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Is anyone into Bit coins was talking about them at work is it too late to buy them now has the boat been missed, where is the best site to buy them from and sell them.

I picked up two back in 2013 for £10 each that I'd totally forgotten about till a couple of months ago. Price has gone crazy the last few weeks.

I've used this place without any issues:

https://www.coinfloor.co.uk/

If you want an app to buy and sell then Coin Base is very easy to use.


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The_Coat wrote: ↑

Sat Dec 02, 2017 10:28 am

I picked up two back in 2013 for £10 each that I'd totally forgotten about till a couple of months ago. Price has gone crazy the last few weeks.

I've used this place without any issues:

https://www.coinfloor.co.uk/

If you want an app to buy and sell then Coin Base is very easy to use.


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Was that 2 whole coins back then, at work people have .02 of a coin

I believe you can buy an ETF (exchange traded fund) that tracks the price of bitcoins.

I’m waiting for a short/inverse ETF to start trading, and will probably be putting a small position in that.



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Some fellow RS6 owners were talking about them ages ago and I thought there is no way it was still gonna rise. Wrong! But now I'm the same, how much more can it keep rising! I should have invested when they told me to.

MikeFish wrote: ↑

Sat Dec 02, 2017 10:57 am

Some fellow RS6 owners were talking about them ages ago and I thought there is no way the problem is certainly was still gonna rise. Wrong! But now I'm the same, how much more can it keep rising! I should have invested when they told me to.

Is it too late now to buy them do you think?

RS04YOB wrote:

The_Coat wrote: ↑

Sat Dec 02, 2017 10:28 am

I picked up two back in 2013 for £10 each that I'd totally forgotten about till a couple of months ago. Price has gone crazy the last few weeks.

I've used this place without any issues:

https://www.coinfloor.co.uk/

If you want an app to buy and sell then Coin Base is very easy to use.


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Was that 2 whole coins back then, at work people have .02 of a coin

Yes two whole coins back in 2013


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The_Coat wrote: ↑

Sat Dec 02, 2017 11:01 am

RS04YOB wrote:

The_Coat wrote: ↑

Sat Dec 02, 2017 10:28 am

I picked up two back in 2013 for £10 each that I'd totally forgotten about till a couple of months ago. Price has gone crazy the last few weeks.

I've used this place without any issues:

https://www.coinfloor.co.uk/

If you want an app to buy and sell then Coin Base is very easy to use.


Sent from my iPhone using Tapatalk Pro

Was that 2 whole coins back then, at work people have .02 of a coin

Yes two whole coins back in 2013


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Bloody hell how much they pay for them then one coin now is worth 8k

RS04YOB wrote:

The_Coat wrote: ↑

Sat Dec 02, 2017 11:01 am

RS04YOB wrote: Was that 2 whole coins back then, at work people have .02 of a coin

Yes two whole coins back in 2013


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Bloody hell how much they pay for them then one coin now is worth 8k

Yes about 8k a coin now.

A guy I work with picked up 1k's worth back in 2013 for £10 a coin!!


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In my opinion, not too late. But a lot more risky and a lot less profitable. I don’t expect the price to grow indefinitely.


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With a limited supply of BTC at 22 million the price will continue to rise. We expected the $10k barrier to be hit by March so has superseded our expectations.

I disagree with pule on the point of risk; it’s all depends on what sort of position your taking.

Never take more than 10% of of your overall net cash as a position. Also you don’t have to buy a whole coin, you can buy in satoshi’s.

Look at BCH or ETH as well.

My family uses crypto currency regularly.

Another point is that you can buy and sell through ATMs. Very easy to use.


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Happy to help anyone on this subject and blockchain.


A more affordable crypto that you could buy into is litecoin LTC and has a good team behind it.

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The_Coat wrote:

RS04YOB wrote:

The_Coat wrote: ↑

Sat Dec 02, 2017 11:01 am

Yes two whole coins back in 2013


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Bloody hell how much they pay for them then one coin now is worth 8k

Yes about 8k a coin now.

A guy I work with picked up 1k's worth back in 2013 for £10 a coin!!


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There’s a well documented example from back in the day where someone used 2000 btc to buy some pizzas!!


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So when you want to cash them in do you just the money paid into a bank account. Is there away to avoid Capital Gains Tax on them.

Yes you can withdraw them to your bank or via a Crypto atm. I think there’s about 8 or so in London.

This is just the same as the cash you used hold in your wallet except now it’s digital.

Why would you pay capital gains?

If you had to then yes of course there are ways to avoid it.

The idea behind Crypto currency’s is to move away from centralised banks where they pay you nothing whilst using your money to make more money for themselves!

If you looking around, a lot of the large retailers are now accepting bitcoin. Expedia, Amazon, Walmart etc etc

If I was selling my car I’d take bitcoin rather than cash as there’s no reporting.

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