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Off Topic Does anybody understand bitcoin?

Discussion in 'Hull City' started by Plum, Jan 10, 2018.

  1. tigerscanada

    tigerscanada Well-Known Member

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    Not to be confused with food for "Deep throat" should anyone recall that.:emoticon-0100-smile
    I suppose it could be another way of describing an avenue to getting screwed ?
     
    #501
    Last edited: Sep 25, 2023
    TwoWrights likes this.
  2. dennisboothstash

    dennisboothstash Well-Known Member

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    Not sure you’d call it food?
    Deep Thought obviously used a lot of energy, as any supercomputer running for 7.5 million years to come up with an answer would, but I wouldn’t really call that ‘food’
    Anyway… Don’t Panic
     
    #502
    balkan tiger likes this.
  3. originallambrettaman

    originallambrettaman Mod Moderator
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    Out of interest, what's this worth now?
     
    #503
  4. tigerscanada

    tigerscanada Well-Known Member

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    I gave up panicking when I realized I'd never sell the 100 hectares of swampland I purchased in Florida over 40 years ago. <doh>
     
    #504
  5. Amin Yapusi

    Amin Yapusi Well-Known Member

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    Selling NFT’s if anyone wants any.
     
    #505
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  6. TheCasual

    TheCasual Well-Known Member

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    Down, but I don't expect it to be profitable until the Bitcoin halvening in April next year.
     

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    #506
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  7. TwoWrights

    TwoWrights Well-Known Member

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    NFC*.

    (*No ****ing chance) :emoticon-0125-mmm:


    The views expressed in my posts are not necessarily mine.
     
    #507
    Cityzen likes this.
  8. FLG

    FLG Well-Known Member

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    I see bitcoin is on the march and dragging others up with it.
    Good chance to take some old positions off the table as they turn from red to green.
    Keeping a few though.
    I'm liking semiconductors right now.
     
    #508
    Sir Cheshire Ben likes this.
  9. Sir Cheshire Ben

    Sir Cheshire Ben Well-Known Member

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    I made some purchases a few days ago.
     
    #509
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  10. Edelman

    Edelman Well-Known Member

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    Looks like the approval of a Bitcoin etf might be helping drive it
     
    #510

  11. GageBooth

    GageBooth New Member

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    It's always exciting when Bitcoin starts its upward march and brings other cryptocurrencies along for the ride. Taking profits when you notice your investments turning from red to green is a savvy move, and it can help you manage your risk and capital effectively.Holding onto a few positions, even when you're trimming others, is a smart strategy for long-term growth potential. It's a way to ride the crypto waves while still securing some stability.If you're interested in exploring more about cryptocurrency trading and investment strategies, you might want to check out https://quantumaitrading.net/. They offer insights and tools that can be valuable for navigating the crypto landscape.
     
    #511
    Last edited: Oct 30, 2023
  12. TheCasual

    TheCasual Well-Known Member

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    We're in profit <party>
     

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    #512
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  13. Amin Yapusi

    Amin Yapusi Well-Known Member

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    I’d cash out now
     
    #513
  14. robingram02

    robingram02 Well-Known Member

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    Not strictly cryptocurrency, but I recommend a film called dumb money. Based on a relatively recent real life story which I read at the time when a small time trader got loads of other people to back game store, basically the equivalent of cex over here, and take on hedge funds etc. I really enjoyed it.
     
    #514
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  15. Edelman

    Edelman Well-Known Member

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    Oooh ooh I ain't checked my Crypto accounts for months I just left them hoping for a rebound
     
    #515
  16. Edelman

    Edelman Well-Known Member

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    Interesting reading about the Halving :emoticon-0164-cash:.
    It could well propel it like it did in 2020 .
    Gonna keep my eye on it and might buy some price weakness .
    Chain link has burst out this week .
     
    #516
  17. Gone For A Walk

    Gone For A Walk Well-Known Member

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    Only a profit if you actually sell, otherwise it's theoretical. And at this point the 'investment' would have yielded more elsewhere, with zero risk.
     
    #517
  18. Howdentiger2

    Howdentiger2 Well-Known Member

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    Like?
     
    #518
  19. Edelman

    Edelman Well-Known Member

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    That's when the mentality shifts .
    When you buy and say it goes up 100% at least taking half out is the logical idea .
    But once it doubles the mind thinks what if it doubles again .
    You win,you lose .
    A 10 pound investment in Microsoft on IPO day is now worth £3 . 5 million pounds .
    That would take some massive nerve to constantly hold.
     
    #519
  20. SydneyTiger14

    SydneyTiger14 Well-Known Member

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    Nothing yields more with zero risk, that's the entire point of earning a return. It's reflective of the risk of the investment.
     
    #520

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