Post
Topic
Board Bitcoin Discussion
Re: Buy a can of Coca-Cola for 500$ - it's cheap
by
freightjoe
on 08/02/2018, 15:45:48 UTC
This is how many Bitcoin people in here are arguing:

I saw some people buy a can of Coca Cola for 2000$ just a month a ago.

Now I can buy a can of Coca-Cola for only 500$, it is cheap!!


Bitcoin is not cheap at 6000$. It is make-believe toy money with no real value apart from some novelty value for people who like to have cryptos for fun.

This is the third thread you have started just this morning filled with nothing but FUD.

How exactly is this FUD? I am making the argument that just because an overvalued asset decline to a lower - but still overvalued - level, does not mean that it is a good price.

Do you have any argument or are you just crying "FUD" because you mistakenly believe that if you shut up opinions you don't like than you make-believe cryptomoney will rise in value?