Crypto and Trading Thread

Bitcoin is crashing now. Gone from over a 100k to 75k in a few weeks.

Under 70k.

The world is a wild place right now.

the miners are piling into silver

That had a crazy dip as well yesterday.

they will be buying back into greenbacks to pay their mom their rent

When gold dips they’ll be back to crypto.

the best visual to describe the action in crypto and metals - millions of retail investors using digital platforms making changes on a whim

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As the sayings go “Gold and Silver are money; everything else is credit” and “He who has Gold, makes the rules”

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The continuous growth of gold reflects a lack of confidence in mainstream economics and uncertainty in global affairs.

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Some cunt contacted me on the WhatsApp a while back with a message along those lines… some investor group

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That Polymarket website is mental :joy:

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Crazy.

It’s like Betfair for life?

Will John open the window?

1.6 Yes
2.4 No

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I guess gold is just a very safe Investment in a crazy world at this time.

Dollar is 1.20 to the euro. Was 90 cent for 1 euro in 2023 I think.

Would trumps links to crypto put people off?

I’ve always wondered what would happen if lads went to collect the physical gold they “own”.

I recall during the GFC a hotel in Madrid I stayed in had a vending machine in the lobby that sold physical gold.

Wasn’t there talk a lot of gold was moved out of the world trade centre the week before 9/11.

Somebody always knows something.

Loads of examples recently of fake gold bars. Lotof people only hold paper saying they own the gold too, not holding physical

Bed of tears ahead.

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12.4 kg - the classic gold bar as seen in the movies

1.75m euros