Britcoin?

jakehake

Preachs PA
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I don't think we know the exact figures.. but I believe Tesla has BTC listed as an asset on its balance sheet. Similar with Apple. There also are now ETF's buying crypto. So the whole crypto arena is going mainstream.

Didn’t the ETF get rejected? There are some blockchain ones permitted like Invesco Elwood but they aren’t invested in crypto per se but companies with blockchain based products I think so a different kettle of fish
 

sliper

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Again they started accepting it as payment then had to stop as the swings were going to be too much of an issue for their finances. Doing things like that aren’t exactly going to help it be seen as legitimate, or stable or viable. It’s a game for him(and he’s winning at it, the people who are funding his wins aren’t maybe feeling it as much)

I've been listening to Michael Saylor who to my mind makes a pretty convincing argument for BITCOIN. He certainly puts his money where his mouth is.
 
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stf4ever

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Again they started accepting it as payment then had to stop as the swings were going to be too much of an issue for their finances. Doing things like that aren’t exactly going to help it be seen as legitimate, or stable or viable. It’s a game for him(and he’s winning at it, the people who are funding his wins aren’t maybe feeling it as much)

Where did you read that?

I thought it was well advertised that it was due to the concerns about energy usage which caused the price to momentarily plummet?

In fact, hasn't he gone on record to say they're going to start accepting it again once their research is completed?

If people are that concerned about the viability due to the swings then people will start hedging their bets and selling percentages of their incoming bitcoins to ensure stability, in the same way a bookmaker would lay a bet if somebody came in with £25,000 on a horse at 11/1.
 

sliper

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Didn’t the ETF get rejected? There are some blockchain ones permitted like Invesco Elwood but they aren’t invested in crypto per se but companies with blockchain based products I think so a different kettle of fish

I believe the SEC approved an ETF in the last couple of weeks.. but others already exist in Japan and Canada (I think). I believe ARK invest have several.
 

Sports Trader

Advisor to the Owner
Yeah there’s been a couple of ETFs approved in the past month or so with more in the pipeline.

These are futures ETFs, spot ETFs are in the pipeline
 

outreacher

Respect Nature
Patron
I did but the crypro had to be converted to pounds to do so.

I was one of the lucky ones who got in early, seriously wish I'd have put more in at that time.

Been some good rises over the past 12 months but nothing will compare to those very early days.

Capitalist Pig....does Jez know?
 

Liberation

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Me and my mate Raj had loads of Bitcoins in 2010 in a website called Mt Gox. One night, in about 2013/14, they just suddenly disappeared with our money, never to be seen again. Our bitcoins would be worth circa $2 million today. I'm not mad about it anymore, I probably would have sold a while ago. Was a major cause of a deep depression I experienced, however.

Off Topic: I also had a JK Rowling signed first edition of The Philosophers Stone that I got given to me for caring for a lady with Parkinson's when I was little (turned out her son was a millionaire). Worth thousands. Mum gave it to charity a few years ago. She shrieked when I showed her what it was worth.


Is your nickname " Lucky " ?.............. Sorry, couldn't resist. :)
 
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