1PHDHR4uGD9TZiPxJkE27ghqWYByhpFBNT ·
@292 I spoke with Fabriik to learn about what they offer. buybsv.com powered by coinify was a quite opaque, 48-72 hour process where I never knew the price I was acquiring BSV for in fiat $ until after the fact. Plus there were undisclosed bank fees. 1/2
Replies
1PHDHR4uGD9TZiPxJkE27ghqWYByhpFBNT ·
If you have time, what history can you share about Fabriik? Does CoinGeek have a relationship with Fabriik? I like what I know about Fabriik so far and I think it will be a far more transparent and superior experience for me to acquire BSV. Thank you. 2/2
1JhKv5bs1wpHRYFAQS4qF5zhKfAnXAy2UL (200) ·
I know their founder is a BSV advocate, and knows Calvin. I don’t know how the business relationship part stacks up, but I do know that Fabriik isn’t fully launched, so I would expect them to be a little goofy for bit. They should be huge at launch though.
1LeVwABdDk7BywKon6U1uMm7SrnTcSsHc2 ·
I would use Coinbase or another exchange to buy another crypto and use a swap service like simpleswap.io to turn into BSV. It’s really transparent. You know how much you are putting in and what you are getting.
1PHDHR4uGD9TZiPxJkE27ghqWYByhpFBNT ·
I was honestly impressed on my 30 minute call. Min order size is not for everyone, tho'. Fabriik has way lower fees / overhead for me to accumulate. I'm in real estate and have been in technology. I view BSV as raw land on which I/others can build.
1PHDHR4uGD9TZiPxJkE27ghqWYByhpFBNT ·
Great suggestion, thank you! My experience with Coinbase is their high fees. Fabriik has way lower fees / overhead for me. Min order size is not for everyone, tho'.
1JhKv5bs1wpHRYFAQS4qF5zhKfAnXAy2UL (200) ·
Exactly! People don’t know how big of an opportunity there is in BSV right now. When the time comes to realize it, it’ll be too late to really benefit from the upside.
I think Fabriik will be a pillar of that success in many ways.
1PHDHR4uGD9TZiPxJkE27ghqWYByhpFBNT ·
I had to smile when I watched your interview of Randy where you described BSV as land that has oil, you're buying up the land. Because I've explained BSV as "raw land to build on" to others. Another metaphor is buying part of a disruptive software company.
1JhKv5bs1wpHRYFAQS4qF5zhKfAnXAy2UL (200) ·
100%
The entire world is going to need the fuel we own 🦚
1LeVwABdDk7BywKon6U1uMm7SrnTcSsHc2 ·
Well any other way to purchase another crypto will work. I personally don’t like buy bsv.com. They always charge more than the market rate. They get their fees even if they don’t call them fees. With 0.69 BSV for $tendies it’s nice to have some on hand.
1PHDHR4uGD9TZiPxJkE27ghqWYByhpFBNT ·
I'm with you! Buybsv.com charged me well above "spot price" as far as I could see. And that didn't even include their fees which were not low. My backup was going to be exactly what you suggested until I reached out to Fabriik.
1LeVwABdDk7BywKon6U1uMm7SrnTcSsHc2 ·
You can buy directly from Fabriik?
1H7ZwR1fkvt7z5Jw4Kim3mscc2eXYZfdXL ·
Interesting metaphor for someone coming from the oil business. Where might I view that interview?
1PHDHR4uGD9TZiPxJkE27ghqWYByhpFBNT ·
https://www.youtube.com/watch?v=lgKTGHNdhg0&t=3698s
1H7ZwR1fkvt7z5Jw4Kim3mscc2eXYZfdXL ·
Thanks!
1Nhm84yZrBHv6PVHxas2rWxQPLpH46NWGe ·
Kurt you always manage to make me feel better when I start to get #FUD.
1JhKv5bs1wpHRYFAQS4qF5zhKfAnXAy2UL (200) ·
Glad to hear it!