{bitcoin}

9 posts

+16 votes

by Jimmy_Bison 10/10

Mycelium wallet

+2

by Jimmy_Bison 10/10

Mycelium wallet

Now then biggaz.

Like an absolute tit, I’ve accidentally sent some Bitcoin to my, mycelium wallet. Is there any way I could I can import it somehow?

For those who are confused, mycelium wallets are fucked and once your funds are in them, you can’t use them.

Thanks in advance, lads and lasses.

+2

Jimmy_Bison 10/10

Well there you go. If you have a mycelium account on your iPhone, find a friend who has a Samsung phone and access to android apps.

Download the mycelium wallet app and access your account on the android app. Download a kraken wallet on on the iPhone and send the funds from the Samsung mycelium to the kraken account on the iPhone.

I hope this helps someone in the same predicament.

Jimmy

+2

WeedFox

Since when?

I have used the mycelium app for months now, no issues sending or receiving on my end.

Last used 2 months ago and have $20 in bitcoin in my wallet, so won't be the end of the world if true.

Don't see any mention online apart from this post, unless I'm not looking hard enough?

+1

Jimmy_Bison 10/10

Thanks for your reply weed fox. No matter what BTC address I put into the send bar, the app never recognises the address and thus not letting me send it anywhere.

Please help 🤣

+3

RealD 9.8/10

Mycelium is old wallet.. you can only send to btc wallets starting with 1 or 3.. if your using iPhone..

I think if you use android you can send to any wallets

+1

Jimmy_Bison 10/10

Thanks man! I appreciate it!

+2

Hashlady60

Do I need a wallet to get butcoins at a atm ? What bitcoins sites dies without ID help needed

+2

WeedFox

I can send you my wallet address and you can try and send all your bitcoin to me!

Honestly man I'm not that knowledgeable on the whole thing myself. I use the QR code from the lb payment page and that sets the amount and the address automatically for me. I then set the gas fee myself.

It was mid March last time I sent anything, so maybe the issue is new? Hope you get it sorted Jimmy 🤞🏻

1 post

+1 votes

by HBiz

Utc and bitcoin

5 posts

+22 votes

by bit poppa

Bitcoin Virgins Q&A

+10

by bit poppa

Bitcoin Virgins Q&A

I think a lot of us have been using btc so long that we lose sight of what a strange and confusing concept it can at first. This thread is for getting your head around btc and how it works on little biggy.

+2

PISTACH 9.6/10

Very good idea. Its confusing for newbies! <3

+1

blinders

Once I have my coins how do I send them?

+6

caringv

If you have your coins they are in a bitcoin wallet (like blockchain.info's) or an exchange account (like coinbase). Either way you will see a button for "send bitcoins" click on it and it asks for an address.

When you buy an item on little biggy you get a bitcoin address to pay for it. You get the address when you click on the "pay now" button. Just copy and paste it and you're done. You usually see confirmation in a minute.

Relax and remember if you have any problem there is no way to "lose" bitcoins, the record of where the coins went is public. There is no " I sent the check in the mail "nor " I never got your payment.

4 posts

+29 votes

by porch honkey2

bitcoin vs ethereum

+12

by porch honkey2

bitcoin vs ethereum

What are the main differences between bitcoin and ethereum?

5 posts

+16 votes

by King Midas 9.3/10

Thoughts

+2

by King Midas 9.3/10

Thoughts

Recent events have caused BTC to take a sudden drop, what you guys thinking? Big bounce back to a new ATH within the next year? Or is this a rough ride we holding on for a while

+4

MightyRux

I had about £300 left in my wallet bought at $63.5k last week, so it looks like I'm topping that up when it dips below $50k and sitting tight for a few weeks... There was chatter a few days ago of it hitting the previous low around this mark before rallying back to the previous high, and higher. Whatever I do, I'd suggest everyone does the opposite, based on my track record.

+4

Rocketdogronnie 9.7/10

Whole market is fucked. Worst day of US stock trading in years on Friday and record losses in Japan. Mass sell off of crypto assets to cover margins. Now there’s a lot of trad Wall Street money in BTC etf’s it’s gonna be more affected than normal by stock crashes.
Although this is pretty rough short term it’s pretty bullish overall as people will look to move money from the traditional markets.
Gonna be blood red across stock portfolios when markets open.
If you zoom out and see BTC was 15k 18 months ago I’d say a pullback is necessary. New all time high before the years out 🙏🏻

+4

Babbstar1 9.9/10

Shits crazy. We all know it's volatile. But that level is crazy.

Gonna be a sit tight and HODL.

Babbstar1 will be running our bitcoin promo again. All orderscompensated with extra goodies until it recovers to 60k.

Enjoy !! 😍😍

1 post

+1 votes

by Budzinho 10/10

Bitcoin Mt. Gox release...

20 posts

+129 votes

by foster

Money as a system of control (video)

+38

by foster

Money as a system of control (video)

Andreas M. Antonopoulos is the most articulate and inspiring voice Bitcoin has. Despite his enormous technical expertise he sees the fundamental proposition of crytpo freedom as the lowest layer of the network.

+9

3pac

In the meantime we have LB :)

+10

christopher

When I read the title I thought this was about capitalism and making people dependent upon money. Instead this is about the fact that government issues currency and can use that to control everything it touches basically, it's a shocking eye opener.

+9

$e^{i \pi} + 1 = 0$

e^{i \pi} + 1 = 0

Yes it's not even the amount of money they have it's that they define it, that's implies ultimate ownership of all of it.

+7

5chan

super inspiring wish more people would see how they are played by the system.

+6

amirTheMan

All of his lectures are great. I'd recommend the podcasts over the video, they look like a spycam.

+6

coldspurs

Spot on

+3

Catsbananas

The evil that is fiat money has only put a roof over my head, given me an education, bought my car, yearly holidays, food, clothes, medication, healthcare, books, games, TVs, drink, drugs, guitars, computers, phones, tablets and countless other goods and services that have brought pleasure, entertainment and increased my living standard over the years. Those who control fiat money are evil. The bastards. I feel like a twat now for been so gullible.

+4

doc holiday

i've been looking for a good roofer, does he take bitcoin

+2

plymouth rocker

i would have though it was your labour that earned that rather than a central bank.

+1

wells

sure, pre 2020 :)

+1

Catsbananas

Yes of course and like a complete idiot I exchanged that labour for central bank issued fiat money that I thought was giving me freedom to satisfy my needs, wants and desires and have a wonderful fulfilling life. What a fool I have been.

+3

24601

I hear ya dog, like an even bigger idiot i learned about bitcoin years ago (from here as a matter of fact) but kept my money in fiat :(

+3

Green Leaf Dispensary 9.4/10

At least with multiple currencies we still have the power to choose, isn't that what freedom is?

+1

FLOWER-POWER 9.4/10

Andres is a a legend! Love hearing him speak, so much knowledge to share

+1

GazYNWA

There's currently a viral post going around showing a photo in a pizza hut window saying 'credit cards only' and then some crap saying how people will lose control of their assets if we move away from money lol.

+7

doc holiday

It doesn't matter if it's cards, bank deposits or even cash in hand. It's all under the control of a central government that's why it's called "fiat". It can be seized, de-valued, or bankrupted. Given enough time that's exactly what has happened to *every* fiat currency in history.

+3

coldspurs

except the ones in existence today

+3

oasis

thats what Sie said

1 post

+3 votes

by MightyRux

Wallet Shenanigans

19 posts

+37.5 votes

by Sofasurfer

Santander and Bitpanda

+2

by Sofasurfer

Santander and Bitpanda

After my hassle with Coinbase, which still hasn't been resolved after 6 months, I now buy my BTC via Bitpanda funded by my Santander account and transfer to my Exodus wallet. All well and good, but now Santander just refuses to let me buy it. Are they blocking crypto purchases totally now. In the meantime I've applied for a Monzo account but just curious why now. It's my money and Im not being scammed, so why shouldn't I be allowed to buy Bitcoin? Bloody fiat!!!

+3.2

PabloEscrowbar 9.5/10

Revolut is your good friend, you can purchase on there

+1.2

Sofasurfer

One to remember if I get any grief with Monzo, cheers

+2

PabloEscrowbar 9.5/10

Your most welcome

+2

vapeboutique 9.8/10

Santander ask far too many questions and try tell you were and who you can transfer your money. Agree monzo and revolut are the way forward

+2

Sofasurfer

Right, I've now got a Monzo account that I can use to buy via Bitpanda and then transfer into my Exodus wallet and buy from LB that way. Hopefully this shouldn't flag up as suspicious activity as I'm just buying crypto right????

+4

MollyMillions 10/10

Yep, should never be suspicious activity since we have a right to spend our money how we chose. These banks are criminal. Move away from the big chains if you can, they hold too much power.

- molly x

+2

Khuunntt

Sidenote...you can send from bitpanda straight to LB Transaxe👍🏻

+1

Sofasurfer

I did that for ages with Coinbase until September last year when they blocked my account with £300 in it. It's now worth about £700 but I'm still battling to get it back. If they don't want my business then fine, just give me my money. Bunch of thieves.

+2

semji

RBS was the first bank to stop me buying bitcoin then my Monzo account stopped it. Currently using a Revolut account which lets me convert cash to bitcoin easily. Last order for $130 was about $5 for the fees.

+1

Sofasurfer

I thought that Monzo was ok for Crypto? Just in the process of applying for an account but if they're not Crypto friendly I'll go with Revoult. Cheers for the advice.

+2

semji

It was fine for a few months pal then just stopped me buying bitcoin on my Exodus account.

+2

pollypuff23

Are you doing card or transfers from your Santander account?….Lloyds blocks my debit card but allows direct transfers 🙄

+2

Sofasurfer

Transfers from my Santander account via online banking and via the app. My other account is a TSB one which has no chance of allowing me to buy Crypto.

+3

pollypuff23

Sorry to hear that- bunch of twats!

I did engage with Lloyds over it because I just don’t see how they have the right to control what I buy. I was put through to fraud prevention and I had to answer various questions to convince them that my frequent small sends to Bitpanda were of my own violation and that I understood the risks and I wasn’t being coerced🙄. They said that Visa would still block it on my card not them, but they would allow direct transfers from my current account.

May be worth chatting with Santander?…

+2

Sofasurfer

Thanks for the advice Polly, it's worth a try and I shall now have to brave the dreaded call centres. It's a joke that whilst what I will actually buy with the BTC is illegal, the actual purchase of the crypto is not. It's my bloody money after all! They really do not like us not using their institutions do they!

+2

pollypuff23

It is incredible.
Even the newspapers that were revelling in the big falls with "we told you so!" articles are now running with "why crypto in your portfolio makes sense with stratospheric gains!"...
I said to Lloyds- "if I want to drip feed small amounts and build up a crypto stake 100% at my own risk how can you block that? Every week you try and get me to buy a stocks and shares ISA, so there are no risks in the stock market then? At the first naval blockade of Taiwan by the Chinese, $10 trillion will be wiped off global markets. But you are still trying to flog it to me!"

Wankers....

+1

DaveNimrod11

Barclays credit or debit card for me. Never any issues.

2 posts

+3 votes

by oasis

eminem's crypto pitch

5 posts

+14.2 votes

by Tenpester

The Dinar was The 1st Decentralised Currency

+5.2

by Tenpester

The Dinar was The 1st Decentralised Currency

https://en.wikipedia.org/wiki/Dinar

Though Islamic States did most of the minting for over 1400 years anyone has been able to produce this coin and it is still accepted as currency in many circumstances.

+5

RedEyeExpress

You could argue gold was the 1st decentralised currency in being that even today it stands as currency. technically paper money and bank accounts are just a reflection of how much gold and silver a person has

+2

Bigbum

I thought the first decentralised currency was actually salt and seashells;)

+1

UKCannaFarm 9.5/10

i'll trade you said gold for one thousand bottle caps...

3 posts

+5 votes

by BCLR13

Blockchain delays 20/04/2024

11 posts

+34 votes

by MightyRux

2024 Bitcoin Halving

+6

by MightyRux

2024 Bitcoin Halving

So about 00:10UTC on 20/04/24. I'm the only one watching this, with the cool fireworks on Mempool.Space, right?

+3

Construct

just looked at blockchain they wanted $328 in fees for a $35 transaction on sat 20th 21:30.
That is insane and looks like i will be having a THC break until it gets lower.
If LB have another payment system in the works now would be a good time to launch it as btc is fucked until further notice.

+3

MightyRux

It's amazing how quickly near zero revenue will focus the mind of an entity that otherwise seems very slow to change...

I can't imagine anyone on here has bought anything today, unless they're buying by the lb.

+3

Chubbaknuckles

Im watching £88 at mo god knows what it means haha.

+3

MightyRux

You watching it progress through the chain? Nearest to the dotted line is what you want...

+3

Chubbaknuckles

Wish i knew what that meant, i only check it to see how high fees might be, this dont look good.

+5

MightyRux

From a fee perspective, we may not be buying weed or shrooms today.

+2

Sidd3rz

I just done preview of 100 pound network fee us currently £73??

That should drop right

+2

MightyRux

I'm hoping so! 420sat/vB to get confirmed in the next block currently!

20/04/24 19:10

+2

MightyRux

1900sat/vB gas fees?!?! Good luck out there everyone.

20/04/24 01:42

3 posts

+5 votes

by Tangytoast888

KYC should i be worried!

2 posts

+6 votes

by Dopey 9.6/10

🚀🚀🚀🚀🚀

16 posts

+56 votes

by Blazin_Esx

Exodus and Referral Payments

+6

by Blazin_Esx

Exodus and Referral Payments

Hey Biggas. I hope someone who knows more about crypto than me can help here. I use Exodus to receive referral payments from Transaxe but it seems like each time I receive a payment it pushes up my network fee.

If I wanted to send $60 worth of BTC Exodus is charging a $33 network fee. I have a friend who has no referral payments going to Exodus and for them to send the same amount at the same time it would cost them 55 cents. Does anybody know why this happens? I did get a few warnings from Exodus about receiving these payments but they weren't very clear about how and why this is a problem so I ignored and deleted.

Finally, can anyone recommend a wallet I can use where this won't be an issue? If this is a problem across all wallets then I'm tempted to deactivate my token as I don't think the rewards are worth the network fee spikes.

+6

TheHashCollective23 9.8/10

Have a similar issue. Got a few hundred. But impossible to move. Even if I try with high fees it fails. Don't even bother with it anymore. I made a post about it before. See if the tips on there help you.

THC

+3

Blazin_Esx

Cheers THC, will check that topic.

+5

Budzinho 10/10

It's not Exodus that is the issue.

They sent you some payments with too low of a fee by mistake, so they are unconfirmed.

The problematic transactions will show as 'pending' on Exodus.

Wallets charge you extra for spending unconfirmed transactions. (CPFP)

Around 2 weeks after you *received* them they will be forgotten by nodes and transaxe will send again with larger fees.

Then you will be able to send with normal fees.

+4

Blazin_Esx

Cheers Budzinho, much appreciated.

+4

MightyRux

I think what you clicked on and ignored was their alert to tell you it looked like you were receiving small mining payments and they'll cost loads in fees to send...

To send $25 the other night gave me a $24 fee with Exodus! So I checked the current sat/vB requirement and changed it to 13 sat/vB and the fee came down to about $15. Doesn't seem to be any way around this, it's just how it works. I find that a large chunk added to the wallet seems to split the fees a bit as a few small payments get bundled with a bit of the large one. They're still a lot higher than if you weren't paying with tiny payments that presumably use more processing power to get confirmed and hence the fees for the miners are higher to make it more enticing a prospect.

+4

Blazin_Esx

Yes mate, that was the gist of the messages I got from them. Should have paid more attention.

I got my Mrs set up on Exodus not long after I joined here so I am going to leave my wallet for referrals and use hers for LB purchases. The dummy send I did on her account had fees of less than a dollar, I couldn't tell you the last time I saw network fees like that on my account.

+3

Rikform

I had exactly the same problem, the advice for u.k customers on their website is to transfer any btc asap so that's what i did and they charged me £55 to send £200 of btc on the lowest fee setting of 1 and the transfer took 7 hours, i was lucky to get the coin out considering the harsh crack down by the uk government on anonymous wallets.

+3

B0W13

Great question, I also have Bitcoin tied up in the Coinbase Wallet and its also trying to charge a crazy network fee to get it out of there, referrals are currently going into the .com account and there's no spike in fees or anything there so no idea why its happening in the wallet and its not giving me the option to adjust fees so its just stuck 🤦🏻‍♂️

+2

Budzinho 10/10

check my post below :)

+1

B0W13

I was just reading through it and im hoping this is a similar problem to what im seeing, so in theory in a couple of weeks time those of us having the same problem should be able to send coin again with more normalised fees?

+3

Budzinho 10/10

Go into your wallet and click on the transactions individually.

If any one of them says something like 'pending' 'unconfirmed' etc then this is definitely the problem.

The default amount of time is 2 weeks anyway, or if fees drop to the rate transaxe sent with then it will be confirmed sooner but more likely to be the former.

+1

B0W13

Thanks mate, unfortunately I dont see any that are pending so maybe mine is a different problem.
Have payment going into the .com for now till i figure it out and they arent spiking the fees there as i sent some out earlier so im not sure that is my issue.

+4

SnowlooperD

Fees will always be high for sending referral payments back out because you’re receiving tiny payments. One singular payment will have a much lower fee than sending a bag of individual pennys, even though you see one value in your wallet it is not classed as such when sending

+2

Budzinho 10/10

Click on the first few transactions they sent and it will say view on block explorer/mempool etc.

Will say unconfirmed and the fee paid there.

.com isn't self-custodial or connected, hence why you have no issue there

8 posts

+9 votes

by Dopey 9.6/10

4/2/24 Cost to sell $3000 BTC into Stable!!

+1

by Dopey 9.6/10

4/2/24 Cost to sell $3000 BTC into Stable!!

Just had a shock at the cost today miners fees to sell into stable including converting into stable for $3000 in BTC equals $358 in fee's minus the 15% to platform $450 plus $358 equals $808 take that off $3000 leaves $2192 WTF!!!

Basically having to pay to work.

+2

Budzinho 10/10

What platform is charging a 15% swap fee lmao

+1

Khuunntt

Biggy vendor fee?

+1

Budzinho 10/10

Title says "$3000 BTC into stable" so I presume transaxe fees were already paid.

Not every sale is 15%.

Even if that's the case, he's still paying way too much to swap.

+1

DailyToker

Whats the cheapest way to swap?

Would prefer exchange rather than an external site, but any recommendations?

+1

Budzinho 10/10

Depends massively on what you are swapping from and to.

+1

DailyToker

Whats the cheapest way to swap?

Would prefer exchange rather than an external site, but any recommendations?

5 posts

+30 votes

by zeppomarx

Why Did Someone just send $1 million to Satoshi Nakamoto's Genesis wallet?

+7

by zeppomarx

Why Did Someone just send $1 million to Satoshi Nakamoto's Genesis wallet?

https://www.theblock.co/post/270748/someone-sent-1-2-million-of-bitcoin-to-the-genesis-wallet-mined-by-satoshi-nakamoto

An unidentified crypto wallet on Jan. 5 sent some 27 bitcoin – worth $1.17 million at the time – to the first-ever Bitcoin address attributed to Nakamoto, shortly after withdrawing roughly the same amount from crypto exchange Binance, blockchain data by Arkham Intelligence shows.

Wallet's worth $50 billion btw.

+10

pollypuff20

Did they have to do the quiz first?- bet they bloody didn’t!🤨

+5

Stimkybabies

Apparently it's something to do with tax.they sent that amount because now they have to legally declare the amount to the tax man. ie trying to get him to doxx themselves at least that's what I heard.

+4

Essemcee

Is it something to do with Craig Wright's upcoming high court case to prove that he is Satoshi Nakamoto?
If he does convince the court ths expectation is that BSV will likely go through the roof and nearly everything else will plummet.

23 posts

+72 votes

by HelpTheAged

which are the top 5 crypto exchanges?

+8

by HelpTheAged

which are the top 5 crypto exchanges?

I use paxful. Probably they deserve a spot in the top 5.

Based on users' own experiences, who else should make the top 5?

TIA guys

+5

xs8

I recommend Bittylicious, their fees sometimes are a bit higher than other exchanges, but their service is fast and easy to use

+4

TheDankofEurope 9.1/10

We figured that either local vendors or https://cryptovoucher.io/ aswell as kraken.to seem to be the best(since no ID is needed for purchasing), but local purchase is the most anonymous. Depends on what kind of transaction you are searching for. Some people genuinely like to buy their crypto via coinbase, opposed to other transaction service providers, your funds are handled/held by them till you withdraw them. Cryptovoucher in example lets you buy the btc and sends it to the given wallet adress, which can in fact make transactions cheaper, a bit faster aswell as more anonymous. What kind of Crypto vendors do yall use and why? would be really interested to know what and how you all are getting your hands on and use crypto.

+3

Cr0w

Kraken needs ID bro

+3

Greentech 9.6/10

Any vendor worth there salt is not going to tell a little upstart like you bugger all..

Who's to say you ain't fishing?

That's fed talk

+2

ElvisThePelvis

Do you mean kucoin as they don't request for an ID? Kraken does tho. I use coinbase to purchase here (once I set it up it's worked without fail so why change) Kraken to buy crypto (most secure platform and they actually have customer support), kucoin to buy smaller cap cryptos as they have a long list of them.

+4

Bigbum

ZenGo!! Very good

+2

Bigbum

Coinbase is better though

+4

admiralBishop

paybis

+4

Cannabaker

Coinbase Pro is what I use. So easy via the app. There’s a transaction fee charged to transfer BTC, guess they need to make their money.

+4

Jonnyutah

Ones I use the most are bittrex, Binance And Coinbase. Also worth doing some research on uniswap (decentralised exchange).

+3

Green Avenger Weed 9.6/10

Binance: Binance is one of the largest and most popular cryptocurrency exchanges worldwide. It offers a wide range of cryptocurrencies for trading and has various trading features and services.

Coinbase: Coinbase is a prominent cryptocurrency exchange that is known for its user-friendly interface and accessibility. It supports a selection of major cryptocurrencies and provides a secure platform for buying, selling, and storing digital assets.

Kraken: Kraken is a reputable cryptocurrency exchange that caters to both individual traders and institutions. It offers advanced trading options, a variety of cryptocurrencies, and robust security measures.

Bitfinex: Bitfinex is a cryptocurrency exchange known for its advanced trading features and liquidity. It supports a broad range of cryptocurrencies and offers margin trading options for experienced traders.

Huobi Global: Huobi Global is a well-established cryptocurrency exchange that serves users from around the world. It provides a diverse range of cryptocurrencies for trading, including popular options and emerging tokens.

+3

Jimmy Boco

I’ve been using Luno since I joined here because I was told it was the safest. The transaction fees recently have been insane, like £22-25 a pop. They keep telling me the charges are dynamic or whatever but don’t actually say why they’re so high this month. Considering changing so any advice would be awesome, I have no clue about Crypto etc.

+3

bonnie

after Binnace I started using Kucoin, flat 0.00005 withdraw charge for all unverified users. always fast always reliable

+3

tnicho

Coinbase, but transfer to a separate wallet. Coinbase have closed a load of accounts recently

+3

Zoran

Have always used Localbitcoins (almost 15 years). If you shop about the offers you can get coin without id checks from the sellers. The site makes you provide details initially though.

+3

Fiddler

Coinbase......!Wirex....

+2

The Khasi of Kalabar

I've used Paybis so far. Can be a bit slow but otherwise had no problems.

+2

Mrfish

Hey guys I got mine coinbase account no problem, but my mate tried to open account and its under review for past 4 days. Tried biliticous and got lost. I'm the older generation and really stragle to open account for him. We are totally useless, when it comes to computer's, Please can anyone recommend easy bitcoin exchange ? So my mate can start buying here? Thanks for help

+3

Hoopingmad

Bitpanda is very easy to use. Fees can be quiet high to be honest but i buy my coin there, send it to my Exodus wallet and then send to vendor from there.

+2

Gazzamius1

Coinbase for me.

+1

DOTCOMLOVER

Whitebit i use

5 posts

+7 votes

by SteadyRollingMan

Blockchain delays

+1

by SteadyRollingMan

Blockchain delays

Anyone else waiting hours for the coin to confirm on the network? Placed a small order this morning at 8:30 and it’s still pending confirmation on the blockchain. Been over 11 hours! Never know it take so long.
I’ve checked the transaction ID and I’m in the queue at no. 35000 of 225000. 🙄 I can’t up the fees on the app either to make things quicker! LB please can you implement litecoin? I know you’ve heard it all before but it takes minutes to send and fees are cheap as chips. Love your work tho ❤️

+1

BBDoom

There's websites that will boost your progress in the queue, i can't remember what the service is called, i've a couple bookmarked on lappy but they're not so much use unless you pay a little.
I waited 12 hours couple weeks ago tho i didn't pay much fees (a quid odd for a £75 transaction) but i caught the deadline anyways.
Last nights order around 22 hours ago went through fine, £144 transaction including the three quid odd fees.
Had one in past that took around 24hrs, but the blockchain was terribly congested at the time.

+3

iPostLinks

Or just set transfer fee to a higher fee. It will be picked up by a miner and transactions will be faster.

Lower fee's = slow transactions. Why we need to use bitcoin layer 2. lightening node. instant and low to no fees.

+1

SteadyRollingMan

Cheers for that. Didn’t know about the boosting sites. Never had the issue before. Longest I’ve waited is 5 hours. I’m sure it’ll go through eventually. Probably got bumped out of a block or something and I’m now back of the queue. Not that I know much about this crypto business.

4 posts

+7 votes

by Lost-odins-eye

Coinbase wallet

+1

by Lost-odins-eye

Coinbase wallet

Anybody ever had this issue.
So basically I bought my bitcoin via coinbase as usual and sent to my coinbase wallet using the send to my coinbase wallet function (never had an issue with this before and have only ever sent to my coinbase wallet)

Anyway coinbase has sent this to some random wallet with no connection to any of my wallets. Coinbase is basically not having it even though the transaction history on the account is all directed at my wallet.

I understand that this is one big fat loss on the wallet and the herb on a time a parent wanted to enjoy some freedom 😂😂 but I guess I just wanted to see if anyone had a similar problem or use an exchange that ain’t gonna flib you around like that.

+2

eybic

I use Kraken to buy initially, transfer to Exodus then out to LB from there. Coinbase aren't great and have been known to close accounts for the hell of it (mine included). My current method saves money and a lot of time compared to coinbase. I'd suggest trading elsewhere.

+2

Lost-odins-eye

Just downloaded Kraken I’ll give that ago, I ended up just exchanging and sending through revolut (higher prices) but coinbase has left a bitter taste in my mouth they also manage to vanish another wallet that had a little crypto (not loads but enough to top up orders).

I remember being issues with exodus is this all sorted now?.

3 posts

+4 votes

by Backwoods1999

Anyone else’s getting really high fees?

2 posts

+4 votes

by Gunga Din

Bad Actors on The Blockchain

5 posts

+10 votes

by klayton88

Coinbase - Verify ID - Not Working 23/3/23

+3

by klayton88

Coinbase - Verify ID - Not Working 23/3/23

Trying to send payment and it's once again asking for ID or it'll be sent in 3 days. I had this issue before and it finally accepted an ID then but I'm having zero luck here. It's never been like this until a few weeks ago. Is there something I'm doing wrong? Something I can do to stop it busting my balls every time? Merci beaucoup x

+3

BBDoom

Try a different device, i now use my pc as lappy it doesn't seem to like, i also changed my two step from a text message to the google authenticator.
Couple night ago my bank wouldn't send me confirmation txt either, if it's not one thing with CB it's another.
Hope you get it sorted, many suggestions on the wall for places to buy btc these days so check them out too.

+1

klayton88

Cheers man. I'll certainly be looking at a coinbase alternative. I'll try on my laptop next time and see if I have better joy than I have on my phone. Is verification with coinbase something that is supposed to happen with every single transaction or is it forgetting me some how?

+2

BBDoom

Go into your security setting in cb and have a look if something can be done there.
Every purchase needs to be verified by bank to first buy and then by cb to send, at least for me.
In my history on coinbase i've sent my btc to the same wallet address every time, so it doesn't look sus, looks like i'm saving up my coins in same wallet.👍

1 post

+2 votes

by eybic

Coinbase alternative

6 posts

+9 votes

by klayton88

Payment on hold for three days? (Coinbase 3/3/23)

+2

by klayton88

Payment on hold for three days? (Coinbase 3/3/23)

Just gone to pay for a relatively large order as I've done a many times and it's told me the payment is on hold until the 6th? This is through coinbase. It asked me to verify my identity to release the payment immediately, with ID and a selfie, which I did but nothing has changed. Any ideas?

+2

Feck99

Yeah I had the same issues couldn’t send any payments till I updated my ID with them I used the main Coinbase.com website to update as the app didn’t seem to update my ID worked in the end by logging into their website not the coinbase app hope this helps 🥳

+2

klayton88

Appears to have been released now after updating ID. Was worried for a second. Cheers!

+2

pollypuff20

I do wonder why anyone is still using Coinbase, it just seems really 💩?….

+1

klayton88

I don't want to rock the boat with my banks. Both currently accept payments to coinbase. The fees are shit yes.

4 posts

+17.2 votes

by zara2

what is taproot?

2 posts

+11 votes

by grits

Congo National Park Now Mining Bitcoin

2 posts

+5 votes

by generation last

Remembering Hal Finney on the Anniversary of the First Bitcoin Transaction

2 posts

+5 votes

by UKchedz

Segwit v Legacy addresses (Coinbase)

7 posts

+11 votes

by Father_Jack

Bitpanda prob: "transaction amount too low"

+2

by Father_Jack

Bitpanda prob: "transaction amount too low"

Hey biggaz, I'm currently been trying to send over 50 euros of bitcoin to my exodus wallet these last two days, but I keep getting the "transaction amount too low" warning blocking me. Their minimum transaction amount is only 10.95 euro plus 1.15 euros in fees. What is going on?

I'm now remembering that I had this same issue with bitpanda in the past, but forgot how I resolved it. Any ideas?

+2

Nickpj123

I had as well, have you tried sending the amount in coin and not euros?

+1

Father_Jack

Yeah, always trying BTC, just mentioned the value in euros here. :)

+2

Hoopingmad

Had the same issue recently when I was sending from the website. When I used the app on my phone I had no issues.

+2

Albert Swift

I had this, I was entering the bt coin amount but it was set to fiat currency,once I changed it to bit coin it went through ok

+1

Father_Jack

It's BTC and still stuck, appreciate the suggestion though!

7 posts

+21 votes

by xs8

Best method to cash out without attracting attention from banks/government

+2

by xs8

Best method to cash out without attracting attention from banks/government

Hi guys.

I think this question is mainly for the vendors.

So, what is the best option to cash out small/large quantities of BTC for fiat without attracting attention?

Mainly methods which allows you to have the money in your bank account instead of cold cash.

I know what I'm asking, so if you don't want to share it publicly but still want to help me with some advices, please drop me a dm.

+4

BBDoom

Buy gold with your btc, legit sites in uk will send to your door, no stealth needed.

+3

xs8

This does not resolve the issue, because I then have to sell that gold for fiat, thus I get thrown back to the starting point.

But thanks for this option

+4

BBDoom

I used to mine crypto,
nicehash software has an exchange and lets you withdraw to bank account, after you've verified that same bank account.
So you're a miner now, all you need is pc.
UK is growing supporter of crypto imo, in general at least, i know it's competition to banks.

+2

Backwoods1999

I’m pretty sure you can buy gold in bitcoin on some websites it’s a pretty sketchy coin ur definitely not the first and won’t be the last to try to hide it from the government so there is many many ways to do it but in reality unless ur a big time drug dealer they simple don’t care and will not investigate as it’s not unusual for people to havelarge amounts of bitcoin which is legal

+2

RealD 9.8/10

Look for a money launderers..

They take your BTC for Cash.

edit: Sorry dude just read you want it in your account and not cash..

Not sure your gonna have to clean the money before put it in your account.. or get individuals to withdraw small amounts of btc through their account and get them to send it to your account.. but you’ll be leaving footprint...

4 posts

+10 votes

by BBDoom

Coinbase sends locked 24hrs

+2

by BBDoom

Coinbase sends locked 24hrs

Hi folks, my sends have been disabled for 24hrs, i've been promised they'll be activated again tomorrow, anyone any experience with this horseshit?

+3

Rikform

Not experienced this yet but i notice that CB are going through some big changes at the mo, we can no longer transfer from CB to CB pro. I used to buy for around
0.15p on pro now i have to buy with regular CB but to be fair they have reduced their fee's to around 1.50 so not a massive loss.
Others have mentioned that signing in on a desktop can cure certain CB problems, hope you get this sorted out bro.

+2

BBDoom

Hi it got sorted, exactly 24hrs later, what a pain tho!
This is second issue i've had with it, last one was it setting a very low buy limit for me, both times i had my vpn set to uk, usually it's usa and i've yet to have any issues from there.

1 post

+2 votes

by 24601

What Are The Different Types of Bitcoin Nodes? How the Bitcoin Network is Maintained

12 posts

+17.2 votes

by zz87

Buying bitcoin wihout having to phone the bank?

+2

by zz87

Buying bitcoin wihout having to phone the bank?

Does any bigga have a solution to this or any ideas I can try? I'm sick of calling the fraud team they know me by voice now lmao - every purchase now I have to call in even when under £100.

Is everyone running into this problem? My btc provider has suggested I get a monzo account but I don't have (or want) a smart phone and it looks as though they only let you use the app? Does anyone have any other non-app ways of buying bitcoin?

Cheers Biggas, I know it's been asked before but usually the answer is "switch banks" and there's got to be an easier way!

+2

Construct

Are you using a debit or credit card ?,i know if you are using a debit and it is a mastercard and are buying in dollars then mastercard always sends you a text from the fraud department(is this you- yes or no),this is a pain as your first buy always gets cancelled because of it and you have to repeat the buy.
This is on blockchain.
Thanks to the new regulations sneaked in the back door by our corrupt UK government you are always going to get some kind of check when trying to buy bitcoin in the UK using a bank.
As for an easier way well they stopped all them like shutting down the ATMs to make it as hard as possible to buy without making it illegal(which they cant but would love to do if they could)

+2

Dornochdaftie.

I joined a site called coinbase,who i am able to send money from my on bank account to coinbase,and then buy bitcoin on this site.
you can then sent bitcoin to what ever address you like,there is normally a charge from your bank for the tranfer to coinbase

+1

zz87

Ah cheers mate I'd forgot about coinbase I've always avoided them because of the extra fees but if they can take deposits no problem then I think that might be my best option now tbh, beats sitting on hold for 30mins everytime I want to make a purchase anyway lol! :)

+3

Gunga Din

Coinbase works fine for me. 30 pence to send $120 last time. Monzo blocked my card purchase but not direct transfer, halifax transfered fine (again direct, not card).

+1.2

zz87

halifax is who I'm having issues with so thats good to know I always do transfers too card always gets blocked. I thought coinbase was more expensive than that so looks like they'll be the best option then, I had always used bittylicious until now but it seems like pretty much all their traders accounts have been flagged by halifax now.

+1

Gunga Din

Sorry my bad, Co-op not Halifax.

+1

Toking

Sending straight from coinbase is a bit dodgy unless your doing it from a coinbase wallet but that's on an app.

+1

Srfcsean 9.5/10

Go to a btc atm and send to your btc wallet and then to vendors , search local bitcoin atms near you 👍

+1

Hellfighter

Don’t use Coinbase use Coinbase Pro. Fees are WAY less. You just send fees straight to your CB pro acc - there in seconds then buy btc with normal exchange fees not Coinbase app ridiculous fees. Whole process takes under a minute :-)

+1

hoqwer

I've done loads of transactions on here using Paybis and never had this until tonight and my bank was shut. In the end I just used Bittylicious and paid by BACS transfer instead of card.

2 posts

+3 votes

by GasStation 9.2/10

best exchange no minimum?

11 posts

+33.2 votes

by sputnik99

bitcoin fee's

+4.2

by sputnik99

bitcoin fee's

Hi, I've bought off here 7 times now, the 1st 6 times were between last september and early january I'm pretty certain the charges I incurred for sending bitcoins from my Paxful wallet were around £5 or $5 Last week I made a purchase and was somewhat "surprised" to find that the fee was now .0004 Btc (£16) Has anybody else noticed this? Is there anyway around it? is it just Paxful ?
Personally an extra £16 would make it just too expensive fo me

+8

Super Hans 9.7/10

yeah admin needs to add LITECOIN OR MONERO. Much cheaper fees and easily accesible for most

+1

wavespell 10/10

Yes, monero is the way to go!

+7

grumpybloke

Bitcoin has become over priced to send, I tried to send the £19 I had left in my wallet set it to send all and it would only send £7.62 the balance £11.38 is fees. Tried the same transaction values with litecoin and the charge would have been 12p !!! COME ON LB INTRODUCE LITECOIN NOW!

+2

ReefLostCause

the BTC in my wallet has lost close to £20 in value over the last 24 hours and no matter what time i try to send the fees are just so high! unless i want to set the limit to about 12 bytes and wait 6 hours ..lol

+2

ndave89

If you buy bnb then send ot to your atomic wallet you can change it to btc in the wallet and then set your own miner fee . I set my own miner fee to like a fiver it takes longer but the initial transaction still goes through. To swap from bnb to btc its not even even pound . Xlm would be the perfect currency or bnb . 0.01 xlm transaction costs which is less than a penny

+2

MrDoe

The fluctuation and rise of btc price has driven fees up, personally I would use a wallet like electrum where you can select lower mining fees... One example might be buying a months worth of coins from a vendor like coinbase and transferring that to an electrum wallet, where you can then send payments at a lower tailored fee.

It may mean moving away from Paxful, but then be aware of minimum withdrawals as it may be possible to buy $30 worth btc, but the minimum you can take out is $70. Ultimately it's something you will have to research to find the best method/price for you, best of luck.

+4

Tony888

...or alternatively vote with our feet as the vendors have and just not use LB until it’s sorted properly and made fair for sellers and buyers.
It’s not rocket science to offer alternatives to BTC and it makes me slightly suspicious as to why LB are dragging their feet over this.
Come on LB! Don’t let us all down....

+1

wavespell 10/10

Too many exchanges now are charging expensive fees to buy and send btc off their exchange. I have a cex.io account...I recently bought $1500 of btc and was charged about $100! Is this about the going rate? I chose cex.io because it has one of the finest security ratings, unlike Coinbase where accounts are subject to hackers and random shutouts of user accounts. Be careful and choose an exchange wisely.

+1

breakingtheconditioning

I can understand why its BTC only - pretty much all the ‘real’ cash money (NOT USDT) still flows in and out of bitcoin almost exclusively. That being said the fees are definitely a problem making it impractical to buy smaller amounts from a variety of sellers which was always one of the things I really liked about this site

I think the fees will gradually come back down to earth but unfortunately so will the spot price ;)

3 posts

+13 votes

by Franklins 9.6/10

Vitalik: Control Is A Liablity

1 post

+3 votes

by wavespell 10/10

Crypto Trading

1 post

+1 votes

by howlateisnow

the road to worlwide bitcoininization (video)

5 posts

+5 votes

by zz87

My payment is being withheld by someone elses bank whilst buying BTC

+1

by zz87

My payment is being withheld by someone elses bank whilst buying BTC

Last night I tried to buy £xxx worth of BTC to pay for an order I made on here however apparently the brokers bank is holding MY money for "additional checks" so the broker can not release my BTC and I also can not get my money back as it's being held by someone elses bank not mine and until they release it that money is in the ether...

how can that even be legal? they can't even give a timeframe on when it will be released so far they've held it for 13hours and they wont even tell the broker when or if they are going to release my payment or what these "additional checks" are even for.

I use one of the major UK markets for my BTC I've been told by them that this is getting more and more common as a result of the bank clampdown (and I pay by transfer not card).

Thought I'd warn the biggas at any point you might send a payment for some btc and that persons bank might just decide to withhold YOUR payment! Dunno what I'm going to do now other than play the waiting game I guess but fuck bitcoin and fuck the banks! (I also feel a twat making the sellers wait for payment!).

Stay high biggas!

+1

zz87

Update - the brokers bank released the payment after 15hours and the bitcoin finally landed! thanks to Daan and RB for the patience and support.

For anyone wondering I bought the btc through bittylicious, why the brokers bank held the money none of us have been told (they just want to make buying btc difficult, I doubt they did any "additional checks"). Be careful out there biggas <3

+1

DanishBacon

Was this through Bittylicious?

+1

zz87

Yes mate, never had an issue with them before but they said this is happening to 6-7 transactions at a time now and when the bank finally release one payment they immediately withhold a new one and the bank wont talk to bittylicious about it. They use an escrow system so you can't really lose out as such but it still felt very iffy, had me worried for a little bit anyway!

1 post

+2 votes

by spiceX1

6 Cryptocurrency Exchanges That Don’t Require KYC

2 posts

+11 votes

by Tenpester

blockchain explained by chickens

2 posts

+7.5 votes

by saywreck

are there easy to read blockchain record sites?

6 posts

+19 votes

by energixed

Has anyone tried the Trust Wallet App?

+6.2

by energixed

Has anyone tried the Trust Wallet App?

Ive finally had it with Coinbase and see things have changed since I looked around. Does anyone know this app or another similar one?

26 posts

+83.5 votes

by DoctorExtracts 9.8/10

BTC VS MONERO as payment option

+13.5

by DoctorExtracts 9.8/10

BTC VS MONERO as payment option

Would anyone else be interested in an XMR payment option as it would be a lot more secure than BTC?

+8

jacktWEED

People are sheep, XMR is privacy based, what we are buying is illegal (in most places) so it would seem obvious to use xmr

but btc was the first coin and now the biggest

+2

jacktWEED

People follow crowds etc

+8

Super Hans 9.7/10

the more research i do on monero the more its everything people told me bitcoin was! Cheap, fast, secure and ACTUALLY anonoymous. How do we get monero on here?

+4

DoctorExtracts 9.8/10

Yeah it pretty much better in every way, It would make LB a lot more secure

+6

TheHappyBear 9.3/10

i agree xmr is a more secure option
it is at the end of the day deemed as a privacy coin

the only trouble i feel with this process is that customers may find difficulty creating theyre first transaction

as syncing the wallet can take upto a week using a regular hdd and a local node

this must be done, as without syncing the wallet no payments can be made

this is the issue i had when setting up and using xmr, my coins where basically stuck for a week while my getmonero gui synced

+4

aliakber

I would be open to monero as a payment option

+3.2

Blegg

Bitcoin is to mainstream now,

What happens when they audit the Bitcoin block chain. Which they probably will at some point...

People are going to have big problems

+3

theStrokes

Works for sellers but buyers will have a hard time exchanging into it.

+2

DoctorExtracts 9.8/10

I agree it does make more hassle for the buyer, but if you kept the btc payment system as well at leastpeople would have the choice

+3

Slewdem1184

Think it's about time for a change to avoid future problems

+3

swiller

yeah no brainer for obvious reasons.

+2

Slewdem1184

I think we should use XRP? :D

+1

Jimbo007

Aren't they being investigated by the SEC for fraud.

+2

Bigbum

I am but how do we change?

+3

DoctorExtracts 9.8/10

I guess hopefully some body from the LB staff sees this and might work on making it happen, I can't really think of another way we could make it happen

+1.2

Jimbo007

More secure probably not, harder to trace maybe. But the dept for homeland security has had tools to trace it since Aug 2000.

+3.2

theStrokes

they are truly amazing. not only is that before monero was invented it's before the department was established.

+2.2

Jimbo007

It's a typo, should be 2020.

+1

theStrokes

;)

+3

Buffy T

They’ve not cracked it, they are able to get a general idea but not the specifics, it’s gonna be a cat n mouse. OxMR has the new zsnark tech and maybe it’s the next gen

+1

Paloz

No !!!!, as it's getting banned. Got some xmr on Binance and can't fucking withdraw it.

+1

Buffy T

Brilliant, whenever something gets banned the price goes up

+1

smokinfish

XRP FTW

+1

grumpybloke

https://littlebiggy.org/viewSubject/p/4760120?gotoPost=zboxHbaGD

Greenfinger has a bit of a promising breakthrough.

25 posts

+42 votes

by daniels

To those looking for a new low fee wallet.

+10.5

by daniels

To those looking for a new low fee wallet.

Hey guys! New buyer here, great expierence so far!

The first time I made a purchase on here was using the wallet supplied by paxful and they charged me roughly 15 dollars in fees for an order than was about 40 dollars.

That made me then spend a long time searching for an alternative to use, because those rates from Paxful were absurd.

I found an app on the playstore called "Edge", (they're on apple devices too) and I used it to make a purchase with MJConcentrates. It worked like a charm. You can buy bitcoin and send bitcoin all from the app, and I got charged about 3 dollars for a 130ish dollar transaction.

You do need to verify your ID once when buying coins, so if that's something you don't want then avoid Edge. Though, if that doesn't bother you, I got my coins almost instantly, they sent instantly and the app is really user friendly and secure.

I hope this helps someone :)

Here is a link if interested: https://edge.app/

+3

Super Hans 9.7/10

THANKS GONNA TELL MY CUSTIES ABOUT THIS, SOME OF EM HAVING BEEN GETTING NO LUBED BY SOME OF THESE EXCHANGES

+1

daniels

More than happy to help the community

+2

Tobin

Thank you. Looks awesome.

+2

UKCannaFarm 9.5/10

thanks for sharing this mate!!

+1

daniels

No problem my guyl

+1

Meeder80

I'm definitely going to give it a go, Bittylicious killing me with fees, £55 required and they want £73???? Bloody outrageous ?

+1

OHGOONTHEN

Yeah I used bittyliscious for a £200 order charged me £265 almost!!!

+1

drdassler

DO NOT USE CEX.IO. The fees are 0.0005 BTC, which was ok to begin with but now that's almost £20 to withdraw.
THEY JUST INCREASED THE MINIMUM WITHDRAWAL LIMIT TO 0.002. My order was for 0.0019 & wasn't allowed. I had deposited the exact amount for the order but needed to add more. The minimum deposit is $20, which is more than I have left in my bank account now.
WITHDRAWALS TO MASTERCARD ARE SUSPENDED.
I now have £74 in my account, which I cannot withdraw to my card, I can't pay for my order & I can't deposit more to increase it. If I do add funds there will be over £10 sitting there, which I can;t get back out.
DO NOT USE THESE THIEVING SCAMMERS.

+1

tvsams

Thanks for sharing looks just the ticket. Which method of buying the btc did you use and was it quick? Cheers

+1

carverr

Gonna check this out! Thanks man, Wirex are bumming me hard at the moment with no lube -_-

Edit: The reviews are a bit disconcerting lol

+2

Raggley

I'm commenting just to tell people to NOT use Wirex. Ridiculous fees, appauling service. I transferred Eth a few weeks back... it took 6 days to transfer and they told me it was network congestion...never again

+1

daniels

oh? on the app store the reviews were good, on android anyway. I can't speak for the others but my expierences with it has been positive.

+1

carverr

Yeah Apple mate but I'm still going to give it a whirl!

+1

Stinkycabbage

Is there not risk by sending BTC from a non anonymous account? I was considering using samurai wallet. Any experience? Buy the coin from bittylicous or some other exchange first.

+1.2

daniels

Well, with Bittylicious you need to verify your idenity still i'm sure, so if any bad actors needed to trace you, they can always trace back to bittylicious from whatever wallet you're using.

I've never used Samurai Wallet so I can't speak on it really.

when you use any wallet to send to a seller of any kind, legit or non legit they can't see any of your personal details, until you give them your name/address for shipping of course.

I would say there is no real risk when it comes to using non anonymous accounts. the biggest risk we as buyers take is having a (wrongly) illegal substance come to our house. Which, lets be honest here, the police don't really give a shit about weed.

+1

Stinkycabbage

Thanks! I was thinking that using samurai (anonymous wallet/android app) could protect the identity of the ultimate buyer (me). Of course on the block chain you could see where the BTC originates (my verified account) however the wallet sending the BTC to the seller would be anonymous (with VPN used) therefore no way of proving you actually made the purchase.

Can you tell me anything about the sellers wallet/security status (what if little biggy/seller was hacked)

I'm looking to make my first purchase but still trying to understand everything

+1.2

daniels

Honestly though, when it comes to weed, expecially small amounts, police won't go through the ball ache of trying to prove stuff like that, like I said the biggest potential issue is one of the RM.

I wish I could tell you about the sellers security, I just don't know anything about it to be honest. I think it would need to be escrow that got hacked to compromise our details? I know that the addresses and orders gets deleted from the biggy servers after x amount of days.

I placed my first order a week or two ago and have had 4 different things come since then. Just make sure you stick to reputable sellers and check out the reviews before you place an order.

+1

Stinkycabbage

Edge looks pretty cool. What function do you use to send BTC to the seller/another wallet? Seems to be fairly annon other than the BTC payment method

+1

daniels

There's just a button that says send to wallet in the app

+1

ipiraka

Wish I saw this earlier, paxful fucked me over so hard earlier I had to pay 15 in fees for a small purchase

+2

daniels

The second I got charged X amount in fees by paxful I hunted and managed to find this wallet thankfully, the reviews and all that from others are good and my personal experience with it was good too so atleast you won't be charged exuberant amounts now lol

+1

Fundz7867

Not bad might give it ago as fees are getting ridiculous for me

+2

daniels

The fees are terrible with most places. I feel bad for the vendors too cause they have additional fees too

1 post

+1 votes

by OHGOONTHEN

low fee wallet and exchange.

2 posts

+6 votes

by rajrodger

Live by the meme die by the meme

15 posts

+42.2 votes

by BarbelHunter

48H of bitcoin tanking

+4.2

by BarbelHunter

48H of bitcoin tanking

Where will this end?

+6

Super Hans 9.7/10

i've got a mate who actually called the top (he's the reason i was making so many threads about not being able to move my money this time last month) and he reckons we've reached a bottom now. Even the things he was telling me to look out for beforehand I have seen such as the capitualtion wick down to low 30ks. Now hopefully bitcoin goes back towards 50k

+1

1620

to god's ear my son

+6

zz87

Investors must be absolutely shitting themselves now.

Can't imagine what it's like for the sellers on here who have money sat in escrow tho :(

I know nothing about it but heard a story a couple of weeks a go that some big players had all predicted the end of bitcoin was on the way so wouldn't bet on this sink being over yet.... could be good for buying btc if goes down to more reasonable level.

+1

pollypuff20

-30% across the big crypto’s now (3pm 19/5) !
Can the environment be enough to kill the golden goose??

+2

TK42

This could well be the beginning of the end for Crypto, it’s been a bubble waiting to burst and that bubble may well now have burst. As zz87 says below, I feel really bad for all the vendors with Crypto stuck in escrow as they are going to have taken a mega hit, potentially a completely screw you over kinda hit.

+2

Benidorm

I don't think you can 'end crypto'.

If you look at some of the newer crypto and how are they build you will start looking at BTC and ETH as more of prototypes than the actual currency.

I don't think regulators can keep up with technology. Remember - the point of crypto is to replace government controlled currency, it newer was about quick gains and 'one solution we have to stick with'. At some point you just won't need FIAT currencies to survive.

+1

ljm95

I been trying to wack a few quid extra in for vendors etc and whoever's looking after funds should be moving it around especially if their experienced enough I been riding the rollercoaster of crypto for a few yrs I think their trying to sink it BTC was created and people where told a few yrs back it's to cripple the economy but China couldn't let it ride the full course hence their trying to get every pennie back from it's citizens but if it stabilises then all the cheap BTC coming out of China should be a great asset it's not like their government won't try sell it next door cough cough Russia IMO but it could go alot of ways

+8

Tony888

Bottom line is some very rich people want a piece of the action. They resent the fact that this is a new technology they don’t control of have the hang of.
So they’ll try to destabilise the market under the auspices of ‘regulation’ ‘crime’ ‘customer access and consumer protection’’ and all the other bullshit excuses they can come up with to get their slice.
So there will be more dips and peaks forced by traders to try to liquidate their clients assets, the tech will not go away! It’s here to stay and in time there will be customer terminals and pay options for retail. It’s inevitable. I think BTC will robustly recover and be back up way above today’s levels by the end of the year.
Long term three year very healthy gains will be made ultimately. I hope that by 2024 we could see very large gain on investments.
Hold your nerve, diversify (freecoin, Shiba coin etc) and don’t let the Uber rich arseholes make a fortune from your assets!!! :)

+4

Tony888

Also- twats like Musk are just glorified government contractors. Dodgy ones at that! Yes he’s a bit clever, but not that much and he’s also an arsehole.
He tried to play the market and the market told him to fuck off. :)
Another tip is to invest in gold and silver. Don’t put all your eggs in one basket.
Metals are a good physical product while cash is ultimately worth jack shit if things go wrong!
This is all my opinion and not financial advice though.

+4

Paloz

Agree with Tommy . We've seen this before, players pushing price down to get cheap BTC.
To them morons who saying BTC will go to zero and end of crypto, put the pipe (joint) down and educate yourself ffs. !

+1

Bigbum

It’s ends when people educate themselves about the differences of investment, speculation and outright gambling

+0

Bigbum

Potentially at 0 because bitcoin is just an idea with no actual underlying value such as assets, future profits or current dividends. It’s just all hype, a who is the greater fool trading. Bitcoin is not an investment. Some will get rich but most will be left holding the ball with piss running down their trouser legs

+1

Bigbum

Truth hurts, sorry to all those who believe bitcoin has any kind of book value or future dividends. Keep the zeal, it must be serving you well for your bitcoin “investment “. There is no way bitcoin has anything to do with hype;)

2 posts

+2 votes

by Khuunntt

Free €10 for new bitpanda users

6 posts

+7 votes

by stealthmode

New to BTC

+1

by stealthmode

New to BTC

I’ve been on here a couple of months and have made several small transactions which all went very easily. I’ve used coinbase to buy BTC and then sent them directly from the coinbase app to the vendor. Is this safe? Or should I be transferring the purchased BTC to a different wallet first before sending to the vendor. I don’t intend to use BTC for anything other than said purchases. Thanks :)

+2

markhawkins

As a noob added 60 USD to CEX.io but now cant pay for 50USD worth of anything as the BTC amount needs to be 0.002 to withdraw, maybe i am missing something here

+1

pollypuff20

It’s just another of the ways the exchanges kick us in the butt- minimum transfer amounts AND high fees- making small or even reasonable purchases unviable. Crypto.com has a minimum of 0.004 (!). Moved to Bitpanda but it is still 0.0015

+1

HotMeatPie

Yes it's safe.

If you were selling, you'd work differently.

+1

Michellis

As I understand it, and I'm new to the Bitcoin game too, It's better to transfer your coins to an offline wallet. Thereby keeping it completely safe. I use the Exodus wallet which is very user friendly. I then pay directly from there. The only issue I have had is (unintentionally) not paying the full amount, but this is down to my incompetence. And I'm sorting that I out!

8 posts

+19 votes

by theStrokes

bitcoin isn't like banks, its like opec

+5

by theStrokes

bitcoin isn't like banks, its like opec

bitcoin simply functions as a cartel, there's rent to be collected when you can corner a good piece of the market and that's exactly what the mining groups do.

use bitcoin and you are a subject of the miners and their self interest. once the market reached trillions in usd it became a billion dollar business just to sit on your ass and play games with capacity. This is the definition of malignant monopoly power.

+4

Tenpester

Capacity limitations are baked into the bitcoin protocol. There have been opportunities to improve capacity but guess who controls the protocols?

+2

illirum

This limit to how many btc is done on purpose obviously. And they have done it with certain projections in mind.
So when more than 45% of btc is in the wallets of 1% it starts to become a huge tool for manipulation and surveilance.

+1

therealStoneLee

Who?

+1

Bigbum

The users

+1

illirum

And who owns most of bitcoin? Right!

+2

illirum

All the more reason we have to switch to LTC, ETH and Monero!

1 post

+1 votes

by drunkmunk69

Will miners rule btc?

11 posts

+59 votes

by spiceX1

Blackouts in China Have Pushed Bitcoin’s Hashrate Down 49%

+12

by spiceX1

Blackouts in China Have Pushed Bitcoin’s Hashrate Down 49%

https://news.bitcoin.com/bitcoin-hashrate-drops-xinjiang-blackouts-blamed-btc-price-slides/

The blockchain has lost 1/2 its capacity as “Xinjiang is facing a major power outage due to a coal mine explosion”

2 posts

+12 votes

by defnote

Korean Crypto Trading Now Bigger Than Stock Market

7 posts

+12 votes

by Raggley

Bitcoin privacy. Can someone recommend a good hot wallet?

+2

by Raggley

Bitcoin privacy. Can someone recommend a good hot wallet?

I don't want to keep using exchanges to send crypto, due to the crazy fees (and lack of control over them) and also privacy concerns. Can someone recommend a wallet where I can send my crypto to then make private payments.
I've made some effort to find answers here, but I'm struggling to find exactly what I'm looking for.
Many thanks
Raggley

+3

5chan

almost every wallet lets you set the fees, it really depends what your platform requirements and tastes are. i like electrum.

+2

Raggley

Thanks, I was actually looking at electrum!

+1

daniels

Use Edge

+1

ptsdlb2

Ive just used coinami for the first time, great to use but sending fee was £10 for a sale that was only £35!!!

Is that normal or not? thanks

+2

Raggley

When the network is busy the fees can be extremely high. It's worth knowing though that the fee is the same regardless of the amount you send so it really pays to make larger orders. When you have your coins on an exchange you generally have no control over these fees, but in your own wallet you can adjust these fees to an extent

3 posts

+5 votes

by theStrokes

will para-chains take down the value of btc?

46 posts

+72.2 votes

by greencigar

BTC Fees Crazy High?

+7.2

by greencigar

BTC Fees Crazy High?

Wow... The BTC transaction fees have been super high today. Anyone else experience the same thing?

+4

zz87

Use "replace by fee" in your wallet and you can set the transaction fee to as low as you want, don't go too low though otherwise no one will bother confirming your transaction.

+3

Jimbo47

Am with coincorner shit man they charge to deposit then charge to buy btc then charge to send btc its so embarrassing sometimes when a think a have enough btc to buy then after forgetting about the fee a have to cancel lol

+1

Bally7979

Hi hate Coin Corner its such a rip off. Does anyone know any cheaper options apart from checking for your local dealer instead.

+1

cheesemonster66

I buy the bitcoin , xfer to anonymous wallet , and pay from there. Fees are normally in pence, but does depend on network traffic.

+3

Tuttifrutti

I had that yesterday. Nearly £3 to send £125 from blockchain

+2

greencigar

Crazy shit. Same as. I had to buy more BTC just to cover it!

+2

Tuttifrutti

Same here!! I had 3/4 quid in there already it wouldn't let me use it either ?? I had to top up , still got the 3/4 quid ??

+2

MarkyM420

This happened me with Blockchain. I made sure I had enough in my wallet to pay, but when trying to do the transactions it wouldn’t let me saying I needed more money - despite having enough for the payment + sending fees.

Topped up my balance a few quid, paid the transaction and when I checked my wallet after I had around £5 in the wallet. Really frustrating losing unnecessary money to fees!

+1

Millzer94

Coinbase only seem to charge me €1.99 fee for sending and receiving BTC

+3

greencigar

Coinbase have all your personal information... don't forget that!

+1

Petitefleur 10/10

not only do they have your personal details, they send them out like a receipt to anyone transacting with your wallet. Found that out the hard way. Doxxed by my btc wallet lol

+1

theflyingfish

Bitcoin beginner here. So i buy bitcoin from coinbase - they have all my info right i get that. Then i send to my wallet (also a coinbase one). Then i send on from my wallet to another wallet - is my personal info shared in that last stage? Can anyone ever connect that last stage back to me via coinbase?

+1

Petitefleur 10/10

Yep. Has happened to me.

+1

Millzer94

Not like my door going be booted in over a 50 pound bag bro lol

+1

Millzer94

And what a cunt that is btw

+1

Petitefleur 10/10

This is happening to me and its driving me up the wall! How on earth are you supposed to enjoy the gains of BTC when youe wallet/blockchain wont let you spend all funds?? I usually have $10-15 stuck in my wallet and am only able to send it if i hit lowest lowest priority, then it takes a week to move to my other wallet. Not cool

+1

Tuttifrutti

Petite send your funds after midnight , cost 16p to send £150 last night :) :) always quite late in the night :)

+1

Petitefleur 10/10

I usually buy on here after midnight. I'm not having issues with fees though???? Haha

+2

MrDanksby 10/10

the fees are literally sickening at times

+2

Jonbishop

Cash.app is ~2% ...uses SegWit-Bech32...once to buy and once to send. Transaction was super fast, <1min to confirm at escrow.

+2

cheesemonster66

If there's more transactions going on, then the fees increase (I think). So, it BC is ona run, lots of people buy and sell and network fees increase.

+1

NinjaDread

Yeah pal, they wanted to charge me a £17 fee on my £50 purchase, I couldn’t bring myself to do it !!! Times are hard enough as it is, and then they wanna pull my pants down and rob me. Not sure how things are gonna be from now on though ?

+1

Tango00

LocalBitcoins I use and I think the transaction fee is always the same bought around 400gbp in bitcoin and paid £1.20 to send over

+1

tvsams

Pretty sure I’ve just been charged about £16 to send £38 through coin corner feel sick 0.0005 btc didn’t realise the amount at the time.... any tips how I can get my remaining money in there approx £35 out to somewhere cheaper to send from?

+1

Bigbum

Just paid 6p:)

+1

greencigar

Yeah, this was posted about 2 weeks ago.

+1

Jayboy

Hi green cigar. ..yes i had same problem last night.just wanted to make a small order this time..around £20..and Bittylicious wanted £10 in charges..WTF..cant bring myself to make order now..£30
For a basicallly a sample..seems like im not the only 1..its vendors who will miss out more now..so means no weed for the weekend.but i wont be going ahead with order either way
Its a case of cutting my nose off this time..than pay that f***ing ridiculous amount..jb

+1

skritekk

i was buying last night and fees were as always on coinbase

+2

greencigar

I don't send from Coinbase... It's linked to all my personal data. I use a separate wallet. This is where you'll see a hike in fees (from a seperate anonymous wallet).

+2

Petitefleur 10/10

same, unfortunately

+1

Tdtime

Cost me over $10 in fees last night to buy something which was $14, so almost doubled the total price I had to pay

+1

greencigar

What wallet do you use, man?

+1

Tdtime

Coinbase wallet. Was pretty strange considering that moments before I had done a $30 order and the fee was like $1.70

+1

hesh 10/10

was trying to get an order in last night but the minimum fee to send any transaction was £7+ and i couldn't bring myself to pay it!
but then i started thinking what if this becomes the new norm, went to pay it and the fees had gone up to £9, so i had to buy more coin to cover the fees whilst paying fees over and over again to coinbase for buying small amounts to try and cover this network fee, this actually kept happening over the space of about 2 hours, in the end lost about £24 to fees just to order something for £96 and the £10 network fee you see at the bottom there, honestly can't even begin to explain how pissed off i am!

+3

Tuttifrutti

Hey Guys
Do your trading late at night , cheaper fess when it's not busy , or certain times in the day .. if you check on your wallet and have btc coin in there it will tell the fees to send , thats when you know its cheaper times ect ..

+1

Bigbum

Mine says 19p at the moment. I use blockchain

+1

WHL_712004

Had a 19p transaction I made today at 10am. Still pending. Can’t knock Coinbase on this one this is sending eth from Jaxx but either way to be out of funds and 12 hours pending now is fucking bollocks

+1

Petitefleur 10/10

I had a lower priority transaction take a WEEK recently fml

+1

WHL_712004

Christ almighty...I wouldn't have minded I knew it was no relevance to the miners because of the low gas fee, but the fact I couldn't even increase the price manually is pretty shit so once paid up had no control..still a way to go until this is viable across the board. Possibly improvements with ETH 2.0 on the speeds but unless you can affect the reward to the miners you're caught really

+1

Petitefleur 10/10

I did set it at the lowest priority (issues with balance spending) to move it to another wallet....but a WEEK!

+2

WHL_712004

Shocking mate

+1

greencigar

Coinbase has all your information, right?

+1

WHL_712004

ID yeah but all goes through separate wallet anyway they weren’t the issue was the gas fees on eth, either way bit of a nause

+1

WHL_712004

Been there mate ultimately crypto will never replace fiat with these issues. Greet investment especially with recent trends on btc and eth but still too jumpy for these quick transactions. I try and keep a fiver or so buffer and always send over a couple of quid on top but still wide open and will happen again. You could easily stick a tener on top of already inflated product prices which is another factor why buyers are getting fed up

20 posts

+42 votes

by DoctorExtracts 9.8/10

Anyone on here mining

+3

by DoctorExtracts 9.8/10

Anyone on here mining

Hi, just wondered if anyone on here mined BTC or any other cryptos, If so what set up are you using, like what GPUS or ASICS and how many and what kind of profit they generate if any. I'm very interested in cryto mining but want to see how profitable it is first. Thanks for any responses

+3

aliakber

you can mine BEE for free message me I’ll get you set up

+1

DoctorExtracts 9.8/10

I've seen a lot of people talking about this and sharing their referal links, how does it actually work?

+3

ChronusBuds 9.8/10

You download app from Google play. Mining sessions are 24 hours, where you need to activate next session to continue mining( click a button). Mining can be upgraded, by different means, e.g. adding friends. Sending your link, and or adding to your network. Node mining can be undertaking on pc as well, just about to launch..

+2

DoctorExtracts 9.8/10

It sounds pretty simply to set up, I will give it a look

+2

ChronusBuds 9.8/10

Both Pi and Bee, work exactly the same, looking at GUI and set up, but Bee has higher mining rate currently. Next halving coming soon, so get that sweet honey.

+2

percyswill

I’d totally recommend https://www.dxpool.com/register/phone?refer=390214 I’ve been mining for ages with them and it’s so straight forward. I’m mining HNS (HandShake), doing pretty well at $6 profit a day per machine. If anyone is looking into mining, I’m setting up a farm here, I can get a new machines direct from the manufacturer and they have a brand new machine out soon, but very limited!

+2

percyswill

I save 50% of the coins I mine then convert the rest to BTC :)

+2

UKCannaFarm 9.5/10

Been thinking about this a lot lately myself bud. Electric is quite high were I am though. Would be keen to mine ETH I think.

+3

DoctorExtracts 9.8/10

Yeah I thought about a ETH GPU set up, but I agree power costs are just too high in the uk, I've been looking into potential solar power with a big battery bank, it would increase set up costs but would be very profitable in the long run

+3

UKCannaFarm 9.5/10

https://www.eco-worthy.com/products/1000w-1400w-24v-off-grid-hybrid-system-with-400w-wind-generator-100w-mono-solar-panel-3000w-inverter?variant=30306846244916

Aw man, I've been doing exactly the same xD. Check out the link i've added, it's the one I'll hopefully get. I've been looking at sheds to house the equipment and make a start.

But yeah man I figured the shed would be freezing cold outside so it would keep the miners cool and I wouldnt have to deal with the noise of them. A pipe dream for me right now one day!

I've lost touch with browsing mining rigs on youtube the tech changes so quickly, i'll look back into them later. Do you have a rough cost on a rig?

+3

DoctorExtracts 9.8/10

That hybrid system looks great, would be perfect for the days where there isn't any sun because its always pretty windy where I live. I stopped watching the YT videos on hardware aswell, I pretty much only check on Whattomine.com, I'm sure you've probably heard of it but if not its such a good tool for working out costs and profits of nearly any rig you could think of. My long term goal is to make a rig worth about 100K which should give me enough money to live off quite comfortably, I expect about 1/3 of the price to be for the Solar panel System. If I had the money right now to buy it all I would probably go for an AMD build using 5700XT's as their a lot cheaper than the NVIDIA equivalent. I think the shed is definitely a good idea, I used to have a small rig in my house and it made a lotttttt of noise and that was with only a few graphics cards.

+2

UKCannaFarm 9.5/10

Didnt know the site, will check that out! thanks man! Hope this works out for you :)

+2

DoctorExtracts 9.8/10

Thanks man you too, hope that site helps you as much as it has helped me haha

+1

percyswill

I just went for it, 4kwh solar and adding a battery soon :)

+2

ChronusBuds 9.8/10

You can mine Pi for free, from your mobile, stage 2 currently, pm for link if you want to get in on the action. Open app and tab a button once a day. Easy Crypto, send to friends to increase mining rate.

+1

DoctorExtracts 9.8/10

How much are you making a day from this if you dont mind me asking?

+3

ChronusBuds 9.8/10

Currently on 0.34 Pi per HR.

+1

ChronusBuds 9.8/10

Currently 1.579 Bee per HR, for comparison.

2 posts

+9 votes

by bayou

Where to Buy Bitcoin In India?

2 posts

+2 votes

by TheHappyBear 9.3/10

when was the first time you came across bitcoin

2 posts

+2 votes

by supergutman

Football/Crypto Fantasy Football

14 posts

+36.5 votes

by breakingtheconditioning

CRYPTO APOCALYPSE

+3

by breakingtheconditioning

CRYPTO APOCALYPSE

How is everyone holding up XD

+3

Gods Connect 9.7/10

We got wrecked lol. Long term still very bullish and are hodling for dear life.

+3

tigrrboxer

ugh bought btc on localcryptos yesterday via paypal. Paypal put a freeze on my funds for 24 hours after I sent it. In 24 hours the btc I bought basically plummeted in value and now I have to buy a quarter instead of a half :(

+2

ShedSmoker

Done it twice in a two weeks man...feel your pain...coinbase froze me yesterday too...

+2.2

tigrrboxer

ugh coinbase is the worst. even a bitcoin atm is better than coinbase.

+1

grumpybloke

Lost about £40 this morning, bummer!
I knew I should have made an order last night.

+4.2

ShedSmoker

Me too man. Lost about £160 in 2 weeks where I have been trying to decide what to buy!! Been going to bed thinking ‘I’ll sleep on it and do a buy tomorrow’, wake up and boom, fucking buy money half gone... been a proper shit couple of weeks... fucking stock market has got near on a oz of my weed money... ha fuckers...

+5

Smee

Keep that bitcoin for the future when it rises and buy bitcoin now for purchase. That way what you pay now won’t be over the odds and when the market bounces back after coronavirus dies you should be sweet, maybe better off

+3

Smee

Only buy coin when you purchase

+2

Seno

I decided to sell a 50g block of 24k gold, made an awesome profit from when I bought in 2012, (bought a few in mind of another global meltdown or apocalypse haha) then reinvested a little back in bitcoin about £800 worth and that’s died now. It will come back around though, if only I held off for a week.

+4

lettuceman 10/10

buy £40 worth of bitcoin now and sometime soon it will double......mayybe

+1

Smee

Well I have a theory like yours I’ll mention above

+2

Smee

Just new funds in when you make a purchase, that what you have sitting there will go back up after the covid-19 pandemic

+1

Fiddler

Concur...!

5 posts

+4.2 votes

by LondonFrog 4.2/10

BITCOIN Mining profitablity

+2.2

by LondonFrog 4.2/10

BITCOIN Mining profitablity

Hi all I used to do a bit of btc mining sometime ago with an old pc and a couple extra graphics cards, madeareasonable amount doing it just wondered if anyone else still did it and if so is it still profitable? and what set up do you use?

+1

Steve911

Unfortunately I think the mining ship has sailed , probably much better just buying and holding bitcoin.

+1

Jimbo007

It's always profitable just depends on what you have and what you mine for any given coin value.

https://whattomine.com

+0

percyswill

I got CryptoTab and am really impressed -> https://cryptotabbrowser.com/16942477

I mined enough to buy 3.5g in no time by browsing the web!

+0

MagicMountain

https://cryptotabbrowser.com/16748411

Ive found the best way is to mine passively using a browser, im on 16TH/s. With two android devices and a pc. Take a look, if you dont want to you dont have to but ive been earning for some time now, with no cost you can make $1-$2 a week, doesnt sound like alot but for absolutely nothing its amazing. You can buy multipliers and things after you have earnt some btc if you want and then you can really start earning.
Take a look, no strings

6 posts

+15.2 votes

by Hootie and the Blow Job

silk road treasure opened

+4.2

by Hootie and the Blow Job

silk road treasure opened

https://www.theguardian.com/technology/2020/nov/04/silk-road-bitcoins-worth-1bn-change-hands-after-seven-years

a billion dollar stash of btc has just moved from it's ancient wallet.

+3

HBiz

They were just charged 9 quid to transfer a billion. That's mad. I didn't know charges were capped.

+4

Mhokurtz

Blockchain are trying to charge me £13 to transfer £45 lol....I need to find out where they got it so cheap hahaha

+1

oasis

the more fragmented the coins the more processing required. this is the definition of old money. hope some cunt hasn't just stolen it.

+1

Super Hans 9.7/10

"the more fragmented the coins the more processing required"

something i'm only realising now! with the many payments from LB my transactions when cashing out are massive, costing me 50 quid odd just to move it. And looks like one of the alphabet agencies has seized it :(

12 posts

+27 votes

by V0ices420

Bitcoin price

+4

by V0ices420

Bitcoin price

Is there anyone else that used silk road back in the day and almost feel sick to the stomach when you see the BTC price? I found an old email I sent to Britcoin (First ever UK bitcoin exchange) telling the owner I just transferred some money over to his account at the end of 2011. I think I paid £8 each bitcoin, I wouldn't think anything of it having 50 BTC in my account. They changed there name to intersago and just fucked off with everyones coins but at the time that was part of the 'industry'

+4

zz87

Many, many moons a go when I was a home working web developer I took on a random job for 500bitcoin, they weren't worth anything at the time really they where still brand new, you can probably guess where this is going.... in the end I just kind of forget about them and then my harddrive died and I didn't even think about trying to get them back.

They'd be "worth" about 15mil today lmao, ah well easy come easy go and all that :P

+3

V0ices420

Omfg ZZ,.....That's mental, I love your attitude tho :)
Have you ever heard about that guy who bought a pizza for a million plus bitcoin, like you said they were worth nothing really at the time.....he paid 20+ billion in today's price for a pepperoni pizza....shit man

+3

zz87

lmao that's amazing there's bound to be loads of stories like these out there especially from the early days, you have to laugh about it really or it'd drive you mad haha plus it's all hindsight now innit :)

+1

V0ices420

Yeah there must be loads of stories like that, you're completely right bro it's all hindsight....It would be way worse the other way round, people paying millions for them and they end up worth fuck all lmao

+1

Gazzamius1

lol mate. do you still have the hard drive. ??

+1

aliakber

holy crap mate try and get them back

+3

KickAss420

Tech friend I had insisted that I buy at $200. Told him the whole thing was batshit crazy and didn't. I wasn't wrong. I just underestimated the stupidity of man.

+2

Jimmy_Bison 10/10

Mate I wish I put a grand in my BTC account in October.

+2

Deez_nuts

Seems to be flying back down today. Lost 25% in one day and still going. You might get to October numbers by the end of the week mate

+1

Jimmy_Bison 10/10

Yesterday was the day I was going Chuck a grand in too.

1 post

+1 votes

by Mokum

Minimal transfer amount & hardware wallet (7/01/2021)

3 posts

+2.8 votes

by Oneoddsock

I am utterly clueless

7 posts

+10 votes

by DoctorExtracts 9.8/10

BTC at 17K GBP!!

+2

by DoctorExtracts 9.8/10

BTC at 17K GBP!!

I haven't seen prices like this since 2017. how high will it go?

+2

aliakber

it did go very high

+1

DoctorExtracts 9.8/10

You make any money from the rise?

+1

aliakber

personally no I lost out on £170 unfortunately

+1

DoctorExtracts 9.8/10

I made a big order of distillate just before it went up so i'd spent a lot of my btc so I din't make too much either, oh well haha

+1

Skipedy123

I've been messing around with crypto about 4 years now. Buy as much BTC as you can and just hold it, dont spend it. Have a working BTC wallet and a savings wallet. If sure does add up especially with big jumps like recently. BTC is only getting started. Its being adopted by US Financial Institutions as a hedge against USD inflation. The price of BTC will probabely double again next year. Some people think it could hit 100k USD.

7 posts

+12 votes

by Agent Blue

I'm a fool

+1

by Agent Blue

I'm a fool

So I've never used bitcoin before! I setup a wallet and made a payment, waited for it to go through and then checked my bitcoin wallet and it showed the amount I paid for in there. I then proceeded to try and make a transaction but couldn't work out why it said I had no bitcoin to spend, and I was like "wtf why can't I spend this". I didn't realize that you have to wait for the bitcoin to go through another process of bitcoin transaction or whatnot...

I guess I just have to wait a little longer before I can spend the bitcoins..

Hmm so the transaction went through and I've made 2 orders so far, I've tried to put a another order through but for some reason it says I don't have the bit coin for it even though I do. Any ideas why this is happening?

+2

Jakko1992

Use Paxful mate. Goes into the wallet instantly and reasonable fees

+2

Agent Blue

Well it seems its all fixed now, I've placed my orders and now just have to wait.

Sorry about all this I'm new to using bitcoin and was a tad worried about the situation!
Here's a bad joke to make it up.
I told my wife I was going to make a car out of spaghetti, fussili and macaroni, she thought I was joking but she won't when I drive pasta.

+2

zz87

You should be able to spend unconfirmed bitcoins, I do it all in the time using electrum wallet, maybe there's an option you need to enable in your wallet.

As for the second part do you have enough BTC to cover the transaction fee as well as the payment? remember you always need a little bit extra :)

Good luck mate

+1

Agent Blue

Yeah I made sure that I had enough in my wallet to buy my items and have more than enough to cover any transactions I made. Like I said I new to bitcoin and am most probably just having some teething problems at the moment.
I'm using a ledger nano 2 just for reference.

+3

Bigbum

If you are using blockchain, they are gits, making you wait a week before you can use your funds;(

1 post

+1 votes

by Mokum

Head shops that accept bitcoin (18/12/2020)

1 post

+1 votes

by SnakeEyes 10/10

WILL THE PRICES HOLD?!

3 posts

+6 votes

by dugly fresh

how can i earn some bitcoins?

3 posts

+4 votes

by greencigar

BTC Legacy Address

4 posts

+17 votes

by breakingtheconditioning

Why BTC when you have STABLECOINS

+10

by breakingtheconditioning

Why BTC when you have STABLECOINS

I have placed a fair few orders here but never posted before. I love it. However it's just a fact that BTC is expensive to move around and the USD value fluctuates wildly. So why not implement a similar system but with stablecoins? A stablecoin on Ethereum is very cheap to transact with and the USD value is... 1 USD.

These are the main ones:

-Tether (USDT): created by the Bitfinex exchange, there are like 4 billion of these in circulation, but it is backed by dollars held in some dodgy bank in the bahamas (or not!!!). May be one to avoid IMO.

-USD Coin (USDC): similar concept but backed by Coinbase. About 400mil in circulation but way more reputable and cleared with US regulators.

-DAI: backed by ETH held as collateral without a dollar in sight, algorithmically pegged to USD. A remarkably clever system that's the closest thing to a 'true' decentralised stablecoin. If you are a clever clogs you will enjoy reading about this one. About 80 mil in circulation.

It gets better... if you build a system that works with one ERC20 token, it works with all tokens! Merchants can get paid in whichever stablecoin they please.

Thoughts? I appreciate BTC has been around the longest and reliable software is hard to come by...

+3

Han duo

Nice, what are the exchanges like in USA and UK?

+3

breakingtheconditioning

Coinbase is pretty great in the UK these days. Same day Faster Payments up to 20k, free crypto to crypto trades including DAI and USDC

Unlike our American friends we can use pretty much any exchange we like

4 posts

+8.8 votes

by zz87

Argh bitcoin!

+2

by zz87

Argh bitcoin!

Sorry biggas ignore me just need to rant about how annoying buying bitcoin is! lol

My new license still hasn't shown up so I still can't buy any more BTC from my usual source (bittylicous) - been trying all night to find another source without ID and they're all full of shit, every single one of them. Loads of places claim to sell without ID but none of them actually will and it's pissed me off how much time I wasted looking and I should have known the outcome!

Thankfully I have plenty of local spots to get my bud from but I really wanted to get some more orders in on here where I can pick my strain and support some great sellers that I've got used to getting lovely little deliveries from! :)

Ah well fuck it, back to waiting for the DVLA... however long that will take lmao

An enterprising bigga with money to spare should set up a btc exchange especially for us littlebiggy members! :P

+2.2

mrspock89

Have you tried a BTC atm?

+2.2

zz87

Non anywhere near according to google, hard to find normal cash machines round here though lol I'm going to do a shoutout to my real world people and see if anyone I know has any they can sell me I doubt it but you never know - will be ok though now I've had a whinge about it my ID is bound to show up next week haha fingers crossed! :)

3 posts

+8 votes

by therealdannyboy3

what exactly is a bitcoin?

7 posts

+26 votes

by horn7

Brock Pierce: The Hippie King of Cryptocurrency

2 posts

+4 votes

by theStrokes

Why are Decentralized Exchanges Still a Fail?

1 post

+2 votes

by senorbean

Zap

4 posts

+10 votes

by greencigar

Transaction fees have eased off a bit...

15 posts

+70.5 votes

by quentinT

what determines the price off bitcoin?

+18

by quentinT

what determines the price off bitcoin?

im not an econ guy but im really curious how professionals look at this.

+10.2

ilsenator

I believe that BTC price is determined by an alcoholic garden fairy, named Phil. He takes his most recent Pacman score (he plays nearly everyday) divides it by the middle two digits of a random phone book entry, then multiplies it by the number of things he can see that begin with the letter 'F'. That, to the power of 3 and dived by Pi, is the current value of BitCoin.

+2

dr drek

oh that bigga

+1

British Bulldog 9.9/10

Haha, you write really well. Reminds me of Douglas Adams.

Kudos.

I've posted this before on here but when the Silk Road was a thing (around 2014), I bought 46 bitcoin for $9 each. Spent them all on drugs.

Didn't save any.

Apparently you live and learn but that was a hell of a pill to swallow when they went to $10,000 a piece!

Oh well. Fuckabix.

Cheers BB

+1

Bally7979

Wrong you forgot to multiply by infinity at the end.

+9

guruofinfo

Pretty much all coins vary in value like stocks do. There is finite supply of coins based on mining, which is using processor power to solve pieces of the block chain which gets more difficult as it progresses. However no matter the amount of coins that are availible if they are not wanted then the price goes down.

Often times certain events influance the demand for the currancy. The reason it went down this time was due to a Coinbase announcement that they where not going to be allowing BCH trades for a specific period after the hard fork that happened just recently. A big BTC holder sokd off a shiload of coin which started it to drop and of course others started following suit and sold off their coin as well. There are also things like market corrections, people pulling out to invest in stock or alt coins and a bunch of other random shit. Some of which is predictable and others very much not so.

Hope that kinda sumarizes things.

+1

dooooy

Shouldn't that coinbase announcement help BTC as it's a substitute for BCH?

+2

guruofinfo

The cryto world is even more fickle then the actual stock market. CoinBase is one of the biggest market places / sellers of crypto so it put a lot of people on edge. Been downward a lot since then.

+7

howD

Supply and demand. Not being short here but every price comes down to that.

+6

Franklins 9.6/10

OK what determines supply and demand?

+4

bojack

Supply is limited by mining difficulty so it's always growing at a slower rate. Basically coins are getting harder and harder to mine.

+3

Bazza 9.9/10

So the bitcoin value should be increasing not decreasing?

+2

Bazza 9.9/10

I noticed my wallet went down a couple days ago, the pound happened to drop at the same time, is this just purely coincidental?

+1.2

ChronusBuds 9.8/10

You also have the halving coming up, which will further reduce supply, unlike quantative easing from fiat currency.

2 posts

+3 votes

by 24601

Revealed: How North Korea Laundered $100 Million of Stolen Crypto

2 posts

+7 votes

by theStrokes

Electric Crypto Balkan Acid Test

4 posts

+14 votes

by wells

The Most Important Aspect of Bitcoin Is the Separation of Money and State

+10

by wells

The Most Important Aspect of Bitcoin Is the Separation of Money and State

https://news.bitcoin.com/the-most-important-aspect-of-bitcoin-is-the-separation-of-money-and-state/

"Governments inflict two forms of robbery against nonviolent citizens by forcing them to pay taxes while also stealing from them silently through inflation. "

+2

swiller

Ethereum will win the crypto race. It has already really, just people dont quite get that yet.
And yes the seperation is important.

+1

coldspurs

https://littlebiggy.org/link/a7G1G9

Great video on this topic posted below

4 posts

+15 votes

by bojack

Pentagon Documents Reveal The U.S. Has Planned For A Bitcoin Rebellion (Forbes)

4 posts

+16 votes

by Sean Pencil

Anyone Try Paybis?

4 posts

+4 votes

by Awohwoh

why is everything in $ ?? It may be obvious but im confused !!

1 post

+2 votes

by coldspurs

agoradesk?

1 post

+1 votes

by Hootie and the Blow Job

anyone try mode wallet/exchange?

2 posts

+3 votes

by doc holiday

is localcryptos a legit exchange?

1 post

+4 votes

by Hootie and the Blow Job

technology or privacy - which made btc so valuable?

3 posts

+7 votes

by Blunt man

Hi everyone

2 posts

+3 votes

by Shaggy23

Blockchain

1 post

+2 votes

by dan777

Buying Bitcoin without verification

4 posts

+19 votes

by sam love

Cryptoradar finds the best deals for bitcoin

1 post

-3 votes

by alfredjlas

…

ProperSix Bounty

1 post

+3 votes

by ficek100

Coinbase deposit

1 post

+2 votes

by morphx

Are crypto bail bonds a thing?

1 post

+2 votes

by djschuby

US arrests cryptocurrency exec over 'multibillion-dollar' fraud

1 post

+2 votes

by Bugeyes

If you had to invest in an ICO which coin would you choose?

4 posts

+12 votes

by UK 420 9.7/10

Crypto currency trading

+3

by UK 420 9.7/10

Crypto currency trading

Hi guys, just interested if anyone here trades any crypto currency / altcoins on binance or coinbase ect..
Be interested to see people views on some coins..
Currently HODL some IOSToken, Eos and ethos. I can see big things in the future with these altcoins.

+5

guruofinfo

I do a little alt coin trading on Binance but more so short holds for some small but quick proffits then put it back into BTC or ETH depending which is on the rise. Just play around with trading when my stock friends give me a heads up that something is going to break out into a bull run or if I am checking out the market and see one that looks promissing and on the rise.

+3

Franklins 9.6/10

I need a really really good reason for an alt coins existence otherwise its btc or eth. There are enough forks and scams and me toos. I like filecoin because it solves a real problem, distributed storage.

+1

guruofinfo

There are a few good altcoins that I can get behind. They have a good purpose or at least intend to when they catch on or when the time comes. However the volatility is horrible. They are good for doing some swing trading when you can spot one that is going to take off but lack stability. But then at the time of this post so do BTC and the other big coins.

1 post

+2 votes

by UK 420 9.7/10

Bitcoin below £3600, serious losses

6 posts

+14 votes

by senorbean

My fellow Americans: How the Fuck Are You Buying BTC?

+4

by senorbean

My fellow Americans: How the Fuck Are You Buying BTC?

Coinbase no longer takes cards. I can't say I'm going to miss them except I'm not sure where to go?

+4

silk worm

Cex.io takes cards. They are a very legit exchange.

+3

bit poppa

Use a bank account instead of a card, your options go from shit to shinola. You can even use your coinbase account, basically every exchange loves it.

+1

deepweed

https://spectrocoin.com/ using this all the time from 2015

+1

justSEZ

Zell transfer using localbitcons.com. Super fast, like minutes.

2 posts

+5 votes

by Emeralds 6.4/10

How to Buy Bitcoin without ID

5 posts

+9 votes

by m0l0ve

Buy Bitcoins Privately in Less Than an Hour

+3

by m0l0ve

Buy Bitcoins Privately in Less Than an Hour

https://paxful.com/

Paxful worked for me, what do you guys think?

+3

dark_wanderer

LocalBitcoins.com gives you a ton of payment choices for making purchases.

+1

Lankybastard

I just checked... it sucks. If l paid $195 l would get $47 worth of Bitcoin. That's bullshit. I think you should try to find someone else to buy from. As much as l hate coinbase, they still have one of the lowest rates, 3.99%. It's a pain in the ass to sign up with them, but it still beats the crap out of Paxful. Happy hunting my friend.

+1

Paine's Pamphlets 1/10

Excellent selection of ways to pay here.

1 post

+1 votes

by peck

Anyone use instantbit? They accept cards.

4 posts

+5 votes

by Shakyjke88

Coinbase ? Is there any other way to buy bitcoins ,not used my account for a few days went to buy bitcoins and my accoun…

5 posts

+9 votes

by Han duo

What's the best way to lose bitcoins?

+1

by Han duo

What's the best way to lose bitcoins?

+4

phentermine jean

Ha this is actually a real good question I lost 500 bucks worth when I lost my password!

0

borope

Isn't there a way to recover your password at most exchanges?

+2

dark_wanderer

The "best" way (from my POV) for you to "lose" btc is for you to send them to me here --- 1EVpX3nEJ83q7LkaGaYffECrBrTjVXFwkt

The "worst" way to "lose" your btc is for you to either forget your priv key/password and/or for you to publish your wallet info online.

Either scenario is the same; you don't have those btc anymore. But, tbh; I prefer choice 1...

1 post

+2 votes

by fan4

What happens when bitcoin miners take over your town

8 posts

+20 votes

by kincaid

Anyone interested in using btc cash or ether here?

+6

by kincaid

Anyone interested in using btc cash or ether here?

I am thinking about writing a payment processor that uses one or both of these...

+3

BobBawBag

Oh yeah, anything with cheaper tx fees would be great!

+2

dark_wanderer

Always interested in using bch and eth; in fact, I get paid in eth; so, I'm VERY interested.

+1

sf fan

That's awesome, may I ask how someone gets paid in eth?

+2

rudy

Yes please! Would speed things up around here for everyone.

+2

chimp

Definitely interested,as bitcoin transaction fees are through the roof right now,I've paid as much as €20 to miners to confirm transactions recently,maybe Litecoin would be another option to consider too,virtually zero transaction fees and extremely fast turnaround times.

+3

Lankybastard

Coinbase charged me $31 to send $7. Of course l didn't find that out until after l had tried to send $38, expecting to charged 3.5%. I tried to get a response from them but to no one's surprise, they ignored me. They should be grateful they're located on the left coast and I'm on the east coast. This definitely qualifies as reason to make a personal appearance. Fucking leeches! Before anyone makes a suggestion about trying someone else out, there is no one else that does business in Georgia, at least no one who charges less than 50%. ATMs are also out of the question. The closest one is 150 miles away in Florida.

4 posts

+7 votes

by hartz

What if governments require registration of cryptocurrencies?

5 posts

+10 votes

by puffy

What is bitcoin cash?

0

by puffy

What is bitcoin cash?

+3

howD

On 1 August 2017 a parallel universe was born out of a singularity. We call this a fork. Everything was identical for 1 moment but then the 2 branches: bitcoin (btc) and the new bitcoin cash (bcc) became different currencies with different futures.

+5

Rob frost

Another analogy is its a clone of bitcoin, and everyone with a wallet on Aug 1 gets a free clone. After that new coins are mined separately on bitcoin and bitcoin cash, it's former clone.

+1

drake

It's noteworthy that it had a market cap in the billions from launch. You could call it hype cycling but when you realize what it is: a clone of a proven currency with an agenda to lower fees and serve everyday users then it's not so hard to understand.