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Thanks (and @Well_is_it & @Muppetteer). Basically the confirmation bias I was hoping for.
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We left London and settled in Kendal about two years ago. Long-standing Lib Dem area that's super friendly. Punches well above its weight for arts / beers / coffee, although glaringly lacking in cultural diversity... We got a detached two-bed with a nice garden and a detached garage for about 60k under your budget, so imagine you'd find something.
It's 30 minutes to the depths of Langdale in the Lake District for (I think) some of the most beautiful countryside this poisoned isle has to offer. Bike riding obvz goes without saying, and buses are surprisingly decent – but you might miss a car if you didn't have one. Very easy to get elsewhere, too (direct train from Oxenholme to LDN in about 2 hours 45 minutes, or 10 minute drive to the M6).
*edited overly optimistic train time
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what a fucking shitshow of a heartless government, in an ill conceived attempt at points scoring with a minority of right wing biggots.
fucking fuck the fucking tories.Amen to that. What blows my mind is how much hatred is being whipped up for what's actually a fairly insignificant number of arrivals. Only 116,000 people have crossed the channel since 2018... barely more than the capacity of Wembley in 6 years. 5x that number emigrated from the UK last year alone. Imagine if we concentrated these wasted Rwanda funds on welcoming these desperate individuals and helping them get set up to contribute to our society?
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Exactly. It's already the biggest publicly traded business intelligence company – independent of its holdings. And that's why some people are so worried. They're gaming the system, and if others realise, it could kick off a major cascade of corporate treasuries adopting the same strategy (and indirectly shorting the dollar).
EDIT: This is a bit tinfoil-hatty, but Saylor's been hanging out with Bezos... another company making more profit than they can preserve through traditional methods.
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But this is where it gets weirder / even more interesting. Saylor has said publicly many times that the goal is only ever to accumulate more. Plus their cost basis is down at about $30k per coin, and their margin call is even lower at about $3k per coin.
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^ This. The guy is a genius, and was a former bitcoin sceptic, so you know he's done the numbers. Interestingly, this article was part of the board of directors' education materials, and definitely helped change my opinion.
Lots of folk think what Microstrategy are doing could have some pretty dire consequences, too (or fortune-making, whichever side you're on). These guys reckon a short squeeze scenario similar to GME could play out, given the share price is so closely correlated to a (potentially) runaway asset:
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There's a fascinating corporate treasury experiment playing out in the US [LINK]. Michael Saylor (Microstrategy) has been acquiring bitcoin for the company's balance sheet at a ridiculous pace. He / they bought all the way through the bear market to the tune of about $5billion, which is now worth around $14billion. It's a strategy that's taken them from a top 2000 company to being on the cusp of entering the S&P 500. Once in, there's a shit ton of unmanaged investment about to flow their way... increasing the stock price, which increases their bitcoin purchase rate, which increases the bitcoin price... and so on and so on.
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I sold most of my eth at $11 as it rarely seemed to be going above $10, and a profits a profit. Hilariously I bought it as I thought I may have been able to reap some of those sick early btc gains but as it wasn't going anywhere....
Read so many similar posts / tweets / reddit threads when I first got interested in bitcoin in 2020. Gave me a thick skin for all the volatility and convinced me to just sit on it for at least 5-10 years.
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Hiked the snowboards up Skiddaw yesterday. Rewarded with some astonishing snow drifts off the north side. Bootpacked three big runs then gave in to save the legs for the descent back to the van. Such a surreal day!
https://www.instagram.com/stories/georgert/3315907157267922017?igsh=Ym5qdzBqcXk1dTYx
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The orange coin has now reached all-time highs in some major currencies (including the yen), and the US ETF trade volume passed 2.4 billy $ yesterday... Feels like stuff's about to get a little bit daft again.
Am I being stupid to miss the point in requesting this? Like, genuinely – wtf?! Why go to so much expense and effort from a CS perspective? It's a PR nightmare waiting to happen (please tweet it).