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How do people have the free time to book haircuts and the like? I was thinking about where a half-day to the barber, then wait at the barbers, then be interrupted by the barber running off to answer the phone every few seconds because the fuckwits don't have online booking, and then come back from the barbers, would come from and its hard see the available timeslot. So just shaved the head again like a pro. Maybe that's the real lesson of corona - shave away, ditch the barber, and save the equivalent of a weeks holidays a year in free time."We're not f*cking Burundi" - Big Phil
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Originally posted by Hitchhiker's Guide To... View PostHow do people have the free time to book haircuts and the like? I was thinking about where a half-day to the barber, then wait at the barbers, then be interrupted by the barber running off to answer the phone every few seconds because the fuckwits don't have online booking, and then come back from the barbers, would come from and its hard see the available timeslot. So just shaved the head again like a pro. Maybe that's the real lesson of corona - shave away, ditch the barber, and save the equivalent of a weeks holidays a year in free time.
Used to get the barber to do it but it got to the stage where I was going practically every week (putting his kids through college) Hed be done in a few minutes even with trying to drag it out. Knew my time was up when he offered to trim the eyebrows.
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Originally posted by Hitchhiker's Guide To... View PostHow do people have the free time to book haircuts and the like? I was thinking about where a half-day to the barber, then wait at the barbers, then be interrupted by the barber running off to answer the phone every few seconds because the fuckwits don't have online booking, and then come back from the barbers, would come from and its hard see the available timeslot. So just shaved the head again like a pro. Maybe that's the real lesson of corona - shave away, ditch the barber, and save the equivalent of a weeks holidays a year in free time.
Young lad/girl who's serving their time sweeping hair and cleaning up, answers phones and tells the few that walk in they have to make an appointment or makes it for them on a tablet they have. Would hate if it went back to the old way.Jayzus, Sheila! I forgot me feckin' trousers
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I was a little annoyed with myself when my 0.5 ETH was worth about $300 and I realized I had lost the key to my online wallet. I'm a bit more pissed off now that it's hit $2,000. Ugh. For the life of me I can't remember where the soft key could be stored (if not deleted, which is what I fear after checking all likely places). I also have a different ETH wallet on my phone, which needs a 20 word key phrase, but don't remember actually setting this up and definitely don't know where the key phrase could be stored.
There must be untold millions/billions in inaccessible crypto value out there, as a result of lost keys and lost hardware wallets, etc... The whole thing also seems to a crazy bubble of massive proportions, but when has that mattered?
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I'm becoming quite attached to my covid-long hair, mainly because it's the longer brown stuff on top is covering up the grayer stuff on the sides.
Have got a cut scheduled for next week but think it'll just be a tidy-up job rather than a full-on shearing.
Which leads me to my Joke of The Day.
(You need to say the lines in an Australian accent)
Guy is walking down a road in the Australian Outback. Hot and dusty. Meets a farmer at a crossroads who is carrying two sheep, one over each shoulder.
"G'day mate"
"G'Day"
"Nice sheep"
"Thanks mate"
"Are ya shearin'?"
"Naw mate, I'm gonna fuck 'em both meself""We are not Europeans. Those people on the continent are freaks."
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Originally posted by ionapaul View PostThe whole thing also seems to a crazy bubble of massive proportions, but when has that mattered?
It has all the signs of a classic speculative mania. But as we know these things can go on for years longer than any rational analysis says they should....
"We are not Europeans. Those people on the continent are freaks."
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Originally posted by Hitchhiker's Guide To... View Post
My very exciting today news is that a coin I bought over the last two weeks decided to pretty much DOUBLE today. https://coinmarketcap.com/currencies/seedify-fund/ I fail to see how that's not investing. Where's my investing oscar."We're not f*cking Burundi" - Big Phil
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Originally posted by Raoul Duke III View Post
I've never dabbled in it in any way as I've always seen cryptocurrency as essentially meaningless as both a store of wealth and a trade mechanism - unless it has been approved by regulators, which it hasn't. The Fed or the ECB could literally shut it down any minute.
It has all the signs of a classic speculative mania. But as we know these things can go on for years longer than any rational analysis says they should....
Its the secret behind all good manias, that they all have a fundamentally good idea at their core. Thats what makes them so attractive. E.g. the original South Sea Bubble was a bubble over the invention of stocks themselves, 1929 was Goldman Sachs had invented the leveraged mutual fund, 1987 was program trading, 2008 was mortgage backed securities, 2021 or 2022 or whatever will be crypto. The thing about bubbles though is there is so much profit potential inside a bubble until the very last moment. You always want to be inside the bubble looking out for warning signs rather than outside staring in."We're not f*cking Burundi" - Big Phil
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Originally posted by Hitchhiker's Guide To... View Post
I think it is both crazy mania and a fundamentally great idea.
Its the secret behind all good manias, that they all have a fundamentally good idea at their core. Thats what makes them so attractive. E.g. the original South Sea Bubble was a bubble over the invention of stocks themselves, 1929 was Goldman Sachs had invented the leveraged mutual fund, 1987 was program trading, 2008 was mortgage backed securities, 2021 or 2022 or whatever will be crypto. The thing about bubbles though is there is so much profit potential inside a bubble until the very last moment. You always want to be inside the bubble looking out for warning signs rather than outside staring in.
And...tulips, swamp land in Florida, Japanese real estate\stock...I wouldn't say that "they all have a fundamentally good idea at their core".
and there can sometimes be a fine or non-existent line between 'bubble and 'scam'"We are not Europeans. Those people on the continent are freaks."
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Originally posted by Raoul Duke III View Post
you also don't want to be the last passenger aboard!
And...tulips, swamp land in Florida, Japanese real estate\stock...I wouldn't say that "they all have a fundamentally good idea at their core".
and there can sometimes be a fine or non-existent line between 'bubble and 'scam'
Swamp land in Florida, if that was a thing, is presumably a play on a lot of people moving to Florida and a play on those underlying economics.
Tulipomania probably didn't exist. Don't know if you can access that article, but its a very convincing dissection of the tulipomania.
I'm not for a second suggesting markets aren't stupid. Just that bubbles, or at least the most destructive bubbles, tend to normally have a good idea at their core - and that's what gets on board the people who normally stand by the side and makes them so catastrophic.
Forgot the dotcom bubble in the last post."We're not f*cking Burundi" - Big Phil
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Originally posted by Hitchhiker's Guide To... View Post
Japanese real estate had the fundamentally good idea that Japan was growing seemingly without stop since WW2. They got carried away, clearly, but there was a fundamentally good idea there.
So there might be a good idea underneath the hood somewhere but it gets blown to the moon by the euphoria of the bubble mindset.
Originally posted by Hitchhiker's Guide To... View PostSwamp land in Florida, if that was a thing, is presumably a play on a lot of people moving to Florida and a play on those underlying economics.
"We are not Europeans. Those people on the continent are freaks."
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Originally posted by Raoul Duke III View Post
Sounds a bit like the Irish mindset in 2006 where people convinced themselves it could never end.
So there might be a good idea underneath the hood somewhere but it gets blown to the moon by the euphoria of the bubble mindset.
BUY! BUY! BUY! TRUMP! TRUMP! TRUMP!"We're not f*cking Burundi" - Big Phil
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Originally posted by Raoul Duke III View Post
The Fed or the ECB could literally shut it down any minute.On 27 April 2021, the EIB launched a digital bond issuance on a blockchain platform, deploying this distributed ledger technology for the registration and settlement of digital bonds, in collaboration with Goldman Sachs, Santander and Societe Generale.
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Originally posted by Hectorjelly View Post"We are not Europeans. Those people on the continent are freaks."
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Originally posted by Hectorjelly View PostThe real story behind tulip mania is actually far more interesting than the common myth. There's a great section on it in this:
https://www.amazon.co.uk/gp/product/...?ie=UTF8&psc=1
51-iPWJ4Z9L._SY200_.jpg"We are not Europeans. Those people on the continent are freaks."
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Originally posted by ArmaniJeans View PostVague memory of a poster (gilesby on motley fool I think, but that forum is now wiped) saying that on average you can expect five huge completely mad bubble markets in your lifetime, and should be disappointed not to take at least one of those opportunities."We're not f*cking Burundi" - Big Phil
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Originally posted by Hitchhiker's Guide To... View Post
Someone in the US did a study of hedge funds and the dotcom bubble and found that the hedge funds were invested until literally the month before it all collapsed. So they got the whole upward swing and ditched the collapse. Now thats easier said than done, but they made far more money being part of the bubble compared to swerving it."We are not Europeans. Those people on the continent are freaks."
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Originally posted by Hitchhiker's Guide To... View PostWe're going to need to restructure the HHE to eliminate deadwood if some people miss out on the free dosh lying on the table because they once read a stockmarket history book.
edit: come to think of it I think I have just described penny stocksLast edited by hotspur; 10-05-21, 14:34.
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Originally posted by Hitchhiker's Guide To... View PostHJ in, Raoul out obv.
Ole is just one drunken bet away from elite status.
Laz makes a surprise entry after the runaway success of his automated blinds NFT gifs.
shocking omission of Tara L Darion from your list too imo
"We are not Europeans. Those people on the continent are freaks."
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Originally posted by hotspur View Post
I was just thinking this morning that people with a decent bit of wealth to manage probably wouldn't have an interest in the risks of this stuff, but due to the reality of the magnitude of upside swings with some of it then it suits people with less to lose. Which is to say I imagine it attracts more people who won't generate much wealth based on their current holdings so spinning it up is the only way for them and worth the downside risk.
edit: come to think of it I think I have just described penny stocks"We are not Europeans. Those people on the continent are freaks."
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Due to my continued effervescent youth and virility I never thought I would be using one of Pfizer products when I hit my 50s but this is where we are . Tomorrow afternoon I'm inducted into the 5g fried brain army. 1st dose. I made it Maw. I do hope this injection doesnt turn me into Benny Hill. I'm bad enough as it is.
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The missus went missing for 3 hours to get the hair done. I enjoyed the peace so much I forgot to compliment her when she arrived home. Now trying to figure out a compliment that has some kind of depth to it. Might be all immaterial though after my Pfizer shot. I'm thinking I might go Austin Powers as opposed to Benny Hill.
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Originally posted by hotspur View Post
I was just thinking this morning that people with a decent bit of wealth to manage probably wouldn't have an interest in the risks of this stuff, but due to the reality of the magnitude of upside swings with some of it then it suits people with less to lose. Which is to say I imagine it attracts more people who won't generate much wealth based on their current holdings so spinning it up is the only way for them and worth the downside risk.
edit: come to think of it I think I have just described penny stocks
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Bought my new fancy digital weighing scales (why call them bathroom scales!! I put them in the bedroom in protest)
A confident step up followed by a kind of dismissive laugh of the "well that couldn't possibly be right" variety.
5 mins later..
Jacket, keys, wallet, belt, shoes, clothes fitbit watch in a panicked pile beside those thrice bedamned lying scales
214.4 lbs
Had to have a lie down with the shock!
* drank 2 glasses of water in rapid succession...hoping to lose 4 pounds shortly
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Originally posted by dinekes View PostBought my new fancy digital weighing scales (why call them bathroom scales!! I put them in the bedroom in protest)
A confident step up followed by a kind of dismissive laugh of the "well that couldn't possibly be right" variety.
5 mins later..
Jacket, keys, wallet, belt, shoes, clothes fitbit watch in a panicked pile beside those thrice bedamned lying scales
214.4 lbs
Had to have a lie down with the shock!
* drank 2 glasses of water in rapid succession...hoping to lose 4 pounds shortly
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Happiness is not a goal; it is a by-product. ~Eleanor Roosevelt
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Originally posted by Hectorjelly View Post
The standard advice to very wealthy people is to have crypto as 1 - 3% of your total investment portfolio, so there's very limited downside."We are not Europeans. Those people on the continent are freaks."
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Originally posted by Wombatman View Post
Cant imagine the amount of rubbish I've read online.
I find my attention span is quite low (depending on the content obviously) so kind of scan a lot of articles.
Still nothing like a good book fo relax the mind.
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Originally posted by Hitchhiker's Guide To... View Post
Someone in the US did a study of hedge funds and the dotcom bubble and found that the hedge funds were invested until literally the month before it all collapsed. So they got the whole upward swing and ditched the collapse. Now thats easier said than done, but they made far more money being part of the bubble compared to swerving it.
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Originally posted by hotspur View Post
I was just thinking this morning that people with a decent bit of wealth to manage probably wouldn't have an interest in the risks of this stuff, but due to the reality of the magnitude of upside swings with some of it then it suits people with less to lose. Which is to say I imagine it attracts more people who won't generate much wealth based on their current holdings so spinning it up is the only way for them and worth the downside risk.
edit: come to think of it I think I have just described penny stocks
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filedata/fetch?id=1693592&d=1620679784&type=thumbOriginally posted by Hitchhiker's Guide To... View Post
oh corn, also?
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These puns are cereal-y badPeople say I should be more humble I hope they understand, they don't listen when you mumble
Get a shiny metal Revolut card! And a free tenner!
https://revolut.com/referral/jamesb8!G10D21
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