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Post by mtrstudent on Mar 17, 2020 17:01:25 GMT
Oil fucked, everything fucked. A war is the only way they’ll get oil back up. Odds on Trump just giving money to the oil companies? He's buying oil to fill the US stockpile, which seems sensible at these prices, but that's only $2-3 bn. The whole US fracking boom is built on about $100 billion in debt, with a chunk due next year. Trump's election strategy was to burn trillion $ deficits to prop up share prices and campaign on that... but now the US finances are fucked coming into a disaster. What will he do to prop up oil & shares now?
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Investing
Mar 17, 2020 17:21:20 GMT
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Post by zerps on Mar 17, 2020 17:21:20 GMT
Oil fucked, everything fucked. A war is the only way they’ll get oil back up. Odds on Trump just giving money to the oil companies? He's buying oil to fill the US stockpile, which seems sensible at these prices, but that's only $2-3 bn. The whole US fracking boom is built on about $100 billion in debt, with a chunk due next year. Trump's election strategy was to burn trillion $ deficits to prop up share prices and campaign on that... but now the US finances are fucked coming into a disaster. What will he do to prop up oil & shares now? Not sure mate but oil is controlling everything. A war is probably the only way to turn the markets around? Being a massive cynic, I’m assuming this is all part of some masterplan by someone.
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Post by mtrstudent on Mar 17, 2020 18:12:25 GMT
Odds on Trump just giving money to the oil companies? He's buying oil to fill the US stockpile, which seems sensible at these prices, but that's only $2-3 bn. The whole US fracking boom is built on about $100 billion in debt, with a chunk due next year. Trump's election strategy was to burn trillion $ deficits to prop up share prices and campaign on that... but now the US finances are fucked coming into a disaster. What will he do to prop up oil & shares now? Not sure mate but oil is controlling everything. A war is probably the only way to turn the markets around? Being a massive cynic, I’m assuming this is all part of some masterplan by someone. I don't doubt that people in power are planning things and trying to take advantage, but I don't buy into a global conspiracy idea. I remember when I worked at Tesco and there were all these conspiracies about Tesco taking over the country (Tescopoly etc). They were so fucking incompetent that there's no way they could plan something like that on purpose and it wouldn't get out! But who knows what each group are doing. Since the Russkis didn't agree to cuts to keep prices high, maybe the Saudis have seen a good chance to burn down all the fracking & oil sand companies so that for the next decade investors are scared of investing in them, and the Saudis can reap all the profits after this blows over? I haven't got a clue mate, but I bet there's the usual blend of lots of competitors trying to win mixed with incompetence.
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Post by ashsummer on Apr 2, 2020 10:46:52 GMT
Prior to start researching markets, you need to determine what is your maximum amount of down payment for investing. An smart investor should understand the underlying microeconomics shaping each metro area, including job growth, rental rates, median home prices, construction starts, investment home cap rates etc. When I was investing in real estate, I did lots of research through the base of real estate ADs worldwide
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Post by sammys89 on Jun 21, 2020 9:25:45 GMT
I personally invest in real estate mostly because that's become almost exclusively my source of income. It fits my values to provide efficient housing to people. And to maintain buildings that could otherwise become dilapidated and require more destruction to rebuild. The initial reason was accidental when I moved out of my house. Then it become an investment/lifestyle choice after the crash. Then even more so after I had a child and made enough $ to support leaving my first career. Now housing/environment is more of a passion. I love finding a good deal, property manager or tenant. And improving my mindset and process to operate. Any tips to improve are most welcome! __________ realtors
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Post by prestwichpotter on Jan 4, 2021 12:33:57 GMT
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Post by zerps on Jan 4, 2021 13:04:37 GMT
Crashed back to it’s all time high 3 days ago 😂 Still 31000 per coin which is significantly higher than it’s previous record all time high of 20000 in December 2017. Exciting times. Make sure you set a stop loss to secure profit 👍 Alt coin season is next when bitcoin has had its fun. Don’t miss out.
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Investing
Jan 4, 2021 13:06:37 GMT
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Post by zerps on Jan 4, 2021 13:06:37 GMT
Odds on Trump just giving money to the oil companies? He's buying oil to fill the US stockpile, which seems sensible at these prices, but that's only $2-3 bn. The whole US fracking boom is built on about $100 billion in debt, with a chunk due next year. Trump's election strategy was to burn trillion $ deficits to prop up share prices and campaign on that... but now the US finances are fucked coming into a disaster. What will he do to prop up oil & shares now? Not sure mate but oil is controlling everything. A war is probably the only way to turn the markets around? Being a massive cynic, I’m assuming this is all part of some masterplan by someone. Someone google the price of bitcoin when I posted this 😂
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Post by partickpotter on Jan 4, 2021 13:32:29 GMT
Crashed back to it’s all time high 3 days ago 😂 Still 31000 per coin which is significantly higher than it’s previous record all time high of 20000 in December 2017. Exciting times. Make sure you set a stop loss to secure profit 👍 Alt coin season is next when bitcoin has had its fun. Don’t miss out. I can’t figure Bitcoin out. My expectation is it is a bubble waiting to burst. Not out of any ideological basis, just that history is full of commodities that boom then bust. And Bitcoin is certainly boom just now. Some commentators though seem to have a massive dislike of Bitcoin. The guy above may be one of those people. His tweet is certainly disingenuous. The clue is in the very limited timeframe he uses for the graph. The evidence is in the Bloomberg article he links to whose title is... Ether and Bitcoin Both Surge Amid a Dizzying Crypto Rally.
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Investing
Jan 4, 2021 13:44:12 GMT
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Post by zerps on Jan 4, 2021 13:44:12 GMT
Crashed back to it’s all time high 3 days ago 😂 Still 31000 per coin which is significantly higher than it’s previous record all time high of 20000 in December 2017. Exciting times. Make sure you set a stop loss to secure profit 👍 Alt coin season is next when bitcoin has had its fun. Don’t miss out. I can’t figure Bitcoin out. My expectation is it is a bubble waiting to burst. Not out of any ideological basis, just that history is full of commodities that boom then bust. And Bitcoin is certainly boom just now. Some commentators though seem to have a massive dislike of Bitcoin. The guy above may be one of those people. His tweet is certainly disingenuous. The clue is in the very limited timeframe he uses for the graph. The evidence is in the Bloomberg article he links to whose title is... Ether and Bitcoin Both Surge Amid a Dizzying Crypto Rally. Bitcoin is a rival to gold as a store of value. Especially as we’re certain to see a monster global recession, sooner rather than later. The funny thing about bitcoin is anyone can buy it but it just exists. No company is in charge or ownership of bitcoin, it’s just there. And unless they shutdown the internet there’s nothing anyone can do about it. Apologies for the previous short response but I’ve had to listen to literally everyone tell me that bitcoin is dead/scam/bubble for three years and now it’s obliterating previous record highs 😂 I’m happy to discuss crypto, I find it absolutely fascinating. Why should banks hold your money? Especially with negative interest rates looming.
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Post by prestwichpotter on Jan 4, 2021 14:08:31 GMT
Crashed back to it’s all time high 3 days ago 😂 Still 31000 per coin which is significantly higher than it’s previous record all time high of 20000 in December 2017. Exciting times. Make sure you set a stop loss to secure profit 👍 Alt coin season is next when bitcoin has had its fun. Don’t miss out. I can’t figure Bitcoin out. My expectation is it is a bubble waiting to burst. Not out of any ideological basis, just that history is full of commodities that boom then bust. And Bitcoin is certainly boom just now. Some commentators though seem to have a massive dislike of Bitcoin. The guy above may be one of those people. His tweet is certainly disingenuous. The clue is in the very limited timeframe he uses for the graph. The evidence is in the Bloomberg article he links to whose title is... Ether and Bitcoin Both Surge Amid a Dizzying Crypto Rally. There's a couple of things in life that genuinely make my head hurt, bitcoin is one of them......
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Post by partickpotter on Jan 4, 2021 14:09:47 GMT
I can’t figure Bitcoin out. My expectation is it is a bubble waiting to burst. Not out of any ideological basis, just that history is full of commodities that boom then bust. And Bitcoin is certainly boom just now. Some commentators though seem to have a massive dislike of Bitcoin. The guy above may be one of those people. His tweet is certainly disingenuous. The clue is in the very limited timeframe he uses for the graph. The evidence is in the Bloomberg article he links to whose title is... Ether and Bitcoin Both Surge Amid a Dizzying Crypto Rally. There's a couple of things in life that genuinely make my head hurt, bitcoin is one of them...... Snap.
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Investing
Jan 4, 2021 15:06:32 GMT
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Post by followyoudown on Jan 4, 2021 15:06:32 GMT
There's a couple of things in life that genuinely make my head hurt, bitcoin is one of them...... Snap. On the plus side not understanding bitcoin has not cost you a few billion unlike Lilly Allen.....
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Investing
Jan 4, 2021 15:09:14 GMT
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Post by foster on Jan 4, 2021 15:09:14 GMT
Any advice on sustainable technologies that may be worth a little investment?
Already got my eye on eSports and got some shares in TUI just after all the hols got cancelled. Expecting a return on that.
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Investing
Jan 4, 2021 17:30:41 GMT
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Post by zerps on Jan 4, 2021 17:30:41 GMT
On the plus side not understanding bitcoin has not cost you a few billion unlike Lilly Allen..... Daft cow 😂
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Post by theoptimist on Jan 4, 2021 21:37:09 GMT
Invest £25k at evens on Trump to win a second term. Sit back and wait to collect some easy lolly. Guaranteed mate
Glad I didn't
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Investing
Jan 4, 2021 21:38:16 GMT
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Post by zerps on Jan 4, 2021 21:38:16 GMT
Glad I didn't Spent mine on bitcoin 😂
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Investing
Jan 4, 2021 21:47:13 GMT
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Post by heworksardtho on Jan 4, 2021 21:47:13 GMT
I’ve invested in Tingles although it has it ups and downs
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Post by thisisouryear on Jan 5, 2021 0:31:39 GMT
Crashed back to it’s all time high 3 days ago 😂 Still 31000 per coin which is significantly higher than it’s previous record all time high of 20000 in December 2017. Exciting times. Make sure you set a stop loss to secure profit 👍 Alt coin season is next when bitcoin has had its fun. Don’t miss out. I can’t figure Bitcoin out. My expectation is it is a bubble waiting to burst. Not out of any ideological basis, just that history is full of commodities that boom then bust. And Bitcoin is certainly boom just now. Some commentators though seem to have a massive dislike of Bitcoin. The guy above may be one of those people. His tweet is certainly disingenuous. The clue is in the very limited timeframe he uses for the graph. The evidence is in the Bloomberg article he links to whose title is... Ether and Bitcoin Both Surge Amid a Dizzying Crypto Rally. I have watched and seen people claiming they are rich promoting bitcoin and other crypto currencies on YouTube, but I always think they are just sucking people in to invest in it to boost its value for themselves.
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Post by zerps on Jan 5, 2021 7:14:04 GMT
I can’t figure Bitcoin out. My expectation is it is a bubble waiting to burst. Not out of any ideological basis, just that history is full of commodities that boom then bust. And Bitcoin is certainly boom just now. Some commentators though seem to have a massive dislike of Bitcoin. The guy above may be one of those people. His tweet is certainly disingenuous. The clue is in the very limited timeframe he uses for the graph. The evidence is in the Bloomberg article he links to whose title is... Ether and Bitcoin Both Surge Amid a Dizzying Crypto Rally. I have watched and seen people claiming they are rich promoting bitcoin and other crypto currencies on YouTube, but I always think they are just sucking people in to invest in it to boost its value for themselves. Plenty of scams for sure. Bitcoin isn’t a scam. Worth researching properly but don’t listen to anyone claiming to make you rich overnight.
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Post by LL Cool Dave on Jan 5, 2021 8:31:27 GMT
Ethereum is the one to go for at the moment.
Keep an eye on XRP as well. If they win their lawsuit against the SEC, which the news of completely fucked it for them, or it gets dropped then it will rocket in a very short space of time.
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Post by zerps on Jan 5, 2021 8:41:56 GMT
Ethereum is the one to go for at the moment. Keep an eye on XRP as well. If they win their lawsuit against the SEC, which the news of completely fucked it for them, or it gets dropped then it will rocket in a very short space of time. With you there mate. Something is cooking.
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Post by zerps on Jan 5, 2021 8:54:37 GMT
I like the look of vechain too. Partnered with walmart and new announcements to come soon.
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Post by zerps on Jan 5, 2021 8:59:36 GMT
Crypto is going to explode
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Post by dutchstokie on Jan 5, 2021 13:14:06 GMT
There's a couple of things in life that genuinely make my head hurt, bitcoin is one of them...... Snap. Same here...what is a 'bitcoin' EXACTLY? Are you literally buying bits of a coin or am I being a bit thick? Surely youre better off having the 'coin' in your pocket and not putting youre personal and financial details all over some financial platform Come on zerps help us !
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Investing
Jan 5, 2021 13:19:26 GMT
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Post by zerps on Jan 5, 2021 13:19:26 GMT
Same here...what is a 'bitcoin' EXACTLY? Are you literally buying bits of a coin or am I being a bit thick? Surely youre better off having the 'coin' in your pocket and not putting youre personal and financial details all over some financial platform Come on zerps help us ! Digital currency mate. The future of money as money catches up with everything else going digital. The first blockchain technology which in itself is fascinating. It’s a decentralised system of nodes that have to be validated by miners. Crypto currency is the first new asset class since the 1600’s I believe. Hope that helps 😂
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Post by dutchstokie on Jan 5, 2021 13:25:45 GMT
Same here...what is a 'bitcoin' EXACTLY? Are you literally buying bits of a coin or am I being a bit thick? Surely youre better off having the 'coin' in your pocket and not putting youre personal and financial details all over some financial platform Come on zerps help us ! Digital currency mate. The future of money as money catches up with everything else going digital. The first blockchain technology which in itself is fascinating. It’s a decentralised system of nodes that have to be validated by miners. Crypto currency is the first new asset class since the 1600’s I believe. Hope that helps 😂 Of course !!!!!! How silly of me ! ( looks at zerps response and glazed expression falls across Jimmys face)
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Post by partickpotter on Jan 5, 2021 15:53:39 GMT
Digital currency mate. The future of money as money catches up with everything else going digital. The first blockchain technology which in itself is fascinating. It’s a decentralised system of nodes that have to be validated by miners. Crypto currency is the first new asset class since the 1600’s I believe. Hope that helps 😂 Of course !!!!!! How silly of me ! ( looks at zerps response and glazed expression falls across Jimmys face) Give this video a watch... it’s pretty good. The bottom line is money, as we know it today, is a lot more complicated than we think. Actually, we don’t think about it. It just works. Bitcoin is just a new way of working with “money”. My take is that it’s value add is something of a false value add - that it takes out the role of Government and Central Banks as guarantor who can do things that are detrimental to us like, for example, printing money that devalues the cash that we have. Not saying that doesn’t happen, but it ain’t a major headache for most people. Bitcoin is a tech solution that uses tech as the guarantor. That, is what the Bitcoin mining is all about. Which does have some appeal. But, it has to have some risk as it is also outside government regulation. The question for me is, is the tech safe enough to ensure fraud is at least managed as well as it is with conventional “fiat” money - what we have today (which is not perfect). One other thing with Bitcoin... that mining activity consumes humongous amounts of power for no tangible benefit. It’s not as if it produces a physical product. It is basically the control mechanism for managing money supply in the world of Bitcoin. Let’s just say, I doubt Greta is investing in Bitcoin. Bottom line is we would probably accept Bitcoin if is what we were used to.
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Post by prestwichpotter on Jan 5, 2021 20:25:03 GMT
Same here...what is a 'bitcoin' EXACTLY? Are you literally buying bits of a coin or am I being a bit thick? Surely youre better off having the 'coin' in your pocket and not putting youre personal and financial details all over some financial platform Come on zerps help us ! Digital currency mate. The future of money as money catches up with everything else going digital. The first blockchain technology which in itself is fascinating. It’s a decentralised system of nodes that have to be validated by miners. Crypto currency is the first new asset class since the 1600’s I believe. Hope that helps 😂 I understand it less now!!
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Post by foster on Jan 7, 2021 8:15:15 GMT
Of course !!!!!! How silly of me ! ( looks at zerps response and glazed expression falls across Jimmys face) W1 Give this video a watch... it’s pretty good. The bottom line is money, as we know it today, is a lot more complicated than we think. Actually, we don’t think about it. It just works. Bitcoin is just a new way of working with “money”. My take is that it’s value add is something of a false value add - that it takes out the role of Government and Central Banks as guarantor who can do things that are detrimental to us like, for example, printing money that devalues the cash that we have. Not saying that doesn’t happen, but it ain’t a major headache for most people. Bitcoin is a tech solution that uses tech as the guarantor. That, is what the Bitcoin mining is all about. Which does have some appeal. But, it has to have some risk as it is also outside government regulation. The question for me is, is the tech safe enough to ensure fraud is at least managed as well as it is with conventional “fiat” money - what we have today (which is not perfect). One other thing with Bitcoin... that mining activity consumes humongous amounts of power for no tangible benefit. It’s not as if it produces a physical product. It is basically the control mechanism for managing money supply in the world of Bitcoin. Let’s just say, I doubt Greta is investing in Bitcoin. Bottom line is we would probably accept Bitcoin if is what we were used to. My issue is in having confidence in it. I hear about people 'mining' bitcoin, but does that mean that they're effectively making their own money using extremely powerful computers? Can governments do this and wouldn't that effectively reduce the value of any bitcoin a normal person invests in? What happens if the Internet goes down? Via a war, or cybercrime or government restrictions? If there's a common ledger shared and replicated across the world on every computer that accesses bitcoin, then just how much space, capacity and energy does that use? Got to bad for the environment surely? What if someday someone figures out how to corrupt it? I think it currently has 3 stages of security making it almost impossible, but still, you never know what hackers (Russia for example) might come out with in future. I'd invest a bit in it, but nothing I'm not willing to lose.
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