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Post by davycrockett on Nov 24, 2022 16:16:26 GMT 1
To put that into perspective that’s a -64.34% for year to date compared to the pound (just as an example on volatility) -10.27% and Euro -8.42……
(Warning I don’t know what I’m talking about just a quick Google cos I wondered what Pilch’s bitcoin today 13,611.25 meant…..)
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Post by Pilch on Nov 24, 2022 16:35:08 GMT 1
To put that into perspective that’s a -64.34% for year to date compared to the pound (just as an example on volatility) -10.27% and Euro -8.42…… (Warning I don’t know what I’m talking about just a quick Google cos I wondered what Pilch’s bitcoin today 13,611.25 meant…..) it was worth over $68,000 on nov 10th 2021 |
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Post by martinshrew on Nov 24, 2022 17:30:47 GMT 1
To put that into perspective that’s a -64.34% for year to date compared to the pound (just as an example on volatility) -10.27% and Euro -8.42…… (Warning I don’t know what I’m talking about just a quick Google cos I wondered what Pilch’s bitcoin today 13,611.25 meant…..) it was worth over $68,000 on nov 10th 2021 It was worth $6,900 in January 2020. It was worth $315 in January 2015. My prediction is it will hit $100,000 before 2030. It's got more chance of doing so than net zero happening anyway ... |
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Post by martinshrew on Feb 20, 2023 16:12:08 GMT 1
It's been quiet since mid-July. Not a huge amount to talk about to be honest. I'm only winding you up tbh. I do think it's quite interesting that btc has dipped below its previous cycle high again. Day after the cap hike is interesting timing. It's been as dead as a dodo for a while, BTC seems to be trying and failing to break and sustain $25,000+. I've been into FLR, had my airdrop, wrapped to WFLR and delegated and getting decent rewards. Remains to be seen what ideas Hugo has for the project moving forwards or if it's an extended 36 month airdrop for him and his friends to dump. |
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Post by frankwellshrews on Feb 20, 2023 17:04:52 GMT 1
I'm only winding you up tbh. I do think it's quite interesting that btc has dipped below its previous cycle high again. Day after the cap hike is interesting timing. It's been as dead as a dodo for a while, BTC seems to be trying and failing to break and sustain $25,000+. I've been into FLR, had my airdrop, wrapped to WFLR and delegated and getting decent rewards. Remains to be seen what ideas Hugo has for the project moving forwards or if it's an extended 36 month airdrop for him and his friends to dump. On bitcoin, 99% of the volume is on Binance. Barely a cent in bitcoin is moving anywhere else, billions is changing hands on Binance. The implication is that the recent upwards price action is simply Binance "quarantining" BUSD before the market gets too spooked and occasional downwards pressure from people who've managed to exit their position cashing out (and those who can still redeem BUSD taking advantage of arbitrage opportunities). In other words, all the btc price is telling you is you now to have to pay more in stablecoins to get bitcoin (to facilitate the arbitrage mentioned above) but there's very little real demand for bitcoin from the outside economy (hence small transactions keep sending the price tumbling and it keeps yoyoing around). Very negative regulatory outlook as well, particularly if the SEC is going to require exchanged to be qualified custodians and comply with everything that entails (ie actual real life audits). Regarding your last paragraph, I think you've answered your own question; any currency or investment asset that has to be goven away for free probable doesn't have a great future but we'll see I guess |
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Post by martinshrew on Jul 13, 2023 18:53:43 GMT 1
What a day for XRP, secondary sales confirmed as 100% NOT a security!
Up 40%+ on the news today!
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