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ozimoron

Advanced Member
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Everything posted by ozimoron

  1. True, but at one point a BTC portfolio would be down close to 50%. I am not a hodler for that reason. Right now you'd be up only 8%. Not good averages over 2 years. Please let me know how to pick the absolute top and bottoms, you seem to have a talent for it. To be clear, right now I'm bullish on BTC. Historically that probably means sell now.
  2. I think that's true of all markets. That said, Gold was over 2,000 about 12 years ago and fell to 1050. I'd call that a fraction. Like all markets, there's a time to buy and a time to sell.
  3. You did well and will possibly make a lot of money but that wasn't your claim.
  4. OK, I was out by 4 years. I have to admit to not following the life and times of Elvis, it seemed like a lot longer.
  5. I'd like to know the answer to that as well. At a guess I'd say that both asset classes are highly speculative and so attract speculative investors as opposed to hedge funds. That said, hedge funds have now been forced to buy into high tech to balance their portfolios which has created a bubble. IF that's true, I'd expect a further price crash in both. My tiny portfolio (my form of gambling) is betting on that. I shorted NVDA, that's real, guts ????
  6. Easily disproved. If you started DCA in November last year you'd be heavily out of pocket now. If you started last week you'd be up a bit now. I'm still crying that I created a wallet in 2014 but never funded it.
  7. Gold's industrial use reflects a miniscule proportion of its value. On another claim of yours in a different thread you might note that the price of gold is highly correlated with high tech stocks.
  8. Beautiful photos. You are living my dream. Keep it up.
  9. Thailand is less boring that , say, Singapore or Malaysia. Us bottom of the barrel types don't like boredom.
  10. You're probably right, he wasn't there today at 11am.
  11. Probably. You'd need to weight the stats for age and income. Bangkok is more expensive while Pattaya is more of a party town. Farangs living in Bangkok tend to be wealthier or still working. This guy is obviously a tourist. The place he is living is not a condo block, it's a hotel with a daily or monthly rate.
  12. True. The European countries where the age of consent is 14 include Germany, Italy, Portugal, Hungary, Austria, Serbia, Albania, Bulgaria, Estonia, and Montenegro.
  13. Cheap words. That isn't the cheapest digs in town. Should we all avoid Pattaya because there happens to be prostitution there?
  14. It's no different from gold. No intrinsic value except what people are willing to pay for it. The fact that you can see and touch it makes no difference. Not one bitcoin can ever be destroyed unless the entire world's internet is brought down permanently. If that happens we will have a lot more to worry about than using a few bitcoin. Smart people never bet the farm on any one asset class anyway. Meantime, there's money to be made, or lost. I have a couple of grand sitting in bitcoin now. I lost a bit of money learning to trade but now I am up.
  15. It most ;likely is. First it has to recognise that it's a bike and speeding and it needs to read the number plate. That's different to a cop car reading every number plate that passes within particular view window. Whatever system they are using you can be assured it is exactly the same as systems being used in other countries.
  16. Exactly. He's been dead for more than half a century, what's the point in discussing this. I never had a good opinion of Elvis anyway, never liked his music.
  17. I wasn't referencing this forum. I didn't make that clear I know. You must be aware of the research published widely that it didn't come from a lab leak, surely?
  18. You have never produced evidence oif anything, including payments to HB. How can you be factually correct?
  19. I agree that the l;ab leak has always been possible and a consideration so therefore not a conspiracy theory. However, it has been the subject of "bitter debate". The current theory outside a lab leak is that it came from raccoon dogs. Many scientists believe that. I'm neutral.

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