD.....
If you are not an expert to create your own wallet with your own private key, you can use EXODUS wallet , it's a multicoin (thousands..) wallet able to store and instant exchange.
RE: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there - ventoman - Apr 27, 2019
(Apr 27, 2019 01:05 PM)edenether Wrote: Hello, i do not advice you to store your crypto on an external platform.
If you want to avoid the crypto volatibilty, i think the best way is to convert your coins to a stablecoin like USDT, TRUEUSD.....
If you are not an expert to create your own wallet with your own private key, you can use EXODUS wallet , it's a multicoin (thousands..) wallet able to store and instant exchange.
Smart idea, forgot about exodus.
RE: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there - noIdontneedausername - Apr 27, 2019
could you just spend it as bitcoin and buy a physical asset that maintains its value? I wounder if cashing out coins via precious or semi precious metals is viable?
I mean you have people stealing copper from air conditioner units for years so the market is there and its an elemental resource so its supply is only going to go down
RE: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there - BITCHLESS - Apr 30, 2019
You can clean your coins via mix, exchange to wu and pickup cash without showing id.
You will lose some % but you have cash
Or get revolut account.
It's not so hard to create drop account
RE: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there - isu - Apr 30, 2019
(Apr 30, 2019 03:33 PM)Evil Morty Wrote: You can clean your coins via mix, exchange to wu and pickup cash without showing id.
You will lose some % but you have cash
Or get revolut account.
It's not so hard to create drop account
Drop Revolut, gl
RE: CoinBase: Can be used as a bank - You convert your BTC to EUR/USD and keep it there - MaxiPads889 - Apr 30, 2019
Get DAI.. Ethereum stable coin.
Alternatively you can buy in-game gold in an old game (like OSRS) and hold it, although this is only good for small amounts of money imo.
Dont store funds in an exchange.. they aren't your funds if you dont own the private key.