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1st batch in August 2018 at IPO and a few more since.
Still not sold a one yet contrary to reports that all the early investors jumped out.
I have long term plans for this well beyond the current correction prices.
Hope everyone has a relaxing Sunday, give the charts a day off, it will still be there tomorrow
Blue moon rising for me :)
Have a nice day everyone
What’s the weather like today on Delacey Island? Bet the suns out :)
drlong
an example for you
in January 2017 you put £100 in a bank account, it would have accrued circa 50p in interest, yet due to inflation which over the last 5 years has run at approx 2% (but about to go alot higher) means that your £100.50 value will only be worth £90 in relative value today. so you have lost 10% of your value.
if at the same time you invested the £100 in BTC then today that would be worth £2,700 (or $3,800)
which option do you prefer???
Envious Schadenfreude :)
Xenor - i know you have done due diligence on your research for the fundamentals - just have some faith in that rather than listening to the FUD from trolls.
enjoy your afternoon off.
going to enjoy CoD - Zombies - Outbreak - i just imagine that all the Zombies are Trolls :) cheers me up no end
So it’s just an uninformed gamble for you then!!!
So how would you know if it’s under priced or over priced then
Makes no sense to me
Drlong is one of those that believe an item has no value unless it appears on the periodic table :)
Suggest he needs to do some research before engaging with the informed
Had to switch off from the BB this week as the full of S**t FUD volume meter was off the scale and became illegible.
So I thought I would look into the reason for this and the psychology behind it.
When a market sector or stock attracts this much attention from trolling then for me this is a further Bullish sign in addition to all the fundamental information I have gathered which decided my initial investment and continues too.
The general purpose of any BB is for investors or potentially interested investors to interact and exchange views and information on potential direction and becomes a plethora of compiled data, views and debate which would generally assist the whole crowd in expanding their knowledge base on mass. So naturally the general view of a BB is positive towards a particular stock but any sensible opposing arguments would be welcome for debate and again may provide assisting in determining direction and profitability.
So why the troll invasion at any given time when the stock or BTC takes a drop?
I think they can be split into 3 categories
1 the paid de-ramper
Generally seem to originate from south America, suffer broken / pigeon English, have no grasp of stocks or crypto, make comical un-informed statements to evoke a reaction from the invested in order to attain a prominence on a BB for which they are rewarded financially in an effort to lower the price for an entry by an unscrupulous larger investor who recognises the potential for the stock.
Verdict – pity, as they more than likely have little money and are paid to incite nervous hands. Ignore them and do not respond so there post passes down the board quickly.
2 the Envious
This is a particular group that more than likely do not mix well in society, they are green eyed sadists who missed out on this opportunity earlier and now will spit venom to frighten investors to sell with the hope of getting there lowest possible entry and to hell with anyone they effect on the way.
Verdict – it is easy to defend their rhetoric as they have little knowledge and are unable to substantiate their ramblings.
3 the ‘Schadenfreude’ (no single English word to describe, only in German)
These people I have most concern for as they are not invested, probably have no interest to invest and their only pleasure is to revel in the pain and misfortune of others. They are no doubt very lonely and mentally disturbed and get off on the disruption they cause.
Verdict – no idea, just social outcasts.
Whichever they are, they all tend to correspond the same drivel from script claiming ‘ponzi’ and ‘bubble burst’ but will not respond to any engagement for substantiation of their view point because they are all uninformed as to this tech sector.
I have yet to see even one of these types offer up the smallest semblance of rational debate as to why they consider crypto, BTC and miners as not being a sustainable asset and solid future investment.
None of them will change my opinion.
So much for journalistic integrity, obviously little in way of research as most of what they report is wrong.
And who values an exponentially increasing tech stock on a TTM PE ratio, May as well compare it to accounts from 10 years ago!!
Markets are forward looking, especially in this sector.
Very poor journalism, just agenda driven dribble for me from the fool tool.
They will be listing on AQUIS, listing date still to confirmed but could be up to 6 weeks away yet, big prospects for this one though when it does
Ha ha :)
Will have to take all 3 of them to Delacey island for drinks and hula.
Cheers RC
Lol, sounds like the booby prize that, thought it was a Cornish pasty.
Best lesson for saby / zorro is when we head north and his prize be humble pie ;)
Cheers and ATB
Got my name all over it .zstarz :)
Absolutely Xenor, but that is how the markets operate, early investors will take profits and new investors will enter because the fundamentals are strong and positive. This is how a share price grows, up and down not in a straight line.
our baseline is now much stronger than it was in January, good place to build from imho.
ATB
On 8th Jan, BTC reached an ATH of $42k and ARB reached ATH of £1.45 and everybody was happy as a pig in ****e.
4 months later and we are pretty much at the same point and everyone doom and gloom.
Both have correlated back together and found new support levels to extend from.
zoom out a bit and see that both are massively oversold whereas 4 months ago the same position was over bought.
the markets are doing what they do.
Absoefinlutely
Firstly, people of global prominence like EM can have an impact on any market they choose to due to the vast following so it’s not just exclusive to crypto.
Secondly, if he has or does sell his BTC then it’s about 0.18% of the BTC Mcap so hardly going to collapse it, there has been twice that value in the long / short liquidations that occur on a regular basis.
Thirdly, this has zero impact on ARB as they just go about there business as they would do on any other day when BTC rises and falls.
Any more BS you need to get off your chest Pearls???
You never know, EM might just have done us all a big favour, it’s been mentioned for weeks that BTC needed a retrace to around $43k to instigate the next bull push, this might just get there.
Silver linings and all that, let’s just see how this plays out, it’s a marathon not a sprint.
Hexam
I agree, personally they don’t bother me and find them amusing but I feel the misleading scriptures they seem to read from need calling out
But it is only now that is is attaining recognition and adoption within the global market economy, over time this is more likely to increase rather than be banned from use and it is far more flexible compared to gold in that it can be used as a genuine form of payment.
How many people use physical gold to make purchases??
Joker
It could do, as anything is possible, but in what scenario do you consider it being worthless?? genuine question
Does anyone on the planet ever consider that Gold would be worthless??
We assign intrinsic value to all material elements in our lives, getting your head around a digital asset is certainly away from the normal thinking but it is never the less a finite commodity of appreciating value as a result of its genius format.
The fact you can't physically hold it in your hand doesn't mean it can't be assigned value.