#Cryptocrash

The academics and NYT can make poor people feel better about this 67% price increase by lecturing them that US and Euro are at parity

i count 4 posts about something that was fake news from a parody account

good job fraud boy
 
bipartisan lunacy

stupid as **** or corrupt? I vote stupid as ****

[tw]1534894872271929344[/tw]
 
remember when you bragged about talking young students out of investing in an asset that exploded 400% in a couple years?
 
Can I see a 10 year growth chart of Bitcoin versus say Amazon?

any asset's value is some combination of its fundamental value plus a speculative element which we can call a bubble

Amazon has probably had a significant bubble element in recent years as is also the case for the stock market generally

But the bubble element for crypto is around 99% of its current value...that makes it much different than a company like Amazon
 
it seems to be losing a bit of air

the kids you deprived of this air would be up 400% at today's prices... while true 6 months ago would have been more than double that... thems the breaks.

I assure you they are not going to bed thanking professor nsacpi for talking them out of buying it for $1,000
 
any asset's value is some combination of its fundamental value plus a speculative element which we can call a bubble

Amazon has probably had a significant bubble element in recent years as is also the case for the stock market generally

But the bubble element for crypto is around 99% of its current value...that makes it much different than a company like Amazon

There will be 99 losers for every 100 crypto assets.

Bitcoin will survive and be the best returning asset of the 21st century.
 
There will be 99 losers for every 100 crypto assets.

Bitcoin will survive and be the best returning asset of the 21st century.

while you were gone you missed nsacpi bragging about he talked his students out of buying bitcoin years and year ago... which deprived them of the best performing asset class over that time period (by a lot)
 
while you were gone you missed nsacpi bragging about he talked his students out of buying bitcoin years and year ago... which deprived them of the best performing asset class over that time period (by a lot)

Oof
 
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