Bitcoin

Dr. Mog

Dr. Mog

PhD in moggerology
Joined
Nov 4, 2022
Posts
5,445
Reputation
12,868
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
 
  • +1
Reactions: stigmaboy and KeepCopingLads
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
 
  • +1
Reactions: stigmaboy and mltn2mtn
You think it won’t go up again?
 
  • +1
Reactions: stigmaboy
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.
 

Similar threads

Gudliferr
Replies
15
Views
89
LTG
LTG
a7lass
Replies
1
Views
65
a7lass
a7lass
Noriju
Replies
1
Views
98
KeepCopingLads
KeepCopingLads
Lamskiiii
Replies
12
Views
138
Lamskiiii
Lamskiiii
lmnopq
Replies
6
Views
277
sejlol
S

Users who are viewing this thread

Back
Top