Sounds precisely what a ponzi-runner tells his investors. "Don't cash out yet! The best is yet to come..."
All those things will be priced in bitcoin at a point. Not a catostropic strategy even though it’s gonna cost generational level wealth to do one before the other.
Because an awful lot of people will end up reading this thread and might buy into husk guy's poorly thought out bullshit. Here's an article. Btc promises zero returns. It is plainly not a ponzi/pyramid scheme. https://unchained-capital.com/blog/bitcoin-is-not-a-pyramid-scheme/
Cool. It’s the ultimate tulip ponzi that bounces up and down to infinity. Don’t fuck with NgU tech baby.
lol I was just talking to the boomer ponzi tulip party that is in every bitcoin thread i enter. As if their opinions haven’t been hashed a million times before throughout the cycles. If you a bitcoiners you cool with me.
I guess we'll see if this post turns into just another "smooth brained opinion" or not in a few years. :)
And what is my "opinion" ? I'm pretty sure I said months ago that the price of Bitcoin can go much higher because it is a purely speculative instrument that is unregulated and manipulated. I linked multiple academic papers backing this and interestingly none of you had anything to say in response to those papers. Are those opinions?
That bitcoin is a farce, or something. I really don't know the details, just that you are caught up in some sort of technicalities about what warrants value while ignoring the fact the market has spoken and continues to speak.
HuskerGuy99 Its like you are saying baseball cards are worthless because they are literally just ink and cardboard. Thats true, but that doesn't mean other people don't value them and the monetary value associated with them isn't real.
The internet, if owned, would be the most valuable asset on the planet. I get the network part, just not sure I get the comparison to banks.
Assets in banking networks have value, assets in the bitcoin network have value. Right now the assets value in the BTC network is greater than that of any one banking network. Its a pretty obtuse comparison, but its real.
Ink and cardboard is still more tangible than virtual ones and zeroes. Collectibles are different than virtual ones and zeroes. As long as enough people believe Bitcoin has value, you are okay. What happens when people stop believing this, for whatever future reason that manifests itself? Are you going to feel good holding virtual ones and zeroes when others have no interest in purchasing them from you? What are you going to feel like when nobody will pay what you believe you should be paid for virtual ones and zeroes? Just be careful out there. I have said before in this thread that there is nothing wrong with speculation, but read some of the tripe that others have said in the last page alone lol.
don’t think that is accurate. the actual assets held at jpm, bac, etc are worth much more than what the companies are worth
I think you are very much in the dark regarding how people value digital assets. Like when someone buys a song on a music platform for 99 cents is that a bad purchase because who knows if that platform will exist in 30 years? Also the video game world, people spend hundreds on in game items for shit like World of Warcraft... There are people who literally farm and sell these items as a main source of income. Should we scoff at them making a profit on a digital sword because at its core its just 1s and 0s? Your argument makes me think you have a couple pallets of canned soup in your basement.
You need to understand that a lot of people in this thread in favor of Bitcoin only read and believe in one side of the story. They have grown up believing what they read on Twitter, social media, etc. without question. They have been perfectly conditioned to accept propaganda, and not only accept it, but parrot it and disseminate it.
The Tell-A-Vision was way better at programming than the internet. The internet introduced chaos to mind control platforms long established. Bitcoin was born in the middle of it and survived every attacker. The market decided bitcoin the winner and theirs only 21 million of them. What happens to all scarce assets that the market deems valuable? What’s more scarce than a fixed cap decentralized money built for the digital age? I can’t even imagine it. Smells like moon juice to me.
You make 7 figures a year or something? You claimed to hold like half a million in Factom and well over a million in BTC.
How rude of you to ask. Also i would L My B O if somehow it was determined he worked as a cook at applebees or something, would be peak message boarding. (FWIW I believe he has as much btc as he claims).
I'm tempted to go back in this thread to when "Factom" was the best money ever and a digital store of value better than gold. Actually, a lot of people should probably go back to that late 2017 time period and see if the posting is very similar to this.
Nobody has to listen to me. I simply offer my views. That is what TMB was made for. TMB was not made for mindlessly shilling Bitcoin.
What price did the people that bought Factom off you deserve to buy it at? I'm heading to the gym, but I'll have to look Factom up later. Sounds like a real digital store of value based off the name.
Im not taking any credit or gloating. I got lucky with this and just letting it keep rolling. I’ve never done research or pay that much attention to it
If we're shitting on Bitcoin count me in. I don't understand anything about it but I love adding to my enemies list.
More comedy from this fraudster: Just remember this exchange the next time user15000/HarrisonBecks brings this guy up.