Try it with your missus and see what happens !
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Cryptocurrencies
- Thread starter Bungle
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Try it with your missus and see what happens !
My lads mate was buying them when they were £50.00.......many years ago in fact the computer ransomes that came into his firm they asked him to use the Bitcoin cash he had to pay the ransomes and they paid him the cash =doh....
You not one of these henpecked husbands are you?lol
When we got married she asked me if she should carry on working - I replied i am ruddy depending on it.......
she earned more than me at that time mortgage and that and her wages were not taken in to account, but without them impossible to pay........
yes she is my Wife , and a ruddy good one too......
42 years of marriage FGS jack the ripper never got that.....lol
Have you kept the manacles and whip, just in case ?
I do not wish to know you sexual deviants on here - its more like block and tackle for me with my health nowadayslol
bol-uk
Player Valuation: £50m
evilwebby
Player Valuation: £50m
Only if you hate money, mate.
evilwebby
Player Valuation: £50m
Greed drove it up. Fear is driving it down.
I've always observed that nobody ever asks "Why is it going up?" when it is doubling in price every month.. they think its because they're a genius with some sort of insight seeing something in the market that the idiots sitting on the sides just don't get, but everyone asks "why it is going down?" when it loses half its value. That should tell you something about human pyschology.
All markets are driven ultimately by human emotion. Most of we the time are fairly rational and kept in check and price reflect fundamentals, but sometimes you get a runaway bubble where all sense of fundamental evaluation goes out of the window.
Bitcoin and other crypto currencies have an intrinsic value that is very close to zero. No reason why over time the bubble deflates and the market return to rationality that it won't be driven back down towards that level.
Frang
Player Valuation: £70m
You always seem to have insightful posts on these matters are you a financiar??
Philw
Player Valuation: £50m
Sure I get that, but it's been pretty level for 4/5 months, then all of a sudden dropped 20% the last couple days. Must be some other factor involved at this point. As far as I can see hasn't dropped that low at all in the interveening period.
Frang
Player Valuation: £70m
The market realising what it is / was I suppose... And backing right out of it
Seems to have been caused by Bitcoin Cash forking into two new coins (Bitcoin ABC and Bitcoin SV).
https://ethereumworldnews.com/bitcoin-cash-controversy-hash-war-2018/
It`s due to @Kev The Rat having sold his house, his car, even a kidney and now has nothing left to sell to buy his bitcoins, so the market has crashed.
evilwebby
Player Valuation: £50m
Yeah, I agree it hung onto the 6k support level for a good number of months, which isn't really that typical. One interpretation could be that it probably needed a period of calm after such a volatile Q1/Q2 this year to firm up the bulls and repair the terrible sentiment that had built up in to set up the conditions for the next sustained leg down, which is what we have seen lately.
One thing that is futile is to look at news events and trying to apportion price action to headlines. Most people get this the wrong way round; the price action dictates the news narrative, the news doesn't drive the price.
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