Author Topic: Cryptocurrency  (Read 14048 times)

Itchy

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Re: Cryptocurrency
« Reply #45 on: January 19, 2021, 03:44:06 PM »
What ye reckon lads, still a good time to buy crypto? Any recommendations on what currency?

TabClear

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Re: Cryptocurrency
« Reply #46 on: January 19, 2021, 06:15:08 PM »
What ye reckon lads, still a good time to buy crypto? Any recommendations on what currency?

Whatever you go for tattoo your password on the missus's back some night. This poor bastard  :o :o

https://www.bbc.co.uk/news/technology-55645408

We've all been there - brain fog makes us forget our password and after eight frantic attempts, we have just two left.

That's the situation for programmer Stefan Thomas but the stakes are higher than most - the forgotten password will let him unlock a hard drive containing $240m (175m) worth of Bitcoin.

Itchy

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Re: Cryptocurrency
« Reply #47 on: January 19, 2021, 09:05:21 PM »
What ye reckon lads, still a good time to buy crypto? Any recommendations on what currency?

Whatever you go for tattoo your password on the missus's back some night. This poor bastard  :o :o

https://www.bbc.co.uk/news/technology-55645408

We've all been there - brain fog makes us forget our password and after eight frantic attempts, we have just two left.

That's the situation for programmer Stefan Thomas but the stakes are higher than most - the forgotten password will let him unlock a hard drive containing $240m (175m) worth of Bitcoin.


I wouldnt trust the missus with that.

Franko

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Re: Cryptocurrency
« Reply #48 on: January 19, 2021, 09:29:56 PM »
The story at the bottom of the article is actually worse...


"And in 2013, a Welsh man desperately searched a landfill site after throwing away a computer hard drive containing 7,500 bitcoins.

At the time worth more than 4m, this would now be valued at more than 250m."


https://www.bbc.co.uk/news/av/technology-25138627

bigfrank

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Re: Cryptocurrency
« Reply #49 on: January 27, 2021, 07:53:50 PM »
Huge slide going on this last week,buy in the dip as they say??

RedHand88

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Re: Cryptocurrency
« Reply #50 on: January 27, 2021, 08:45:07 PM »
Gamestop and AMC shares the big bandwagons to be on this week. A friend of mine made 3500 between yesterday and today.

Capt Pat

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Re: Cryptocurrency
« Reply #51 on: January 27, 2021, 09:16:27 PM »
It is all fun and games at the moment but it will ed in tears for someone. Apparently gamestop is struggling at the moment but its share price is surging on the back of internet chat.

TwoUpTwoDown

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Re: Cryptocurrency
« Reply #52 on: January 27, 2021, 09:18:28 PM »
It is all fun and games at the moment but it will ed in tears for someone. Apparently gamestop is struggling at the moment but its share price is surging on the back of internet chat.

Yeah it's believed Gamestop are in serious difficulty. Mad how the last 48 hours went there but. Chatter can have a serious impact.

RedHand88

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Re: Cryptocurrency
« Reply #53 on: January 27, 2021, 09:24:49 PM »
It is all fun and games at the moment but it will ed in tears for someone. Apparently gamestop is struggling at the moment but its share price is surging on the back of internet chat.

Today's share price would value the company at $10 billion. Its ridiculous stuff, a castle made of sand, a fugazi.

Franko

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Re: Cryptocurrency
« Reply #54 on: January 27, 2021, 09:26:05 PM »
It is all fun and games at the moment but it will ed in tears for someone. Apparently gamestop is struggling at the moment but its share price is surging on the back of internet chat.

Yeah it's believed Gamestop are in serious difficulty. Mad how the last 48 hours went there but. Chatter can have a serious impact.

It's not just chatter though - it's essentially an orchestrated campaign to nail a couple of hedge funds who have large short positions in the stock.

RadioGAAGAA

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Re: Cryptocurrency
« Reply #55 on: January 27, 2021, 09:50:55 PM »
It's not just chatter though - it's essentially an orchestrated campaign to nail a couple of hedge funds who have large short positions in the stock.

I don't see how a short sell can be legal (I know it is legal, but it clearly shouldn't be).

The stock market is supposed to be about investing in companies.

How the f**k is a short an investment? Just shows the crooks up for what they are IMO. F**king skybet under a fancier name.
i usse an speelchekor

Franko

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Re: Cryptocurrency
« Reply #56 on: January 27, 2021, 09:58:08 PM »
It's not just chatter though - it's essentially an orchestrated campaign to nail a couple of hedge funds who have large short positions in the stock.

I don't see how a short sell can be legal (I know it is legal, but it clearly shouldn't be).

The stock market is supposed to be about investing in companies.

How the f**k is a short an investment? Just shows the crooks up for what they are IMO. F**king skybet under a fancier name.

Agreed.  Total casino.  And don't even start on the derivatives.

Glad to see some of these hedge fund pricks getting nailed - and by nothing more than a few geeks who got organised in a chat room

No doubt some sort of legislation will be enacted shortly so normal service can resume

And only the 'right' people will again be able to manipulate the markets


RedHand88

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Re: Cryptocurrency
« Reply #57 on: January 27, 2021, 10:10:21 PM »
It's not just chatter though - it's essentially an orchestrated campaign to nail a couple of hedge funds who have large short positions in the stock.

I don't see how a short sell can be legal (I know it is legal, but it clearly shouldn't be).

The stock market is supposed to be about investing in companies.

How the f**k is a short an investment? Just shows the crooks up for what they are IMO. F**king skybet under a fancier name.

Agreed.  Total casino.  And don't even start on the derivatives.

Glad to see some of these hedge fund pricks getting nailed - and by nothing more than a few geeks who got organised in a chat room

No doubt some sort of legislation will be enacted shortly so normal service can resume

And only the 'right' people will again be able to manipulate the markets

They've been trotting out their lap dogs on financial news channels all day talking down gamestop stock as they know its getting really ugly for them.

Hereiam

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Re: Cryptocurrency
« Reply #58 on: January 27, 2021, 10:28:27 PM »
Anyone want to explain in lay-mans terms what exactly is going on with gamestop

armaghniac

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Re: Cryptocurrency
« Reply #59 on: January 27, 2021, 10:31:51 PM »
Anyone want to explain in lay-mans terms what exactly is going on with gamestop

The hedge funds were playing games with their shares and the fans got together and stopped them?
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