Page 1 of 9
You should have bought bitcoin.
Posted: Tue Feb 06, 2018 5:46 am
by Abc123
Why you trust traditional money markets: by all the top banking guys. Once again.
Dow tumbles over 1,100 points in biggest one-day fall since 2011
Report: Dow suffers worst day in over six years
Explainer: Why are global stock markets falling?
Biggest points fall ever on the Dow
Volatility has soared today
Australian market braces for fresh losses
Dow tumbled 1,500 points, before finishing down 1,175
Falling government bond prices are also hurting shares
LIVE Updated 5m ago
A television screen on the floor of the New York Stock Exchange.
https://www.theguardian.com/business/li ... iness-live
Re: You should have bought bitcoin.
Posted: Tue Feb 06, 2018 5:54 am
by (┛◉Д◉)┛
Re: You should have bought bitcoin.
Posted: Tue Feb 06, 2018 6:37 am
by xxxxxxx
Should have bought Bitcoin when, Nostradamus? It was once $20,000 per coin, and last I saw it was worth under $6,800.
Some stock markets have had near-steady increases since March 2009, including a massive (20%) increases in 2017 alone. That kind of growth is unsustainable without some pullbacks. An 8% drop in a week is a bit harsh, and it may very well get much worse before it gets better, but since all other economic indicators seem quite strong, this seems like an unavoidable stock market correction and will seem to have been a great buying opportunity several months from now.
We'll see if that holds true for Bitcoin at these prices or not, but as an "investment", you can have it.
Re: You should have bought bitcoin.
Posted: Tue Feb 06, 2018 6:46 am
by cptrelentless
Pfft, bitcoin is old and slow. It's litecoin or etherium now. It's on the down hill slope, cash out. There are always fluctuations in the stock market, it is a ten year game. Pound's doing well
Sent from my SM-G900F using Tapatalk
Re: You should have bought bitcoin.
Posted: Tue Feb 06, 2018 7:33 am
by timmydownawell
xxxxxxx wrote: ↑Tue Feb 06, 2018 6:37 am
Should have bought Bitcoin when, Nostradamus? It was once $20,000 per coin, and last I saw it was worth under $6,800.
Some stock markets have had near-steady increases since March 2009, including a massive (20%) increases in 2017 alone. That kind of growth is unsustainable without some pullbacks. An 8% drop in a week is a bit harsh, and it may very well get much worse before it gets better, but since all other economic indicators seem quite strong, this seems like an unavoidable stock market correction and will seem to have been a great buying opportunity several months from now.
We'll see if that holds true for Bitcoin at these prices or not, but as an "investment", you can have it.
Haha when it was $7000 I posted in a thread here words to the effect of "that's unsustainable! Sell!!!" lol
I'm no Nostradamus. But that seemed insane at the time.
Re: You should have bought bitcoin.
Posted: Tue Feb 06, 2018 7:40 am
by Abc123
Bought at 2ish, sold at 16ish, buy again at 3
Neo at 8, sold at 120. With 5k. Lol. Yeah trust the bankers lol. I did miss the big push on Neo though. 2c to 8$ that would have been sweet.
Re: You should have bought bitcoin.
Posted: Tue Feb 06, 2018 8:00 am
by Duncan
Abc123 wrote: ↑Tue Feb 06, 2018 7:40 am
Bought at 2ish, sold at 16ish, buy again at 3
Neo at 8, sold at 120. With 5k. Lol. Yeah trust the bankers lol. I did miss the big push on Neo though. 2c to 8$ that would have been sweet.
So this qualifies you as a gambler ?
Re: You should have bought bitcoin.
Posted: Tue Feb 06, 2018 8:10 am
by Abc123
Duncan wrote: ↑Tue Feb 06, 2018 8:00 am
Abc123 wrote: ↑Tue Feb 06, 2018 7:40 am
Bought at 2ish, sold at 16ish, buy again at 3
Neo at 8, sold at 120. With 5k. Lol. Yeah trust the bankers lol. I did miss the big push on Neo though. 2c to 8$ that would have been sweet.
So this qualifies you as a gambler ?
Off to Nagaworld this weekend to lose the lot at poker.
Re: You should have bought bitcoin.
Posted: Tue Feb 06, 2018 8:20 am
by Duncan
Abc123 wrote: ↑Tue Feb 06, 2018 8:10 am
Duncan wrote: ↑Tue Feb 06, 2018 8:00 am
Abc123 wrote: ↑Tue Feb 06, 2018 7:40 am
Bought at 2ish, sold at 16ish, buy again at 3
Neo at 8, sold at 120. With 5k. Lol. Yeah trust the bankers lol. I did miss the big push on Neo though. 2c to 8$ that would have been sweet.
So this qualifies you as a gambler ?
Off to Nagaworld this weekend to lose the lot at poker.
OK, that will qualify you an '' investor '' in Nagaworld enterprises.
Re: You should have bought bitcoin.
Posted: Tue Feb 06, 2018 9:14 am
by Kammekor
Abc123 wrote: ↑Tue Feb 06, 2018 5:46 am
Why you trust traditional money markets: by all the top banking guys. Once again.
Dow tumbles over 1,100 points in biggest one-day fall since 2011
Report: Dow suffers worst day in over six years
Explainer: Why are global stock markets falling?
Biggest points fall ever on the Dow
Volatility has soared today
Australian market braces for fresh losses
Dow tumbled 1,500 points, before finishing down 1,175
Falling government bond prices are also hurting shares
LIVE Updated 5m ago
A television screen on the floor of the New York Stock Exchange.
https://www.theguardian.com/business/li ... iness-live
There was a time when a horse cart was a great investment.
There was time when telecom offering SMS service was a great investment.
and there was a time when Bitcoin might have been a great investment.