Whites man Posted December 7, 2017 Posted December 7, 2017 It's a symptom of the search for yield, with low bond rates and equities thought to be overvalued folk are investing elsewhere. Quote
e2e4 Posted December 7, 2017 Posted December 7, 2017 anyone made any HODL BTC jokes yet ?? just gone up about 4 grand in 12 hours hahaha :lol: banks youre all gonna die (i'm kinda joking) Quote
e2e4 Posted December 8, 2017 Posted December 8, 2017 haha.. found it (is it a run dmc logo?) i remember trying to use it once, i think it said "will take 298 days to syncronize (the bitcoin ledger)" at the bottom, i think i ended up buying what i were after with me debit card..i wouldve run out of hard drive space as well. it were ages ago, so i'll bet it's miles bigger/worse now. can't even figure out how a Futures market for it would even work.. *ahem* Quote
miamiwhite Posted December 9, 2017 Posted December 9, 2017 Been doing well with a Goldbloc linked one recently. Bitcoin is too volatile now and ready to burst. The Goldbloc (TRAC) is a different type of crypto currency, MasterCard have just signed up as vaulting partner for one company, totally De risking everything and making the project very secure and safe from financial crashes due to the gold aspect. That company LION will do very well next week. Thankfully, I got in early doors. Quote
Tonge moor green jacket Posted December 9, 2017 Posted December 9, 2017 Been doing well with a Goldbloc linked one recently. Bitcoin is too volatile now and ready to burst. The Goldbloc (TRAC) is a different type of crypto currency, MasterCard have just signed up as vaulting partner for one company, totally De risking everything and making the project very secure and safe from financial crashes due to the gold aspect. That company LION will do very well next week. Thankfully, I got in early doors. Fascinates me all this dealing stuff. Dunno if I could be arsed getting involved, but its still intriguing all the same. Good luck to you! Quote
freds dad Posted December 9, 2017 Posted December 9, 2017 My lad has dabbled in Bitcoin and has made a few quid over the past few months. He's now talking about buying into IOTA and asked if I fancy it. I can afford to lose a couple of hundred quid so although I trust his judgement does anyone else have a view. https://iota.org Quote
Guest Posted December 9, 2017 Posted December 9, 2017 My lad has dabbled in Bitcoin and has made a few quid over the past few months. He's now talking about buying into IOTA and asked if I fancy it. I can afford to lose a couple of hundred quid so although I trust his judgement does anyone else have a view. https://iota.org Quote
maaarsh Posted December 9, 2017 Posted December 9, 2017 The purpose of a currency is to have a relatively stable value so it can be used to ease trade in things people actually want. As such Bitcoin is utterly useless. It's just a zero yield investment asset with no intrinsic value. At least when people used to invest in daft bubbles they got a tulip out of it if nothing else. Quote
miamiwhite Posted December 9, 2017 Posted December 9, 2017 The purpose of a currency is to have a relatively stable value so it can be used to ease trade in things people actually want. As such Bitcoin is utterly useless. It's just a zero yield investment asset with no intrinsic value. At least when people used to invest in daft bubbles they got a tulip out of it if nothing else. Spot on. Whereas Goldbloc sees an actual asset, hence why MasterCard have become a partner. Bitcoin will disappear soon enough. Quote
HomerJay Posted December 10, 2017 Posted December 10, 2017 Spot on. Whereas Goldbloc sees an actual asset, hence why MasterCard have become a partner. Bitcoin will disappear soon enough. some folk are going too lose a lot of fucking money, if thats the case. Quote
tkonion Posted December 10, 2017 Posted December 10, 2017 some folk are going too lose a lot of fucking money, if thats the case. I'm always puzzled when a large amount of people lose money in any type of financial crash as to where the lost money actually goes? Take the money 'lost' in the crash of 2007/8 for example, I'm sure it didn't get blasted into space or burnt on a big bonfire. Is it because most money doesn't actually exist in any tangible form in the first place anyway, but if so where does the imaginary money disappear to? Quote
kent_white Posted December 11, 2017 Posted December 11, 2017 I'm always puzzled when a large amount of people lose money in any type of financial crash as to where the lost money actually goes? Take the money 'lost' in the crash of 2007/8 for example, I'm sure it didn't get blasted into space or burnt on a big bonfire. Is it because most money doesn't actually exist in any tangible form in the first place anyway, but if so where does the imaginary money disappear to? It's perceived value rather than hard cash. Like my diesel car at the moment is probably worth about £7000 - but if the government legislates against it because its a pollutant then it will drop in value and therefore I'll 'lose' money. That's how I thought it worked anyway. Quote
Traf Posted December 11, 2017 Posted December 11, 2017 It's perceived value rather than hard cash. Like my diesel car at the moment is probably worth about £7000 - but if the government legislates against it because its a pollutant then it will drop in value and therefore I'll 'lose' money. That's how I thought it worked anyway. Yes, it's always been perceived value to me. Like Eddie Davies' £170m he "lost" in the Wanderers. If Eddie had the nous to make the original loans in Bitcoin, we'd now be the richest club in the world. Quote
miamiwhite Posted December 11, 2017 Posted December 11, 2017 some folk are going too lose a lot of fucking money, if thats the case. Some are saying it's actually going to explode again.... I'm steering clear of bitcoin. I've jinxed it now,....it'll probably do a 1000% in the next month haha.. Quote
White on Tyne Posted December 11, 2017 Posted December 11, 2017 I'm looking forward more to my chocolate coins in my Christmas stocking. Quote
Youri McAnespie Posted December 11, 2017 Posted December 11, 2017 Bitcoin is actually the first stage of Project Mayhem, itk. Buy high, sell low, don't eat your dinner. Quote
Escobarp Posted December 12, 2017 Posted December 12, 2017 Yeah my boss was in last week for 800 was 1700 at 1130 today and 2400 by 230 mental absolutely mental Cashed out his initial 800 Quote
gonzo Posted December 12, 2017 Posted December 12, 2017 I'm always puzzled when a large amount of people lose money in any type of financial crash as to where the lost money actually goes? Take the money 'lost' in the crash of 2007/8 for example, I'm sure it didn't get blasted into space or burnt on a big bonfire. Is it because most money doesn't actually exist in any tangible form in the first place anyway, but if so where does the imaginary money disappear to? In the same thought process I often thought during that time why we couldn't just print more money. Quote
tkonion Posted December 12, 2017 Posted December 12, 2017 In the same thought process I often thought during that time why we couldn't just print more money. As most money doesn't actually exist I was thinking we could just imagine more rather than print it. ???? Quote
Smiley Posted December 12, 2017 Posted December 12, 2017 XRP is the next big one. Don't miss the boat folks!!!! Heard it on the jungle drums! Quote
Casino Posted December 12, 2017 Posted December 12, 2017 In the same thought process I often thought during that time why we couldn't just print more money. welcome to wanderersways, mr corbyn Quote
Adlington White Posted December 12, 2017 Posted December 12, 2017 Got bitcoin but also raiblocks (xrb)... £1.12 this morning and was at £1.30 by 5pm, crazy Quote
Spider Posted December 13, 2017 Posted December 13, 2017 Where can you spend it? My gas bill is quite high but BG didn’t seem interested in my picture of a bitcoin as payment Quote
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