Can we speak freely, or is this a censored board?
Mods, I will gladly edit anything that is bad tOS, but I want to discuss BTC aftermath with other seasoned minds.

Let's talk.

If you never liked Bitcon, this thread is us. I always saw this as a total bubble 2.0
You knew these CluckCoin ICO's were a money grab.
Pure tulip mania with celeb rappers and everything.
PT Barnum lives on!

Face it, part of me is vindicated after being called old-economy fools
who were status-quo dummies using cash and "outdated "credit cards
Well, I don't feel dummy now?

All these genius SV tekkie podcasters touting the future. How they were going to leave all the old economy Luddies behind.
Where are all these smug 25 year olds now? Welcome to grown up, your first bear market, kiddo. Hodl new global economy!
Wealth building is more complex than buying tulips, ain't it, son?

In 2017, you came here to see what kind of suckers were buying Bitcon (clueless naive retail investors)

In 2018, you are here again to see the .com aftermath play out again, as the suckers will HODL to $0.
(I will not sell at anything below $20k!!) Those of us who have seen bubbles past have seen this thinking over and over.
It never ends well.

We can agree that Bitcon is a failed technology.
9 years, and it has basically zero adoption.
No one uses Bitcon after 9 years.
Why? B/c its a joke.
Slower, more complex, and more costly ($50 a transaction!)
Anyone who thinks Bitcon will get adopted does not have the first clue about how technology works

We can also agree that Bitcon is also a failed speculative vehicle.
It is 80% off the high.
The public will never pile in with FOMO again.
So, it's game over.

Replace the USD Fiat? LMAO.
Clueless investors who think they understand monetary policy by reading a Wikipedia page.

What were some of your favorite Bitcon memes?
Let's hear some stories you've heard of.

shoeshineBro

Posts

Merits