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Wymsey

Cryptocurrency

By Wymsey, in General Chat

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kenny

kenny

Posted
Posted
Just now, Adster said:

Yep definitely isn't the easiest if the coin isn't listed on major exchanges. But that'll come for $STRX soon. 

 

Feel free to hit me up if you need any assistance if you're gonna invest :thumbup:

Many thanks!

ozleicester

ozleicester

Posted
Posted
On 09/12/2021 at 20:16, I am Rod Hull said:

I thought capitalism was a cult? ;)

Sorry mised this...

One of the reasons i chose to "invest" in Bitcoin is its ability to break the cartels of the banks and the governments reliance on criminal capitalist scum.

The bastards in banks and government that ruined the lives of millions in 2008 just for greedy $$$ will struggle to control crypto and the freedoms it brings

  • Like 2
  • Haha 1
Paninistickers

Paninistickers

Posted
Posted
On 26/12/2021 at 11:30, ozleicester said:

Sorry mised this...

One of the reasons i chose to "invest" in Bitcoin is its ability to break the cartels of the banks and the governments reliance on criminal capitalist scum.

The bastards in banks and government that ruined the lives of millions in 2008 just for greedy $$$ will struggle to control crypto and the freedoms it brings

Bit of an amateur question this, but although I like the idea of money  being taken away from manipulation by governments and elite wealth....if crypto usurped the system, how would it affect my pension savings amd investments?

 

Will.fund managers simply 'follow the money' and invest in crypto or will conventional money markets be wiped out?

ozleicester

ozleicester

Posted
Posted
10 hours ago, Paninistickers said:

Bit of an amateur question this, but although I like the idea of money  being taken away from manipulation by governments and elite wealth....if crypto usurped the system, how would it affect my pension savings amd investments?

 

Will.fund managers simply 'follow the money' and invest in crypto or will conventional money markets be wiped out?

I really cant answer that. I assume managers are already investing.

I guess that crypto will become ubiquitous but who knows what happens next

whoareyaaa

whoareyaaa

Posted
Posted (edited)
10 hours ago, Paninistickers said:

Bit of an amateur question this, but although I like the idea of money  being taken away from manipulation by governments and elite wealth....if crypto usurped the system, how would it affect my pension savings amd investments?

 

Will.fund managers simply 'follow the money' and invest in crypto or will conventional money markets be wiped out?

JP Morgan one of the biggest investment banks in the US allows its customers to purchase bitcoin and other crypto.

 

Imo I don't think it will replace conventional money markets more run along side them like the stock market.

Edited by whoareyaaa
  • Thanks 1
leicsmac

leicsmac

Posted
Posted

The good:

 

- it takes some semblance of power away from those who have too much as it is.

 

The bad:

 

- it then gives power to those who may abuse it anyway

 

- it interferes with supply chains of resources including graphics cards and artificially fvcks the economy for those, creating a class system of its own

 

- related to the above, it's an environmental nightmare in terms of carbon emissions used to generate power and rare metals needed for the parts that drive it.

 

- it can be manipulated by the powerful just like any other market.

 

I'm actually not sure what side of the ledger I come down on even after crypto has been a thing for a while but I'm leaning towards not liking it.

  • 2 months later...
  • 1 month later...
Zear0

Zear0

Posted
Posted

It'll no doubt recover, but given the who system is essentially a pyramid scheme, things like this are inevitable.

FoxSince88

FoxSince88

Posted
Posted (edited)
8 minutes ago, yorkie1999 said:

Why’s all the young lads at work moaning?

A crypto wallet of Luna worth £4000 a week ago is now around £20 worth 😩

Edited by FoxSince88
Miss spelling
  • Haha 1
bmt

bmt

Posted
Posted

I used to have a fair bit of LUNA but sold it before it really took off. Quite glad in hindsight because I would have been looking at a very large loss and my finances definitely couldn't take it.

 

Avoiding crypto for a bit (and other investments) as I don't think the market is going to recover anytime soon.

Raj

Raj

Posted
Posted

Never trusted this sh1t and glad I never invested.

One golden rule confirmed for me. NEVER invest in some6 you dont understand and might seem a fad.

  • Like 2
whoareyaaa

whoareyaaa

Posted
Posted (edited)

Bleeding.. get some APE

 

That Luna crash 99% was due to the way it was pegged with UST.

 

The BAYC growth has been great to watch, you could have bought a bored ape NFT for $300 in April 21 now worth $175,000 plus they gave anyone with one 10,000 free coins currently worth £80,000 and a plot of land which is probably worth 50k.

Edited by whoareyaaa
Raj

Raj

Posted
Posted
1 hour ago, whoareyaaa said:

Bleeding.. get some APE

 

That Luna crash 99% was due to the way it was pegged with UST.

 

The BAYC growth has been great to watch, you could have bought a bored ape NFT for $300 in April 21 now worth $175,000 plus they gave anyone with one 10,000 free coins currently worth £80,000 and a plot of land which is probably worth 50k.

I have no idea what your going on about🤣🤣🤣

  • Haha 1
yorkie1999

yorkie1999

Posted
Posted
2 hours ago, Raj said:

Never trusted this sh1t and glad I never invested.

One golden rule confirmed for me. NEVER invest in some6 you dont understand and might seem a fad.

I've never invested in it, it's all a bit complicated, but i've got 5 bitcoins from when it started that you got for free to mess about with the mining stuff.

  • Haha 1
Daggers

Daggers

Posted
Posted
13 hours ago, Raj said:

I have no idea what your going on about🤣🤣🤣

Be fair, that applies to almost everything in life, not just this crypto boll0x.

  • Haha 1
Strokes

Strokes

Posted
Posted

A lad I work with/for has lost thousands, he has been banging on about it for 18 months talking like he is some kind of insider. 
I know I shouldn’t take any pleasure but I can’t help it 😂 

  • Haha 1
weller54

weller54

Posted
Posted
19 minutes ago, Strokes said:

A lad I work with/for has lost thousands, he has been banging on about it for 18 months talking like he is some kind of insider. 
I know I shouldn’t take any pleasure but I can’t help it 😂 

Is he a Tottenham supporter as well?

yorkie1999

yorkie1999

Posted
Posted
37 minutes ago, Strokes said:

A lad I work with/for has lost thousands, he has been banging on about it for 18 months talking like he is some kind of insider. 
I know I shouldn’t take any pleasure but I can’t help it 😂 

Springs to mind

download.jpg

ozleicester

ozleicester

Posted
Posted
13 hours ago, yorkie1999 said:

I've never invested in it, it's all a bit complicated, but i've got 5 bitcoins from when it started that you got for free to mess about with the mining stuff.

umm... thats around $200,000 worth (today) isnt it?
 

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