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Post by Henry James on Jan 9, 2016 18:23:08 GMT
 1 Compuceeds = 1 Euro
1 Euro = 1.09255 USDPrices are going up on all indices. The question is, what would be your strategy?? |
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Post by Henry James on Jan 9, 2016 18:24:59 GMT
Please note that LocalBitcoins is currently buying and selling 1 Bitcoin at a higher rate. Why? Because they are not exchangers. They chose peer to peer exchange.
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free1
New Member
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Post by free1 on Jan 9, 2016 18:27:58 GMT
So I guess i'm lost because I don't understand how this effects us?
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Post by apauloo1 on Jan 9, 2016 18:37:17 GMT
generally.looking at the historical chart...it does look like an upward trend overall...however no body has a crystall ball
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Post by pointlab on Jan 9, 2016 18:38:10 GMT
Henry,
At Bitcoins value today, say $450/ Bitcoin, how many Compuceeds are equal to one Bitcoin?
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Post by pointlab on Jan 9, 2016 18:44:17 GMT
Henry,
Would you suggest we sign up for the LocalBitcoins site? Looks like this is AML Non compiiance.
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Post by kkeen842 on Jan 9, 2016 19:00:34 GMT
With small amount of operating capital, looking like some arbitrage opportunities with LocalBitcoins!?
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Post by mrscountry on Jan 9, 2016 19:09:50 GMT
That was what I wanted to know pointlab, both Q's. LocalBitcoins is looking good. LOL
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Post by saturnman on Jan 9, 2016 20:09:00 GMT
Henry, At Bitcoins value today, say $450/ Bitcoin, how many Compuceeds are equal to one Bitcoin? the exchange rate $ to euro changes all the time, but at 1.09 $ to 1 euro it takes about 410 Compuceeds to get 1 Bitcoin. Any exchange will have some fees attached, therefore probably closer to 420 or so Compuceeds |
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privi
New Member
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Post by privi on Jan 9, 2016 20:31:01 GMT
I'm not familiar with Bitcoin transactions. So when you use Bitcoin to buy products one Bitcoin is worth aprox. $450.00? I would need 5 Bitcoins to buy a $2000 computer? Lol and then how do they pay the left over in Littlebittycoin ?
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Post by wdavid99 on Jan 9, 2016 21:02:26 GMT
I'll be buying some. I need immediate cash since I lost my job.
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Post by momof3kcn on Jan 9, 2016 21:57:46 GMT
I will be buying some too...also I was researching all the places that actually accept Bitcoin for payment now & the list is growing.
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Post by pointlab on Jan 9, 2016 22:54:19 GMT
Henry,
Are you suggesting that members search for their own Bitcoin exchangers? How will all these different exchangers fit in with our new Portal and are there any current Bitcoin exchangers that now accept Compuceeds?
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Post by goldeagle on Jan 9, 2016 23:03:22 GMT
I'm not familiar with Bitcoin transactions. So when you use Bitcoin to buy products one Bitcoin is worth aprox. $450.00? I would need 5 Bitcoins to buy a $2000 computer? Lol and then how do they pay the left over in Littlebittycoin ? Hi privi, I believe that this is how it works. If you have one bitcoin and you spend $333.333333 from your bitcoin value you will have $116.666667 left in your account. The beauty of it is, is that there is no rounding off to the nearest dollar as happens with fiat currency, you keep every single cent. If this is incorrect, some one will correct me. Regards goldeagle |
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Post by missmix48 on Jan 10, 2016 5:11:32 GMT
Do I have this idea right? If I have the right amount to buy 1 Bitcoin, let's say from coinbase; Will coinbase sell me the Bitcoin for those cryptoceeds? Then If that is right will coinbase exchange that Bitcoin for fiat cash say in American dollars?
Is that the way this will work?
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