Message from @TomTupperware
Discord ID: 396041255148060673
third world california
LOLOLOLOLOLOLOLOL
"grow up"
other than their faggy OMG like GROW UP 😢 tone, which is totally unnecessary, I think crypto indexes make sense and predicted years ago that somebody would make one
this is honestly quite a development, as people such as Goldman Sachs getting in on the game means that the floodgates are about to REALLY open
as now people will be able to invest in bitcoin through typical measures such as ETFs. Now normal retards are going to be owning a lot more of it in a hurry, which is going to pump the price hugely and permanently
after that, the only room for growth left is when people start getting offered a certain percentage of crypto index fund in their retirement portfolios
or rather, at that point and only at that point will price growth be exhausted
as long as it stays viable as a means for transaction and won't inflate, even if all the anonymity/decentralization aspects were completely shot to hell, it would still retain value I believe
but the explosive growth will be over at that point when every sperg in america owns it
then at that point will be the time when it's just another wedge of portfolio to maintain a percentage of, and the whole speculation game will be basically over
but as things currently stand, I expect 10x+ price growth once the bitcoin ETFs come out, as something like 5% of people know how to buy bitcoin but like 50% of people know how to fart around with a stock brokerage account
@More 9/11 Than 7-11#1922 @vry_o same reason he sold out dmu.
To star wars and 1000 word reviews of rehash metal.
@Exilarch it makes sense until you realize it sucks as a currency and isn't real.
So don't invest much of your total in it
Anyone on the sidelines is a pussy and anyone with double digit percentages invested is a retard
See the issue is you don't really know it's shit tech, you could be entirely wrong and look like a fool when everyone but you gets rich. I on the other hand admit I do not know, and play the odds as an unapologetic gamble but with a sensible strategy. Neither of us know how it will go but at least I admit it
If you know for a fact it's gonna tank then why aren't you finding a way to short it? If you're right it should be a slam dunk
1. Not backed by force
2. Long transaction times
3. Easily stolen and laundered
4. Built in money trail so dirty money is always dirty.
5. Propped up by it literally being FBI evidence and a social experiment by the creator. When the case closes, the silk road wallet will sell at public auction when the FBI cashes out and the real value shown to retards. Big cash outs crashed the price before.
I already cashed out when it was a few hundred bucks.
So short sell it
@Exilarch don't have the cash to right now. Tied up in other shit I need to sell and impossible to predict the crash
Dumb
Sounds like you know so much that you know not to even bother making a profit in the first place
short selling bitcoin is easy money
You can't make a large profit and it's hugely volatile
haram tho
It's not guaranteed money.
So?
betting on the price of bitcoin dropping is guaranteed money I think
no money is guaranteed
It's just a bubble that's not even increasing anymore.
I Have sound reason to suspect it will continue and Goldman Sachs agrees
When it comes to matters of money people are extremely egotistical. Their true nature as solipsists comes out as they pretend what they wish is what the truth is, and if reality disagrees with their wish then the prophecy just hasn't come true yet. They ignore, argue, justify, pretend to be experts, anything to avoid the greatest of all horrors - admitting they don't actually know.
I don't give a shit about what the wall street jews thnk
they're just going to try to pump up the bubble before it crashes
the fact that the doings of people with billions of dollars is of no interest to you is really telling
and get in on it