patrick.net
An Antidote to Corporate Media
1,260,075 comments by 15,047 users - Blue, TheDonald online now
invite response« First « Previous Comments 298 - 337 of 2,177 Next » Last » Search these comments
298
WookieMan
2020 Dec 4, 12:23pm
WookieMan
2020 Dec 4, 12:23pm
G36 says
No. I know how much of Amazon Jeff Bezos and the board of directors hold in the stock. If they start selling off, they know that something isn't going good. With BTC there is no reasoning. It just moves, just because. No fundamentals.
That's why I laugh when you guys start talking like it's a stock. It's not. The same statistics, math and charting don't work for crypto like they do for stocks. Zero regulation or reporting. 200 people (whales) could be in a BTC club and move the market any way they want. At some point you'll freak out or get too greedy and not sell when you should have.
Hell, it's not even a currency. You guys bounce around from calling it a currency to comparing it to stocks, to calling it digital gold. You don't even know what it is, and that's the laughable part. Pick a lane. In the comment above you compare it to stocks and gold. That's rich. Even though it's a currency. Lol.
When you sell a pot stock or Amazon stock on the market, you are not selling to a greater fool. You are simply selling to another investor.
Same with Bitcoin.
No. I know how much of Amazon Jeff Bezos and the board of directors hold in the stock. If they start selling off, they know that something isn't going good. With BTC there is no reasoning. It just moves, just because. No fundamentals.
That's why I laugh when you guys start talking like it's a stock. It's not. The same statistics, math and charting don't work for crypto like they do for stocks. Zero regulation or reporting. 200 people (whales) could be in a BTC club and move the market any way they want. At some point you'll freak out or get too greedy and not sell when you should have.
Hell, it's not even a currency. You guys bounce around from calling it a currency to comparing it to stocks, to calling it digital gold. You don't even know what it is, and that's the laughable part. Pick a lane. In the comment above you compare it to stocks and gold. That's rich. Even though it's a currency. Lol.
299
Bitcoin
2020 Dec 4, 2:15pm
Bitcoin
2020 Dec 4, 2:15pm
DF, you got close
Bitcoin is gold. Well, its gold 2.0/digital gold.....much better than physical gold. (see traits of money chart)
Bitcoin is a currency. yep
Bitcoin is tradable like a stock. Well, much better, you can trade it 24/7.
Bitcoin is a store of value and the best thing since sliced bread (institutional fomo..what can be better than institutions driving the price up....fuck ya)
Bitcoin is gold. Well, its gold 2.0/digital gold.....much better than physical gold. (see traits of money chart)
Bitcoin is a currency. yep
Bitcoin is tradable like a stock. Well, much better, you can trade it 24/7.
Bitcoin is a store of value and the best thing since sliced bread (institutional fomo..what can be better than institutions driving the price up....fuck ya)
300
WookieMan
2020 Dec 4, 2:37pm
WookieMan
2020 Dec 4, 2:37pm
G36 says
Nope. Nuclear EMP goes off and BTC is done. No one will want it. Some people will take gold and many $$$. Most will want bullets and weapons. Hell, water will be worth more than BTC. This is 100% fact. Or the fact the price plummets and a thunderstorm knocks out your power and cell signal and you have no way to trade it. Doesn't even need to be WWIII.
G36 says
Nope. Something has to back a currency for it to have value. Money laundering, sure, I guess that's one thing backing it for now. What happens when there's a new/better way to do that? Institutions are just playing with a yoyo and having fun. You think 10-11 figure institutions care at all about losing low 7-8 figures worst case? Lol. Most of that was borrowed money from the Fed and bottom of the barrel interest rates. You're the pawn. You can't borrow $100M at 0.5% interest rates and gamble with it.
G36 says
That's actually awful. Go to bed at midnight and wake up at 6am and your money is all gone because it trades 24/7. Never thought I'd hear/see such a moronic statement. There's a reason markets have an open and close time. Hell, even during market hours trading can be halted. BTC drops 50%, you're fucked. Basically, no, it's not remotely traded like a stock and your positive of 24/7 trading is completely stupid.
G36 says
Why? You've yet to answer this. Value has to have some physical form. Be it governments, gold backed, real estate, equipment, etc. BTC doesn't have any of that. It's quite literally a spreadsheet. That is reliant on massive amounts of electricity just to make a simple transaction. No one uses it to pay for goods, which ultimately gets transitioned into the local currency and most likely the dollar anyway. It's stupid.
Trade away. I'd be selling now, but you don't understand six figure gains and the difference between six figure price. So good luck buddy. lol.
Bitcoin is gold. Well, its gold 2.0/digital gold.....much better than physical gold. (see traits of money chart)
Nope. Nuclear EMP goes off and BTC is done. No one will want it. Some people will take gold and many $$$. Most will want bullets and weapons. Hell, water will be worth more than BTC. This is 100% fact. Or the fact the price plummets and a thunderstorm knocks out your power and cell signal and you have no way to trade it. Doesn't even need to be WWIII.
G36 says
Bitcoin is a currency. yep
Nope. Something has to back a currency for it to have value. Money laundering, sure, I guess that's one thing backing it for now. What happens when there's a new/better way to do that? Institutions are just playing with a yoyo and having fun. You think 10-11 figure institutions care at all about losing low 7-8 figures worst case? Lol. Most of that was borrowed money from the Fed and bottom of the barrel interest rates. You're the pawn. You can't borrow $100M at 0.5% interest rates and gamble with it.
G36 says
Bitcoin is tradable like a stock. Well, much better, you can trade it 24/7.
That's actually awful. Go to bed at midnight and wake up at 6am and your money is all gone because it trades 24/7. Never thought I'd hear/see such a moronic statement. There's a reason markets have an open and close time. Hell, even during market hours trading can be halted. BTC drops 50%, you're fucked. Basically, no, it's not remotely traded like a stock and your positive of 24/7 trading is completely stupid.
G36 says
Bitcoin is a store of value and the best thing since sliced bread
Why? You've yet to answer this. Value has to have some physical form. Be it governments, gold backed, real estate, equipment, etc. BTC doesn't have any of that. It's quite literally a spreadsheet. That is reliant on massive amounts of electricity just to make a simple transaction. No one uses it to pay for goods, which ultimately gets transitioned into the local currency and most likely the dollar anyway. It's stupid.
Trade away. I'd be selling now, but you don't understand six figure gains and the difference between six figure price. So good luck buddy. lol.
301
Bitcoin
2020 Dec 4, 5:49pm
Bitcoin
2020 Dec 4, 5:49pm
Awesome, some additions to DF's list
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.
>>> https://www.bloomberg.com/news/articles/2019-12-31/bitcoin-s-9-000-000-rise-this-decade-leaves-the-skeptics-aghast
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.
>>> https://www.bloomberg.com/news/articles/2019-12-31/bitcoin-s-9-000-000-rise-this-decade-leaves-the-skeptics-aghast
302
Onvacation
2020 Dec 5, 1:01pm
Onvacation
2020 Dec 5, 1:01pm
G36 says
Try telling that to your wife.
Bitcoin is gold. Well, its gold 2.0/digital gold.....much better than physical gold
Try telling that to your wife.
304
WookieMan
2020 Dec 5, 4:01pm
WookieMan
2020 Dec 5, 4:01pm
G36 says
Cute. As usual no answer.
Awesome, some additions to DF's list
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.
>>> https://www.bloomberg.com/news/articles/2019-12-31/bitcoin-s-9-000-000-rise-this-decade-leaves-the-skeptics-aghast
Cute. As usual no answer.
305
CBOEtrader
2020 Dec 5, 5:21pm
CBOEtrader
2020 Dec 5, 5:21pm
G36 says
both you and the chart have this fact wrong. bitcoin is literally NOT a store of wealth.
i do think its a nice hedge, btw, but at least understand what it is and what it isnt.
Bitcoin is gold. Well, its gold 2.0/digital gold.....much better than physical gold. (see traits of money charG36 says
Bitcoin is a store of value and the best thing since sliced bread
both you and the chart have this fact wrong. bitcoin is literally NOT a store of wealth.
i do think its a nice hedge, btw, but at least understand what it is and what it isnt.
306
Bitcoin
2020 Dec 5, 6:25pm
Bitcoin
2020 Dec 5, 6:25pm
Onvacation says
She owns Bitcoin too. Like you. Smart woman!
G36 saysBitcoin is gold. Well, its gold 2.0/digital gold.....much better than physical gold
Try telling that to your wife.
She owns Bitcoin too. Like you. Smart woman!
307
Bitcoin
2020 Dec 5, 6:26pm
Bitcoin
2020 Dec 5, 6:26pm
CBOEtrader says
Its digital gold. Basically gold, but better.
G36 saysBitcoin is gold. Well, its gold 2.0/digital gold.....much better than physical gold. (see traits of money charG36 saysBitcoin is a store of value and the best thing since sliced bread
both you and the chart have this fact wrong. bitcoin is literally NOT a store of wealth.
i do think its a nice hedge, btw, but at least understand what it is and what it isnt.
Its digital gold. Basically gold, but better.
308
Bitcoin
2020 Dec 5, 6:27pm
Bitcoin
2020 Dec 5, 6:27pm
WookieMan says
not cute. True. Please write more BS, dumb-F. I want to add to the list!
G36 saysAwesome, some additions to DF's list
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.
>>> https://www.bloomberg.com/news/articles/2019-12-31/bitcoin-s-9-000-000-rise-this-decade-leaves-the-skeptics-aghast
Cute. .
not cute. True. Please write more BS, dumb-F. I want to add to the list!
309
WookieMan
2020 Dec 5, 7:01pm
WookieMan
2020 Dec 5, 7:01pm
G36 says
You literally have someone that somewhat agrees with your position and you're still a trolly cunt. You behave like a petulant child that is worried they're about to lose their toy or something. You seem very insecure.
Its digital gold. Basically gold, but better.
You literally have someone that somewhat agrees with your position and you're still a trolly cunt. You behave like a petulant child that is worried they're about to lose their toy or something. You seem very insecure.
310
Bitcoin
2020 Dec 5, 9:43pm
Bitcoin
2020 Dec 5, 9:43pm
WookieMan says
nope, you still dont get it. You are DF, remember?
Thats why we spell it out for you a few times>>>>Bitcoin is digital gold. Or Gold 2.0.
Dont worry, we will keep repeating it for you.
G36 saysIts digital gold. Basically gold, but better.
You literally have someone that somewhat agrees with your position and you're still a trolly cunt. You behave like a petulant child that is worried they're about to lose their toy or something. You seem very insecure.
nope, you still dont get it. You are DF, remember?
Thats why we spell it out for you a few times>>>>Bitcoin is digital gold. Or Gold 2.0.
Dont worry, we will keep repeating it for you.
311
Onvacation
2020 Dec 8, 7:09am
Onvacation
2020 Dec 8, 7:09am
I can't believe that someone would pay almost 20 grand for one bitcoin in the hope that someone else will pay more.
That's it. That is the basic strategy of crypto people.
That's it. That is the basic strategy of crypto people.
312
Bitcoin
2020 Dec 8, 7:13am
Bitcoin
2020 Dec 8, 7:13am
"I cant believe" hahahaa i cant wait for 2021....you are in disbelief now.......just wait!
20 grand loooool
wait until investors buy in at 250 grand.
20 grand is just a (tiny) blip on the chart soon.
https://www.bloomberg.com/news/articles/2020-12-07/microstrategy-to-raise-400-million-to-buy-even-more-bitcoin
Nasdaq listed company is raising 400M to buy MORE Bitcoin. Just one of many, many hedge funds, nasdaq listed companies, billionaires and banks!
20 grand loooool
wait until investors buy in at 250 grand.
20 grand is just a (tiny) blip on the chart soon.
https://www.bloomberg.com/news/articles/2020-12-07/microstrategy-to-raise-400-million-to-buy-even-more-bitcoin
Nasdaq listed company is raising 400M to buy MORE Bitcoin. Just one of many, many hedge funds, nasdaq listed companies, billionaires and banks!
313
WookieMan
2020 Dec 8, 7:32am
WookieMan
2020 Dec 8, 7:32am
G36 says
The assumption they'll buy into a rising BTC price is cute. Just because an entity or person says they're going to buy BTC, doesn't mean they'll do it when it's favorable to you. That's the whole point of what you're missing with an unregulated market. You'll be the last to know and by the time you find out it will be too late. You can't move markets, they'll move you because you don't have the cash. Potentially could be positive, but with no backing physical asset of any kind, it's highly likely the outcome will be negative.
Billionaires and NASDAQ corps are playing with money they can lose. You're not. You're better off throwing $20k on black at the roulette table. You win 10 times in a row with reinvested winnings and you're a millionaire in 20 minutes. But hey bitcoin, lol.
Nasdaq listed company is raising 400M to buy MORE Bitcoin. Just one of many, many hedge funds, nasdaq listed companies, billionaires and banks!
The assumption they'll buy into a rising BTC price is cute. Just because an entity or person says they're going to buy BTC, doesn't mean they'll do it when it's favorable to you. That's the whole point of what you're missing with an unregulated market. You'll be the last to know and by the time you find out it will be too late. You can't move markets, they'll move you because you don't have the cash. Potentially could be positive, but with no backing physical asset of any kind, it's highly likely the outcome will be negative.
Billionaires and NASDAQ corps are playing with money they can lose. You're not. You're better off throwing $20k on black at the roulette table. You win 10 times in a row with reinvested winnings and you're a millionaire in 20 minutes. But hey bitcoin, lol.
314
Bitcoin
2020 Dec 8, 7:33am
Bitcoin
2020 Dec 8, 7:33am
Thanks DF!
two more for the list.
"an unregulated market"
"roulette"
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.
>>> https://www.bloomberg.com/news/articles/2019-12-31/bitcoin-s-9-000-000-rise-this-decade-leaves-the-skeptics-aghast
two more for the list.
"an unregulated market"
"roulette"
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.
>>> https://www.bloomberg.com/news/articles/2019-12-31/bitcoin-s-9-000-000-rise-this-decade-leaves-the-skeptics-aghast
315
Onvacation
2020 Dec 8, 7:42am
Onvacation
2020 Dec 8, 7:42am
G36 says
I thought they weren't making any more?
Nasdaq listed company is raising 400M to buy MORE Bitcoin.
I thought they weren't making any more?
316
WookieMan
2020 Dec 8, 7:56am
WookieMan
2020 Dec 8, 7:56am
G36 says
The funny part is you don't refute any of this. Just make a list and pretend that you one upped someone when you did nothing in reality.
Can't wait for the new username after your last one showed your ass being wrong. You can't hide from being wrong so many times.
Thanks DF!
two more for the list.
"an unregulated market"
"roulette"
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.
>>> https://www.bloomberg.com/news/articles/2019-12-31/bitcoin-s-9-000-000-rise-this-decade-leaves-the-skeptics-aghast
The funny part is you don't refute any of this. Just make a list and pretend that you one upped someone when you did nothing in reality.
Can't wait for the new username after your last one showed your ass being wrong. You can't hide from being wrong so many times.
318
Bitcoin
2020 Dec 8, 8:39am
Bitcoin
2020 Dec 8, 8:39am
WookieMan says
That's the best part. DF really is too dumb to get any of it.
G36 saysThanks DF!
two more for the list.
"an unregulated market"
"roulette"
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.
>>> https://www.bloomberg.com/news/articles/2019-12-31/bitcoin-s-9-000-000-rise-this-decade-leaves-the-skeptics-aghast
don't refute any of this
That's the best part. DF really is too dumb to get any of it.
319
WookieMan
2020 Dec 8, 10:53am
WookieMan
2020 Dec 8, 10:53am
WookieMan says
Lol. Keep adding to a list that you still refuse to argue even one point. Keep up with the ad hom though or just post a useless chart. You responses are indicative of your intelligence on the topic. If you were making bank on crypto you wouldn't be on this forum. You'd be traveling the world. Maybe starting a business. Hell, maybe doing something beside being butt hurt about facts.
The funny part is you don't refute any of this.
Lol. Keep adding to a list that you still refuse to argue even one point. Keep up with the ad hom though or just post a useless chart. You responses are indicative of your intelligence on the topic. If you were making bank on crypto you wouldn't be on this forum. You'd be traveling the world. Maybe starting a business. Hell, maybe doing something beside being butt hurt about facts.
320
Bitcoin
2020 Dec 8, 10:59am
Bitcoin
2020 Dec 8, 10:59am
WookieMan says
Of course DF. Just waiting for the next stupid thing you say. Regardless, you earned your name already!
"an unregulated market"
"roulette"
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.
WookieMan says
Keep adding to a list
Of course DF. Just waiting for the next stupid thing you say. Regardless, you earned your name already!
"an unregulated market"
"roulette"
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.
322
Bitcoin
2020 Dec 8, 12:05pm
Bitcoin
2020 Dec 8, 12:05pm
Onvacation says
You bought Bitcoin (satoshis) because you believe in it now, right? Why would you call digital gold such a thing?
G36 saysOf course DF
So how long have you been part of the bitcoin scam?
You bought Bitcoin (satoshis) because you believe in it now, right? Why would you call digital gold such a thing?
323
Onvacation
2020 Dec 8, 1:13pm
Onvacation
2020 Dec 8, 1:13pm
I figured I could gamble a penny on 11 Satoshis. I will sell them to you for a nickel?
324
Onvacation
2020 Dec 8, 1:15pm
Onvacation
2020 Dec 8, 1:15pm
like I said, I'm a nickel slot kind of guy. In the casino I always know who the fool is. But I have got lucky.
325
Bitcoin
2020 Dec 8, 1:16pm
Bitcoin
2020 Dec 8, 1:16pm
I take credit for you finally buying into Bitcoin. It was my education and chart, right?
326
Onvacation
2020 Dec 9, 6:55am
Onvacation
2020 Dec 9, 6:55am
G36 says
Found a penny.
I take credit for you finally buying into Bitcoin. It was my education and chart, right?
Found a penny.
327
Bitcoin
2020 Dec 9, 7:02am
Bitcoin
2020 Dec 9, 7:02am
I am stoked you bought Bitcoin - finally. It shows, even the most ignorant can learn. Which exchange did you use to purchase it or was it OTC?
328
Onvacation
2020 Dec 9, 8:16am
Onvacation
2020 Dec 9, 8:16am
It's like playing the lottery. Your chances of making a fortune are about the same whether you play or not.
Can you even buy bitcoin one satoshi at a time? Where?
Can you even buy bitcoin one satoshi at a time? Where?
330
Bitcoin
2020 Dec 9, 8:39am
Bitcoin
2020 Dec 9, 8:39am
onvacation, Which exchange did you use to buy bitcoin?
Since we have mass adoption now there are several ways of purchasing digital gold. You can buy crypto through apps on your phone (Robinhood, Paypal, coinbase, Kraken, Binance)
Since you collect silver coins, it could be you still only have a landline. In that case you would use a laptop to log in to any of those exchanges.
Since we have mass adoption now there are several ways of purchasing digital gold. You can buy crypto through apps on your phone (Robinhood, Paypal, coinbase, Kraken, Binance)
Since you collect silver coins, it could be you still only have a landline. In that case you would use a laptop to log in to any of those exchanges.
331
Onvacation
2020 Dec 9, 9:38am
Onvacation
2020 Dec 9, 9:38am
G36 says
Are you really that stupid?
Could somebody please flag this comment if they think it is inappropriate.
it could be you still only have a landline. In that case you would use a laptop to log in to any of those exchanges.
Are you really that stupid?
Could somebody please flag this comment if they think it is inappropriate.
332
Onvacation
2020 Dec 9, 9:40am
Onvacation
2020 Dec 9, 9:40am
Any fool buying bitcoin is dependent on a bigger fool to make any profit. I don't have a problem with gambling but if you call it an investment or "Gold 2.0" you are a rube, an idiot, or a conman.
333
Bitcoin
2020 Dec 9, 9:53am
Bitcoin
2020 Dec 9, 9:53am
Onvacation says
How would we know if you still have a landline and no phone? You collect silver coins. How would we know. Why is that inappropriate?
G36 saysit could be you still only have a landline. In that case you would use a laptop to log in to any of those exchanges.
Are you really that stupid?
Could somebody please flag this comment if they think it is inappropriate.
How would we know if you still have a landline and no phone? You collect silver coins. How would we know. Why is that inappropriate?
334
Bitcoin
2020 Dec 9, 9:54am
Bitcoin
2020 Dec 9, 9:54am
Onvacation says
If you buy a stock you depend on other bidders in order to move the price. When you buy silver coins and you hope for an appreciation, you depend on other people buying useless silver coins. Why do you call yourself a fool?
Any fool buying is dependent on a bigger fool
If you buy a stock you depend on other bidders in order to move the price. When you buy silver coins and you hope for an appreciation, you depend on other people buying useless silver coins. Why do you call yourself a fool?
336
WookieMan
2020 Dec 9, 10:06am
WookieMan
2020 Dec 9, 10:06am
G36 says
Lol. Half of Americans are a paycheck away from going BK and have no savings at all. 1/2 the worlds population still lives at 2nd and 3rd world levels. Many have sketchy electric and water supplies. Mass adoption? Lol. Do you think when you type? Never mind, we all know the answer.
This is what happened under your other account. Surprised you haven’t ignored me like last time after calling out your BS.
Since we have mass adoption now
Lol. Half of Americans are a paycheck away from going BK and have no savings at all. 1/2 the worlds population still lives at 2nd and 3rd world levels. Many have sketchy electric and water supplies. Mass adoption? Lol. Do you think when you type? Never mind, we all know the answer.
This is what happened under your other account. Surprised you haven’t ignored me like last time after calling out your BS.
337
WookieMan
2020 Dec 9, 10:10am
WookieMan
2020 Dec 9, 10:10am
G36 says
While partially true, your statement is mostly false. You invest in companies because they produce something that people want and can use. These companies also have physical assets like real estate that add to that value. They also report revenue, profits, losses and a variety of other metrics so you understand what you've invested in.
Straight yes or no answer. Does BTC check any of those boxes besides people wanting to own it because of FOMO? You know the answer and I don't expect one from you.
If you buy a stock you depend on other bidders in order to move the price.
While partially true, your statement is mostly false. You invest in companies because they produce something that people want and can use. These companies also have physical assets like real estate that add to that value. They also report revenue, profits, losses and a variety of other metrics so you understand what you've invested in.
Straight yes or no answer. Does BTC check any of those boxes besides people wanting to own it because of FOMO? You know the answer and I don't expect one from you.
« First « Previous Comments 298 - 337 of 2,177 Next » Last » Search these comments
https://www.vox.com/2018/4/24/17275202/bitcoin-scam-cryptocurrency-mining-pump-dump-fraud-ico-value