gaz5

Fair play, that comes from good football. Gonna be a stellar f**k up to go out from here now.

Crypto is not a store of value. [emoji846] Not yet anyway. I'm a buyer when it gets to 21k to 24k, which is where we could be headed. 29k seems a certainty as a minimum. Certainly not a buyer less than 12 hours after Russia invaded Ukraine. You need to give that shit a few weeks at least to play out. It ain't gonna bottom in 12 hours from that! Same as stocks won't. Advising people to buy now is reckless IMO. The bottom will come when the FED announces they are pulling back in QT because of "the situation in Ukraine" and they will continue QE "for now" as a result. My prediction is that comes in the next 4 weeks, at the FOMC, with news stories leaked before that to gauge public opinion. But then, that's because that's what I think this Ukraine business is mainly about. And that I find rather disgusting.

No offence, but it's a terrible time to buy any risk on assets at the moment, crypto included. [emoji1787]

Cheers, will give it a watch. [emoji106] Personally I think the biggest issue facing younger generations is the same one that we faced, a lack of general financial understanding/literacy, twisting to all asset classes and general money management/growth. That's unlikely to change quickly. You're right, the argument about the cost of opportunity isn't a crypto specific one, it's an asset one across all asset classes. Ultimately, with wages rising lower than CPI every year but equities/property/crypto (for example) being assets that people look to buy with those wages to protect wealth/ beat inflation, the returns you are getting an all of those assets are raising the cost of entry for all who come after you, including you in DCA and, in itself, is inflation of asset value versus fiat currency. That's not a uniquely Crypto problem. And yeah, the lack of regulation certainly brings some colorful individuals to the Crypto market. [emoji846] My view is that is always the case in emerging markets (stocks were the same 12 years after their inception and arguably far longer if you look at 2008 and CDO's, for example!). Regulation will come and it will be a good thing (despite what many think, I disagree, it's required, absolutely, for Crypto to become a normalised asset class). Hopefully that drives those types out in the long term, but it certainly makes it a far higher risk part of a diversified portfolio than traditional equities/bonds/commodities and why at this stage I still wouldn't recommend people to "all in". I'm currently at about 20% overall, but that was starting from 5% allocation and grew to 20% fairly quickly. I think 5% is about right to start personally.

Yes, that was ill advised. [emoji846] I generally think he gets a pretty bad reputation because he's not good in soundbites. Some of the stuff he says in one liners that gets picked up is batshit crazy (like your example) so you definitely need to listen with a questioning ear, but when he does longer stuff like this, where it's not just 2 minutes and he gets a chance to fully discuss his perspective, I find him a decent enough listen. Some things I agree with (like his inflation segment at the start, that's pretty much a presentation I gave 2 months or so back on real terms inflation vs Government numbers), others not so much, but I enjoyed the chat for the most part.

Just switched it on and saw the goal. But. Celtic the fucking musical? Dafuq? [emoji1787]

Found this quite an interesting conversation, overall. It's nearly 2 hours long, but I found a lot of interesting perspectives in it.

With the mods having deleted the post you were taking the piss out of, this looks really weird without that context. [emoji1787]

Looked like a player who knew a lot of people would be watching. Outstanding performance for sure and Rangers fans will hope the first of many going forward. Question one might ask is where has it been before now this season.

1. No way he's getting the own goal. [emoji1787]

Very good result. Definitely good for Scottish Football and the coefficient. Kent, Lundstrum, Jack, Bassey, Arfield and Morelos all excellent. Aribo fell away after about 60 and probably should have come off before he did. Overall, brilliant result and probably not even at comfortable as it could have been. No one saw that coming.

Yep, that's what I mean. Tried to dribble out and gets caught on it.

Another Tavernier mistake, another goal. Great hit all the same. Both defences pretty shite at all the goals.

Dortmund are completely honking by the way. But. Fair play Kent. He makes that

Wow. Some game this

What just happened. That's unreal.

Haha. That's less of a handball than Raith at 1-0. And no red for 2 yellows. Scottish referees really are utterly fucking terrible. [emoji1787][emoji1787]

That's a terrible pass from Hatate. [emoji102] Rare moment of quality in the pass and the cross in a game devoid of much.

Wow. How blatant does it need to be to get a pen at Celtic Park? [emoji102][emoji102]

You would assume it's because it's already decided he'll be nowhere near the pitch on Thursday, while the 5 he took off are in some sort of contention to play some part..

If you were being super critical you could suggest Porteous could be a few yards closer to ball side, but that really would be nit picking and likely wouldn't have resulted in him stopping the goal anyway. Rocky clearly at fault for that one for me, he's gone too high with Morelos (nearly beyond his midfield) then not reacted when Morelos spins in behind. Blaming Porteous for that goal, as much as I'm not a fan of his in any game I've seen him, is hugely unfair IMO.

Rangers area really dull watch. Hind the best of the last half hour or so, few poor decisions in the final third in good positions. Mueller looks decent.

Throbber of the highest order.

It does in the new offside rules.

Haha, love that big Tom and the Ibrox crowd were so excited to put the scores up when Aberdeen equalised but not 30 seconds later when Celtic went 3-2 up again. All that excitement for nothing. Top trolling by Celtic. [emoji1787]