The only ones i would take a punt on now are Ripple or Dash.
Have you thought about shredding hard drives/ data storage devices as well.
One of the guys I work with is sitting on 232k of Bitcoin!!
I looked at Bitcoin 3 times this year and the lowest was at £3500 should have got on the bandwagon then
How do I fund my toy, lots of hard work from both my fiance and me... but I am at a cross roads, entirely bored of my career 5 years in the same company with no more promotions left to gain until someone eventually retires... in a market that is possibly shrinking over the next few years if the construction sector goes into decline. Careers advice for Fernando anyone? Go into the crypto trading and loose it all? lol
Bitcoin like anything could be a disaster waiting to happen!
I do whoring on the side to old and wrinkly women to fund my cars.
I looked at Bitcoin 3 times this year and the lowest was at £3500 should have got on the bandwagon then
How do I fund my toy, lots of hard work from both my fiance and me... but I am at a cross roads, entirely bored of my career 5 years in the same company with no more promotions left to gain until someone eventually retires... in a market that is possibly shrinking over the next few years if the construction sector goes into decline. Careers advice for Fernando anyone? Go into the crypto trading and loose it all? lol
Not strictly true, it's a sign that many don't trust banks/bankers/the banking system and want to migrate their wealth to something decentralised....in prep for the next crisis which will be worse.Bitcoin. All hype and no substance as Phil says. The wild ride some are enjoying is fantastic for them and good luck to them but just like the Ponsie scams and pyramid selling days there is no base value only market value. Very noticeable that any major retailer of high end merchandise that accept Bitcoin unloads them in a contemporaneous deal with a broker rather than hold.
Having said that I wish I'd got in very early but now is like putting your house on Red.
Not strictly true, it’s a sign that many don’t trust banks/bankers/the banking system and want to migrate their wealth to something decentralised....in prep for the next crisis which will be worse.
It therefore has a value determined by those who wish to participate......
Cheers Wattie
I'd agree...too easy for many to do so competitive, competition & saturation are an issue driving costs down.Low margin, really and a saturated market IMHO.
It's also a *load* of ballache when it comes to the paperwork
C
Yours is a bizarre statement.....define collapse? Given that you’re barely earning 1% in the bank and bitcoin is up several thousand a lot of people would have to suffer a mammoth collapse to be worse off.What a bizarre statement. It's fluff. In any future crisis it will collapse far faster and greater than traditional deposits.