Well I bought shares in CLOV at $21 not so long ago and have been HODLing for the nailed on increase to $100 so I'm positively ecstatic on $BTC compared to CLOV.....Originally Posted by Daveya.;59We09206
Both points sound familiar, it’s a fun game but you are ultimately being paid for the time you spend paying attention to it all - the time you spend on apps watching prices, the time you spend researching it, as well as for the quality of your decisions and your feeling for the psychology of the market, and these skills also take time to develop. In other words, it’s a job, paying attention to the market in order to collectively decide the correct price. Now that’s fine as long as you’re finding it interesting, are addicted to the gambling aspect, or are doing really well. But when you’re checking your phone first thing in the morning and last thing at night to see if your limit order got filled, you have to wonder if it’s a fun job.
I sold the lot when I was pleasantly ahead, as I got freaked out that everyone I spoke to who had zero financial or crypto knowledge was telling me they’d bought in to make a quick buck. When I pointed out that Bitcoin was only worth something for as long as people believed it was, they would all stoke their chins and repeat the exactly same phrase: ‘But it’s a store of value’. Yes, because you believe it is. ETH and others seem more genuinely useful but their price is still driven by Bitcoin. I sold my ETH and a few others a bit too soon of course, but it’s now below that level, and some of the other coins have dropped like a stone since then. I’d be happy to go in again but I’d start small, it wasn’t a huge amount but it had gone up to more than I felt like losing. It began to feel stressful and distracting, I’d rather be looking at watches.
^ That’s a great post and perspective.
Cheers..
Jase
Someone who lies about the little things will lie about the big things too.
Bored now with this, I'd get more fun spending 7k Inna supercharger for my car might do it
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Why buy bitcoin when you can just long and short the Dow?
Last edited by studly; 8th January 2022 at 22:56.
Someone who lies about the little things will lie about the big things too.
I know.
Someone who lies about the little things will lie about the big things too.
and Raffe...
I have some bad news.
We are going to have to remove your signature... again.
Dat logic...
Last edited by studly; 9th January 2022 at 00:31.
Maybe you should get a grands worth. A hubris hedge!
Floki has a beta of about 2.1…when the reversal happens the cycle repeats.
Unless this time the market does really crash and burn, like when the tech bubble burst? 🙄
Apple become the first 3T company this week. Tell me again about this tech bubble burst?
Useful to know. Have you been in touch with Micheal Lewis yet to make sure your inside scoop is in the book?
There are a lot of garbage cryptos, if there is a shakeout in 22 that’s good for the market as a whole imo, that said, doggo money is probably a better medium of exchange than 1/3rd of all the worlds currencies.
People who think crypto will fail, be forgotten about and never return probably also thought telephone box repairman was a job for life.
Interesting read about Cryptocurrencies.
https://www.stephendiehl.com/blog/against-crypto.html
That was interesting, thanks. It’s like a giant game of musical chairs.
Cheers..
Jase
Floki rockz.
Someone who lies about the little things will lie about the big things too.
And.....ETH with a 2, BTC about to get a 3
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Someone who lies about the little things will lie about the big things too.
Did anyone get on Flux when it was 9c in August?
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Cryptos to the left of us, and cryptos to the right... https://www.seattletimes.com/opinion...coin-and-maga/
I already have that bet on, one of seven charity bets for a total of 350 quid that I am engaged in. That'll do from my side.
Anytime between today and 31 December is the bet between Sean and myself: https://forum.tz-uk.com/showthread.p...=1#post5905562
Last edited by Raffe; 13th January 2022 at 07:23.
Someone who lies about the little things will lie about the big things too.
Hmm, so you are simply suggesting I pay up £50 if I'm wrong? With no counterparty?
Regarding your seven bets I would judge you will win: 2., 4. and 5.; I don't think you'll win 1. and I'm not sure how 6. is going to be scored, how does over/under work when it's a binary outcome? I have no view on bets 3. or 7.
I have no problem "putting my money where my mouth is" I just wanted to ensure that I understood correctly what you were proposing. I'm not sure a one way bet is very interesting but I'll stand by it.
Hmm, makes participating in a discussion forum a bit futile, no?
Well, my fundamental problem is that implementing PoS to a coin that is already highly centralised and largely controlled by a small number of individuals, will simply cement and extend that centralisation.
Secondly progress seems to be glacially slow with no assurance that they will actually achieve their stated objectives.
Ah, OK I'm with you now. Thanks.
There's even a commitment to PoS as far back as the original White Paper, eight years ago.
"Note that in the future, it is likely that Ethereum will switch to a proof-of-stake model..."
Perhaps it will turn out to be a software equivalent of GaAs, tomorrow's technology - and always will be.