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Tlazolteotl
Champion Joined: 02 Oct 2012 Location: Elephant Butte Status: Offline Points: 31303 |
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Posted: 23 Jan 2022 at 8:47am |
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"Cryptocurrencies basically have no value and they don't produce
anything. They don't reproduce, they can't mail you a check, they can't
do anything, and what you hope is that somebody else comes along and
pays you more money for them later on, but then that person's got the
problem. In terms of value: zero." - CNBC, February 2020 Warren Buffett |
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An honest politician is one who when he is bought will stay bought.
Simon Cameron |
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rusty nails
Champion Joined: 20 Mar 2013 Location: Sydney Status: Offline Points: 11302 |
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There are no fundamentals about pricing/value. May as well get a chimp to pick your investments if you invest in crypto.
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Gay3
Moderator Group Joined: 19 Feb 2007 Location: Miners Rest Status: Offline Points: 51829 |
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Had I anything to invest with it'd be in Gold &/or Silver only Too many ifs/buts with the cryptos.
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Wisdom has been chasing me but I've always outrun it!
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 36895 |
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Arse fallen out of this over past few days. Will it bounce back ? Thoughts ?
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Refer ALP Election Promises
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Baghdad Bob
Champion Joined: 10 Feb 2010 Location: Victoria Status: Offline Points: 13599 |
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This has happened here in Australia. An associate of my son bought Bitcoin some years ago and lost/ forgot his password and could not access his digital wallet. Sought legal advice and offered that legal firm a "no win -no fee" agreement if they could or could not ascertain his password. It came to pass that the person found his password in his own home, but as his Bitcoin was now worth $18 K, he paid the legal firm $1.8 K for their work over the past year. That was a year ago, Lord knows what it is worth today as I type this one Bitcoin is worth $AUD 49,800.
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fee
Champion Joined: 17 Oct 2020 Status: Offline Points: 785 |
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Bit like Afterpay, inferior to other BNPL but first in
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Tlazolteotl
Champion Joined: 02 Oct 2012 Location: Elephant Butte Status: Offline Points: 31303 |
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It's strange that Bitcoin is still by far the most valuable crypto because it is as technologically primitive as a Model T compared to most newer cryptos.
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An honest politician is one who when he is bought will stay bought.
Simon Cameron |
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fee
Champion Joined: 17 Oct 2020 Status: Offline Points: 785 |
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Victorian real estate booming, 81 % clearance rate last week. As is Bitcoin ,
1 Bitcoin equals 28,272.52 Australian Dollar |
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79533 |
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Australia have signed up with China though maxie. We signed up to a $49 Trillion trade pact with them and 14 other countries this week. Donald scuttled the one we had with them. Great friends eh?
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maccamax
Champion Joined: 19 Jun 2010 Status: Offline Points: 41473 |
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The best bet of any day is that PT will get Donald John Trump into any thread, on any forum, in any world .
For starters we don't mention the USA & Australia in the same sentence. They put men on the moon . We take 50 years to decide if we can run a water pipe from point A to B. I'm sure it will be the USA who reigns China in and most certainly NOT Australia . |
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79533 |
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maxie, how many Trillion debt did Donald run up? Are they a financial basket case?
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maccamax
Champion Joined: 19 Jun 2010 Status: Offline Points: 41473 |
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You are joking of course ... The true state of economies won't be known until the Government spendathon of borrowed money , is over . If you think Victoria isn't mortally wounded , you are in for a shock . Nsw has not shut down and their State finances are quite good . They will gain big time from the disaster Vic & Qld State Governments have created . --------------- City Locked Down for Three Months Has Bleak Lessons for the World By Sybilla Gross , Jason Scott , and Jason Gale October 28, 2020, 12:52 PM GMT+11 Updated on October 28, 2020, 8:14 PM GMT+11 Melbourne crushes infection curve but with huge economic cost Lockdown saw 1,200 jobs lost a day, prolonging recession |
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fee
Champion Joined: 17 Oct 2020 Status: Offline Points: 785 |
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Victoria economy is recovering very well, suburban house prices will start to rise , expect them to go up by around 5% in the next 12 months. House prices at top end of market do not seem to have been affected
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fee
Champion Joined: 17 Oct 2020 Status: Offline Points: 785 |
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Regional Victoria is booming. Bendigo, Ballarat properties in short supply and snapped at at incredible prices. Anglesea a small seaside town, 444 m2 block of land, 4 bedroom ordinary brick house, $950,000
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maccamax
Champion Joined: 19 Jun 2010 Status: Offline Points: 41473 |
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( best Ignored 2 ) thought the same ... He was quite brainy during his mood time level = "normal". But you know how the unfortunate swings
destroy all those good times ... NSW better Resiential Real Estate would be a safe way to go ATM .. I expect exceptional gains over the next few years. The Vic economy is up the creek and will take years to regain momentum . Expect quite an exodus from that Labor State . Qld . Good residential , may hold with migration from the South BUT it is destroyed economically . Will never rise to The Pumpkin scones days again . It's been in bed with Tiger. |
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fee
Champion Joined: 17 Oct 2020 Status: Offline Points: 785 |
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Disclaimer: My posts are in no way to be taken as financial advice. I have not and never will invest in cryptocurrencies. But I am intrigued and bewildered by them and believe some others may also be interested
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maccamax
Champion Joined: 19 Jun 2010 Status: Offline Points: 41473 |
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Two recent posts on the bitcoin thread , in over 17 months ...
" Coincidence that one was made by "Brokecel" in September and the other one by "fee" today . DOES EVERY PICTURE TELL A STORY. |
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fee
Champion Joined: 17 Oct 2020 Status: Offline Points: 785 |
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Last time I looked it was $5000 , has come roaring back and is now $22,000 |
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brokecell
Champion Joined: 25 Jul 2020 Status: Offline Points: 414 |
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China Officially Backs a CryptoCurrency and Establishes it as their Official Coin. |
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Dr E
Champion Joined: 05 Feb 2013 Location: Australia Status: Offline Points: 28563 |
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All going according to script ... just hope it's not a "dead cat bounce" E&E!
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In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Offline Points: 16226 |
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It’s all good, whatever happens happens. Has been in the doldrums for so long anything above that is a plus. Not life changing amounts for me anyway. Would have to get to $100k to begin to get me excited.
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Dr E
Champion Joined: 05 Feb 2013 Location: Australia Status: Offline Points: 28563 |
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That's why i don't post any of my winning horse tips! Nah, all good - as I said earlier, a bit of EOF year profit taking and tax liability management. My tip is that this weeks losses will all be recovered by this time next week, and chugging on toward $20k by late July!
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In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Offline Points: 16226 |
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Looks like I put the mock on it!
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Whale
Champion Joined: 01 Jun 2009 Location: St Kilda Beach Status: Offline Points: 38719 |
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so he made $45
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Dr E
Champion Joined: 05 Feb 2013 Location: Australia Status: Offline Points: 28563 |
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Very nice!
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In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Dr E
Champion Joined: 05 Feb 2013 Location: Australia Status: Offline Points: 28563 |
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In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Offline Points: 16226 |
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In a way I’m glad it went down 85% from the peak. Had it only gone down say 50% I probably would have sold but because my initial stake was at one point worth barely anything I didn’t bother. |
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Gay3
Moderator Group Joined: 19 Feb 2007 Location: Miners Rest Status: Offline Points: 51829 |
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My brother bought some Russian crypto a few weeks ago at 25cents which took off to $6 early this week so he sold - can get lucky sometimes I'd rather it'd been me tho'
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Wisdom has been chasing me but I've always outrun it!
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Dr E
Champion Joined: 05 Feb 2013 Location: Australia Status: Offline Points: 28563 |
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NOT for the faint hearted! ... I never had the guts to go hard (thankfully), so it's a bit of fun really, and I expect I will be in front at some point ... and then, who knows ...
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In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Offline Points: 16226 |
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Had to go down a bit after yesterday. Went wild!
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