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House Price Crash Forum

dannyf

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Everything posted by dannyf

  1. Interesting. I almost did this as well the other day but didn’t go through with it yet after seeing the lido integration in ledger live
  2. I don't think self-custody is a good idea for a majority of people. It scares me to death to be honest. I see a place for banks/financial institutions to hold bitcoin for clients, insured and with full transparency of what they are actually holding via cryptographic proof (i.e. proof they are not lending out all the bitcoin). And then being able to spend that bitcoin with a phone app or debit/credit card.
  3. Just out of curiosity, and not for gloating or anything, does anyone recall what price jiltedjen sold at?
  4. Ah I missed your additional windfall and investment. Interesting (and maybe a little lucky timing) Well done
  5. You have $795k in hex now? Doesn’t that massively outweigh your bitcoin now? Didn’t you plan to sell half when it would cover your mortgage?
  6. Not just crypto. I find the average person in the UK to be pretty financially illiterate whether it’s about tax free ISAs, stocks, or pretty much anything other than “house prices always go up”.
  7. Netflix’s increasing energy use seems to be a real problem not FUD. If you don't agree, can you provide a link to a credible rebuttal.
  8. I get your point and that’s definitely a big part of it. But there are also those who understand it, aren’t jealous, and simply do not see any value to it so do see it as a big waste of energy. They don’t see any value in it because they see nothing wrong with the current fiat system. I think you have to take issue with the current fiat system to be driven to things like gold or bitcoin. Most people earning good money under a fiat system aren’t really going to see any need for something else. Personally I’m on decent money but London house prices and the government response in 2008 with QE drove me “down the rabbit hole”
  9. I have also found very intelligent technically minded people (in software development) vehemently against bitcoin. This is relevant I think: https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin Essentially it says that to be a believer in bitcoin, in spite of intelligence/technical understanding, you really need to be distrusting of, or to have lost out to the current financial system (something that should be familiar to people who found themselves on a HPC forum...)
  10. Don’t let facts get in the way of his nonsense. He doesnt 😂
  11. Fundamentals and common sense say bitcoin is a better store for your savings than fiat. Gold is too, but bitcoin has numerous advantages over gold as well. Sell your fiat now while you have chance. It’s crashing to zero. Look at any chart and you can see it falling constantly
  12. Care to put a timeline on it even going back to less than $4k, roughly the last low? Then we have a date when we can definitively say whether you and your contacts were wrong?
  13. Even if it went to zero none of us advocating not putting in more than you can afford to lose, and particularly those who bought back in 2014 and before, would be facing wipeout. You are talking nonsense You should be embarrassed to admit how wrong you’ve been rather than boasting about it
  14. But he’s been saying it’s a bubble and going to zero since it was <$1000. Meanwhile my gold has gone up marginally whilst my bitcoin has helped grow my net worth by 7x. Why should I start listening to him now?
  15. He’ll tell you next week, by hindsight trading a stock that randomly went up. Best way to make money. Never fails
  16. I've just bought more bitcoin and put it in a new separate "@Warlord wallet" 🤑 Please tell your contacts thanks for the buying opportunity
  17. And you know better than all those before you in the bitcoin obituaries, right? Sorry if I take your opinion with a pinch of salt
  18. Debunked every time you say it but you always ignore the replies
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