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goose 6:04 Thu Dec 17
Bitcoin
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??

Replies - Newest Posts First (Show In Chronological Order)

Sydney_Iron 10:40 Wed Feb 28
Re: Bitcoin
Been trading for nearly 30 years but never touched Bitcoin or any Crypto, not really looked into but on the surface i cant get my head around it?

Things like Gold and currencies or stock indices are easy to understand and tangible so that's what i trade, maybe Bitcoin would suit me, i trade volatility and break outs and they have futures contracts now.

ludo21 8:13 Wed Feb 28
Re: Bitcoin
I've got a Bitcoin tracker share (BIT-XBT) in my very meagre SIPP. Had it in there for nearly four years now and it's gone up by nearly 500% in that time. Unfortunately I didn't have much invested in BIT-XBT at the outset but it is now the biggest component of my fund.

Crazily BIT-XBT was deemed too risky and a ban on adding any more was brought in in 2021, which when I look at how some of the other shares have performed is crazy... banning the most successful element sounds about right!! Got to keep the little people under control!

Anyway, I'm going to leave it there and hopefully it will increase by 500% every 3-4 years.

Fake 7:51 Wed Feb 28
Re: Bitcoin
Crazy and unprecedented. Bitcoin approaching 62K right now, just 7K of All Time High with every metric still showing very little interest from your average retail punter. That's the power of ETF's surely. Wall street are buying this shit up.

Fake 7:16 Fri Sep 8
Re: Bitcoin
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

goose 6:02 Fri Sep 8
Re: Bitcoin
explain why i'm risk averse or explain why i think bitcoin is risky?

harold 5:58 Fri Sep 8
Re: Bitcoin
Please explain.

goose 5:56 Fri Sep 8
Re: Bitcoin
okay sorry.

101 beans??

just kidding. i'm a risk averse dinosaur so i'm not your guy for this.

harold 5:51 Fri Sep 8
Re: Bitcoin
No need to try and take the piss.

goose 5:32 Fri Sep 8
Re: Bitcoin
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.

Vexed 4:53 Fri Sep 8
Re: Bitcoin
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.

harold 4:46 Fri Sep 8
Re: Bitcoin
goose, What do you trade Bitcoin against?

Hermit Road 12:28 Fri Sep 8
Re: Bitcoin
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.

goose 11:31 Thu Sep 7
Re: Bitcoin
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.

On The Ball 11:23 Thu Sep 7
Re: Bitcoin
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.

Too Much Too Young 9:57 Thu Sep 7
Re: Bitcoin
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.

Northern Sold 5:50 Fri Jul 2
Re: Bitcoin
Make that 14%...

Give me a B...
O..
O...
M...

bigst 4:46 Fri Jul 2
Re: Bitcoin
Up another 10% today

Northern Sold 4:21 Tue Jun 29
Re: Bitcoin
I3e

up 20% in 2 days trading... errrr booom

Vexed 1:47 Mon Jun 28
Re: Bitcoin
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.

mashed in maryland 10:12 Sun Jun 27
Re: Bitcoin
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

DagenhamDave 10:14 Fri May 21
Re: Bitcoin
USD that is

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