Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
This is very bullbish:
https://www.forbes.com/sites/adamhartung/2017/08/15/a-bitcoin-is-worth-4000-why-you-probably-should-not-own-one/#62308c403b08
Which is complete bullshit. I wonder how those writers got their jobs?https://www.forbes.com/sites/adamhartung/2017/08/15/a-bitcoin-is-worth-4000-why-you-probably-should-not-own-one/#62308c403b08
You'll note that these guys always talk about tulips. At the same time they always ignore what might be considered irrational market behavior for ultra-rich hobbies like art collection of multi-million dollar pieces, at insane values...
...
You add a few of those and you are in the tens of billions range. But no, that's not tulips, that's art "deserving" billions. Right.
Comparing Bitcoin to tulips is retarded at best and completely flawed in every way. How can one not understand the value that Bitcoin sets? We are talking about a whole new payment system/platform and a store of value that is by far superior to any existing financial system and store of wealth (gold sucks FYI). They have a chance now, especially the young, to risk and potentially be rewarded later. However, they choose to let their ignorance and stupidity take over which is why they haven't bought Bitcoin at $1-$10-$100-$1000, et. al. I'll wave down on them once we reach Moon and we built a Bitcoin city on the actual fucking Moon. ...
You add a few of those and you are in the tens of billions range. But no, that's not tulips, that's art "deserving" billions. Right.
I need to get a life. I have been watching these walls too long I guess.
