markyh

1m UK daily EV drivers say you are wrong. Batteries let us buy at night cheap when demand is low (and wind more plentiful), and use that stored energy during the day when demand and cost is high. I don't see any "on demand" ICE drivers filling up at night with fuel that is 75% cheaper than they have to pay during the day. As a Solar PV and home storage batteries customer over 90% of the 12000 kwh a year average annual electrical energy consumption is either Free, my self generated strike price is £0.00, or just 7.5p kWh buying at night for the home and personal transport.

You sound Angry about this?

Do you manage to survive day to day without income? You may have no debt but if 100% your income all stopped next week, government and employment, what assets do you own you could sell to survive?

CBDC can be inflated just like FIAT to worthless over time, you Can't inflate the supply of Bitcoin, it only deflates every 4 years (approx) CBDC can be confiscated from you anytime at the flick of a switch, laws or not, The littleman doesn't have the finances to chase the courts to get his money back from the government , Bitcoin cant be taken from you, unless you choose to give it up. CBDC can be blocked from you spending it or you sending it to whomever you wish without permission. Same with receiving it. Bitcoin is permissionless. You are in control.

Ooooo. Can we bring back the Empire?

That's not slavery. You cant legally own them as property, openly buy and sell them, and you cant legally kill them, beat them or rape them. If they dont like it all they need to do is run away, take a trip to the coast , destroy their documents and claim asylum coming out of the sea from swim.

I would guess like Binance, XRP and Eth and many others , they will settle with a $$$ fine and be allowed to carry on. SEC just leverages cases against Crypto to earn income from Settlements. I dont think Coinbase will ever settle, they want to force a ruling.

Agree. the job is likely to by £13.33 parts and 70.00 labour , 2 hrs minimum + VAT = £100. But anyone doing this work as sole trader, out of a VAN, no business premises rent and other costs with VAT etc is unlikely to volenteer for VAt unless forced due to raising turnover past £85k. Many i time i have heard people registering for VAT below the £85k limit, then unregistering 18 months later as it made their quotes "to expensive" with VAT and they lost trade. It's a balancing act and if the majority of a business "sales" is labour then best not to register for VAGT until forced. Either way, end customer pays any VAT ultimately, even if just on the materials.

You are looking at VAT wrong. VAT is ultimately paid by the end customer, all other VAT is passed along the line. When you talk business to business where 99% are VAT registered nobody discusses VAT in pricing as VAT on purchases is always offset vs VAT on sales. The customer would have been quoted £82.57+ vat , so the company would only be expecting to earn £82.67. The builders merchant selling £50 on materials to the builder for that job does not see it as a £60 sale inclusive of VAT. Its a £50 sale ex-vat. Any firm is going to price to materials and staff labour for a job as ex-vat + profit margin + vat. So for this hypothetical, £50 materials , 1 hrs labour @ £15 (employees wage) + markup £17.67 = £82.67 + VAT = £100 paid by the customer. Actually that does not work out correctly , your calc back from £100 vat inc is wrong. much simpler to do £100 / 1.2 = 83.33 , so the VAT tax paid buy the customer is £16.67 and the builder gets £83.33. Same logic though.

Where and how did i get shafted? Explain please, i'm intrigued. And hysterical posts? About what? We often go quiet in a bear market, this thread has plenty of evidence of that. My investment premise in Crypto was always the one goal, documented on here several times and realised in 2021. To sell a maximum of 50% of my holdings to at least clear my outstanding mortgage AFTER paying taxes. The remain pot i always said i would let run and se what happens over a few more cycles. We have not had another full cycle since 2021 and wont until 2025 so the jury is out on that until then. Happened in October 2021. Hex was down 90% not long after launching by 2020 and after big payday, then come the next bull market , it wasn't, it outperformed everything. PulseX and PulseChain will be no different. RH always times releasing new Crypto projects in bear market bottoms, It's no coincidence that HEX and PulseChain were launched 4 years apart, 2019 and 2023, both cycle bottom years. My advice is if you want some massive gainz come 2025 buy PulseChain and PulseX now, while they are on sale.

It will be assets that drag most people in , and assets are illiquid and not cash. There will be millions of families in the UK who have lots of wealth in assets but not cash to pay higher and higher asset taxes. We are back to the Granny in the £3m house on state pension who is forced to sell her house to pay the evil labour wealth tax. I would choose living Trusts and Crypto to keep excess wealth away for HMRC via Labour.

I have both a Trezor and a Ledger from 2018. Both worked fine. Might have been an issue with Trezors in the past, something bugging me. Google it. I think there used to be a potential hardware hack it bad actors could physically get hold of it. As far as remote hardware wallet off PC storage goes, both work fine.

We all know it will be lowered, £2m , then £1m , then they will just never raise it ands let "Fiscal Drag" do it's work. £1m out family would instantly be in it , £2m could come around soon enough, £3m is not out of the question within the next 20-30 years. All this will do is cause a huge upsurge of Trusts for assets over £3m. I don't own it, the Trust does.

lol. If this was 2025 I would make a market top call on this turn around and sell it all !

The more important thing is with Kraken for GBP they own a company called Payward Ltd that is UK FCA registered for Crypto , and i have never had any of the UK Bank accounts used block it putting ££ FIAT in or out of it either as BACS / FASTER payments or debit card. Remember in October 2021 i withdrew £300k from Kraken into UK bank accounts with HSBC (First Direct) , Nationwide and Halifax (Lloyds effectively) . Zero issues.

Square Marketplace now allows vendors to accept Bitcoin | Bitcoinist.com Buying Bitcoin | Square Support Center - US (squareup.com) Better money (strike.me)

You want to use it for business transactions? Bitcoin / Fiat gateway as such. The i believe Square or Strike are good for this. @MonsieurCopperCrutch may know more about it. Maybe @Buffer Bear too.

lol, you couldn't make this shit up. I have Nexo (already mentioned) and Kraken account. Kraken requires KYC , even though it's USA based but works with UK banks pretty seamlessly. Nexo you can fund with a debit card or BACS too and doesn't require any heavy KYC that i remember. There are lots and lots of options to buy Bitcoin now, to many to consider. But @MonsieurCopperCrutch and I have years of successful operations in and out of Kraken in £££ six figures with no problems.

Bitcoin Winter is over, we are in early spring now, the bottom is in @ $15500, the bottom marks the end of Winter.

I talked to a lady on Monday who got remarried in June, Her and hubby are in their early 60's , just bought a newbuild house in 2022. The both own BTL. Her 3 , Him 4. She had lucky remortgage timing and fixed at an ok Rate in 2022 for 5 years. He got caught out, just come up for repmortage 4 weeks ago. As a married couple his rents no longer cover that interest only payments by a long shot and they have a "negative" cashflow on all 7 BTL. So her positive cashflow on 3 houses and his rent payments on 4 houses cant cover the mortgage payments on his 4 BTL. So they are now trying to sell 3 of his BTL to crystallise any remaining equity and consolidate him down to 1 BTL with a much smaller mortgage balance, buy using any equity form the sale of 3 BTL to pay down the mortgage of the remaining 1. Then his 1 remaining BTL will be cashflow positive again and they will have 4 BTL cashflow positive for the next 4 years. This situation must me happening all over the UK now with BTL world with multiple properties.

We are in 2015/2019 dud............next year we are off to the races again. Last ii heard the BTC halving was around May 2024.

How many PS5's you still got stacked in your mums basement you overpaid for and cant sell unless at a loss? Ours from Xmas 2021 still going strong.

My Crypto sales and purchases are documented on here, Sale was October 2021, BTC and HEX , $500k disposal. I paid £38k tax last year, mainly CGT. Try trolling harder please.

FYI something i forget to mention. My 2020 Microstrategy shares in my SIPP have fully recovered their paper losses from 2022 and are trading higher than ever, and one of my best performing holdings in 2023 , that and Tesla.

7.5p kWh. Tesla's , Octopus energy Intelligent tariff and 18 kWh of home storage batteries.