Bitcoin

[goose]

"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??"

[camel-with-3-humps]

"Vexed earlier comments about the corporates driving the bull run. The corporates buy and hold. The large retailers, the whales, make up most of the market cap. They also drive the price along with smaller investors. That is where the liquidity comes in. That’s how all these limits are filled. You are fucking clueless wanker, desperate to be top dog, who has read a few news headlines but knows nothing about markets, pricing, volume."

[Vexed]

It's no surprise to me that you're both fucking old. It at least explains why you can't seem to grasp the subject at hand - it's not really old people friendly.

[JAC]

"Listen,right,Vexed knows everything .....he reads the Guardian every day and is an authority on everything Bitcoin...Wanker. I also worked in finance for 40 years and came across know all cunts all the time...Most,like Vexed are now out of work."

[ParadiseLost]

"Vexed, rather than insulting provide another opinion. I am retired now but I worked in the trading world for forty years, including fifteen as a Senior Risk Manager. So I do have some background. I still have friends in the industry who I talk to and they think its a bubble. Normally the trading houses get involved if there’s any real money and they’ve been slow to do that. As for the corporate investment you are talking about that depends how you measure it. Many people include the funds that are springing up as corporate investment but its still basically repackaged retail money."

[Vexed]

PL - that's clueless on multiple levels. Well done.

[ParadiseLost]

"Vexed, its never struck you as odd that when the world started implementing all sorts of controls and reporting around money laundering suddenly a non traceable currency, Bitcoin was invented? very popular here in Colombia with all the wrong sort people. Still, the authorities will try to pick up the tax that is owed on profits (which will come as a surprise to many) then they’ll start reeling it back in."

[camel-with-3-humps]

"Vexed, you’re so ignorant - the sad thing is you don’t know it."

[Vexed]

I'm not sure a handful of divs on here would make a huge dent in my day. Besides the current bull run has until recently had very little to do with retail investors and more to do with huge corporate investment. But I'm sure you excitable numpties that have been doing this for nearly three weeks now are well aware of that.

[camel-with-3-humps]

You WANT naive retail capital to take advantage of. It provides the liquidity. It’s like saying ‘I wish all the fish would fuck off in poker.’ Vex - You really are a moron.

[goose]

Surely you’d be happy having all these divs you can take advantage of??

[Vexed]

Oh god. I don't even know where to start with that PL. This subject seems to attract divs at the moment. I'm looking forward to the bear market when they will all fuck off again.

[ParadiseLost]

"Well Bitcoin should react well to TA what else is there for it to trade off other than graphs? Short of Musk saying on twitter that he’s about to put money into it (and therefore kick the price up) what else is there? The latest BofA report on Bitcoin, which suggests that if Central Banks launch digital currencies Bitcoin is toast has not gone down well with the Bitcoin community."

[Vexed]

Camel just reels off pages from bitcoin for dummies that his mum bought him for Christmas.

[camel-with-3-humps]

"You get these people who rave about Bitcoin being a store of value, like gold, that it is a hedge against government monetary easing. I’m not convinced. I trade off technical analysis. Bitcoin behaves quite well to TA. It really adheres to Fibonacci, for example. There are good high probability trades."

[camel-with-3-humps]

"You get these people who rave about Bitcoin being a store of value, like gold, that it is a hedge against government monetary easing. I’m not convinced. I trade off technical analysis. Bitcoin behaves quite well to TA. It really adheres to Fibonacci, for example. There are good high probability trades."

[BRANDED]

Jewellery go out of fashion? ?üòÇ?üòÇ?üòÇ?üòÇ?üòÇ?üòÇ

[Mike Oxsaw]

What are you going to do with gold when bling goes out of fashion?

[Cheezey Bell-End]

Buy more.

[BRANDED]

"You can wear gold. You can drink fine wine, you can appreciate some art. What the fuck you going to do with bitcoins when they crash?"

[JAC]

"All you need to know is that Vexed is the expert on everything, end of."

[ParadiseLost]

"Make that 10 times, my error"

[ParadiseLost]

"Gold is perhaps 20 times the market size of Bitcoin, so its still a fair comment"

[Vexed]

Bearing in mind the relative market caps of gold and bitcoin it's not a surprise that you'd need a lot more dough to manipulate the gold market. Gold is still much much larger than bitcoin.

[ParadiseLost]

"Interesting piece on Bloomberg today which shows just how easy Bitcoin is to manipulate Bitcoin is extremely sensitive to increased dollar demand,” the BofA strategists said in a note Wednesday. “We estimate a net inflow into Bitcoin of just $93 million would result in price appreciation of 1%, while the similar figure for gold would be closer to $2 billion or 20 times higher. In contrast, the same analysis for the 20-year-plus Treasuries shows that multibillion money flows do not have a significant impact on price, pointing to the much larger and stable nature of the U.S. Treasuries markets."

[Vexed]

"As you should Chill son, borderline untraceable. I would advise anyone to disregard most of the things Camel says."