BITCOIN as an alternative to regular currency
- Realrocknrolla
- Posts: 1903
- Joined: Fri Jun 05, 2020 7:15 pm
This has aged well. My cousin was involved at $100 and still is to this day.Euler wrote: ↑Wed Nov 27, 2013 6:12 pmBit coin break $1000 bubble bubble bubble
http://www.bbc.co.uk/news/technology-25120731
Way to volatile for me.
Interview with Cameron and Tyler Winklevoss on Bitcoin, Ethereum, NFTs, Crypto, and More
https://youtu.be/aAqKlKJ3v2o
https://youtu.be/aAqKlKJ3v2o
Yeah - it maybe Tesla buying that was a serious strategic mistake.
I am also not sure why the SEC isnt involved - Musk can easily be accused of market manipulation - hard to know when he
can legitimately buy/sell without being accused of something.
Hard to keep up, but a poker player I respect has dumped all his ETH and moved it to BTC - thou acknowledging the bull run is likely over.
I have a v small exposure to some alt coins.
I am also not sure why the SEC isnt involved - Musk can easily be accused of market manipulation - hard to know when he
can legitimately buy/sell without being accused of something.
Hard to keep up, but a poker player I respect has dumped all his ETH and moved it to BTC - thou acknowledging the bull run is likely over.
I have a v small exposure to some alt coins.
Charlie Munger must be happy.
Market forces are quite something to behold when everyone is racing for the exit.
Market forces are quite something to behold when everyone is racing for the exit.
...'correct-a-mundo' https://www.youtube.com/watch?v=QcqmYwEGfaQ
...it's a deflation race back to ZERO as that's what all cryptocurrencies are worth: no more than the next fart captured in your closed fist! (which you can at least throw at someone and enjoy their reaction, so it's intrinsic value is just above ZERO )
[Back in the '80's during a previous life of mine, in the USA they used to sell a can of 'Farmyard Spray'...and much fun was had with that ]
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- jamesedwards
- Posts: 2323
- Joined: Wed Nov 21, 2018 6:16 pm
...and yet casino.com insists on interrogating my bank statements before they will let me deposit £100Tuco wrote: ↑Wed May 19, 2021 4:01 pm...'correct-a-mundo' https://www.youtube.com/watch?v=QcqmYwEGfaQ
...it's a deflation race back to ZERO as that's what all cryptocurrencies are worth: no more than the next fart captured in your closed fist! (which you can at least throw at someone and enjoy their reaction, so it's intrinsic value is just above ZERO )
[Back in the '80's during a previous life of mine, in the USA they used to sell a can of 'Farmyard Spray'...and much fun was had with that ]
Bitcoin falls further as China cracks down on crypto-currencies
https://www.bbc.co.uk/news/business-57169726
https://www.bbc.co.uk/news/business-57169726
It's a shame some people are stupid enough to put more than they can afford to lose into a high risk gamble expecting to become rich within a few weeks. It just shows how little money management knowledge the average person has. The only reasonable approach to these markets IMO is to put in around 1% of capital and forget about it for a few years, if that money can't be better used elsewhere.
Blaming Elon Musk for making the price go down reminds me of blaming the horse racing commentators for ruining my trade
Blaming Elon Musk for making the price go down reminds me of blaming the horse racing commentators for ruining my trade
- superfrank
- Posts: 2762
- Joined: Fri Aug 14, 2009 8:28 pm