Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#46
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And this post was sent from my iPad and will be read by lots of people using Apple products. |
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#47
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Personally, I'm pretty satisfied with the Oracle of Omaha's guidance and that I didn't bet on MLM/Ponzi based crypto. It seems that quite a few didn't/don't - feel the same way.
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#48
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The Greater Fool Theory is the idea that, during a market bubble, one can make money by buying overvalued assets and selling them for a profit later, because it will always be possible to find someone who is willing to pay a higher price. And Bitcoin isnt even an asset, unless you thought a Tulip was an asset in the 1600s. With Crypto exchanges declaring bankruptcy and halting redemptions, perhaps reality is setting in .. SELL SELL SELL .. but to whom ?
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#49
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Now bitcoin has been a lot more volatile than (a lot of) other currencies over the years but it may settle down and become an actual thing. And then you might just wish you had some. Or maybe it'll go to zero, who knows? And with that I'm off to buy some $4.35/gal gas! Joe |
#50
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Just a quick crypto update:
Terra Luna - $40 billion of investors money lost 3AC - from $10 billion in assets to bankruptcy Voyager - owes $1.3 billion to 100,000 creditors Celsius - owes millions to over 100,000 creditors, files for bankruptcy with no inherent value behind the letters and numbers, its just another ponzi scheme, and mostly taken advantage by criminals finance guy |
#51
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Joe |
#52
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Bitcoin is a digital property...The other cryptos are Securities.
Anyway...Cookies are bad for you. |
#53
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#54
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John Law would be proud that Central Bank Counterfeit is still going on...and on...and on. |
#55
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"Chainalysis" - look it up before using your digital currency for nefarious purposes
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#56
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OOPS, there goes another
OOPS, there goes another
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#57
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priceless |
#58
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Bitcoin has no incremental buyer at these levels. It’s about Fomo and conning institutions to jam money into a finite space to get the price up. Will be plenty of bag holders
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#59
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Priceless Last edited by MorTech; 08-12-2022 at 02:19 AM. |
#60
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Jeebus, people! At least watch the video before commenting. You might have to watch it a few times to grasp the concepts. Bitcoin is available to everyone on Earth with access to a $50 smartphone.
The full discussion is here: https://www.youtube.com/watch?v=49FhysfWX1M |
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