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Cryptocurrency

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  • wattaj
    replied
    Christ, FFS is Crypto still a thing?

    For the avoidance of doubt: cryptocurrencies are NOT an investment; they are, at best, a speculative Ponzi scheme entirely reliant upon the "the greater fool" theory.
    Last edited by wattaj; 14 July 2023, 14:41. Reason: Poor speillng.

    Leave a comment:


  • marshall mathers
    replied
    Originally posted by northernladuk View Post

    This type of post really grinds my gears and it's the reason Spooter got chased off. You say fill your boots but since you put that it's over 8% down already. Spooter used to do this knowing full well filling your boots after a massive spike was gauranteed to lose people a lot of money as it dropped down the other side. Myself, and many others on here naively fell for it and some people (not me as I didn't put much in) lost an awful lot of money off his stupid comments. You tell people fill their boots when they are the peak of the trade, everyone buys on panic and many do it far too late, buy at a peak and will lose a lot of money when the (usually) inevitable crash hits.

    Wrong advice, wrong message too late.
    Yes good point and sound advice. This is an investment/gamble that can go up or down.
    My suggestion was based on long term rather than 24 hours of riches.
    Unlike alot of cryptos XRP is being used in the financial markets.
    I am no expert so I do not expect anyone to invest based on my forum post - without doing their own research.
    The risk of crypto market should be clear for everyone.

    Leave a comment:


  • northernladuk
    replied
    Originally posted by marshall mathers View Post

    https://www.cnbc.com/2023/07/13/xrp-...t-the-sec.html

    XRP - fill yer boots before it is too late.

    Big win me thinks.
    This type of post really grinds my gears and it's the reason Spooter got chased off. You say fill your boots but since you put that it's over 8% down already. Spooter used to do this knowing full well filling your boots after a massive spike was gauranteed to lose people a lot of money as it dropped down the other side. Myself, and many others on here naively fell for it and some people (not me as I didn't put much in) lost an awful lot of money off his stupid comments. You tell people fill their boots when they are the peak of the trade, everyone buys on panic and many do it far too late, buy at a peak and will lose a lot of money when the (usually) inevitable crash hits.

    Wrong advice, wrong message too late.

    Leave a comment:


  • saptastic
    replied
    Originally posted by marshall mathers View Post

    https://www.cnbc.com/2023/07/13/xrp-...t-the-sec.html

    XRP - fill yer boots before it is too late.

    Big win me thinks.



    yes a big win for Ripple.

    Leave a comment:


  • marshall mathers
    replied
    Originally posted by marshall mathers View Post
    Lots of talk about XRP/Ripple and SEC judgement coming soon............ whats the forecast? Load up XRP?
    https://www.cnbc.com/2023/07/13/xrp-...t-the-sec.html

    XRP - fill yer boots before it is too late.

    Big win me thinks.



    Leave a comment:


  • AtW
    replied
    Originally posted by TheGreenBastard View Post
    It wasn't that far back in time people on this thread were claiming it might be logical for XRP to breach $25.00.
    Pretty sure there was no “logic” in their reasoning…

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  • TheGreenBastard
    replied
    It wasn't that far back in time people on this thread were claiming it might be logical for XRP to breach $25.00.

    Leave a comment:


  • Lance
    replied
    Originally posted by AtW View Post
    Any cretins still “investing” into tulipcoins?

    Music about to stop with recent SECs action
    nah. Sold out over a year ago.
    Got about £250 in XRP as a pure speculation (although any money I put in was always pure speculation and money I would gambled on horses or in a casino).

    Leave a comment:


  • AtW
    replied
    Any cretins still “investing” into tulipcoins?

    Music about to stop with recent SECs action

    Leave a comment:


  • d000hg
    replied
    Originally posted by marshall mathers View Post
    Lots of talk about XRP/Ripple and SEC judgement coming soon............ whats the forecast? Load up XRP?
    Has that still not been sorted out? I stopped following crypto when it collapsed (few k in Kraken and in Binance prison) but I thought this was pending a decision a year or more back.

    Leave a comment:

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