Y2K 2.0?
#34
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,160
Crypto had outsized gains because it's a new growth sector and still in an adoption phase. It's also scammy as fk with newcomers selling snake oil to newercomers. There is only one true crypto and it is called Bitcoin. It did not see outsized gains because it is further along in adoption. Bitcoin still has another 100x to go but the 10000x gains came before people even knew how to laugh at it, before there was even such a thing as "crypto", back when there was only Bitcoin and the Lord walked with it in the cool of the day. It's beta value is only about 3 and lots of tech stocks are higher than that.
Good golly, I should be dollar cost averaging into Bitcoin. This could be the bottom, right? Crypto winter's almost over, right?
I think I'll put every dollar I have into Bitcoin now. I'll even get a home equity loan to put moar into bitcoin. With diamond hands and laser eyes, I'll HODL with the best of them.
i think I'll open an account with Celsius; they'll give me $50 in crypto just for opening an account! /s
Bitcoin and all crypto = the latest Dutch tulip variant of Ponzi schemes.
Last edited by Andy; 07-03-2022 at 10:07 AM.
#35
Just commenting on bailouts in general. Could you see American Airlines with it's backing in a major player state like Texas being allowed to disappear?
I don't.
#36
So Bitcoin will go up 100x? From here?
Good golly, I should be dollar cost averaging into Bitcoin. This could be the bottom, right? Crypto winter's almost over, right?
I think I'll put every dollar I have into Bitcoin now. I'll even get a home equity loan to put moar into bitcoin. With diamond hands and laser eyes, I'll HODL with the best of them.
i think I'll open an account with Celsius; they'll give me $50 in crypto just for opening an account! /s
Bitcoin and all crypto = the latest Dutch tulip variant of Ponzi schemes.
Good golly, I should be dollar cost averaging into Bitcoin. This could be the bottom, right? Crypto winter's almost over, right?
I think I'll put every dollar I have into Bitcoin now. I'll even get a home equity loan to put moar into bitcoin. With diamond hands and laser eyes, I'll HODL with the best of them.
i think I'll open an account with Celsius; they'll give me $50 in crypto just for opening an account! /s
Bitcoin and all crypto = the latest Dutch tulip variant of Ponzi schemes.
amen. Very amen…
#38
It’s clear we are at war with Russia by proxy. The USA has already spent more money in Ukraine than the first five years of Afghanistan. There is no way we don’t have operatives on the ground there. The only thing this country hasn’t done yet is put our troops in country, and I mean yet.
#39
Gets Weekends Off
Joined APC: Dec 2010
Posts: 3,090
It’s clear we are at war with Russia by proxy. The USA has already spent more money in Ukraine than the first five years of Afghanistan. There is no way we don’t have operatives on the ground there. The only thing this country hasn’t done yet is put our troops in country, and I mean yet.
#40
I’m always impressed how effective Russian propaganda is, even after the Cold War has fallen, even after their power has shriveled globally and the Ukrainians have proven the 2022 Russian Army is more of a sick old zoo bear than the scary bear we feared in the 1980s.
The sad part is how so many of these Putin apologists are the first to call themselves “patriots”…pathetic and
disgusting.
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