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doahh

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About doahh

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  1. Yep, I'm wondering if they are moving towards getting onto exchanges and now need the KYC stuff in place. I don't see giving them a photo is a problem, most peoples photos are all over the internet. Swifts may end up as worthless crap but for the sake of pressing a button once a week it's not a lot of effort.
  2. I've found Bittylicious to be OK. They give a UK bank account to transfer funds to. I've used them a few times and transactions have always gone through quickly and without problems. The minimum limit is (0.00010006 BTC). I'm not sure how their fees compare to other companies though.
  3. doahh

    Help to Buy

    I know the house builders bonuses attributed to HTB have been discussed before but I hadn't seen the figures so courtesy of CommonSpace here are some interesting numbers for Scotland: Pretty grim reading unless your the CEO.
  4. I received a marketing email for new distrubted exchange called Oxygen that seems to be about to do an ICO of some sort. The platform also plans to allow people to lend crypto for a fee to those that want to borrow it, so that they can go short. Interestingly the CEO has the following bio: As far as I know it hasn't been possible to short this market so far, unless by shady deals with the exchanges behind the scenes who have lots of crypto sitting in their wallets doing not-very-much. Could affect the price going forwards, maybe this will become a feature of many exchanges. From Business Insider:
  5. You may like Manna as well. It's another basic income coin that is already trading on one exchange. Current value is ~$0.0174 with a distribution of 15 this week and 30 the week before.
  6. Last time I checked the price on EBay was quite a bit above spot, I assumed that this was to cover that risk. Not much use if your selling low volume of course.
  7. I tried mining off the machine I sit at but found that the mining programs would always grab 100% of the CPU as well as the GPU making the machine unusable. Is there a way to prevent mining programs grabbing all of the CPU? I tried a few miners including Clayton's and some software provided by the pools but my machine had the same problem on all of them. The config files didn't hint at any limiters, maybe I missed something.
  8. That's an interesting chart evetsm. However, isn't the picture further complicated by the changing fiat price of BTC? At the December peak with an average transaction size of $140k that would be 7 BTC at $20K each. Today at a transaction size of $77K that is still 7 BTC at $11K each. The November price peak is about $200K and the fiat value of BTC was ~$8K so that is about 25 BTC being sold per transaction. This would seem to confuse the picture a bit but I don't have a better chart so ... maybe a chart of BTC per transaction over time would give a better picture as to whether institutional money was entering the scene?
  9. No, just a few fractions of a cent. Bitcoin Diamond is at $33, it is also listed as futures - I'm not sure what that implies.
  10. An article on DowBit got me thinking about how people track the BitCoin hard forks. I assume that an exchange that support the fork will automatically show the balance, but what about people who have off-exchange wallets? Do you, and if so, how do you keep track of all of the forks?
  11. Universal credit in new crisis as some claimants are denied mortgages: I expect that this will be sorted out at some point but it is an interesting unintended consequence.
  12. An interesting technical analysis on the USDX which is very much inline with DB's thoughts: The dollar beginning a multi-year collapse within 12 months with a mirroring of the pm action that was seen in 2008 when there were 20-30% year-on-year gains for several consecutive years.
  13. Even at the reduced price with the listed rental incomes that is only a 4% yield on £2.5 million investment. Sign me up!
  14. The transaction is stored in a multi-signature wallet signed by you and the retailer. I therefore assume that you can't cancel the agreement unilaterally.
  15. My understanding from reading the article that Eddie gave is that there is no need to close the channel, in fact it looks like keeping it open is encouraged. I see it this way: I make a transaction a day with a retailer and so I set up a channel. I pay the bitcoin transaction fee to create the channel. This is worth it for me because I make so many transactions; Each day the transactions build up in the channel; For each transaction a smart contract is created; Full nodes can read into the smart contracts and therefore verify that a payment has been made, the channel does not need to be closed. For other people who also transact with the retailer but maybe only once per year, it is not worth setting up their own channel as they need to pay a blockchain Tx fee so: They join my channel and create their own smart contracts with the retailer; I charge them a small fee for the use of my channel. Closing the channel will sum the transaction and write back to the blockchain.
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