Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 21/09/2019, 02:55:02 UTC
Cavemen IQ folks like me, MicG, his team and like-minded BTC HODLers (and BTC accumulators), don't really give too many ratt's asses about details.

This is completely normal in pump and dump scams, Ponzi schemes, and pyramid schemes.  If people like you did not exist, the afforementioned scams would never work and we would have no word to describe their existence.

Yeah, but some of us are getting rich along the way, too.  Of course, if BTC were to suddenly go to zero, as you would like to hypothesize, or even bleed to zero, then many of us true BTC believers would get screwed because we would be buying all the way down.

Bitcoin has been going on for 10 years (this ponzi scheme that you want to hypothesize), and there have been quite a few people cashing out quite well along the way, too.

Let's say that the ponzi scheme goes another 10 years or 20 years... gosh, even 5 years, CavemanIQ guys like me, MicG, and other hodlers are likely going to still benefit stupendously, no?

Your ponzi scheme assertion just does not seem to make a whole lot of sense when we extrapolate it out another 5 years or more.

I will actually agree that for anyone getting into BTC, and if they do not have at least 5 years to build up vast equity in BTC, then they might not have time to cash out.  Also, some younger guys (and gals) might not be ready to retire, so they may need to cash out some BTC along the way in order to insure themselves from NOT benefitting from the BTC uptrends.  Anything is possible, but the facts don't really seem to be on your  side here, roach.  So if the facts are not quite there, then your ponzi scheme logic does not fit, either.