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Funky The £ has lost ⅓ of its value since 2020 mainly due to the printer but it never gets reported. The only reports you get are blaming other geo-political factors such as Ukraine or CPI.

The bottom line is that every single paper currency since the Ancient Greeks has failed, but remember, this time its different, (said every government who has ever introduced one throughout history).

    Funky is a civil servant? I had him down as someone who uses his hands

      Hursty why is it no doubt? If it was why isn’t everyone investing? Including financial institutions not just joe bloggs on the Street?

        Doesn’t Funky help build roads?

        Fairly sure he does something along those lines.

        Not being disrespectful, just what I remember.

          Hursty so basically back to bitcoins only value being people buy and sell it U.K. make money, no other value.

          If so the stupidity of some investors can continue to raise its value but I doubt to the massive levels you suggested next year.

              Smallman1 yeah but still classed as a civil servant here, can be hands on or in the office at times.

                RichM well unfortunately the markets decide what has value, not individuals, so after many years of trading the market says Bitcoin has value traded against any other currency in existence.

                The current market cap of Bitcoin is greater than Tesla, Meta and Berkshire Hathaway….lets see where it is in 2025

                https://companiesmarketcap.com/assets-by-market-cap/

                    Hursty A ponzi like nvidia at 1.13 Trillion anything is possible. Reason I say that is the revenue just doesn’t add up for that market cap and China sales will stop in 2025 cutting 25% of revenue.

                      Millsy Funky is a civil servant? I had him down as someone who uses his hands

                      The two aren’t mutually exclusive, especially in Whitehall

                        Hursty big reveal here, but not all investment houses are based on what the markets are doing. Yet they are not all plowing billions into Bitcoin expecting a 3 fold return by end of next year

                            RichM s&p 500 is close to 40T. Big institutions only play crypto with pocket money atm. They can play with a heck of a lot more if they see the opportunity long or short, remember 100k is a 54% run from these levels it’s not out of the question at all esp with all the money that has been printed by these crooks just siding on the sidelines.

                                Funky you stated what I said, investment institutions could invest more, but they aren’t. Yet Hursty has guaranteed Bitcoin triples by end of 2025. I would assume the big guys would want a bigger piece of that pie. Or is Hursty just spouting usual crypto shite thinking it will go to the moon etc

                                Maybe I’m just bored of keyboard warriors thinking they are investment specialists in this space

                                    RichM they are already invested Rich, who do you think is pumping Bitcoin these last few months, all those skint retail customers?

                                    I think from here, circa $44k then north of 6 figures is a very reasonable target given the history of price action. Is that moon boy territory? $500k is moon boy territory

                                      RichM I was buying crypto like fuck this time last year when btc was at 17k and eth was at 800 everyone thought I was nuts and that crypto was fkd but buying the fear sometimes is what you have to do maybe it was luck. Personally I wouldn’t get into Bitcoin or Solana now they have ran to much and a dip will be needed if they are to step up again. If I’m not early now I’m very hesitant but that’s not to say it won’t go to 100k by end of next year i just don’t have balls to jump in again now.

                                      Sold my solana & btc a few weeks ago, got rid of most of my dot just holding some eth and shib now but I’m stepping well away now unless a very good opportunity comes up again.

                                      Just remember what crypto had to fight this year also and it still came out on top.

                                          Funky why did you sell your BTC, what influenced that decision?

                                              Funky sounds like you have done well and sensible approach, fair plays to you.

                                              I would love Bitcoin to reach 100k as I would finally make some cash on it 😂 I’m just not convinced it will go that night by 2025. Like you said, it will plummet again at some point, so that 100k mark becomes more unrealistic (in my view)

                                              However it’s been a nuts investment for ages so who the fuck knows.