Cryptocurrencies

[Goat]

The recent prices clearly give you cause for concern and I can understand that but I’ve been reading about exponential behaviour and this is in keeping with that.

Dont cause me any concern Kev, ive got nothing invested in it.

I suppose thats why I can look at it with a clear head.

 

[Kev The Rat]

Dont cause me any concern Kev, ive got nothing invested in it.

I suppose thats why I can look at it with a clear head.

Not concern, but make you think that it’s unsustainable

 

[chrismpw]

Half that for the babysitter, so if we're having any fun--which we're not--easily over the £100 mark

The world has lost its head!

 

[Bruce Wayne]

The recent prices clearly give you cause for concern and I can understand that but I’ve been reading about exponential behaviour and this is in keeping with that.

What's exponential behaviour?

 

[Kev The Rat]

 

[Ron Swanson]

Do you ever buy shares when they are high - no bitcoin are 13 grand a coin - the only way is down in the future !

Had you bought a bitcoin when you posted (at around £12.3k), you couldv'e sold it today for over £15k. Even a hundred quid would've seen a nice wee bump.

High risk, yes, but there are still real gains to be made in real money.

 

[Joey66]

Had you bought a bitcoin when you posted (at around £12.3k), you couldv'e sold it today for over £15k. Even a hundred quid would've seen a nice wee bump.

High risk, yes, but there are still real gains to be made in real money.

Watch fridays DP BBC 2 the author of the original book on bitcoin and cryptocurrencies is on - interesting from both points of view!

 

[Woolly Blue]

Had you bought a bitcoin when you posted (at around £12.3k), you couldv'e sold it today for over £15k. Even a hundred quid would've seen a nice wee bump.

High risk, yes, but there are still real gains to be made in real money.

This is a fair point.

When private investors buy shares in companies, they often want to find a bargain and avoid companies which have been doing well and are at, or near, all time highs because "they're too expensive", but quality tends to lead to more quality.

Plainly the argument falls down a bit with BitCoin because, apart from the old adage about something being worth what people are prepared to pay for it, it's hard to quantify what it's worth today, never mind what it'll be worth in a week / month / year /decade, so, as long as people understand the risk, then go for it.

For the record, I still hope it crashes and Kev loses a paper fortune though. In a perverse way, that would give me pleasure.

 

[Efcjake]

This is a fair point.

When private investors buy shares in companies, they often want to find a bargain and avoid companies which have been doing well and are at, or near, all time highs because "they're too expensive", but quality tends to lead to more quality.

Plainly the argument falls down a bit with BitCoin because, apart from the old adage about something being worth what people are prepared to pay for it, it's hard to quantify what it's worth today, never mind what it'll be worth in a week / month / year /decade, so, as long as people understand the risk, then go for it.

For the record, I still hope it crashes and Kev loses a paper fortune though. In a perverse way, that would give me pleasure.

Woollo has come out and SAID IT.

 

[mezzrow]

A New York man has been arrested after he reportedly made over a million dollars selling Chuck E. Cheese tokens as Bitcoins on the streets.

https://www.huzlers.com/bitcoin-sca...on-selling-chuck-e-cheese-tokens-as-bitcoins/

 

[SerenityNigh]

A New York man has been arrested after he reportedly made over a million dollars selling Chuck E. Cheese tokens as Bitcoins on the streets.

https://www.huzlers.com/bitcoin-sca...on-selling-chuck-e-cheese-tokens-as-bitcoins/

That's a badass hustler, nothing wrong with that.

 

[abelard]

The end game (as envisioned by r/Bitcoin)

I am a time-traveler from the future, here to beg you to stop what you are doing

 

[mezzrow]

The end game (as envisioned by r/Bitcoin)

I am a time-traveler from the future, here to beg you to stop what you are doing

 

[SerenityNigh]

The end game (as envisioned by r/Bitcoin)

I am a time-traveler from the future, here to beg you to stop what you are doing

 

[SerenityNigh]

The end game (as envisioned by r/Bitcoin)

I am a time-traveler from the future, here to beg you to stop what you are doing

Seriously though, this is not very interesting. All good science fiction is a morality play, but it needs you to suspend disbelief for at least a moment, so you can get caught up in the story.

1/10, would read again