Cryptocurrencies

NTA

Pretty brave tho: likely to get serious physical violence done to you if you run into the wrong person

canefan

Pretty brave tho: likely to get serious physical violence done to you if you run into the wrong person

If the Russian mafia put money in he is a walking dead man

antipodean

Regardless of how clever I thought I was, I wouldn't have used my real name, nor posted a photo of myself. If anything, I would have asked a random stranger to pose for a shot. The person who pushed in front of me at the lounge for example...

Rembrandt

@antipodean I see some people have identified the egyptian resort he is at for the photo.

if course if he was really clever he would have taken that weeks ago and is instead right now in a log cabin in alaska

NTA

You could afford a fair bit of security for $50M

JK

@antipodean said in Cryptocurrencies:

Savedroid,

So apparently it was just a marketing stunt.....

? Offline

Well, it has 3 years already since this post. I was looking for some chats to know what people thought about cryptocurrencies one or two years ago. As I noticed situation didn't change pretty much. But that's wrong.

Bones

come on Ross, don't be like that

? Offline

Hey man, like what?

NTA

The recent activity around GameStop has proven that crypto is more like the stock market than some ever thought to believe.

Machpants

Cryptocurrency is all about a bunch of fluffybunnies that stop gamers getting their GPUs!

voodoo

Spotted just now in a Northern Beaches shopping centre

NTA

@voodoo have seen a couple around in select locations.

I note Bitcoin is now up nearly AUD$14k in the last 7 days, having shot up ~$6k around the time Elon Musk said he was putting some money into it or something, three days ago.

More amusingly, a crypto called Dogecoin was worth AUD$0.0062 as of 1st January. Now worth about 15 times that after Musk said he bought some.

Timing is everything.

antipodean

@NTA It's moved $4k in the last 24 hours. Irrational exuberance strikes again.

bayimports

@NTA said in Cryptocurrencies:

@voodoo have seen a couple around in select locations.

I note Bitcoin is now up nearly AUD$14k in the last 7 days, having shot up ~$6k around the time Elon Musk said he was putting some money into it or something, three days ago.

More amusingly, a crypto called Dogecoin was worth AUD$0.0062 as of 1st January. Now worth about 15 times that after Musk said he bought some.

Timing is everything.

Dogecoin was even created as a joke, like you say as soon as Elon tweeted about it, it went nuts! crazy

Kruse

@Bones said in Cryptocurrencies:

come on Ross, don't be like that

Ha, did you fall into the same trap I have in the past - and assumed a strangely-worded and fairly non-specific post was by a 'bot?

antipodean

Time for this graph again:

NTA

@antipodean said in Cryptocurrencies:

@NTA It's moved $4k in the last 24 hours. Irrational exuberance strikes again.

Catching the falling knife, as they say. It is profitable to those that bought in at $5k for sure.

I was surprised to see a sell order I had go off at AUD$20K, then remembered I had the last dregs of my foray still on a crypto site.

Had I put the sell order at something stupid like $60K, well ...

bayimports

graph reminds me of one we use in my industry for hype cycle technology trends.. interestingly we also go through the trough of disillusionment (despair), i like it

NTA

@bayimports said in Cryptocurrencies:

graph reminds me of one we use in my industry for hype cycle technology trends.. interestingly we also go through the trough of disillusionment (despair), i like it

Could easily be the introduction of a new contractor partner as well. All hype, then hope, then nope.

The Silver Fern

Cryptocurrencies