How do I buy and sell bitcoin legitimately in the UK on websites like Paxful a asked Localbitcoins?
Okay so I've been trading a little while on LBC and I've been semi successful and I've enjoyed doing it, until people have started targeting me and reversing payments... As some of you will know this is intensely annoying, the bank will lock up your account until the investigation is closed and they might even close your bank account altogether. Yet, there are people on LBC who operate within the UK just fine. How do they do this? What is the process that needs to happen to be able to trade and be sure that your account won't be locked up if someone tries to reverse a payment? I'd like specifics if anyone can provide them but I have a few specific questions: What business account bank should I use and why? I've heard Enumis and Clear Junction are popular. I know I need to be regulated by the FCA if I want to start trading consistently with large volumes. Will being FCA approved effect the way I trade to any large degree? Will it prevent people from locking up my account by reversing payments etc? Any other comments from UK based professional traders on Localbitcoins or similar P2P trading sites would be appreciated.
I've been somewhat trolling on here for a long time, and have been banned a few times for getting into nasty discussions. Here's the deal, bitcoin will never replace currency. It's not a practical currency and never will be. But, as a store of value, like gold, it could be huge for these countries whose fiat currencies are collapsing. Venezuela, Turkey, and a few others as they come. Just like anything, this just needs better value stability then the currency to work well. It's a great option. Fair due to those that believe USD will collapse as well. I get it, but it's just not going to happen. Better to make your money grow in time- tested investments. Balance it out. Don't throw everything you have into this belief. You will probably feel more pain and there are fewer and fewer bubble buyers to make up your losses.
[uncensored-r/Bitcoin] Legitimate gambling sites for bitcoin (a la Primedice -- no idea if Primedice is legit)
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Click here www.podret.com/invite/faithhope and register for a legitimate bitcoin investment company that pays since last year May till date. Invest and earn 2.8% of your investment per working day.CHECK IT OUT AND ENJOY YOUR INVESTMENT.
Purse.IO Refusing to release bitcoin. legitimate service?
My www.Purse.io account was suspended even though the shoppers item is marked as Delivered on the shippers tracking website. I've contacted Purse.IO support and they have replied back stating that my account was under investigation. I called Amazon to verify and fix any problems associated with my account, amazon stated that those claims were false and that my account isn't currently under any investigation after undergoing a identity verification. Purse is currently backing me into a corner by forcing me to dispute the credit card charge with my bank. What will happen to the shopper who received the gift from amazon if i do that? Has anyone here use Purse.IO? I've posted on their sub-reddit but the admin is deleting the topic..
[uncensored-r/Bitcoin] Legitimate short and long-term bitcoin investments with assured returns
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Bitcoin legitimization as currency vs other cryptos
It has been well publicized that bitcoin has been accepted as a currency now in japan and that there are movements for to occur soon in other countries such as Australia. My question is whether the scope of legislation focuses on bitcoin, as the first mover, or refers to the broader crypto currency world. Anyone on here read the fine detail?
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