Bitcoins (and other crypto currencies)

[Ray Gin]

XRP although shite, will go further.

What makes it shite?

 

[Marc.]

I have XRP, I bought it the day before it crashed from $2.XX down to $0.30 or whatever.

I'm back to a profit now, but I'm not really interested so not keeping up that closely. I tried to get into my Wallet the other week, and I can't access it - the Support team at GateHub have been next to useless though

 

[ChrisR]

I’m hoping for a decent bump up in mining stocks tomorrow when markets open back up again and might take some profits.

As always, wishing I’d put more in with hindsight…

 

[R3k1355]

oh the irony, famous people launching worthless crap is drawing attention to our own worthless crap.

'A mockery': Trump's new meme-coin sparks anger in crypto world

The president's meme-coin launch is being criticised as a stunt, while impatience grows for deregulation.

www.bbc.co.uk

Many in the crypto world are waiting for Trump to back up campaign promises to help boost the industry in the US. People like Danny Scott hope to see focused plans, particularly around Bitcoin, from the administration.

Last year Trump promised Bitcoin fans he would make the US the "crypto capital of the planet". A few days into his term, the president has not issued executive orders involving cryptocurrency, nor has he mentioned it in his speeches.

 

[Crispy.]

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.

@OEM Battery Nonce @rctempire

I know it was like 2021 but did you guys ever carry on with this? I 'mined' for a while and just seen that it is now being prepared for mainnet. Deadline is end of Feb to complete the checklist to be mainnet ready. Took a while but I just sorted mine after regaining access back into my account.

I have absolutely no idea if it will be successful or not... But I am glad I actually got into something early enough that if it is, I can cash in.

 

[OEM Battery Nonce]

@OEM Battery Nonce @rctempire

I know it was like 2021 but did you guys ever carry on with this? I 'mined' for a while and just seen that it is now being prepared for mainnet. Deadline is end of Feb to complete the checklist to be mainnet ready. Took a while but I just sorted mine after regaining access back into my account.

I have absolutely no idea if it will be successful or not... But I am glad I actually got into something early enough that if it is, I can cash in.

Funnily enough I was thinking about this the other day. I stopped actively logging on a year or so ago and prior to that was quite sporadic.

Thanks for the heads up though, I’ll redownload the app and get logged back in. Would be nice to see it yield something.

 

[gudger12345]

Funnily enough I was thinking about this the other day. I stopped actively logging on a year or so ago and prior to that was quite sporadic.

Thanks for the heads up though, I’ll redownload the app and get logged back in. Would be nice to see it yield something.

Arse fell out last night
i would not bother mate
just do what you have been doing previously and play the long term game.
Or invest now whilst it is at a low.

 

[rctempire]

@OEM Battery Nonce @rctempire

I know it was like 2021 but did you guys ever carry on with this? I 'mined' for a while and just seen that it is now being prepared for mainnet. Deadline is end of Feb to complete the checklist to be mainnet ready. Took a while but I just sorted mine after regaining access back into my account.

I have absolutely no idea if it will be successful or not... But I am glad I actually got into something early enough that if it is, I can cash in.

Absolutely. Still mining. They say the tokens worth $35 a go, i cant see it but whatever in that aspect.

Its moving to mainnet soon.

 

[R3k1355]

oh fu*k yea, the rug pull of rug pulls. The Argentine President pulls a con on his own people. Amazing.

Argentina president accused of fraud over crypto crash

Some have accused Javier Milei of performing a "rug pull" after he promoted a virtual coin on social media.

www.bbc.co.uk

 

[16v_er]

Thread bump. Bitcoin still worth a punt for the long term? Thinking about 5-10% of my portfolio contribution pcm over a 20 year period? Trading 212 the best for this? Can't buy it on aj bell platform.

 

[Oggy997]

You need a crypto exchange.

I would guess it's going to increase a lot still.

 

[ChrisR]

Follow a few interesting folks who’ve made their predictions over the years, and been right with them, and their view was a large drop comes later in the year, lows of 40k region were mentioned.

Be interesting to see how it pans out.

 

[R3k1355]

Crypto will keep going up, and keep collapsing back down. There is good money to be made riding the waves of gainz.

How long this cycle keeps going is anyone's guess, it's becoming clear it's not revolutionising jack sh*t and is (for it's intended purpose) completely useless.

 

[McGherkin]

Crypto will keep going up, and keep collapsing back down. There is good money to be made riding the waves of gainz.

How long this cycle keeps going is anyone's guess, it's becoming clear it's not revolutionising jack sh*t and is (for it's intended purpose) completely useless.

I think if it goes moon again the political impetus to knock the literally country level electrical usage on the head will be sufficient to see crypto regulated to death.

 

[ChrisR]

Crypto will keep going up, and keep collapsing back down. There is good money to be made riding the waves of gainz.

How long this cycle keeps going is anyone's guess, it's becoming clear it's not revolutionising jack sh*t and is (for it's intended purpose) completely useless.

All just seems an absolutely massive waste of resources for literally nothing.

It’s serves little to no purpose.

 

[R3k1355]

I think if it goes moon again the political impetus to knock the literally country level electrical usage on the head will be sufficient to see crypto regulated to death.

It just moves to another country that doesn't care about that kind of regulation, there's companies in the states buying up old/disused power plants just to bring them back online and mine Bitcoin. Could try and slap some additional taxes on exchanges or companies operating in the EU area.

I doubt Trump is interested in getting involved in that.

 

[Oggy997]

Depends where you do your shopping I suppose

 

[ChrisR]

Depends where you do your shopping I suppose

Which goes to prove my point, in the grand scheme of things it’s a waste of resources, unless you want to buy hooky stuff.

 

[Oggy997]

I don't buy hooky stuff with it, I couldn't trust the person on the other end 😂 but I can certainly move larger sums without an inquisition from the bank (and receive it)

 

[rctempire]

New regulations by HMRC in Jan 2026 will be very interesting.
Guarantee plenty get caught out by not declaring they moved fiat to crypto. Or crypto to crypto is now classed as a disposal.