Yeah this is a bit f’ed. I had a good system going for a while. I can access the money through my Visa Shift card and spend it etc at merchants or something. But, I specifically bought Bitcoin to send Bitcoin. l could use Etherium or Litecoin, but I don’t know much about them. I wonder if their transfer fees are set up differently? I guess details like these are going to distinguish cryptocurrencies from each other in the future. Also, what is with Bitcoin Cash? I saw it pop up on my Coinbase and they put a few dollars in that account. No idea where it came from, maybe a result of the fork?
https://techcrunch.com/2017/12/20/coinbase-bch-bitcoin-cash-api-reddit/
On Tuesday, when Bitcoin Cash hit Coinbase, the popular user-friendly U.S.-based exchange, cryptocurrency’s reputation as the financial wild west was on full display.
While anyone following along was well aware that Coinbase planned to add Bitcoin Cash, the currency created in August’s Bitcoin hard fork, things still got weird immediately. After some suspicious pre-launch climbing, Bitcoin Cash’s Coinbase launch immediately saw prices soar to almost three times those listed on other exchanges.
That “significant volatility” led Coinbase to freeze transactions for its newest asset, creating plenty of confusion in the process. Just a few hours later, the company disclosed that the chaos had prompted an insider trading investigation, a surprising concession after some in the cryptocurrency world cried foul (to be fair, they are often crying foul).
While it’s not yet wholly clear what was going on, many digital currency enthusiasts have pointed to a Reddit thread from three days ago titled “ATTN: Bitcoin Cash added to Coinbase API (EXTREMELY BULLISH)” that claims to have spotted evidence of Bitcoin Cash’s addition on a Coinbase API key permissions screen.
, plus nobody wants to use money that only exists on the web.