Off Topic Does anybody understand bitcoin?

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Posintilclosin said:
True. You can either own it physically and pay for storage or hold it yourself. You can also trade electronically on both physical amounts and the movement of the price. You can actually go to a mine and buy it in its dore form but really not recommended!
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Do you need a Davy lamp when you go to the mine?
 
Both Bitcoin and Ethereum hitting all time high in the past day or so.

I've got into staking a few months ago through the Avalanche network. I'm staking PNG and Lydia. The current yearly APY is 274.95% per $1000 of Lydia per year.

I think where into the last few months of the bull run. I can see Bitcoin hitting it's all time high for this cycle around Christmas and alts in January.
 
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FLG said:
Had the same thought earlier myself actually.
I'll see what IG come back with and perhaps do it through etoro as I'm using money scalped from crypto gains rather than introducing new money.
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Did you have any luck with IG
 
Yep.
Just had to answer a few questions to determine my level of understanding of complex investment and leveraged trades / cfd and otc trading, none of which I'm interested in anyway.
They then lifted the trading restriction on my account.
 
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Take your profits while there is some available boys !

"Bitcoin and cryptocurrency prices have fallen sharply, wiping around $300 billion worth of value from the combined crypto market in just two days.

The bitcoin price dropped to around $51,000 per bitcoin after trading around $69,000 just weeks ago—a fall of almost 30%. The latest move lower has seen other major cryptocurrencies, including ethereum, Binance's BNB, solana, cardano and Ripple's XRP, each lose almost 10% in just 24 hours.

The sudden bitcoin and crypto sell-off, coming alongside some serious stock market declines, follows a warning made by famed investor Louis Navellier that widely-expected Federal Reserve "tapering" could burst the bitcoin and crypto bubble."
 
philhul said:
Take your profits while there is some available boys !

"Bitcoin and cryptocurrency prices have fallen sharply, wiping around $300 billion worth of value from the combined crypto market in just two days.

The bitcoin price dropped to around $51,000 per bitcoin after trading around $69,000 just weeks ago—a fall of almost 30%. The latest move lower has seen other major cryptocurrencies, including ethereum, Binance's BNB, solana, cardano and Ripple's XRP, each lose almost 10% in just 24 hours.

The sudden bitcoin and crypto sell-off, coming alongside some serious stock market declines, follows a warning made by famed investor Louis Navellier that widely-expected Federal Reserve "tapering" could burst the bitcoin and crypto bubble."
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I took all my bitcoin, Ethereum and ALTs out about a week ago... I'll stick it all back in again once the real dip hits
 
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Just seen on BBC the program about GameStop, the share price had dropped to $3 and the big players were short selling and driving the price even lower then a social media thing got loads of small time players to buy in, they drove the price to over $300.
 
balkan tiger said:
Just seen on BBC the program about GameStop, the share price had dropped to $3 and the big players were short selling and driving the price even lower then a social media thing got loads of small time players to buy in, they drove the price to over $300.
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My youngest made around £15k joining in.
 
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