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Topic
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Merits 7 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
xhomerx10
on 13/10/2021, 12:31:42 UTC
⭐ Merited by El duderino_ (4) ,LFC_Bitcoin (3)
Haha found this funny article: https://www.forbes.com/sites/adamhartung/2017/08/15/a-bitcoin-is-worth-4000-why-you-probably-should-not-own-one/?sh=40081f113b08

Pay attention to the date it was published (Aug 2017). The conclusion was the best part haha:

Quote
Unless you are a professional trader, or you simply want to gamble, stay away from Bitcoins.  They have no inherent value, because they are a currency which represents value rather than having value themselves.  The Bitcoin currency is not managed by any government agency, nor is it backed by any government.  Bitcoin values are purely dependent upon holders having faith they will continue to have value.  Right now the market looks a lot more like tulip mania than careful investing.

So beware guys, Bitcoin is a bubble.  Grin
I am curious what he will do after he sees this bubble Grin

Maybe he is crying not involving in bitcoin.

There must be thousands of such articles. That one was published in Forbes, which is prestigious, but I think a compilation of articles warning that Bitcoin had no intrinsic value and the like would be enough to write a book.

Btw, thanks to xhomerx10 for designing my new hat.

 Just in case Poker Player is ever wealthy enough to drop the sig campaigning (but we know that never happens... isn't that right @LFC_Bitcoin?), these are his new WO habiliments.

 

avatar-sized