Cryptocurrencies

[Woolly Blue]

Not a single login?

i understand the words, and I even understand the sentence, but I'm plainly being thick and am lost as to your meaning mate !

In terms of an asset liquidating property is extremely hard and cumbersome - most of my net worth is tied up in housing

I grant you it's harder than selling stocks or currency at the press of a button, but, if you're renting out property, and decide to cash in, all you have to do is wait for your tenant to move out and stick the house on the market and, providing you don't set a stupid asking price, you should have it sold in six to eight weeks

 

[.....!]

Not heard of too many remortgaging houses to fund this? Compare it to the leverage in housing for example, far more extreme.

My exposure in crypto now is at around 30% of net worth and I’d be comfortable with a higher amount going into 2018. Considered redirecting some into gold and silver but these seem wholly out of favour at present.

Copper is where it's at. Gold and Silver are meh at present.

 

[Joey66]

Copper is where it's at. Gold and Silver are meh at present.

IS gold doing bad?
Got 2 ounch of 15k to scrap?

 

[Azzurri]

My exposure in crypto now is at around 30% of net worth and I’d be comfortable with a higher amount going into 2018. Considered redirecting some into gold and silver but these seem wholly out of favour at present.

In terms of an asset liquidating property is extremely hard and cumbersome - most of my net worth is tied up in housing and its money I’ll never see.

I've never heard someone talk about their own net worth before except on TV. Not sure what to make of all this.

 

[larrygobfiend]

I've never heard someone talk about their own net worth before except on TV. Not sure what to make of all this.

@Kev The Rat is flying high, mate. All us mere mortals can do is admire from afar.

 

[orly]

I've never heard someone talk about their own net worth before except on TV. Not sure what to make of all this.

It really is ace

 

[larrygobfiend]

What are your big Crypto predictions for the new year @Kev The Rat? I'm looking at dipping my toe.

 

[COYBL25]

@Kev The Rat is flying high, mate. All us mere mortals can do is admire from afar.

I don`t know why, but I`ve got a mental picture of Hugh Hefner, surrounded by his Bunny Girls, but instead of a mansion, they`re in a new build Redrow on the Johns Estate in Huyton.

 

[Goat]

Bitcoin is losing its luster with some of its earliest and most avid fans -- criminals -- giving rise to a new breed of virtual currency.


Privacy coins such as monero, designed to avoid tracking, have climbed faster over the past two months as law enforcers adopt software tools to monitor people using bitcoin. A slew of analytic firms such as Chainalysis are getting better at flagging digital hoards linked to crime or money laundering, alerting exchanges and preventing conversion into traditional cash.


The European Union’s law-enforcement agency, Europol, raised alarms three months ago, writing in a report that “other cryptocurrencies such as monero, ethereum and Zcash are gaining popularity within the digital underground.” Online extortionists, who use ransomware to lock victims’ computers until they fork over a payment, have begun demanding those currencies instead. On Dec. 18 hackers attacked up to 190,000 WordPress sites per hour to get them to produce monero, according to security company Wordfence.


For ransomware attacks, monero is now “one of the favorites, if not the favorite,” Matt Suiche, founder of Dubai-based security firm Comae Technologies, said in a phone interview.


Its no longer your thinking Nonces go to currency.

 

[larrygobfiend]

I don`t know why, but I`ve got a mental picture of Hugh Hefner, surrounded by his Bunny Girls, but instead of a mansion, they`re in a new build Redrow on the Johns Estate in Huyton.

He won't be slumming it in a Redrow for long, not with his portfolio.

 

[larrygobfiend]

Bitcoin is losing its luster with some of its earliest and most avid fans -- criminals -- giving rise to a new breed of virtual currency.


Privacy coins such as monero, designed to avoid tracking, have climbed faster over the past two months as law enforcers adopt software tools to monitor people using bitcoin. A slew of analytic firms such as Chainalysis are getting better at flagging digital hoards linked to crime or money laundering, alerting exchanges and preventing conversion into traditional cash.


The European Union’s law-enforcement agency, Europol, raised alarms three months ago, writing in a report that “other cryptocurrencies such as monero, ethereum and Zcash are gaining popularity within the digital underground.” Online extortionists, who use ransomware to lock victims’ computers until they fork over a payment, have begun demanding those currencies instead. On Dec. 18 hackers attacked up to 190,000 WordPress sites per hour to get them to produce monero, according to security company Wordfence.


For ransomware attacks, monero is now “one of the favorites, if not the favorite,” Matt Suiche, founder of Dubai-based security firm Comae Technologies, said in a phone interview.


Its no longer your thinking Nonces go to currency.

I'm sure @Kev The Rat has noted this and has diversified his portfolio accordingly. It's not his first rodeo.

 

[COYBL25]

He won't be slumming it in a Redrow for long, not with his portfolio.

Executive detached Wimpy, double garage, front and back garden, from the Heritage range ??????

 

[larrygobfiend]

Executive detached Wimpy, double garage, front and back garden, from the Heritage range ??????

Now you're talking!!!


He'll also be making the switch from Aldi to Sainsbury's.

 

[.....!]

IS gold doing bad?
Got 2 ounch of 15k to scrap?

Compared to when the big gold rush of 2016/17 the prices are comparatively low at present.

 

[Efcjake]

It really is ace

I love this thread.

I see Bitcoin failed to solve World Poverty in 2017. I have high hopes that 2018 is the year.

Let's all buy Bitcoin and make poverty history!