Bitcoin update.

[stan butler]

Re: Bitcoin update.

Is it worth buying just a few hundred quids worth?

[OurManFlint II]

Re: Bitcoin update.

What coins function better than bitcoin?

None

[OurManFlint II]

Re: Bitcoin update.

Is it worth buying just a few hundred quids worth?

If you can afford to lose it go for it.

[lardy]

Re: Bitcoin update.

Musk says that Tesla might accept bitcoin again soon, so no doubt it will rise in price accordingly. He's been using it as a pump and dump for a while now.

[stan butler]

Re: Bitcoin update.

If you can afford to lose it go for it.

Is a few hundred worth it though? I know i could lose out with them but whats the best profit i could hope for on say £400 worth?

[OurManFlint II]

Re: Bitcoin update.

Is a few hundred worth it though? I know i could lose out with them but whats the best profit i could hope for on say £400 worth?

Oh defiantly, i mean you won't be buying a super yacht but it really is worth understand a bit more about what it actually is, why its better than all the other coins, and what potential it can have as a decentralised "currency" rather than just looking to make some money.

[Optimistic Nick]

Re: Bitcoin update.

None

I've yet to be involved in an NFT that is part of a Bitcoin blockchain. All of the auctions I've been involved with have been in ethereum. I'm no expert but I do work alongside experts, and when I ask why we always seem to base everything off etherium I'm told that it is much more versatile than Bitcoin which can only really be used as a secure method for transfering value. Other blockchains are, I am told, capable of doing/transferring a lot more than Bitcoin can. And the things that I am involved with (to a limited extent) in ethereum have very real utility which is why I can understand where its value comes from.

[lardy]

Re: Bitcoin update.

Is a few hundred worth it though? I know i could lose out with them but whats the best profit i could hope for on say £400 worth?

You should be very happy if you've doubled your money in a year's time.

[Rock_Flock_of_Five]

Re: Bitcoin update.

No equipment required. You can usually commit your stake to the liquidity pool directly from your wallet. In the case of zilliqa, you can use zillet or moonlet.

I've yet to be involved in an NFT that is part of a Bitcoin blockchain. All of the auctions I've been involved with have been in ethereum. I'm no expert but I do work alongside experts, and when I ask why we always seem to base everything off etherium I'm told that it is much more versatile than Bitcoin which can only really be used as a secure method for transfering value. Other blockchains are, I am told, capable of doing/transferring a lot more than Bitcoin can. And the things that I am involved with (to a limited extent) in ethereum have very real utility which is why I can understand where its value comes from.

True. Bitcoin is a store of value only.

(not quite sure why it quoted stevebrickman too)

[OurManFlint II]

Re: Bitcoin update.

I've yet to be involved in an NFT that is part of a Bitcoin blockchain. All of the auctions I've been involved with have been in ethereum. I'm no expert but I do work alongside experts, and when I ask why we always seem to base everything off etherium I'm told that it is much more versatile than Bitcoin which can only really be used as a secure method for transfering value. Other blockchains are, I am told, capable of doing/transferring a lot more than Bitcoin can. And the things that I am involved with (to a limited extent) in ethereum have very real utility which is why I can understand where its value comes from.

No doubt, but is Ethereum even a coin, isn't it a supercomputer to run dApps? So the above makes sense, however which coin functions better than Bitcoin, i still say none.

In the space of the masses of cyrpto shit out there ETH and BTC will be around forever, the rest i very much doubt it.

[Its been emotional]

Re: Bitcoin update.

Cardano - ada
Ripple - xrp

Two coins that should yield big profits over the next 5 to 10 years

[Wash DC Blue]

Re: Bitcoin update.

I would say, buy what you can afford to lose and treat it as a long term gamble.
Hold onto it and see what happens.

I’ve got bitcoin, etherium, chain link and xrp

[jimmyscoular]

Re: Bitcoin update.

Today is the day that Coinbase gets listed on the NYSE. They are being listed for $100 billion.
Hats of to Coinbase for achieving that. Taking into consideration their Customer Service is non-existent, their platform is always going down when Bitcoin has major price action, it is full of glitches, they have the most limited amount of coins to choose from, they give poor rates and their fees are the highest there are. I avoid them at all costs these days.

At least I can cash out into my bank account, unlike that awful Uphold.

[Mr Shhh]

Re: Bitcoin update.

At least I can cash out into my bank account, unlike that awful Uphold.

Why aren't you able to cash out into bank account with Uphold? Not that I've tried it but it states on their site that they do transfer cash to bank account. And it seems they wouldn't have trouble with banks not accepting transfers as Uphold covert to GBP first.