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| danny_galaga:
Lock it in buddy! |
| fallacy:
Don’t panic and … |
| yotsuya:
Yeah, I dunno --- this reminds me of the early 2000s, when investors were funneling money into dotcoms and stuff because it was the "wave of the future". I mean, how do you explain stuff like this: https://www.msn.com/en-us/money/markets/a-parody-cryptocurrency-just-broke-dollar2-billion-for-its-market-cap/ar-BBI4k9P?li=BBmkt5R&ocid=spartandhp If you can profit from it, great, but I'd be cautious. |
| fallacy:
I'm not stupid this ---steaming pile of meadow muffin--- is a complete joke. But I asked myself... "Self" do I think this stupid ---steaming pile of meadow muffin--- is going to continue through the month of January, February (at the very least) and my answer was yes 90% sure it will. This is a weird time and there is some easy money to be made here; probably wont see something like this for another 15 years. |
| dkersten:
It's a completely speculative market with no basis behind it, essentially gambling. But hey, if you can afford to lose it, go for it. I only wish I had played with mining a decade ago. I am not sure if I am horrified or laughing hysterically over the fact that one of the first bitcoin transactions was 20k bitcoin for 2 pizzas... At ~ $15k for a bitcoin lately he only paid $300 million for those pizzas... A good friend of mine is playing with bitcoin, he is about $3500 in and about $32k up. He can afford to lose the $3.5k, but I keep telling him to cash out his investment and play with the casino's money. On the other hand, he bought a PC game about 6 months ago thinking it was cool he bought it in bitcoin, and 4 months later realized the amount of bitcoin he spent was now worth over $500... Of course he didn't spend $500 on it, but the perception is that he did, just like the pizzas cost that other guy $300 mil. I think it's because in my perspective, the U.S. dollar is the basis for everything material. The 2 dollars per hour I was making 35 years ago is, in my mind, the same as 6 dollars today. But at the same time, a $50 video game 30 years ago is not worth $150 today. It's a paradox, lol. I have a hard time seeing crypto currencies as anything more than poker chips. |
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