Bitcoin / Bitcoins / Crypto Currency

to me the SFB and co thing was like:

"oh, we're really clever, we found free money and do cool stuff"
then
"ah, the world made us wrong"

the idea that running a multi billion pound enterprise involves some serious governance and responsibilities seems to have passed them by.

Happy to talk about it in DMs or IRL.

Ouch

Hold tight.

Absolute arse fallen out of it

I hope it goes down more.

Well, it's up >10% since the low yesterday ...

The FBI created it's own cryptocurrency so it could identify potential fraudsters:

https://www.theregister.com/2024/10/11/fbi_nexfundai_crypto_fraud_sting/

(Not strictly crypto related, but crypto is the only way to participate)

Do polymarket’s US election bet buttons work for anyone? I want to put a tenner down, went thru the very confusing faff of sign up and getting the right currency, now it says the contract (bet) is unavailable.

Pump pump $80k, next stop 100k?

Bitcoin price this day $8.03
£10,000 in USD this day $16,252
$16,252 buys 20,294 BTC

20,294 BTC worth £1,378,228,171 today

$16,252 buys 20,294 BTC

Something slightly awry with the maths there if BTC was $8.

Only wrong by £1.8M

Rounding error

Either way, Hippy is rich as fuck.

Binance asked for my up to date id.

Gave them the selfie and the drivers license they wanted, now they are saying my accounts closed and I need to move my crypto over!

Anyone else had this?

I hope so, as I need to cash some of mine out soon for a buisness.

😬

Can’t talk to anyone either, so fuck know. This is a bit of a shit mare as I have tons of alt coins and stuff in the account and coinbase doesn’t take a lot of them!

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Ideal, don’t tell you why or what just you have to withdraw it

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Jeez that's a bit brutal.

Honestly had the account at least 10 years, just very bizarre and no shocking!

Binance in terms of places was where I’ve bought loads!

I moved a bunch of ETH and BTC off it last week and then this! Absolute pish

Binance don't allow GBP deposits or withdrawals anymore do they?

Since May 2023 it seems: https://www.investopedia.com/binance-uk-7255139

(Could be old news.)

question - why would anyone buy Microstrategy shares when they are trading at 2.8x the value of their Bitcoin holdings?

Why not just buy Bitcoin instead, and get 2.8x more for your money?

Because you can't put Bitcoin shares in a SIPP.