Payment method?

[CherryChillin]

It's a bit of information to learn in the beginning, but really not that hard and once you figure it out it's super easy. I hear Monero is much more anonymous, so I'm planning to look into that although I don't think any or many sources except it currently in. I think it's even more volatile than Bitcoin though. And Bitcoin is pretty damn volatile

How is BTC volatile?

 

[bob hughes]

How is BTC volatile?

Huge price swings. It might go up or down maybe, 30-40% in value in a day. Dont follow it too closely, but i have seen it go from the $500 to $5000 range in just one year. But historically, it can drop very quickly. Which could happen very soon, based on recent dramatic gains. So i try to buy btc and send it back out immediately. On volatile days, wouldnt want to get stuck with btc as price plummets. If i was a source, i would put btc transactions on hold if price is dropping rapidly to avoid big losses. Not sure if any do, but i might. Btc is unregulated, and there are many btc scams, clone sites, etc. Wild west

 

[dontfeedthewhoresdrugs]

Yea how does that work if you get $300 worth of btc and send it to a source and then it is worth $250? Do you have to wait till u get more btc to send to them like wtf

 

[bob hughes]

Yea how does that work if you get $300 worth of btc and send it to a source and then it is worth $250? Do you have to wait till u get more btc to send to them like wtf

Some sources give you an amount in btc, so if it goes up between that time and when you actually buy the btc, you lose $, or if it goes down, the source loses $. I try to order right when i am about to get btc. Other sources say to buy X amt USD in btc at whatever rate it is when you buy. I usually get a little extra due to the fluctuations

 

[Apexvallen]

what that mean?

Cock in mouth.

 

[JohnLong]

Cock in mouth.

Is that your preferred payment method?

 

[Apexvallen]

Is that your preferred payment method?

Haha Nah I'm straight, just couldn't help myself. Bored at work, etc etc.