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I got into bitcoin when you could take a credit card and (after a simple verification) purchase Bitcoin that showed up as soon as you pressed purchase, so I've never seen a lag in funds not being there. For me it has always been instantly available. Having said that I've never used my bank account to transfer funds over to Coinbase. You didn't mention how you purchased but if it was through your bank I think a phone call to them is already past due if the funds haven't shown up already- Just for your own piece of mind. As AngieNY said, Most major credit cards are not allowing bitcoin purchases anymore.
For the other part about market/price fluctuations, Welcome to the world of investing buddy. Last year you could get a Bitcoin for less than a $1,000, and two years ago less than $500. If you ever get access to Dr Brown's DeLorean time machine go back to 2012 where you could buy a Bitcoin for $4.00 and and then go sell em in Dec of last year (2017) when it was over $15,000 for one coin.
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Yes I was waiting for BTC to drop (I set an alert for it) when it went down past $11,000 I leapt out of bed at 6am and went to throw $1000 into it and made the purchase... right then it started to rise... min by min and I was waiting for the transaction to hit. 40 min goes by and I'm like WTF?!?!?!??!?! So I looked and my bank cancelled the transaction... by the time I get someone on the fucking phone BTC was at $14000 I was PISSED.
So check your bank Frank
Originally Posted by
MasterBlaster805
I got into bitcoin when you could take a credit card and (after a simple verification) purchase Bitcoin that showed up as soon as you pressed purchase, so I've never seen a lag in funds not being there. For me it has always been instantly available. Having said that I've never used my bank account to transfer funds over to Coinbase. You didn't mention how you purchased but if it was through your bank I think a phone call to them is already past due if the funds haven't shown up already- Just for your own piece of mind. As AngieNY said, Most major credit cards are not allowing bitcoin purchases anymore.
For the other part about market/price fluctuations, Welcome to the world of investing buddy. Last year you could get a Bitcoin for less than a $1,000, and two years ago less than $500. If you ever get access to Dr Brown's DeLorean time machine go back to 2012 where you could buy a Bitcoin for $4.00 and and then go sell em in Dec of last year (2017) when it was over $15,000 for one coin.
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Once you have your blockchain account in order and have done this a couple of times, look for a small store owner willing to deal bitcoin cash in person. It is much more discreet and you can have it sent straight to your wallet without third party hassle from the bank or coinbase.
I say "store owner" because when dealing cash in person you want someone maintaining a reputation and not a moron with nothing to lose.
My guy owns a coin store and just so happens to be a bitcoin guy. He is perfect. He is straight up, no questions, get it done.
He gets a 10% cut and does not care about anything else.
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