Reply to: Global central banks poised to dump sterling and euros in a Brexit bust-up

[b0redom]

I enjoy maintaining multiple income streams. It's a wealthy thing, don't ask.

At current prices, a $100k BTC at the end of the year is a 14.45x increase in value. Assuming you get £450k for your pad in Scotland, that works out at £6.5M if you put it all in bitcoin. There's maintaining multiple income streams and maintaining multiple income streams.

It's almost like you aren't 100% sure it's going to hit $100k......

[AtW]

The article is in one of the most pro-Brexit papers out there. The tag "Project Fear" is normally used by Brexit supporters to talk about those who wanted to remain in the EU, but now you're saying it actually refers to Brexit.
Sounds like newspeak to me.

«Project Fear” for Brexiters is like “Fake News” for Trump -hard truth they don’t like

[sasguru]

Damn and they have always told us that the lottery draw was random.

Like I said TSITH

Anyway all you need to know with regard to the topic of this thread is here:

https://forums.contractoruk.com/brex...ad-brexit.html

[Yorkie62]

As I thought, you seem to have a cognitive deficit.
This is shown by your equating an outcome that can be predicted in large part from causal effects with a completely random event.

Damn and they have always told us that the lottery draw was random.

[sasguru]

Great. Can you also have a look in that crystal ball of yours and let me know what tonights lottery numbers will be.

As I thought, you seem to have a cognitive deficit.
This is shown by your equating an outcome that can be predicted in large part from causal effects with a completely random event.
I am as sure that Brexit will make Britain poorer as I am sure that I can't predict the lottery.

HTH, BIDI, TSITH*

*The stupidity is too high

[GreenMirror]

https://www.poundsterlingforecast.co...o-deal-brexit/



There we have it, the choice is economic meltdown or become a vassal state.

As you are talking about the EU you mean vassal states.

[Yorkie62]

Some of us know what the end-product of Brexit will be. It's obvious.
We'll come back and say "told you so" when it happens.

Great. Can you also have a look in that crystal ball of yours and let me know what tonights lottery numbers will be.

[sasguru]

To be honest I have no idea. I also have no influence over this as the global financial institutions will do what they want to do with the currency speculation market with the sole aim of making money. Therefore as I have no influence over the outcome it so is not worth my time worrying about it. I had my vote at the referendum. That was my chance to influence the future direction of our country. The result was declared through the democratic process. The country made it decision and for better or worse ( and nobody knows what the answer is - better or worse) we now have to deal with it.

However, our democratic process has worked against us during the negotiations. The EU came to the table with a single unified plan, we on the other hand were (and are) still disputing the referendum result and therefore were too busy fighting across political parties and within all political parties instead of presenting the same unified front back to the EU. We were and always have been on the back foot during these negotiations. We should have played the stuff it and walk out card much earlier when there was still time to come back to the table and talk.

Some of us know what the end-product of Brexit will be. It's obvious.
We'll come back and say "told you so" when it happens.

[scooterscot]

You mean you're not going to put it all in Bitcoin and start living on a mega-yacht when we see a US $100K BTC by the end of the year?

I enjoy maintaining multiple income streams. It's a wealthy thing, don't ask.

[BlasterBates]

Who mentioned immigration?

Great, so we're in agreement.

[Zigenare]

dream on

Even if you stopped immigration the population will continue to increase, simply because old people don't die any more they just "bum around" causing huge costs. Cutting immigration will cause the working population to drop by around 250,000 every year even as the population increases.

Without immigration the UK will fail pretty quickly, which is why if you stop EU immigration, non-EU immigration will simply shoot up.

Brexit has only one effect, it will just make everyone poorer.

Who mentioned immigration?

[BlasterBates]

Short term fall. (mainly caused by dirty speculums riding the uncertainty wave)
Long term gain. (mainly caused by the drop in population caused by the whinging bremoaners either ******** off elsewhere or topping themselves, leaving the strongest and fittest to rebuild and put the "Great" back into "Great Britain"!)

dream on

Even if you stopped immigration the population will continue to increase, simply because old people don't die any more they just "bum around" causing huge costs. Cutting immigration will cause the working population to drop by around 250,000 every year even as the population increases.

Without immigration the UK will fail pretty quickly, which is why if you stop EU immigration, non-EU immigration will simply shoot up.

Brexit has only one effect, it will just make everyone poorer.

[Zigenare]

Why not use your own judgement?
Given the evidence so far do you think Brexit (I mean a real one, what some people call a "hard" one) will lead to a rise or fall in Sterling?

Short term fall. (mainly caused by dirty speculums riding the uncertainty wave)
Long term gain. (mainly caused by the drop in population caused by the whinging bremoaners either ******** off elsewhere or topping themselves, leaving the strongest and fittest to rebuild and put the "Great" back into "Great Britain"!)

[Yorkie62]

Why not use your own judgement?
Given the evidence so far do you think Brexit (I mean a real one, what some people call a "hard" one) will lead to a rise or fall in Sterling?

To be honest I have no idea. I also have no influence over this as the global financial institutions will do what they want to do with the currency speculation market with the sole aim of making money. Therefore as I have no influence over the outcome it so is not worth my time worrying about it. I had my vote at the referendum. That was my chance to influence the future direction of our country. The result was declared through the democratic process. The country made it decision and for better or worse ( and nobody knows what the answer is - better or worse) we now have to deal with it.

However, our democratic process has worked against us during the negotiations. The EU came to the table with a single unified plan, we on the other hand were (and are) still disputing the referendum result and therefore were too busy fighting across political parties and within all political parties instead of presenting the same unified front back to the EU. We were and always have been on the back foot during these negotiations. We should have played the stuff it and walk out card much earlier when there was still time to come back to the table and talk.

[b0redom]

Of course I might buy again in a few years when prices have corrected using my strong euro

You mean you're not going to put it all in Bitcoin and start living on a mega-yacht when we see a US $100K BTC by the end of the year?