dannyf Posted January 12, 2021 Share Posted January 12, 2021 1 minute ago, Warlord said: I didn't think they were worth 30 bucks never mind 30 grand and stand by that. The market disagrees with you Quote Link to comment Share on other sites More sharing options...
scottbeard Posted January 12, 2021 Share Posted January 12, 2021 1 minute ago, Warlord said: You will lose it all Scott . I only own 1 Bitcoin. It doesn't matter if I did lose it. That's the whole point - I wouldn't invest money in Bitcoin I was worried about losing. Quote Link to comment Share on other sites More sharing options...
Frugal Git Posted January 12, 2021 Share Posted January 12, 2021 Just now, Peter Hun said: As I said, I've got another 6ETH locked in a hardware wallet that I cannot access. I don't want any skin in the crypto currency game, my job entails it to the extent that its too much risk to have my saving/pension in it as well. It sounds a bit useless if you can’t access it 🤷🏻♀️ Quote Link to comment Share on other sites More sharing options...
scottbeard Posted January 12, 2021 Share Posted January 12, 2021 3 minutes ago, Warlord said: I didn't think they were worth 30 bucks never mind 30 grand and stand by that. But that's factually incorrect - they ARE worth $30,000 as we sit here today. That's like standing in the pouring rain, with water dripping down your cheeks, saying "I didn't think it was going to rain today, and I stand by that." Now - whether they are a good thing to BUY at $30,000 - well that's a different question. But today's market price is a matter of fact. Quote Link to comment Share on other sites More sharing options...
Peter Hun Posted January 12, 2021 Share Posted January 12, 2021 2 minutes ago, Frugal Git said: 1.2360 eth, sold for the price of a medium spec gaming PC. who is that desperate for cash on here to p1ss about like this? What a moronic thing to say. I don't invest in cryptocurrency's. Because I'm not stupid. 5 minutes ago, Frugal Git said: I’ve probably 20% of a decent net worth now in dividend payers, and maybe 40% in growth stocks. And another 10% ish in PMs. I’d guess that *many* of us who hold crypto also have a reasonably diversified net worth. Your stunning insight above is not news to us 🙄 Maybe not you, but some people .. Quote Link to comment Share on other sites More sharing options...
Warlord Posted January 12, 2021 Share Posted January 12, 2021 Just now, scottbeard said: But that's factually incorrect - they ARE worth $30,000 as we sit here today. That's like standing in the pouring rain, with water dripping down your cheeks, saying "I didn't think it was going to rain today, and I stand by that." Now - whether they are a good thing to BUY at $30,000 - well that's a different question. But today's market price is a matter of fact. It is in a mania / bubble. The true value is closer to $2. Those who know their history or were around before even SILK ROAD made it famous would understand. YOU are caught up in the hype like everyone else Quote Link to comment Share on other sites More sharing options...
Peter Hun Posted January 12, 2021 Share Posted January 12, 2021 3 minutes ago, Frugal Git said: It sounds a bit useless if you can’t access it 🤷🏻♀️ That's Cryptocurrencies for you. Buy a super secure hardware wallet and they change the software to access it and lock you out. This is seriously presented as the future of money.. lol. Quote Link to comment Share on other sites More sharing options...
Frugal Git Posted January 12, 2021 Share Posted January 12, 2021 1 minute ago, Peter Hun said: What a moronic thing to say. I don't invest in cryptocurrency's. Because I'm not stupid. And all I’m saying is messing about buying and selling a bit of eth for a few quid sounds a bit pointless to me, but fair play if you enjoy it. It’s pretty close to pure gambling. I’d rather just back and lay on F1 qualifying or correct score on Betfair for such entertainment but each to their own. Quote Link to comment Share on other sites More sharing options...
doomed Posted January 12, 2021 Share Posted January 12, 2021 (edited) The salt in this thread is what keeps bringing me back. People are funny. Edited January 12, 2021 by doomed Quote Link to comment Share on other sites More sharing options...
Frugal Git Posted January 12, 2021 Share Posted January 12, 2021 2 minutes ago, Peter Hun said: That's Cryptocurrencies for you. Buy a super secure hardware wallet and they change the software to access it and lock you out. This is seriously presented as the future of money.. lol. Which wallet? Quote Link to comment Share on other sites More sharing options...
Warlord Posted January 12, 2021 Share Posted January 12, 2021 2 minutes ago, Peter Hun said: This is seriously presented as the future of money.. lol. That was the original idea. And everyone was super excited about its potential as a medium of exchange in 2010 It never materialised Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted January 12, 2021 Share Posted January 12, 2021 13 minutes ago, Frugal Git said: 1.2360 eth, sold for the price of a medium spec gaming PC. who is that desperate for cash on here to p1ss about like this? Dunno. I would've HODLed but everyone has different needs. Quote Link to comment Share on other sites More sharing options...
goldbug9999 Posted January 12, 2021 Share Posted January 12, 2021 9 minutes ago, Peter Hun said: What a moronic thing to say. I don't invest in cryptocurrency's. Because I'm not stupid. Any chance of pissing off to a thread where youve got something useful to say then ? Quote Link to comment Share on other sites More sharing options...
Buffer Bear Posted January 12, 2021 Share Posted January 12, 2021 16 minutes ago, scottbeard said: You keep posting this, and yet no-one who has in actually invested in Bitcoin on this forum has in fact lost any money. Everyone is entering it with their eyes wide open about the volatility of Bitcoin. No-one who is concerned about Bitcoin crashing from 40k to 30k should be buying Bitcoin in the first place - and no-one here is concerned. Plain and simple to understand I would have thought. 10 minutes ago, Frugal Git said: 1.2360 eth, sold for the p😄rice of a medium spec gaming PC. who is that desperate for cash on here to p1ss about like this? 🤣 10 minutes ago, Peter Hun said: As I said, I've got another 6ETH locked in a hardware wallet that I cannot access. I don't want any skin in the crypto currency game, my job entails it to the extent that its too much risk to have my saving/pension in it as well. Pin money. Quote Link to comment Share on other sites More sharing options...
goldbug9999 Posted January 12, 2021 Share Posted January 12, 2021 (edited) 39 minutes ago, Warlord said: After that media took an interest and others started bidding it up to the crazy levels Its a floating sound money, of course its going to get bid up rather than printed to oblivion, thats the whole point. Back in 2014 in this thread I projected an eventual price range for bitcoin of £20,000 to £30,000. Everyone knew back then that it had to get bid up massively to succeed ... apart from you apparently. Edited January 12, 2021 by goldbug9999 Quote Link to comment Share on other sites More sharing options...
Buffer Bear Posted January 12, 2021 Share Posted January 12, 2021 2 minutes ago, goldbug9999 said: Any chance of pissing off to a thread where youve got something useful to say then ? 😂😂 had a good few laughs tonight. Quote Link to comment Share on other sites More sharing options...
Frugal Git Posted January 12, 2021 Share Posted January 12, 2021 1 minute ago, MonsieurCopperCrutch said: Dunno. I would've HODLed but everyone has different needs. I guess if you’re a genius trader, then crypto is a very very decent place to be. But with those sort of stakes you’re not going to get rich. If it’s some sort of form of practice, fun, a second income stream or they are trading a lot then I guess fair enough. Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted January 12, 2021 Share Posted January 12, 2021 12 minutes ago, Peter Hun said: That's Cryptocurrencies for you. Buy a super secure hardware wallet and they change the software to access it and lock you out. This is seriously presented as the future of money.. lol. And I remember the early internet was not very user friendly or easy. That's why it's still early doors in crypto. Quote Link to comment Share on other sites More sharing options...
goldbug9999 Posted January 12, 2021 Share Posted January 12, 2021 (edited) 2 minutes ago, Frugal Git said: I guess if you’re a genius trader, then crypto is a very very decent place to be. But with those sort of stakes you’re not going to get rich. If it’s some sort of form of practice, fun, a second income stream or they are trading a lot then I guess fair enough. Trading bitcoin and crypto is like picking up pennies in front of the steamroller. Hoddling bitcoin is like driving the steamroller. Edited January 12, 2021 by goldbug9999 Quote Link to comment Share on other sites More sharing options...
goldbug9999 Posted January 12, 2021 Share Posted January 12, 2021 17 minutes ago, Warlord said: It is in a mania / bubble. The true value is closer to $2. Those who know their history or were around before even SILK ROAD made it famous would understand. YOU are caught up in the hype like everyone else Nurse ... Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted January 12, 2021 Share Posted January 12, 2021 4 minutes ago, Buffer Bear said: 😂😂 had a good few laughs tonight. Now you see where the stay salty nocoiner phrases comes from? 😂 Quote Link to comment Share on other sites More sharing options...
Warlord Posted January 12, 2021 Share Posted January 12, 2021 (edited) 8 minutes ago, goldbug9999 said: Its a floating sound money, of course its going to get bid up rather than printed to oblivion, thats the whole point. It's not sound though and the original purpose of it goldbug has gone out of the window. The idea was we would all be buying cr*p in BTC instead of £ or $ THIS WAS STILL THE HOPE IN 2012 when I bailed. The only place that used it as a medium of exchange were the drug dealers on SIlk Road and its "genius" creator Ulbrict who got tracked down and arrested. No one pays for stuff in BTC. Well, maybe some do and there are legit uses but its very, very small and niche stuff or a novelty . Somewhere along the way speculators bought them up and it went parabolic which brings us to the present . Wall street pumpers and dumpers are now in the market which i flagged up in previous posts. It is nothing but a speculative instrument, up 30% down 30% wild swings. This is not a serious investment and should nor be seen as one. I wish you luck if you invest.. I Don't want ANYONE to lose their shirt.. but seriously, you need to listen to me and not the RAMPERS> Edited January 12, 2021 by Warlord Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted January 12, 2021 Share Posted January 12, 2021 4 minutes ago, Frugal Git said: I guess if you’re a genius trader, then crypto is a very very decent place to be. But with those sort of stakes you’re not going to get rich. If it’s some sort of form of practice, fun, a second income stream or they are trading a lot then I guess fair enough. Looks more like the wallet of someone curiously buying crypto to try out and see if they are comfortable with it or not. Quote Link to comment Share on other sites More sharing options...
Frugal Git Posted January 12, 2021 Share Posted January 12, 2021 1 minute ago, goldbug9999 said: Trading bitcoin and crypto is like picking up pennes in front of the steamroller. Hoddling bitcoin is like driving the steamroller. Completely concur. A great way to lose money fast. I stopped any form of short term trading years ago. It’s a stress I can well do without. Like I said, better to get those thrills staking a tenner on a 0:0, and laying it if there’s no goals after 22 mins or some such nonsense to make a match more interesting. Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted January 12, 2021 Share Posted January 12, 2021 Just now, Warlord said: It's not sound though and the original purpose of it goldbug has gone out of the window. The idea was we would all be being cr*p in BTC instead of £ or $ THIS WAS STILL THE HOPE IN 2012 when I bailed. The only place that used it as a medium of exchange were the drug dealers on SIlk Road and its "genius" creator Ulbrict who got tracked down and arrested. No one pays for stuff in BTC. Well, maybe some do and there are legit uses but its very, very small and niche stuff or a novelty . Somewhere along the way speculators bought them up and it went parabolic which brings us to the present . Wall street pumpers and dumpers are now in the market which i flagged up in previous posts. It is nothing but a speculative instrument, up 30% down 30% wild swings. This is not a serious investment and should nor be seen as one. I wish you luck if you invest.. I Don't want ANYONE to lose their shirt.. but seriously, you need to listen to me and not the RAMPERS> Warlord please do not forget to breath between rants. Getting concerned for your blood pressure and heart rate. Just telling you as you are a good mate looking out for my financial wellbeing. Quote Link to comment Share on other sites More sharing options...
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