May be this will affect the price of video cards -- https://www.washingtonpost.com/business/2022/01/22/crypto-crash-bitcoin-fed/

The market is showing signs of a crash with inflation rates being super high, the housing market being overpriced, reverse repo at record highs, and reckless short positions on meme stocks.

I am all in on $AMC and held through the run up to $72 in June, with $AMC and $GME being negative beta if a crash does occur its a ride to the moon.

I would highly recommend loading up on as many $AMC and $GME shares as you can afford!

If you still have Crypto, dump it all as soon as you can.

54 minutes ago, shamrockflyer said:

The market is showing signs of a crash with inflation rates being super high, the housing market being overpriced, reverse repo at record highs, and reckless short positions on meme stocks.

I am all in on $AMC and held through the run up to $72 in June, with $AMC and $GME being negative beta if a crash does occur its a ride to the moon.

I would highly recommend loading up on as many $AMC and $GME shares as you can afford!

If you still have Crypto, dump it all as soon as you can.

The Washington Post, the government and Wall Street know as much about Bitcoin as my Grandmother, and she's dead!! By all means sell all your crypto (s***coin)! But hodl on to your Bitcoin as if your life depended on it! (cos it probably will!!)

45 minutes ago, SierraHotel said:

The Washington Post, the government and Wall Street know as much about Bitcoin as my Grandmother, and she's dead!! By all means sell all your crypto (s***coin)! But hodl on to your Bitcoin as if your life depended on it! (cos it probably will!!)

I guess facts elude you,

Cryptocurrencies have no intrinsic value and are purely speculative investments.  Their value at any given time is completely arbitrary.

I have been saying for years that governments will not tolerate any competition when it comes to currencies.  The European Central Bank and the U.S.Federal Reserve Bank are already planning on creating their own digital currencies.

Bitcoin and all the others will become worthless eventually.

Dave

52 minutes ago, SierraHotel said:

The Washington Post

^ is owned by Jeff Bezos, I'd find a better source for market news...one with less biased information.

1 hour ago, Rob_Ainscough said:

As far as resources for information, one should always use multiple sources that have a history of accuracy … hint not Fox News.

I agree with everything you said up until you made this quoted statement.

Please don't inject your political ideology into this discussion.

Thanks.

Dave

4 hours ago, shamrockflyer said:

^ is owned by Jeff Bezos, I'd find a better source for market news...one with less biased information.

Like Faux news?

9 minutes ago, pgde said:

Like Faux news?

If the people want billionaires to pay more tax, you can be sure the media will only cover it for a day and never talk about it ever again. The same thing has happened with the Panama Papers and the Pandora Papers.

 

 

2 hours ago, Rob_Ainscough said:

Waving the political calling wand to avoid accuracy of information is a two-way street.

Just because a news networks appeals to a more conservative audience, doesn't mean that all of its reporting is inaccurate.  The same goes for more left-leaning media organizations.

Being more left or right on the political spectrum has little to do with cryptocurrency.

Please stop injecting your politics into discussions unrelated to politics.

Dave

1 hour ago, pgde said:

Like Faux news?

I'll say the same to you.

Please do not inject politics into a cryptocurrency discussion.

Dave

Bank accounts in the UK are regulated and only guarantied up to £85,000 this is because banks don`t hold enough cash to pay everyone, Bitcoin is not regulated and not guarantied and in a 2008 like crash you could get nothing. Miners collect bitcoins without putting any cash in and end up with a bitcoin token no pile of cash to back it. 

9 hours ago, dave2013 said:

Cryptocurrencies have no intrinsic value and are purely speculative investments.  Their value at any given time is completely arbitrary.

I have been saying for years that governments will not tolerate any competition when it comes to currencies.  The European Central Bank and the U.S.Federal Reserve Bank are already planning on creating their own digital currencies.

Bitcoin and all the others will become worthless eventually.

Dave

Nope.

On 1/23/2022 at 2:18 PM, shamrockflyer said:

If you still have Crypto, dump it all as soon as you can.

 

Crypto plummeting, awesome, time to buy then. 😁

Somebody I know amassed a sizable deposit for his house thanks to crypto. 👍

22 hours ago, dave2013 said:

Cryptocurrencies have no intrinsic value

 

Tell that to the guy I know who amassed a big deposit for his house thanks to crypto. The money in his bank account had "intrinsic" value. 👍