Yeah, I got out with a 4000% return on investment over 5 years. Admittedly, that was never my expectation - nor was rampant speculation part of what I bought into. I was looking for further uptake of crypto for the greater good and a more controlled appreciation of that capital sum. That's the progression that I'm still looking for.I note that tecate has 100% thrown in the towel, elac has done so 99% and even the B/S has got offside to the tune of 80%.
Online discussions like this one are not about winning an argument for me - it's about learning from others - so no problem with you making that point. I've no doubt that discussion here helps me to arrive at decisions - alongside discussions elsewhere. Oftentimes, it's far healthier to discuss such a topic where there are a significant number of contributors of an opposing view as opposed to other spaces where group think can set in.It is nice to think that these pages have convinced at least some of our fallen brethren of the error of their ways
It depends on what you mean by 'take the plunge'. Whilst I got caught up in it, I never really got into this for the rabid speculation that followed. BTC isn't really a classic investment per se - or if it is, then it's a high risk one.On the other hand I don't think anyone who has dipped into the discussion will have been encouraged to take the plunge.
save for two coins.
For the 359th time, they are worth nothing.
Why are you holding onto something which is worth nothing, which you could sell for $16,000?
It is nice to think that these pages have convinced at least some of our fallen brethren of the error of their ways
On a serious note, back in early December, I gave a detailed explanation of my selling strategy - at which point, I had already sold c. 80% of my total bitcoin holding. Since then, I said sayonara to the remaining 20% - save for two coins.
Eh!? Britain is not in the euro, never was. "Successful" Brexit might restore some of the pummelling that the £ has suffered. In any case Brexit is at least 3 years away and by then according to Mr Twitter the international community will be well on its way to ditching the $, €, £, Yen, Yuan, Rouble, Swiss Franc, Zimbabwean Dollar etc. etc. and replacing them with bitcoin.Should Brexit be successful i would expect that to hurt people's confidence in the Euro.
And, Duke are watching, he is an economist!
Yet again, my mind is well and truly boggled.
I'll ask again: what do you mean when you use the terms "value" and "worth"?
Of course the main takeaway from the bitcoin threads is that those of us who understand that bitcoin is worthless gained nothing by that understanding.
Duke and I spread bet on Bitcoin to fall.
I learnt a lot about the madness of crowds.
Ahem. Duke and I spread bet on Bitcoin to fall. We have not made the millions that the others have made, but we can at least buy a few pints.
And it's not limited to financial gain. I learnt a lot about the madness of crowds.
Brendan
EVERYONE IS A WINNER!!
It's a crying shame that the banks didn't step in and prevent BB from handing over money to Betfair - like they have with potential bitcoin purchasersI was glossing over what I am sure was a temporary fall from grace into the sordid world of gambling.
For the 359th time, they are worth nothing........Why are you holding onto something which is worth nothing, which you could sell for $16,000?
Are you implying that Bitcoin will be a 'safe haven'?? If so, [ I politely disagree with you]Not just the euro currency by also the EU project itself.
There'll be a lot of people looking to safe havens if that project begins to unwind.
Bitcoin is on the radar now.
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