Debate House Prices


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Bit Coin

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  • The hate towards Bitcoin is similar to that you see in property market, agree. I like property and Bitcoin myself.
  • My prediction: I suspect you won't lose it all but will probably lose around 50% if you're planning on holding long term. So a £5k loss which may make you miffed but not something you are likely to lose any sleep over.

    Judging by dates OP could cash out around half, cover their initial investment and let the other half ride.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    triathlon wrote: »
    I really cannot understand the anger, bitterness or aggression so many show to people who invest in Bitcoin. It reminds me daily of the anger I see towards those of us that made a killing with property investment.

    I do notice that many of the HPC mob are using Bitcoin as a last hope, can you imagine the stick we will get if UK property prices drop and Bitcoin soars at the same time:)

    I will never show my face on here ever again

    I don't care if someone makes a fortune from Bitcoin, it really isn't any of my business. I only care about how much I've got, and I don't really care how much anyone else has, good luck to them if it pays off. But I won't be speculating with Bitcoin, that's a certainty.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
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