Good straight-talking piece in the Independent about the environmental impact due to the energy consumption required by Bitcoin.https://www.independent.co.uk/climate-change/opinion/bitcoin-mining-environment-climate-change-b1822426.html
Think we will see $100k this time Pete?
I'm not interested in BTC for its long-term utility or lack of.
Why would there be? This thread is more about insights into what everyday people can invest in to hopefully grow their wealth.The cycle of boom/bust is endless, and caused by greed. If you think there'll ever be a time when regulations prevent incredibly wealthy people from taking increasingly higher risk with other people's leverage to become slightly more wealthy then you're naïve.
Why would there be? This thread is more about insights into what everyday people can invest in to hopefully grow their wealth.
Quote from: petejh on March 30, 2021, 12:16:10 pmWhy would there be? This thread is more about insights into what everyday people can invest in to hopefully grow their wealth.The cycle of boom/bust is endless, and caused by greed. If you think there'll ever be a time when regulations prevent incredibly wealthy people from taking increasingly higher risk with other people's leverage to become slightly more wealthy then you're naïve.Maybe because everyday people can easily get caught up in the waves created by such huge regulatory failures, given the interconnectivity of the markets. Maybe also those pedalling such concerns as pointless are the naive ones.
As much as your posts might help some sensible investors (bad luck aside), they might tempt others into trouble.
this thread is about sharing *ideas for investing in shares*
This is a very specific thread for Pete to be bullish about companies that dig stuff out of the ground. Everyone get balls deep in tin - we're going to the moon. Paper hands bitches worrying about risk are killing the buzz.
Imagine what would happen if someone started a base jumping thread on here... Although I agree with Bradders re this seeming like an ok place for broader discussion of the pros/cons/risks too.