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Bitcoin ramblings

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    #31
    I wish I'd listened when my mate told me to buy Bitcoin when it was 65p and mostly used for buying class As online.
    When freedom comes along, don't PISH in the water supply.....

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      #32
      Originally posted by Hobosapien View Post
      Dead bat bounce.

      Without something akin to a miracle (early vaccine or somehow containment and erradication of the virus) we are only at the start of the global economic impact.
      The only driver of the stock market will be QE to infinity which will drive another boom via share buybacks. Or even direct FED buying the stock market with infinite printed cash.

      I am waiting to see the recent lows tested again first....

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        #33
        Originally posted by DimPrawn View Post
        The only driver of the stock market will be QE to infinity which will drive another boom via share buybacks. Or even direct FED buying the stock market with infinite printed cash.

        I am waiting to see the recent lows tested again first....

        Depends if the magic money tree is used to bailout the big players in the main stock markets. If not then current share holdings may become worthless as companies drop out of the FTSE and are replaced with others making out like pirates (e.g. PPE companies or makers of certain endorsed 'virus battling' drugs), or mergers buy out shares for cents in the dollar.

        Also if they print their way out then the share price may look high in monetary terms but won't look so good against physical assets. We'll see if bitcoin really has the ability to become digital gold. So far it's wishful thinking by those hodling it.

        For investments to succeed you need to be on the right side of the trade. Are you feeling lucky punk?
        Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.

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          #34
          Originally posted by Hobosapien View Post
          Dead bat bounce.

          Without something akin to a miracle (early vaccine or somehow containment and erradication of the virus) we are only at the start of the global economic impact.
          Best start shorting then.
          Down with racism. Long live miscegenation!

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            #35
            Originally posted by NotAllThere View Post
            Best start shorting then.
            my tv started doing that.
            i chucked it in the skip.

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              #36
              Originally posted by TestMangler View Post
              I wish I'd listened when my mate told me to buy Bitcoin when it was 65p and mostly used for buying class As online.
              Me too although I believe it is also still used to buy class As online plus I would be able to pay off that guy who keeps threatening to post pictures of me online....
              Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.

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                #37
                Originally posted by darmstadt View Post
                Me too although I believe it is also still used to buy class As online plus I would be able to pay off that guy who keeps threatening to post pictures of me online....
                It would only have cost like 33p at that time. Bargain !!
                When freedom comes along, don't PISH in the water supply.....

                Comment


                  #38
                  Originally posted by TestMangler View Post
                  I wish I'd listened when my mate told me to buy Bitcoin when it was $6.5k and mostly used for buying class As online.
                  A year from now...
                  "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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                    #39
                    Originally posted by scooterscot View Post
                    Where did you copy and paste that from? You might have at least got rid of the American spellings.
                    And replace educational with poorly entertaining

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                      #40
                      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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