Bitcoins

@Peej as far as I can tell this Trust Wallet app just allows me to transfer BTC to it, my issue is I can't get GBP out of Binance just now.

 

Yeah as far as I'm aware it would be a safe place to gold your btc for now.

Not sure how easy/simply/quick it would be to transfer it from binance to trust wallet, then trust wallet to (for example) coinbase.

I've honestly no clue of that's what it would allow. But considering I'm being told by others (irl) to use it incase binance goes to *, then I can only assume there is a mechanism to be able to then send it from trustwallet to somewhere else.

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I'm not at the point of taking anything out at the moment so I'm not sure, but couldn't you withdraw in Euros to a travel card like Monzo, then transfer it to you bank account in GBP?

 

Possibly mate, might just hold fire for now anyway and worry about it when the value is (hopefully) higher further down the line.

 

FCA: We are not capable of supervising crypto exchange Binance
The world's largest cryptoassets exchange failed to provide vital information about its operations and plans.

The City watchdog said it is ‘not capable’ of effectively supervising Binance, the world’s largest crypto exchange, after the platform ‘refused’ to provide basic details about its operations.


Binance said: ‘As the cryptocurrency ecosystem industry continues to grow and evolve we are committed to working with regulators and policymakers to develop policies that protect consumers, encourage innovation, and move our industry forward.’


biance really are taking the *. Hopefully the response will be to make the banks/clearing houses refuse to deal with them, especially as there are concern about money laundering.

https://citywire.co.uk/new-model-ad...aily_EAM&utm_campaign=BulkEmail_NMA_Daily_EAM

 

Binance is now allowing deposits and withdrawals again UK. The most stream line exchange I think. Glad it’s back

 

It's coming thankfully.

UK regulator calls for greater powers against risky crypto ventures

https://www.ft.com/content/16247284-e1a7-40d9-a3b8-4200f4762d19


"About 2.3m people in the UK own digital assets, according to the FCA’s research. Although the regulator has repeatedly warned that investors in cryptocurrencies should be “prepared to lose all their money”, fewer than one in 10 potential crypto buyers are aware of those warnings. About 12 per cent of crypto owners wrongly believe that they enjoy regulatory protection and potential compensation for losses."

I'd disagree with the above tbh, based on those I've spoke with, the percentage thinking they are offered protection is far higher.

Oh and binance are still banned. Strange why a provider would refuse to provide information, some of it very basic, to the regulator.

 

Tim can you tell me what is banned on Binance as I’m using it without any hassle.

see a screen shot showing my latest withdrawal a few days ago

 

I’ve been able to trade freely on it ever since the so called ban? I believe they stopped deposits for about a week but haven’t seen anything else ?

 

They're outwith the FCA's jurisdiction so presumably they're thinking we're not obliged to.

A lot of people got involved with crypto for the bubble when it was going made but the idea at conception had decentralisation and privacy at the heart of it.

Of course that can lead to unscrupulous individuals using the almost anonymity for all sorts of nefarious activities but the question Binance will be asking themselves is does it make sense for them to compromise on the reasons customers may have taken out crypto and opened a Binance, simply to aid Governmental bodies.

In the same way that a VPN provider might be asked to give up customer information so that a state could prosecute individuals on Media Piracy, Drug sales, illegal content etc. it would be business suicide for them to actually meet that request.

 

Cryptos are absolutely gearing up for a massive move folks in my opinion. XRP VET BTC are where my funds are positioned heavily. Not financial advice, do your own research. VET is $0.11 today, potentially $1.50 by new year. Other coins will have similar gains.

 

What makes you think VET will possibly rise to $1.50?

Edit: Is it based on the one video you shared?

 

I've been taking advantage of NFT mania while it lasts.

Sold most of my TopShot collection for a healthy profit. Got into Veve early and turned 7 dollars into 3000 through sheer luck and the mental prices people are willing to pay for digital comics (can't cash out of that yet which is a farce, but supposed to be imminent). Got in early into another 2 projects on FLOW within which I'm sitting very comfortably up.

I'm in no way suggesting that people invest in these by the way. It's a bubble and there's so many trashy copycat projects popping up that it's difficult to see how it won't burst soon. It's similar to crypto in a sense that people throw their money at anything in the hope that it will stick. All about taking profit when it's available.

I do see long term value in digital sports cards and collectibles. I really love the NBA TopShot model and can't wait for the NFL version to start up.

 

I follow crypto daily. Trading is basically my job mate. It’s not “just that video” but Coinskid, the creator, is excellent. His content should cost serious money but he dishes it out for free.

 

Aye hes brilliant, ive stacked up £2000 of VET over the last 6 months so if it hits the $1.50 mark by new year it will be a tidy wee earner.

 

Aye vet is one of the next one's I'll try invest a bit more in.
Still want to get s last few invested in to XRP though.


I've got some dream "goals" for a couple of these, but soon as I've invested enough to let that dream do it's thing, I want to try play more with other coins.

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I know the feeling mate. Dying to hold some LRC, 1INCH and Reef but I think VET XRP and BTC will go first so I’m heavy on those. ETH will explode too by itself so I need to try to get myself positioned well on that one. Fomo galore

 

Ben Cowen is the only Youtuber worth listening to IMO - no emotion, pure facts. The majority of the other 'Crypto Analysts' on there with a lot of subscribers are manipulating the market by buying low market cap project(s) in bulk, then posting their video on said project(s) and selling their bags in about 15/30 mins once the price has risen, leaving a lot of people burned.