Governments, law enforcement, regulators. They're not going to sit around and let these sums be thrown at a crappy website with a one page idea. They've just started their noises about it. There'll be plenty more.

Then it looks like mission accomplished for you as it managed it on a handful of exchanges. Now you can log off and never return as every human and business on the planet is using it and inflation in fiat currencies has been outlawed which is the only way it can reach its max value.

I remember someone on here writing at length at how it was spiritually and physically impossible for BTC to go above $300 again. Rather inconveniently for them it did it a few hours later.

I'd prefer it if it didn't get sucked into ICO mania. There are too many question marks surrounding the whole space and there'll be plenty more heaviness to come from The Man.

Expedia was only ever hotels for Bitcoin for some reason, and they might have abandoned that.

The main ones where you can buy flights are - https://btctrip.com/   https://destinia.co.uk/  https://www.cheapair.com/

There are no doubt others. From browsing through and comparing prices on those sites though you can usually find flights for less with regular currency. If the OP can get a Bitcoin debit card they'll be able to pick and choose the right price.

Then keep a record of your Bitcoin buys and keep track of all your private keys. If you paid for it legitimately and sold it legitimately there's no problem.

It's no different than selling a classic car or painting. It's something you own that you've sold.

I bought a PBC coin and redeemed it successfully a couple of years ago. I'm trying to remember what I was told as there was a little process to go through but it wasn't as complicated as the one listed. The private key printed on the coin starts with a K. I must have written the process down somewhere so I'll dig around.



He used to have a scan of his passport on his website. He certainly looked after me when I bought from him so it's a shame it's all gone tits up.


Edit - I wrote the correct private key down too. With my PBC coin I had to add a 5 to the front and reverse the final two letters of what was printed on the coin.

Nope.

https://www.cryptoninjas.net/2017/06/08/cumberland-mining-offers-convert-bitcoin-held-mt-gox-cash/

This OTC broker offered a deal to buy all 202,000 coins in one deal.

No one with a significant amount of BTC should sell it on an exchange. There are extremely deep pockets off market.

Paper gains help no one. I spent a bit around the $1000 mark. I'd been sitting doing nothing with it and felt like it was time BTC financed some actual enjoyment. Am I desperately embittered? Nah. It was free profit that was spent and it provided a high quality time.

I wouldn't spend significant amounts on depreciating tat, but equally there's no point in leaving a vast fortune to a cat protection home after living your final years in one rented room wearing carrier bags on your feet.

If it fulfils its potential it'll continue to appreciate forever. None of us will be here forever.

They got the ultimate hack from the US government.

The thing is that you only hear doom and gloom from a very vocal minority, everyone else is happy enough. A lot of the time said complaints are down to their own stupidity.

However the sheer weight of complaints about certain places can't be ignored. Poloniex works fine until you have a problem, then their total non communication becomes a serious problem.

Of all the exchanges out there the least complaints I've heard about are Gemini. Maybe that's because it doesn't have enough users. I dunno.

Coinfloor is long established and is pretty much the only UK exchange with any oomph.

There are two ways to buy on there, the exchange itself and the Coinfloor market which is P2P like Localbitcoins. The sellers are vetted by Coinfloor.

The Coinfloor exchange is zero fee, not the market. And the Coinfloor exchange has pretty high withdrawal and deposit fees.

This is most comprehensive list for buying BTC in the UK - http://bittybot.co/uk/buy-bitcoins-uk/

Wallets are your choice, but it's important to get one that gives you control over your Bitcoin network fees. The Bitcoin fees they impose on you are insanely high and out of whack at the moment. Coinomi offers fee control. Electrum does on PC, dunno about the phone version.

And on top of that ask yourself this - if a stranger in the street with a bag on their head walked up to you and offered to double your dollars in one month and all you had to do was hand them 1000 dollars in cash right now with no contact details and no idea who they were, would you hand it over and let them walk away?

99.9% of people would tell said stranger to get fucked, yet for some reason they're all too happy to do this online with their Bitcoin. Why?

There is one extremely straightforward rule - if it looks too good to be true then it is.

On top of that always google site:bitcointalk.org 'subject' and see if anything comes up. If nothing at all comes then that's not an encouraging sign.

Risk free returns are impossible. If there was a legitimate interest paying Bitcoin option I can guarantee you every single Bitcoin on Earth would pile into it instantly as they're all sat doing nothing. There is literally not one on the entire planet.

Lending on well known exchanges has enough risk, let alone all these bullshit ponzis. Have you been offered a specific 'opportunity'?

The uptime is borderline flawless. Unfortunately it's used by humans and they will always be the weak point. Even if Bitcoin itself is perfect, the people surrounding it motivated by greed, fear, weirdness or coercion could easily balls it all up.

We're never going to get rid of humans so Bitcoin will never be bulletproof.

That would be my preference too but they seem to be slowly disengaging in all areas. If they were to offer a paid option I wonder how long it would be before they abandoned it or started sneaking crap back into it.

Everyone seems to be getting a little overexcited because one organisation has introduced an idea that'll probably turn to shit anyway. Deposits are dodgy enough even when there aren't insane exchange rate fluctuations.

What would really count would be a national chain of estate agents or letting agents taking it on.

You're better off leaning towards a passphrase than a password. It's easier to remember and harder for a computer to work its way to.

Something like "I hate your ridiculous cheese Ferrari because it smells" but ideally something more random, will be far harder to crack than the usual passwords people go for.

This is a good article on the subject - https://theintercept.com/2015/03/26/passphrases-can-memorize-attackers-cant-guess/

The OP evidently hasn't been here for very long. This is less than nothing in the great scheme of things. Try sitting through 2013-15 and then coming back to us.

Dunno about this place but there used to be a website that correlated co living facilities. It sounded utterly horrendous. One place charged you to visit for 2 years before they'd let you buy a room there. Others insisted on 20 hours of kitchen or garden work per week.

Lord knows why anyone would pay money to live amongst a bunch of righteous assholes but good luck to them if they want to.

It plays a large part in certain aspects such as mining. As far as I know it's never contributed to one line of Bitcoin's development.

As for trading, when it had zero fee exchanges people believed that 98% of trading volume happened there. In reality it was few bots throwing the same coins at each other thousands of times a second. When the exchanges were shut down and reopened with fees then we got a realistic impression.

It's significant but not the be all and end all.

https://coinmarketcap.com/currencies/bitcoin/#markets

It's down to the buyer to make their peace with fluctuations. I assume most future sales will be going through somewhere like Bitpay to entice the seller. If the house is 20% cheaper in BTC one month into the future then tough titty.

I seem to remember somewhere fancy in Miami selling for 3000 BTC near the start of the year. Now that would be 800 or so.

I dunno how capital gains would work though. I assume you'd have to cash out a certain amount to pay it.