Howmanheyman 26909 Posted July 14, 2023 Share Posted July 14, 2023 "How's the 'South Sea bubble', did you say?" 2 Link to comment Share on other sites More sharing options...
Dr Gloom 19834 Posted July 14, 2023 Share Posted July 14, 2023 16 minutes ago, Christmas Tree said: Morning Dr G. Was just having a read through here and wondered if your view had change and for that matter, the view of those around you, given the likes of the CEO of Blackrock calling Crypto digitalised Gold and that "Bitcoin has the power to revolutionalise Finance". Add to that The likes of the major players like Blackrock and fidelity etc all applying for Bitcoin ETF's. no. My view hasn’t changed. The big asset managers like crypto because they like the volatility. They need the dumb money to keep wading in. They can afford to take risky bets. It’s the small retail investors who end up fuelling these cycles, giving the big players what they want before ultimately losing out. fwiw, I think blockchain technology is here to stay so Crypto already has revolutionised finance but that doesn’t change the fact it’s still a massive ponzi scheme 1 Link to comment Share on other sites More sharing options...
Christmas Tree 3997 Posted July 14, 2023 Share Posted July 14, 2023 20 minutes ago, Dr Gloom said: no. My view hasn’t changed. The big asset managers like crypto because they like the volatility. They need the dumb money to keep wading in. They can afford to take risky bets. It’s the small retail investors who end up fuelling these cycles, giving the big players what they want before ultimately losing out. fwiw, I think blockchain technology is here to stay so Crypto already has revolutionised finance but that doesn’t change the fact it’s still a massive ponzi scheme Cheers for that. I was just interested given all these fairly sensible huge corporations are now lining up to get involved whether it was more a case of wanting there share or realising that blockchain is here to stay and they need to get more involved. Link to comment Share on other sites More sharing options...
Christmas Tree 3997 Posted July 17, 2023 Share Posted July 17, 2023 Not a bad week. Link to comment Share on other sites More sharing options...
RobinRobin 9239 Posted July 17, 2023 Share Posted July 17, 2023 2 hours ago, Christmas Tree said: Not a bad week. Strawb needs a donation 👍 1 2 Link to comment Share on other sites More sharing options...
Howmanheyman 26909 Posted July 17, 2023 Share Posted July 17, 2023 2 hours ago, Christmas Tree said: Not a bad week. This is the same as people posting those wordle things last year. Don't understand it, couldn't give a fuck either. 3 Link to comment Share on other sites More sharing options...
Christmas Tree 3997 Posted July 17, 2023 Share Posted July 17, 2023 12 minutes ago, Howmanheyman said: This is the same as people posting those wordle things last year. Don't understand it, couldn't give a fuck either. Cheers for reminding me, I forgot to let the lads in the guitar thread know I can’t read music but don’t give a fuck anyway. 2 Link to comment Share on other sites More sharing options...
Gemmill 34563 Posted July 17, 2023 Share Posted July 17, 2023 3 hours ago, Christmas Tree said: Not a bad week. Fabrizio Romano has tweeted that discussions are taking place over PM about a possible deal. No firm agreement in place yet. Link to comment Share on other sites More sharing options...
Christmas Tree 3997 Posted July 19, 2023 Share Posted July 19, 2023 Love the smell of money in the morning CB Trading & Investment Group Reviews | Read Customer Service Reviews of cbtrading.io (trustpilot.com) Link to comment Share on other sites More sharing options...
Toonpack 6867 Posted July 19, 2023 Share Posted July 19, 2023 (edited) 16 minutes ago, Christmas Tree said: Love the smell of money in the morning CB Trading & Investment Group Reviews | Read Customer Service Reviews of cbtrading.io (trustpilot.com) So when you make 64.78% on a trade, do you withdraw real money or is it just a number in a computer ?? All well and good if you can realise the readies. Edited July 19, 2023 by Toonpack Link to comment Share on other sites More sharing options...
Kevin Carr's Gloves 3206 Posted July 19, 2023 Share Posted July 19, 2023 37 minutes ago, Christmas Tree said: Love the smell of money in the morning CB Trading & Investment Group Reviews | Read Customer Service Reviews of cbtrading.io (trustpilot.com) How ar you paying your tax? Link to comment Share on other sites More sharing options...
ewerk 26433 Posted July 19, 2023 Share Posted July 19, 2023 He's a taxi driver. 4 Link to comment Share on other sites More sharing options...
Christmas Tree 3997 Posted July 19, 2023 Share Posted July 19, 2023 16 minutes ago, Toonpack said: So when you make 64.78% on a trade, do you withdraw real money or is it just a number in a computer ?? All well and good if you can realise the readies. You do whatever you want. It goes into your account on the exchange and if you want to with draw to your Bank account you just do that. As we are just over halfway through the bear to bull market cycle, most people choose to buy the coins they think are going to 10x 50x or 100x and transfer those offline. You can still skim profits of these coins as they are going up (I skimmed £377 off one called KAS last night) and then either send that cash to your bank or use it to buy more of that coin when the price pulls back. Rinse and repeat. Obviously its a lot easier when you are being lead, taught and advised (by people who know this stuff inside out), which coins are likely to make you money and which ones to avoid. Link to comment Share on other sites More sharing options...
Christmas Tree 3997 Posted July 19, 2023 Share Posted July 19, 2023 3 minutes ago, Kevin Carr's Gloves said: How ar you paying your tax? When Im lucky enough to earn over 6K then you have to pay 20% capital gains. Most exchanges (Like Etsy) have KYC checks so the government already know what you've made. No escaping it. Link to comment Share on other sites More sharing options...
Kevin Carr's Gloves 3206 Posted July 19, 2023 Share Posted July 19, 2023 35 minutes ago, Christmas Tree said: When Im lucky enough to earn over 6K then you have to pay 20% capital gains. Most exchanges (Like Etsy) have KYC checks so the government already know what you've made. No escaping it. 2k Link to comment Share on other sites More sharing options...
Kevin Carr's Gloves 3206 Posted July 19, 2023 Share Posted July 19, 2023 1 minute ago, Kevin Carr's Gloves said: 2k Ignore that Link to comment Share on other sites More sharing options...
trophyshy 6434 Posted October 24, 2023 Share Posted October 24, 2023 Up 13% in 24 hours. That is an astonishing amount of money pouring in. Link to comment Share on other sites More sharing options...
spongebob toonpants 3604 Posted October 24, 2023 Share Posted October 24, 2023 (edited) 4 minutes ago, trophyshy said: Up 13% in 24 hours. That is an astonishing amount of money pouring in. It was coming. Blackrock and other Wall Street horrors about to start pumping https://archive.ph/SRM3C Edited October 24, 2023 by spongebob toonpants Link to comment Share on other sites More sharing options...
trophyshy 6434 Posted October 24, 2023 Share Posted October 24, 2023 Yeah, exciting times. I told a mate to get some on Friday, I bet he didn't. It is still cheap, but everyone will get it at the price they deserve. Although it is a volatile (if kinda predictably) asset, to me the real risk is in not having any. That link just gives me a perpetual captcha btw. Link to comment Share on other sites More sharing options...
Ginolaandtonic 169 Posted October 24, 2023 Share Posted October 24, 2023 I bought 2 bitcoins. The first one cost £250 (this was in 2014). I put it into a “secure” online wallet and forgot about it for a couple of years. Then I saw that prices were creeping up so I bought another one for £4000 (2017). Then I kept looking at my balance on my crypto wallet and got bored and decided to “invest” one of my bitcoins on bitconnect. A poor move as they eventually collapsed and took all the money with them. Fortunately I’d got most of my £4k back but I’d missed out on it rising up to £12-13k. Then I sold the first one and drove to Andorra and bought a Rolex for me and the Mrs. So I have a Rolex Explorer (under the radar kind of watch) that cost me £125 🚀 2 Link to comment Share on other sites More sharing options...
Christmas Tree 3997 Posted October 24, 2023 Share Posted October 24, 2023 32 minutes ago, trophyshy said: Up 13% in 24 hours. That is an astonishing amount of money pouring in. Possibly the start of the Bull Run Link to comment Share on other sites More sharing options...
Rayvin 4964 Posted October 24, 2023 Share Posted October 24, 2023 Yeah my portfolio just shot up too. We'll see I guess but the timing is about right considering what lies ahead. Link to comment Share on other sites More sharing options...
trophyshy 6434 Posted October 24, 2023 Share Posted October 24, 2023 Worth 6 minutes if you are still a disbeliever https://pomp.substack.com/p/millions-finally-realize-bitcoin?utm_source=podcast-email%2Csubstack&publication_id=1383&post_id=138245674&utm_campaign=email-play-on-substack&utm_medium=email&r=3pfv8#details Link to comment Share on other sites More sharing options...
trophyshy 6434 Posted October 24, 2023 Share Posted October 24, 2023 and this https://twitter.com/stackhodler/status/1716752338319221207?s=20 1 Link to comment Share on other sites More sharing options...
Ginolaandtonic 169 Posted October 25, 2023 Share Posted October 25, 2023 The trouble with bitcoin is that as yet it doesn’t “feel” valuable in its own right (although that may well be changing). It only made sense to me as its equivalent value in fiat currency. And as that rose the fear of losing “actual” fiat value (I know, lol) it became harder to see a reason to keep it. Also because the exchanges occasionally get hacked (although I haven’t heard of one for a while) there’s always that feeling that you could just lose it all. Thinking out loud, the smartest thing for me to do would be to buy 0.1 bitcoin and forget about it. Link to comment Share on other sites More sharing options...
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