#Cryptocrash

nsacpi said:
well there is a little bit of a back story, which this tweet will help me tell

[tw]1524930093402955803[/tw]

A few years ago I was asked to teach a course on crypto, blockchain technology and some other financial innovations. A couple students objected to my characterization of cryto along the lines of the tweet above. So I told them they could give the last two lectures. Which they did, offering a more positive take on crypto. I just sat quietly in the back listening with some popcorn.

think of crypto as financial Ivermectin.
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If you bought $100 of Bitcoin when Coinbase was founded in June 2012, it would now be worth about $1,500,000.

If you kept the $100 USD you'd only be able to purchase about $73 worth of goods today.

Your poor students. So badly failed from someone they paid a fortune to assuming the academic was intelligent
 
Enscheff said:
Lol the most delusional poster here. Pretend manager with pretend employees hoarding a pretend fortune.

I’ll keep this thread bumped as we track how right you are about crypto. Quick, explain to me how “limited supply” automatically makes it valuable. Toss out all the memes you can think of!!
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As retarded as the lecturing buffoon is, this is still my favorite post on this forum.

Of course, we all know he did not keep the thread updated. And every time I bring it up on the forum he's not a coward on, the moderators step in to protect his tiny ego.

Poor little fella. At least he's got his online poker patents. And his Jim crow laws!

Lol ****ing idiot
 
sturg33 said:
If you bought $100 of Bitcoin when Coinbase was founded in June 2012, it would now be worth about $1,500,000.

If you kept the $100 USD you'd only be able to purchase about $73 worth of goods today.

Your poor students. So badly failed from someone they paid a fortune to assuming the academic was intelligent
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This is amazing stuff .

Wonder if BL has ever rethought any of his postions?

At this point, surely he realizes it
 
It’s astonishing how one person can be wrong so often and with such magnitude. Just embarrassing.
 
And yet at some point you’d have to examine the thought process or resources you you use.

Then again common sense ain’t so common
 
[tw]1869585853938643223[/tw]

I’m pretty pro-consumer protections and all, but I’d have to say I agree with this. I don’t care what tricks they’re pulling, if you buy a bunch of a meme coin because the street interview bj girl told you to, you don’t deserve your money.
 
mqt said:
[tw]1869585853938643223[/tw]

I’m pretty pro-consumer protections and all, but I’d have to say I agree with this. I don’t care what tricks they’re pulling, if you buy a bunch of a meme coin because the street interview bj girl told you to, you don’t deserve your money.
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Agreed. And many are making life changing money on Fartcoin. That's the game of meme coins (I do not recommend any meme coins)
 
sturg33 said:
Agreed. And many are making life changing money on Fartcoin. That's the game of meme coins (I do not recommend any meme coins)
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Yeah, I’m sure you can have great luck on those investments, but if you’re buying something solely because it’s currently overvalued, the odds are you’re already not on the right side of the game.
 
True story. Anti btc friend of mine texted texted me that he tried to warn me about the scam after BTC crashed to $93k

Reminded me so much of nsacpi
 
mqt said:
[tw]1869585853938643223[/tw]

I’m pretty pro-consumer protections and all, but I’d have to say I agree with this. I don’t care what tricks they’re pulling, if you buy a bunch of a meme coin because the street interview bj girl told you to, you don’t deserve your money.
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While I don’t have sympathy for her victims, they are still victims, and she should be charged with a crime. The people handled this launch executed a clear as day rug pull and she profited millions.
 
sturg33 said:
Agreed. And many are making life changing money on Fartcoin. That's the game of meme coins (I do not recommend any meme coins)
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Human traders stand no chance against the algorithms. You become exit liquidity the moment you buy a meme coin.
 
mqt said:
[tw]1869585853938643223[/tw]

I’m pretty pro-consumer protections and all, but I’d have to say I agree with this. I don’t care what tricks they’re pulling, if you buy a bunch of a meme coin because the street interview bj girl told you to, you don’t deserve your money.
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Yeah thats on them. Might as well light your money on fire and sue the lighter maker.
 
[tw]1880507059650859454[/tw]

A bunch of MAGA folks are about to learn the hard way how much ol’ Donnie cares about them.
 
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