Bitcoin

Dr. Mog

Dr. Mog

PhD in moggerology
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If you look at Bitcoin through the lens of a traditional investor, its uselessness is pretty hard to ignore.

It doesn't pay dividends, it doesn't have a CEO, and it doesn't "make" anything.

If you buy Bitcoin today at around $64,000, you are essentially making a bet on Greater Fool Theory; the idea that it’s only worth more tomorrow if someone else is willing to pay more for it than you did.

IMG 2328
 
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If you look at Bitcoin through the lens of a traditional investor, its uselessness is pretty hard to ignore.

It doesn't pay dividends, it doesn't have a CEO, and it doesn't "make" anything.

If you buy Bitcoin today at around $64,000, you are essentially making a bet on Greater Fool Theory; the idea that it’s only worth more tomorrow if someone else is willing to pay more for it than you did.

View attachment 4627758
in other words buy later
 
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Reactions: stigmaboy and mltn2mtn
You think it won’t go up again?
 
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lol @KeepCopingLads ur still on bitcoin? that ship sailed like a decade ago. it's just a pure shitcoin ponzi now. you're gonna get mogged by actual productive assets.
 

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