Post
Topic
Board Bitcoin Discussion
Re: Suicide due to losses due to investment in virtual currency
by
figmentofmyass
on 05/02/2018, 23:24:21 UTC
Sad? Why would it be sad that a moron ended his life because he gambled and lost?

suicide always seems tragic to me, whatever the circumstances, because the root cause is usually social pressure from our fucked up dog-eat-dog society. and herd psychology is very powerful when it comes to markets, especially in an age where speculative finance has become so entrenched in the economy. people losing themselves in the hype and irrational exuberance of the market, then realizing they've lost nearly everything and killing themselves over it? to me, that's nearly the definition of "sad."

it's really no different to me than people jumping to their deaths from buildings in the 1929 crash. this kid's parents are probably heartbroken.

If this story is true, this kid was never mentally prepared for this market.

there's a lot of people involved in this market now who aren't psychologically prepared. Undecided