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??"

[Vexed]

"Judging by the size of Elon's head, I thought it was you!"

[Block]

Vexed = Elon Musk

[Vexed]

"Previous conversation but you did say it. Have you changed your mind then? I'm not avoiding questions, I've given you a start, I suggest you get on with it. I have nothing to prove - I actually understand the subject matter."

[goose]

That is as a previous conversation. I’m asking you a very simple question today which you’re avoiding. Happy to agree with you once you share those fundamentals which drive crypto price.

[Vexed]

Goose you said that earlier in the thread.

[Lee Trundle]

"Will that mean Vexed has to put in £100 to the GAVVY fund? I'm guessing the coward he is, he didn't have the balls to offer the bet."

[Kaiser Zoso]

Is it? Maybe Darbs_ might not have to weigh in on Christmas Eve after all

[goose]

"I didn’t say that, I asked you which fundamentals drive the price. An easy question you’ve just avoided answering."

[BRANDED]

One absolute is it’s down 13% in the last 24 hours. I’m guessing some people got itchy fingers.

[Vexed]

"Come back when you have. Until then, be aware that you were wrong to say cryptos have no fundamentals. They do."

[goose]

"Maybe I will. Or you could just answer the question, when you look at your crypto trading account on a Monday morning and deciding where the price is going to go - which fundamentals are you taking into account which will move the price?"

[Vexed]

"I'd start with tokenomics. As I say, read a book."

[goose]

Such as?

[Vexed]

"Some similar to your traditional broken shares, some specific to crypto. Read a book Goose. I'm not here to educate you."

[goose]

Which fundamentals drive the price of BTC then vexed?

[Vexed]

The 'no fundamentals' thing is a load of old pony too.

[BRANDED]

"Elon Musk is no longer the world‚Äôs richest person after Tesla shares slid, wiping $15.2 billion from his net worth. ?üòâ"

[Capitol Man]

"Darby_ 5:14 Mon Feb 22 Re: Bitcoin And the reality is that Bitcoin is going to get traded on sentiment - there's no fundamentals on it. I think someone else, maybe vexed, suggested you could effectively transact on technical analysis - the issue with that is that as an individual investor you can't match the algorythmns and transaction speed that the big shops are going to bring to bear. Having said that if you can afford it then it's a bit of fun to throw some money at."

[mashed in maryland]

"Darby_ 5:14 Mon Feb 22 The ""experts"" you mention are often fully involved."

[mashed in maryland]

"Darby_ 5:14 Mon Feb 22 The ""experts"" you mention are often fully involved."

[Vexed]

"Yeah, got some ugly looking breaks in play as of today. Just a matter of waiting it out for a few days I think. Monero is especially ugly today."

[Cheezey Bell-End]

"Could have done without it dumping this afternoon, but I still have more than double what I had at new year. I'm hoping to double it again by the end of March."

[Vexed]

You get the sense that Darby is absolutely gutted about this crypto thing don't you? Pay up you fucking lowly worm.

[Cheezey Bell-End]

LINK is worth much more now than at any time in 2018. It's currently about 50x it's 2018 peak.

[Darby_]

There we go: https://www.cnbc.com/amp/2018/08/20/after-the-bitcoin-boom-hard-lessons-for-cryptocurrency-investors.html