bitcoin

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5thhorseman
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Re: bitcoin

Post by 5thhorseman »

Per wrote: Fri Jan 08, 2021 2:01 am I've recently bought stock in Sweden's biggest hotel chain, Scandic.
Their stock had fallen roughly 70% since the pandemic hit.

I expect it to go back to normal within a year or two.
They are too big to fail, so I don't see a bankruptcy in the cards.
So your investment is dependent on a government handout? Mmmmmm, how Republican of you (Boeing).
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5thhorseman
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Re: bitcoin

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I don't know what the fuck is going on but seems like I got the first post on a new page down to a science.
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Re: bitcoin

Post by 5thhorseman »

Strangelove wrote: Fri Jan 08, 2021 6:38 pm .
If you bozos own any twitter stock: SELL
While we are conflating Trump and investing, I'm wondering why all the leading companies of the day, the Amazons, Twitters, Googles, and Facebooks happen to be run by "leftists". Aren't the Republicans the party of business?

Thoughts anyone? Yeah, I know, there are some wackos like Musk who supported Kanye.
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rats19
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Re: bitcoin

Post by rats19 »

5thhorseman wrote: Fri Jan 08, 2021 8:51 pm I don't know what the fuck is going on but seems like I got the first post on a new page down to a science.
As long as you quote your reference, it carries over just fine. I hate it when I reply without quoting and you can’t tell what I’m talking about ;)
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Topper
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Re: bitcoin

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what are you talking about?
Over the Internet, you can pretend to be anyone or anything.

I'm amazed that so many people choose to be complete twats.
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Per
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Re: bitcoin

Post by Per »

5thhorseman wrote: Fri Jan 08, 2021 8:50 pm
Per wrote: Fri Jan 08, 2021 2:01 am I've recently bought stock in Sweden's biggest hotel chain, Scandic.
Their stock had fallen roughly 70% since the pandemic hit.

I expect it to go back to normal within a year or two.
They are too big to fail, so I don't see a bankruptcy in the cards.
So your investment is dependent on a government handout? Mmmmmm, how Republican of you (Boeing).
Well, not necessarily, but sure, the government is trying to help the service sector. I was actually thinking more along the line that they’re the biggest fish in the pond and will likely be able to hang in longer than anyone else. They have hundreds of hotels and own property smack dab in the centre of every city in Sweden, Norway, Finland and Denmark. Even if things get really bad, rather than going belly up they could just sell off a handful of buildings to raise cash and survive to fight another day.

Real estate in Sweden has actually gone up rather than down during the pandemic. It’s weird. My best guess is that people being forced to work from home all came to the conclusion that if I need to work from home, I need a better home! :lol:
But that means that should it be necessary to liquidate assets they will most likely not do so at a loss.
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Re: bitcoin

Post by rats19 »

Topper wrote: Sat Jan 09, 2021 10:24 am what are you talking about?
Numerous things
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Re: bitcoin

Post by Strangelove »

5thhorseman wrote: Fri Jan 08, 2021 8:58 pm
Strangelove wrote: Fri Jan 08, 2021 6:38 pm .
If you bozos own any twitter stock: SELL
While we are conflating Trump and investing, I'm wondering why all the leading companies of the day, the Amazons, Twitters, Googles, and Facebooks happen to be run by "leftists". Aren't the Republicans the party of business?
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5thhorseman
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Re: bitcoin

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The Beer Belly Putsch tried and failed lol.

In all honesty, they were a bunch of misfits. No chance of overthrowing anything larger than a bookshelf.

Anyways, wrong thread.
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Re: bitcoin

Post by Strangelove »

You really think THAT was it Horsey? :lol:

Hang onto your horses...

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5thhorseman
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Re: bitcoin

Post by 5thhorseman »

Strangelove wrote: Sat Jan 09, 2021 8:00 pm Hang onto your horses...
More waiting? groan
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Re: bitcoin

Post by Per »

5thhorseman wrote: Sat Jan 09, 2021 7:58 pm The Beer Belly Putsch tried and failed lol.

In all honesty, they were a bunch of misfits. No chance of overthrowing anything larger than a bookshelf.

Anyways, wrong thread.
Well.... the failed Beer Hall Putsch wasn't the end of the NSDAP... even if many thought so at the time. :?

And you didn't see the pics of paramilitary peeps with zip-tie handcuffs looking for senators to take hostage? :eh:
Most were idiots and misfits, but in their midst were a bunch of trained domestic terrorists trying to pull of a coup.

Image
https://news.yahoo.com/fbi-looking-man- ... 18048.html


... but yeah, probably wrong thread.
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Re: bitcoin

Post by griz »

Cornuck wrote: Tue Jan 05, 2021 1:07 pm
The Brown Wizard wrote: Tue Jan 05, 2021 12:42 pm Griz now lives on his super yacht off the french riviera coast with 4 different bitches all fighting over his sausage
That's the only thing which would explain his absence.
Lol! Funny stuff, but not my reality.

Sorry for my absence in this thread.
5thhorseman wrote: Yeah, don't invest in something you don't even remotely understand. Wonder if griz got out in time.
I would balance that wisdom with taking some risks in life.

I never sold through the crash in 2017. And even those who bought at the top before that crash have since doubled their money (as long as they didn't sell). Anyone who ever bought bitcoin and held it for 3 years is in profit.

But no doubt it is a risk. I'm crazy and that helps.
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Re: bitcoin

Post by 5thhorseman »

griz wrote: Thu Jan 21, 2021 8:20 pm
5thhorseman wrote: Yeah, don't invest in something you don't even remotely understand. Wonder if griz got out in time.
I would balance that wisdom with taking some risks in life.
Oh believe me, I take risks. But there's taking risks you don't understand, which is essentially gambling, and taking risks you do understand, which is investing.
griz wrote: Thu Jan 21, 2021 8:20 pm I never sold through the crash in 2017. And even those who bought at the top before that crash have since doubled their money (as long as they didn't sell). Anyone who ever bought bitcoin and held it for 3 years is in profit.

But no doubt it is a risk. I'm crazy and that helps.
There's lots of crazy "investors" these days. It's what is creating the froth in the market.
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