GrahamS2

It's the biggest problem with crypto (and any market driven by sentiment, I guess). One news article or rumour, whether true or false, send the markets flying or crashing. I think we'll see lots of changes int he coming weeks. For one, SARB is working hard to have local platform transactions reported to them.

Reuters disagrees with you https://www.reuters.com/article/uk-southkorea-bitcoin/south-korea-plans-to-ban-cryptocurrency-trading-rattles-market-idUSKBN1F002A Sure it may take some time, but the intent is what's rattled the market.

BTC has taken a beating this week - Buffet shooting it down in the media, trading soon to be banned in South Korea, and a few others. I don't see it coming back up too soon. XRP have major legal issues, so depending on the outcome of that it will recover, or not. I've got cash in some of the smaller altcoins, and some have done remarkably well in the past 2 weeks. The trick is to know when to sell back into cash.

You smashing the MMA in Fourways yet, bru?

This just sounds like an inferiority complex of note. I ride purely for the fun of it and do zero races. How is the value of my bike and what I CHOOSE to do with it at all relevant? If I buy a R200k bike to hang on my lounge wall, well, that's my business, not yours.

It's a term used by those who cannot afford a S-Works, to describe those who can. Generally, when they know f'all about how they managed to buy such a machine.

On that section, Benjoh is also worth a trip. Some really good fish in the small channels upstream on the left. Just be weary of the land owner directly upstream, he's a feisty one.

I spent many a day there when I Iived in Joburg. They've got some lovely sections and moderately easy wading, which helps.

ANC with accrual seems pretty straight forward. Total estate value for both of you, less what she started with, less what you started with, less any exclusions. Then split the remainder down the middle. Is that about right?

Just a mention of crossfit anf the trifecta will be completed and this thread may well EXPLODE

LOL. Touche!

Yeah, wait a few months to see what other reporting fraud they uncover which will further devalue the stock.

Yeah, and Facebook does create (fake) content to drive ad revenue (although they'd prefer if that wasn't discussed again )

Mavungana in Dullstroom do lessons on their beginners pond and then also have some lovely day waters available. Very decent bunch of guys, ask for Colin.

Also using Jaxx as a wallet. Very nice app!

I've had great success with chilli's from seed. Dump the seeds in cup of water overnight. Discard any that are still floating the next day. Plant them very shallow in potting soil. Cover the pot with clingwrap and keep it well hydrated and in a sunny spot. When the plants are 10cm tall, move to the garden and away you go!

Me too. Seems to counter the gains in BTC. Long term, I think ETH is the one to hold on to. From a technology pov it's the best of the lot and the most scalable.

All currency, FIAT or crypto, is valued on sentiment. The big difference with crypto, and BTC specifically, is that buying and selling is a peer to peer transaction. It's the equivalent of valuing the US$ rate based on a dodgy cash transaction at the Zim border post. You can bid on crypto at any value you wish, and you can sell crypto at any value you wish. This creates a demand spiral, which we're seeing the start of now. My major concern with crypto trading is that none of the online trading services are registered FSP's. They don't have any IGF facility to guarantee your funds,a nd they are totally unregulated (and handling massive volumes of funds!). It's all a recipe for a very sad story.

I was taught the same thing about living within your means, and it's paid dividends managing my finances that way. Financing 'fun' items is not about if you can afford it or not. It's about the knock on effect the new debt will have on servicing your other debts. Because let's be honest, if you're financing a bicycle you more than likely have a lack of cashflow and a few other debts...

Against my main investment strategy, I put cash into ETH, LTC, and BTC this morning as a bit of a punt. Bit of fun to add to following the usual equities.

If tracking says it's out of customs and at DURMAIL hub, take a drive there. Start at the international post office building to get the tracking printed and they'll tell you what door to go to, then go to the actual warehouse and find someone that looks like they know what they're doing and insist they help you locate your parcel. When you get there you'll soon understand why our mail service is so pathetic...

There is no fixed trading price with BTC. You literally put your coins for sale at whatever rate you desire. The rate we see int he media is normally based on the current rate from one of the larger wallets, such as XE or Coin Exchange. Here's site that illustrates this well. Very different H/L prices simply dependent on what buyers were willing to pay https://www.cryptocompare.com/coins/btc/markets/USD

I posted earlier in this thread that I left getting into BTC too late for my risk appetite. Lots of my mates got in early and have made substantial gains. I also have concerns about the security of crypto wallets. The demand is driven by 2 main things: 1) FOMO, hype and everyone wanting to get in on the action - remember, the price is set by each seller, not the market. Prices vary massively between different online wallets. 2) The demand for a payment mechanism that bypasses traditional state controls. This is what is driving the value the most IMO, especially now that Wall Street have run test cases successfully.

Demand is not an intangible, and that is precisely what drives prices of BTC. There is also a limited production run (21 million) after which the price should increase further.

Look at that picture. Look at it! Now go wash your mouth out with soap.