Yes. In the past I have rode the trend up or down on a given day to make some cash, as Iāve been saying all along. I wouldnāt invest long term however as there is no reason to, i.e. gambling.
Im sorry but I really donāt understand your point. What difference does it make if one buys on a given platform? How does that negate ones understanding and experience in a field and in a technology. That seems a bit straw man to me. Certainly clutching at said straws. Iāmstill waiting to hear your credentials that make you an expert in the field of blockchain or finance.
Also the floor is open to all at this point. Can somebody please give me any reason that proves me wrong as to why Bitcoin isnāt a rational and sensible investment choice. My mind is wide open to change, Iād love to have more instruments to invest in. I have absolutely no vendetta against Bitcoin, what Iām saying is the result of research and further compounded by discussions such as this!
Youāre a walking contradiction. Your argument against BTC is that it is speculative āgamblingā and not āinvestingā, and yet in the same vain you engage in speculative short term trading which is proven to have lower expected returns for the average investor and is basically gambling
And besides weāve been over this, holding BTC long term has only ever yielded positive returns:
Can you not read?! It undermines your supposed credibility quite frankly. You claimed experience and years in the space, yet you fumbled on the most basic of things which resulted in you being charged an order of magnitude more for your trades than necessary. Only noobs make those mistakes not seasoned market participants like you claimed to be.
Also, youāre the only one who brought up credentials as if they confer any more value to your argument. Itās the content of what you say that matters not how big you think your balls are and the content of your discourse has been weak, circular and anchored in bias.
Thereās nothing irrational or not sensible about allocating 0.1% to 5% of a portfolio to BTC, even if nothing more than a hedge. Itās a recognised emerging alternative asset class.
Not quite! I engage with CFDs and the invest side of the platform. You can apply the same DD to CFDs as you would Invest. 90%+ trades in 2020 were green so either Iām extremely lucky or it is not gambling
Again, not quite. You said I was giving baseless opinions. I was just pointing out that I come from a professional background in financial services, and previously a professional/academic background in engineering/science for blockchain. Just saying I do have some merit in both fields so its more than just opinion!
I absolutely agree. You should always have some money set aside for speculative plays. It still doesnāt make it a logical or reasonable investment and anything more than gambling! Nor does it give it status as a store of wealth, or any functioning utility! That is not an opinion, it is truly fact. Iām not sure why you canāt see that. Iām waiting for reasons to prove me otherwise and again, am totally open to being proven otherwise. I want to be proven otherwise!
Your background (non-specialist) adds little to the credence of your written statements in this forum (nobody gives a ā ā ā ā about our ācredentialsā - thatās the beauty of pseudo-anonymity, the playing field is level) and for anyone knows you could have been bottom of your class and a poor performer in your job riding on the coattails of others
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Simple Point, Evidence and Explain is all that matters and youāre lacking solid points and even more lacking evidence to support them.
Opinion. There are smarter people/institutions (HMRC included) than you or I with actual influence in the world who disagree with your position.
Also the fact that youāre saying your case would require you to get a warning from the mods isnāt really fighting your corner all that well. That fact you canāt give any reasons against my points despite me basically begging for them at this point, and have to resort to profanities or whatever else would result in a warning, along with straw mans, is really just re-enforcing my points! Iām completely and totally open to change and being proven wrong but nobody can do so.
$ebon Ebang International just started to rise today! Chinese ASIC-miner-producer for Bitcoinās! In first quarter 2021 will start with his own cryptocurrency trading platform and is also considering to start itās own $btc mining business! You are welcome!
Despite ARB paying off for me, still kick myself for overlooking BTBT & your original call (due to it being a Chinese operation I was unfamiliar with that I equated with adding unnecessary country risk) - lesson well and truly learnt to do fairer due diligence before writing an opportunity off:
Up 164% now, but I donāt want to cash out too early. Have a good margin of safety with that PnL buffer zone so willing to risk my % gain falling to say 125% in order to gain more.
Tbh my target price was Ā£1+ , and the dream would be anything north of Ā£2 as that would really move the needle for me and my portfolio.
BTC is strong right now so Iām sticking with it, going hard all January or going home.
I actually worked on distributed sharing of test data for nodes in the same company, but using on the fly encryption which allows data to be encrypted ones for multiple users.
Another use for medical stuff would be with regulation and compliance. Thereās so much red tape to be followed both for drugs and medical devices in order to attain CE mark or any other standard. Blockchain could allow for making it more difficult to cook books (facilities can be inspected by BSI or EU regulatory bodies at a short notice) and an anonymous singing of specifications, say you may fear reprisal from management for slowing down production and you are either bullied to or self coerce to signing of something that you really shouldnāt (speaking from experience in medical devices class IIb in UK). Having a signature on document of someone who definitely is qualified to sign off, but management canāt work out who it is (obviously trickier in smaller companies).
Similar aproach can be used to organise union strikes or notify of companies wrongdoings, obviously bad for capitalism though.
I like that use case of regulation and compliance.
You mentioned smaller companys. I do think that any company considering blockchain solutions will likely be of a considerable size to begin with. That being said, with the cost of blockchain engineers being so high, the cost of entry to market and the room for failure and experimentation is something not a lot of bigger companies can afford.
!!!
happy new yr
, and the dream would be anything north of Ā£2 as that would really move the needle for me and my portfolio.
