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Crypto currency (IF banned from CA)

DuuuncanHadaPigeon said:
Ye, BTC is already at the top of it's S curve (hence the institutions are coming in), so all of the crazy gains are all but gone but you can still easily beat inflation and beat an S&P tracker
Click to expand...

We managed to just get in at the bottom of the S.

I know someone, a well known Evertonian, that has been invested in Bitcoin from the very start.
 
DuuuncanHadaPigeon said:
A man on the internet called goat said it's delusional so all of wall st, blackrock etc must be wrong what do they know
Click to expand...
Its a ponzi scheme, something Wall Street are very interested in.

You are delusional.



More intelligent people than me break it down for you in this thread, which you will dismiss, cos delusional people dont like to admit these things.

If you are making money, then im happy for you, but you can do the same trading any other assets.
 
DuuuncanHadaPigeon said:
A man on the internet called goat said it's delusional so all of wall st, blackrock etc must be wrong what do they know
Click to expand...

I don't view all Cryptocurrency as equal. I would only invest in a highly reputable and mainstream one.

I would also advise people to seek advice before they invest anything in anything
 
Damo_1878 said:
We managed to just get in at the bottom of the S.

I know someone, a well known Evertonian, that has been invested in Bitcoin from the very start.
Click to expand...
I would argue the bottom of the S curve was around a decade ago. A 3-4x from the previous all time high this cycle would be good for BTC, this is tiny compared to previous cycles.
 

Goat said:
Its a ponzi scheme, something Wall Street are very interested in.

You are delusional.



More intelligent people than me break it down for you in this thread, which you will dismiss, cos delusional people dont like to admit these things.

If you are making money, then im happy for you, but you can do the same trading any other assets.
Click to expand...

If you can't make your own arguments then I won't bother to read a thread on a subreddit called 'buttcoin'

If your hypothesis is that it's a ponzi because it always requires new people to buy for it to sustain the price - then the same can be said about apple stock, or houses or the economy in general. New market participants is what makes the price of things go up.

99% of the price of any stock comes from speculation, the amount of phones they produce is just narrative.

Blockchains, especially bitcoin, are essentially incredibly big, inefficient public ledgers, but it does have one amazing feature, which is that it is censorship resistant by design.

edit: my curiosity got the better of me and I did click the link and found that you just literally copy pasted the top comment and tried to pass it off as your own, what a joke you are.
 
DuuuncanHadaPigeon said:
If you can't make your own arguments then I won't bother to read a thread on a subreddit called 'buttcoin'

If your hypothesis is that it's a ponzi because it always requires new people to buy for it to sustain the price - then the same can be said about apple stock, or houses or the economy in general. New market participants is what makes the price of things go up.

99% of the price of any stock comes from speculation, the amount of phones they produce is just narrative.

Blockchains, especially bitcoin, are essentially incredibly big, inefficient public ledgers, but it does have one amazing feature, which is that it is censorship resistant by design.

edit: my curiosity got the better of me and I did click the link and found that you just literally copy pasted the top comment and tried to pass it off as your own, what a joke you are.
Click to expand...
That did make me laugh 😂
 

Goat said:
I dont think I have ever attempted to sound smart.

So thanks for the high praise.

I never claimed that was my POV.
Click to expand...
I think if you post something and don't say I got this from reddit then it is safe to assume it is your POV

Now here you come with middle fingers on all my posts because you got found out copying and pasting comments from reddit trying to make it sound like you know what you are talking about.

go back to buttcoin
 
Its funny how jealous and scared people are of people who make money of crypto

Its actually more entertaining than the profit

They all just convince themselves its bad and ponzi because there too scared to invest

Comedy gold happens every time
 

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