Crypto currency (IF banned from CA)

[Tommy.]

We're not an "investing company". I work in legal. We set up an investment company vehicle (outside the UK) to do our investment

Also I can use whatever term I like. It's a statement of fact it was our "initial input" on the Bitcoin investment. Why would I describe it otherwise? I'm not in a banking or finance forum

Because it's basic investing parlance!

Same as investing through peaks and dips consistently is basic long-term investing behavior, another thing you didn't have a clue about.

This is child's play mate.

 

[Efcjake]

Yo Jake

Yo c Man. Hope you're doing well pal

 

[Efcjake]

Because it's basic investing parlance!

Same as investing through peaks and dips consistently is basic long-term investing behavior, another thing you didn't have a clue about.

This is child's play mate.

He's got to go get a brew on for the barristers

 

[Tommy.]

"I work in legal" ffs.

 

[Damo_1878]

Because it's basic investing parlance!

Same as investing through peaks and dips consistently is basic long-term investing behavior, another thing you didn't have a clue about.

This is child's play mate.

Jesus wept how many times. I don't specialise in Investments. I work in legal.

We simply set up a company vehicle in Europe to do and hold our investment

Sorry to disappoint you

 

[Damo_1878]

"I work in legal" ffs.

I do.

I've done lots of things in my time. Lots and lots of things

 

[Tommy.]

He's got to go get a brew on for the barristers

I'm waiting for that one to start mate, fun fact, my other half is a Barrister.

I really hope he pulls that pin out...

 

[Tommy.]

Jesus wept how many times. I don't specialise in Investments. I work in legal.

We simply set up a company vehicle in Europe to do and hold our investment

Sorry to disappoint you

Do you mean an investment vehicle?

Of course you do.

 

[Damo_1878]

I'm waiting for that one to start mate, fun fact, my other half is a Barrister.

I really hope he pulls that pin out...

I'm not a barrister and have never claimed to be.

Do you mean an investment vehicle?

Of course you do.

I said the same in my previous post forum police

 

[Tommy.]

So, "company vehicles"?

 

[Damo_1878]

So, "company vehicles"?

Pipe down

We're not an "investing company". I work in legal. We set up an investment company vehicle (outside the UK) to do our investment

Also I can use whatever term I like. It's a statement of fact it was our "initial input" on the Bitcoin investment. Why would I describe it otherwise? I'm not in a banking or finance forum

 

[carlos21]

Yo c Man. Hope you're doing well pal

I am good today what you been watching.

 

[DuuuncanHadaPigeon]

Well a Ponzi scheme doesn't have someone in the middle it has someone profiting off of the top of the pyramid.

These would be your early adopters and whale investors who are generating profit from increasing demand.

The Bitcoin itself isn't actually producing any inherent value. It's value is being derived from the next person paying more for it than the person before. This is where the Ponzi comparisons come in. Yes, it's also a bubble. It's a Ponzi because you have large investors spending money to generate public interest in acquiring Bitcoin as that is the only thing driving the price.

I cannot remember the last time I heard people even bother spreading hype about the Blockchain concept. That's firmly been replaced with AI as the latest all-hype tech development that's scamming investors with promises of huge returns.

In a Ponzi there is a generally an operator at the top who runs the scheme. There is no such thing in bitcoin.

The value of nearly ANYTHING is derived from the next person paying more for it than the person before!

Large investors also spend lots of money driving up the hype of their products, it's called marketing.

 

[Damo_1878]

In a Ponzi there is a generally an operator at the top who runs the scheme. There is no such thing in bitcoin.

The value of nearly ANYTHING is derived from the next person paying more for it than the person before!

Large investors also spend lots of money driving up the hype of their products, it's called marketing.

They're just not getting it

 

[the sniderman]

@kevinsheedy111 buddy did u make riches from bitcoin portfolio?? i remember nice chats and it made me look at bitcoin but think i missed out.