Originally posted by DimPrawn
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Cryptocurrency
Collapse
X
Collapse
-
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain -
Originally posted by ChimpMaster View PostWhich means the value of each Lumen will be diluted....
which probably explains the rapid price decline these past couple of weeks....
I know nothing."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
Had fun reading al of that.
Doubt cyrpto will crash any time soon. The only way this happens is if the coins will actually be used. Too many people hoarding the coins hoping to become millionaires. If you got your coins at sub $10 you are pretty much laughing to the bank, if you managed to exchange and got the cash.
Any time you sell or buy you have no idea if you just paid for the next Manchester or London Bridge atrocity... I still don't see the benefits, if you use it you pay fees, easier to use FIAT even if you pay for an exchange rate (if you pay abroad).
As I said before and 10000000 times, NO ONE that is holding crypto is doing so because they intend to use it for the sole purpose it was created for. This is not the same as actually investing in a new technology, company or physical items (gold silver etc which is used to make stuff). It is great that Amazon and other companies accept cryptos but who the hell is buying anything with it? I would love to see a statistic that shows the cyrpto transactions on reputable sites and services. Would you take your salary in crypto?
Crypto currencies need to cater for most of the global population. Right now a few select people hold about %80 of all the world crypto.
Think about this, if there were only %1 of bullets in the world compared to guns, wouldn't that mean that shooting one would cost you £10000++?
We already went over a lot of these points. The people that would benefit from crypto can't even use it due to the overcomplicated process or won't be able to due to the volatility of it (farmers in Africa, Latin America, China etc)Comment
-
https://www.theguardian.com/technolo...es-a-hard-sell
Anything that is not easy to cash out will end in tears. It needs liquidity....Comment
-
Originally posted by Drei View PostHad fun reading al of that.
Doubt cyrpto will crash any time soon. The only way this happens is if the coins will actually be used. Too many people hoarding the coins hoping to become millionaires. If you got your coins at sub $10 you are pretty much laughing to the bank, if you managed to exchange and got the cash.
On the other side of the coin there's the unbanked people of the world. If cash is so great why are there so many people without access to basic banking facilities in 2017? It is shameful. The world cannot move forward until those left behind move too.
Been using litecoin to purchase stuff on Amazon at a 15% discount on average."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
Map of places in the UK that accept bitcoins
Map of places in the UK that accept bitcoins - Where To Spend Bitcoins UK
I especially like the Dublin places. A great part of the UK.Comment
-
Originally posted by BrilloPad View PostMap of places in the UK that accept bitcoins
Map of places in the UK that accept bitcoins - Where To Spend Bitcoins UK
I especially like the Dublin places. A great part of the UK.Comment
-
Originally posted by FrontEnder View PostThat's basically a map of CEX stores.
There seem to be a few pubs, food outlets there.
Though my main point was when did Dublin become part of the UK?Comment
-
Originally posted by BrilloPad View Post
There seem to be a few pubs, food outlets there.
Though my main point was when did Dublin become part of the UK?Comment
-
I have some magic beans that are all individual and priceless while there's no desire to plant them. When planted they make all sorts of pretty tulips. Buy them while they're still cheap.Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Labour’s plan to regulate umbrella companies: a closer look Nov 21 09:24
- When HMRC misses an FTT deadline but still wins another CJRS case Nov 20 09:20
- How 15% employer NICs will sting the umbrella company market Nov 19 09:16
- Contracting Awards 2024 hails 19 firms as best of the best Nov 18 09:13
- How to answer at interview, ‘What’s your greatest weakness?’ Nov 14 09:59
- Business Asset Disposal Relief changes in April 2025: Q&A Nov 13 09:37
- How debt transfer rules will hit umbrella companies in 2026 Nov 12 09:28
- IT contractor demand floundering despite Autumn Budget 2024 Nov 11 09:30
- An IR35 bill of £19m for National Resources Wales may be just the tip of its iceberg Nov 7 09:20
- Micro-entity accounts: Overview, and how to file with HMRC Nov 6 09:27
Comment