dterpsss
SOHH OG Class 2004
New incoming SEC Chairman taught a class in Bitcoin. We are just starting. Buckle up brehs.
Official CryptoCurrency Thread (Bitcoin, Litecoin, Ethereum & More)
- Thread starter irishfury
- Start date
Is he good for crypto or bad? I was reading an article that said he's no fan of crypto, but the article referenced is by paid subscription only so I dont know where they got that from. Can you share your view of him and what he'll impose?
dterpsss
SOHH OG Class 2004
Insensitive
Superstar
What are the next up digital currencies ? I'm hearing that BitCoin won't be the LAST digital currency and there's
a chance that second or third digital currency can gain some market share.
I'm going to read through this thread but I want to get in early on the next wave.
I don't thin BTC will be the end all be all for Digital Currency.
a chance that second or third digital currency can gain some market share.
I'm going to read through this thread but I want to get in early on the next wave.
I don't thin BTC will be the end all be all for Digital Currency.
dterpsss
SOHH OG Class 2004
Insensitive
Superstar
Thanks.
I'll look into it !
Also what about DCA'ing BTC ?
This is all I've been seeing on the net, essentially a lot of people are saying don't fret the
high cost, DCA into bitcoin until you have an appreciable amount.
Is there anyone in here doing this or no ?
youre not looking for "digital currencies"...
...up and comers have use cases...crypto is a new technology.
The safest big bets right now IMO are
ETH - the safest...ive seen people say it will 5x to 20x from where its at now.
Some other large cap plays that *should* outpreform BTC are...
LINK, DOT, YFI (more risky, but the creator of it is like a God in the Defi space right now).
livindajetlife
Superstar
I'm taking your advice breh
livindajetlife
Superstar
Good look bro
JahFocus CS
Get It How You Get It
The latest episode of CryptoCast presented by Cream Scheme takes a look at Bitcoin's trajectory and why the rich have been accumulating Bitcoin in recent years.
You can also listen on Spotify, Apple Podcasts, and SoundCloud.
You can also listen on Spotify, Apple Podcasts, and SoundCloud.
Last edited:
How many bitcoins do you have?
Black Trash!
Philosopher, Connoisseur, Future Legend
TRYING TO WAIT FOR COMPOUND TO GO BACK TO $160
I wanna get more
I wanna get more
DaRealness
I think very deeply
Bitcoin: Newport man's plea to find £210m hard drive in tip
Bitcoin: Newport man's plea to find £210m hard drive in tip
Published
2 hours ago
image copyrightJames Howells
image captionJames Howells threw away the hard drive, now worth about £210m, more than seven years ago
A man who threw away a laptop hard drive containing bitcoin he believes is now worth about £210m wants his council to let him search for it in landfill.
James Howells had 7,500 bitcoins, a virtual currency, on the hard drive, which he mistakenly threw away in 2013.
He said he was willing to donate 25% of the value of the bitcoins to his home city of Newport in south Wales - about £52.5m - if he found the hard drive.
Newport council said excavation was not possible under its licensing permit.
Mr Howells said if he was to recover the hard drive, he would want the money to be put into a "Covid relief fund" for people in Newport to use "no questions asked".
"Imagine how great it would be to say 'I've given everyone in the city a few hundred pounds'," he told the BBC.
Mr Howells bought the bitcoins for almost nothing in 2009, but the hard drive ended up in a drawer after he spilled a drink on his laptop.
He kept the hard drive in his office drawer and "totally forgot about bitcoin all together" - so when he had a clear out, he believed everything had been taken off it.
When he threw the hard drive away in 2013, the value of the bitcoins was about $7.5m (£4.6m).
But now they are worth almost 50 times more, with the cost of a single bitcoin currently just over £28,000 after a surge in value.
media captionJames Howells: "When I went up to the landfill site yesterday my first thought was 'I've got not chance'"
He said he has asked Newport council if he could search the landfill several times, but had not been granted permission.
"I offered the local authority 10% of the recovered funds in order to give me permission to search on their property and unfortunately they said no at the time," Mr Howells told BBC Radio 5 Live.
"What actually happened after that was the value of bitcoin skyrocketed even further. In 2017 the value of my hard drive was approximately £125m, at which point I made them another offer of 10% and unfortunately that offer was refused as well.
image copyrightJames Howells
image captionJames Howells said he wants to donate a quarter of the money to the people of Newport
"I haven't actually made an offer to them today, but I'm willing to increase my offer to them to 25%. On today's valuation that would be £52.5m and I'd like to put that into a Covid relief fund for the citizens of Newport."
Mr Howells said searching for the discarded hard drive would "not be as hard as you might think" as he would employ a professional team - and knows when he threw it away so could use that to find a grid reference of where the hard drive is buried.
He added investors had offered to cover the cost of excavating the landfill, in exchange for a large proportion of the recovered bitcoin.
media captionBitcoin explained: How do crypto-currencies work?
Mr Howells said he wants to meet with the council to discuss what he said would be a "win-win-win" situation for him, the council and the city.
But a spokeswoman for the council said: "Newport City Council has been contacted a number of times since 2013 about the possibility of retrieving a piece of IT hardware said to contain bitcoins.
"The first time was several months after Mr Howells first realised the hardware was missing.
"The council has told Mr Howells on a number of occasions that excavation is not possible under our licencing permit and excavation itself would have a huge environmental impact on the surrounding area.
"The cost of digging up the landfill, storing and treating the waste could run into millions of pounds - without any guarantee of either finding it or it still being in working order."
Related Topics
Bitcoin: Newport man's plea to find £210m hard drive in tip
Published
2 hours ago
image captionJames Howells threw away the hard drive, now worth about £210m, more than seven years ago
A man who threw away a laptop hard drive containing bitcoin he believes is now worth about £210m wants his council to let him search for it in landfill.
James Howells had 7,500 bitcoins, a virtual currency, on the hard drive, which he mistakenly threw away in 2013.
He said he was willing to donate 25% of the value of the bitcoins to his home city of Newport in south Wales - about £52.5m - if he found the hard drive.
Newport council said excavation was not possible under its licensing permit.
Mr Howells said if he was to recover the hard drive, he would want the money to be put into a "Covid relief fund" for people in Newport to use "no questions asked".
"Imagine how great it would be to say 'I've given everyone in the city a few hundred pounds'," he told the BBC.
Mr Howells bought the bitcoins for almost nothing in 2009, but the hard drive ended up in a drawer after he spilled a drink on his laptop.
He kept the hard drive in his office drawer and "totally forgot about bitcoin all together" - so when he had a clear out, he believed everything had been taken off it.
When he threw the hard drive away in 2013, the value of the bitcoins was about $7.5m (£4.6m).
But now they are worth almost 50 times more, with the cost of a single bitcoin currently just over £28,000 after a surge in value.
media captionJames Howells: "When I went up to the landfill site yesterday my first thought was 'I've got not chance'"
He said he has asked Newport council if he could search the landfill several times, but had not been granted permission.
"I offered the local authority 10% of the recovered funds in order to give me permission to search on their property and unfortunately they said no at the time," Mr Howells told BBC Radio 5 Live.
"What actually happened after that was the value of bitcoin skyrocketed even further. In 2017 the value of my hard drive was approximately £125m, at which point I made them another offer of 10% and unfortunately that offer was refused as well.
image captionJames Howells said he wants to donate a quarter of the money to the people of Newport
"I haven't actually made an offer to them today, but I'm willing to increase my offer to them to 25%. On today's valuation that would be £52.5m and I'd like to put that into a Covid relief fund for the citizens of Newport."
Mr Howells said searching for the discarded hard drive would "not be as hard as you might think" as he would employ a professional team - and knows when he threw it away so could use that to find a grid reference of where the hard drive is buried.
He added investors had offered to cover the cost of excavating the landfill, in exchange for a large proportion of the recovered bitcoin.
media captionBitcoin explained: How do crypto-currencies work?
Mr Howells said he wants to meet with the council to discuss what he said would be a "win-win-win" situation for him, the council and the city.
But a spokeswoman for the council said: "Newport City Council has been contacted a number of times since 2013 about the possibility of retrieving a piece of IT hardware said to contain bitcoins.
"The first time was several months after Mr Howells first realised the hardware was missing.
"The council has told Mr Howells on a number of occasions that excavation is not possible under our licencing permit and excavation itself would have a huge environmental impact on the surrounding area.
"The cost of digging up the landfill, storing and treating the waste could run into millions of pounds - without any guarantee of either finding it or it still being in working order."
Related Topics
Black Trash!
Philosopher, Connoisseur, Future Legend
DamnBitcoin: Newport man's plea to find £210m hard drive in tip
Bitcoin: Newport man's plea to find £210m hard drive in tip
Published
2 hours ago
image copyrightJames Howells
image captionJames Howells threw away the hard drive, now worth about £210m, more than seven years ago
A man who threw away a laptop hard drive containing bitcoin he believes is now worth about £210m wants his council to let him search for it in landfill.
James Howells had 7,500 bitcoins, a virtual currency, on the hard drive, which he mistakenly threw away in 2013.
He said he was willing to donate 25% of the value of the bitcoins to his home city of Newport in south Wales - about £52.5m - if he found the hard drive.
Newport council said excavation was not possible under its licensing permit.
Mr Howells said if he was to recover the hard drive, he would want the money to be put into a "Covid relief fund" for people in Newport to use "no questions asked".
"Imagine how great it would be to say 'I've given everyone in the city a few hundred pounds'," he told the BBC.
Mr Howells bought the bitcoins for almost nothing in 2009, but the hard drive ended up in a drawer after he spilled a drink on his laptop.
He kept the hard drive in his office drawer and "totally forgot about bitcoin all together" - so when he had a clear out, he believed everything had been taken off it.
When he threw the hard drive away in 2013, the value of the bitcoins was about $7.5m (£4.6m).
But now they are worth almost 50 times more, with the cost of a single bitcoin currently just over £28,000 after a surge in value.
media captionJames Howells: "When I went up to the landfill site yesterday my first thought was 'I've got not chance'"
He said he has asked Newport council if he could search the landfill several times, but had not been granted permission.
"I offered the local authority 10% of the recovered funds in order to give me permission to search on their property and unfortunately they said no at the time," Mr Howells told BBC Radio 5 Live.
"What actually happened after that was the value of bitcoin skyrocketed even further. In 2017 the value of my hard drive was approximately £125m, at which point I made them another offer of 10% and unfortunately that offer was refused as well.
image copyrightJames Howells
image captionJames Howells said he wants to donate a quarter of the money to the people of Newport
"I haven't actually made an offer to them today, but I'm willing to increase my offer to them to 25%. On today's valuation that would be £52.5m and I'd like to put that into a Covid relief fund for the citizens of Newport."
Mr Howells said searching for the discarded hard drive would "not be as hard as you might think" as he would employ a professional team - and knows when he threw it away so could use that to find a grid reference of where the hard drive is buried.
He added investors had offered to cover the cost of excavating the landfill, in exchange for a large proportion of the recovered bitcoin.
media captionBitcoin explained: How do crypto-currencies work?
Mr Howells said he wants to meet with the council to discuss what he said would be a "win-win-win" situation for him, the council and the city.
But a spokeswoman for the council said: "Newport City Council has been contacted a number of times since 2013 about the possibility of retrieving a piece of IT hardware said to contain bitcoins.
"The first time was several months after Mr Howells first realised the hardware was missing.
"The council has told Mr Howells on a number of occasions that excavation is not possible under our licencing permit and excavation itself would have a huge environmental impact on the surrounding area.
"The cost of digging up the landfill, storing and treating the waste could run into millions of pounds - without any guarantee of either finding it or it still being in working order."
Related Topics
