Off Topic Does anybody understand bitcoin?

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Bitcoin is up 46% since January 1st.

I think I'm going to dabble in a few alt coins. Probably XRP and Ada.
 
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That article is probably of some interest to the layperson but most of us on this Forum would undoubtedly benefit from something of a more academic nature.




Jus' sayin'.
Quite
We’re often in Gemmell’s analysing Bayesian neural networks, and whether they affect the success of three up front, and of course the standard pub activity of chatting **** about Nakamoto’s systematic structural specification.

Tell us something we don’t know
 
Bitcoin this afternoon has hit a all tike high of $20,800.

By this time next year it'll have hit between $80,000 and $100,000.
 
Hope you sold up. Football Index has bombed in the last 4-5 weeks

Don't know much about Bitcoin but I have made good money investing/betting on the Football Index.

Was drip feeding small deposits for a few months then last May I thought **** it and stuck in, what for me, is a fairly substantial amount.

Doubled my money since then.

With the piss poor returns you currently get on savings and investments can only see more and more people looking at alternative ways to make a bit of money.
 
I'm not in Bitcoin. But I do have a stash of alt coins.

Probably sell around this time next year.

I've got bitcoin and Ethereum, bought very early on so I'll just keep sitting on mine, I think there will be a correction soon, but long term only one way
 
I've got bitcoin and Ethereum, bought very early on so I'll just keep sitting on mine, I think there will be a correction soon, but long term only one way

You set yourself a "get out" rate? It has to bomb sometime...bit like KC shares - choose your moment and dont have the "if only" regrets
 
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You set yourself a "get out" rate? It has to bomb sometime...bit like KC shares - choose your moment and dont have the "if only" regrets

I've nothing set, with the way things are going recently with bitcoin now being used to pay approx 50% of an NFL players contract and more sports players wanting the same. Add to that musks renewed interest in Tesla/space X and bitcoin investment, I just don't see anything but it going one way ( with corrections dropped in along the way, but blips rather then long term drops )

I'm still investing in it monthly and will continue to do so
 
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I've nothing set, with the way things are going recently with bitcoin now being used to pay approx 50% of an NFL players contract and more sports players wanting the same. Add to that musks renewed interest in Tesla/space X and bitcoin investment, I just don't see anything but it going one way ( with corrections dropped in along the way, but blips rather then long term drops )

I'm still investing in it monthly and will continue to do so
Musk mentioned Dogecoin and suddenly it's up massively.
I hold Ve Chain, Chainlink and Bitcoin .
It's a strangely thing and the fluctuations are wild at times
 
Immense amount of noise around Bitcoin at the moment. Just tread carefully and keep
A close eye. Signs are saying major correction incoming so money to be made if done correctly. If your hairdresser/granny is discussing then red flags being raised. If you have decent profit I would be tempted to take it. Doesn’t matter if it still goes up as you have made profit. Thats the point of investing. Greed and hoping to sell at a high leads to lost fortunes and profits. Be careful out there people
 
Immense amount of noise around Bitcoin at the moment. Just tread carefully and keep
A close eye. Signs are saying major correction incoming so money to be made if done correctly. If your hairdresser/granny is discussing then red flags being raised. If you have decent profit I would be tempted to take it. Doesn’t matter if it still goes up as you have made profit. Thats the point of investing. Greed and hoping to sell at a high leads to lost fortunes and profits. Be careful out there people

Great advise! And way to many people don't think this way. A lot depends on the investors appetite for risk and wether or not they are trying to become well off over night ( which hardly ever works ) or they are looking for long term investment gains. The boom over the last year in day traders is a little worrying as most don't really understand what they are doing