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Even if cryptocurrency is a ponzi scheme we are in the very early stages
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Date: June 5th, 2017 11:27 PM Author: Chrome tantric heaven Hundreds of millions of gambling morons haven't discovered them yet. (http://www.autoadmit.com/thread.php?thread_id=3637946&forum_id=2Elisa#33483369) |
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Date: June 5th, 2017 11:28 PM Author: Milky chapel jew sooooooooo cr (http://www.autoadmit.com/thread.php?thread_id=3637946&forum_id=2Elisa#33483383) |
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Date: June 5th, 2017 11:29 PM Author: ungodly razzmatazz gay wizard (http://www.autoadmit.com/thread.php?thread_id=3637946&forum_id=2Elisa#33483387) |
Date: June 5th, 2017 11:29 PM Author: Internet-worthy zippy hell partner (http://www.autoadmit.com/thread.php?thread_id=3637946&forum_id=2Elisa#33483391) |
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Date: June 5th, 2017 11:30 PM Author: Jet-lagged base party of the first part cr...when the boomers start really getting into it thats when you know it's time to reassess (http://www.autoadmit.com/thread.php?thread_id=3637946&forum_id=2Elisa#33483405) |
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Date: June 5th, 2017 11:32 PM Author: maroon mad-dog skullcap Will be a 180 opportunity to fuck them over a little bit. (http://www.autoadmit.com/thread.php?thread_id=3637946&forum_id=2Elisa#33483431) |
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Date: June 5th, 2017 11:34 PM Author: ungodly razzmatazz gay wizard 180
at some point they're going to feel mad jelly that the crypto market is outperforming their stocks and bonds and try to jump in. im already seeing olds talking about buying GBTC, a scam bitcoin ETF. |
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Date: June 5th, 2017 11:38 PM Author: sticky macaca after further consideration it's more like a mental infection
this forum is actually a fairly good illustration of that given the exponential spread of crypto-related mental illness
i've also propagated this illness offline and several of my colleagues have started setting up gemini accounts and i expect work to grind to a standstill as everyone spends their time trading cryptos
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Date: June 5th, 2017 11:41 PM Author: Internet-worthy zippy hell partner Ethereum is actually a legit amazing technology. Bitcoin is ok.
All the other shitcoins suck essentially. But crypto ain't no Ponzi scheme. |
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Date: June 5th, 2017 11:58 PM Author: sticky macaca both are pretty damn amazing, but i would give the edge to btc (not for its actual long-term value but for the fact that it basically took an idea that would have been too strange for sci-fi and implemented it successfully)
i don't think these are ponzi schemes either -- bitcoin is secured by the huge computing resources devoted to it and eth is "secured" by the growing dev and computing resources devoted to it
but the current valuations are extremely speculative |
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Date: June 6th, 2017 12:00 AM Author: Internet-worthy zippy hell partner True. I made my investment planning on holding up to a decade
It's tough not to cash in |
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Date: June 6th, 2017 12:11 AM Author: sticky macaca nothing wrong with taking some gains and holding them in cash until crypto corrects (http://www.autoadmit.com/thread.php?thread_id=3637946&forum_id=2Elisa#33483763) |
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Date: June 6th, 2017 12:03 AM Author: chocolate low-t halford Eth is 70s technology it is garbage (http://www.autoadmit.com/thread.php?thread_id=3637946&forum_id=2Elisa#33483717) |
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Date: June 6th, 2017 12:05 AM Author: Milky chapel jew 180 (http://www.autoadmit.com/thread.php?thread_id=3637946&forum_id=2Elisa#33483730) |
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Date: June 6th, 2017 12:07 AM Author: black multi-colored ape People were acting like this in 2006 with houses. (http://www.autoadmit.com/thread.php?thread_id=3637946&forum_id=2Elisa#33483741) |
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Date: June 6th, 2017 12:07 AM Author: Milky chapel jew and i missed out on it. fuck me. (http://www.autoadmit.com/thread.php?thread_id=3637946&forum_id=2Elisa#33483745) |
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Date: June 6th, 2017 12:10 AM Author: black multi-colored ape You want to miss out.
It's way harder to time the market (two trades) than to buy the dip (one trade).
Just wait for the bursting of the bubble if you really have a hard on for crypto. |
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Date: November 29th, 2019 5:10 PM Author: startled boistinker (http://www.autoadmit.com/thread.php?thread_id=3637946&forum_id=2Elisa#39190947) |
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Date: May 20th, 2025 11:05 PM Author: Chrome tantric heaven (http://www.autoadmit.com/thread.php?thread_id=3637946&forum_id=2Elisa#48949772) |