Sato Nagai
:
I'm just sick and tired watching people get burned again and again, even lose their life betting, this is no FUD but think about this, when you think you can make life changing money with leverage and press the button, who's the other side is gonna pay you?
10baggerbamm
:
you're just picking a number out of your ass just like Kathy Woods this is a very binary transaction it's either it will go up or it will go down because there's no product there's no use of it yet except from a store of wealth as an asset class and not all asset classes will generate an increase in value. you can look at Platinum for example it's done shit hasn't even kept pace with inflation. copper that's an asset it's done shit as well you can go down the list with commodities that are viewed as assets and they haven't kept pace with inflation. so just picking an arbitrary number means nothing it may go there but you know what the sun's definitely going to supernova at some point in time that I'll guarantee
Sato Nagai
10baggerbamm
:
sure, but why Platinum in the first place? it's done shit for a reason, copper on the other hand is always in line with inflation, have you done aircon piping recently? you can check the price increases a lot, for me the technology behind btc has not much difference with file sharing with torrent, tell me why bitcoin cash (BCH) doesn't follow BTC value? because it has no value, people know it's a copy, it's a copy of something that has no value at all, just imaginary that people trust their life in peer to peer ledger
Sato Nagai : I'm just sick and tired watching people get burned again and again, even lose their life betting, this is no FUD but think about this, when you think you can make life changing money with leverage and press the button, who's the other side is gonna pay you?
10baggerbamm : you're just picking a number out of your ass just like Kathy Woods this is a very binary transaction it's either it will go up or it will go down because there's no product there's no use of it yet except from a store of wealth as an asset class and not all asset classes will generate an increase in value. you can look at Platinum for example it's done shit hasn't even kept pace with inflation. copper that's an asset it's done shit as well you can go down the list with commodities that are viewed as assets and they haven't kept pace with inflation. so just picking an arbitrary number means nothing it may go there but you know what the sun's definitely going to supernova at some point in time that I'll guarantee
Daniel Jeya Raman : You can short the coin for now.
Sato Nagai 10baggerbamm : sure, but why Platinum in the first place? it's done shit for a reason, copper on the other hand is always in line with inflation, have you done aircon piping recently? you can check the price increases a lot, for me the technology behind btc has not much difference with file sharing with torrent, tell me why bitcoin cash (BCH) doesn't follow BTC value? because it has no value, people know it's a copy, it's a copy of something that has no value at all, just imaginary that people trust their life in peer to peer ledger