Crypto Currency Thread

[Henrico]

Maybe so, but I still don't get the need for XRP. The inter-bank technology doesn't actually have any need for a token traded by bozo's on the Interweb.

[anonymous-user]

Henrico said:

Joey Deacon said:

Next you will be telling me Bitconnect was a scam too.

Out of interest, why is Bitconnect even still listed as a coin? If people are still buying BCC it just shows you how nuts the market is.

Are you trying to tell me that Craig Grant has been lying to me all this time?!?!

I don't know, but I get all my investment advice from Carlos Matos.

https://www.youtube.com/watch?v=vabXXkZjKiw

[HannsG]

Efbe said:

fake or not, cardano is doing well today +17%!

Yup, I'm still HODL. Got into it on Monday, up around £3k on investment!

[trowelhead]

peterh2 said:

From the professional advice I’ve had I’m 99.99% sure I’ll need to pay 20%CGT on everything over £11,300 once I’ve got in converted to GBP and into my bank account.

It’s how I convert to GBP and get into my bank account ASAP I need some help with please.

I've used Kraken (verified account) to take about £50k back into my account, without issue

(however, they went down a few days ago so be cautious)

[anonymous-user]

trowelhead said:

I've used Kraken (verified account) to take about £50k back into my account, without issue

(however, they went down a few days ago so be cautious)

Wow, not sure if I could sleep at night if I had £50k in a completely unregulated website that could go down with no chance of me getting my money back. Some of you guys have massive balls I will give you that.

[trowelhead]

Joey Deacon said:

Wow, not sure if I could sleep at night if I had £50k in a completely unregulated website that could go down with no chance of me getting my money back. Some of you guys have massive balls I will give you that.

I pulled £25k at a time, but yeah, not enjoyable.

The exchanges are certainly the worst side of crypto, all gains are paper until you can get back to GBP

[stongle]

The Spruce goose said:

buy on rumour, sell on news, time and immemorial.

Seems so. Markets off $25bn and NEO, ADA gains all lower.

Twitter going nuts calling the report a fix and a conspiracy. A lot of false lists were circulated, Wild Wild West yo.

[NRS]

Henrico said:

Yeah shame it's not rated on things relevant to Crypto

That's the point though - Crypto is not one just one thing. To some people effectively hiding their transactions is one thing. Some people say that's not great long term as the governments will target those in particular for obvious reasons. Others say the transaction time/fees are important (hence XRP) - but that has the question on if the coin is actually worth anything itself. Some people believe BTC is the one, yet currently it has high fees and times. Lightning may fix this, but it's also limited, and so may have an issue with a deflationary spiral.

So depending on which people view as most important will result in a massively different ranking. Apart from the obvious scams you'd hope.

[anonymous-user]

Next week Weiss rating are doing an ico.

[hallion]

Arsenal have signed a deal to promote an ICO:

http://www.bbc.co.uk/news/technology-42809676

[g4ry13]

Tron is an A++ coin. Who exactly is funding this ratings system?!

[ADEuk]

Don't know if it's legit, but looks like it is...

[g4ry13]

Dogecoin is C?

Did people seriously get paid to 'analyse' the coins and assign a rating to them?

[Behemoth]

An exposé of pump n dump groups: https://theoutline.com/post/3074/inside-the-group-...

[moonigan]

Behemoth said:

An exposé of pump n dump groups: https://theoutline.com/post/3074/inside-the-group-...

More pyramids than Egypt.

[HannsG]

Can anyone please advise on my trading and withdrawal methods in terms of saving fees?

Trading:
Revolut convert GBP to EUR
Transfer from Revolut to Coinbase
Coinbase to GDAX
Buy BTC in GDAX
Then Deposit into Binance and trade

Withdraw (I have yet to withdraw):
I assume the following ...

Exchange Alts to BTC in Binance
Transfer BTC to GDAX
Change BTC to EUR in GDAX
Transfer to Coinbase
SEPA to my bank account?

Can I transfer to Revolut or something to save on fees if I want to withdraw...?

Thanks

g4ry13 said:

Tron is an A++ coin. Who exactly is funding this ratings system?!

Tron is a solid coin and project.

The FUD is ridiculous regarding TRX.

Edited by HannsG on Wednesday 24th January 22:57

[g4ry13]

Transfer back to Revolut using SEPA. Convert to £ at spot rate and then wire to your bank account.

[HannsG]

g4ry13 said:

Transfer back to Revolut using SEPA. Convert to £ at spot rate and then wire to your bank account.

Thanks,

So once in coinbase SEPA the Euros into Revolut to get the best GBP rate. Thanks....

It really is long winded if you are UK based..

Edited by HannsG on Wednesday 24th January 23:49

[budgie smuggler]

HannsG said:

Thanks,

So once in coinbase SEPA the Euros into Revolut to get the best GBP rate. Thanks....

It really is long winded if you are UK based..

Edited by HannsG on Wednesday 24th January 23:49

Why back to coinbase from GDAX? You can make SEPA withdrawals of EUR directly from GDAX. It picks up the SEPA details from your Coinbase acct.

[HannsG]

budgie smuggler said:

Why back to coinbase from GDAX? You can make SEPA withdrawals of EUR directly from GDAX. It picks up the SEPA details from your Coinbase acct.

Thank you for the clarification.