THE NEWS IS SO DEPRESSING

Started by BoroRedKen, August 30, 2024, 12:35:36 PM

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BoroRedKen

A 13yr old boy stabbed to death in a house.

A 41yr old female nicked in Swansea after the death of a child.

(Stories NOT connected).

We just dont value life lately.


But say a nawty word online and BOSHH. YOU ARE NICKED, CHARGED, REMANDED THEN CARTED OFF FOR A 3 STRETCH....

Redsteel (Moderator)

Just know that you're on the right side of morality Ken. There are those out there that would have this country running like Venezuela before admitting they are wrong.

Blott

I am more of an El Salvador type if bloke.


Ken has it on the button
 

Redsteel (Moderator)

El Salvador is a centre right country now, welcomes entrepreneurship, and has early adoption on Bitcoin and Crypto Currency. Like Argentina, once countries kick out the far left they prosper. Not sure they are the countries for you B.

Blott

#4
I am all for the locking up of gangsters.his crime rate is down 95 pc.

Where is the value in Bitcoin? What is it backed by. It's the biggest Ponzi scheme of all time.

It is based on hope.  I just checked there are 2.5m different crypto currencies. Should me and you start one? No need to put cash in just build a clever data base.  I have a name for it, Dodgpot.

The total value of all Crypto is about £1.4 trillion of fresh air, that is about 1/3rd of currency trades in the USA in 2 hours.  I know you are going to tell me you made millions, everyone does.

Even m lads made £2700 in 3 months on Shiba, no- one loses.

Redsteel (Moderator)

Quote from: Blott on August 30, 2024, 01:27:48 PMI am all for the locking up of gangsters.his crime rate is down 95 pc.

Where is the value in Bitcoin? What is it backed by. It's the biggest Ponzi scheme of all time.

It is based on hope.  I just checked there are 2.5m different crypto currencies. Should me and you start one? No need to put cash in just build a clever data base.

The value of it is driven by it's asset value, digital gold if you like. It isn't backed by anything, it is de-centralised, the whole purpose of it, nobody owns it outright. Certainly not a Ponzi scheme, for reasons given, it would have to be owned for starters. Like it or not, crypto is here to stay and we are only at the start of its adoption. Governments and banks hate it because they can't control it, but will adopt to it so as not to be left behind. El Salvador are serious minors of Bitcoin, building facilities on a volcano to power up their mining machines, and using bitcoin as legal tender. I'm sure Bitcoin is now their national currency. Smart move on their part I'd say. As for 2.5 million coins, anyone with knowledge about the industry knows that most outside the top 200 are scams, and get treated as such.

spottygiraffe (Moderator)

Another story published on Sky News at lunch time of a 33 year old woman who has admitted to killing her daughter.

Absolutely barbaric.

But it will be "mental health" and she won't get the sentence she deserves.

Jaskirat Kaur admitted the manslaughter of Shay Kang on the basis of diminished responsibility at Wolverhampton Crown Court today.

Blott

Quote from: Redsteel (Moderator) on August 30, 2024, 01:43:24 PM
Quote from: Blott on August 30, 2024, 01:27:48 PMI am all for the locking up of gangsters.his crime rate is down 95 pc.

Where is the value in Bitcoin? What is it backed by. It's the biggest Ponzi scheme of all time.

It is based on hope.  I just checked there are 2.5m different crypto currencies. Should me and you start one? No need to put cash in just build a clever data base.

The value of it is driven by it's asset value, digital gold if you like. It isn't backed by anything, it is de-centralised, the whole purpose of it, nobody owns it outright. Certainly not a Ponzi scheme, for reasons given, it would have to be owned for starters. Like it or not, crypto is here to stay and we are only at the start of its adoption. Governments and banks hate it because they can't control it, but will adopt to it so as not to be left behind. El Salvador are serious minors of Bitcoin, building facilities on a volcano to power up their mining machines, and using bitcoin as legal tender. I'm sure Bitcoin is now their national currency. Smart move on their part I'd say. As for 2.5 million coins, anyone with knowledge about the industry knows that most outside the top 200 are scams, and get treated as such.
it is nothing like gold. Gold has an intrinsic value, you can use it.

Crypto was made up by a Japanese Bloke. Or maybe not, then a pair of clever twins sent it skywards.


It is Tulip bulbs, it is valueless apart from hope.

Like I said no one has ever admitted losing a cent of it.



tunstall

I stopped watching it ages ago

It's bad for your mental health

Doesn't help us at the pub quiz mind

Won it last night though

 :leo2:

Redsteel (Moderator)

Quote from: Blott on August 30, 2024, 03:56:49 PM
Quote from: Redsteel (Moderator) on August 30, 2024, 01:43:24 PM
Quote from: Blott on August 30, 2024, 01:27:48 PMI am all for the locking up of gangsters.his crime rate is down 95 pc.

Where is the value in Bitcoin? What is it backed by. It's the biggest Ponzi scheme of all time.

It is based on hope.  I just checked there are 2.5m different crypto currencies. Should me and you start one? No need to put cash in just build a clever data base.

The value of it is driven by it's asset value, digital gold if you like. It isn't backed by anything, it is de-centralised, the whole purpose of it, nobody owns it outright. Certainly not a Ponzi scheme, for reasons given, it would have to be owned for starters. Like it or not, crypto is here to stay and we are only at the start of its adoption. Governments and banks hate it because they can't control it, but will adopt to it so as not to be left behind. El Salvador are serious minors of Bitcoin, building facilities on a volcano to power up their mining machines, and using bitcoin as legal tender. I'm sure Bitcoin is now their national currency. Smart move on their part I'd say. As for 2.5 million coins, anyone with knowledge about the industry knows that most outside the top 200 are scams, and get treated as such.
it is nothing like gold. Gold has an intrinsic value, you can use it.

Crypto was made up by a Japanese Bloke. Or maybe not, then a pair of clever twins sent it skywards.


It is Tulip bulbs, it is valueless apart from hope.

Like I said no one has ever admitted losing a cent of it.




Of course it will and has an asset value, look at its current price! It has massive use case and is secure on a blockchain. Countries are buying it as a reserve asset, so you clearly haven't got a clue what your talking about. The last part losing a cent on it????

Satoshi is the founder, creator

Blott

Go on what is it's asset? Where is it?


It's tulip bulbs.

The lock to it is a Blockchain, what is that ? It is a bloody clever key. That opens fresh air.


As I said there are over 2.5 million different cryptos. Is that a new one every 6 hours?


I would never say invest in it or don't invest in it. But it's the only currency where 100p pc of the buyers make money. No one admits to losing.


Redsteel (Moderator)

Quote from: Blott on August 30, 2024, 05:09:59 PMGo on what is it's asset? Where is it?


It's tulip bulbs.

The lock to it is a Blockchain, what is that ? It is a bloody clever key. That opens fresh air.


As I said there are over 2.5 million different cryptos. Is that a new one every 6 hours?


I would never say invest in it or don't invest in it. But it's the only currency where 100p pc of the buyers make money. No one admits to losing.



See where I've highlighted, go do some research and stop being lazy. If you read up properly on it, you might actually learn something. It's inception, the reason why it was created during the 2008 market crash and so on. If you want to just throw your own thoughts on it, then that is fine, but I won't respond, because it's clear to me that your knowledge is very limited on the subject.

Blott

Quote from: Redsteel (Moderator) on August 30, 2024, 05:41:59 PM
Quote from: Blott on August 30, 2024, 05:09:59 PMGo on what is it's asset? Where is it?


It's tulip bulbs.

The lock to it is a Blockchain, what is that ? It is a bloody clever key. That opens fresh air.


As I said there are over 2.5 million different cryptos. Is that a new one every 6 hours?


I would never say invest in it or don't invest in it. But it's the only currency where 100p pc of the buyers make money. No one admits to losing.



See where I've highlighted, go do some research and stop being lazy. If you read up properly on it, you might actually learn something. It's inception, the reason why it was created during the 2008 market crash and so on. If you want to just throw your own thoughts on it, then that is fine, but I won't respond, because it's clear to me that your knowledge is very limited on the subject.
you still haven't answered what it is. I know the £ is based on the value of the UK, the $ the US economy and on and on, I know gold price is based on the value of the metal. The settee I am sat on is based on what someone wants to pay in relation to a new settee.



All 2.5+ million crypto currencies are valued on what people want to pay. It is based on hope you will make money. I have still not anyone who has lost.

The Blockchain is a calculation, nothing more nothing less. Tomorrow Bitcoin could close, there is nothing there and the blockchain pointless. It won't because everyone is a winner.

Redsteel (Moderator)

Quote from: Blott on August 30, 2024, 06:36:50 PM
Quote from: Redsteel (Moderator) on August 30, 2024, 05:41:59 PM
Quote from: Blott on August 30, 2024, 05:09:59 PMGo on what is it's asset? Where is it?


It's tulip bulbs.

The lock to it is a Blockchain, what is that ? It is a bloody clever key. That opens fresh air.


As I said there are over 2.5 million different cryptos. Is that a new one every 6 hours?


I would never say invest in it or don't invest in it. But it's the only currency where 100p pc of the buyers make money. No one admits to losing.



See where I've highlighted, go do some research and stop being lazy. If you read up properly on it, you might actually learn something. It's inception, the reason why it was created during the 2008 market crash and so on. If you want to just throw your own thoughts on it, then that is fine, but I won't respond, because it's clear to me that your knowledge is very limited on the subject.
you still haven't answered what it is. I know the £ is based on the value of the UK, the $ the US economy and on and on, I know gold price is based on the value of the metal. The settee I am sat on is based on what someone wants to pay in relation to a new settee.



All 2.5+ million crypto currencies are valued on what people want to pay. It is based on hope you will make money. I have still not anyone who has lost.

The Blockchain is a calculation, nothing more nothing less. Tomorrow Bitcoin could close, there is nothing there and the blockchain pointless. It won't because everyone is a winner.


Go do some research. Last time I'm telling you, you know nothing, so go read up. Also, I answer to no one, especially you  :cloughy:

Blott

#14
That's because it is nothing. I did a lot of research at the beginning and no doubt would have made a fortune, like everyone, no losers.

This bloke knows nothing.

Perhaps the most famous value investor of all time, Warren Buffett is strongly against Bitcoin and other cryptocurrencies, saying, "You can't value Bitcoin because it's not a value-producing .16 Feb 2024

I accept he knows nothing but his fund this week became the first $trillon business outside of tech businesses. No crypto.


Redsteel (Moderator)

Quote from: Blott on August 30, 2024, 08:25:18 PMThat's because it is nothing. I did a lot of research at the beginning and no doubt would have made a fortune, like everyone, no losers.

This bloke knows nothing.

Perhaps the most famous value investor of all time, Warren Buffett is strongly against Bitcoin and other cryptocurrencies, saying, "You can't value Bitcoin because it's not a value-producing .16 Feb 2024

I accept he knows nothing but his fund this week became the first $trillon business outside of tech businesses. No crypto.



Well instead of trying to convince me that you know best, I suggest you go email, no even better, go see Larry Fink the CEO of BlackRock, and tell him not to buy anymore Bitcoin for his clients. Tell him as CEO, of the largest multinational investment company in the world, that he doesn't know what he's doing and that you do. Imagine how much he will thank you for saving him and his clients so much money. And while your in NY, you can pop into Wall Street, JP Morgan, Wells Fargo and Grayscale to stop them from buying Bitcoin. Oh, and don't forget the Tulips, he likes them.

Blott

I would never advise anyone ever on financial issues. Never.


I will ask you a three simple questions

1. What is crypto physically and economically.


2 why are there 2.5 million crypto currencies.

3 how can you burn on a whim 2/3rd of say Shiba.