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  1. Thread: Bitcoin

    by Christian
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    Yes, that absolutely astounded me…bitcoin enabling £2bn money laundering resting in the pocket of an ex-takeaway shop worker. Insane.
  2. Thread: Bitcoin

    by Christian
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    Cash I suspect? If you are unbanked, you are...

    Cash I suspect? If you are unbanked, you are probably getting your internet in communal locations like internet cafes or PAYG sim cards.
  3. Thread: Bitcoin

    by Christian
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    That’s a really good documentary. Enjoyed watching that.
  4. Thread: Bitcoin

    by Christian
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    The BTC white paper was published in...

    The BTC white paper was published in 2008…15-years ago. All I see so far is a ponzi scheme/gambling opportunity based on people’s desire to get-rich-quick. That and people sounding almost religious...
  5. Thread: Bitcoin

    by Christian
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    I never really understood NFTs...it always seemed...

    I never really understood NFTs...it always seemed like investing in an even more worthless digital asset than BTC, one that had nearly no liquidity. Seems that is the case...
    ...
  6. Thread: Bitcoin

    by Christian
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    This is true, it could go to $0.0001 like Terra...

    This is true, it could go to $0.0001 like Terra Classic but at least it will never go to zero.
  7. Thread: Bitcoin

    by Christian
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    An electronic asset to trade which is basically a...

    An electronic asset to trade which is basically a huge ponzi scheme and everyone is trying to get rich quick because a handful of indiviudals got extrememly wealthy off it, being at the top of the...
  8. Thread: Bitcoin

    by Christian
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    I'm not 100% sure, but is it the burning of UST...

    I'm not 100% sure, but is it the burning of UST that mints the Luna?
  9. Thread: Bitcoin

    by Christian
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    Funds are safu.

    Funds are safu.
  10. Thread: Bitcoin

    by Christian
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    Just convert it to ETH and send to a coinbase...

    Just convert it to ETH and send to a coinbase wallet.
  11. Thread: Bitcoin

    by Christian
    Replies
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    You've got to be pretty stupid or have a...

    You've got to be pretty stupid or have a childlike mentality to fall for this though. Anyone with a brain would immediately understand its set up for those running it that know what they are about to...
  12. Thread: Bitcoin

    by Christian
    Replies
    6,912
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    1,925,500

    Exactly this. Been going on for years...the pump...

    Exactly this. Been going on for years...the pump and dump scams were commonplace back in the 2017 rise of crypto. All you need is a constant stream of kids or the gullable.
  13. Thread: Bitcoin

    by Christian
    Replies
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    I used to use Binance back in 2017. I can't...

    I used to use Binance back in 2017. I can't remember it having any cash depositing or withdrawl. I had to transfer funds to coinbase (via EUR), buy ETH and send the ETH into my binance wallet....
  14. Thread: Bitcoin

    by Christian
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    All aboard, next stop ~22k?

    All aboard, next stop ~22k?
  15. Thread: Bitcoin

    by Christian
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    The thing that puts me off is that we are 3-years...

    The thing that puts me off is that we are 3-years down the line from some fantastic promises by each coin company...XRP was meant to revolutionise the global payments system and at one stage boasted...
  16. Thread: Bitcoin

    by Christian
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    Considering BTC is now bacl to ATH levels, put...

    Considering BTC is now bacl to ATH levels, put money in now, hold off, or go with an alt like ETH?
  17. Thread: Bitcoin

    by Christian
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    I'm not being critical of you, just observing....

    I'm not being critical of you, just observing. From your situation having just bought some, probably a good thing!

    The bubble in 2017 was caused by a massive amount of people buying into something...
  18. Thread: Bitcoin

    by Christian
    Replies
    6,912
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    It's comments like this that make me think that...

    It's comments like this that make me think that the autumn bubble of 2017 could happen all over again with crypto.
  19. Thread: Bitcoin

    by Christian
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    Just adopt the attitude of most crypto-...

    Just adopt the attitude of most crypto- investors...”I’m in it for the technology” (never really understood that motto?!)...or “it’s about long term investment”.
  20. Thread: Bitcoin

    by Christian
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    Agree. My money is in ETH and I’ve sat there going nowhere watching BTC pump. Reluctant to switch into BTC because I guarantee the moment I do so, ETH rises and BTC drops.
  21. Thread: Bitcoin

    by Christian
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    Personally, I’d wait until the market settles a little bit. This drop could continue.
  22. Thread: Bitcoin

    by Christian
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    Could be. The other one I’ve seen regularly is...

    Could be. The other one I’ve seen regularly is the 2200-2300 UTC trading pattern. Regularly, for about half an hour between these times, the market seems to wake up. Usually lots of sell orders...
  23. Thread: Bitcoin

    by Christian
    Replies
    6,912
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    Likely to see a bounce when the price has dropped...

    Likely to see a bounce when the price has dropped with such momentum. It will reach a point where it is oversold in panic and then it corrects. You can make money reasonably quickly off the bounce if...
  24. Thread: Bitcoin

    by Christian
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    I’ve never really understood what you are buying when you buy an XRP token? It’s not a share in the company and most of ripples partners plan on using the network not the token? Similarly, when you...
  25. Thread: Bitcoin

    by Christian
    Replies
    6,912
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    Easiest is currently coinbase. Revolut are just...

    Easiest is currently coinbase. Revolut are just opening up their crypto buying with low fees to all standard account holders. Opening up a Revolut account and waiting for this might allow the market...
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