Quote from: ChiBitCTy on February 11, 2018, 02:03:34 AM

Quote from: o_e_l_e_o on February 10, 2018, 10:31:01 PM

The problem with NASDAQ, and all stock markets, is that they are nothing but a Ponzi scheme where people are looking to sell it to the next guy for a higher price. (/s)

This is nonsense and has nothing to do with bitcoin. Bitcoin and cryptocurrency aren't a replacement for traditional investments. When you say things like this it confuses those (likely yourself as well) as to what Bitcoin is meant for.

Bitcoin is a payment system and or store of value (up for debate) but it's not a traditional asset. It uses exchanges like Coinbase and Bitfinex to facilitate it's trade. The Nasdaq, the S&P500 etc are exchanges where the trade of stocks and other investments are facilitated. There's a big difference between products and the exchanges their sold on.

Of course everyone is looking to sell it to the next guy for a higher price. I'd highly recommend picking up some basic investing books and spending a little time to understand how financial markets work because it is clear you do not.

I think you have missed the joke here. On the internet, /s is generally used to indicate that you were being sarcastic. I am simply pointing out the ridiculousness of OP's statement.