Bitcoins (and other crypto currencies)

[Speedo Gonzales]

How much are you selling? I know someone that might just buy it from you without going near an exchange.

Tax is the biggest issue if you are trying to sell lots (above some value that I cannot remember).

£6.5k before you hit capital gains iirc?

 

[dann2707]

How much are you selling? I know someone that might just buy it from you without going near an exchange.

Tax is the biggest issue if you are trying to sell lots (above some value that I cannot remember).

Thanks mate
It's my mrs and she only has £116 worth in there but it's just dead money and she wants it to spend lol

 

[Flob]

Do you want me to ask my mate? He's a f**king nutter but would have no issue with transferring her the dosh and her transferring the bitcoin into his wallet.

Whatsapp me if you do and I'll put you in touch - he's a lovely Italian IT man at work.

 

[rctempire]

Does anyone know how you can now sell your crypto on binance to gbp?

Send to binance. Swap to GBP and withdraw.
How much we talking here? If its over 3.5k you will max out your tax allowance on it though and declare it.

 

[dann2707]

Send to binance. Swap to GBP and withdraw.
How much we talking here? If its over 3.5k you will max out your tax allowance on it though and declare it.

It's only £116 mate so not a lot at all.

It goes to this like weird exchange where you talk to someone on a chat and it just seems dodgy rather than how I took mine out before where it was through the app.

If its legit I'll try it

 

[rctempire]

It's only £116 mate so not a lot at all.

It goes to this like weird exchange where you talk to someone on a chat and it just seems dodgy rather than how I took mine out before where it was through the app.

If its legit I'll try it

Binance should be faceless! You sure your on the right website/page?

 

[Gally]

Always found binance quite easy.

 

[Panda.]

It's only £116 mate so not a lot at all.

It goes to this like weird exchange where you talk to someone on a chat and it just seems dodgy rather than how I took mine out before where it was through the app.

If its legit I'll try it

I’m in the same boat, actually! Got about £200 and likewise it starts an instant messenger style thing with someone asking for acc.no and sort code - sure it didn’t do that before??

 

[dann2707]

Always found binance quite easy.

As above. It's changed

 

[rctempire]

£6.5k before you hit capital gains iirc?

£3000 now.

 

[rctempire]

As above. It's changed

If you didn't sell this/exchange it, for xxx of btc quid ill just buy it

 

[dann2707]

If you didn't sell this/exchange it, for xxx of btc quid ill just buy it

Cheers mate it's Eth and I don't think you collect that do you?

 

[jonno_c]

Anyone know anything about XRP? Someone was going on about how it could be worth a punt, but I know nothing!

 

[rctempire]

Cheers mate it's Eth and I don't think you collect that do you?

Course, take any crypto.

 

[R3k1355]

Anyone know anything about XRP? Someone was going on about how it could be worth a punt, but I know nothing!

It's been around for ages, IIRC they were in court in the states a while back over regulatory issues, not sure how the case panned out.

 

[R3k1355]

 

[eves]

Wen moon

 

[R3k1355]

I'd love for him to win the case, splash a ton of money finding his stupid drive only for it to be completely obliterated.

Which it obviously will be, having been driven over by those massive machines.

Bitcoin man sues Newport council over '£600m fortune lost in tip'

James Howells believes the hard drive is now worth about £600m since the recent Bitcoin surge.

www.bbc.co.uk

 

[Ay Ay Ron]

I'd love for him to win the case, splash a ton of money finding his stupid drive only for it to be completely obliterated.

Which it obviously will be, having been driven over by those massive machines.

Bitcoin man sues Newport council over '£600m fortune lost in tip'

James Howells believes the hard drive is now worth about £600m since the recent Bitcoin surge.

www.bbc.co.uk

I’m sure I threw a winning lottery ticket away once. Think I can claim from the council for me being a stupid f**king idiot?

 

[jonno_c]

Hindsight is a wonderful thing!

Reminder that Lily Allen turned down 200K in Bitcoins for a gig in 2009 which is now worth $4,704,600,000 @ $23.5K per BTC​

So what's that now, closer to 12/14 billion?

 

[R3k1355]

Yea it's $95k per coin and climbing fast, Trump is seen as a supporter so there's been mega interest from the Crypto crew.

Gotta be approaching the next bubble bursting moment, things seem to move in a cycle.

 

[ChrisR]

Had read some things about potentially this run heading up to hitting 125/150 range before droppped back down.

Will wait and see, just seems such a f**king waste of resources globally for this s**t

 

[R3k1355]

I can see it hitting some really impressive highs.

It's interesting looking at the start of this thread, over 11 years ago. Obviously 'the market' and crypto in general has come on a very long way.
What's failed to happen is any sort of actual use for the stuff. The biggest thing that it gave rise to was NFT's, an even bigger pile of shite.

Short of buying illegal s**t, no-one has an actual purpose for it.

 

[ChrisR]

How much money and resource is wasted on crypto for little to no real benefit?

 

[Flob]

Fair bit, there are good articles on it.

I have a decent amount of Eth, do people reckon I should move it into Btc given I don't follow price on either closely enough to realise when something good/bad is happening?

 

[ChrisR]

Well it finally broke 100k 😲

 

[gudger12345]

Anyone know anything about XRP? Someone was going on about how it could be worth a punt, but I know nothing!

I had £1k in XRP now its up to £6000
bad time to buy in now but wait for the dip

 

[R3k1355]

Court tells the rubbish dump Bitcoin man to FRO

Bitcoin miner's claim to recover £600m in Newport tip thrown out

James Howells tried to sue a council for access to the site or get £495m in compensation.

www.bbc.co.uk

 

[rctempire]

Court tells the rubbish dump Bitcoin man to FRO

Bitcoin miner's claim to recover £600m in Newport tip thrown out

James Howells tried to sue a council for access to the site or get £495m in compensation.

www.bbc.co.uk

Good. But also he will be upset. Not your keys, not your crypto.

 

[BashRacing]

Which is the best site for crypto trading currently ?

 

[Advikaz]

Which is the best site for crypto trading currently ?

I’m using 212.

Not sure if best tbh. I just like the platform

 

[jonno_c]

Someone's says to get involved with XRP.

Could double quickly??

Anyone with info know much about it?

 

[rctempire]

Someone's says to get involved with XRP.

Could double quickly??

Anyone with info know much about it?

I think xrp is utter shite. But it has doubled already. Maybe go further.

 

[Flat Eric]

I think xrp is utter shite. But it has doubled already. Maybe go furher.

I sold mine in August didn't I. For 170 quid.
Be worth 1200 quid or so now.
Hindsight is a wonderful thing.

 

[R3k1355]

Everything is going up, till it crashes again.

It's pretty much how it all works.

 

[Ray Gin]

I don’t understand how someone can hype a certain type of coin over another one. Then when you ask why, there’s absolutely zero substance to the answer. I’m beginning to think 99% of the crypto fanboys don’t have a clue what they’re talking about.

 

[R3k1355]

I don’t understand how someone can hype a certain type of coin over another one. Then when you ask why, there’s absolutely zero substance to the answer. I’m beginning to think 99% of the crypto fanboys don’t have a clue what they’re talking about.

The Trump coin is rocketing in value right now. They've even said it's not an investment or currency, it's just a meme coin, it's only purpose is to celebrate Trump's second term in office.

Trump launches meme coin, $TRump days before return to White House

Hours after its launch, the market capitalisation for $Trump reached nearly $5.5bn (£4.5bn).

www.bbc.com

 

[Whitetac]

My XRP is currently at about 400% ROI at the moment, so I should really withdraw my initial investment so that I’ll only be playing around with profit, but when everyone’s saying it’ll only go higher it’s hard not to be greedy!

I’m know it’ll end badly like Icarus but hopefully I’ll see sense

 

[R3k1355]

I think there's some ground to go yet, Musk is pro-crypto so I can imagine he'll be tweeting and pumping the market for while before the next collapse.

Money to be made in the meantime and obviously, buy the dip for next time around.

 

[rctempire]

XRP although shite, will go further.
Could be released of all SEC when Gensler goes.

Remember, take gains when you can. It always goes down and back up. Usual Market cycle.