How can I buy bitcoin in the UK?

  • The price of bitcoin has been surging in recent months.
  • Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.
  • There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electricity bill to match), and using it to “mine” bitcoins, the process of solving the cryptographic codes that keep the entire network running.
  • Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites.
  • Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

The price of bitcoin has been surging in recent months.
Continue reading “How can I buy bitcoin in the UK?”

Low Cost holidaymakers likely to get just £7.78 refund

  • Any queries regarding Low Cost Holidays are a matter for Low Cost Holidays.”
  • Thousands of holidaymakers who booked travel with Low Cost Holidays may get a refund of just £7.78 each, the BBC understands.
  • Mr Holt’s daughter Rebecca also had to pay again for airport transfers.
  • Those who paid by credit card will also be able to claim compensation from their card issuer.
  • The BBC is not responsible for the content of external sites.

Read the full article, click here.


@dgwbirch: “Remember boys and girls, ALWAYS use a credit card to book your holidays never Bitcoin or chequers or cash”


Thousands of holidaymakers who booked travel with Low Cost Holidays may get a refund of just £7.50 each, the BBC understands.


Low Cost holidaymakers likely to get just £7.78 refund

Bitcoin Start-Up Gets an Electronic Money License in Britain

Bitcoin Start-Up Gets an Electronic Money License in Britain -

  • Circle is set up so that its customers can hold their money in national currencies to avoid the volatile price of Bitcoin.
  • The British government has pushed through its first licensing of a virtual currency company, underscoring its desire to make London a hub for the development of financial technology.
  • It is the first time that a large global bank has agreed to work with a Bitcoin company, though Circle has attracted investments from others .
  • And last year, Circle became the first company to get a so-called BitLicense from New York state’s top financial regulator, the Department of Financial Services.
  • DealBook | Bitcoin Start-Up Gets an Electronic Money License in Britain

Read the full article, click here.


@yieldoppression: “Bitcoin Start-Up Gets an Electronic Money License in Britain -”


Britain’s top financial regulator has granted a license to Circle, a company based in Boston that will work with Barclays, the British bank.


Bitcoin Start-Up Gets an Electronic Money License in Britain