starkmonster wrote: ↑

Mon Mar 01, 2021 9:46 pm

Therefore with everything else being equal, as more gold is mined, the price decreases and the market cap remains unchanged.

The same law applies to Bitcoin everything else being equal.

It's simple supply and demand. Price is inversely proportional to supply. Therefore with everything else being equal, as more gold is mined, the price decreases and the market cap remains unchanged. Aside from that Bitcoin and Gold are both finite and directly comparable. About 90% of all bitcoins h...

Following on from my previous post, another interesting way to frame it is this. Currently the market is giving 10-1 odds on Bitcoin at some point reaching market cap parity with Gold. A year ago you could get 50-1. A 2/3 years back it was around 100-1. Wild short term fluctuations on the back of we...

This is simplifying things a lot, but there are only two core investment strategies with crypto. 1. Taking bets on the highs and lows of a volatile market in the belief that you can beat the algorithms. 2. Hodling Bitcoin where you are accumulating as much Bitcoin as possible and betting on the even...

"If you can't buy hookers and blow with it, it ain't real...". Buying hookers and blow was it's very first successful use case. It's now moved on a place to park your money while waiting for consumer prices to catch up with the insane printing press action that's been going on to pay for lockdowns.

This is a game changer. Elon has a huge amount of followers, and Tesla isn't exactly insignificant https://www.theverge.com/2021/2/8/22272103/tesla-bitcoin-investment-1-5-billion-cryptocurrency-payments The funny part is someone (can't be bothered to go check who or where) back in the depths of the...

Scobienz, how are your British Telecom shares and treasury bonds doing? A real rollercoaster no doubt...

There's been a big swing towards local tourism, Kampot and Kep are packed on the weekends and empty during the week.

Businesses that have adjusted to that seem to be doing okay.

Lol: Bitcoin Meets Banking As U.S. Bank Regulator Permits Cryptocurrency Custody https://www.forbes.com/sites/haileylennon/2020/07/22/bitcoin-meets-banking-as-us-bank-regulator-permits-cryptocurrency-custody/#4a7e26a35479 https://i.postimg.cc/tC72nwYX/Screenshot-20200727-121433-Brave.jpg :rimshot:

It was pretty funny though...

“In a tweet, Twitter noted only that it was aware of a “security incident impacting accounts on Twitter.” and that users should send Bitcoin to the wallet provided to "receive double the amount in return".

No, her claims are legit. Super Duper hasn't had seedless grapes for a few weeks now, it's either grapes with seeds (yuuk) or go without. Also no Crunchy Nut Cornflakes, that's when you know it's getting serious.

Top bloke.

You know the industry better than I do, but I do understand that you'll be held back if you lack some sort of semi-relevant undergraduate degree. Even if it's, say, Finance. When heads need to roll, they need to select candidates, and often the only way to do so is by looking at basic elements such...