Dogecoin etc
Dogecoin etc
Well my inability to buy it a 5 cents. Could have been a millionaire and as rich as shocker in the space of a few weeks.
Do we all think theres an almighty crash coming for Crypto or is it just taking off?
Do we all think theres an almighty crash coming for Crypto or is it just taking off?
Re: Dogecoin etc
Of course there is
For every speculation boom there's a bust to follow.
For every speculation boom there's a bust to follow.
An absolute unit
Re: Dogecoin etc
I’ve invested in CumRocket, let’s see how this turns out
Dave!
Dave!
Re: Dogecoin etc
I’m still well up on my investment but it’s had huge swings when bulk share owners sell up. It’s such a new currency that relatively small buying and selling sprees have a big affect.
Dave!
Dave!
Re: Dogecoin etc
I understand about cryptos and blockchain. What I don’t get is why there has to be hundreds of different coins. What makes one better or more valuable than another?
- Sundayjumper
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Re: Dogecoin etc
Yeah, I don’t get that either
I’ve read lots of things that say it’s being driven by millennials, which has led me to a theory that I’ve not seen elsewhere.
Millennials are folk in their twenties. That means we’ve got ~5 years before lots of them decide to cash in their winnings and buy houses. That’s what will finally kill it.
I’ve read lots of things that say it’s being driven by millennials, which has led me to a theory that I’ve not seen elsewhere.
Millennials are folk in their twenties. That means we’ve got ~5 years before lots of them decide to cash in their winnings and buy houses. That’s what will finally kill it.
Re: Dogecoin etc
It’s odd, it’s a currency with no true value but lots of people want, it can be created from nothing but doesn’t initially have a use either.Sundayjumper wrote: ↑Thu May 06, 2021 7:00 pm Yeah, I don’t get that either
I’ve read lots of things that say it’s being driven by millennials, which has led me to a theory that I’ve not seen elsewhere.
Millennials are folk in their twenties. That means we’ve got ~5 years before lots of them decide to cash in their winnings and buy houses. That’s what will finally kill it.
You can make big gains but also lose it very quickly. It seems to be that getting in at the right time is absolutely key to most of them as it’s such a volatile thing to put money in.
Dave!
Re: Dogecoin etc
I'm having a little 'gamble' and there is money to be made. It's very volatile with organised pump & dumps being a regular occurrence.
If you read signals and play safe (stop limits etc) it's relatively low risk imo. I am a few hundred up in not a lot of time. That said my ISA's are doing better, excluding emerging markets which I might dump.
If you read signals and play safe (stop limits etc) it's relatively low risk imo. I am a few hundred up in not a lot of time. That said my ISA's are doing better, excluding emerging markets which I might dump.
Re: Dogecoin etc
Currently $26,000 up but am in it for the long game, the only way to do this is to write the money off straight away. I have been convinced to take my full stake out though which I’ll do when I decide what number to do it at.
Whatever happens, it’s quite good fun.
Dave!
Whatever happens, it’s quite good fun.
Dave!
- DeskJockey
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Re: Dogecoin etc
It isn't created from nothing. It is created from the vast quantities of electricity used in mining it, which in turn is created by using natural resources for what is effectively a pointless pursuit that may return a monetary profit to you, but could equally end up worthless and a complete and total waste of energy.V8Granite wrote: ↑Thu May 06, 2021 7:39 pmit can be created from nothingSundayjumper wrote: ↑Thu May 06, 2021 7:00 pm Yeah, I don’t get that either
I’ve read lots of things that say it’s being driven by millennials, which has led me to a theory that I’ve not seen elsewhere.
Millennials are folk in their twenties. That means we’ve got ~5 years before lots of them decide to cash in their winnings and buy houses. That’s what will finally kill it.
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Driving a Galaxy far far away
Driving a Galaxy far far away
Re: Dogecoin etc
It very much could indeed, it’s a punt.
Dave!
Dave!
Re: Dogecoin etc
Can't argue with the logic here
Re: Dogecoin etc
I follow Didi Taihuttu on twitter (guy who sold everything to buy bitcoin) and his job now is promoting bitcoin and other crypto. He claims he doesnt care about money but the value of his investment is ALL he cares about, its his life. Fair enough they travel round the world doing it so his kids have no home or relationships in the process.
As Steve says above at the end of the day you need money to buy things in the real world. Once youve cashed in, paid your capital gains tax there isnt as much left as you first imagined.
As Steve says above at the end of the day you need money to buy things in the real world. Once youve cashed in, paid your capital gains tax there isnt as much left as you first imagined.
Re: Dogecoin etc
There are more millennials in their thirties than twenties now. Going to need to stop using it as a catch all for young peopleSundayjumper wrote: ↑Thu May 06, 2021 7:00 pm Yeah, I don’t get that either
I’ve read lots of things that say it’s being driven by millennials, which has led me to a theory that I’ve not seen elsewhere.
Millennials are folk in their twenties. That means we’ve got ~5 years before lots of them decide to cash in their winnings and buy houses. That’s what will finally kill it.
An absolute unit
Re: Dogecoin etc
Might I suggest your next investment is in a tony banks exhaust for an E46 330ci?V8Granite wrote: ↑Thu May 06, 2021 9:19 pm Currently $26,000 up but am in it for the long game, the only way to do this is to write the money off straight away. I have been convinced to take my full stake out though which I’ll do when I decide what number to do it at.
Whatever happens, it’s quite good fun.
Dave!
I know you don't have one, so I'll look after it till it matures
Re: Dogecoin etc
Cant be more than 200 quid?Beany wrote: ↑Fri May 07, 2021 9:11 amMight I suggest your next investment is in a tony banks exhaust for an E46 330ci?V8Granite wrote: ↑Thu May 06, 2021 9:19 pm Currently $26,000 up but am in it for the long game, the only way to do this is to write the money off straight away. I have been convinced to take my full stake out though which I’ll do when I decide what number to do it at.
Whatever happens, it’s quite good fun.
Dave!
I know you don't have one, so I'll look after it till it matures