BITCOIN

adindas

Section62 said:

Nope. Jeff Bezos is the major stake holder of Amazon so there is conclict of interest here. Could you not see the obvious ?? If not then you might also fall into the scam that has been posted here before.

By the same token, anyone (heavily) invested in Bitcoin/Crypto has a conflict of interest.

Are you suggesting it is 'obvious' we should ignore all people who are (or suspected) of holding Crypto?

If so, that kind of kills this thread stone dead.

And who are they ?? Are they similar to Jeff Bezos ownership of Amazon ?

I have posted this graphics before in this thread ...

Section62 said:

Are you suggesting it is 'obvious' we should ignore all people who are (or suspected) of holding Crypto?

If so, that kind of kills this thread stone dead.

Well, I am not suggesting anything. Certainly a person could ignore or believe whatever s/he wants to. People could be suspicious of anything in life. That is the reason why some people put tinfoil hat on their head.

Section62

adindas said:

Section62 said:

Nope. Jeff Bezos is the major stake holder of Amazon so there is conclict of interest here. Could you not see the obvious ?? If not then you might also fall into the scam that has been posted here before.

By the same token, anyone (heavily) invested in Bitcoin/Crypto has a conflict of interest.

Are you suggesting it is 'obvious' we should ignore all people who are (or suspected) of holding Crypto?

If so, that kind of kills this thread stone dead.

And who are they ?? Are they similar to Jeff Bezos ownership of Amazon ?

I have posted this graphics before in this thread ...

Well, I am not suggesting anything. Certainly a person could ignore or believe whatever s/he wants to. People could be suspicious of anything in life. That is the reason why some people put tinfoil hat on their head.

That's the nature of discussion forums/social media like this though - none of us really know who is posting.  You - or anyone else promoting crypto - could well be Elon Musk for all we know.

If we follow your logic then nobody should put money into crypto based on 'advice' from anyone holding - or suspected of holding - crypto.  Which would as I suggested, kind of make this thread (and the others like it) pointless.

However, your argument is effectively that we should believe people like you copy/pasting pro-crypto information, but ignore anything else.  Can you not see the problem with that?

As for tinfoil hats (yet another attempt by you to demean and belittle other posters) - I assume you do realise that people don't really do that, and hence isn't a "reason" for anything?

grumiofoundation

Section62 said:

As for tinfoil hats (yet another attempt by you to demean and belittle other posters) - I assume you do realise that people don't really do that, and hence isn't a "reason" for anything?

I think we have to give some credit to the poster here - normally when I try and belittle other people for their lack of intelligence I waste my time reading their arguments to thoroughly belittle them, forming coherent sentences and checking my spelling, and I think we should give them credit for not lowering themselves to those levels.

AlwaysLearnin

Section62 said:

Which would as I suggested, kind of make this thread (and the others like it) pointless.

I would suggest that the thread unfortunately seems to be heading that way as it is.... 

eskbanker

AlwaysLearnin said:

Section62 said:

Which would as I suggested, kind of make this thread (and the others like it) pointless.

I would suggest that the thread unfortunately seems to be heading that way as it is.... 

There does seem to be a certain irony in the fact that there appear to be a finite number of comments to be made on this subject so they tend to be broken down into ever less significant components....

adindas

Section62 said:

However, your argument is effectively that we should believe people like you copy/pasting pro-crypto information, but ignore anything else.  Can you not see the problem with that?

Sorry, but when did I ever ask people to believe me, any link? In fact, in many of my posts, I have said this. “Do your own DDs”.

grumiofoundation said:

I think we have to give some credit to the poster here - normally when I try and belittle other people for their lack of intelligence I waste my time reading their arguments to thoroughly belittle them, forming coherent sentences and checking my spelling, and I think we should give them credit for not lowering themselves to those levels.

And what is more important for a person to make a conclusion it is arguments forming coherent sentences, spelling or fact. I know for a politician, what you said is very important.

If you just follow the post above in this thread; someone is comparing BTC ownership with Jeff Bezos ownership of Amazon and ask me to explain my rational. I posted that statistical fact, look at the number and draw your conclusion.

Combine all of the top 10 holders of BTC, they only own 5% altogether. Compare it to Jeff Bezos  ownership of Amazon. Because it is statistical fact you could easily cross check it from other sources.

Scottex99

I think we have to give some credit to the poster here - normally when I try and belittle other people for their lack of intelligence I waste my time reading their arguments to thoroughly belittle them, forming coherent sentences and checking my spelling, and I think we should give them credit for not lowering themselves to those levels.

English not their first language, obviously

HHarry

 “We know the price of Bitcoin, but not the value” - which is exactly the question asked a while ago.

https://uk.finance.yahoo.com/news/steve-hanke-bitcoin-price-value-is-zero-000106264.html

Scottex99

Another Boomer. “Fiat is so reliable and controlled and safe but we really need to scale back on printing it when inflation gets to 9%.”

These guys will all be left behind 

lozzy1965

Yes, a bit of a nonsensical statement in my opinion.  The 'value' of all money is zero if it hasn't been accepted as a method of payment for goods and services!  It's the acceptance that gives it value.  It's another argument as to whether bitcoin (as this is what this thread is about) will become accepted enough to have true value.
EDIT:  Scottex - It's true to say we don't know Bitcoin's value yet surely?