Bitcoin, Crypto and Stocks

Shedite wrote: Green Cockade wrote: Musk has his own agenda with his mischievous comments, which have again caused fluctuations in the cryptocurrency markets. I would be surprised if he is not positioning himself to become a major future player in the industry from a cleaner energy mining perspective. Yeah he's either - genuinly just tweeting without thinking about things (doing a disservice to his shareholders) - trying to crash the price to buy more Bitcoin (probably an SEC violation) - maybe suggesting he's moving to Ether, which is more eco friendly. The lad flies his private Jet every day of the year, including one flight last year that went 36miles, across LA. He can hardly complain about emissions

Ada on another run. Goes past the $2 mark and over 2.20 at the min. Not that im complaining, but how and why as others seem to be falling? 

This thread should be kept for posterity. PhD students will have a field day looking back on this crazy early era of crypto. 

colemanY2K wrote: This thread should be kept for posterity. PhD students will have a field day looking back on this crazy early era of crypto.

cardwizzard wrote: colemanY2K wrote: This thread should be kept for posterity. PhD students will have a field day looking back on this crazy early era of crypto.  Haha your probably right, and truth be told ive only started a few months and seem to be stumbling around in the dark.. But its exciting and potential is there to make few bob, risky yes, but im not exactly throwing my life savings at it.

I took out the intitial £500 I've put in over the last few months yesterday from my ADA. I've up nearly 2k in there now. I'm gonna keep doing £50-100 a month into ADA on pay day and see what it goes to. I've staked my ADA too as you get a ~5% return on it and can withdraw anytime you like. Over 70% of ADA is staked now.

BrendanD88 wrote: Would trading on crypto affect your chances of getting a mortgage in the same way online gambling would?

Claret Murph wrote: BrendanD88 wrote: Would trading on crypto affect your chances of getting a mortgage in the same way online gambling would?    Thats a good question , i would say depends on how much you invest each month in crypto's

Zinedine Kilbane 110 wrote: Claret Murph wrote: BrendanD88 wrote: Would trading on crypto affect your chances of getting a mortgage in the same way online gambling would?    Thats a good question , i would say depends on how much you invest each month in crypto's Yeah I’m not sure how they view it. I put away 500 each month into an Equity fund and that was deemed as good but my 16 a month on lotto tickets was viewed as very bad.  I think if it’s a regular amount and you show you are just buying to hold that would be deemed good. If you are transferring random amounts and trading in and out they might see that as gambling. If you are holding cumrocket, I can’t see that going down well with the banks.