Crypto Currency Thread

[Greshamst]

loskie said:

https://www.wilsonsauctions.com/timed-auction/list...


Wilsons Auctions selling cryptocurrency. Presumably seized under the proceeds of crime act.


Bitcoin etc I cannot get my head round and be confident in but may be of interest to some of you.

I don’t get it... why do they not just sell it for market value?

[loskie]

Because the contract with HM Gov is to realise the best market value. Auctions meet that need. Whether it's shoes or farms all seized property us disposed of in this way.

[dimots]

Looks like they may have picked a bad time to sell

[Greshamst]

loskie said:

Because the contract with HM Gov is to realise the best market value. Auctions meet that need. Whether it's shoes or farms all seized property us disposed of in this way.

But the best market value will be literally selling it at market value, not at auction?

No-one would buy bitcoin for more than market value?

It’s like auctioning off cash... no-one is going to pay £150 for £100 of cash, and if you auction it for £80, you’re getting below market value?!

[dimots]

Maybe if there was a licensed bitcoin exchange that was paying UK taxes they would sell through that...but otherwise with the tax due and a near to market value price the Government is quids in this way.

[CzechItOut]

WTF is going on with the crypto prices? Bitcoin down 11%, Ethereum down 20% today.

[anonymous-user]

Normal Behaviour really.

[anonymous-user]

Volatility

It happens

[x5x3]

640 Crypto Projects Have Failed to Publish a Single Line of Code This Year

[Greshamst]

BTC still dropping... im tempted to buy in a bit more

[Lemming Train]

Greshamst said:

BTC still dropping... im tempted to buy in a bit more

Dr. Crème brûlée has gone suspiciously quiet recently.

[Greshamst]

Lemming Train said:

Dr. Crème brûlée has gone suspiciously quiet recently.

I’m sure I’ll get it after, but I don’t get the reference!

[anonymous-user]

Greshamst said:

I’m sure I’ll get it after, but I don’t get the reference!

Mr Chainlink to the moon ambassador.

[Lemming Train]

Greshamst said:

Lemming Train said:

Dr. Crème brûlée has gone suspiciously quiet recently.

I’m sure I’ll get it after, but I don’t get the reference!

Steve, up thread, shilling his coins whenever their was an uptick in the general coin values. "This time next year, Rodders!". Oh wait.

[anonymous-user]

Still here, watching & waiting and still in profit.

There's nothing more I can say. I posted a heads-up on one crypto I knew bit about based on the what I believe are promising credentials.

I don't mind whether you bought some or not. If you did buy when I first mentioned it, you'd be in the green.

All I know is I'm doing okay. Let's see where this ride ends up. I've got my initial out so from here on it's free money.

[anonymous-user]

Lemming Train said:

Steve, up thread, shilling his coins whenever their was an uptick in the general coin values.

I was on here 'shilling' Link when it was circa 30-40p. It's now £1.60.

Edited by DrSteveBrule on Saturday 5th October 12:42

[Condi]

Be careful, might turn you gay!

https://www.bbc.co.uk/news/newsbeat-49933003

[DonkeyApple]

Condi said:

Be careful, might turn you gay!

https://www.bbc.co.uk/news/newsbeat-49933003

He should be grateful as gay men typically are wealthier, in disposable income terms, than straight men and crypto’s tend to reduce most men’s disposable income levels.

[anonymous-user]

DrSteveBrule said:

Lemming Train said:

Steve, up thread, shilling his coins whenever their was an uptick in the general coin values.

I was on here 'shilling' Link when it was circa 30-40p. It's now £1.60.

Couple of days later and it's now £2.07.

It's been a bear market for over a year; Link has outperformed pretty much every other token by a mile so I wasn't shilling it solely when the general coin values went up.

[anonymous-user]

Last post: it's £2.40.

Don't say I didn't tell you.