nikom court
Player Valuation: £20m
as i said,
its not teenagers in their moms basement buying bitcoin anymore,
its multi billion dollar institutions!
Crypto currency (IF banned from CA)
- Thread starter YoboCopter
- Start date
as i said,
its not teenagers in their moms basement buying bitcoin anymore,
its multi billion dollar institutions!
The Collapse of Lehman Brothers: A Case Study
Lehman Brothers survived many financial crises in its long history until it was driven into bankruptcy. Learn more about the history behind this famous scandal.
Mate, I’m very happy for you if you’ve made money out of this. As much as some think people that are wary of crypto are just jealous, it’s not true. I really just don’t want people getting burnt.
But I personally think there is some dodgy stuff going on here. And there is a difference between him selling out versus the owner of a major company. Because he is almost certainly sitting on a huge amount of ethereum which won’t be affected if he decides to bounce. And because the way he has set it up he will make money on the way down regardless. As all the penalties go into the origin address. The origin address is really worrying for me but if you are comfortable with it then go ahead. I hope you are right and I am wrong
Also, another point. As someone that has experience of losing a friend to a cult for good few years, free self help books are not a good thing. It’s a classic way of preying on the vulnerable.
They are weaponised to make it seem like they care when they really don’t.
They are weaponised to make it seem like they care when they really don’t.
DuuuncanHadaPigeon
Player Valuation: £10m
No fair enough mate and I actually appreciate that out of everyone here you took some time to research it.
The point with the OA comes upa lot, and was my first hesitation with it. But when you think about it, the ETH is completely separate to HEX, I just see it as seed money for the founder of a business. he took the risk and was handsomely rewarded with a lot of ETH. If he doesn't sell any HEX, and why would he need to he has billions in ETH, he can prop the price of hex up by never ever selling.
Appreciate the advice re the cult, the book is mostly just about not drinking/gambling and how to have better relationships with your partners, there is a section about how to have better orgasms which is pretty good ha!
Except that bitcoin is infinitely divisible?
When the demand of an asset decreases and you have excess supply, the price goes down. If you can't imagine how/why demand for crypto will decrease then you will be blind to see it coming.
Good point, and it's easy to conflate (which I do frequently.) I think a genuine question many have (certainly true for myself) is what use does crypto have? I think a "digital cash" is a perfect use, but not with price instabilities. And if crypto prices converge to a unifying and useful valuation, what determines this? But if it's not able to provide credit/liquidity then it's only a speculative asset. And if so, enjoy the ride as much as you can.
There is a proverb about turkeys having a great life that's worth understanding.
At the time of its collapse, Lehman was the fourth-largest investment bank in the United States with 25,000 employees worldwide. It had $639 billion in assets and $613 billion in liabilities. The bank became a symbol of the excesses of the 2007-08 Financial Crisis, engulfed by the subprime meltdown that swept through financial markets and cost an estimated $10 trillion in lost economic output.The Collapse of Lehman Brothers: A Case Study
Lehman Brothers survived many financial crises in its long history until it was driven into bankruptcy. Learn more about the history behind this famous scandal.www.investopedia.com
Also the aptly named Long Term Capital Management
Fun story. I was actually doing an internship at Lehman in December 2007 (not in subprime, I was in M&A). They offered me a job and I would have started in September 2008. Luckily for me I hated the internship so much I rejected it and got out of finance. But a lot of the interns round then racked up loads of expenses which were supposed to be paid back but when it went bust they were screwed. One girl I knew eventually got her money back about 4 years later.At the time of its collapse, Lehman was the fourth-largest investment bank in the United States with 25,000 employees worldwide. It had $639 billion in assets and $613 billion in liabilities. The bank became a symbol of the excesses of the 2007-08 Financial Crisis, engulfed by the subprime meltdown that swept through financial markets and cost an estimated $10 trillion in lost economic output.The Collapse of Lehman Brothers: A Case Study
Lehman Brothers survived many financial crises in its long history until it was driven into bankruptcy. Learn more about the history behind this famous scandal.
Just to clarify, the expenses were living costs from the few weeks they had to spend in New York for the internship, not partying etc. Maybe they already knew they were going under as we got none of those perks
Those articles talk about them offering bitcoin products to consumers, not buying and investing in it themselves.because every day especially in the us,there are stories like this
Bitcoin is coming to hundreds of U.S. banks this year, says crypto custody firm NYDIG
Until now, bitcoin adopters have relied on apps from a new generation of fintech players like Robinhood, PayPal and Square, or Coinbase.www.cnbc.com
Wells Fargo: US bank set to offer crypto fund to rich clients
Wells Fargo, America's third largest bank, said the service would be available for wealthy clients.www.bbc.co.ukevery transaction is on a public blockchain,
Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds
The move, a significant step for the acceptance of bitcoin as an asset class, was made by Morgan Stanley after clients demanded exposure to the cryptocurrency.
all the btc is leaving exchanges and going into custodial services.
even hl have grayscale buying page ready to go soon!
you can put it in your pension soon!
Grayscale Bitcoin Trust NPV share price
The latest Grayscale Bitcoin Trust share price. View recent trades and share price information for Grayscale Bitcoin Trust and other shares.www.hl.co.uk
the banks are warning people not to buy while they suck it all up and down the line they will offer exposure to btc,for a fee of course!
None of this says anything about banks themselves buying bitcoin, just acting as an intermediary to an end consumer.
Right the blockchain is public but the owners of wallets aren't publicly listed unless they choose to do so from my understanding, making it in-effect anonymous. Hence the adoption by criminals and nonces.because every day especially in the us,there are stories like this
Bitcoin is coming to hundreds of U.S. banks this year, says crypto custody firm NYDIG
Until now, bitcoin adopters have relied on apps from a new generation of fintech players like Robinhood, PayPal and Square, or Coinbase.Wells Fargo: US bank set to offer crypto fund to rich clients
Wells Fargo, America's third largest bank, said the service would be available for wealthy clients.www.bbc.co.ukevery transaction is on a public blockchain,Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds
The move, a significant step for the acceptance of bitcoin as an asset class, was made by Morgan Stanley after clients demanded exposure to the cryptocurrency.
all the btc is leaving exchanges and going into custodial services.
even hl have grayscale buying page ready to go soon!
you can put it in your pension soon!Grayscale Bitcoin Trust NPV share price
The latest Grayscale Bitcoin Trust share price. View recent trades and share price information for Grayscale Bitcoin Trust and other shares.
the banks are warning people not to buy while they suck it all up and down the line they will offer exposure to btc,for a fee of course!
See my point above regarding the wallets being anonymous.
You don't know who owns those unless they want want to.
You have said it but still haven't shown us any actually doing it.
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