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Bitcoin: Does it have a future ?
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#1161 Posted : Wednesday, February 05, 2020 8:32:54 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Ryko wrote:
passiveinvestor wrote:
is there currently a way to cash out of BTC positions and get KES without a killer charge?



Why would anyone cash out BTC now we just finishing a 2yr bear and we about to begin a long year ahead of winding bull market since halving is in 3 months (May).

Anyway, you can use the Paycent Credit Card (USD) it works well in all Kenya bank ATM that is what I use https://paycent.com/paycent-card/

It works like a any normal international card, most charges are ATM charges/conversion. This is an option if you don't want to deal with people/security/safaricom scandals/ bank fraud scandals/mistrust etc


Excellent info @Ryko.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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passiveinvestor
#1162 Posted : Wednesday, February 05, 2020 9:04:52 AM
Rank: Member

Joined: 12/8/2006
Posts: 104
Thanks @Ryko and @mamilli . Looks like Paycent is the most ubiquitous. Though not regulated under any regime. Even though they claim to have UnionPay and Mastercard interoplability, no Mastercard / Unionpay logos on even the card images on the site and no announcement on Mastercard UnionPay sites that I've found.
My challenge has been the spread charged between a prevailing Crypto price and local currency as this never seems to be transparent and even varies from exchange to exchange.
Also, nowhere to resolve issues with Paycent.
But thanks for sharing. Will post here if I find something. Won't be marketing on anyone's behalf ofcourse.
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Ryko
#1163 Posted : Wednesday, February 05, 2020 8:31:50 PM
Rank: Member

Joined: 5/27/2016
Posts: 274
Location: Pub
passiveinvestor wrote:
Thanks @Ryko and @mamilli . Looks like Paycent is the most ubiquitous. Though not regulated under any regime. Even though they claim to have UnionPay and Mastercard interoplability, no Mastercard / Unionpay logos on even the card images on the site and no announcement on Mastercard UnionPay sites that I've found.
My challenge has been the spread charged between a prevailing Crypto price and local currency as this never seems to be transparent and even varies from exchange to exchange.
Also, nowhere to resolve issues with Paycent.
But thanks for sharing. Will post here if I find something. Won't be marketing on anyone's behalf ofcourse.
.
I work so I can afford the amount of alcohol required to continue going to work
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  | | Edit by user: Thursday, February 06, 2020 12:55 PM | Reason: Not specified
Mukiri
#1164 Posted : Thursday, February 06, 2020 11:50:28 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
mnandii wrote:


BITCOIN has now bottomed at $6362.50.

Expect a three wave correction to about $7000 but which should not go below 6362.50.

Afterwards a strong third wave that will take Bitcoin to above and beyond $19280s, the previous all-time high.

All the best in your trading or investment (you'll need Bitcoin to transact soon when your currency goes the Zimbabwean or Venezuelan way).

FOMO currently happening. Patiently waiting for that one last correction, before....

Proverbs 19:21
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Sober
#1165 Posted : Saturday, February 08, 2020 6:03:29 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Mukiri wrote:
mnandii wrote:


BITCOIN has now bottomed at $6362.50.

Expect a three wave correction to about $7000 but which should not go below 6362.50.

Afterwards a strong third wave that will take Bitcoin to above and beyond $19280s, the previous all-time high.

All the best in your trading or investment (you'll need Bitcoin to transact soon when your currency goes the Zimbabwean or Venezuelan way).

FOMO currently happening. Patiently waiting for that one last correction, before....


Just when some people imagined that the Halving was priced in the current state, then the surge towards $10k kicked off. The next bull run may be more volatile than the previous ones, looking at dollar incremental and not percentage rise.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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rwitre
#1166 Posted : Sunday, February 09, 2020 11:19:26 AM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
The way it smashed through 10K.
Onwards to the halving.
DCAs continue accumulating.
Traders either making profit or getting burned.
Holders of last resort remain unmoved.
2020 looking promising.
Fixed supply. Increasing demand. Time will tell.
Applause Applause Applause
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rwitre
#1167 Posted : Thursday, March 12, 2020 3:08:25 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Damn.

This one just cratered.
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lochaz-index
#1168 Posted : Friday, March 13, 2020 7:22:29 AM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Spare a thought for crypto bulls. Bitcoin got a beating of a lifetime yesterday and then some. It fell about 40% nearly touching $4000 and the rest of the cryptos weren't spared either.
The main purpose of the stock market is to make fools of as many people as possible.
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mamilli
#1169 Posted : Friday, March 13, 2020 10:08:21 AM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
rwitre wrote:
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Damn.

This one just cratered.


The "Corona candle" will live in infamy,Bitmex printed lows of 3596 before the exchange 'hang'...talk of inadvertent circuit breaker Laughing out loudly
Never lose your position in a bull market,BTFD.
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Spikes
#1170 Posted : Friday, March 13, 2020 11:24:50 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
mamilli wrote:
rwitre wrote:
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Damn.

This one just cratered.


The "Corona candle" will live in infamy,Bitmex printed lows of 3596 before the exchange 'hang'...talk of inadvertent circuit breaker Laughing out loudly


https://cryptoslate.com/...tmex-hadnt-gone-offline/
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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