Independent Leyton Orient Forum

Used to be a regular subject, well I just looked and one Bit-coin on 18th June 2022 is now £15,577, wow that is a big drop from November 9th 2021 when it was £49,939 ! Wonder what has happened to cause such a massive fall in value ?

Discussion of cryptocurency is not permitted on the Independent Leyton Orient Forum

Sid Bishop wrote: ↑Sat Jun 18, 2022 11:07 am Used to be a regular subject, well I just looked and one Bit-coin on 18th June 2022 is now £15,577, wow that is a big drop from November 9th 2021 when it was £49,939 ! Wonder what has happened to cause such a massive fall in value ?

Gary the Plumber pulled out & that caused a run on it.

Wow that's cheap. Probably a good time to buy.

Sid Bishop wrote: ↑Sat Jun 18, 2022 11:07 am Used to be a regular subject, well I just looked and one Bit-coin on 18th June 2022 is now £15,577, wow that is a big drop from November 9th 2021 when it was £49,939 ! Wonder what has happened to cause such a massive fall in value ?

Still needs to fall by about £15577

People get banned for discussing such things, Ill have you know.

Probably a good idea to discuss it now that death is almost upon the cryptos. Those holding now will get nothing like the value displayed by the traders. The bubble burst a while ago.

Still more than double where if was two years ago

What is the price for a whole coin?

Milano wrote: ↑Sat Jun 18, 2022 2:42 pm Probably a good idea to discuss it now that death is almost upon the cryptos. Those holding now will get nothing like the value displayed by the traders. The bubble burst a while ago.

In South Sea?

I just bought a few ethereum here for a bit of a punt. Sh1t or bust at 850

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

I just checked the price of Ethereum.
Peaked at £3548 on November 11th 2021, latest price just a few minutes ago is £783 with headline as follows....
''Dropping fast: -12.41% the previous close price of 894.49 GBP''
https://www.bing.com/search?q=ethereum+ ... =QBRE&sp=1

Bit-coin now £15,153.51 come down from £15,577 earlier in the day, surely now time for Bit-coiners to buy, buy, buy ?

Why would you when it'll be cheaper tomorrow?

spen666 wrote: ↑Sat Jun 18, 2022 3:38 pm

Milano wrote: ↑Sat Jun 18, 2022 2:42 pm Probably a good idea to discuss it now that death is almost upon the cryptos. Those holding now will get nothing like the value displayed by the traders. The bubble burst a while ago.

In South Sea?

Even the renowned scientist Isaac Newton lost a packet in the so-called "South Sea bubble" of 1720 !

Seems odd that discussion of this topic is permitted now but worthy of a ban previously.

About time "Moderator can censor what he likes and ban people for no reason" was added to the message board rules pinned thread for clarity

What I object to are ponzi schemes.

Guess I'll need to factor in the Moderator being a financially illiterate moron into future postings then

Currywurst and Chips wrote: ↑Sat Jun 18, 2022 9:16 pm Guess I'll need to factor in the Moderator being a financially illiterate moron into future postings then

IMBECILES always out themselves in the end.

Rude.

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.

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/

EL Salvodor are still buying if anyone wants to offload .

For every person who has shat themselves and sold off at £25k or £20k or even £15k if that’s where we’re now at, there is another person who has happily snapped their hand off at these prices.

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

If you genuinely have, that sounds like a really smart investment.