Very good idea. Its confusing for newbies! <3

Once I have my coins how do I send them?

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.

The motivation behind them is hugely different. bitcoins were created by libertarian types, looking to create a free world on the internet.

Ethereum was more about technical perfection for such an effort. It's not only a coin but a language for commerce between machines.

The ethernet blockchain is "Turing Complete" you can program anything on it. Get a metamask extension for your browser and you can cruise a "decentralized web" that runs on top of the ethernet blockchain. These sites are more resilient than the tor hidden service they really can't be taken down since there is no server.

Smart contracts and way cooler community and ideology. Everything starts with an eth. Google Defi, in case you hadnt heard about its recent explosion. The peoples financial system is emerging quickly. BTC looks old in comparison and should play a role as the vaults of crypto, but nothing at all exciting going on. Eth on the other hand...

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.

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 🙏🏻

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 !! 😍😍

In the meantime we have LB :)

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.

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.

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

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

Spot on

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.

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

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

sure, pre 2020 :)

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.

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 :(

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

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

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.

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.

except the ones in existence today

thats what Sie said

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?

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 🤣

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

Thanks man! I appreciate it!

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 🤞🏻

Revolut is your good friend, you can purchase on there

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

Your most welcome

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

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????

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

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

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.

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.

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.

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

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

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.

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?…

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!

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....

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

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

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

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

You sent with too low of fees by mistake, it will either eventually confirm or be forgotten by nodes after 2 weeks and return to your wallet.

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.

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.

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

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

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

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

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

That should drop right

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

20/04/24 19:10

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

20/04/24 01:42

P2P exchanges!
- Molly x

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

Cheers THC, will check that topic.

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.

Cheers Budzinho, much appreciated.

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.

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.

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.

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 🤦🏻‍♂️

check my post below :)

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?

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.

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.

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

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

What platform is charging a 15% swap fee lmao

Biggy vendor fee?

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.

Whats the cheapest way to swap?

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

Depends massively on what you are swapping from and to.

Whats the cheapest way to swap?

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

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

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.

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.

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

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.

Kraken needs ID bro

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

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.

ZenGo!! Very good

Coinbase is better though

paybis

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.

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

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.

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.

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

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