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Tom-the-eagle Croydon 26 Jun 19 1.08pm | |
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Originally posted by SW19 CPFC
Because it is useless. Also Bud bud bud likes to paint himself as a sage, but at this stage the reality is volatility is high and pump and dump is rife. It's a pyramid scheme for now. The underlying fundamentals are not solid or logical. With halo currencies you really needed to get in early to make any money out of them. The majority of them are done – and if anyone else is saying otherwise they're simply in it for themselves – the more people you can get to invest in Litecoin, for example, the higher the price. Facebook entering the game recently has simply started the new wave of more regulated and controlled crypto – something that is highly likely to become the norm. It's not dissimilar to the dotcom bubble in that everyone and his dog had an commerce site (in this case a coin offering). The only ones left with value will be those that can be regulated and easy to use. Agree mate. But I have this morning cashed in 50% of my Ethereum currency and it has paid for me to take my family away on holiday. Happy to take the advice though
"It feels much better than it ever did, much more sensitive." John Wayne Bobbit |
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Tom-the-eagle Croydon 26 Jun 19 6.01pm | |
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Bitcoin now up 19% today on yesterday
"It feels much better than it ever did, much more sensitive." John Wayne Bobbit |
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.TUX. 27 Jun 19 4.08am | |
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Originally posted by chris123
$307 in Dec 2017 - $131 now, and I'll draw your attention to when Litecoin was tipped up - it's gone down over the period. ..........but not out. Long-term.
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.TUX. 27 Jun 19 4.11am | |
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Originally posted by SW19 CPFC
Because it is useless. Also Bud bud bud likes to paint himself as a sage, but at this stage the reality is volatility is high and pump and dump is rife. It's a pyramid scheme for now. The underlying fundamentals are not solid or logical. With halo currencies you really needed to get in early to make any money out of them. The majority of them are done – and if anyone else is saying otherwise they're simply in it for themselves – the more people you can get to invest in Litecoin, for example, the higher the price. Facebook entering the game recently has simply started the new wave of more regulated and controlled crypto – something that is highly likely to become the norm. It's not dissimilar to the dotcom bubble in that everyone and his dog had an commerce site (in this case a coin offering). The only ones left with value will be those that can be regulated and easy to use. The personal digs continue........
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Tom-the-eagle Croydon 27 Jun 19 6.13pm | |
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Bitcoin down 20% today!! It’s like the Wild West!
"It feels much better than it ever did, much more sensitive." John Wayne Bobbit |
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the.universal 27 Jun 19 6.17pm | |
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Well the important thing is that I’ll win my bet with Tux again. So as far as bitcoin ‘market experts’ go, I still get to claim that title.
Vive le Roy! |
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SW19 CPFC Addiscombe West 27 Jun 19 6.45pm | |
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Originally posted by .TUX.
The personal digs continue........ And they will, along with a healthy dose of realism, until you caveat your completely unsubstantiated opinion masquerading as financial advice. There is no factual basis for what you are peddling and encouraging others to do other than for your own profiteering. Why so serious? Because the way you position yourself to some less informed people may actually be taken as fact.
Did you know? 98.0000001% of people are morons. |
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.TUX. 27 Jun 19 6.53pm | |
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Originally posted by Tom-the-eagle
Bitcoin down 20% today!! It’s like the Wild West! Yep, but improving all the time
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SW19 CPFC Addiscombe West 27 Jun 19 6.53pm | |
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Originally posted by Tom-the-eagle
Bitcoin down 20% today!! It’s like the Wild West! Likewise. This was interesting from the FT ‘Went to a very interesting meetup on cryptos at Imperial last night. There was this really nice lady working for a cryptocurrency data provider. She claimed the data on crypto suffers from 3 issues. The most striking one to me was the abundance of fake data they had to deal with, coming from many dodgy exchanges, often unregulated and financed by private money. They classified all exchanges they worked with according to a number of criterias and only 3% of them were of the highest rating and therefore according to their expert opinion provide reliable data on volumes and therefore, pricing...I did find it quite shocking as a neophyte on the subject.’ No s***. How easy would it be, say, for a few dodgy exchanges to manipulate the price, given false volume reported. The more power you have, the more influence you have. Sound familiar?
Did you know? 98.0000001% of people are morons. |
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.TUX. 27 Jun 19 6.59pm | |
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Originally posted by the.universal
Well the important thing is that I’ll win my bet with Tux again. So as far as bitcoin ‘market experts’ go, I still get to claim that title. Absolutely. Well done
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.TUX. 27 Jun 19 7.42pm | |
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Originally posted by SW19 CPFC
And they will, along with a healthy dose of realism, until you caveat your completely unsubstantiated opinion masquerading as financial advice. There is no factual basis for what you are peddling and encouraging others to do other than for your own profiteering. Why so serious? Because the way you position yourself to some less informed people may actually be taken as fact. I don't need to 'profit' from anyone here, there or anywhere. All you ever state regarding crypto-currencies is 'ponzi this' and 'ponzi that' without ever mentioning the current economic stance forced upon us all ie THE LARGEST PONZI SCHEME IN THE HISTORY OF THE BLOODY WORLD THAT CONTINUALLY ROBS EACH AND EVERY ONE OF US DAILY! So f***-off.....bud
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cryrst The garden of England 27 Jun 19 8.39pm | |
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Originally posted by .TUX.
I don't need to 'profit' from anyone here, there or anywhere. All you ever state regarding crypto-currencies is 'ponzi this' and 'ponzi that' without ever mentioning the current economic stance forced upon us all ie THE LARGEST PONZI SCHEME IN THE HISTORY OF THE BLOODY WORLD THAT CONTINUALLY ROBS EACH AND EVERY ONE OF US DAILY! So f***-off.....bud
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