It just so happens that when I posted (again) about Elon Musk, just now in the Trump thread,about him changing his name on his X platform the article stated that, as a result, cryptocurrency Memecoin (me neither..lol) has soared. I then recalled your post here. For some time I've felt that these cryptocurrencies are akin to Tulip mania which you highlighted (1637) and this has just reinforced that belief. Millionairs have been made from Bitcoin , assuming they sold up and were paid.
www.bbc.co.uk
It just so happens that when I posted (again) about Elon Musk, just now in the Trump thread,about him changing his name on his X platform the article stated that, as a result, cryptocurrency Memecoin (me neither..lol) has soared. I then recalled your post here. For some time I've felt that these cryptocurrencies are akin to Tulip mania which you highlighted (1637) and this has just reinforced that belief. Millionairs have been made from Bitcoin , assuming they sold up and were paid.
Elon Musk changes his name to Kekius Maximus on X
The world's richest man sparks speculation after changing his name and using a picture of Pepe the Frog.
From the article re the name change .
"The move has sent ripples through the cryptocurrency world, sending the value of a memecoin - a digital currency inspired by internet memes - that shares the same name skyrocketing. In the past, Mr Musk has influenced crypto prices with his social media commentary, but it was not immediately clear if he had any involvement in this particular memecoin"
I heard about Musk's activity and that he had used the Frog (Kermit?) avatar........the same one adopted by the extreme right in the USAIt just so happens that when I posted (again) about Elon Musk, just now in the Trump thread,about him changing his name on his X platform the article stated that, as a result, cryptocurrency Memecoin (me neither..lol) has soared. I then recalled your post here. For some time I've felt that these cryptocurrencies are akin to Tulip mania which you highlighted (1637) and this has just reinforced that belief. Millionairs have been made from Bitcoin , assuming they sold up and were paid.
Elon Musk changes his name to Kekius Maximus on X
The world's richest man sparks speculation after changing his name and using a picture of Pepe the Frog.
From the article re the name change .
"The move has sent ripples through the cryptocurrency world, sending the value of a memecoin - a digital currency inspired by internet memes - that shares the same name skyrocketing. In the past, Mr Musk has influenced crypto prices with his social media commentary, but it was not immediately clear if he had any involvement in this particular memecoin"
www.historic-uk.com
You seem unaware that, in Britain and other countries, there are bank guarantees that protect money up to a certain level. In Britain, the guarantee is run by the Financial Services Compensation Scheme (FSCS) which is a free, independent service that protects customers of authorized financial services firms in the UK.
This is true.
Someone on here,several years ago, when shares were mentioned, said it's just a form of gambling. I disagreed because it's an investment and usually comes with a divi. Yes, shares can go down as well as up, as you mentioned, but with FTSE 100 shares with a solid history if they go down you just wait until they go back up. It's well known that, in the long run, shares outperform deposit accounts. To me gambling is when you place a bet on something, like a horse or a lottery ticket which if it loses so will you. There's no waiting for it "to win." Of course it has to be money that you don't need or are likely not to need...and who knows what's round the corner ?.. and can afford to lose. The "don't need" aspect seems more relevent because an investor may have to wait a good while longer than he/she anticipated before selling at a profit.If someone can't afford to lose an investment sum then they shouldn't be investing.
50 million people own Bitcoin.About a million own one Bitcoin.I pointed out earlier that Bitcoin and it's ilk are Ponzi schemes and like all such things will leave the naive massively out of pocket, when it finally crashes.
www.brookings.edu
Someone on here,several years ago, when shares were mentioned, said it's just a form of gambling. I disagreed because it's an investment and usually comes with a divi. Yes, shares can go down as well as up, as you mentioned, but with FTSE 100 shares with a solid history if they go down you just wait until they go back up. It's well known that, in the long run, shares outperform deposit accounts. To me gambling is when you place a bet on something, like a horse or a lottery ticket which if it loses so will you. There's no waiting for it "to win." Of course it has to be money that you don't need or are likely not to need...and who knows what's round the corner ?.. and can afford to lose. The "don't need" aspect seems more relevent because an investor may have to wait a good while longer than he/she anticipated before selling at a profit.If someone can't afford to lose an investment sum then they shouldn't be investing.
I just checked Bitcoin. £78,522.20 that's up £3035 today..
Users on the BitcoinTalk forum traded 5,050 bitcoins for $5.02 via PayPal, making the first price mediated through an exchange a bargain basement price of $0.00099 per bitcoin.
From a November article: "If you had purchased $20 in Bitcoins from an online forum in 2009 you might have been able to buy over 20,000 Bitcoins. Since a single Bitcoin is worth around $70,000 today, your $20 purchase would have turned into an astounding $1.4 billion!"
I've read that there are people who bought back in 2009/2010 who still hold them. I wonder how much capital gains tax they'd have to pay ?
Re your ex... I've also read that buying the right piece of art is a good investement. As ever, it's very important to be familiar with what you're investing in and I know nothing about cryptocurrencies nor art values an d importantly, recognising fakes.
I pointed out earlier that Bitcoin and it's ilk are Ponzi schemes and like all such things will leave the naive massively out of pocket, when it finally crashes.
This article talks about what is really happening and the propensity for chaos built into these pseudo currencies,,,
Bitcoin: The Brutal Truths Revealed
Eswar Prasad uncovers the strengths and weaknesses of Bitcoin as a digital currency.
It isn't.
Your post reminds me of when we visited a shop in a nearby town and as we were wandering around, who walked but Michael & Shakira Caine..................and no we did not approach them for an autograph. NB this was around 10 years agoIn 1971, a young Michael Caine was relaxing at home with a friend, their evening interrupted by the usual parade of TV commercials. Suddenly, a Maxwell House Coffee ad caught his attention. Just as his friend was about to change the channel, Michael froze, captivated by a stunning woman in the background. She wasn’t just beautiful—she was mesmerizing, leaving him completely spellbound.
Determined to find this mystery woman, Michael launched an obsessive search. Convinced she was in Brazil, he called Maxwell House repeatedly and even purchased plane tickets to start his quest. But fate intervened. A mutual acquaintance revealed that the enchanting model was actually living in London. Her name was Shakira, a striking beauty from Guyana.
Driven by infatuation, Michael tracked down her number and persistently called until she agreed to meet. Their connection was instant and profound. It wasn’t long before they were married, beginning a journey of love and companionship that has lasted over five decades.
Now, after 51 years together, Michael and Shakira share a beautiful life and a daughter, Natasha. At 91, Michael and 77-year-old Shakira stand as a testament to the power of fate, determination, and enduring love
I guess these days it would be called stalking?
That's why he's a postman and not a Rocket Scientist
It’s probably the amount rather than the payee. There certainly seems to be a certain trigger amount on our c/c that then needs a verification. Sometimes it’s if you’re paying someone new or a non-regular payee.
For those who wish to know, the rules on Bank transfers are here...
Maybe someone will have an answer.
Doesn't even have to be a full page. Depending on how that page is coded, it can send every field once it's completed, or even every character as you type it.
Sounds like Know Your Customer / due diligence stuff.
Yes. I think you're right. Housekeeping. I certainly don't do anything untoward as I'm just a simple, honest soul
It is a problem in a country where wokeness has replaced commonsense.It's really not good enough. So it turns out that as predicated the lady I somewhat communicated with yesterday gave completely duff advice and I'm back on the phone waiting to get through again. Fun and games....
It is a problem in a country where wokeness has replaced commonsense.
I did a stint at a telecoms company, which will remain nameless to protect the guilty. A permanent colleague was active in one of the unions and was selected to go to a management / staff discussion group. Asked if there was anything he wished to raise, he put forward a proposal that the company employ speech therapists, to help people with strong accents communicate better with their colleagues and customers.
It went down like the proverbial lead balloon...
www.nzherald.co.nz
WBMT was reading about a Canadian women who, whilst in shallow water off a beach in the Turks and Caicos Islands, sees a shark and rather than get the hell out attempts to take a selfie.
Shark bites off tourist’s hands after she tried to take a selfie
The 55-year-old woman is understood to be a Canadian tourist in the Caribbean.
I wonder if the camera is OK...
