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Cashing out your cryptos!
#51
(2018-01-30, 01:14 PM)BobBobert Wrote:
(2018-01-26, 06:55 PM)Jacob Wrote:
(2018-01-22, 12:50 PM)BobBobert Wrote: Making it hard to get out of crypto is one way to ensure its success and growth.  I have not really thought about cashing in my ETH but if my easiest option is to buy another crypto then the pool of cash invested in crypto grows.

I would think that having an easy out would be a cash generator for someone / some bank.

Exchanges that don't allow easy cash out, especially during periods of volatility and demand, will soon be superceded by service providers who are fair, convenient, and available. 

It's extremely unfair to allow people to buy an asset that they can't sell. While I haven't sold crypto for fiat or used crypto to do anything but buy into icos, if the option wasn't there to exit or to buy goods, I wouldn't have got into it in the first place.

When I first got into crypto it never entered my mind how to get cash out!  There were probably a lot of people just like me, very naïve, when Rimbit appeared on IGG.  Glad that there are sensible people like you around to advise us now!

To be frank, the first Crypto I ever bought was Rimbit. And the reason I bought it was because you could buy it easily through credit card or Paypal. It was the first crypto you could buy easily that didn't require payment in Bitcoin.

If I had taken the plunge when I first heard of Bitcoin, most likely I wouldn't have even considered Rimbit, because the Ethereum ICO was around that time. 1 Bitcoin worth of Eth at time of ICO is worth over $2 Million dollars now.

I had an idea of what cryptocurrency would become, and I thought Rimbit would eventually be one of the leaders in the space.

I got my vision for crypto mixed with the promises of Rimbit. If you think you were naive to get into Rimbit, I was doubly so, because not only did I believe CyberHippie's hype, I mixed that in with a fair degree of my own ideal future thoughts. Rolleyes Idea
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#52
Same here... Mark Karlsson and IGG made it for me. Now, I don't trust neither of those two...
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#53
Did someone new this:

https://www.litepay.us/

https://litepal.io/
What is this thing that builds our dreams, yet slips away from us?

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#54
(2018-02-14, 05:58 PM)Hugues Wrote: Did someone new this:

https://www.litepay.us/

https://litepal.io/

Does it sound legit? That's interesting...
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#55
(2018-02-14, 07:45 PM)Cell Wrote:
(2018-02-14, 05:58 PM)Hugues Wrote: Did someone new this:

https://www.litepay.us/

https://litepal.io/

Does it sound legit? That's interesting...

Interesting? Sure!
Legit? I don't know, but these kind of payment processors should exist.
What is this thing that builds our dreams, yet slips away from us?

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#56
Legit sure. Why not?
Cardano is the most promising 3 gen. crypto right now.


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#57
(2018-02-15, 08:31 AM)Carsten Wrote: Legit sure. Why not?

Yes, I wouldn't see any reason why it should not be legit.
What is this thing that builds our dreams, yet slips away from us?

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#58
(2018-02-14, 05:58 PM)Hugues Wrote: Did someone new this:

https://www.litepay.us/

https://litepal.io/
Cryptos which don't have these auxiliary services will soon fall by the wayside.

I commend whoever is beyond these services without necessarily recommending either of them, as I have not used them.
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