Jump to content

peter77

Community Member
  • Content Count

    15
  • Joined

  • Last visited

Community Reputation

0 Neutral

About peter77

  • Rank
    Occasional Contributor
  1. Hello TrendFollower It looks that even after the price of Bitcoin has nearly halved ,you are still quite positive about the future of Bitcoin. By now you must have seen that many countries in the world are banning the trade of Bitcoins in their countries. Not only that it looks that in future most of the countries would even make it illegal to trade in Crypto-currencies. Bitcoin is not a viable and proper investment. Though the supply of Bitcoin is limited as only few people own them but there is no dearth of other hundreds of potential substitutes. owning Bitcoin is a gamble rather than an Investment. It is also possible if people are buying Bitcoins with borrowed money ,it will bring enormous problems and it can effect the whole financial system and bring down the stock markets in the world. Still I think that it is just a Crypto Mania and might bring down the entire financial system in the world. peter77
  2. Rimmy2000 Thanks for your reply. I like your suggestions. Peter77
  3. So far I have not heard any one for Stocks more likely to rise in value and make profit in 2018. My own view is that Footsie won't go far this year. If not crash but stay 5% to 10% in the range ,what it is at the moment. My own recommendation for this year for stocks is 1. Legal & General 2. Sophos 3 GSK Number 1 & 3 is also more for the Dividends And No 3 is more for the future danger of Cyber attacks I would like to hear from others their views . Peter77
  4. Is there any way to start a new topic on Shares. Rather than use the topics which are already there. If yes ,How to do that Peter77
  5. Any one has any recommendation for Footsie 100 for 2018 . I will suggest mine later Peter77
  6. We agree to disagree and wait and see what brings the future. Thanks Regards Peter77
  7. You are quite right that there are only few people who owns Bitcoin. Most of these few people are mainly speculators. This Techno Currency is not backed by any Authority and is also not backed by any tangible assets. Yes if there is any financial crisis ,investors will go for Gold rather than Bitcoin. Again there are many reasons for financial crises . The situation in North Korea, Middle-east,South China sea ,these are are flash points and situation can deteriorate any time in future which will create financial crises. Rather than go for Bitcoin ,people will always go for Gold. peter77
  8. Go on dreaming . Let us see whether it would be 100000 or divide by 1000. Regards Peter77
  9. We wait and see whether little knowledge or big hype up is right.Only the time will tell. First of all there is going to be a financial crises next year. Regards Peter77
  10. Yes if you go to www.hl.co.uk you can get all the information about every share about Divi and ex and payment etc Peter77
  11. Bitcoin is a bubble like TTM ,which busted on turn of the century. Similarly Bitcoin would burst in 2018. Peter77
×
×