Renton 24168 Posted May 19, 2021 Share Posted May 19, 2021 On 19/05/2021 at 17:46, Monkeys Fist said: I’m picturing Rayvin Luded out his mind, trying to open his car doors with his feet and just apologising left, right and centre to trees, bins and the pavement. Expand 1 Link to comment Share on other sites More sharing options...
Howmanheyman 37085 Posted May 19, 2021 Share Posted May 19, 2021 On 19/05/2021 at 18:08, Monkeys Fist said: “"I Choose Sorry Every Fucking Time." Expand Elton John reckons sorry seems to be hardest word, Rayvin's like..... 2 Link to comment Share on other sites More sharing options...
Dr Gloom 23939 Posted May 20, 2021 Share Posted May 20, 2021 bitcoin back up above $40k today. should have bought the dip, rayvin. what happened to diamond hands, brah? Link to comment Share on other sites More sharing options...
Rayvin 6103 Posted May 20, 2021 Share Posted May 20, 2021 On 20/05/2021 at 09:12, Dr Gloom said: bitcoin back up above $40k today. should have bought the dip, rayvin. what happened to diamond hands, brah? Expand I did buy the dip... Link to comment Share on other sites More sharing options...
Dr Gloom 23939 Posted May 20, 2021 Share Posted May 20, 2021 ah well done. i thought you sold up yesterday. didn't realise you piled back in Link to comment Share on other sites More sharing options...
trophyshy 7466 Posted May 20, 2021 Share Posted May 20, 2021 I got mine for nout, if they go back to nout then it's been a wild ride. I have a diverse portfolio, as anyone should. This is the riskiest end of it. Link to comment Share on other sites More sharing options...
Rayvin 6103 Posted May 20, 2021 Share Posted May 20, 2021 On 20/05/2021 at 10:11, Dr Gloom said: ah well done. i thought you sold up yesterday. didn't realise you piled back in Expand Yeah I jumped out while it fell to go back in later. The risk with that is that it immediately starts rising again when you sell, thus meaning you've lost money with no gain - but I seemed to get this one right. That said, it'll take me a while I think for it to get back to where it was, which is when I'll have really made some profit from it. I think it has fallen as far as it's going to for now, I guess the test from here is whether or not the market confidence has taken a more serious hit, or if it's going to start climbing again as people eye better prices. Link to comment Share on other sites More sharing options...
Rayvin 6103 Posted May 20, 2021 Share Posted May 20, 2021 On 20/05/2021 at 10:15, trophyshy said: I got mine for nout, if they go back to nout then it's been a wild ride. I have a diverse portfolio, as anyone should. This is the riskiest end of it. Expand Great position to be in - people keep talking about how BTC will eventially hit $1m. Not sure about that myself but I think it'll go back north of $60k. Link to comment Share on other sites More sharing options...
ewerk 33607 Posted May 20, 2021 Share Posted May 20, 2021 On 19/05/2021 at 15:47, Rayvin said: Well you hit me with an 'I told you so' when it does then. For now at least, I'm back to green - so I'm not complaining about it myself. Expand Deutsche Bank putting it better than me: 4 Link to comment Share on other sites More sharing options...
Rayvin 6103 Posted May 20, 2021 Share Posted May 20, 2021 I mean, I agree. I fundamentally agree with that. But then, I'm not investing into Bitcoin. My 'belief' is that the currencies I'm investing into will have functional utility in the medium to long term. XRP for instance has already lined up a number of banks to start working with it. If that's still not enough to persuade you then fair enough, but I don't really see how it's any different to gold or national currencies, other than that they are established and crypto is not. Link to comment Share on other sites More sharing options...
Meenzer 16601 Posted May 20, 2021 Share Posted May 20, 2021 Even then, there's nothing wrong with investing in a Tinkerbell if you treat it as a gamble like any other. It's like backing to lay (or vice versa) on Betfair really. But then I'm in the process of making some tidy pocket money from idiot Eurovision fans so I'm in a good mood where market movements are concerned. Link to comment Share on other sites More sharing options...
TheGingerQuiff 2412 Posted May 20, 2021 Share Posted May 20, 2021 On 20/05/2021 at 13:55, ewerk said: Deutsche Bank putting it better than me: Expand A bit like asking for a zebras opinion on lions 2 Link to comment Share on other sites More sharing options...
ewerk 33607 Posted May 20, 2021 Share Posted May 20, 2021 It might be a bit far fetched to call crypto a lion in that analogy. 1 Link to comment Share on other sites More sharing options...
Rayvin 6103 Posted May 20, 2021 Share Posted May 20, 2021 On 20/05/2021 at 14:49, ewerk said: It might be a bit far fetched to call crypto a lion in that analogy. Expand It has a $2tn market cap at the moment mind. That's not exactly a kitten either. 1 Link to comment Share on other sites More sharing options...
TheGingerQuiff 2412 Posted May 20, 2021 Share Posted May 20, 2021 Enough facts Link to comment Share on other sites More sharing options...
TheGingerQuiff 2412 Posted May 20, 2021 Share Posted May 20, 2021 About double what Deutsche Bank is worth Link to comment Share on other sites More sharing options...
ewerk 33607 Posted May 20, 2021 Share Posted May 20, 2021 Who of course aren't even among the world's top 20 most valuable banks. Link to comment Share on other sites More sharing options...
TheGingerQuiff 2412 Posted May 20, 2021 Share Posted May 20, 2021 Good, we're early Link to comment Share on other sites More sharing options...
Rayvin 6103 Posted May 20, 2021 Share Posted May 20, 2021 Based on the googling I've just done, if crypto were a bank, it would be placed at 11th biggest in the world based on market cap. And 4 of the top ten are Chinese state owned banks. Link to comment Share on other sites More sharing options...
ewerk 33607 Posted May 20, 2021 Share Posted May 20, 2021 Except it's not a bank. It has no leadership, no focus and no political clout. Link to comment Share on other sites More sharing options...
TheGingerQuiff 2412 Posted May 20, 2021 Share Posted May 20, 2021 That's the appeal 1 Link to comment Share on other sites More sharing options...
Rayvin 6103 Posted May 20, 2021 Share Posted May 20, 2021 On 20/05/2021 at 15:38, ewerk said: Except it's not a bank. It has no leadership, no focus and no political clout. Expand I'm just comparing the market caps. Crypto isn't a 'small' thing. On 20/05/2021 at 15:44, TheGingerQuiff said: That's the appeal Expand Exactly what I was thinking. Link to comment Share on other sites More sharing options...
ewerk 33607 Posted May 20, 2021 Share Posted May 20, 2021 And it's also why it'll never go anywhere mainstream. Link to comment Share on other sites More sharing options...
TheGingerQuiff 2412 Posted May 20, 2021 Share Posted May 20, 2021 On 20/05/2021 at 15:47, ewerk said: And it's also why it'll never go anywhere mainstream. Expand Short it Link to comment Share on other sites More sharing options...
ewerk 33607 Posted May 20, 2021 Share Posted May 20, 2021 The implosion won't be any time soon but it will happen. Link to comment Share on other sites More sharing options...
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