Plentyoffish dating forums are a place to meet singles and get dating advice or share dating experiences etc. Hopefully you will all have fun meeting singles and try out this online dating thing... Remember that we are the largest free online dating service, so you will never have to pay a dime to meet your soulmate.
     
Show ALL Forums  > UK forums  > Bitcoin - just how bonkers is it?      Home login  
 AUTHOR
 rekirked
Joined: 11/7/2017
Msg: 176
currency... as real as a dude on a cloudPage 8 of 9    (1, 2, 3, 4, 5, 6, 7, 8, 9)
Just the one hash brown? On my increasingly rare visits to the Golden Arches prior to 10.30am it has to be at least three of the little saturated fat wonders with a fully intact sausage and egg McMuffin and a double espresso. It leaves my stomach feeling like a dishwasher waste pipe for the rest of the morning and the van stinks but it’s worth it. Never enough napkins though.
 billybonds
Joined: 8/8/2014
Msg: 177
currency... as real as a dude on a cloud
Posted: 8/13/2018 12:53:39 PM
Lol plenty of white napkins at Cobham services but
It's a meal deal.... .on the ole hash browns ....
 Justanotherchap
Joined: 12/4/2013
Msg: 178
view profile
History
currency... as real as a dude on a cloud
Posted: 8/21/2018 12:45:28 AM
Sainsburys - bacon, brie and chill chutney (BBC)

On another bonkers note - "Investors betting on a fall in Tesla’s share price have made $1.09bn since 7 August, when Tesla founder Elon Musk tweeted he had “secured” funding to take the troubled company private.

The electric car company’s soared 11% to $379 after Musk’s so-called “Tesla tweet” that he had “funding secured” to buy out investors at $420 share. But that tweet – now the subject of legal action and a regulatory inquiry – so far has not led to an offer and Tesla’s stock has fallen 19% to $308 share."

We've, well not actually you and me, allowed a ridiculous system where people make money by forcing prices up and down. I think it all started with Pork Belly futures and has gone on from there. Admittedly most of the money around Tesla is emperor's new clothes type stuff, but an awful lot of people with their money in pensions for example could be seriously damaged by these shysters.
 rekirked
Joined: 11/7/2017
Msg: 179
currency... as real as a dude on a cloud
Posted: 8/21/2018 1:36:35 AM
The problem with Musk is investors started to believe the hype and ignore the fact that some dreamer can’t become Toyota overnight. When it all goes down the toilet and he’s caught in a hotel room trying to do a drug deal at least he can blame it all on short sellers.
 UKBunny
Joined: 8/10/2018
Msg: 180
view profile
History
currency... as real as a dude on a cloud
Posted: 8/21/2018 5:41:40 AM
I've said before that there is a nasty wiff of DeLorean about Tesla (& Musk)
I'll just sit here with a Tesco prawn sarnie & wait...........

 Theydidnotfixit
Joined: 8/19/2018
Msg: 181
view profile
History
currency... as real as a dude on a cloud
Posted: 9/7/2018 11:47:24 AM
Well Musk has done a comedy podcast smoking weed and doing something I can't remember now. He was drinking whiskey too. His accountant left after a month also.

This comes shortly after his rapper girlfriend had another rapper over for a collaboration. The rapper, Grimes? said he was doing acid and she said a lot of bad things about him, namely his family money hearalded from apartheid South Africa and was hence tainted. She might have said he was not a great enviromentalist too.


I think the share price is down to $264 dollars. Which is $264 dollars more than I personally would pay for it.

Bitcoin is down to $6,448. Copper has fallen from over seven thousand dollars in the last three months to about $5,800 a tonne. In part because of dollar strength and emerging market turbulence. Dollar strength also means gold ($1195) and silver ($14 an ounce) remain under pressure. Although not in Turkish lira.

The spread between the US 2 year and 10 year treasury is a measly 23 basis points. This does not presage a booming US economy in 2019. The thinking at the moment is that any emerging market chaos will not affect the developed world possibly via Italian debt and the European banks. We shall see. At the moment the world needs a weak dollar. The Americans are not listening and are slowly selling down the fed balance sheet (QT) and hiking the fed funds rate. Because ten years after Lehmans this is a recovery.

Alas not really. It's completely fake. What was left of Capitalism died in 2008. The entire global economy was put on a central bank life support machine ten years ago. The dial if a central bank life support machine has a dial was at its highest in 2017. (nine years into the patient's recovery from an economic cardiac arrest).

Now Donald is playing with that dial. Turning it down slowly. Laughing and a joking. The American part of the body is singing like a very happy canary. But at the outer extremities of the body in Turkey, Argentina, european banks and south Africa etc things are looking quite sickly The heart of this poor patient is of course America.
 rekirked
Joined: 11/7/2017
Msg: 182
currency... as real as a dude on a cloud
Posted: 9/7/2018 12:50:28 PM
He's also called the expat hero cave diver a pedo, again.

Kerching!

Personally i think he's losing it. Surely it won't be long before his bunker full of gun toting, slightly camp henchmen in Versace uniforms and a stolen nuke is revealed under that factory he can't seem to leave.
 TZ_1971
Joined: 10/13/2013
Msg: 183
view profile
History
currency... as real as a dude on a cloud
Posted: 9/8/2018 3:41:39 AM
His cars look nice but recent poll reports reliability issues...bit like him really!
 Theydidnotfixit
Joined: 8/19/2018
Msg: 184
view profile
History
currency... as real as a dude on a cloud
Posted: 9/8/2018 3:46:22 AM
^^^^^^ yes ... ;) and then there's the red ink..

Here's the podcast .....I downloaded it easily.
And there's a video....


http://podcasts.joerogan.net/podcasts/elon-musk
 Cliff1960
Joined: 7/20/2010
Msg: 185
view profile
History
Bitcoin - just how bonkers is it?
Posted: 9/8/2018 5:41:10 AM
Prob is with the bitcoin miners is they dont take into account the money it costs to build the rigs and the electric bill they get.
1 guy worked out it cost him more to build the rig than he is getting back from the mining.
As more and more coins r mined the slower it is to find more. so its a lot harder to find them but the running costs stay the same.
His electric bil alone shot up. What he used to pay monthy for electric was being used up in 1 day from the mining rig. graphics cards were burning out in a month so had to be replaced. he worked out it will cost him arnound £5k just to mine £2k worth of bitcoins.

1 guy got so greedy over bit coins he became a bitcoin millonair but lost his house in the process and cant sell his coins to get another home or even pay the rent. So he is now sleeping on his mums couch.

Bit coins values r only what the stock market prices r at the time. No value to them at all as very few ppl will buy them. Most of the value and stock prices r based on how many get traded. the price is manipulated by the traders. They sell them to a freind for 1 price then the freind trades them back for a bit more. they just keep doing that to drive up the value but no money is exchanged in the trade just a promiseray note to say they will pay with real money but never pay.
ppl sucked into crypto currencies r just lining the pockets of the inventors as they have no value at all.
 Theydidnotfixit
Joined: 8/19/2018
Msg: 186
view profile
History
Bitcoin - just how bonkers is it?
Posted: 9/15/2018 1:28:44 PM
Painting the tape cliff ....
Happy Saturday night everyone !!
What's that..? you want to know how the economic collapse
is going on? Really ? Oh.....Ok ..
They're arguing about race on the radio. So depressing
why we can't just hug each other and make politicians
illegal....

So one pound sterling this week will get you $1.30
€1.12 Euro. 0.93 of a SDR. 0.001 of an ounce of
gold. And 0.0002 of a bit coin.

The Dow Jones industrial index 760 in 1980 is now
26,154....Are we four times better off ? Can we retire
four times quicker. Buy a house four times quicker.
Or and it's just a question is it a bit more difficult to
get a house or retire... yes the price of something
going up whether a pension or a roof over one's head
is said to be measure of economic virility.

And we do get people voting for this curious way of
transferring wealth from worker to deadbeat.
They often can't leave it at that, berating billy bonds
for not voting for this farce. Castigating yours truly
for dishonouring those who paid the ultimate price
for this nonsense. So I voted Brexit knowing full well
that the kleptocrats and their useless remoaning twits
would still not be happy. Well bowlocks.

Those old U.S. treasuries ...at the moment..
2year...2.78 ..5 year...2.9....10 year....3%....30year....3.13...
Note just 22 basis points between the two and ten..
And just 13 basis points between 10 year and 30 year..
It's bonkers. ....
 Justanotherchap
Joined: 12/4/2013
Msg: 187
view profile
History
Bitcoin - just how bonkers is it?
Posted: 9/17/2018 5:42:42 AM
"The Dow Jones industrial index 760 in 1980 is now 26,154." I thought Maths would have been your strong suit Billy - it's more like 40 times.

And the answer is no.
 Theydidnotfixit
Joined: 8/19/2018
Msg: 188
view profile
History
Bitcoin - just how bonkers is it?
Posted: 9/17/2018 8:08:28 AM

"The Dow Jones industrial index 760 in 1980 is now 26,154." I thought Maths would have been your strong suit Billy - it's more like 40 times. 


I can't fathom it chap........if you don't mind I'm going to
move on quickly and hope no one notices...
 UKBunny
Joined: 8/10/2018
Msg: 189
view profile
History
Bitcoin - just how bonkers is it?
Posted: 9/19/2018 12:48:56 AM
"Bitcoin and other digital currencies are a "Wild West industry" and need to be regulated to protect investors, a committee of MPs has urged."

....well, that's a surprise............

 Theydidnotfixit
Joined: 8/19/2018
Msg: 190
view profile
History
Bitcoin - just how bonkers is it?
Posted: 9/23/2018 8:04:12 AM
Ah government. You notice how people say they've been a party A voter all their life but this time they are seriously giving some thought to voting party B.

They're great these people. Never occurs to them that it's government. On topic ...Bitcoin is $6,728.

Gold is 1,200 and silver $14 .....(£918 £10-11....)

German 2 year bund .55% and the ten year .46%...has inverted. The U.S.. 2 year debt is 2.80% , with the German at just .55%. A spread of 2.25%.

Problems abound or symptoms of a terrible system. Amongst the many, are emerging markets countries like South Africa who are already in recession. Austrailia's housing ponzi market, India's shadow banking, The good old European banks, The Chinese Stockmarket crashing, The American national debt, Germany , Southern Europe, Yemen and Syria, Unprofitable fracking companies .......The debt ...The derivatives ...

Of course if we hadn't voted for democracy two years ago we British 52..ers might not have wrought all this mayhem on the world. If we just stopped all this voting then we wouldn't have all these problems. It's us. Not them. Sure they ended up with all our wealth.But it's not the system. It's us . I read it in their papers and saw it on their worthy "news" programmes.
 Justanotherchap
Joined: 12/4/2013
Msg: 191
view profile
History
Bitcoin - just how bonkers is it?
Posted: 9/25/2018 4:43:47 AM
One unexpected result, well apparently the government didn't, is that the tumbling pounfd has meant that UK businesses are relatively cheap with American companies piling in to buy the, they are not seeing the downside to Brexit. European companies are not seeing it the same way or is that just propaganda frightening them?
 Theydidnotfixit
Joined: 8/19/2018
Msg: 192
view profile
History
Bitcoin - just how bonkers is it?
Posted: 9/25/2018 7:27:27 AM
All governments love cheapening their currencies. It just shows how great Brexit was that we achieved this dubious feat in June 2016, underpinning nominal growth and property prices for a little longer.

Brexit can have downsides, upsides and sideways. Not Brexiting can have downsides, upsides and sideways. I hope this helps everyone.

Long term is difficult to predict but we want to leave future generations a democracy that is outward looking with a true concern for its citizens. We will hardly achieve that by lashing ourselves to globalist thieving gangsters.

One more point about all currencies taking it in turn to lower the cost of living, by stealing growth off each other, instead of tending to structural problems. All these currencies are being devalued across the board .At times it appears they are competing against each other. But they are not, go measure them against real stuff. A house price in 1970 at £10, 000 is now a million. They are designed to lose value. It's called inflation. It's a government debt fiat thing designed to create an unequal society. You'd think socialists would be bothered. But it's a morally bankrupt creed they adhere to not working people. With its chief virtue coercion. Labour in Liverpool have disgusted me this week.
 rekirked
Joined: 11/7/2017
Msg: 193
Bitcoin - just how bonkers is it?
Posted: 9/25/2018 8:09:45 AM
In 1975 a brand spanking new 3 bed semi in a good area on the south coast was 12k. I know because my dad who had a fairly mundane manual labour dockie job and my mum who never worked, bought one.

Back then my dad was on £100 a week. 5k per annum. He borrowed 2.5 x his income.

That same house is now worth £300k + you’d need to be earning £120k per annum. Dockies earn around 30k with overtime.

What ever caused it, who ever profited from it all, our basic fundamental right to own an affordable half decent home is now a pipe dream and a story from forty years ago.
 rekirked
Joined: 11/7/2017
Msg: 194
Bitcoin - just how bonkers is it?
Posted: 9/25/2018 8:58:56 AM
That’s an increase of 2400%

TWO THOUSAND FOUR HUNDRED percent.

To anyone who is reading this who already owns a home ask yourself this, could you buy that home again, at today’s price, on your current wage as a first time buyer with a nominal deposit? Actually don’t even bother thinking about it, the answer is no.

You can’t even get a council house anymore, seeing as they’ve all been sold off to scum bag local capitalists who rent them back to the council at market rent.

We need another world war.
 imanorangetiger
Joined: 12/29/2011
Msg: 195
view profile
History
Bitcoin - just how bonkers is it?
Posted: 9/25/2018 10:15:40 AM
As appalling as it might seem, warfare, disease and famine have often tipped the balance of population growth in developed countries. However, the same factors in developing countries have often led to those populations migrating to where it's safer and healthier.

Also, warfare on a massive scale tends to lead to faster industrial and technological development. Many medical advances have come off the back of it too. Be careful what you wish for.
 Justanotherchap
Joined: 12/4/2013
Msg: 196
view profile
History
Bitcoin - just how bonkers is it?
Posted: 9/26/2018 2:56:21 AM
I see some village is missing their idiot - referring to the nonsense posts.

Valid points. It does seem to me that everyone is missing the elephant in the room. Pissing about making cars do another 5 miles to the gallon, banning plastic bags and straws is just so much wasted effort. I don't disagree with any of those moves but the real problem is population. China is building more coal fired power stations with total new CO2 output greater than that caused by all power stations in America. As populations become more like us, more consumerist, they will want more of the stuff we take for granted, such as heat, meat, cars and foreign holidays. It won't work unless somehow magically someone does invent old fusion, but even that will be fought over.
 vlad dracul
Joined: 4/30/2009
Msg: 197
view profile
History
Bitcoin - just how bonkers is it?
Posted: 9/26/2018 4:16:22 AM
Kirk
"That’s an increase of 2400%

TWO THOUSAND FOUR HUNDRED percent.

To anyone who is reading this who already owns a home ask yourself this, could you buy that home again, at today’s price, on your current wage as a first time buyer with a nominal deposit? Actually don’t even bother thinking about it, the answer is no.

You can’t even get a council house anymore, seeing as they’ve all been sold off to scum bag local capitalists who rent them back to the council at market rent."


I'm now in my 6th year of trying to get a council house. Do yous have the key to choice bidding system for council houses down south?

I done a search yesterday before going to the football. A studio or one bedroom place. I search south east and south west Edinburgh.

That goes from Portobello by the sea to Wester Hailes and the Calders. There must be at least 150,000 citizens in that catchment area.

There were FIVE properties available.

I have absolutely no chance and although i live in an old prefab my landlord is a top lad. He owns a local building company and he gets no problems from me and i give him no problems.

But I'd like to move nearer to rat bairn and the wee yins.

But as for a war? Let other nations take part. I've seen enough of our youngsters being killed, maimed and then thrown to the side by the scum who sent them to war.

My wee pal Elsie Whippet who used to post on here sent me this below. She lives in Redcar. The laddie is from Redcar. He supports Brexit.

C'mon give his poem a wee listen. Yous might even enjoy it..........



Chris McGlade

The Right To Hate

https://m.youtube.com/watch?v=aUGmeOe1zkU
 UKBunny
Joined: 8/10/2018
Msg: 198
view profile
History
Bitcoin - just how bonkers is it?
Posted: 9/26/2018 10:19:34 AM
Nice -
Now wind back the years..........
https://www.youtube.com/watch?v=e7qQ6_RV4VQ

 Theydidnotfixit
Joined: 8/19/2018
Msg: 199
view profile
History
Bitcoin - just how bonkers is it?
Posted: 9/30/2018 6:23:37 AM
Bitcoin this week is $6, 624 ...gold $1,192.... silver $14.62

Theresa May is the primeminster this week.
The police are getting younger by the week.

FDR's executive order 6102..in 1933. Was that the fecking executive order that destroyed the world ? Ushering in the 1% and socialism ?

Chap' s quite right it is about energy. We wouldn't have had an economy these last 100 years plus without cheap and plentiful fossil fuels,which we have spilt so much blood over. And we should have that uppermost in our minds when we concern ourselves with the red ink that abounds in this insolvent world.

The economic cancer is the dollar . A piece of paper backed by violence. Although according to the BBC, remoaners and lentil eaters it's the most joyous and safest piece of paper in the world. It's money! It's backed apparently by the full faith and credit of the Government of the United States of America. Who am I ?.....to question these great people. These people are great! So they are up to their ears in debt, rapists and opioids and they voted for Donald but their piece of paper is money. And unless you want to go the same way as Saddam and Muammar and over a million of their people and counting you had better get with the program.

The emerging markets ( we use to call these people the third world or was that the second world? ) are still in turmoil. Although on Bloomberg this week they were trying to sell them as a great opportunity ( I think the central bank interest rate in Argentina is 65%) China an emerging superpower creates $20 trillion of credit to create just $5 trillion of GDP. Yeah how much longer can that go on.

But this all won't touch the foundations of western socialism or fascism. That Japanese 10 yr is paying 0.12% . The American 10 year is paying 3.06%. And the European 10 yr is ... you see or (eu-c) things are a little bit more complicated in the gulag because they don't have one.

No billy?

Nope ...billy...

Oh ....

What you have billy is the fourth Reich. Number iv.

Is it going to be better than no 3 ....???

Ahem ...what we have is a misbehaving Reich . Italy have, like the British have, gone in for a bit of democracy and it's not gone down too well in Berlin. Essentially Italy wants to spend money on the electorate and Germany doesn't want them to. Preferring to spend any money on Germans.

It's all gritted teeth and lovely...But the German 10yr is only paying 0.47% ( they have the printing press) which is a great interest rate to go shopping with. Alas the Italian 10 yr bond which was only 1.8% in may is now 3.14% . This is because the ECB hasn't been printing and buying the usual amount of Italian paper lately. It's simply the Germans explaining that they are in charge and if they don't want their interest charges on existing and new debt to go up meaning less money for schools and hospitals they had better come to heel.

SO dollar dynamics causing emerging market turmoil. Which leads to the Gulag and Japan. Which leads to the debt serfs, rich and poor,to go running around seemingly with ants in their pants and taking refuge under the moobs of Dollar Donald. And well ....surely they'll then say he's fecking naked.

It's true a long war would be a good way for government to have society go through the obvious austerity that's coming. Voters go off to die. And others are easily convinced to sacrifice for the greater good.After living standards are collapsed it will be possible to campaign about hope again. It's cheaper. Although energy is important.


Myself ? Well I think asset price inflation, which I felt made me such a hotshot and stud is the most dangerous inflation of all. The winners feel so good and the increasing losers who have no idea they are being looted at first, don't get really angry for ages.
 Justanotherchap
Joined: 12/4/2013
Msg: 200
view profile
History
Bitcoin - just how bonkers is it?
Posted: 10/1/2018 4:32:38 AM
In a nutshell, that's what I was trying to explain.
Show ALL Forums  > UK forums  > Bitcoin - just how bonkers is it?