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  • FIRST POST
    • AG47
    • By AG47 22nd May 17, 6:39 PM
    • 778Posts
    • 161Thanks
    AG47
    Buy ethereum uk
    • #1
    • 22nd May 17, 6:39 PM
    Buy ethereum uk 22nd May 17 at 6:39 PM
    MoneySavingExpert Insert:

    You might like to read Martin's blog on Bitcoins. Read it here:

    Bitcoin: Four things you need to know

    Back to AG47's original post...

    ----

    Where is the best place to buy ethereum in the uk?

    Then to get it out into an offline wallet please?
    Last edited by MSE Andrea; 01-12-2017 at 10:16 AM.
    Nothing has been fixed since 2008, it was just pushed into the future
Page 6
    • martymuls
    • By martymuls 4th Dec 17, 5:09 PM
    • 1 Posts
    • 1 Thanks
    martymuls
    Advise required.

    I have been buying ether regularly on Coinbase, however it has become apparent that If I was to decide to cash out I would encounter alot of problems as they don't operate in Sterling.

    Can anyone advise me of a way I can transfer my ether from Coinbase to another wallet or something similar were I can cash out when I see fit. My lack of control in coinbase concerns me.

    Thanks
    Martin
    • shover
    • By shover 4th Dec 17, 6:10 PM
    • 8 Posts
    • 3 Thanks
    shover
    @martymuls It may be possible to cash out to a CurrencyFair or TransferWise account and then pull it into your sterling account.
    • markj113
    • By markj113 4th Dec 17, 8:51 PM
    • 150 Posts
    • 106 Thanks
    markj113
    Advise required.

    I have been buying ether regularly on Coinbase, however it has become apparent that If I was to decide to cash out I would encounter alot of problems as they don't operate in Sterling.

    Can anyone advise me of a way I can transfer my ether from Coinbase to another wallet or something similar were I can cash out when I see fit. My lack of control in coinbase concerns me.

    Thanks
    Martin
    Originally posted by martymuls
    Exchange Eth -> BTC

    Sell BTC on localbitcoins
    • Arthur Sleepstill
    • By Arthur Sleepstill 6th Dec 17, 3:16 PM
    • 2 Posts
    • 0 Thanks
    Arthur Sleepstill
    thank you for your replies
    Reading everyones views on cryptocurrency has been interesting for me as I am completely new to this. I am however still apprehensive about purchasing any digital currency, mainly on the fact of how safe my investment would be in the event of say an EMP blast (if you believe the news theats of ww3). Does anyone know if an electronic device would be completely useless if this occured, or is this just a hollywood fantasy?
    Regards
    • fun4everyone
    • By fun4everyone 6th Dec 17, 3:30 PM
    • 987 Posts
    • 1,520 Thanks
    fun4everyone
    Reading everyones views on cryptocurrency has been interesting for me as I am completely new to this. I am however still apprehensive about purchasing any digital currency, mainly on the fact of how safe my investment would be in the event of say an EMP blast (if you believe the news theats of ww3). Does anyone know if an electronic device would be completely useless if this occured, or is this just a hollywood fantasy?
    Regards
    Originally posted by Arthur Sleepstill
    You can regain access to your tokens if you lose your hardware wallet like nano s/trezor or it breaks by using the 24 word pass phrase you are given on setup.
    • Bill Benson
    • By Bill Benson 7th Dec 17, 11:17 AM
    • 2 Posts
    • 0 Thanks
    Bill Benson
    Hello! I also struggled with Coinbase when I first started, I found that the verifcation process was a nightmare. And because of that despite having coins in my coinbase wallets it was still difficult to exchange back into pounds.
    I ended up using coinfloor to exchange coins back into fiat. I think it's pretty easy to get your head around. I haven't seen many people in this thread speaking about coinfloor, anyone got any views on it?
    • fun4everyone
    • By fun4everyone 7th Dec 17, 1:04 PM
    • 987 Posts
    • 1,520 Thanks
    fun4everyone
    18 posts since 2006 and you used one of them to spam that. 10/10 for effort 0/10 for content.
    • bowlhead99
    • By bowlhead99 7th Dec 17, 1:29 PM
    • 7,836 Posts
    • 14,311 Thanks
    bowlhead99
    I've been transferring all my bitcoin to a company called xxxx for the last 2-3 months and they have been returning 140% of my bitcoin, plus the rise, it didn't seem realistic at first but it's definitely working.
    Originally posted by cheap skate
    I expect early 'investors' in the schemes operated by Mr Ponzi a century ago or Mr Madoff a decade ago, thought "hmm, it doesn't seem realistic or mathematically possible I could get this return but it seems to be working so I won't raise my concerns, instead I'll encourage others to join and maybe I can get some referral money.

    Many such investors ended up with embarrassing losses.
    Here's the link to xxxx if your interested and yes it is a refferal link but this is how all these companies are doing it
    If you had genuinely been using the MSE forums for a decade as the age of your account suggests you would know there's a separate referrals board for such things.
    • cheap skate
    • By cheap skate 7th Dec 17, 1:42 PM
    • 20 Posts
    • 2 Thanks
    cheap skate
    I see cryptocurrency like the evoloution of the interenet, there are some say the internet was created in case of a nuclear strike because it's de-entralised and this is exactly like cryptocurrency so nobody can really control it, so I think it's here to stay!! And bitcoin will only get stronger!
    • cheap skate
    • By cheap skate 7th Dec 17, 1:56 PM
    • 20 Posts
    • 2 Thanks
    cheap skate
    I must admit I thought exactly the same at first, so I did my research met some people doing it, including people I've know for a long time and it's no ponzi! Check them out yourself. I've had my initial investment returned already in 2 months, yes it is also due to the bitcoin rise but at the time I thought it had topped out. And yes I have been a member on here for over 10 years but normally don't get involved that much but this is a subject that is really sparking my interest.
    • Bill Benson
    • By Bill Benson 7th Dec 17, 4:39 PM
    • 2 Posts
    • 0 Thanks
    Bill Benson
    Yeah that sounds dodgy to me. I actively trade crypto and fx and getting 140% on top of the growth sounds crazy. Either awfully risk managed or flat out lies.

    Ethereum then, suddenly looks like it'll be a while before it takes bitcoins top spot. Pretty good place to buy here no? My dad wants to get involved and is asking about exchanges. I told him about coinfloor but he basically wants someone to do it for him... anyone know any that are idiot proof?
    • fun4everyone
    • By fun4everyone 7th Dec 17, 4:41 PM
    • 987 Posts
    • 1,520 Thanks
    fun4everyone
    Try coinbase
    • cheap skate
    • By cheap skate 7th Dec 17, 5:57 PM
    • 20 Posts
    • 2 Thanks
    cheap skate
    Like I said I know it seems too good but check it out for your self, they make money on the spread, by using their software to trade automatically and by using their new mining rigs which they have just invested 70 million into and this is without the income from their new coin. They've been trading normal currency for the last 8 years and crypto for over a year now. It's early days!!
    • jdewolf7
    • By jdewolf7 11th Dec 17, 1:31 PM
    • 3 Posts
    • 1 Thanks
    jdewolf7
    Hi all,

    As a MSE user for many years whose never posted thought I'd share my experience of Bitcoin from the last few months as its been more profitable than my money saving attempts and matched betting combined.

    I initially bought some Bitcoin on coinbase and it has now more than doubled in value. I then tried a few investments with the profit as there are many out there that claim to make massive returns. I have now found one that I trust as I have used it for over a month and made 15% and have had no withdrawals issues, other than fees.

    I am happy to be messaged if people have any questions about crytocurrencies either how to buy or how to invest and help guide them. Please note I am only using matched betting profits in the cryptocurrencies market due to the massive volatility and potential risk.
    • elephantrosie
    • By elephantrosie 29th Dec 17, 11:09 AM
    • 425 Posts
    • 121 Thanks
    elephantrosie
    what is the difference between bitcoin and bitcoin cash?
    Another night of thankfulness.
    • bowlhead99
    • By bowlhead99 29th Dec 17, 11:55 AM
    • 7,836 Posts
    • 14,311 Thanks
    bowlhead99
    what is the difference between bitcoin and bitcoin cash?
    Originally posted by elephantrosie

    Earlier this year the blockchain which allows bitcoin to exist, was permanently forked into two separate strands. 'Bitcoin' continued along one of the paths and the coins created along the new path were known as ' Bitcoin Cash', a new alternative currency.

    Bitcoin cash has technical differences (increased block size) which were intended to make it more scalable/practical than the original bitcoin before the code fork. But when you trace the transactions back, a piece of bitcoin cash still came from the original bitcoin ledger. What happened was, there was a fork in the road and if you owned one bitcoin in July (or five coins or a hundred coins or 0.12345 of a coin), in August you would own one bitcoin (BTC) and one bitcoin cash (BTH). Or 5 of each or 100 of each or 0.12345, depending how many you had at the time of the fork.

    Owners of BTH and BTC generally decided which one of the two products they wanted to keep and sold the other, or in some cases kept both to wait and see. BTC had greater recognition and a significantly higher value than BTH at the time of the fork, and that has continued to be the case, so far.

    But basically the two types of coins have different properties and different values. The newer one is traded on fewer exchanges - some exchanges did not want to make a market in it because it was new and unknown and the were a number of scams as people worked out what to do with their new 'free money'. It is more accepted now, as everyone who had bitcoin this summer all got some, so it's not a completely random new product like some ICOs.
    Last edited by bowlhead99; 29-12-2017 at 11:57 AM.
    • unforeseen
    • By unforeseen 29th Dec 17, 11:57 AM
    • 2,604 Posts
    • 3,330 Thanks
    unforeseen
    Reading everyones views on cryptocurrency has been interesting for me as I am completely new to this. I am however still apprehensive about purchasing any digital currency, mainly on the fact of how safe my investment would be in the event of say an EMP blast (if you believe the news theats of ww3). Does anyone know if an electronic device would be completely useless if this occured, or is this just a hollywood fantasy?
    Regards
    Originally posted by Arthur Sleepstill
    If EMP blasts are taking out electronics equipment (which they will do) then the safety of your crypto currency is the least of your worries.
    • dividendhero
    • By dividendhero 29th Dec 17, 12:29 PM
    • 201 Posts
    • 180 Thanks
    dividendhero
    Reading everyones views on cryptocurrency has been interesting for me as I am completely new to this. I am however still apprehensive about purchasing any digital currency, mainly on the fact of how safe my investment would be in the event of say an EMP blast (if you believe the news theats of ww3). Does anyone know if an electronic device would be completely useless if this occured, or is this just a hollywood fantasy?
    Regards
    Originally posted by Arthur Sleepstill
    An EMP blast would be localised, but the localised area could be quite large!

    The internet would be affected, the servers etc which are on the end of power cables could be trashed but the transmission is mostly over fibre which is immune to EMP.

    As for bitcoin - it is certainly dependant on the internet being up. In a "Mad Max" type scenario it'd be worthless - gold and stuff like fresh water would become precious though
    • unforeseen
    • By unforeseen 29th Dec 17, 12:38 PM
    • 2,604 Posts
    • 3,330 Thanks
    unforeseen
    It would nice to think it would be a single strike but I doubt it.

    Fibre may be immune to EMP but it's not immune to 100 kiloton blasts and the ensuing physical damage. You don't need to hit data centres etc, It's the connectivity that will be compromised even in a limited strike scenario
    • jamiesanders
    • By jamiesanders 2nd Jan 18, 3:36 PM
    • 18 Posts
    • 110 Thanks
    jamiesanders
    Hi all, has anyone had issues with Bitstamp verification? I've been waiting for almost a month now and I'm unable to buy anything, meanwhile the Ethereum price is going up and up.

    I've read this Ethereum buying guide and I'm willing to try the other exchanges they list, but Coinbase refused my deposit from Nationwide. Any other recommendations? Anyone tried Local Ethereum?
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