topcat(The most tip top) Posted September 28, 2022 Share Posted September 28, 2022 5 minutes ago, iron mike python said: Does anybody in this thread have an urge to buy USD Stable Coins or Bitcoin/ Ethereum at this point in time to hedge against the drop in GBP? I know the majority feeling in this thread is negative towards digital assets (since it got moved to General Nonsense) but doesn't even 1% of your body feel like you should hedge? Were I fortunate enough to be sitting on large sums of liquid cash in GBP I'd probably want to diversify but I still don't see why I'd buy a USD stable coin instead of USD itself. It would be like buying casino tokens for a casino I don't fancy playing in 10 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted September 28, 2022 Share Posted September 28, 2022 I bought a load of Euros on my Revolut card when Truss looked like winning, market rate, no charges and pretty well instant. I really got the Revolut card for the technology though, I won't be selling it. 2 Quote Link to comment Share on other sites More sharing options...
NorthernLights Posted October 3, 2022 Share Posted October 3, 2022 Quote Kim Kardashian has been charged by the US Securities and Exchange Commission for advertising EthereumMax on her Instagram page. The reality-TV star had received $250,000 (£223,000) for advertising the cryptocurrency, without disclosing she had been paid to do so, the SEC said. Ms Kardashian has agreed to pay $1.26m in penalties. She has also agreed not to promote any crypto asset securities for three years. https://www.bbc.co.uk/news/technology-63116235 0 Quote Link to comment Share on other sites More sharing options...
mrcat1990 Posted October 4, 2022 Share Posted October 4, 2022 On 28/09/2022 at 14:38, iron mike python said: Does anybody in this thread have an urge to buy USD Stable Coins or Bitcoin/ Ethereum at this point in time to hedge against the drop in GBP? I know the majority feeling in this thread is negative towards digital assets (since it got moved to General Nonsense) but doesn't even 1% of your body feel like you should hedge? With exchange/swap fees along with the usual ETH gas tax I doubt will be that successful a hedge. Worth digging though. 0 Quote Link to comment Share on other sites More sharing options...
Sergeant Wilson Posted October 4, 2022 Share Posted October 4, 2022 6 minutes ago, mrcat1990 said: With exchange/swap fees along with the usual ETH gas tax I doubt will be that successful a hedge. Worth digging though. Aye...I think. 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted October 4, 2022 Share Posted October 4, 2022 22 minutes ago, Sergeant Wilson said: Aye...I think. I think he might be talking about Brechin's prospects of promotion this year, pretty good but I don't think anyone's taking bets on it. 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted October 5, 2022 Share Posted October 5, 2022 1 hour ago, markdis said: Anyone still investing in crypto? I am minus 8k in total and not sure that it makes much sense to spend money on crypto market. Would like to hear some different opinions I can offer you a great opportunity in magic beans. You will recoup your losses in no time. PM me if you want more details. 0 Quote Link to comment Share on other sites More sharing options...
iron mike python Posted October 6, 2022 Share Posted October 6, 2022 13 hours ago, markdis said: Anyone still investing in crypto? I am minus 8k in total and not sure that it makes much sense to spend money on crypto market. Would like to hear some different opinions There are 2 narratives just now- 1. All financial markets are behaving erratically just now. How can you predict what is going to happen? 2. Historically the Bitcoin Bottom has been around the Bitcoin top of the previous cycle. Is it a better opportunity to buy now than a year ago? I'm slowly moving from USDC back into ETH, LINK and BTC but I wouldn't advise anyone to copy me. 0 Quote Link to comment Share on other sites More sharing options...
Sergeant Wilson Posted October 16, 2022 Share Posted October 16, 2022 3 minutes ago, robcameron said: I used to be very negative about bitcoin and cryptocurrency because I didn't quite understand them It's dead easy. Just read back on here, you can't go wrong. 3 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted October 16, 2022 Share Posted October 16, 2022 7 minutes ago, robcameron said: I used to be very negative about bitcoin and cryptocurrency because I didn't quite understand them That's the scam, invent a load of jargon to persuade people it's complicated and you have to take the advice from clever people if you don't want to be left behind while they make millions, mostly from mugs like you. 4 Quote Link to comment Share on other sites More sharing options...
falkirkthebigclub Posted October 16, 2022 Share Posted October 16, 2022 41 minutes ago, robcameron said: I used to be very negative about bitcoin and cryptocurrency because I didn't quite understand them Took me a while to realise the only commodity was the transaction itself. Once I grasped this, I thanked f**k I'd never gotten involved. 2 Quote Link to comment Share on other sites More sharing options...
topcat(The most tip top) Posted October 16, 2022 Share Posted October 16, 2022 44 minutes ago, robcameron said: I used to be very negative about bitcoin and cryptocurrency because I didn't quite understand them presumably the punchline is going to be “now I’m very negative about them because I do understand them” 0 Quote Link to comment Share on other sites More sharing options...
Bairnardo Posted October 16, 2022 Share Posted October 16, 2022 You lads conversing with a bot in here now? 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted October 16, 2022 Share Posted October 16, 2022 3 minutes ago, Bairnardo said: You lads conversing with a bot in here now? You're a bot. 0 Quote Link to comment Share on other sites More sharing options...
topcat(The most tip top) Posted October 21, 2022 Share Posted October 21, 2022 (edited) At least someone's making money from Crypto There's a bitcoin conference in the assembly rooms Edinburgh this weekend for £150/head I saw a half price flier in the sandwich shop this morning Edited October 21, 2022 by topcat(The most tip top) 1 Quote Link to comment Share on other sites More sharing options...
iron mike python Posted October 25, 2022 Share Posted October 25, 2022 I see Reddit Avatars are now trading at high Prices. One avatar sold for 24,000 USD (18 ETH) It is funny how simple rebranding (not calling them NFTS) makes people feel more comfortable. 0 Quote Link to comment Share on other sites More sharing options...
SweeperDee Posted October 25, 2022 Share Posted October 25, 2022 Mortgage the house, put it all in crypto. That’s all you need to do. 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted October 25, 2022 Share Posted October 25, 2022 2 hours ago, iron mike python said: I see Reddit Avatars are now trading at high Prices. One avatar sold for 24,000 USD (18 ETH) It is funny how simple rebranding (not calling them NFTS) makes people feel more comfortable. Damn, I hate it how people getting lucky always makes me feel like a loser. These Avatar guys must really know how to promote their shit! 0 Quote Link to comment Share on other sites More sharing options...
topcat(The most tip top) Posted November 9, 2022 Share Posted November 9, 2022 (edited) If you were waiting for a dip, Now's your time The Binance exchange has just killed rival FTX by the somewhat risky method of pointing out that many of FTX's assets were in it's own coin and weren't really worth anything creating a run on the exchange That's the simplified version. The full story will be a book Edited November 9, 2022 by topcat(The most tip top) 1 Quote Link to comment Share on other sites More sharing options...
KD1711 Posted November 9, 2022 Share Posted November 9, 2022 35 minutes ago, topcat(The most tip top) said: If you were waiting for a dip, Now's your time The Binance exchange has just killed rival FTX by the somewhat risky method of pointing out that many of FTX's assets were in it's own coin and weren't really worth anything creating a run on the exchange That's the simplified version the full story will be a book I am reading that people are selling their FTX deposits for 5 cents on the dollar, madness. 0 Quote Link to comment Share on other sites More sharing options...
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