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1  Other / Beginners & Help / Transfering money from UK to bitstamp.net (SEPA?) on: December 19, 2013, 06:53:08 PM
Hi, I want to deposit some money to bitstamp.net.
I live in the UK, and all the money in bank account is in GBP. (£)

Bitstamp offers several methods for transfer, but I'm not sure which to choose.

One option is international bank wire transfer. This option is quite simple and I understand how it works. However, as it involves me tranferring funds abroad it will end up costing me at least £23 in fees, and Since I'm only looking to deposit somewhere under a £100, that doesn't sound great.

Now, the other option given on bitstamp is SEPA (EU Bank). According to bitstamp, I live inside the SEPA zone, so I should be able to make a transfer using this method, with less fees.

However, my bank account is with danske bank, and when I log into online bank and click to transfer, it doesn't mention SEPA anywhere. It gives me 2 options:
-Transfer funds.  This is for transfers within the UK and there are no fees.
-Tranfer funds abroad. This is for worldwide tranfers. However, there are fees, and you can click whether the payee or reciever pays the fees.

So what do I do?

First of all, do I select "SEPA", or "International Wire Transfer"?
And then, on ebanking, do I "Transfer funds" or do I "Transfer funds Abroad"?
 
 Smiley
2  Other / Beginners & Help / Re: How many bitcoins will there be? on: December 19, 2013, 06:39:48 PM
It has not nor can it ever rise.  It is, was and always will be 21 million.

Thanks for clearing that up.  Smiley

I have a few more questions.

After all 21 million bitcoins have been mined, will there be no more bitcoin mining.

I've read about people that have accidentally had hard drives destroyed that have bitcoins stored in them. What happens to those bitcoins? Are they lost forever, or are they put back into circulation some how?
3  Other / Beginners & Help / How many bitcoins will there be? on: December 19, 2013, 06:29:34 PM
I'm new  Grin

When I first began researching bitcoins, I read that the total number of bitcoins that could be mined was 12 million...

But today I was reading an article that said it was 21 million?

Was that just a typo, or has the number risen?
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