11-30-2022, 09:40 AM | #89 |
Banned
4999
Rep 4,139
Posts |
the dunning-kruger effect in full form with cyrpto. You can poke so many holes in how you are just gambling on on nothing. Like you are buying currency and hoping it goes up. Who does that? A mysterious :gold coin: that isn't jewelry or a metal.
but BITCOIN BRO |
Appreciate
1
MKSixer34192.50 |
11-30-2022, 10:19 AM | #90 | |
"Salud"
13997
Rep 4,691
Posts
Drives: F01 & F15 / Mineral White
Join Date: May 2013
Location: The GYM! (The Burbs - N TX)
|
Quote:
|
|
Appreciate
0
|
11-30-2022, 11:44 AM | #91 |
YNWA
1069
Rep 820
Posts |
Hilarious FUD from ECB. Wouldn't be necessary if bitcoin truly were useless/scam/slow/etc.
How many times has BTC been "dead" now? The same people who listen to a central bank on decentrilized currency surely must also listen to the pharmaceutical industry on "health."
__________________
/// 2004 Silvergrey M3 · Coupe · 6MT · Slicktop · zero options
/// 2011 Jerez/Bamboo E90 M3 · DCT · Slicktop · IG: @na.s54 |
Appreciate
1
Nachbar8027.50 |
11-30-2022, 11:49 AM | #92 | |
Captain
8028
Rep 674
Posts |
Quote:
Please remind me of this thread in two years and that I'm buying here. Let's see, if I can make the "Lambo gains" again. Last cycle, I did. Edit: please remind me each year 😁 |
|
Appreciate
0
|
12-01-2022, 12:57 PM | #93 | |
Major
1804
Rep 1,011
Posts |
Quote:
|
|
Appreciate
0
|
12-01-2022, 06:13 PM | #94 | ||
Captain
674
Rep 740
Posts |
Quote:
|
||
Appreciate
0
|
12-02-2022, 02:32 AM | #95 | |
C2H5OH
3930
Rep 2,146
Posts |
Quote:
There's something with that tea that didn't fully sink in and follow through. |
|
Appreciate
0
|
12-02-2022, 12:31 PM | #96 | |
Major General
5602
Rep 5,392
Posts |
Quote:
Is your argument that everyone should just carry loans because you're of the opinion that you really don't the home?
__________________
The forest was shrinking, but the Trees kept voting for the Axe, for the Axe was clever and convinced the Trees that because his handle was made of wood, he was one of them.
|
|
Appreciate
0
|
12-03-2022, 04:15 PM | #97 | |
Major
1804
Rep 1,011
Posts |
Quote:
I'm fine with paying property taxes and understand much of it goes to education in my school district. But that has nothing to do with what I'm saying. My point is if someone can legally take something from you because you didn't pay for "X" regardless of what that "X" is, you don't really own it. |
|
Appreciate
0
|
12-05-2022, 05:26 AM | #98 |
Captain
674
Rep 740
Posts |
|
Appreciate
0
|
12-05-2022, 07:17 AM | #99 |
Major General
10253
Rep 8,678
Posts |
Crypto is the without a doubt the best sham to come around in close to 10 years... not quite NFT level but almost there.
So far it has been proven not to be secure, anonymous and somehow involved in the FTX Ponzi lol...you can make money on it but in the end you're playing with fire.
__________________
2 x N54 -> 1 x N55 -> 1 x S55-> 1 x B58
|
Appreciate
4
|
12-06-2022, 11:35 AM | #100 |
Major General
5602
Rep 5,392
Posts |
One of my wife's older (70 y/o) relatives has gotten involved in 1-minute "scalp" crypto trading/bidding. He did his first scalp trade over the weekend using $100K which he turned into $127K. He was so excited and also shocked that he made so much so quickly.
I don't know much about this, but it seems pretty damn sketchy and essentially full-on gambling based on my read of the process. My wife and I are a bit worried that him and his wife will ultimately lose big in the end, basically like a gambling addiction. $100K isn't pocket change to them either. Anyone do scalp trading?
__________________
The forest was shrinking, but the Trees kept voting for the Axe, for the Axe was clever and convinced the Trees that because his handle was made of wood, he was one of them.
|
Appreciate
1
floridaorange10345.50 |
12-06-2022, 12:06 PM | #101 | |
Lieutenant General
11593
Rep 11,147
Posts |
Quote:
|
|
Appreciate
1
ASAP10253.00 |
12-06-2022, 12:06 PM | #102 |
Major
1839
Rep 1,328
Posts |
A currency, without the back of either:
1. A reliable territorial government 2. Representative hard resources that can be exchanged for said currency is monopoly money, pure and simple. Can it be worth something? Of course. Confederate money, basically worthless 100 years ago, can now be worth thousands for each and every bill. But that's because the CURRENCY ITSELF is worth something. It's a "thing". Crypto can be just bits and bytes in the cloud. Not a "thing". Dangerous, and can hurt both people and economies. For individual "people" who get "rich" from it, it can be great. But, for the whole system? Unlikely to be healthy, or helpful long term. Shawn |
Appreciate
2
ASAP10253.00 floridaorange10345.50 |
12-06-2022, 04:03 PM | #103 | |
Major
1804
Rep 1,011
Posts |
Quote:
Oh well. |
|
Appreciate
0
|
12-07-2022, 05:43 AM | #105 |
C2H5OH
3930
Rep 2,146
Posts |
Thought maybe I'd learn something or there may have been something I'd missed.
https://www.google.com/search?q=wher...hrome&ie=UTF-8 Seems I'm still up to date and where the value of things come from. Currency's value comes from goods, services, products, supply, demand, inflation, interest rates ... on and on. While crypto's value comes from supply and demand. There is no workforce. There are no products. If they'd ever get a brain they would stop mining and drive the price up then bail. But the HODL really have no clue. |
Appreciate
0
|
12-12-2022, 03:37 PM | #107 |
"Salud"
13997
Rep 4,691
Posts
Drives: F01 & F15 / Mineral White
Join Date: May 2013
Location: The GYM! (The Burbs - N TX)
|
And now this.... https://www.msn.com/en-us/money/mark...9b4bfccbccf1d6
|
Appreciate
0
|
12-13-2022, 02:33 PM | #108 |
Forced Induction Connoisseur
983
Rep 767
Posts
Drives: 23 X5MC / 23 720s
Join Date: Aug 2020
Location: AZ
iTrader: (0)
Garage List 2024 G87 M2 [0.00]
2023 Mclaren 720s [0.00] 2005 Honda S2000 [0.00] 2008 BMW M3 [0.00] 2023 BMW X5MC [0.00] 1964 Ford Mustang [0.00] 1968 Pontiac GTO [0.00] |
https://www.sec.gov/litigation/compl...pr2022-219.pdf
SBF was a real piece of shit. For the life of me I can't understand why people put their money in a CEX and don't just use it as an on/off ramp. I hope everyone learned.
__________________
Oy vey, look at all these shekels
|
Appreciate
1
Tyga113259.00 |
Post Reply |
Bookmarks |
|
|