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Any one do Crypto currencies?


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Not dabbled myself but everyone I know who does seems to become totally obsessed with it and spends their every waking hour looking after it . They seem to like to rattle figures about but I neve

I know bitcoin can be traded on FOREX, but to be honest, I get a headache trying to work it out !  You have to buy a "hard currency" with your bitcoin, then you can trade your usd for yen or what

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49 minutes ago, DIDO.1 said:

Gold , silver, ammunition, seed potatoes. 

Stick your tit coins up your arse.

Crypto will be useless if the Russians take the internet out 

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10 hours ago, steve66 said:

Crypto will be useless if the Russians take the internet out 

There was a woman on the radio recently who’s son had died he was apparently a crypto millionaire, and she could not gain access to a bean and it will likely never be returned due to her not having passwords etc it’s empires cloths 

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Some silly cnut from Newport is suing the council for dumping a hard drive that's apparently worth £600 million into a  landfill site.....this is after he put it in the bin by mistake mind🙄

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56 minutes ago, Daniel cain said:

Some silly cnut from Newport is suing the council for dumping a hard drive that's apparently worth £600 million into a  landfill site.....this is after he put it in the bin by mistake mind🙄

And there is the problem you have nothing of substance for your 60 mil just smoke and mirrors give me a lump of something solid for my money every time, 

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Has anyone heard of “The South Sea Bubble” ?

It was a Ponzi scheme backed by the British government 300 years ago to pay for the wars against France and Spain.

Shares were sold and lies were told about how well they were doing and many investors went bankrupt but a few already rich people got richer.

I can see some parallels between this and crypto currency’s. 
Where are all the billions coming from ?

Cheers.

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4 minutes ago, chartpolski said:

Has anyone heard of “The South Sea Bubble” ?

It was a Ponzi scheme backed by the British government 300 years ago to pay for the wars against France and Spain.

Shares were sold and lies were told about how well they were doing and many investors went bankrupt but a few already rich people got richer.

I can see some parallels between this and crypto currency’s. 
Where are all the billions coming from ?

Cheers.

Like everything else in the modern world they don't really exist. If you are switched on/lucky/brave enough to invest then get some money out and turned into something solid at the right times then fair play..... just like a snake oil salesman making a fortune.

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One of my mates spunked thousands and did mining, failed massively, another gave his accounts son a few grand to play with that only invests in two major ones and he's doubled his money , it's three card brag for tech heads lol

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It's the future boys whether yous like it or not  yous will all be using it in the near future. Just like contactless and Apple Pay many were unsure of it at the start now it's just another ordinary day to day tool 

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15 minutes ago, scotty12 said:

It's the future boys whether yous like it or not  yous will all be using it in the near future. Just like contactless and Apple Pay many were unsure of it at the start now it's just another ordinary day to day tool 

All just heading for a cashless total control society, not for me I,ll resist as long as I can, still never had a credit card in my life lot of the rural stores around me are still cash only even the local chippy lol

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2 hours ago, DIDO.1 said:

Like everything else in the modern world they don't really exist. If you are switched on/lucky/brave enough to invest then get some money out and turned into something solid at the right times then fair play..... just like a snake oil salesman making a fortune.

Lad I posted about earlier bought his mother a house out of the profits he made with crypto

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4 hours ago, Bakerboy said:

Lad I posted about earlier bought his mother a house out of the profits he made with crypto

Fair play to him. 

Some people buy a house from the profits of drug dealing, some win the money on a roulette wheel. Genuinely no issue with how anyone makes their money....wish I'd bought some bit coin years ago....but I'd never have a large sum in a 'wallet' and believe it was actually worth anything more than a gamble while it's sat there

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It's all numbers on a screen or spreadsheet. Same as 90% of banking nowadays. Cash is king and when it all collapses I would rather have 10k in cash at home than 50k in crypto or banking app.

Ultimately at some point it is all guna collapse and only the man with skill will trade with another skill.........like the olden days.

This is what I have been preparing for. Get ready.

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