you are 15 years old, you have your whole life ahead of you! one thing i wouldnt worry too much about tax ,tax has to be paid speak to a really good accountant ,u havnt even worked for it imagine the people who clean streets , paint houses , or anyone els normal who works hard for a living and pays £5,000 out of a £25,000 salary thats tax but cashing out over 1 million pounds worth for capitol gains tax isnt a problem ,what will you keep £700,000?

this is what i would do i live in mitcham south london
buy a 3 bedroom house here with a garage and a drive and a garden free hold in cash £250,000 rent it out for £1500.00+ thats £18,000 a year
buy another house in mitcham in cash £250,000 rent out 2 of the rooms for £9000,00 a year
if you want a more popular area look at flats in tooting about the same rent but more expensive


put £150k away in savings when you are ready to do some risk/reward investments
put £50k in your current account and enjoy it you have a big income from the rent anyway.

you still have £200k left and owning 2 houses in london at 16 is well kinda amazing...
you will be earning £27,000 a year and you wont need to get out of bed taxable income but so what everyone pays tax and you will pay it for pretty much doing nothing but managing 2 houses
i personally wouldnt think twice about cashing out and getting something real like 2x houses money in the bank its far better then some electronic coin that is pie in the sky.. no one really knows whats gona happen.



so yes i would go down the 100% safe route low risk set your self up first then if you must play around with the £150k
lm into property myself so i know a few things, but ofc its not rocket science .
let me know what you think

anymore info on this?

is it a big thing then these stolen bank accounts?

meeting in cash is not good as its time consuming and small amounts not worth my time..

i thought localbitcoins was good and safe?

Hi there,
i made my first sale via localbitcoins and a friend told me to be carefrull because if someone pays you with a stolen account or claims that someone stole his account they can close your bank account due to a fraud investigation

has anyone heard of any concerns ?

oh dam looks like i learnt my first lesson it was auto after clicking just said £15.50, it was only a couple of quid but i didnt see an option so it opens a negotiation tab i should have taken notice.

no on the main screen it had £17.44 in green and my amount was 0.035 then the next screen it offered me £15.50 i just took it was desperate to finally see some hard currency now i know it works i wont be so desperate anymore weekend isnt a good time for selling ! that said , can you explain why it went down to £15.5?

one more thing im making my first sale for £17 but localbitcoins says ill only get £15.50 do they charge a flat rate per trasaction or a percentage? as £1.50 is kinda high on £17

ok its in sorry for being a noob but then i guess it is the noob section makes sence having this section otherwise the main section will be flooded by panic posts lol

Its been over 10 mins now i know it says upto an hour but all i see is conformation from btc-e but my localbitcion wallet showing 0  still can anyone help i heard there is something to look for in a block chain?

not verifyed yet, i dont get alot of infomation

was hoping an expirienced person could let me know about okpay

does okpay work for the uk? i only have a £ account

thing about bitstamp is i need to wait so long for verification.
but i was thinking of trading with btc-e while we wait they have alot of options to buy this sell that convert it looks cool.

bump?

as above whats the best way to deposit funds into BTC-E? from the uk so i can trade?

if anyone is intrested let me know and advise how to proceed obviously i will only transfer the coin after payment is cleared but we can talk about it if you like we can agree to only sell 0.60 of the coin first for £12 then the rest for another £12 ,

im off to bed now if intrested please leave a comment here

tomorrow i might have to convert it to btc and sell it on one of the sites

yea

really?
so okthen i would like to sell 1.1ltc for a uk bank trasnfer how to find a buyer?
i can transfer it now

hi, bitbargain and localbitcoins seem to be quite similar,
i wouldnt mind selling it to you i mean its only 1ltc at the moment (havnt converted it just yet) but i want to learn what to exactly do?

so im looking at the localbitcoins site now have registered and verified no scanning needed it seems very fast .

how would i upload the btc and how would i sell such a small amount?

thanks for your help.
 

hi ,

how about if i withdrawed from btc-e to okpay?
or to bitstamp?
also its a bit confusing as ill only have 0.03558btc how would localbitcoins.com take such a small amount?

As Above!!

i have 1LTC and i wish to convert it to BTC-E and cash out ?
can anyone help? trusted sites only pls!