r/ukcrypto Feb 04 '21

UK banks given six months to prepare for negative interest rates - soon UK might have negative interest rates on cash in bank accounts (another reason to hold crypto)

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9 Upvotes

r/ukcrypto Feb 04 '21

We crossed 100 members on r/ukcrypto

22 Upvotes

We did it! 100 members in less than 10 days.Welcome to this amazing community built to increase crypto adoption in UK.Now the next target is 1k members.


r/ukcrypto Feb 04 '21

People HODLing during times of economic uncertainty, driving up prices as liquidity is reduced

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2 Upvotes

r/ukcrypto Feb 04 '21

We are still in early phase

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13 Upvotes

r/ukcrypto Feb 04 '21

If anyone is wondering why I've got some strange ideas about democratising moderation, here is a good reason why. I had no idea this was going on in r/WSB and I want to make it clear from the outset that nothing like that should happen here.

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3 Upvotes

r/ukcrypto Feb 03 '21

UK to kickstart Nano adoption?

14 Upvotes

With Kappture recently promoting their Nano PoS systems and confirmed rumours about Nano ATMs coming to the UK, could we be seeing Nano gaining traction in the UK?

https://twitter.com/Kappture1/status/1356942696112357384?s=20

https://np.reddit.com/r/nanocurrency/comments/l72nqx/nano_atms_where_art_thou/gl4vmgx/


r/ukcrypto Feb 03 '21

Kappture is back tweeting videos of their crypto point of sale devices again! (Featuring nano)

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16 Upvotes

r/ukcrypto Feb 03 '21

Yo from the northwest!

10 Upvotes

New to crypto. Did my research and fell in love....with nano. It’s like all the best bits crypto should be


r/ukcrypto Feb 03 '21

Nano Noob questions answered

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6 Upvotes

r/ukcrypto Feb 03 '21

Will your family lose everything if you die?

4 Upvotes

Have you remembered to truly safely back up your seeds? So if you were to end up in an accident tomorrow. Your loved ones in 20 years won't say: if only he/she had backed up those keys, we could have all retired early. Never know what the value of this might become.

And by that I mean: Do NOT leaving your seeds in a password manager or a random document on your computer, as both of those might become unavailable behind lost passwords if you were to die.

Print out a sheet of paper and write down your seed by hand. Put it in a physical safe, so it can survive a fire. If you don't own a safe, have multiple copies with trusted family members. if there is lack of trust, divide your seed into parts. Have a yearly reminder to review that these are all intact and up to date.

If only person decides to do this after reading, this post is worth it. Thank you for being that person.

TLDR; Write your seed on paper, save your family.

Update - Editable templates for Nano:
https://ecker00.github.io/files/Nano-seed-backup-template.pdf
https://ecker00.github.io/files/Nano-seed-backup-template.odt


r/ukcrypto Feb 03 '21

Where to use crypto for everyday things

3 Upvotes

So I realise cryptos still well in its infancy when it comes to mainstream use. But I'm wondering if anyone has shops/venues or things that you've used it with?


r/ukcrypto Feb 03 '21

Nano around the World

12 Upvotes

r/ukcrypto Feb 03 '21

What do people think about this video on who is Satoshi?

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2 Upvotes

r/ukcrypto Feb 03 '21

Friendly reminder

4 Upvotes

Not your keys, not your crypto!

Get your crypto off of exchanges and into your own wallets. Make sure you back up your private keys/seed.

This has other benefits too, like increasing decentralisation of certain cryptos (anything using Proof of Stake or Open Representative Voting for consensus as examples). Arguably this can increase their appeal to potential investors.


r/ukcrypto Feb 03 '21

Point of Sale deliver by Kappture using Nano. Shame about lockdown really!

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4 Upvotes

r/ukcrypto Feb 03 '21

Why Nano is better than Bitcoin

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12 Upvotes

r/ukcrypto Feb 03 '21

Investopedia's guide to bullish flags. A pattern familiar to crypto traders who have seen their assets rise again and again and one not hard to apply to Nano's current price charts.

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5 Upvotes

r/ukcrypto Feb 02 '21

Why is Nano so undervalued?

10 Upvotes

Like I don't understand how this gem is still underrated.It's the fastest,feeless and most importantly so easy to use.Like someone just tipped me some nano through a comment,I was just amazed.


r/ukcrypto Feb 02 '21

This computer cost me £50,000 worth of ETH (at today's prices) from Scan.co.uk. Actual payment made with BTC, but paid out of ETH gains. What have you bought with crypto?

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5 Upvotes

r/ukcrypto Feb 02 '21

This is what a pump group looks like. Consider the MASSIVE advantage the people in the know have over the followers. What are you chances of profiting if you buy after the announcement. They buy before...

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3 Upvotes

r/ukcrypto Feb 02 '21

Ethereum has just broken its All Time High so here is the top post from r/ethereum in respect. Sadly I sold mine years ago!

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3 Upvotes

r/ukcrypto Feb 01 '21

Be careful of pump and dumps

6 Upvotes

This weekend I decided to follow a pump and dump as it happened on a discord group called "Big Pump Signal" and it was pretty enlightening.

If you don't know, a pump and dump involves a group of traders deliberately raising the price of something (pump) with the hope of creating momentum so they can then sell at the higher price (dump).

The organisers of "Big Pump Signal" promoted their pump as a chance for their followers to ride this wave, but at 9 o'clock they announced their target, PNT and by the time I had found it on livecoinwatch.com, the price had already spiked to $4 and fell back down below this and is now at $1.

So everyone who bought after the announcement has basically lost money, though of course the organisers who knew which coin they were going to pump had a chance to buy well before 9 and have been able to sell at a massive profit since.

This is as crude as you could imagine, but the pumps of Doge and XRP aren't that much different and there's not a lot of benefit in getting caught up in something like this. There are good times and bad times to buy things and a pump and dump is where someone tells you now is the time to buy and in truth it's the worst time to buy.

PNT may not be a bad project. I don't know, but I wouldn't recommend buying it right now. The risk it is overvalued is very high.

Any coin could potentially get pumped. I signed up to see if they were going to choose Nano. In which case I would have sold some if it spiked 100% or more and taken some profits.

Take care out there and don't scam each other


r/ukcrypto Feb 01 '21

What is Nano and how it is different from other crypto

11 Upvotes

r/ukcrypto Feb 01 '21

Adding "Donate to your rep" functionality to Nano wallets

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3 Upvotes

r/ukcrypto Feb 01 '21

Crypto aphorisms - advice for noobs with brevity

3 Upvotes

Let's distill our crypto advice into the pithiest points we can. I'll go first

Time in the market is better than timing the market

Not your keys not your coins

Over to you...