Bitcoins (and other crypto currencies)

[trickstargee]

Is coinbase down for everyone?

Its down according to one of the lads I know on Twitter...

 

[rctempire]

How do you know this?

Cryptoassets

Find out about tax when you buy, sell or receive cryptoassets (also called 'cryptocurrency') such as bitcoin.

www.gov.uk

Account Suspended

If you don't believe me have a look online.

Its valid and the fact my friend got a nice fill in taxes from hmrc with coinbase.

Although not on the same line

FCA bans the sale of crypto-derivatives to retail consumers

The FCA has published final rules banning the sale of derivatives and exchange traded notes (ETNs) that reference certain types of cryptoassets to retail consumers.

www.fca.org.uk

 

[CadwellCab]

Cryptoassets

Find out about tax when you buy, sell or receive cryptoassets (also called 'cryptocurrency') such as bitcoin.

www.gov.uk

Account Suspended

If you don't believe me have a look online.

Its valid and the fact my friend got a nice fill in taxes from hmrc with coinbase.

Although not on the same line

FCA bans the sale of crypto-derivatives to retail consumers

The FCA has published final rules banning the sale of derivatives and exchange traded notes (ETNs) that reference certain types of cryptoassets to retail consumers.

www.fca.org.uk

I believe you, just wondered where the information was from.
I’ve only cashed out 12k this year anyway so I’m under the amount for CGT

 

[CadwellCab]

I believe you, just wondered where the information was from.
I’ve only cashed out 12k this year anyway so I’m under the amount for CGT

That’s also me no longer using Coinbase, why do they care if HMRC are on their side?

 

[rctempire]

That’s also me no longer using Coinbase, why do they care if HMRC are on their side?

They are a UK company so want to trade there.
Coinfloor are the same, as are any bank in crypto (revolut and such)

 

[MonkeyKnifeFight]

Things seem to be warming up nicely im upto £12500 of my £2000 investment. I dont for a second regret spending 6 bitcoins on darkweb purchases back in 2016

 

[CadwellCab]

Things seem to be warming up nicely im upto £12500 of my £2000 investment. I dont for a second regret spending 6 bitcoins on darkweb purchases back in 2016

I regret you spending 6 BTC, what did you buy? Heroin or a lady boy I hope

 

[MonkeyKnifeFight]

Lots of very... very good pills from the Netherlands. Even better is 1.5btc's worth of pills never turned up. I also had 0.5 of a btc left on Alphabay when it exit scammed.

Good times

 

[rctempire]

Lots of very... very good pills from the Netherlands. Even better is 1.5btc's worth of pills never turned up. I also had 0.5 of a btc left on Alphabay when it exit scammed.

Good times

Sickening, i had about 1-2 btc on MxGox back in the day when it all went wrong

 

[R3k1355]

Big sell off happened again? Looks to have peaked above $40k over the weekend, then shed 25% of it's value over a 24 hour period.

 

[CadwellCab]

Big sell off happened again? Looks to have peaked above $40k over the weekend, then shed 25% of it's value over a 24 hour period.

Yeah but hardly surprising after the surge to $40k and probably benefitted us long term by showing such strength at $30k to not dip below.

 

[R3k1355]

Yea, unless it's a two-step slip, with the second one seeing it go back to the 15k ish area it was previously?

 

[CadwellCab]

Yea, unless it's a two-step slip, with the second one seeing it go back to the 15k ish area it was previously?

I think if there was another dip the strength would then be at $23k rather than $15k, either or wouldn’t be terrible in the grand scheme of things.

 

[Philip.]

Wasn't too bothered about the slip considering how much it surged over the last month. Nice little correction to crypto tbh.

Seems to have levelled off nicely and started to climb slowly.

 

[Cub.]

Good god. If I was this guy, I don’t know how I wouldn’t go insane.

Man has two guesses to unlock bitcoin worth $240m

A programmer is trying to remember the password to unlock a digital wallet set up a decade ago.

www.bbc.co.uk

Surely you could promise some hackers a few million in return if they found a way in.

 

[Aaron..]

Well I wouldn't give it 8 attempts beforehand!

I nearly got locked out of binance last week. Remembered I had a coinbase account today and found a few quid in there too.
I need to wait to re varify my details now though. Once I've done that I'll look at what I can do with them. I've got some Ethereum and some bitcoin lite I think. Not much in each though.

 

[R3k1355]

Good god. If I was this guy, I don’t know how I wouldn’t go insane.

Man has two guesses to unlock bitcoin worth $240m

A programmer is trying to remember the password to unlock a digital wallet set up a decade ago.

www.bbc.co.uk

Surely you could promise some hackers a few million in return if they found a way in.

That Welsh guy that lost his hard drive in a landfill had the same number of Bitcoin

Quarter of a billion dollars

 

[Rich..]

Imagine being this guy

Bitcoin: Newport man's plea to find £210m hard drive in tip

James Howells threw away a hard drive containing bitcoin - now worth £210m - by mistake in 2013.

www.bbc.co.uk

 

[CadwellCab]

Imagine being this guy

Bitcoin: Newport man's plea to find £210m hard drive in tip

James Howells threw away a hard drive containing bitcoin - now worth £210m - by mistake in 2013.

www.bbc.co.uk

No thank you

 

[Rich..]

I don’t get why he threw it out it’s not like they take up space, I have 3 hard drives from laptops I’ve owned over the years, the first one dating back 15 years or so.

 

[cs_rich]

Even if he hadn't have thrown it away, there's zero chance he wouldn't have cashed out a long long time ago.

 

[Rich..]

Even if he hadn't have thrown it away, there's zero chance he wouldn't have cashed out a long long time ago.

But still, it was already worth over 4mil when he binned it.

 

[cs_rich]

But still, it was already worth over 4mil when he binned it.

Obviously he's still an idiot though.

 

[MonkeyKnifeFight]

I don’t get why he threw it out it’s not like they take up space, I have 3 hard drives from laptops I’ve owned over the years, the first one dating back 15 years or so.

His wife did a tip run and chucked it out!

 

[Rich..]

His wife did a tip run and chucked it out!

Oh, I thought the news report said he cleared out his desk drawer and thought everything he needed was removed from the hard drive

 

[dann2707]

That is his life ruined.

 

[welshname]

Anyone seen this pi network thing? You need an invite to sign up apparently but it’s mining on your phone, but not on your phone.

I haven’t a f**king clue tbh but I’ll look at some point tomorrow. Invite link below if anyone fancies taking a nosey.

I am sending you 1π! Pi is a new digital currency developed by Stanford PhDs, with over 10 million members worldwide. To claim your Pi, follow this link welshname and use my username (welshname) as your invitation code.

 

[J-J]

I've just signed up for this as well, why not. It seems more like a pyramid scheme at the moment though just getting loads of people to sign up, so can't see it really being of massive value to an individual.

 

[rctempire]

I cannot see the use at all at why you'd want to mine it.

Its ahead of bee by about 2 years too.

 

[welshname]

I cannot see the use at all at why you'd want to mine it.

Its ahead of bee by about 2 years too.

Yeah but no one saw the point in Bitcoin when that was first a thing...

I’m not for one second saying it’ll be big, but it costs nothing to do so for now, why not?

 

[Strell]

Yeah but no one saw the point in Bitcoin when that was first a thing...

I’m not for one second saying it’ll be big, but it costs nothing to do so for now, why not?

Joined in on that notion. My name is StrellJoe if anyone wants to do that over the above =P

 

[rctempire]

We need to pool together in security group.
My Node will be up and running later tomorrow!!! So we can band together.

 

[rctempire]

Yeah but no one saw the point in Bitcoin when that was first a thing...

I’m not for one second saying it’ll be big, but it costs nothing to do so for now, why not?

Also dislike adverts in a mining app, why is that even needed.

 

[J-J]

Also dislike adverts in a mining app, why is that even needed.

Because I think it's a blag. Hopefully get proven wrong thought and make my millions.

Username is Furrysheepif anyone wants to add to security circle.

 

[rctempire]

Its absolutely awful inside that app!! All adverts under the sun inside it. Im not sure this is a good one .

 

[rctempire]

Also if we hold off on the names, ill do them all tomorrow as the node has been approved.

 

[Gus]

Why would you mine on a phone? wouldnt it be a lot more efficient on a PC or miner.

 

[rctempire]

Why would you mine on a phone? wouldnt it be a lot more efficient on a PC or miner.

Its not even mining, that's the ironic thing with PI and BEE.

 

[welshname]

Is bee worth looking at?

 

[R3k1355]

I cannot see the use at all at why you'd want to mine it.

Its ahead of bee by about 2 years too.

Yeah but no one saw the point in Bitcoin when that was first a thing...

I’m not for one second saying it’ll be big, but it costs nothing to do so for now, why not?

You could say that about so many coins tho, so many different ones have launched, but such a small number ever find traction.
Even fewer find an actual use.

Why would you mine on a phone? wouldnt it be a lot more efficient on a PC or miner.

Its not even mining, that's the ironic thing with PI and BEE.

There's some other phone based crypto mining coins.

Electronium springs to mind, at least it was that way when it launched. f**king worthless now mind.