Quote from: HeRetiK on April 01, 2018, 11:55:54 AM

Quote from: freightjoe on April 01, 2018, 11:23:43 AM

Quote from: ahmadakbari on April 01, 2018, 11:14:31 AM

Quote from: freightjoe on April 01, 2018, 11:08:25 AM

Bitcoin is just like any casino or lottery - it is a tax on stupid people who fundamentally do not understand that this is a game they will lose. It is tax on low intelligence.

What are doing here among the stupid community? You are a member in this forum from August, 2017 and you have made 573 posts. I cannot understand why you are wasting your time
Wish you knew how the bitcoin can be useful in near future and how much money have some people earned and how much they are earning.

Casino owners also earn a lot of money - just like people behind crypto exchanges as ell as miners are making a lot of money. But the "investors" are like the gamblers. A few are lucky, just like the guy who wins at the slotmachine, but the vast vast majority will come out of this as losers.

Not everything that involves risk is automatically a casino. If everyone would follow this mindset humanity would still forage and hunt. Not necessarily a bad thing, mind you. But I've heard there's this thing called fire that some of the tribes are using to keep warm and cook their meat. Surely they must be crazy to take such a gamble.

Risk taking is part of what drives mankind forward. With every new innovation its inventor and society is taking a gamble on whether it will improve their lives.

What's your opinion on the stock market? Founding a company? Technological progress?

It is if You are forced to gamble against the odds. Something BTC enthusiasts dont understand - they play against house on very poor odds.

Miners - should be crystal clear? Every halvening = 2 times less for same = pyramid.
"Investors" - often cheated into buying BTC - they gamble too. Its harder and harder to get any positive ROI there. I believe why "market calms down", is that world´s pool of fools is running empty eventually. Its hard for everyone who want to sell, to sell their coins at current prices.