We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Greatest ever post by BettySpofkins

ok, its after timimg, but what a condescending post.


"in a virtual currency has got to be as stupid as
paying a $500 release fee to a Nigerian with $5 Million to send yo"

This was posted when the price was 10$, it is now over a $1000
How wrong can someone be?

Hold your head in shame poster BettySpofkins

Comments

  • mgdavid
    mgdavid Posts: 6,709 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    ... !!!!!!? ..
    The questions that get the best answers are the questions that give most detail....
  • WHATAGOAL1 wrote: »
    ok, its after timimg, but what a condescending post.


    "in a virtual currency has got to be as stupid as
    paying a $500 release fee to a Nigerian with $5 Million to send yo"

    This was posted when the price was 10$, it is now over a $1000
    How wrong can someone be?

    Hold your head in shame poster BettySpofkins

    But BettySpofkins didn't say that.
    http://forums.moneysavingexpert.com/showpost.php?p=55401307&postcount=10
  • jimjames
    jimjames Posts: 18,364 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    There will always be people who can make money from a bubble. That doesn't mean everyone will for ever. It also doesn't mean it isn't a bubble. Not even a recent phenomenom, bubbles have been happening for hundreds of years.

    Tulips or South Sea anyone?
    Remember the saying: if it looks too good to be true it almost certainly is.
  • WatsonNimrod
    WatsonNimrod Posts: 1,926 Forumite
    I think I will reserve judgement for at least another year
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    I wouldn't call it a sleep at night financial product
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    I don't have any bitcoins because I don't understand them. But I hope bitcoin is a success because its time the money printing central banks had some competition.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • BillJones
    BillJones Posts: 2,187 Forumite
    WHATAGOAL1 wrote: »
    ok, its after timimg, but what a condescending post.


    "in a virtual currency has got to be as stupid as
    paying a $500 release fee to a Nigerian with $5 Million to send yo"

    This was posted when the price was 10$, it is now over a $1000
    How wrong can someone be?

    Hold your head in shame poster BettySpofkins

    Wow, what a way to misunderstand a sensible point.

    If I told you not to bet your savings on number 34 on the roulette table, you'd hopefully see that it was good advice, even if 34 subsequently came up. Bitcoin is no different. You'd get a little credit if you'd argued that it would be at $1,000 today, but did you do this?

    Hindsight investing is easy.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.8K Banking & Borrowing
  • 252.3K Reduce Debt & Boost Income
  • 452.6K Spending & Discounts
  • 241.7K Work, Benefits & Business
  • 618.2K Mortgages, Homes & Bills
  • 176K Life & Family
  • 254.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.