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#1031
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I don't really see the point of Ripple, it's not decentralised and with existing stablecoins and inevitably coming CBDCs( central bank digital currencies) what is it that Ripple does better? 4 years ago I could see it as decent entry point, right now only appeal is that the price dropped a lot very quickly so you can get it at relatively cheap price, it's likely that price will rebound in short/mid term but in the long run I do not really see the point of it. I suppose it might be worth a gamble if you belive it will go up and sell for profit but don't think it's for for long term investment.
And yes I do hold some, a small amount I bought long time ago at about $0.25 but that was different time back then.
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Currently 8less 2011 Q7 S Line 3.0TDI, 2016 Tesla Model S 90D 8 history: 2006 A8 Sport 4.2TDI quattro SOLD, 1997 S8, reached end of life with gearbox failure |
#1032
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Bitcoin is on BBC news again https://www.bbc.co.uk/news/business-55515529 a lot of people will get in on it again because of FOMO and price will rocket again. It's quite different from 2017 bull run as that was mostly powered by retail demand, this time it's more institutional but it's also a lot more accessible to firsttimer individuals especially with the PayPal allowing to buy BTC in US. The question is when the price starts going down what will the institutional investors do? Will they hang in long term or will they try to take profits and get out. Depending on it next crash migh be a lot smaller or bigger than the last one. It's about riding the wave and getting out on top then buy again when price falls. Easier said than done
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Currently 8less 2011 Q7 S Line 3.0TDI, 2016 Tesla Model S 90D 8 history: 2006 A8 Sport 4.2TDI quattro SOLD, 1997 S8, reached end of life with gearbox failure |
#1033
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I love the irony of comments like this that we frequently get from central banks ...
Quote:
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Mark ------------------------------------------------------ 2002 FE S8 Ebony Black Pearl ------------------------------------------------------ ------------------------------------------------------ Cars Owned: The Tesla Era: 2020 Model S Performance Ludicrous+ (present) (Black, with all black premium interior and carbon fibre décor, 21" sonic carbon twin turbine wheels and FSD capability) The Audi Era: '97 A8 4.2 (Ming Blue) --> '96 A8 4.2 QS (Dark Green) --> '02 FE S8 (present) The Citroen Era: '84 BX 1.6 RS --> '89 BX 1.9 DTR Turbo --> '94 XM 2.0L Turbo --> '96 XM 2.0L Turbo Exclusive --> '00 Xantia Activa 2.0L Turbo The Banger Era: '76 1.2L Lada VAZ-2101 (Ruski Fiat 124) --> '80 1.7L Morris Ital HL, finished in Ermine White and Rust Last edited by moltuae; 3rd January 2021 at 03:45 PM. |
#1034
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Seems pretty obvious why the price is going up.
Not enough Bitcoins available for purchase. https://news.bitcoin.com/data-shows-...t-circulation/ Ainars, as I am using Revolut I don't see the point to focus on decentralised coins only. It's not like I own the coins. On the other hand, I've spent the last two days trying to learn something about how crypto coins work And it is so complicated! I kind of figured out about crypto wallets, and how one can buy coins with fiat. But cashing back out into fiat... that seems quite complicated. The crypto coins are like a separate universe! Great if you are in it. But not so easy to jump back and forth
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Johannes _________ Audi S8 -99, Pearlescent, Alcantara/silk napa leather, Burr walnut insert, Alcantara roof lining upper pack A8 32V engine ----- Jeep Grand Cherokee -98 |
#1035
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Quote:
As for Bitcoin, I was hoping for a good pull-back (maybe even $17K) to accumulate more, but it's looking unlikely that's going to happen now. In fact if the NUPL indicator is anything to go by, this bull-run may have only just got started ... Bitcoin price set to rise by more than 700%, suggests crucial on-chain metric https://www.fxstreet.com/cryptocurre...c-202101051819
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Mark ------------------------------------------------------ 2002 FE S8 Ebony Black Pearl ------------------------------------------------------ ------------------------------------------------------ Cars Owned: The Tesla Era: 2020 Model S Performance Ludicrous+ (present) (Black, with all black premium interior and carbon fibre décor, 21" sonic carbon twin turbine wheels and FSD capability) The Audi Era: '97 A8 4.2 (Ming Blue) --> '96 A8 4.2 QS (Dark Green) --> '02 FE S8 (present) The Citroen Era: '84 BX 1.6 RS --> '89 BX 1.9 DTR Turbo --> '94 XM 2.0L Turbo --> '96 XM 2.0L Turbo Exclusive --> '00 Xantia Activa 2.0L Turbo The Banger Era: '76 1.2L Lada VAZ-2101 (Ruski Fiat 124) --> '80 1.7L Morris Ital HL, finished in Ermine White and Rust |
#1036
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Before Ripple peaks, wave it goodbye. Sorry I'll go now
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A journey of a thousand+ (epic) miles, begins with a single step, (to the door of an 8). Lau Tzu |
#1037
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So......Some while back i just turned off my miners, sulked a bit and ignored the whole thing!
I didn't sell anything as it wasn't worth it and you never know where things will go and well it looks like things are getting better.....though mainly bitcoin, rather than some of the other smaller stuff i had! I'm guessing the Antminer s7, s7(two cards) and the S9 are probably still not worth bothering with. Never got round to selling as i just hate selling things, postage is a pain and personal pick up also tricky this last year. The 4 x GTX970 linux/Windows box may be worth turning back on though, particularly as my living room is cold!!! Last September as I couldn't justify buying an D3 S8 v10 as I went a bit ethical and looked at Tesla, which I couldn't afford, so put £5k of my bonus in the shares at $233 a share, what with the 5 way split and they're worth ~$850 (x5) today HODL things really does work
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Current : 2005 A8 Sport 4.2 V8 D3 - LPG working! Previous : 1998 S8 PF 4.2 V8 D2 - Gearbox died ~120k 2002 S8 FL 4.2 40v V8 D2 Prins LPG - Engine valves met pistons ~230K Also : 1996 Jeep Grand Cherokee 4.0l (Post Apocalyptic makeover) 2003 Brabus Smart FourTwo (should sell) 2003 Mazda Rx8 2.3 (might sell) |
#1038
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In case anyone is still playing with magic internet money, CoinTracker just leaked 1.5M email addresses which are now being used (amongst other things) to generate fake cryptocurrency invoices via Paypal.
Breach info here: https://www.databreaches.net/importa...curity-update/ Check if your email was leaked here: https://haveibeenpwned.com/ |
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