We chatted to IronRidge Resources' CEO Vincent Mascolo who explains why the company has become a lithium explorer. Watch the video here.
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STOP f***k this board with crap about nothing.. right
If what your saying is the sooner the bitcoin bubble bursts, the better, I 100% agree. The longer it takes, the more money will be lost. At any one moment in time the total money that's been paid for bitcoins on the markets will always be greater than the total amount received from bitcoin sales & as the price rises this gap will become greater,( Mathematical fact). You only make money on bitcoins when you sell them, so for the price to keep rising most people cant sell, & if you dont sell your loosing money. If a lot of people sell to make a profit,then the price falls,& anybody still left in there could loose big time. overall most will loose money. The greater fool theory is worth looking up on google.
Couldnt have put it better......
What the poster is saying is that smart money will leave bitcoin for other underpriced assets. I am disturbed that a friend says guys at his work place now spend their lunchtimes trading cryptos and guys at my son's school have bought bitcoin. it seems that bitcoin is now being flogged from the rich to the poor ready for bubble burst time. Where will it go ? There is only 1 undervaued asset in historical terms - gold. JMHO.
Well after all the rises the markets have had rather than the expected bubble burst I think bitcoin and blockchain will do exactly that and act as a relief valve for the rest of the markets....
Doesn't seem to have been such an easy ride with local competition appearing. I am not sure about this share anymore..
What do you mean, a relief valve for the markets? Please explain.
I am thankful of bitcoin as I see this as a relief valve for the markets......
Stop giving this crypto malarchy airtime.
The block chain is just a different way of showing ownership ... so a block chain on a share certificate is rather likely to be a waste of time. (Neither the share certificate nor your entry in your brokers nominee account validates your ownership -- the final arbiter is the company registrar who unilaterally can verify or not your holding.) As for use of a block chain or some crypto-currency for use as payment for shares that's simply a matter of convention, convenience and confidence. With the current block chain becoming less usable because of transaction delays and transfer fees becoming larger I can't see my brokerage account being conducted in Bitcoin any day soon. Rather than a viable form of money, ie a means of payment and exchange, the current Bitcoin hiatus is one of speculation ... and rather akin to thinking that a £5 note with the serial number AK47 on it is worth a fortune I suspect that some day soon every man and his dog will see that the emperor is rather scantily clad. I for one am not buying any tulip bulbs, bits on a disk, railway shares, investing in the Mississippi adventure or the South Seas company! Mike
Wherever global conflicts arise or central banks start QE on massive scale this validates bitcoin as a legitimate currency more and more when investors buy bitcoin they are betting against central banks QE and inflation.
So why would I, or anybody else want to give there hard earned money to people who live in Venezuela Zimbabwe or china. What are you on about??
For People living in Venezuela Zimbabwe China etc bitcoin is like a gift that keeps on giving.
Sorry to talk about bitcoins in a vod share chat, but I'd like to think people on this chat are less stupid than most people on bitcoin chat. Bitcoins are like shares in a company that makes no profit & pays no dividend, apart from how much you can sell them for, they are worthless. So for them to keep rising you have to have more buyers than sellers, so that means there are more losers than winners, To win (make a profit you have to sell) For there to be more winners than losers (i e those who sell at a profit) there has to be more sellers than buyers. Once the sellers = the buyers the price will stagnate, so unless you sell, your bitcoins are worth nothing, of course when this happens the price will start to fall & anybody who dosnt get out quick could lose everything. I think many people who bought bitcoins wouldnt remember chain letters in 70s. The only ones who made money were the ones who set it up (now its illegal) or the ones who got in early & out again. Just like bitcoin if you had bought early, ( even a year ago) & get out in time you can make a lot of money, but its a mathematical certainty that far more will lose than profit. So were is all this money that's lost going? 1st it costs about 1000dollars to mine 1 bitcoin in electricity to driving massively powerful computers. 2nd the miners are selling them at 14000 dollars,so for every bitcoin thats currently being mined 14000 dollars is lost, & then course the guys who got in early have made massive profits, plus of course the so called greedy bankers & brokers are taking there slice. Apparently a lot are mined in china. I remember when you were told not to buy anything that was made in China, but of course China make very good things now, (but not bitcoins). Of course there is the argument that gold sitting in the bank of England may as well be worthless, but it does have some intrinsic value.Its used it electronics, & anyway you trying proposing to your future wife with a bitcoin ring!!!!
? giant african land snail, maybe?
It was the blockchain theory I was interested in. If every share in the world was traded by block chain method then ownership cannot be fraudulent or manipulated by mms. Having written that now and read what I've put I struggle to see how blockchain would allow for takeovers or raising money in a market so the world might grind to a halt!
Hello spikey, nice to hear from you, but I think vod sp up 16p almost 8% in a month is hardly a snails pace. But of course i'm hoping it moves faster, 2.40 by year end will do, but that's only about 4%. in 1/2 a month.
So its all the fault of greedy/ corrupt bankers & politicians, & needs to replaced by corrupt & very greedy bitcoin miners & investors. Its hypocritical nonsense driven by anarchistic geeks. Apparently to mine 1 year of bitcoins it uses as much electricity as the whole of Ireland in a year. Great for the environment! Unplug your brain from whatever ever nonsense your reading, & live in the real world. Bankers just do what there paid to do, & that is to make money, If you lose money to bankers that's your fault, anybody who took out ppi was stupid & if you borrow more money than you can afford to pay back, that's your fault, not the bankers, Property is overpriced, but that's because people invested in it to make money not just to live in. Bitcoins are way overpriced,& of course the price will eventually crash.
indeed. it does tend to move with the pace and grace of a snail.
http://bit.ly/2Bbnv3H With Blockchain it’s simple: you take line one, write the information, the owner, title, date, and transfer, and share it with a group. They confirm it and add record #2, then #3 and so on. It’s a public ledger like the old day courthouse, where the system pays the fees. It also can’t be tampered with, as everyone has a copy and there is no central place to bribe, steal, and subvert as happened in 2006 with US mortgage market and subprime but also in history like in the 1930s or the railroad and mining boom of the 1800s. If there are questions, you refer to the consensus if it’s transferred, it is transferred on the ledger. If it isn’t on the ledger, it isn’t transferred, same as the courthouse. Essentially, that’s what “ownership” is: the consensus that you own something. Therefore you do not have assets disappearing or owned by 4 different owners clamouring to get paid or take possession of the same asset. Most folk don’t have a clue what Bitcoin is and what the associated Blockchain ledger might be, but everyone knows what the price action has been recently and Bitcoin has become the ultimate Klondyke. Bitcoin is private money and in a world where public paper money is being debased and printed at record amounts by Governments who have lost control of their economies confidence in the old way is waning as a growing number realise that we are in a Central Bank bubble of all bubbles. Private money using crypto technology is in its infancy and should be a clear warning to the world’s central banks that a growing number of citizens believe their command economy policies are doomed, just like the Soviet Union was. The US, along with the rest of the world, has entered full Ponzi, where credit has to continue to rise at unprecedented rates to keep the system from imploding. But the more credit we take on, the more fragile the system becomes. A sudden decline in equities or bonds, geopolitical tensions escalating, cryptocurrencies threatening fiat currencies, you name it, it can crack the façade of normality that rising asset prices create. Gold like Bitcoin is poised to tell the world what it knows and that is the current money system has been over gamed by those making the most out of it. Gold has yet to awaken, but when it does it will roar.
Now come on , let's not get carried away. This is Vodafone were talking about. I would love to be wrong though. Gla + ATB.
? double forfeit if it breaches 240p by end december 2017?
Just thinking one day we could see a global exchange for giant multinationals solely traded in digital currency.
No. why would they be worth £4 Bitcoin is nonsense. get real!!! Vod (in case you didnt know) is a real, profit making company. bitcoin is a currency supported by greedy, anti bankers, & anti government geeks, hypocriticly ****ging of, so called greedy bankers! Of course i wish id bought bitcoin 1 year ago at 1k dollars & sold today at at 14k dollars. But of course anybody but an idiot, knows the the price will eventually collapse. Even if bitcoins survive & shares can be be traded in bitcoins, why would that make vod shares worth more??? Please explain????
What would happen if major exchanges give the ok for shares to be traded in digital currency? could we see VOD. £4.00.