# Anyone end up investing in Bitcoins? **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [October 21, 2013, 8:34pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431 "2013-10-21T20:34:08Z")\ **Posts on this page:** 20\ **Page:** 34
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [December 18, 2017, 2:09pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/661 "2017-12-18T14:09:28Z")
just bought 300 ripple with BTC. i have no idea what i am doing…lol used binance. the UI is terrible. ---
**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\ **Post date:** [December 18, 2017, 2:17pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/662 "2017-12-18T14:17:43Z")
Theres an advanced mode and app make it better ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [December 18, 2017, 5:49pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/663 "2017-12-18T17:49:26Z")
@bing are you ever going to try einstein lol It’s in vancouver, and if you feel like driving there, they can verify you in person within seconds haha I really like the platform and layout, worked well for me, and they carry all my favs. ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [December 18, 2017, 6:07pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/664 "2017-12-18T18:07:54Z")
looking into it now. QuadrigaCX seems to be the favoured Canadian exchange at the moment but looks like Einstein is for real as well. I will stick with binance and coinbase for now. i do not anticipate ever needing to do any withdrawals anyways. These are long term plays and i’m already a couple grand in so i dont think i’ll really be putting too much more cash into this. maybe another $1k on dips and get some of the altcoins and keep researching. ---
**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\ **Post date:** [December 18, 2017, 7:20pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/665 "2017-12-18T19:20:33Z")
625bil market cap. Most action in altcoins. I think people are looking for “the next bitcoin” in terms of roi. I don’t think 1 trillion is going to happen by 2018. ---
**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\ **Post date:** [December 18, 2017, 9:30pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/666 "2017-12-18T21:30:24Z")
When stocks gain 1000+% because the execs utter the words “crypto” or “block-chain”…YIKES. ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [December 18, 2017, 10:44pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/667 "2017-12-18T22:44:45Z")
Submitted complaint to BBB and US Consumer Financial Protection bureau against Bittrex. They randomly downgrade people’s already verified accounts and now funds are stuck. Luckily I did a test run and the 200$ worth of stuff I deposited (now 700 YAYYYYYYYYYYYYY) is locked. Add yourself here if you’ve been affected [https://bitcointalk.org/index.php?topic=2465829.new#new](https://bitcointalk.org/index.php?topic=2465829.new#new) 40+ days to answer a customer is unacceptable. I’ve logged 4 other support tickets with Gemini, coinbase and bitstamp. All answered within 3 days. - - - Updated - - - [https://www.change.org/p/bill-shihara-unblock-bittrex-user-accounts](https://www.change.org/p/bill-shihara-unblock-bittrex-user-accounts) Feel free to sign. ---
**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\ **Post date:** [December 19, 2017, 5:32am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/668 "2017-12-19T05:32:31Z")
People want the wild west of unregulated crypto and then cry to [change.org](http://change.org), BBB, and Consumer Financial Protection bureau :lol: :lol: :lol: :lol: ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [December 19, 2017, 7:14am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/669 "2017-12-19T07:14:57Z")
yeah the exchanges are trying to be the next big thing too. Consider the coinbase from their wiki : [Coinbase - Wikipedia](https://en.wikipedia.org/wiki/Coinbase) > In January 2015, the company received a US$75 million investment, led by Draper Fisher Jurvetson, the New York Stock Exchange, USAA, and several banks I remember using paypal like this when it was young. charge backs were a nightmare and i literally got into a swearing match with an agent when my bank was charged $3k twice. But it got better. You may have seen my complaints about paypal but it is still a marvel that they made it work as well as it does. Coinbase will be the same. the UI is pretty good. once they are solving all the inevitable service issues it be fine. They have to be liquid (efficiently converting BTC and altcoin to US dollars to pay people) then scale up with trained customer service programs then be casflow positive… then they’ll IPO or be merged into the NYSE i suppose. ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [December 19, 2017, 7:18am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/670 "2017-12-19T07:18:18Z")
Replace “Christmas” with “Crypto” any time you hear a Christmas song. ---
**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\ **Post date:** [December 19, 2017, 7:27am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/671 "2017-12-19T07:27:02Z")
All of this crying about American based exchanges is going to get a ton of regulation passed down really fast and crush things 🙂 ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [December 19, 2017, 7:41am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/672 "2017-12-19T07:41:40Z")
i dont think so. the real volume and trading revenues will come with mainstream adoption. The only way that happens is when these exchanges can behave like normal businesses dealing with normal people who can confidently use their services without technical risks of losing their money. to be honest i think the various western governments are doing a decent job of gradualizing regulation into the field. I believe this is the case because of how international crypto is. if the US over-regulates relative to China people can easily send their money there and then China will have all the data instead of the US. making your domestic market crypto-friendly is an important economic battle-front. the fact that coinbase cannot withdrawal into Canada is clearly a Canadian step to try and get our services time to develop as well. Our big 5 banks or exchanges would not want to be left out. ---
**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\ **Post date:** [December 19, 2017, 8:22am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/673 "2017-12-19T08:22:08Z")
> [@LZ](#): > > All of this crying about American based exchanges is going to get a ton of regulation passed down really fast and crush things 🙂 This. All the hooplah & volatility is going to rape a bunch, a handful of those raped will become vocal and the wild west will cease to provide (fairly) rogue profit. ---
**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\ **Post date:** [December 19, 2017, 8:34am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/674 "2017-12-19T08:34:20Z")
> [@bing](#): > > i dont think so. the real volume and trading revenues will come with mainstream adoption. The only way that happens is when these exchanges can behave like normal businesses dealing with normal people who can confidently use their services without technical risks of losing their money. > > to be honest i think the various western governments are doing a decent job of gradualizing regulation into the field. I believe this is the case because of how international crypto is. > > if the US over-regulates relative to China people can easily send their money there and then China will have all the data instead of the US. > > making your domestic market crypto-friendly is an important economic battle-front. the fact that coinbase cannot withdrawal into Canada is clearly a Canadian step to try and get our services time to develop as well. Our big 5 banks or exchanges would not want to be left out. Bitcoin can’t be main stream adopted for payments which leaves you with ETH/LTC which most normal people have access to via Coinbase/etc. If people get burned because of some crash the US will come in a stomp on these exchanges killing main stream consume confidence. If you think using some anonymous crypto currency on an exchange from another country is something the US is going to support :lol: :lol: What incentives does the US have to not have full control over currency used in the US? You would need a coin like Monero(or other coin with privacy in mind) to take off if you want people in the US being able to use an exchange in other country on any massive level. ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [December 19, 2017, 10:11am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/675 "2017-12-19T10:11:44Z")
i meant making the exchanges actually function as intended. a lot of people (in canada) cant even get their money into an exchange without it being fucked up. i’m nervous about it too… not hacking per se, just poorly managed exchanges with no customer service at all. the volatility is not the governments concern, people should know what they are getting into. but exchanges or wallets that either steal or don’t protect people’s assets would be a welcome place for regulation and i believe that is already happening. ---
**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\ **Post date:** [December 19, 2017, 4:34pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/676 "2017-12-19T16:34:59Z")
Bitcoin cash got added to GDAX/Coinbase 20min ago ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [December 19, 2017, 4:48pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/677 "2017-12-19T16:48:15Z")
@bing time to get an offline wallet instead of keeping it in an exchange? ---
**Author:** ![llink78](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/llink78/32/8037_2.png) [@llink78](https://forums.speedlife.net/u/llink78)\ **Post date:** [December 19, 2017, 5:40pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/678 "2017-12-19T17:40:04Z")
Been trying to buy bitcash at 3100 for like a 1/2 hour. Just saw it soar and still have not been able to buy 🙄 ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [December 19, 2017, 5:49pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/679 "2017-12-19T17:49:32Z")
yeah coinbase is reporting it at $8500ish up 290% but that is a flash. other exchanges are showing it at $3600-ish still. i shoulda bought BCH instead of XRP. However, bitcoin dropped from $19,600 the other night to just under $16,000 a few minutes ago and i got in on that a bit. ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [December 19, 2017, 6:07pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/680 "2017-12-19T18:07:43Z")
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