davidst01 Posted February 23, 2022 Share Posted February 23, 2022 Just now, Muzzique said: I actually build Crypto and Blockchains Yes, sure you do. And Im a brain surgeon. 1 1 Link to comment Share on other sites More sharing options...
davidst01 Posted February 23, 2022 Share Posted February 23, 2022 On 2/15/2022 at 4:41 PM, sirineou said: As far as I can tell , it is pyramid scheme dependent on the greater fool theory, Schemes like that work well until there is no greater fool and you are the greater fool. No doubt you are bitter for missing out buying bitcoin early?? 2 Link to comment Share on other sites More sharing options...
davidst01 Posted February 23, 2022 Share Posted February 23, 2022 14 minutes ago, Muzzique said: I actually build Crypto and Blockchains You dont have to try and impress me. ha ha Link to comment Share on other sites More sharing options...
lkn Posted February 23, 2022 Share Posted February 23, 2022 (edited) 6 hours ago, davidst01 said: No doubt you are bitter for missing out buying bitcoin early?? So what you are saying is that those who bought early will be rewarded, but not us late-comers because we hesitated for too long? Right, that does not at all sound like a pyramid scheme… ???? Edited February 23, 2022 by lkn 1 2 Link to comment Share on other sites More sharing options...
lkn Posted February 23, 2022 Share Posted February 23, 2022 6 hours ago, davidst01 said: Do you know you should keep it on a hardware wallet? You should have at least 3 backups of your private keys, not just a single hardware wallet! Link to comment Share on other sites More sharing options...
Popular Post shdmn Posted February 23, 2022 Popular Post Share Posted February 23, 2022 (edited) Crypto moonboys are investors about as much as gamblers are. Edited February 23, 2022 by shdmn 3 1 Link to comment Share on other sites More sharing options...
pomchop Posted February 23, 2022 Share Posted February 23, 2022 How about a good old fashioned chain letter....what could possibly go wrong? 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted February 23, 2022 Share Posted February 23, 2022 Bitcoin cant go to zero. It goes up and down. It has millions of buyers. 13 years old. If it was going to zero it would have occurred already. 1 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted February 23, 2022 Share Posted February 23, 2022 1 hour ago, shdmn said: Crypto moonboys are investors about as much as gamblers are. Which gamblers are billionaires? 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted February 23, 2022 Share Posted February 23, 2022 2 hours ago, lkn said: So what you are saying is that those who bought early will be rewarded, but not us late-comers because we hesitated for too long? Right, that does not at all sound like a pyramid scheme… ???? No fiat is pyramid scheme. Coins are more like shares. Apple shares were cheap 20 years ago. 1 Link to comment Share on other sites More sharing options...
Popular Post sirineou Posted February 23, 2022 Popular Post Share Posted February 23, 2022 8 hours ago, davidst01 said: No doubt you are bitter for missing out buying bitcoin early?? Is that a statement or a question? Make up your mind. You say "No doubt" but your question marks at the end seem to indicate otherwise. To your question: Not at all. I make rational decisions based on logic and historic trend , and not on Greed. No doubt many have made easy money on bitcoin. but such gains always come at a cost. When I studied economics at University the first lesson we learned was that "there is no such thing as a free lunch" When it is all said and done, someone has to pay. The bitcoin phenomenon is not the first time such situation has occurred , I am sure it goes much ,much further, but it is first documented in the The Dutch tulip bulb market bubble in the mid 1600s when speculation drove the value of tulip bulbs to extremes. When the bubble burst many were left holding the bag. Out of Studying that incident the "Greater fool" phrase was coined. The desire for quick, easy gain is great in all of us, I am not immune, but my strength to resist such impulse has served me well in life. 4 1 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted February 23, 2022 Share Posted February 23, 2022 Inverted hammer buy signal 2 Link to comment Share on other sites More sharing options...
steven100 Posted February 23, 2022 Share Posted February 23, 2022 1 1 Link to comment Share on other sites More sharing options...
Popular Post tonray Posted February 23, 2022 Popular Post Share Posted February 23, 2022 55 minutes ago, Sparktrader said: Inverted hammer buy signal Thai Watsadu 300 baht 1 2 Link to comment Share on other sites More sharing options...
Sametboy2019 Posted February 24, 2022 Share Posted February 24, 2022 I personally wouldn't buy a asset that had a ATH only a few months ago. Alot of people believe Bitcoin has entered a bear market. You would be better off looking at some utility coins that haven't hit a ATH for long while. Link to comment Share on other sites More sharing options...
Sametboy2019 Posted February 24, 2022 Share Posted February 24, 2022 5 hours ago, lkn said: So what you are saying is that those who bought early will be rewarded, but not us late-comers because we hesitated for too long? Right, that does not at all sound like a pyramid scheme… ???? It's late for bitcoin because now it's old technology compared to the next generation blockchain and dag technology. So buying bitcoin now imho may result in gains if you buy at the right time but it's not going to lead to life changing wealth like it used to. Others may argue that it's a digital store of value but where is the value? At least Gold and silver can be used for things. Now the newer technology has the potential to make you very rich but don't trust anyone on the internet. Do your own research! Link to comment Share on other sites More sharing options...
Whale Posted February 24, 2022 Share Posted February 24, 2022 2 hours ago, Sparktrader said: Inverted hammer buy signal I love your posts :+) 1 Link to comment Share on other sites More sharing options...
Whale Posted February 24, 2022 Share Posted February 24, 2022 (edited) 19 minutes ago, Sametboy2019 said: but don't trust anyone on the internet. Never a truer word spoken. The truth is no one knows will it go up, down or stay the same. Today, tomorrow and in the future. The best arrow one can have in one's quiver is scepticism. Edited February 24, 2022 by Whale 1 Link to comment Share on other sites More sharing options...
Pravda Posted February 24, 2022 Author Share Posted February 24, 2022 It's a crypto massacre, lol! 1 Link to comment Share on other sites More sharing options...
steven100 Posted February 24, 2022 Share Posted February 24, 2022 Link to comment Share on other sites More sharing options...
steven100 Posted February 24, 2022 Share Posted February 24, 2022 (edited) Heavy losses on all markets and BTC as just announced Russia officially declares war on Ukraine Edited February 24, 2022 by steven100 1 Link to comment Share on other sites More sharing options...
steven100 Posted February 24, 2022 Share Posted February 24, 2022 Markets tumble worldwide as Russia moves in on Ukraine. Putin just announced on national television. Link to comment Share on other sites More sharing options...
steven100 Posted February 24, 2022 Share Posted February 24, 2022 (edited) Markets tumble as Russia moves into Ukraine. Mr Putin warned other countries that any attempt to interfere with the Russian action would lead to "consequences they have never seen." Edited February 24, 2022 by steven100 Link to comment Share on other sites More sharing options...
Popular Post davidst01 Posted February 24, 2022 Popular Post Share Posted February 24, 2022 5 hours ago, sirineou said: Is that a statement or a question? Make up your mind. You say "No doubt" but your question marks at the end seem to indicate otherwise. To your question: Not at all. I make rational decisions based on logic and historic trend , and not on Greed. No doubt many have made easy money on bitcoin. but such gains always come at a cost. When I studied economics at University the first lesson we learned was that "there is no such thing as a free lunch" When it is all said and done, someone has to pay. The bitcoin phenomenon is not the first time such situation has occurred , I am sure it goes much ,much further, but it is first documented in the The Dutch tulip bulb market bubble in the mid 1600s when speculation drove the value of tulip bulbs to extremes. When the bubble burst many were left holding the bag. Out of Studying that incident the "Greater fool" phrase was coined. The desire for quick, easy gain is great in all of us, I am not immune, but my strength to resist such impulse has served me well in life. I assume you are aged in your 70s or 80s. Its only this demographic who keep mentioning tulips.... Wait for a western government to start buying bitcoin. The price will explode. Its going to happen one day. You have missed out on the biggest financial opportunity in life bc you are old fashioned and blind sighted. 3 Link to comment Share on other sites More sharing options...
Popular Post davidst01 Posted February 24, 2022 Popular Post Share Posted February 24, 2022 7 hours ago, lkn said: You should have at least 3 backups of your private keys, not just a single hardware wallet! Your statement indicates to me that you have no idea what you're talking about 3 Link to comment Share on other sites More sharing options...
Pravda Posted February 24, 2022 Author Share Posted February 24, 2022 I'll go with 7 keys. I like the number. 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted February 24, 2022 Share Posted February 24, 2022 Normal sell off Final desperate sellers Then move up Hold the line gents 1 Link to comment Share on other sites More sharing options...
steven100 Posted February 24, 2022 Share Posted February 24, 2022 (edited) Edited February 24, 2022 by steven100 Link to comment Share on other sites More sharing options...
Sparktrader Posted February 24, 2022 Share Posted February 24, 2022 4 hours ago, tonray said: Thai Watsadu 300 baht Left handed hammers 400 baht 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted February 24, 2022 Share Posted February 24, 2022 Rsi buy Link to comment Share on other sites More sharing options...
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