Post
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Board Long-term offers
Re: Bitcoin Savings and Trust | Home
by
hazek
on 03/07/2012, 15:01:12 UTC
But consider for a moment the (possibly very small) possibility that he really has found an excellent way to make money.

Actually no, I will not consider that, like at all. ^ this does not exist on this planet. There is no "secret" way of making money with no risk, there is either legit based on sound fundamentals money making or there are frauds and scams. Every time someone discovers a new way to make money with such a high return it's almost always because they are the first to enter the market providing an actual good or service or they just discovered a significant technological advancement giving them a huge edge over the rest of the market, neither state of the market can last for a long period of time because competition soon follows and diminishes your slice of the market pie.

As for finances, finances are nothing but skimming off the top by providing less friction to the flow of money, if there's any place where unusual high returns aren't possible, it's finances, at least not without significant risk.

What pirate claims to be able to do is therefor quit likely impossible in the short term and absolutely impossible in the long term. The only possible explanation that I would consider is if he is involved in something governments made rules about forbidding it, something like the drug trade or weapons trafficking, ect.. all possibilities of which likewise carry significant risks.


So yeah.

Anyway, I'll be perfectly happy if he doesn't go bust and if all of you make a lot of money or if he does go bust and all of you "investors" just chalk up your loses to the risk you knew you were taking going in. I'm just afraid many will cry and scream and get hurt because they were under the false impression of just how risky their "investments" really were.