Originally posted by TheGreenBastard
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
-
-
Originally posted by Whorty View PostThey are not a currency since they are not issued by the Government....YET - 2021 and 2022 will be quite interesting in that regard
We're already 6 months through 2021 .... or are you edging your bets by calling such a wide period, hoping we'll forget in a few weeks what you said? Trust me fella, we're bored on here with not much else to do, we'll remember this next year and call you out on it
It's now official: https://www.bbc.com/news/world-latin-america-57398274
El Salvador has become the first country in the world to officially classify Bitcoin as legal currency.
Congress approved President Nayib Bukele's proposal to embrace the cryptocurrency, with 62 out of 84 possible votes on Tuesday night.
The president said the government had made history, and that the move would make it easier for Salvadoreans living abroad to send money home.
Bitcoin will become legal tender, alongside the US dollar, in 90 days.Comment
-
Comment
-
Originally posted by Jarman View Post
nope, I got in early and I am doing a mix of HODLing and margin trading. I don't know the story behind it, there's close to 900 pages here so it's a waste of time. What happened?Comment
-
Originally posted by TheGreenBastard View Post
You should try and give it a read on clients' time, it has everything, some interesting tech stuff, war of words from both sides and a charismatic protagonist who can guess price swings via tea leaves with 99% accuracy (but shorted ETH during its path to ATH).Comment
-
Originally posted by TheGreenBastard View Post
You should try and give it a read on clients' time, it has everything, some interesting tech stuff, war of words from both sides and a charismatic protagonist who can guess price swings via tea leaves with 99% accuracy (but shorted ETH during its path to ATH).
Now it's all about aping into degen farms without getting rugged. I believe the term for bag holding these days is having 'diamond hands' or being 'in it for the tech'.
But for us early adopters a bear market at these levels is still significant profit and if it goes sideways we can now stake for income while we wait for the next bull run."Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
-
Comment
-
Originally posted by Jog On View Post
Price charts and TA is so 2017-18..
Now it's all about aping into degen farms without getting rugged. I believe the term for bag holding these days is having 'diamond hands' or being 'in it for the tech'.
But for us early adopters a bear market at these levels is still significant profit and if it goes sideways we can now stake for income while we wait for the next bull run.Comment
-
“Banks face tough new Bitcoin rules in crypto crackdown
Global proposals forcing lenders to set aside enough funds to fully cover losses could stop widescale adoption of the biggest cryptocurrency
The Basel Committee on Banking Supervision, made up of regulators from the world's major financial centres, said the growth of cryptoassets "has the potential to raise financial stability concerns and increase risks faced by banks".
In a report published on Thursday, the Switzerland-based committee outlined potential risks for banks exposed to the industry including money laundering, terrorist financing, fraud and liquidity risk.
It suggested that the likes of Bitcoin be subject to the highest capital requirements as a result of the concerns. In practice it means that a $100 exposure to assets such as Bitcoin will come with a minimum capital requirement of $100. “
https://www.telegraph.co.uk/business...pto-crackdown/
An elegant way to say tulipvoins are worth exactly that - tulip, whether with smart contracts or not.Comment
-
Originally posted by AtW View Post“Banks face tough new Bitcoin rules in crypto crackdown
Global proposals forcing lenders to set aside enough funds to fully cover losses could stop widescale adoption of the biggest cryptocurrency
The Basel Committee on Banking Supervision, made up of regulators from the world's major financial centres, said the growth of cryptoassets "has the potential to raise financial stability concerns and increase risks faced by banks".
In a report published on Thursday, the Switzerland-based committee outlined potential risks for banks exposed to the industry including money laundering, terrorist financing, fraud and liquidity risk.
It suggested that the likes of Bitcoin be subject to the highest capital requirements as a result of the concerns. In practice it means that a $100 exposure to assets such as Bitcoin will come with a minimum capital requirement of $100. “
https://www.telegraph.co.uk/business...pto-crackdown/
An elegant way to say tulipvoins are worth exactly that - tulip, whether with smart contracts or not.
You could potentially love crypto in a few years but we all know that you'll stick to your inflationary fiat, so it will not matter.
In fact, I am quite happy that you (and your other flat-earther pal @whorty) didn't have anything to say about El Salvador adoption of BTC, because that just proves it - there is nothing to say, while a week ago you were all laughing that crypto will never be a currency, one week later, BOOM! Your face just melted!
Yes, ofc the IMF will have to spread some sh*t about El Salvador because how else will they be making any money? by lending fiat, it's their business model - duhhhhh.
Comment
Partners
- 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
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment