Got Bitcoin(s)? Might be time to sell soon ...
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Bitcoin heading for worst yearly start since at least 2012[^]
Quote:
Cryptocurrencies are likely to remain under pressure as the Fed reduces its liquidity injections,” said Jay Hatfield, chief executive of Infrastructure Capital Advisors. “Bitcoin could end 2022 below $20,000.
Currently, it's at just under $40,000 - but if lots of you sell, it'll plummet. If you don't, you could lose a packet. If few of you sell, it might be stable or even recover. Decisions, decisions ... I'm not gloating, I'm just glad I have never been tempted to "invest" in crypto. Do you have any? Or do you think it's just another pyramid / Ponzi scheme at heart?
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt AntiTwitter: @DalekDave is now a follower!
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
"Common sense is so rare these days, it should be classified as a super power" - Random T-shirt -
Bitcoin heading for worst yearly start since at least 2012[^]
Quote:
Cryptocurrencies are likely to remain under pressure as the Fed reduces its liquidity injections,” said Jay Hatfield, chief executive of Infrastructure Capital Advisors. “Bitcoin could end 2022 below $20,000.
Currently, it's at just under $40,000 - but if lots of you sell, it'll plummet. If you don't, you could lose a packet. If few of you sell, it might be stable or even recover. Decisions, decisions ... I'm not gloating, I'm just glad I have never been tempted to "invest" in crypto. Do you have any? Or do you think it's just another pyramid / Ponzi scheme at heart?
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt AntiTwitter: @DalekDave is now a follower!
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You don't have any BCoins? Really? Youre just asking for a "friend" - right? We understand! :laugh: :laugh: :laugh:
Get me coffee and no one gets hurt!
Genuinely I have no cryptocurrency of any form, and neither does Herself. Just not a natural gambler, I guess.
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt AntiTwitter: @DalekDave is now a follower!
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Genuinely I have no cryptocurrency of any form, and neither does Herself. Just not a natural gambler, I guess.
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt AntiTwitter: @DalekDave is now a follower!
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Bitcoin heading for worst yearly start since at least 2012[^]
Quote:
Cryptocurrencies are likely to remain under pressure as the Fed reduces its liquidity injections,” said Jay Hatfield, chief executive of Infrastructure Capital Advisors. “Bitcoin could end 2022 below $20,000.
Currently, it's at just under $40,000 - but if lots of you sell, it'll plummet. If you don't, you could lose a packet. If few of you sell, it might be stable or even recover. Decisions, decisions ... I'm not gloating, I'm just glad I have never been tempted to "invest" in crypto. Do you have any? Or do you think it's just another pyramid / Ponzi scheme at heart?
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt AntiTwitter: @DalekDave is now a follower!
Yeah, I try not to "invest" in "products" where the tweet of a single billionaire can make the value plummet.
Asking questions is a skill CodeProject Forum Guidelines Google: C# How to debug code Seriously, go read these articles.
Dave Kreskowiak -
Bitcoin heading for worst yearly start since at least 2012[^]
Quote:
Cryptocurrencies are likely to remain under pressure as the Fed reduces its liquidity injections,” said Jay Hatfield, chief executive of Infrastructure Capital Advisors. “Bitcoin could end 2022 below $20,000.
Currently, it's at just under $40,000 - but if lots of you sell, it'll plummet. If you don't, you could lose a packet. If few of you sell, it might be stable or even recover. Decisions, decisions ... I'm not gloating, I'm just glad I have never been tempted to "invest" in crypto. Do you have any? Or do you think it's just another pyramid / Ponzi scheme at heart?
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt AntiTwitter: @DalekDave is now a follower!
It's about 2.5% of my portfolio. I don't think it's a pyramid or Ponzi scheme, but it's definitely speculative. Some say that it will replace gold as a store of value, and others say it will go to epsilon. I lean towards it going to epsilon but can also see it going to the moon. Well, the world's gold stock is about 200K tonnes, or about an ounce per person. There will only be 21M bitcoins, or about 1/300th of a bitcoin per person. So if I have 300 ounces of gold, I can hedge it with 1 bitcoin. :)
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The fox knows many things, but the hedgehog knows one big thing. -
Bitcoin heading for worst yearly start since at least 2012[^]
Quote:
Cryptocurrencies are likely to remain under pressure as the Fed reduces its liquidity injections,” said Jay Hatfield, chief executive of Infrastructure Capital Advisors. “Bitcoin could end 2022 below $20,000.
Currently, it's at just under $40,000 - but if lots of you sell, it'll plummet. If you don't, you could lose a packet. If few of you sell, it might be stable or even recover. Decisions, decisions ... I'm not gloating, I'm just glad I have never been tempted to "invest" in crypto. Do you have any? Or do you think it's just another pyramid / Ponzi scheme at heart?
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt AntiTwitter: @DalekDave is now a follower!
OriginalGriff wrote:
Do you have any?
Fractions of them, but forgot the password.
OriginalGriff wrote:
Or do you think it's just another pyramid / Ponzi scheme at heart?
Come on, this isn't a church. It's not, it doesn't require "more idiots" to dance. Also, inflation.
Bastard Programmer from Hell :suss: "If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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You don't have any BCoins? Really? Youre just asking for a "friend" - right? We understand! :laugh: :laugh: :laugh:
Get me coffee and no one gets hurt!
-
Bitcoin heading for worst yearly start since at least 2012[^]
Quote:
Cryptocurrencies are likely to remain under pressure as the Fed reduces its liquidity injections,” said Jay Hatfield, chief executive of Infrastructure Capital Advisors. “Bitcoin could end 2022 below $20,000.
Currently, it's at just under $40,000 - but if lots of you sell, it'll plummet. If you don't, you could lose a packet. If few of you sell, it might be stable or even recover. Decisions, decisions ... I'm not gloating, I'm just glad I have never been tempted to "invest" in crypto. Do you have any? Or do you think it's just another pyramid / Ponzi scheme at heart?
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt AntiTwitter: @DalekDave is now a follower!
OriginalGriff wrote:
Do you have any?
Nope! The closest I get to gambling is Premium Bonds. :)
OriginalGriff wrote:
do you think it's just another pyramid / Ponzi scheme at heart?
I don't think it's 'structured' like a pyramid scheme. It's much closer to Dutch Tulip Mania - when the price of Tulip bulbs vastly exceeded their intrinsic value. And then the bubble burst. :omg: P.S. Before our Dutch friends take a shot at me. I don't subscribe to the view that Tulip Mania was a country-wide and country wrecking thing. But I do think it is one of the earliest examples of a market bubble bursting.
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Bitcoin heading for worst yearly start since at least 2012[^]
Quote:
Cryptocurrencies are likely to remain under pressure as the Fed reduces its liquidity injections,” said Jay Hatfield, chief executive of Infrastructure Capital Advisors. “Bitcoin could end 2022 below $20,000.
Currently, it's at just under $40,000 - but if lots of you sell, it'll plummet. If you don't, you could lose a packet. If few of you sell, it might be stable or even recover. Decisions, decisions ... I'm not gloating, I'm just glad I have never been tempted to "invest" in crypto. Do you have any? Or do you think it's just another pyramid / Ponzi scheme at heart?
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt AntiTwitter: @DalekDave is now a follower!
OriginalGriff wrote:
o you have any? Or do you think it's just another pyramid / Ponzi scheme at heart?
This. And like all victims of Ponzi schemnes, they will defend it until the bitter end. If and only if I'll get some good info on promising upstarting coins I may try a pump and dump myself, but I'm too averse to this kind of speculation to even know the right channels.
GCS d--(d-) s-/++ a C++++ U+++ P- L+@ E-- W++ N+ o+ K- w+++ O? M-- V? PS+ PE- Y+ PGP t+ 5? X R+++ tv-- b+(+++) DI+++ D++ G e++ h--- r+++ y+++* Weapons extension: ma- k++ F+2 X
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Bitcoin heading for worst yearly start since at least 2012[^]
Quote:
Cryptocurrencies are likely to remain under pressure as the Fed reduces its liquidity injections,” said Jay Hatfield, chief executive of Infrastructure Capital Advisors. “Bitcoin could end 2022 below $20,000.
Currently, it's at just under $40,000 - but if lots of you sell, it'll plummet. If you don't, you could lose a packet. If few of you sell, it might be stable or even recover. Decisions, decisions ... I'm not gloating, I'm just glad I have never been tempted to "invest" in crypto. Do you have any? Or do you think it's just another pyramid / Ponzi scheme at heart?
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt AntiTwitter: @DalekDave is now a follower!
Just holding, in it for the long run. Bought in at 2k in 2017, so if it pops, so what! I have a number of different ones, and spread depending on if they are 'classed' as store, currency, utility or just meme, to spread risk and take a punt across the different classes. a few weeks ago when BTC was up at 60kish, I was sitting over 10x on original buyin cost. Yes, it's a rocky road, but i'll take my chances, would fully expect BTC to reach new ATH this year at some point. Need to have a diversified investment portfolio, so the usual stock/bonds/property (uk and europe, both rentals and commercial dev loans) Currently, my best performing overall asset class is property development loans in Eastern Europe approx 10+%pa, and of course this is tax free for my residential status.
Dave Dave's Astrophotography Channel
Find Me On:Web|Youtube|Facebook|Twitter|LinkedIn Folding Stats: Team CodeProject -
Bitcoin heading for worst yearly start since at least 2012[^]
Quote:
Cryptocurrencies are likely to remain under pressure as the Fed reduces its liquidity injections,” said Jay Hatfield, chief executive of Infrastructure Capital Advisors. “Bitcoin could end 2022 below $20,000.
Currently, it's at just under $40,000 - but if lots of you sell, it'll plummet. If you don't, you could lose a packet. If few of you sell, it might be stable or even recover. Decisions, decisions ... I'm not gloating, I'm just glad I have never been tempted to "invest" in crypto. Do you have any? Or do you think it's just another pyramid / Ponzi scheme at heart?
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt AntiTwitter: @DalekDave is now a follower!
-
Bitcoin heading for worst yearly start since at least 2012[^]
Quote:
Cryptocurrencies are likely to remain under pressure as the Fed reduces its liquidity injections,” said Jay Hatfield, chief executive of Infrastructure Capital Advisors. “Bitcoin could end 2022 below $20,000.
Currently, it's at just under $40,000 - but if lots of you sell, it'll plummet. If you don't, you could lose a packet. If few of you sell, it might be stable or even recover. Decisions, decisions ... I'm not gloating, I'm just glad I have never been tempted to "invest" in crypto. Do you have any? Or do you think it's just another pyramid / Ponzi scheme at heart?
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt AntiTwitter: @DalekDave is now a follower!
I must be getting old. I still can't wrap my head around the idea that an algorithm can have an intrinsic value, other than the obvious value of being marketed as a piece of reusable code. I'll stick with equities for now...
Will Rogers never met me.
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Bitcoin heading for worst yearly start since at least 2012[^]
Quote:
Cryptocurrencies are likely to remain under pressure as the Fed reduces its liquidity injections,” said Jay Hatfield, chief executive of Infrastructure Capital Advisors. “Bitcoin could end 2022 below $20,000.
Currently, it's at just under $40,000 - but if lots of you sell, it'll plummet. If you don't, you could lose a packet. If few of you sell, it might be stable or even recover. Decisions, decisions ... I'm not gloating, I'm just glad I have never been tempted to "invest" in crypto. Do you have any? Or do you think it's just another pyramid / Ponzi scheme at heart?
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt AntiTwitter: @DalekDave is now a follower!
I remember when others were indeed gloating, in this very forum (or was it the Soapbox?) when Bitcoin tanked from $20.000 to $6.000. Fancy that: selling at 6K and being told that 35K is low. I do have some Ether, only pocket money, but still decently multiplied.
"If we don't change direction, we'll end up where we're going"
