Thanks salty. I know I can settle any debt with the minimum of £1 up to any value but it is only a small debt and I want to just wind the guy up. Could you read my OP and see what you think?  Yes if they don't accept your remittance offered in £1 coins + the rest of the change allowed, and subsequently take you to small claims court to get the money off you, the court would be satisfied that you had offered to settle the debt using legal tender and that they had refused it. If you try to give them 1p, 2p, 5p etc. coins only, you'll get a rollocking. http://www.guardian.co.uk/money/shortcuts/2012/may/15/what-can-you-buy-just-with-1p-and-2pI think you are misunderstanding my question. Say I want to settle a debt of 0.22p..... Am I able to pay with 20 x 1p coins and 1 x 2p coin legally? |
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Ahhh so that's how it works, I did see an article where a guy paid for college with 1 dollar bill once.
No place of business is obliged to accept your money as payment. They do not HAVE to sell you anything. Legal tender refers to the settlement of a court ordered debt. For example I loaned out 1BTC and the person I loaned it too didn't pay back I could take them to court and they could pay me in any legal tender they like and I cannot refuse it. |
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Unfortunately shops/banks and the like have the right to reject this sort of thing I think but the law might have changed since I last looked.
No, that link outlines what rights you have. They *have* to accept: £5 (Crown) - for any amount £2 - for any amount £1 - for any amount 50p - for any amount not exceeding £10 25p (Crown) - for any amount not exceeding £10 20p - for any amount not exceeding £10 10p - for any amount not exceeding £5 5p - for any amount not exceeding £5 2p - for any amount not exceeding 20p 1p - for any amount not exceeding 20p If you offer to settle a debt by the above divisions then a court of law would rule that you had offered a reasonable settlement. This law came about because people used to pay with small change for the lulz. An acquaintance of mine did it in the 1980s, he bought a brand new Range Rover with buckets full of £1 coins. Thanks salty. I know I can settle any debt with the minimum of £1 up to any value but it is only a small debt and I want to just wind the guy up. Could you read my OP and see what you think? |
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bump |
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it can look like the whole thing is profit from somewhere.
If you had standard benefits (JSA) then you could still earn £5000 from btc and not need to declare. If you have any other income AND the £5000 coming in (or any other amount of btc into fiat) then this counts towards your tax thresholds. e.g. you have a part time job that earns you £4000 a year and you made £5000 on btc that you stuck into your bank, then your total is £9000, and yep, you pass the threshold, but you only pay tax on the amount over the threshold.
This is entirely incorrect. The JSA allow you to earn anything but not more than what they are paying you. For example; You work 5 hours per week and earn £30. JSA will disregard the first £5 and deduct £25 from your weekly benefit.* So if you received £40 per week in benefits you would realistically receive £15 from JSA + £30 from work = £45. *Deductions are based on your circumstances and may differ |
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Oh I see. What is the recommended fee?
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Hey everyone, I sent a transaction to an address 7 hours ago and it is still showing as unconfirmed.... I paid the 0.00001BTC (I don't know fee exactly but when it asked for fee I just said yes) https://blockchain.info/address/12nx3qqkySaEEhuRJg3B9qDiLhwz4XAiXkAny ideas? EDIT: Also, I sent 0.38BTC to SatoshiDice about 10 mins ago and that has 2 confirmations already. (Paid the exact same fee). |
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I'm in Ecuador right now. Think you can ship it DHL?
I can certainly ship it via DHL to Ecuador but they are asking £46 and in case you're wondering UPS is asking £67. I'm thinking at that price just get an envelope and mail it like a regular letter. Probably be less than 1GBP I wished, sadly the royal mail average is around £8 for overseas delivery and it seems like they are asking £7.78 for delivery to Ecuador. Not true. I imagine this would weight approx 15-20g? http://www.royalmail.com/personal/international-delivery/airmailHit stamps then online postage. Ecuador is £1.28 per 20g letter |
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1BTC will be worth 1BTC tomorrow 7pm EST. Ship the .5
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Give your coins to someone with more balls. People like you are not needed in the bitcoin community.
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Do you really believe what Wikipedia says. You know that online encyclopaedia that anyone can edit?
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10BTC wager?
This is a one sided bet. To be clear you want me to win $250 if I am right? And what are you placing against this bet? your terms are unacceptable. Write up reasonable terms and we'll talk. My bet is 10BTC, your bet is 10BTC. Bet will run until May 1 00:00 UTC and outcome will be verified by a 3rd party or escrow holder. My terms are unacceptable because it was unacceptable of you to post this economics and not in speculation. Also because you seem sure that BTC will drop so low. If the price goes below $25 you win. If it doesn't I win. |
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Wait... So if I keep my BTC that I bought at say $4 and don't cash it into fiat it is not liable to CGT since it is not actually 'money'?
If that is the case, I can just buy items with BTC and sell them for fiat on fleabay?
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I used StrongCoin once. Then I seen their 1% fee. Seriously? I can transfer my own money for free and more securely.
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I'm trying to get my Litecoin-Qt to work on solo mining (Mac OSX) but can't figure it out.
Anyone who wants to help me set it up is welcome to help themselves to 20LTC of my coins!
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Hey,
I'm looking to buy or trade 1,000 Litecoins. I can pay by BTC only.
Come at me with your quotes.
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