Bitcoins/Litecoins/Virtual Currencies

Aaron

Aaron

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So I bought some crypto on Coinbase a few years ago. I decided to liquidate it as I need the cash. It went well converting the crypto to Euros (I live in Eurostan), so now I have Euros in my Coinbase account, but I can't for the life of me transfer the Euros out. I've added both my debit and credit cards to Coinbase, but when I go to withdraw, it just asks me to add a new card. There is no option to transfer to an existing card. I feel like I have just been scammed... Anyone else use Coinbase and had this problem?
 
Cad

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scientia potentia est
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Aaron said:
So I bought some crypto on Coinbase a few years ago. I decided to liquidate it as I need the cash. It went well converting the crypto to Euros (I live in Eurostan), so now I have Euros in my Coinbase account, but I can't for the life of me transfer the Euros out. I've added both my debit and credit cards to Coinbase, but when I go to withdraw, it just asks me to add a new card. There is no option to transfer to an existing card. I feel like I have just been scammed... Anyone else use Coinbase and had this problem?
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You should be able to do it, the options probably just look weird, coinbase's site is intentionally hard to navigate. Make sure you're selecting withdraw and then also the cash account to withdraw from (EUR) and your cards should appear. If not go to settings and make sure they're verified and available.
 
Aaron

Aaron

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There is something fishy going on. I click on "Withdraw cash", then I get this window up:

1777404967550.png


Both my Debit and Credit cards are listed in my settings and nothing needs to be done to verify them.
 
Aaron

Aaron

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After a lengthy chat with tech support it seems that my bank (the largest bank in my country lol), doesn't allow deposits from dodgy sites directly into their cards. They also don't allow bank transfers as Coinbase seems to be on a blocked list of theirs. I ended up having to transfer the money to my Paypal account. Well, awesome... I think.
 
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Rangoth

Rangoth

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This will be how they do it….sure it’s your money, but good luck actually getting it into something that can be spent. Europe is fucked but it seems the US is following closely
 
Borzak

Borzak

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You can always just sell gold. Oh wait, the US already made that illegal once before.
 
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Tmac

Tmac

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As long as the congressmen on the finance committee are buying BTC we're good. When they start declaring big chunks of selling, time to gtfo.
 
Flobee

Flobee

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Rangoth said:
This will be how they do it….sure it’s your money, but good luck actually getting it into something that can be spent. Europe is fucked but it seems the US is following closely
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You want to really doom about this, look into how the DTCC is structured and who actually legally owns all those stonks in your account. Buy BTC and hold it in self custody
 
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Flobee

Flobee

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MSTR basically the only newsworthy thing going on in Bitcoin right now outside of Quantum FUD, thats more or less been squashed again. Latest being that MSTR has now stated that they can and will sell BTC (realizing capital losses) to pay STRC dividends and to buy more Bitcoin. Its all a little confusing financial alchemy, but below best breakdown I've seen as to why they may be saying this:



My take on the MSTR stuff is that we'll be in a better world when this kind of crap doesn't exist, but until then its going to happen so enjoy the ride.
 
Cad

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Flobee said:
MSTR basically the only newsworthy thing going on in Bitcoin right now outside of Quantum FUD, thats more or less been squashed again. Latest being that MSTR has now stated that they can and will sell BTC (realizing capital losses) to pay STRC dividends and to buy more Bitcoin. Its all a little confusing financial alchemy, but below best breakdown I've seen as to why they may be saying this:



My take on the MSTR stuff is that we'll be in a better world when this kind of crap doesn't exist, but until then its going to happen so enjoy the ride.
Click to expand...

One of my dumbass normie friends put like $100k into MSTR in like October 2025. Her brokerage account didn't allow her to buy BTC directly so she thought that was just as good.

Cringe Reaction GIF
 
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Haus

Haus

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1778553144279.png

That gave me a very reasonable chuckle....

Which makes me a little sad because NFTs as a technology have a distinct really solid use case/purpose. But it's NOT digital collectables.
 
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