The latest price of a Bit-coin.

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Re: The latest price of a Bit-coin.

Post by CEB2ElectricBoogaloo »

I’ll keep my money in Lego for now
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Re: The latest price of a Bit-coin.

Post by Rich Tea Wellin »

CEB2ElectricBoogaloo wrote: Thu Dec 05, 2024 9:57 am What is your (anyone who invested) plan for when you will decide to take the money and have it as actual money?

I still just don’t get it because it just feels like a glorified pyramid scheme
For once in my life I’ve been sensible. I’ve probably invested 3.5k over 6 years. I’ve taken about 5k out so I’m up. Got over double that in my account.

I’m a bit if a traitor but I sell the odd bit so I feel like I’m making actual money. I’ve made 4K in a month and sold off 1k and let the rest roll. Technically it’s a mistake because it’s gone up since I’ve sold and long term it’s probably not the greatest plan but it makes me feel like I’m getting something tangible out of it
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Re: The latest price of a Bit-coin.

Post by Long slender neck »

And you don't mind being in bed with criminals?
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Re: The latest price of a Bit-coin.

Post by LittleMate »

Rich Tea Wellin wrote: Thu Dec 05, 2024 10:55 pm
CEB2ElectricBoogaloo wrote: Thu Dec 05, 2024 9:57 am What is your (anyone who invested) plan for when you will decide to take the money and have it as actual money?

I still just don’t get it because it just feels like a glorified pyramid scheme
For once in my life I’ve been sensible. I’ve probably invested 3.5k over 6 years. I’ve taken about 5k out so I’m up. Got over double that in my account.

I’m a bit if a traitor but I sell the odd bit so I feel like I’m making actual money. I’ve made 4K in a month and sold off 1k and let the rest roll. Technically it’s a mistake because it’s gone up since I’ve sold and long term it’s probably not the greatest plan but it makes me feel like I’m getting something tangible out of it
Just because its gone up after you sold does not make it a mistake. Nobody can ever predict the top (or bottom) of a price fluctuation. As long as you are comfortable with your profit level (and equally comfortable when it drifts into loss territory) then you are doing well.

Not a crypto man myself (shares and investment trusts for me) but I'm kinda glad I avoided the roller coaster of crypto - although fair play to those making good money from it.
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Re: The latest price of a Bit-coin.

Post by Currywurst and Chips »

As per OTB above it’s a bit of a fun fund where you can dip in to help pay for holidays etc every now and then and then topping it back up when you can afford/price dictates
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Re: The latest price of a Bit-coin.

Post by Long slender neck »

Its not fun, you are propping up the currency of choice for criminals (org crime, drugs, fraudsters, hackers and rogue states) and destroying the environment. And its because you're greedy.
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Re: The latest price of a Bit-coin.

Post by Hoover Attack »

Long slender neck wrote: Fri Dec 06, 2024 8:46 am Its not fun, you are propping up the currency of choice for criminals (org crime, drugs, fraudsters, hackers and rogue states) and destroying the environment. And its because you're greedy.
So you’ve decided to miss the boat because of your morals and ethics?

All of the above was nonsense put about by those that didn’t want digital currency to take over the established state of things. But no one is spouting that anymore. Even America are in the process of announcing they’re on board (presumably they already are but they’re about to go public).
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Re: The latest price of a Bit-coin.

Post by Currywurst and Chips »

Making an argument for fiat currency on the basis that it’s free of use by organised crime, fraudsters et al and the pursuit of it does no damage to the environment is quite a take
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Re: The latest price of a Bit-coin.

Post by Long slender neck »

Hoover Attack wrote: Fri Dec 06, 2024 8:53 am
Long slender neck wrote: Fri Dec 06, 2024 8:46 am Its not fun, you are propping up the currency of choice for criminals (org crime, drugs, fraudsters, hackers and rogue states) and destroying the environment. And its because you're greedy.
So you’ve decided to miss the boat because of your morals and ethics?

All of the above was nonsense put about by those that didn’t want digital currency to take over the established state of things. But no one is spouting that anymore. Even America are in the process of announcing they’re on board (presumably they already are but they’re about to go public).
Morals and ethics yes, not something an accountant would understand. Of course felon Trump is on board with his mate Elon.
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Re: The latest price of a Bit-coin.

Post by Long slender neck »

Currywurst and Chips wrote: Fri Dec 06, 2024 9:01 am Making an argument for fiat currency on the basis that it’s free of use by organised crime, fraudsters et al and the pursuit of it does no damage to the environment is quite a take
Of course not, but at least it has a use besides criminality.
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Re: The latest price of a Bit-coin.

Post by Max B Gold »

Long slender neck wrote: Fri Dec 06, 2024 9:20 am
Hoover Attack wrote: Fri Dec 06, 2024 8:53 am
Long slender neck wrote: Fri Dec 06, 2024 8:46 am Its not fun, you are propping up the currency of choice for criminals (org crime, drugs, fraudsters, hackers and rogue states) and destroying the environment. And its because you're greedy.
So you’ve decided to miss the boat because of your morals and ethics?

All of the above was nonsense put about by those that didn’t want digital currency to take over the established state of things. But no one is spouting that anymore. Even America are in the process of announcing they’re on board (presumably they already are but they’re about to go public).
Morals and ethics yes, not something an accountant would understand. Of course felon Trump is on board with his mate Elon.
He. On a roll.
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Re: The latest price of a Bit-coin.

Post by Currywurst and Chips »

Long slender neck wrote: Fri Dec 06, 2024 9:21 am
Currywurst and Chips wrote: Fri Dec 06, 2024 9:01 am Making an argument for fiat currency on the basis that it’s free of use by organised crime, fraudsters et al and the pursuit of it does no damage to the environment is quite a take
Of course not, but at least it has a use besides criminality.
Crypto has a use as well, 1. Hedge against inflation 2. Pure speculation 3. Vehicle to the moon

You accept fiat is the “currency of choice” for criminals?
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Re: The latest price of a Bit-coin.

Post by Hoover Attack »

The US of A are the bigge$t criminal$ going.

Wake up, L$N.
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Re: The latest price of a Bit-coin.

Post by Currywurst and Chips »

$106,000 reached overnight 🚀
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Re: The latest price of a Bit-coin.

Post by Rich Tea Wellin »

Up the Donald
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