BITCOIN

Thrugelmir

RolandFlagg said:

What "value" investors and Buffett disciples fail to understand is that it's all about exponential growth.

If investors aren't able to perform fundamental analysis on a company such as Tesla. Then they've no idea what they are talking about. Mantras are a two a penny on social media.

Michael121

tebbins said:

 "this time is different".

Probably a book worth these lot reading.

Scottex99

Wait until the boomers see the market cap of SHIB, meltdowns imminent 

Zola.

Not that I want to talk about !!!!!! coins in a bitcoin thread... but stupid meme dog coins are what's damaging to the likes of bitcoin as its all seen as "risky gambling crypto". People will get rekt when they jump into that mess and the rug is pulled from under them... and they deserve it. 

Scottex99

Yeah agreed, I've done a 10x on a small bag from 2 months ago but expecting this is the top now, surely it cant really get to top 5 territory, although who tf knows these days

Zola.

For sure, the likes of coinbase are really just a massive online casino now who happen to sell Bitcoin

Hexane

RolandFlagg said:

Over the next couple of decades it will be about how millennials invest their money.
They have grown up hating the banks and loving technology, and now they have trading apps they can easily access to invest/trade/gamble.

They ain't going to be investing in Gold, Bonds or Value stocks.

If true, this will mean that Value stocks are going to be increasingly good value, because no-one will be buying them.

Malthusian

Zola. said:

https://www.reuters.com/business/finance/us-regulators-exploring-how-banks-could-hold-crypto-assets-fdic-chairman-2021-10-26/

Probably nothing.

You've deployed this twee catchphrase often enough that it surely deserves its own acbronym by now. "IP0" has a nice ring to it.

"The Turks and Caicos Islands are investigating putting the entire country on the blockchain. IP0."

"A bro whose parents own a pizza restaurant in Atlanta has persuaded them to accept Dogecoin (for a reasonable conversion fee). IP0."

Zola. said:

Not that I want to talk about !!!!!! coins in a bitcoin thread... but stupid meme dog coins are what's damaging to the likes of bitcoin as its all seen as "risky gambling crypto". People will get rekt when they jump into that mess and the rug is pulled from under them... and they deserve it. 

They are all seen as the same because mathematically they are the same. They all work in the same way.

Your argument that people shouldn't be buying Dogecoins because they could be pumping Bitcoin instead works exactly the same in reverse.

People know that the best chance of making money out of a zero sum game is to get in first, which creates an inherent need for new crypto tokens to be launched.

Zola.

Malthusian said:

Zola. said:

https://www.reuters.com/business/finance/us-regulators-exploring-how-banks-could-hold-crypto-assets-fdic-chairman-2021-10-26/

Probably nothing.

You've deployed this twee catchphrase often enough that it surely deserves its own acbronym by now. "IP0" has a nice ring to it.

"The Turks and Caicos Islands are investigating putting the entire country on the blockchain. IP0."

"A bro whose parents own a pizza restaurant in Atlanta has persuaded them to accept Dogecoin (for a reasonable conversion fee). IP0."

Zola. said:

Not that I want to talk about !!!!!! coins in a bitcoin thread... but stupid meme dog coins are what's damaging to the likes of bitcoin as its all seen as "risky gambling crypto". People will get rekt when they jump into that mess and the rug is pulled from under them... and they deserve it. 

They are all seen as the same because mathematically they are the same. They all work in the same way.

Your argument that people shouldn't be buying Dogecoins because they could be pumping Bitcoin instead works exactly the same in reverse.

People know that the best chance of making money out of a zero sum game is to get in first, which creates an inherent need for new crypto tokens to be launched.

You have literally no idea what you are talking about

Aegis

Zola. said:

Not that I want to talk about !!!!!! coins in a bitcoin thread... but stupid meme dog coins are what's damaging to the likes of bitcoin as its all seen as "risky gambling crypto". People will get rekt when they jump into that mess and the rug is pulled from under them... and they deserve it. 

I genuinely can't see any way to interpret your comments that wouldn't apply equally to bitcoin.