Well in London, I know people mainly in the minimum wage workers and some immigrants from across Europe even end up sharing rooms in a house. So in effect people do buy into fractions of a house..
That room is being rented, not bought, so the tenant has no property rights at all and cannot profit from an appreciating asset, unlike with bitcoin. Bitcoin is a far superior investment to renting.
You also failed to factor in that people on minimum wage cannot afford to rent in London; if they do then they're eating ramen noodles 3 times per day and walking to 3 jobs they have.
Price rises are related to government policy which subsidies housing and gives tax benefits.
Really? Or is the London housing bubble more related to rich/foreign buyers purchasing high end properties in gentrified neighborhoods, either to let out to tenants (see above), or to leave empty and keep as a store of value?
very quick short list for a small "game list" or how i have to call it..... only when breaking 12288 dollar price..... almost same rules as the list before just a winning date AND
You were like totally right about those fakeouts, I thought the same mid-way through yesterday.
Totally based off of nothing at all, I reckon this might be the top of the dead cat bounce and we're on our way to capitulation town. If so then I'll see you by the next halvening for sure.
I think that there will be 12-24 months of slow bleed, that will have these little sharp upward spikes that the sheep will repeatedly call "reversals". This is how you get the sheep excited enough to stay in the market while you do the shearing. History will repeat itself.
Yes this - for people to somehow think a three year bull market is totally fine, but a 12-24 month bear market unthinkable tells me a lot about how people make money from these trends.
Simple question for everyone here: do you think the bitcoin price will be above or below $20,000 by the next halving in mid-2020?? Should do a poll!
On a serious note, something bizarro with Stamp : I am logged in, can make orders et all, but when I go to my account page it says that my password is too old and that I must create a new one. The password is the one I created when I opened my account with them, I think a month ago.
This is standard - Bitstamp encourages users to update their password every so often for security reasons.