Classic confirmation bias in action. People like the idea of having picked a winner.
I suspect that if blockchain does catch on in a big way, it will take longer than most holders like to envision.
BITCOIN as an alternative to regular currency
Bitcoin is not an alternative to currency and never has been. Bitcoin is a good way to buy something without paying taxes, and something in a dark market. You can also trade it, but it’s better to use other cryptocurrencies for this, plus you can also use bots as from my list - best crypto trading bot (if I get a commission from them if that 
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So much for it being a hedge on 'normal' assets!
21:30
-28.77%
$5.6k
Curiously, Bitcoin, indexes, Gold, Oil all down.
-28.77%
$5.6k
Curiously, Bitcoin, indexes, Gold, Oil all down.
A ban is to be introduced from Jan 6th for retail traders on trading CFDs or spread bets on Cryptos as they are "ill-suited for retail traders due to the possibility of sudden and unexpected losses". (Source: FCA)
The nanny state extends its grip. Again.
The nanny state extends its grip. Again.
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The Silk Run
- Posts: 180
- Joined: Mon May 14, 2018 12:53 am
Migrate to Gaming. NOT included in the UK governments wide ranging reviews, and consultations !!!
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superfrank
- Posts: 2688
- Joined: Fri Aug 14, 2009 8:28 pm
Bitcoin up 5 fold since Covid lows in March.
I read that Lily Allen was once offered 200,000 bitcoin to play a gig. She turned it down!
It's interesting, as Bitcoin more or less shares the same problems as conventional assets, probably worse. FOMO in full effect at the moment.
Widestream acceptance is growing though, so that will drive it short term.
Widestream acceptance is growing though, so that will drive it short term.
