Suspect Device Posted January 5, 2023 Share Posted January 5, 2023 19 hours ago, PossilYM said: I got left a 1000 Royal Bank shares in 2006. Cashed them in right away because i was skint. Got between 5K and 6K for them. Two years later they were worth 22p each. Nice timing. RBS (Natwest now) is back to £2.72 at the moment so if you'd bought at 22p........ Similarly I sold BP about a month before the gulf of Mexico disaster. Just pure luck. 1 Quote Link to comment Share on other sites More sharing options...
Michael W Posted January 5, 2023 Share Posted January 5, 2023 (edited) 37 minutes ago, Suspect Device said: Nice timing. RBS (Natwest now) is back to £2.72 at the moment so if you'd bought at 22p........ Similarly I sold BP about a month before the gulf of Mexico disaster. Just pure luck. They revalued their shares a while back where 10 shares were swapped for 1 at 10x the price. So that £2.72 is really the equivalent of 27.2p. A shrewd move to sell. I was eying them in the 22p or maybe even lower days thinking I could make a killing out them when they recovered. Glad I didn't as they never have! Edited January 5, 2023 by Michael W 2 Quote Link to comment Share on other sites More sharing options...
Suspect Device Posted January 5, 2023 Share Posted January 5, 2023 8 minutes ago, Michael W said: They revalued their shares a while back where 10 shares were swapped for 1 at 10x the price. So that £2.72 is really the equivalent of 27.2p. A shrewd move to sell. I was eying them in the 22p or maybe even lower days thinking I could make a killing out them when they recovered. Glad I didn't as they never have! Cheers for the info. I never knew about the share swop, just looked at the price today. I've not held them for years. I've never held any crypto and don't think I ever will now. I had thought about it in 2013 but never took the plunge. Mainly the old adage, never invest in things you don't understand. 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted January 5, 2023 Share Posted January 5, 2023 23 minutes ago, Suspect Device said: Cheers for the info. I never knew about the share swop, just looked at the price today. I've not held them for years. I've never held any crypto and don't think I ever will now. I had thought about it in 2013 but never took the plunge. Mainly the old adage, never invest in things you don't understand. So no shares in Aberdeen FC then? 0 Quote Link to comment Share on other sites More sharing options...
Suspect Device Posted January 5, 2023 Share Posted January 5, 2023 5 minutes ago, Granny Danger said: So no shares in Aberdeen FC then? 1. Worthless and priceless at the same time. 2 Quote Link to comment Share on other sites More sharing options...
Melanius Mullarkey Posted January 5, 2023 Share Posted January 5, 2023 Just as well Pele is not here to read this chat. 0 Quote Link to comment Share on other sites More sharing options...
iron mike python Posted March 17, 2023 Share Posted March 17, 2023 Arbitrum are Airdropping ARB token next Thursday, if you have used the Arbitrum L2 you will probably be elligible for some. I'm elligible for 7000 we will have to wait and see what they are worth. 0 Quote Link to comment Share on other sites More sharing options...
topcat(The most tip top) Posted June 10, 2023 Share Posted June 10, 2023 On 14/12/2022 at 10:40, ICTChris said: Binance are also under investigation by the US authorities for money laundering and sanction evading. And that investigation seems to have finally borne fruit The Securities and Exchange Commission in the us are taking both Binance and Coinbase to court and payment services providers have responded by suspending services with Binance US so can’t currently support cash transactions. They can trade their casino chips for other chips but they can’t actually cash out Patrick Boyle’s video on this is quite good. At the end he argues counterintuitively that SEC should probably stay away from regulating crypto because being regulated would put a veneer of respectability on the whole thing and that any regulatory regime should be more akin to that for gambling right at the start of this thread there were questions about whether it belonged on the gambling forum. Maybe the debate is about to catch up with P&B 0 Quote Link to comment Share on other sites More sharing options...
Shandon Par Posted June 14, 2023 Share Posted June 14, 2023 Spotted this when out and about last night.. 4 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted August 10, 2023 Share Posted August 10, 2023 I have to give crypto some credit. Most Ponzi schemes have collapsed by now. 1 Quote Link to comment Share on other sites More sharing options...
arab_joe Posted August 11, 2023 Share Posted August 11, 2023 The only good thing that I have found about crypto, is the "Missing Crypto Queen" podcast from the BBC (link). A riveting, if absolutely demoralising, story about a charlatan stealing millions from gullible, uneducated investors all over the world. She is now reportedly hiding out in Dubai (shock horror...). Well worth a listen. As for investing in the stuff? I'll leave that to the experts... I bought a few hundred dollars of BTC once, many years ago, but it jumped up and down so far each day that it didn't really feel like an investment at all and I sold it a couple of weeks later. 1 Quote Link to comment Share on other sites More sharing options...
Cardinal Richelieu Posted August 11, 2023 Share Posted August 11, 2023 1 hour ago, arab_joe said: The only good thing that I have found about crypto, is the "Missing Crypto Queen" podcast from the BBC (link). A riveting, if absolutely demoralising, story about a charlatan stealing millions from gullible, uneducated investors all over the world. She is now reportedly hiding out in Dubai (shock horror...). Well worth a listen. As for investing in the stuff? I'll leave that to the experts... I bought a few hundred dollars of BTC once, many years ago, but it jumped up and down so far each day that it didn't really feel like an investment at all and I sold it a couple of weeks later. Aye, that Cryptoqueen podcast is excellent (it's also available on Spotify for those outside the UK). Only slightly annoying thing about its sporadic releases (the last one - 22nd December - promised of imminent new revelations and that was 9 months ago). Tbf, they only release episodes when they have enough news, so at least they're not releasing shite just for the sake of it, but the story is genuinely mysterious and riveting (and ongoing). 0 Quote Link to comment Share on other sites More sharing options...
arab_joe Posted August 18, 2023 Share Posted August 18, 2023 On 11/08/2023 at 11:31, Cardinal Richelieu said: Aye, that Cryptoqueen podcast is excellent (it's also available on Spotify for those outside the UK). Another very good podcast along a similar vein is CBC's "The Naked Emperor" about the meteoric rise and spectacular fall of Sam Bankman-Fried, the CEO of FTX. Well worth a listen. Link In other news, I am absolutely shocked to see that the value of some "Bored Ape" NFTs appear to be worth a very small fraction of what some people have paid for them (although the most shocking line of the article must be that people are still paying $50,000 (!) for these things). CNN article 1 Quote Link to comment Share on other sites More sharing options...
beefybake Posted August 18, 2023 Share Posted August 18, 2023 On 10/08/2023 at 19:01, Granny Danger said: I have to give crypto some credit. Most Ponzi schemes have collapsed by now. Tbf.., Bernie madeoff with lots of money before the house of cards collapsed. 0 Quote Link to comment Share on other sites More sharing options...
ICTChris Posted November 3, 2023 Share Posted November 3, 2023 SBF guilty. He'll be in jail for a long time. 0 Quote Link to comment Share on other sites More sharing options...
PWL Posted November 3, 2023 Share Posted November 3, 2023 28 minutes ago, ICTChris said: SBF guilty. He'll be in jail for a long time. Hopefully not ....I have him in my Deadpool. 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted November 3, 2023 Share Posted November 3, 2023 2 hours ago, ICTChris said: SBF guilty. He'll be in jail for a long time. No wonder this thread's gone quiet. On 14/03/2021 at 16:17, Fraser Fyvie said: I am balls deep in FTT now, rumours they are signing a sponsorship deal with Miami Heat's arena, and possibly launching a sportsbook. BNB did a 10x in 3 months from 30$ (for different reasons, but still..). FTT sitting at 40$ looks ready to moon. On 15/03/2021 at 23:09, Fraser Fyvie said: When she hears you're buying spot FTT to use as collateral to lever up on futures FTT and using the profits to buy more spot FTT... 3 Quote Link to comment Share on other sites More sharing options...
ICTChris Posted November 3, 2023 Share Posted November 3, 2023 0 Quote Link to comment Share on other sites More sharing options...
Lex Posted November 4, 2023 Share Posted November 4, 2023 The biggest scam in history. Remarkably, there are still people falling for it. 1 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted November 4, 2023 Share Posted November 4, 2023 With apologies to Pete Seeger. Where have all the cryptos gone? Long time passing. Where have all the cryptos gone? Long time ago. Where have all the cryptos gone? Sam has fucked them every one. Oh, When will you ever learn? Oh, When will you ever learn? 1 Quote Link to comment Share on other sites More sharing options...
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