Making Money Online? - Page 4

don simon · 09-12-2017, 21:42

What is actually driving these fluctuations?

Jay666d · 10-12-2017, 10:54

Quote:

Originally Posted by macabethiel

Out of interest the wife made 4.53 % out of Ernie last year I made paltry 1.47 % on the year tax free of course. The capital is safe and you can cash it in oline within 3 working days direct into your bank.

I know that I can cash out any interest made on the BitConnect site and it will arrive in my bank. (That's what my 'Conclusion' video was about.)

The same cannot be said for the Capital as yet, because that's locked away for 299 days.

Jay666d · 10-12-2017, 10:56

Quote:

Originally Posted by don simon

What is actually driving these fluctuations?

That's a good question...A one I'm not sure of the answer.

Could be demand, or it could be because it's being adopted by more companies/people?

don simon · 10-12-2017, 11:19

This goes someway to explain why.
https://www.bloomberg.com/news/artic...-says-jal10hxd
It's just a question of when and not if the bubble bursts.
I find it slightly interesting, but there's nothing magical. It could be anything that's traded, but unlike bartering where there is a tangible exhange, the traded goods here are irrelevant and could be anything from lightbulbs to tulip bulbs.
I'll give another similar example of the bubble in more recent times and that would be the Spanish housing market. Just before the crash. Properties were bought and sold on the promise of guaranteed increases in value and not the market.

don simon · 12-12-2017, 08:16

Another interesting read http://www.bbc.co.uk/news/technology-42265728

Jay666d · 12-12-2017, 21:21

It has been an awesome day for one of my Cryptocurrencies!

https://youtu.be/YMQX44M7FYY

Jay666d · 12-12-2017, 21:23

Quote:

Originally Posted by don simon

Another interesting read http://www.bbc.co.uk/news/technology-42265728

Yeah, good read!

Puts another angle on it!

Jay666d · 18-12-2017, 21:45

https://youtu.be/kKmlYRI8n48

Another quick update on how some of my Crypto Coins are getting on.

solarman216 · 19-12-2017, 01:28

My advise, draw it out now before the bubble bursts, just think about it, where is your increase coming from if not from other investors that will lose it all, there is no free meal it is all a scam, Rick

Jay666d · 19-12-2017, 15:25

It's not bad advice Rick, I think when the time is right I will pull out at least the money I have invested.

Other people buying in as it gains popularity does increase the price of it, but I still feel that it's in its infancy.

But it's increased usage will also push the price up and could ensure that it stays around.

The CME is about to start trading with it... That will dump even more money into the Crypto pot!

Think I'll stick around!

19-12-2017, 01:28	#54
solarman216 Off road maniac Join Date: Dec 2009 Location: Bexhill on Sea Vehicle: Y60 Patrol Me, 3 ltr Mrs Posts: 17,431	My advise, draw it out now before the bubble bursts, just think about it, where is your increase coming from if not from other investors that will lose it all, there is no free meal it is all a scam, Rick __________________ Ex banger racer now off road maniac Lokka on the front with manual hubs Diff lock on rear 3 inch SS straight through exhaust Manly winch bumper with 13000 lb winch 10 spike ground anchor, with multiple straps and blocks Super strong body cills capped with scaffold pole 20% stronger springs all round aggressive off road tyres on wheels so just swap. Aim to get stuck and be completely self sufficient in extraction, love getting muddy, 2ft deep is good but rare.

09-12-2017, 21:42	#46
don simon Senior Member Join Date: Oct 2014 Location: Gone. Vehicle: Terrano ii Posts: 2,215	What is actually driving these fluctuations?

10-12-2017, 11:19	#49
don simon Senior Member Join Date: Oct 2014 Location: Gone. Vehicle: Terrano ii Posts: 2,215	This goes someway to explain why. https://www.bloomberg.com/news/artic...-says-jal10hxd It's just a question of when and not if the bubble bursts. I find it slightly interesting, but there's nothing magical. It could be anything that's traded, but unlike bartering where there is a tangible exhange, the traded goods here are irrelevant and could be anything from lightbulbs to tulip bulbs. I'll give another similar example of the bubble in more recent times and that would be the Spanish housing market. Just before the crash. Properties were bought and sold on the promise of guaranteed increases in value and not the market.

12-12-2017, 08:16	#50
don simon Senior Member Join Date: Oct 2014 Location: Gone. Vehicle: Terrano ii Posts: 2,215	Another interesting read http://www.bbc.co.uk/news/technology-42265728

12-12-2017, 21:21	#51
Jay666d Senior Member Join Date: Jul 2016 Location: Northumberland Vehicle: Patrol GU3 (Y61) 3.0 SVE Posts: 1,375	It has been an awesome day for one of my Cryptocurrencies! https://youtu.be/YMQX44M7FYY

18-12-2017, 21:45	#53
Jay666d Senior Member Join Date: Jul 2016 Location: Northumberland Vehicle: Patrol GU3 (Y61) 3.0 SVE Posts: 1,375	https://youtu.be/kKmlYRI8n48 Another quick update on how some of my Crypto Coins are getting on.

19-12-2017, 15:25	#55
Jay666d Senior Member Join Date: Jul 2016 Location: Northumberland Vehicle: Patrol GU3 (Y61) 3.0 SVE Posts: 1,375	It's not bad advice Rick, I think when the time is right I will pull out at least the money I have invested. Other people buying in as it gains popularity does increase the price of it, but I still feel that it's in its infancy. But it's increased usage will also push the price up and could ensure that it stays around. The CME is about to start trading with it... That will dump even more money into the Crypto pot! Think I'll stick around!