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Bitcoin

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One thing that I can't help to observe is the fact that the crypto currency valuations are all done against the fiat currencies (USD etc.) they are supposed to be actually replacing in the long term. It reminds me of the old gold bug question :

'If I bought a 1oz Gold Sovereign coin in 1981 ... how much would it be worth now?'

Answer

'It would be worth a 1oz Gold Sovereign'
 
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What's the best/cheapest way to cash ETH out to a UK bank account these days? I've got a Coinbase account but I'm getting fed up with waiting for them to verify my UK bank account.

Wirex works for small (5 figures). Quicker to go to USD though as activating a GBP account takes a while.
 
One thing that I can't help to observe is the fact that the crypto currency valuations are all done against the fiat currencies (USD etc.) they are supposed to be actually replacing in the long term. It reminds me of the old gold bug question :

'If I bought a 1oz Gold Sovereign coin in 1981 ... how much would it be worth now?'

Answer

'It would be worth a 1oz Gold Sovereign'


Instead of saying, Bitcoin has risen sharply, it is better now to think, the US dollar is falling sharply.

Bitcoin is the true currency, everything else is a sham and a fake :grin
 
I bought it $0.000000000000000000000000000000000000000000000000000000000001 per coin though. :wink

Yeah, but it's not about the near zero price you bought, it's about near zero price you sold :rollin:
 

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