Member Info for danielh

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!!!!

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.

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????

I don't think barclays are jumping on the bandwagon, they had a target of 2.30, lower than most, but have clearly changed there forecast to 2.80. based on good results & recent news. By the way, if you had bought vod shares when they where 2.55, you would be in profit by about 15 to 20p per share including divi's, which is a better return than most savings accounts. Of course broker targets are confusing, because when is the target for, & does it allow for the divi. With a 5.5% yield on the current sp, the sp needs to fall by over 12p in a year for investors to break even. I tend to think of broker targets as what a share will be worth in a years time including the divi. & at the end of day its a target, like playing darts your target is 20, dos'n't mean your going to hit it!!

I see than even barclays, who went 2.30, that you agreed with, are now going 2.80. Are they now thicko's? Only 20p to go, & you can get your money back, + divi's. Me, I got my money back a long time ago, just have to work out what I'm going to spend all my profit on?! Its difficult !!!!!

Charr, I think the rise is helped by the the softbank alliance. Looks good to me.

On wed the closing sp was 225.25. not 226.45. & on friday 224. not 224.30 as quoted. Quite often the previous days close will be quoted in error.

Why does this site so often quote the wrong closing sp.

Great to see the sp finish strongly for a change, The sp tends to do well for most of the day,& then collapse. I hate to agree with a Sunday sun reader?! But I agree, back over 2.30 soon, would be fantastic.

Dow jones at all time high, up 175. Are we getting nervous???!!! I've just reached for a stiff drink!! Ban all pins anywhere near Wall St.

I think there's a lot of confusion here, I made quite a lot of money from the verizon sell off, because I had vod shares before the sell off was announced, anyone who bought after that expecting something for nothing where very naive. I'ts like backing a horse when its in the lead just before the finish & expecting to win money.

Got to agree, Take the ratings with a pinch of salt, but don't cynically ignore them!?. I think (perhaps cynically) if you take 10 to 20 % off the higher broker ratings, then you may have good advice. I think most brokers make more money from people buying rather than selling shares.

Sorry char, but I cant make any sense of your last post. If you hate broker ratings, don't read them. Your very negative, but post your opinion as buy? If I where as negative as you, i'd sell all my shares in vod, & move on. But then again if you did, you would have nothing to moan about!!!

Barclays forecast 2.30 not 2.50.

I think 2.30 is too low. 2.40 . 2.50+ more realistic in my opinion. But to be fair, I'm an optimist not a pessimist!!

Hi spikey, I'm glad i'm not a lloyds shareholder, after your comment i've just had a look at the share chat, 42 posts already today before 2pm, & what a load of rubbish. In future all vod posters will go up in my opinion, even char!? (Sorry char) only joking.

Spikey, get your point 100% Brexit arguing does my head in. I can see it from both points of view!!

Hi spikey, can I ask you which you voted on brexit, & how you feel now. I voted to stay in, but I think that vod may have gained by coming out so I have mixed feelings. Brexit was never going to be simple & I think the lesson to be learnt is don't have referendums about complex things most people just don't, or cant be bothered to understand.

Hi char, With all due respect I think you have such an anti government, anti brokers, brexit doom, sods law ,chip on your shoulder attitude, that it may skew your judgement. Think positive, The everybody else is an idiot way of thinking will get you nowhere. Lets all hope the sp gets back to 2.50 then at least we may have a more happy chappy char!!??