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Messages - Mikhail Prokhorov

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1
General discussion / Re: Man Utd Thread:
« on: May 13, 2021, 06:44:38 PM »
sir rednose on c4 news, excusing the owners as expected

2
General discussion / Re: The Official Golf Thread
« on: May 09, 2021, 11:29:41 PM »
What major was on this weekend?

the gah board expert championship, it's on every weekend ffs   ::)

3
General discussion / Re: The Official Golf Thread
« on: May 09, 2021, 10:25:04 PM »
fanboys hiding behind the sofa now  ;)

Donít think half of them knew this was on but will all be on now

lol no doubt, weak event at his favourite course and all set for world domination again  8)

4
General discussion / Re: The Official Golf Thread
« on: May 09, 2021, 10:21:49 PM »
fanboys hiding behind the sofa now  ;)

5
General discussion / Re: 💩 DUP C*ntwatch - Arlene overboard!
« on: May 06, 2021, 11:28:24 PM »
surely they don't pick poots over donaldson, that is the final nail for unionism

wee jeff is uup though so it's not much of a choice  :-\

6
General discussion / Re: Cryptocurrency
« on: May 04, 2021, 05:01:20 PM »
Keep hodling  ;)

7
General discussion / Re: Man Utd Thread:
« on: May 04, 2021, 12:40:28 PM »
What has been forgotten is that Ferguson created this whole mess in the first place, his spat with Magnier caused them to increase their shares in order to sell to the Glazers. They knew that would f**k the club over but Sir Rednose was too greedy to see it  ;D

8
General discussion / Re: 💩 DUP C*ntwatch - Arlene overboard!
« on: May 04, 2021, 01:29:33 AM »
Good comment on Slugger
Just said to my wife, "sounds like Poots wants to be leader but not FM", she laughed and said "that can be arranged, just call an election"

Seems to me that Poots just wants the power, not the responsibility.

Doesnít make sense... the leader/joint leader of a country must report to the Agriculture Minister?

lol what country are they leading, it's a county council at best  ;)

9
General discussion / Re: Boxing Thread
« on: May 02, 2021, 07:18:09 PM »
golf, snooker, darts etc would not count imo as they do not require any physical fitness bar walking

boxing would have to be one of the most grueling disciplines so katie has to be in the discussion

our most decorated sportsperson is still michelle smith  ;)

10
General discussion / Re: 💩 DUP C*ntwatch - Arlene overboard!
« on: April 29, 2021, 10:56:59 PM »
Not sure SF will be in hysterics. I can see the short term temptation to have a laugh at DUPís expense. But strategically SF will realise that NI needs to stable to be attractive to the southern voter.

Agreed. This is bad for Stormont

Yes, it certainly suits nobody but only leads to more instability. Turbulent times ahead for the 6 counties I fear, because if Stormont collapses this time it really is an admission that the place has become ungovernable. What then? Direct rule or some form of joint authority could be a possibility with the threat of further loyalist rioting over the summer. Before that we have the Scottish elections next week which will also be watched with some concern by Unionists here. If SNP win convincingly the calls for Indy Ref 2 will be deafening and I suspect a potential border poll here will move even higher up the agenda. If this comes to pass then I'm sure the Tories will try and fend the SNP off but for how long.

Itís Direct rule. Which could be quite standoffish with only the minimum done until we come to our collective senses

it will take hundreds of years to correct

11
General discussion / Re: Cryptocurrency
« on: April 27, 2021, 02:02:23 AM »
the US are printing fake money so fast, hyperinflation is inevitable

gold(physical) and bitcoin are the sensible hedges if you want to protect against fiat currency crash

12
General discussion / Re: The Official Golf Thread
« on: April 24, 2021, 02:05:37 PM »
Nice hole in one by Gmac last night  8)

13
General discussion / Re: Cryptocurrency
« on: April 17, 2021, 12:17:05 AM »
Best to look at crypto currencies (from an investment perspective) is as a cruel joke.

A few might get a laugh along the way but at what cost.

Those holding it today can get their money back before the bubble bursts but only by passing the problem to somebody else. The only people involved for whom this is not true is that the ones that got in low and trousered the uplift on the greater part of the stake and can well afford to cash out too late on what stake they left.

I notice there is no big rush of posters trying to explain the basis of the value of a cryptocurrency

I've already told you that, in my opinion, Bitcoin is valued on the same basis as gold. That is people believe it is a Store of Value.
Gold doesn't have value because it makes "pretty" jewellery as you suggested earlier, because fakes can be made that look just as "pretty".

Whether Bitcoin becomes that Store of Value is the question, I think it will, you think it won't. That's all there is to it.  We'll have a better idea in 2025 as to who was right.

This is pretty much it. Smelmoth thinks it is a scam, others don't.
My prediction is Bitcoin to £100k before year end. Get on the train.

£100k is a lovely round number and Bitcoin could easily reach £100k by the end of the year but where do think it will level out at and more importantly, why?

Gold is a good hedge against hyperinflation, bitcoin will be as well

The US dollar, which we are all linked to, is heading for a massive fall so don't say you all weren't warned  ;)

any profit on these joke coins made, just convert to btc and hodl  :)

15
General discussion / Re: Cryptocurrency
« on: April 15, 2021, 12:46:07 AM »

Until now I have only heard of cryptocurrencies being proposed as alternative to cash, gilts, stocks, currency or investments that combine some or all of those. Hence my focus on them.

You are now bringing in gold, art and jewellery.

Jewelleryís inherent value is in precious metals and to a degree workmanship and the history (who owned/ wore some items before). Gold is related to this because of what it can be turned into. Other things are as rare as precious metals but people just donít like looking at them as much. And donít think people will enjoy looking at them in the future. They could however be wrong and some things will become less fashionable and be worth less in the future. Not aware of anyone who likes looking at Bitcoin.

Paint on canvas or a block of marble have little inherent value. What is done with them technically and aesthetically can add value. If it is any good that is.

There is behaviour around the edges where a self destroying physical artwork sells for big money. But that is Bill Drummond style performance art and is confined to very few individuals.

Bitcoin offers none of these. It works on the principle that rare (or restricted supply) is automatically valuable. It has nothing to back that up.

But if I was a big investor with deep pockets I could easily make a lot of noise about putting $10bn into Bitcoin and cashing in on the drip straight away as the price rises on foot of my announcement.

Tulips from Amsterdam

I'm no crypto bro but this is utter nonsense. Gold is a shit metal. It's soft and it tarnishes. It has no practical use other than to make jewellery, which is arbitrarily classified as appealing by some people. It's used as a store of value because people have said it has a value and it's, comparatively, scarce.. Exact same for gemstones.. And bitcoin.

If you have only heard of bitcoin being discussed as a medium of exchange rather than as a store of value, you've not participated in or observed the discussion around it for a good 6 or 7 years.

sensible, reasoned analysis there gallsman

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