So who has lost?

[conny]

How many of you have lost, financially, in the collapse of this bitcoin place FTX?
Is it an amount you can 'afford' to lose or has it been substantial?

 

[Mottie]

Never heard of it. Haven’t even heard of the collapse. I doubt if any of the super-investors on here would admit to it if they had lost - it’s only ever gain, gain, gain for them.

 

[Harry Bloomfield]

Never heard of it. Haven’t even heard of the collapse.

It hit the news yesterday. I was never able to fathom it, never got involved.

 

[Ihavenojob]

Never invest in something that isn't real. I'm just glad I invested in shares in a unicorn farm in Nigeria, Prince Eke sold them to me.

 

[Justin Passing]

I didn't notice either. I haven't had any bitcoin for a while now. I did ok with it along with everyone else but never had a fortune in them.
No things don't always go up! I'm down about 5% since the start of the year on what stocks I have left. Tracking the Dow, pretty much.
Happy to have sold a couple of houses in July. Lucky too, one only had one sniff. They were keen on the location - it's got scaffolding all over it now.
I'm expecting tax to go up on rental income because that's what I'd do. I'm surprised the Labour lot aren't banging on about it. Long may it continue that they don't, on the other, grasping hand.

 

[Dork Lard]

I have a small amount with Coinbase . . . . . You never know !

 

[Mottie]

I have a small amount with Coinbase . . . . . You never know !

Just a couple of mil eh?

 

[andy11]

bigcon.

 

[Bod ...]

I've got a few different coins.. not fine well.
Also Drip and Cash FX.

I sort of forget about them really. Drip needs a bit of attention. But I accept that I've gambled and more than likely lost
... ... don't regret

 

[Ihavenojob]

The only coins I invest in are gold and silver.

 

[conny]

Myself, I've never had any interest that doesn't have a tangible reality so never understood how buying something that doesn't physically exist can, supposedly, make so much money.

 

[JohnD]

Never heard of it. Haven’t even heard of the collapse. I doubt if any of the super-investors on here would admit to it if they had lost - it’s only ever gain, gain, gain for them.

Some of the investors on here previously made their feelings on digital currency plain.

For example

What is Bitcoin for?

the FT says what digital figments of the imagination are not for "It isn’t a store of value — bitcoin is 70 per cent off its highs and down 25 per cent in the last five days alone. It isn’t an inflation hedge — it would be up 10 per cent this year if it were. It isn’t uncorrelated to...

www.diynot.com

 

[JohnD]

In unrelated news

Bitcoin Price | BTC USD | Chart | Bitcoin US-Dollar | Markets Insider

Bitcoin Price (BTC USD): Get all information on the Bitcoin to US-Dollar Exchange Rate including Charts, News and Realtime Price.

markets.businessinsider.com

 

[big-all]

if it hasn't got an actual fixed value accepted by the present regulated system where the "i promise to pay "backing is not available then the only added value is money pumped in by investors and when that dries up the asset has no value unless somone one will gtee the value by offering to trade at a set amount but as the two ronnies said the in the "matabeli" gumbo bean sketch its down against the dollar