Renton 21567 Posted May 19, 2021 Share Posted May 19, 2021 40 minutes ago, 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. 1 Link to comment Share on other sites More sharing options...
Howmanheyman 33112 Posted May 19, 2021 Share Posted May 19, 2021 57 minutes ago, Monkeys Fist said: “"I Choose Sorry Every Fucking Time." 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 21912 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 5217 Posted May 20, 2021 Share Posted May 20, 2021 44 minutes ago, Dr Gloom said: bitcoin back up above $40k today. should have bought the dip, rayvin. what happened to diamond hands, brah? I did buy the dip... Link to comment Share on other sites More sharing options...
Dr Gloom 21912 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 7083 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 5217 Posted May 20, 2021 Share Posted May 20, 2021 47 minutes ago, Dr Gloom said: ah well done. i thought you sold up yesterday. didn't realise you piled back in 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 5217 Posted May 20, 2021 Share Posted May 20, 2021 1 hour ago, 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. 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 30544 Posted May 20, 2021 Share Posted May 20, 2021 22 hours ago, 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. Deutsche Bank putting it better than me: 4 Link to comment Share on other sites More sharing options...
Rayvin 5217 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 15518 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 27 minutes ago, ewerk said: Deutsche Bank putting it better than me: A bit like asking for a zebras opinion on lions 2 Link to comment Share on other sites More sharing options...
ewerk 30544 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 5217 Posted May 20, 2021 Share Posted May 20, 2021 12 minutes ago, ewerk said: It might be a bit far fetched to call crypto a lion in that analogy. 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 30544 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 5217 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 30544 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 5217 Posted May 20, 2021 Share Posted May 20, 2021 6 minutes ago, ewerk said: Except it's not a bank. It has no leadership, no focus and no political clout. I'm just comparing the market caps. Crypto isn't a 'small' thing. 1 minute ago, TheGingerQuiff said: That's the appeal Exactly what I was thinking. Link to comment Share on other sites More sharing options...
ewerk 30544 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 5 minutes ago, ewerk said: And it's also why it'll never go anywhere mainstream. Short it Link to comment Share on other sites More sharing options...
ewerk 30544 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...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now