The Tucker McRoy Den: funny pics, vids and whatnots: Page 155 - The Arsenal discussion community: One More in the Tolly

The Tucker McRoy Den: funny pics, vids and whatnots

goon

😆

Claudius

where the fuck did he find that? 😆

jones

😆

invisibleman18

😆 so funny. That can't be an easy book to find so the Grandad has gone to some effort there but why the little boy asking for it didn't raise any alarm bells I don't know. 😆

Daz

That's exactly what I was thinking Invis. Maybe Pops already had a copy in storage. And to think I got the shits years ago when my mother in law gave my daughter a kids bible story for Christmas!

Asterix

https://www.theguardian.com/technology/2021/jan/12/in-bits-the-programmer-locked-out-of-his-130m-bitcoin-account

This would seriously piss you off. I can't even imagine. Seems unbelievable there is no recovery mechanism.

Mirth

😆

There was a guy in Wales who chucked out his hard drive without realising it carried $4m worth of BTC. Legend says he's still trawling through garbage trying to find it. I would do the same tbh.

Claudius

What about this guy? Down to 2 password guesses

[Twitter][/Twitter]

goon

😆

An IT colleague of mine PLEADED with to get into Bitcoin when it was worth nothing (he used to mine for it at home). I could have bought out Omitt ffs.

invisibleman18

I suppose he must be doing well enough though if he was able to chuck the initial $40,000 aside and forget about it for 10 years...

flobaba

Isn’t this bit coin thing another Ponzi scheme bubble? How does it store value? What makes it viable?

Claudius

new investment makes it valuable.

Coombs

Nah, it's the future. That world is full of good ideas, radical thinking, and creative concepts of wealth and power. For bad and for good. It's so much more than bitcoin.

Klaus

The nature of bitcoin makes it utterly useless as a currency. It's an investment scheme and that's all it's ever going to be. A prohibitively expensive one too in terms of power supply and environmental impact.

Claudius

Klaus wrote:
The nature of bitcoin makes it utterly useless as a currency. It's an investment scheme and that's all it's ever going to be. A prohibitively expensive one too in terms of power supply and environmental impact.

all of this

jones

Klaus wrote:
The nature of bitcoin makes it utterly useless as a currency. It's an investment scheme and that's all it's ever going to be. A prohibitively expensive one too in terms of power supply and environmental impact.

Exactly. If you can get on board and off it early enough you can make some money with it, but you're pouring money into a toxic garbage heap in the process. Bit surprised at Coombs stance regarding the good part of it because I'm yet to come across any good of it

QuincyAbeyie

I guess the only good thing is that the halving every fourth year or so makes it an easy way to make some money. The cycle has been pretty similar all three times, but the one major thing is that a big increase happens after every halving.

TambourineMan

One of my friends who is an absolute moron in every way except finance advised me to buy Bitcoin before Christmas and I did. I bought 3 and will forever be indebted to him.

Still have it and am going to hold out a little longer. Feel like I missed the optimal selling point but even if it slashes in half from tomorrow I make a little so not fussed about when I sell.

I usually have a very vanilla portfolio filled with ETFs and safe commodities. This is a nice change but don't really want to get carried away either and end up losing everything I have.

Claudius

just hold onto it. more and more institutional investors will come on board and prop it up.

btw, speaking of investments, is it strange that in the middle of global pandemic, economic recession, and now US Capitol invasion; all these markets keep spiralling upwards. the forces are understandable but what role should the government play in regulating distribution of benefits. is now a good time for consumption taxes in places like US?

deardevil

Tambourine Man wrote:
One of my friends who is an absolute moron in every way except finance advised me to buy Bitcoin before Christmas and I did. I bought 3 and will forever be indebted to him.

Still have it and am going to hold out a little longer. Feel like I missed the optimal selling point but even if it slashes in half from tomorrow I make a little so not fussed about when I sell.

I usually have a very vanilla portfolio filled with ETFs and safe commodities. This is a nice change but don't really want to get carried away either and end up losing everything I have.

Wouldn't allocate more than 5% of your total portfolio on it.

It's speculative and your weighting should reflect that.

« Previous Page Next Page »