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I get that tech stocks have intrinsic value but how does your "greater-fool-theory" apply to the fact hat the market price is way above the intrinsic value for tech stocks?
I struggle with saying you are a greater fool now for buying but later when you sell at a higher price you are all of the sudden not a greater fool anymore.
Also, the buy now or be priced out forever phrase came from the 2005/2006 housing bubble....That phrase will be repeating by some people during any bubble.
We were thinking of a road trip to San Diego for X-mas because it's not real convenient to fly to New England this year.
Smart Money and Governments and Secret Organizations hate the Dollar so much, that when bonds are issued by the Treasury at bupkiss interest, or they have an opportunity to snatch up suitcases full of cash, everybody runs to snatch it up. Some people like to have a little gold as a hedge against uncertainty.
Meanwhile, as soon as most people hear Buttcoin, they're like "Here comes a scam"
G36 saysSince you asked, did your mom stop too soon?
Yeah. She said I was a biter.
And, you said if someone sells Bitcoin at a higher price he/she is no longer a fool. You also said, people who bought the last all time high (at 20k) are fools. What about the people that bought the all time high at 1k in the previous bull run and are still holding? Are they also fools?
interesting story. Why not answer the other questions as well?
That's why you dont answer the question about tech stocks and their intrinsic value.....Tech stocks trade multiple times over their intrinsic value and continue to go up (most likely).
I am fine with you calling us Bitcoin investors all kinds of things and calling the whole thing a scam, ponzi whatever. I just leave it as is.
Eric Holder says
Dollar has no "divisibility"? Seriously? Ever heard of cents? =)) And how the fuck cash dollars have no anonymity? Ever heard about kidnappers demanding ransom to be paid in small previosly circulated dollar bills? Ever wondered why?
That picture is a fucking joke.
holy smokes, alright :) lets use this one below?
Your tables contradict each other. Is bitcoin easier to counterfeit than gold and dollars or not?
The thumbs up means its a positive trait for the respective asset.
G36 saysThe thumbs up means its a positive trait for the respective asset.
I thought you threw that table out because it contradicts the other one?
Onvacation saysG36 saysThe thumbs up means its a positive trait for the respective asset.
I thought you threw that table out because it contradicts the other one?
No, I threw the first one out because this table below should be easier to follow.
G36 saysOnvacation saysG36 saysThe thumbs up means its a positive trait for the respective asset.
I thought you threw that table out because it contradicts the other one?
No, I threw the first one out because this table below should be easier to follow.
But you do agree the tables you posted contradict each other . Don't you?
>Really no reason to get riled up about any of this.
How can bitcoin be anonymous and traceable? Not only do your tables contradict each other they contradict themselves.
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Raoul Pal, former Goldman Sachs hedge fund manager, recommending bitcoin and gold
www.youtube.com/embed/FKLabPm1D-g
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