GENERAL MAYHEM • Re: Cryptocurrency dabbling
GENERAL MAYHEM • Re: Cryptocurrency dabbling
[Cryptocurrency dabbling]
– [Nordboy]
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[Re: Cryptocurrency dabbling]
Saying that, i’ve put £500 into a crypto this week that has some potential to give me a nice return, but could also end up pretty worthless. But worth a punt.
It’s a crazy market though and i do think it has to streamline dramatically and that government’s at some point will want some of the pie for themselves, maybe through increased taxes?
[Re: Cryptocurrency dabbling]
[Dodgy knees] wrote: [↑] Tue Apr 27, 2021 10:16 pm My lad and his mates have made a few grand on it. Sunday night he made 6k. He uses Binance and other apps.
He mentioned something about getting tipped off on pre sale coins or tokens, he buys them just before release and price jumps first few hours, summat like that.
Isn’t that usually called insider trading?
– [v8-powered]
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[Re: Cryptocurrency dabbling]
Any tips will happily be acceptedAny tips will happily be accepted [Dodgy knees] wrote: [↑] Tue Apr 27, 2021 10:16 pm My lad and his mates have made a few grand on it. Sunday night he made 6k. He uses Binance and other apps.
He mentioned something about getting tipped off on pre sale coins or tokens, he buys them just before release and price jumps first few hours, summat like that.
– [Dodgy knees]
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[Re: Cryptocurrency dabbling]
I’m working on him.I’m working on him. [v8-powered] wrote: [↑] Wed Apr 28, 2021 7:08 amAny tips will happily be acceptedAny tips will happily be accepted [Dodgy knees] wrote: [↑] Tue Apr 27, 2021 10:16 pm My lad and his mates have made a few grand on it. Sunday night he made 6k. He uses Binance and other apps.
He mentioned something about getting tipped off on pre sale coins or tokens, he buys them just before release and price jumps first few hours, summat like that.
– [Mr. Dazzle]
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[Re: Cryptocurrency dabbling]
The whole point is that banks aren’t involved though.The whole point is that banks aren’t involved though. [Cousin Jack] wrote: [↑] Tue Apr 27, 2021 9:04 pm
In 2011 if I went into my bank and asked them to accept some bitcoin they would laugh at me.
In 2021 if I tried the same they probably wouldn’t laugh, but they wouldn’t give me real money either
You don’t take them to the bank, you sell them to someone else directly. Finding enough people to buy 180 million”s worth off you might be an issue though.
– [Kneerly Down]
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[Re: Cryptocurrency dabbling]
[https://www.bitrefill.com/buy/amazon-uk/?hl=en]
Seems to be a bitcoin is worth £39,200 of Amazon vouchers.
– [weeksy]
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[Re: Cryptocurrency dabbling]
– [Cousin Jack]
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[Re: Cryptocurrency dabbling]
[Kneerly Down] wrote: [↑] Wed Apr 28, 2021 11:19 am You could buy a whole lot of Amazon vouchers!
[https://www.bitrefill.com/buy/amazon-uk/?hl=en]
Seems to be a bitcoin is worth £39,200 of Amazon vouchers.
So even spending them is a rip-off. And that is before Amazon sell you a load of expensive crap.So even spending them is a rip-off. And that is before Amazon sell you a load of expensive crap.[In 2011 they were $0.30 each, they’re now $55,000
Remember An Gof!
– [Kneerly Down]
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[Re: Cryptocurrency dabbling]
I knew that Bitcoin trading/mining used a lot of electricity but didn’t realise it is heading towards MORE THAN NORWAY!
128,000,000,000 kWh
[https://www.sciencealert.com/bitcoin-co … w-it-works]
– [Asian Boss]
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[Re: Cryptocurrency dabbling]
I think I’m too tight and scrottagy and small-time.
[Re: Cryptocurrency dabbling]
BBC News – Bitcoin value drops by 50% since November peak
[https://www.bbc.co.uk/news/business-61375152]