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walkingman

(7,580 posts)
9. I view BC the same as I do the celebrity mega-rich. It is all about taking
Fri Oct 15, 2021, 07:01 PM
Oct 2021

advantage of the vast amount of people that put there money into "hot people" or those that like to simply gamble. Obviously there is the element of money-laundering but in reality BC is no different that other currencies - If you have faith in it, and it is legal tender for goods and services, it is just another currency.

I don't get the social media celebs so I cannot understand most of the crypto movement. I imagine some will prosper and some will lose - only time will tell.

I really don't care.....

10 trillion market cap will be the next peak, maybe? ColinC Oct 2021 #1
Wrong forum for this... MisterProton Oct 2021 #18
This is really iffy. nt joetheman Oct 2021 #2
I'm still long on tulip bulbs... Moostache Oct 2021 #3
Various flowers have seen boomlets and madness Here is one I had not heard of empedocles Oct 2021 #5
Yep. I said the same thing when I sold all 20 my bitcoin at $1,000 fescuerescue Oct 2021 #6
I've avoided a lot of unethical money making opportunities in my lifetime. No regrets. hunter Oct 2021 #7
Curious how bitcoin is any more unethical than regular gambling or other purely speculative ColinC Oct 2021 #8
Fortunately I'm extra ethical in other areas fescuerescue Oct 2021 #15
Completely flawed analogy. Tulips are not fungible, not durable, and involved a massively Celerity Oct 2021 #16
'Extraordinary Popular Delusions and the Madness of Crowds' - McKay empedocles Oct 2021 #4
I view BC the same as I do the celebrity mega-rich. It is all about taking walkingman Oct 2021 #9
No, it's not "just another currency." hunter Oct 2021 #10
Good point, and I agree. Government regulation (like China) could change the best laid plans. walkingman Oct 2021 #11
I agree. But that's also the point fescuerescue Oct 2021 #13
Gold is not associated with any currency. hunter Oct 2021 #17
I wasn't "pro Bitcoin" until China was against it. But now if they don't like it then I'm all for it ZonkerHarris Oct 2021 #12
China is weird. That have banned it probably a dozen different times fescuerescue Oct 2021 #14
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