goose 6:04 Thu Dec 17
Bitcoin
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Bitcoin went past $23,000 today.
I've made just over £400 today trading it from the comfort of my sofa.
other cryptocurrencies have been flying as well.
short term fad or long term alternative currency??
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Replies - Newest Posts First ( Show In Chronological Order)
Fake
7:16 Fri Sep 8
Re: Bitcoin
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BTC halving around April next year and blackrock ETF on the way (whether that’s ultimately a good thing is another story). Probably a good idea to start averaging in if you haven’t already.
Best performing asset since it’s inception , way safer than the thousands of shitcoins
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goose
6:02 Fri Sep 8
Re: Bitcoin
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explain why i'm risk averse or explain why i think bitcoin is risky?
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harold
5:58 Fri Sep 8
Re: Bitcoin
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Please explain.
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goose
5:56 Fri Sep 8
Re: Bitcoin
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okay sorry.
101 beans??
just kidding. i'm a risk averse dinosaur so i'm not your guy for this.
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harold
5:51 Fri Sep 8
Re: Bitcoin
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No need to try and take the piss.
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goose
5:32 Fri Sep 8
Re: Bitcoin
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harold 4:46 Fri Sep 8
Re: Bitcoin
goose, What do you trade Bitcoin against?
I tend to stick to BTC vs MgBn
I can get you 100 magic beans for your 1 bitcoin.
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Vexed
4:53 Fri Sep 8
Re: Bitcoin
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Hermit Road 12:28 Fri Sep 8
There's a possibility that might happen. No guarantee there will ever be another bull run but it's quite likely that BTC will be worth considerably more than it is now. I wouldn't go chucking all my eggs into that basket, but you'd be mad not to consider allocating a portion of your funds into crypto at today's prices imo.
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harold
4:46 Fri Sep 8
Re: Bitcoin
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goose, What do you trade Bitcoin against?
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Hermit Road
12:28 Fri Sep 8
Re: Bitcoin
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Sometime during the next year, Bitcoin will be worth north of $125k
Huge financial institutions applying for spot ETFs and other developments will drive it.
The rises up until now have been private investors, the institutions will drive the next rise.
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goose
11:31 Thu Sep 7
Re: Bitcoin
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Yup stick it in a 5 or 10 year bond.
Much less risk.
Otherwise I’ve got some magic beans I’m willing to sell you.
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On The Ball
11:23 Thu Sep 7
Re: Bitcoin
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I'd say that if you don't get it inside out, don't go anywhere near it. Savings rates are up, so be sensible.
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Too Much Too Young
9:57 Thu Sep 7
Re: Bitcoin
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I've come into a few quid.
Mate reckons now is a good time to get a bitcoin.
I have no idea about this shit.
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Northern Sold
5:50 Fri Jul 2
Re: Bitcoin
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Make that 14%...
Give me a B...
O..
O...
M...
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bigst
4:46 Fri Jul 2
Re: Bitcoin
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Up another 10% today
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Northern Sold
4:21 Tue Jun 29
Re: Bitcoin
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I3e
up 20% in 2 days trading... errrr booom
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Vexed
1:47 Mon Jun 28
Re: Bitcoin
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They've banned a company owned by Binance operating in the uk. Binance currently doesn't operate in the uk at all. The 'ban' is of no consequence. The FCA are probably trying to make up for the indiscretions around the OneCoin scam where they basically got a load of people scammed by giving an obvious scam firm the green light. The twats.
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mashed in maryland
10:12 Sun Jun 27
Re: Bitcoin
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Remember I said a few months back on here that the British government might be the first one in the west retarded (or devious) enough to try and ban cryptocurrencies?
Well looks like it's beginning:
https://www.bloomberg.com/news/articles/2021-06-27/u-k-financial-regulator-bars-crypto-exchange-binance
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DagenhamDave
10:13 Fri May 21
Re: Bitcoin
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Think it'll settle at the 28-30k mark for a while.
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DagenhamDave
10:12 Fri May 21
Re: Bitcoin
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ChillTheKeel 7:30 Fri May 21
This drop was nothing to do with China or Elon or any of the other crap that goes around.
It was overbought pure and simple. Needed to come back to earth for a while. Too many leveraged longs in a market and someones gonna come along and pull the rug from underneath you.
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ParadiseLost
8:53 Fri May 21
Re: Bitcoin
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Interesting article Camel. That’s a lot of liquidations. Been some analysts kicking Crypto over the past few days (JPM in particular) and some suggestion if rotating into Gold as being a better trade.
With markets like Crypto and the big moves presumably stops don’t work. The leverage multiples are pretty eye catching but I guess with big short term movements that can be good money for quick plays. It did make me wonder if the strategy of using the margin liquidation as the bottom barrier and the unlimited upside might be a game some might be playing.
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