Quote from: realr0ach on May 05, 2019, 04:02:42 PM

Quote from: El duderino_ on May 05, 2019, 03:52:12 PM

Quote from: realr0ach on May 05, 2019, 03:39:18 PM

Trollgoossens,

In 2017 the founder of Morgan Creek Capital Investment nailed it: "Only gamble was whether #Bitcoin would make if from $0 to $100, that was the real miracle. Going from $4,000 to $40,000 or $400,000 is easy".

https://twitter.com/RedditBTC/status/1125026735727226881

That's completely wrong and par for the course of the bullshit you link to try and scam people every day. Complete scams with zero fundamentals go from $0 to $100 ALL THE TIME. What the hell do you think Bitconnect is? Fundamentals are NOT required for that to happen, only for it to not implode and go to zero once the greater fools dry up. Bitcoin is a longer running scam simply because it takes a high amount of intelligence to do proper due dilligence on it and figure out transaction validators are designed to centralize so it has no reason to exist.

Bitcoin has built-in rent seeking middlemen and doesn't remove counterparty risk, and doesn't even have the required traits to qualify as money or a commodity in the first place like fungibility. It has no reason to exist compared to physical metals. It's a permissioned ledger. The only question is how long can the pump and dump go on zero fundamentals before there's a rush for the exits back to metals again. The crux of the situation is that the Jew bankers are trying to rig metals to prevent them from going up while trying to rig digital shitcoins up instead in order to try and lure people into a cashless society slavery system.

Difference is that BitConnect had one entity that could instantly extract all the cash out of the system. It was also a 100% obvious and transparent scam with no value proposition whatsoever.

Also, you keep running the same talking points. Bitcoin is not a permissioned ledger. You are free to process and broadcast your own transactions or employ any number of the payment processors/accelerators.

And metals are still a shitshow. You make some decent arguments here and there when you're not going on and on about Jews or PMs, so it really puzzles me how you fail to understand that metals are going the way of the dodo a generation or two down the road. Except that dodos will be brought back at some point.
And in the short-term Bitcoin clearly has the superior expected value even without riding the waves up and down.