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No you didn’t.
So did I Suthy .
Ltd- I sold Vela that day at 0.32 right at the top, whilst you got caught in the hype. So don't try and make out you are an expert trader.
Ltd- really :) and that's your professional opinion is it:).
"I’m not trolling Jambone, I actually want to see a return on my investment. I’m just concerned for your state of mind."
Indeed. I filtered him ages ago as like several posters on here he see's positive in just about everything and the negative in absolutely nothing and gets easily upset and childish whenever anybody suggests all may not be well. Whether it's blind faith, an overemotional (and/or 'overfinancial') attachment to the share or just naive stubbornness I don't know but normal investors should welcome all views especially those which challenge their own thinking.
Instead this board is just a playground with insults and stupid accusations of manipulation, multi-IDs, agendas etc. from the more fanatical posters. And none of that matters as in the end the only thing of real importance is what actual and verifiable news gets delivered and whilst we all have our own views on what that might be (and maybe strong ones too) none of us can know for certain. So we could just be silent and wait or debate like adults - or we could just keep this board looking like a reception class has been given access to the school computer. I'm not holding my breath.
All I can see is a lot of sells. When talk is of minor trades signalling foul play then you know a share is in trouble.
It's usually MMs signalling to each other availability of stock/trading range etc. or small trades to pay monthly account fees for holders with no cash balance.
Savvy - who knows what goes on . We have some of the most persistent trolls on AIM on this board. I am not personally complaining as i continue to accumulate at these ridiculous prices (and some others i know aswell). However, all that really matters is what FG updates us on . There have also been dodgy articles trying to discredit Qbt etc....(all carp with no real knowledge of Qbt). So whislt i can't be sure, i would not rule out any dodgy tactics against Qbt .
I’m not trolling Jambone, I actually want to see a return on my investment. I’m just concerned for your state of mind. No disrespect intended
Shall I remind you about the trades on Friday? Cost of execution more than the trade value, that's very suspicious.
10-May-24 16:17:09 1.05 190 Buy* 2.00 O
10-May-24 16:14:07 1.05 190 Buy* 2.00 O
10-May-24 15:08:21 1.05 190 Buy* 2.00 O
10-May-24 15:08:00 1.05 190 Buy* 2.00 O
10-May-24 15:04:46 1.05 190 Buy* 2.00 O
10-May-24 15:04:23 1.05 191 Buy* 2.01 O
Nm
Not sure why it’s crazy Savy, been some plank putting little sells in trying to manipulate for a good while, unless you think those small sells are normal?
What it means is someone is reducing their holding so rather than let them back in to manipulate again.
Damn obvious a boiler room here especially with the multiple tick ups within seconds for an trolling post.
Jambone yes i am looking to top up today.
Sorry Jambone, but that post is just plain crazy
So it’s clear some plank is trying to manipulate the share price, get ready with the buy finger and beat these people at their own game.
Soz. Roll out.
Roll on. And roll up for the fill out.
Some news must coming soon.
🤞
Intensive testing. 24/7
…. It’s no more volatile than hundreds of stocks , forex , commodities etc
But it went over $68,000 in Nov 2021 and then fell to around $16,000 in December 2022, the reason it's so volatile is because it's not tied to anything tangible. How would anyone investing in Bitcoin today know it wont drop to $15,000, or $5,000, by this time next year? Because its value is based on speculation, even if the HODLers hold on to their Bitcoin the speculators could still push the price down to next to nothing, in the absence of the whales jumping in to support the price. Bitcoin has one purpose and that's to allow punters to bet on the price direction, anything else is just the facilitators who make money by running the machine and taking their cut.
Well i certainly dont and never have suggested it will replace Fiat .... thats ridiculous ! However , it is a product that will work alongside Fiat ... of that, there is clearly no doubt !
The investment case is quite simple really , (1) If you'd invested 10k$ in BTC in 2010 , your investment would now be worth into the millions of $'s ; (2) If you'd invested your 10k in $'s in 2010 , its real value would now be less than 10k $.
So , i believe , that would have been very sound investment advice , albeit risky, at the time !
Pas, one of the narratives pushed by the vested interests is that Bitcoin will replace Fiat, don't take my word for it look on Google. If Bitcoin is an investment opportunity, what's the investment case? I would argue against the historic price outperformance as justification for buying Bitcoin, since Bitcoin doesn't have any efficient use cases. The value of Bitcoin is free floating and based purely on demand, but what is that demand based on in the absence of an association to something with a real world use? If Bitcoin was worth its weight in Gold, by association, then I could see where the valuation might come from since Gold has real world use cases, as well as being a store of value.
'.....touting BTC as a solution to all the World's financial issues, .....'
..who ?? ... In their right mind has said that , its not a solution to financial problems , its quite simply an alternative invesment opportunity (the 10k/2'10 investment example could not have been clearer in that irony ladden vi !) ... and as such , BTC has outperformed most other products since 2'10 .... its the 'daddy' (for now) of the digitally driven crypto world .... crypto as investments are here to stay , theres no doubt about that ... in the words of that brother /sister duo ... 'we've only just begun ' !
Pas, I would suggest the outperformance of BTC is irrelevant and doesn't disprove my view that Bitcoin's price is based on belief and speculation. Obviously the hyped narrative, touting BTC as a solution to all the World's financial issues, has caught the imagination of some very rich people who've bought into the hype, then encouraging others to create a belief/speculative hype machine aimed at building a snowball effect.
I have no idea what will kill Bitcoin, or when it will happen, but in my opinion the lack of an efficient use case will eventually lead to its demise.
'.....No mention in the Video about using hard assets as a hedge against inflation, like owning property, stocks, or commodities like Gold...'
... and that , is a very good point indeed ... A Portfolio Mix ... is essential! 100% right on that one Flex ,,,,
....however , the very pertinent point in the (irony ladden ) video, was of course the return from 10k$ invested in BTC back in 2'10 .... compared to 10k invested in USD at same time ...... now that has to have 'chimed' with even you !!
Not really, Fiat currency values are based on the economy of the issuing block/Central Bank's. The Euro is based on the EU economy, Sterling is based on the UK economy and the Dollar is based on the US economy, although the US appears to get away with writing blank cheques due to their status as the World's reserve currency. Unlike Fiat, Bitcoin has no Central Bank and isn't associated with any economy, so its value is based purely on belief and speculation.
The Bitcoin Fiat comparison is yet another fake narrative used to hype the Token and build belief that Bitcoin is somehow the same as, but better than, Fiat.