Independent Leyton Orient Forum

Posted: **Sun Jun 19, 2022 1:14 am**

Some poor f*ckers being screwed over right here

Posted: **Sun Jun 19, 2022 5:17 am**

Sid Bishop wrote: ↑Sat Jun 18, 2022 10:30 pm
Adz wrote: ↑Sat Jun 18, 2022 10:01 pm When interest rates rise risk assets fall. Crypto is the greatest risk asset there is so it will fall the furthest. If you are that way inclined buy back in when the fed cuts rates.
Oh well, many so called ''Experts'' are still saying that long term the only way is UP for Bit-coin, we shall see and of course for anyone who is an enthusiastic Bit-coiner, surely now is the time to BUY, BUY, BUY !!

Experts Say Bit-coin Could Hit $100,000 In 2022. Here’s What Investors Should Know
Megan DeMatteo
June 18, 2022
It’s been a rocky start to the year for Bit-coin, but experts still say it will hit $100,000 — and that it’s more a matter of when, not if.
https://time.com/nextadvisor/investing/ ... edictions/

For expert read spruiker

Posted: **Sun Jun 19, 2022 1:35 pm**

Total lay person on this, but I can’t get past that it seems that people are only buying Bitofacon as an investment, not because they have a realistic expectation that it will be an actual currency. As such it seems obvious that anyone who is intending to “win” by investing is reliant on a mug losing out later on

Posted: **Sun Jun 19, 2022 3:38 pm**

CEB wrote: ↑Sun Jun 19, 2022 1:35 pm Total lay person on this, but I can’t get past that it seems that people are only buying Bitofacon as an investment, not because they have a realistic expectation that it will be an actual currency. As such it seems obvious that anyone who is intending to “win” by investing is reliant on a mug losing out later on

and those mugs are getting thinner on the ground.

Posted: **Sun Jun 19, 2022 9:24 pm**

Its on the rise again, sunk to just a tad over £15000 now in one day risen again to £16,505, so like volatile shares, buying and selling levels, so anyone who buys now perhaps sell if it goes above £28,000 !

Posted: **Sun Jun 19, 2022 10:26 pm**

CEB wrote: ↑Sun Jun 19, 2022 1:35 pm Total lay person on this, but I can’t get past that it seems that people are only buying Bitofacon as an investment, not because they have a realistic expectation that it will be an actual currency. As such it seems obvious that anyone who is intending to “win” by investing is reliant on a mug losing out later on

No one has to lose out for an earlier investor to ‘win’.

Posted: **Mon Jun 20, 2022 1:58 am**

CEB wrote: ↑Sun Jun 19, 2022 1:35 pm Total lay person on this, but I can’t get past that it seems that people are only buying Bitofacon as an investment, not because they have a realistic expectation that it will be an actual currency. As such it seems obvious that anyone who is intending to “win” by investing is reliant on a mug losing out later on

The very definition of a ponzi scheme

Posted: **Mon Jun 20, 2022 8:31 am**

Gary the Plumber wrote: ↑Sun Jun 19, 2022 10:26 pm
CEB wrote: ↑Sun Jun 19, 2022 1:35 pm Total lay person on this, but I can’t get past that it seems that people are only buying Bitofacon as an investment, not because they have a realistic expectation that it will be an actual currency. As such it seems obvious that anyone who is intending to “win” by investing is reliant on a mug losing out later on
No one has to lose out for an earlier investor to ‘win’.

I didn’t say that - I said that intending to win by utilising the dynamics of this kind of investment is reliant on a mug losing later on. Doesn’t have to be at the next step.

Posted: **Mon Jun 20, 2022 9:12 am**

CEB wrote: ↑Mon Jun 20, 2022 8:31 am
Gary the Plumber wrote: ↑Sun Jun 19, 2022 10:26 pm
CEB wrote: ↑Sun Jun 19, 2022 1:35 pm Total lay person on this, but I can’t get past that it seems that people are only buying Bitofacon as an investment, not because they have a realistic expectation that it will be an actual currency. As such it seems obvious that anyone who is intending to “win” by investing is reliant on a mug losing out later on
No one has to lose out for an earlier investor to ‘win’.
I didn’t say that - I said that intending to win by utilising the dynamics of this kind of investment is reliant on a mug losing later on. Doesn’t have to be at the next step.

No, it’s not reliant on someone losing out later on at all.

Posted: **Mon Jun 20, 2022 9:58 am**

Beradogs wrote: ↑Sat Jun 18, 2022 3:39 pm I just bought a few ethereum here for a bit of a punt. Sh1t or bust at 850

Such a great trade.

Posted: **Mon Jun 20, 2022 10:18 am**

Beradogs wrote: ↑Mon Jun 20, 2022 9:58 am
Beradogs wrote: ↑Sat Jun 18, 2022 3:39 pm I just bought a few ethereum here for a bit of a punt. Sh1t or bust at 850
Such a great trade.

latest price is 922.58GBP, buy low, then sell high.
Of course then it comes down to a gamble as to when to sell and when to buy !

Posted: **Mon Jun 20, 2022 10:21 am**

Gary the Plumber wrote: ↑Mon Jun 20, 2022 9:12 am
CEB wrote: ↑Mon Jun 20, 2022 8:31 am
Gary the Plumber wrote: ↑Sun Jun 19, 2022 10:26 pm

No one has to lose out for an earlier investor to ‘win’.
I didn’t say that - I said that intending to win by utilising the dynamics of this kind of investment is reliant on a mug losing later on. Doesn’t have to be at the next step.
No, it’s not reliant on someone losing out later on at all.

So it’s an investment that nobody loses out on?

Posted: **Mon Jun 20, 2022 10:24 am**

CEB wrote: ↑Mon Jun 20, 2022 10:21 am
Gary the Plumber wrote: ↑Mon Jun 20, 2022 9:12 am
CEB wrote: ↑Mon Jun 20, 2022 8:31 am

I didn’t say that - I said that intending to win by utilising the dynamics of this kind of investment is reliant on a mug losing later on. Doesn’t have to be at the next step.
No, it’s not reliant on someone losing out later on at all.
So it’s an investment that nobody loses out on?

Its another form of gambling, so of course like gambling on a horse race or on high risk shares, some win and some lose out !
Only gamble what you can afford to lose.

Posted: **Mon Jun 20, 2022 10:28 am**

Well yes. That’s my assumption.

Posted: **Mon Jun 20, 2022 10:37 am**

CEB wrote: ↑Mon Jun 20, 2022 10:21 am
Gary the Plumber wrote: ↑Mon Jun 20, 2022 9:12 am
CEB wrote: ↑Mon Jun 20, 2022 8:31 am

I didn’t say that - I said that intending to win by utilising the dynamics of this kind of investment is reliant on a mug losing later on. Doesn’t have to be at the next step.
No, it’s not reliant on someone losing out later on at all.
So it’s an investment that nobody loses out on?

So long as everyone just keeps on buying, then that's correct - nobody can possibly lose.

Posted: **Mon Jun 20, 2022 10:56 am**

Dunners wrote: ↑Mon Jun 20, 2022 10:37 am
CEB wrote: ↑Mon Jun 20, 2022 10:21 am
Gary the Plumber wrote: ↑Mon Jun 20, 2022 9:12 am

No, it’s not reliant on someone losing out later on at all.
So it’s an investment that nobody loses out on?
So long as everyone just keeps on buying, then that's correct - nobody can possibly lose.

That’s what I thought

Posted: **Mon Jun 20, 2022 11:41 am**

CEB wrote: ↑Mon Jun 20, 2022 10:21 am
Gary the Plumber wrote: ↑Mon Jun 20, 2022 9:12 am
CEB wrote: ↑Mon Jun 20, 2022 8:31 am

I didn’t say that - I said that intending to win by utilising the dynamics of this kind of investment is reliant on a mug losing later on. Doesn’t have to be at the next step.
No, it’s not reliant on someone losing out later on at all.
So it’s an investment that nobody loses out on?

Now is not the time to ask me that question.

Posted: **Mon Jun 20, 2022 11:42 am**

Dunners wrote: ↑Mon Jun 20, 2022 10:37 am
CEB wrote: ↑Mon Jun 20, 2022 10:21 am
Gary the Plumber wrote: ↑Mon Jun 20, 2022 9:12 am

No, it’s not reliant on someone losing out later on at all.
So it’s an investment that nobody loses out on?
So long as everyone just keeps on buying, then that's correct - nobody can possibly lose.

'People' are still buying BTC.

Posted: **Mon Jun 20, 2022 12:04 pm**

Gary the Plumber wrote: ↑Mon Jun 20, 2022 11:41 am
CEB wrote: ↑Mon Jun 20, 2022 10:21 am
Gary the Plumber wrote: ↑Mon Jun 20, 2022 9:12 am

No, it’s not reliant on someone losing out later on at all.
So it’s an investment that nobody loses out on?
Now is not the time to ask me that question.

Ooooff.

Posted: **Mon Jun 20, 2022 12:06 pm**

Invest in Lego. Holds its value at worst, increases significantly at best, and you get to make x-wings and ghostbusters cars free . What’s not to like?

Posted: **Mon Jun 20, 2022 12:23 pm**

The look of pity on the shopkeeper's face

Posted: **Mon Jun 20, 2022 12:57 pm**

Currywurst and Chips wrote: ↑Mon Jun 20, 2022 12:23 pm The look of pity on the shopkeeper's face

Ever been in a Lego shop? I’m guessing not, because when you go in, it’s like you’ve gone into a Scientologist type cult run by Rod, Jane and Freddie

Posted: **Fri Sep 23, 2022 12:01 pm**

Pound Sterling appears to be dropping faster than Bitofacon. Anyone know why?

Posted: **Fri Sep 23, 2022 12:10 pm**

Dunners wrote: ↑Fri Sep 23, 2022 12:01 pm Pound Sterling appears to be dropping faster than Bitofacon. Anyone know why?

The traders (for that read gamblers) in the money markets have decided to try and make some money on a falling pound. It'll come round again. (I had a friend work in the money markets for his bank in the 80's - the stories he used to tell me about how they decide what to buy and sell, IMO it was 90% gambling, nothing to do with the state of a countries economy.

And yes, I know that most trading is decided by computer algorithms nowadays, not actual people.

Posted: **Fri Sep 23, 2022 4:00 pm**

Dunners wrote: ↑Fri Sep 23, 2022 12:01 pm Pound Sterling appears to be dropping faster than Bitofacon. Anyone know why?

You're doing that thing aren't you?

Is it because the American economy is the strongest it has been in a long time ?

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