you can sell real estate instnatly

PLEASE. REAL ESTATE IS HARDLY AS VOLATILE.

NOT AN APT COMPARISON.

volatility and liquidity are two different things

real estate is physical and liquid

people wil always buy it

and sell it

BITCOIN IS AS VOLATILE AS SOME SLUTTY SOUTH AMERICAN COUNTRY.

convince your average wealth management guy to buy bitcoin

he will tell you to fuck off

even if it were a couple of bucks

THEY MATTER WHEN YOU CAN'T LIQUIDATE A POSITION BEFORE YOUR STRATEGY IS COMPROMISED BY VOLATILITY.

wait that's what they did

THIS IS NOT THE CASE IN REAL ESTATE, NOT TO THIS EXTENT.

i know a guy who cashed in at 17k per coin

1 coin

that's an argument from authority without even specifying a specific authority

cashed out his wallet at 12k

I'm not saying you are wrong per se, but your thinking there sucks

it doesn't suck. he couldn't cash out when he wanted so he lost money

due to the massive transaction time

+ the exchange time

he has infinite money

DO YOU KNOW WHY WALL STREET LIKES IT? BECAUSE THEY LAUGH AT THE CHUMPS THAT INVEST IN IT.

all he has to do to get more money is fucking live due to trusts

mother you often substitute mockery for thinking

"OH I'LL TAKE 1 AND 10 TO MANAGE YOUR SHITCOINS FOR YOU, SURE. LOL."

it works on dumber people but not me

I MOCK AND THINK. I THINK SARCASTICALLY.

LET'S SEE. ECOMMERCE FOR SOYCOIN DROPPED YEAR-OVER-YEAR AND CONTINUES TO BE ON THE DECLINE.

titus - your dude sold at 17, but realized 12k of it. IF he invested when it was worth something measured in the hundreds, he'd still have made a fat return

volatility basically ceases to matter on a long enough timeline

@Exilarch I SOUND CRITICAL. IN REALITY, I LOVE BITCOIN BECAUSE IT HAS ENABLED AN ENTIRELY NEW CLASS OF IDIOT TO EXPLOIT.

exactly

there was no way to predict the bubble when it was in the hundreds

there is no way to predict it

so? how do you proceed when you don't know the likely future?

there must be a way to do so

given that most of hte liquid currency is in it due to fucking drugs

@Death Strike's Bat THIS IS TRUE. HOWEVER, AS AN EXAMPLE, YOU CAN BE SOME NOBODY PENNY STOCK, ANNOUNCE YOU'RE DOING AN "ICO" AND SEE YOUR STOCK 240%+ OVERNIGHT.

with traceable transactions