Quote from: 600watt on May 14, 2019, 06:52:11 PM

Quote from: toknormal on May 14, 2019, 06:38:15 PM

By the logic of some of the idiotic maximalist comments in this thread, once gold nuggets were dug out of the ground there was no further need for diversification - not minted coins, not account based trading, not paper notes and not lightweight metals. Popular music need not have bothered itself further after the Beatles. The sovereign bond didn't need to be hedged by equities, commodities nor currencies, Fine Art investments were all "scams" after Da Vinci.

Don't you nuttheads get markets or what ? The whole point of them is that they're not tyrannies. There is diversity to address everything from taste to hedging requirements to technical deficiencies and vertical sectors.

Without diversification in the crypto-asset market bitcoin would still be in 3 digits.

jeez. imagine there were no airplanes invented yet. satoshi invents a full functioning modern airplane. it works. provably. and now there are 2 or 3000 others that build "airplanes" that are much cheaper (no wings), much lighter (no engines) or are made out of bamboo. you are saying that people should use those fake airplanes. that is not diversification. just pure scamming of people. alts offer no use case. they don´t fly. the idiotic comments are yours. amazing.

I think he is saying that helicopters can also fly and are not necessarily always 100% sh1t + they have also brought new things to the table like flying just 1 - 3 people a short distance to a city 200miles away that has no airport with a runway...