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Britcoin!

Posted: January 1st, 2018, 10:24 pm
by feder1
Bank of England could issue a bitcoin style currency this year.

https://news.bitcoin.com/bank-of-englan ... y-by-2018/

Once a reputable organisation gets involved then it all becomes more interesting to ordinary people.

Re: Britcoin!

Posted: January 2nd, 2018, 8:26 am
by JMN2
5 stages:
Denial
Anger
Bargaining
Depression
Acceptance

Re: Britcoin!

Posted: January 3rd, 2018, 12:22 pm
by bungeejumper
JMN2 wrote:5 stages:
Denial
Anger
Bargaining
Depression
Acceptance

Did you forget capitulation? :P

BJ

Re: Britcoin!

Posted: January 4th, 2018, 3:25 pm
by Surerera
To transfer £1000 worth of Bitcoin currently costs £23.

Using Natwest I can transfer £1000 and it costs nothing. Bitcoin will never make it as a currency but it was a great ride.


Surerera

Re: Britcoin!

Posted: January 4th, 2018, 3:46 pm
by JMN2
Surerera wrote:To transfer £1000 worth of Bitcoin currently costs £23.

Using Natwest I can transfer £1000 and it costs nothing. Bitcoin will never make it as a currency but it was a great ride.


Surerera


£23!!! Outrageous! This surely proves bitcoin is kaput and the ride is over.

Re: Britcoin!

Posted: January 4th, 2018, 4:55 pm
by Surerera
JMN2 - It also takes 3-4 hours to make the transfer. It's certainly useful for illegal activity but mainstream use? It won't happen.


Surerera

Re: Britcoin!

Posted: January 5th, 2018, 12:47 pm
by JMN2
I am not a chartist but looking at the 6mth graph it is like the pop upwards in December never happened and November steady rise continued instead.