Bitcoin / Cryptocurrency Discussion (And Predictions)

[Timmy C]

Is this the most viewed thread on the forum? If not, it's gotta be a top 5.

And it's essentially speculation at that. Even in this little corner of the world where people come together united under a shared mindset of "CENTS" and fastlane philosophy, something that is essentially 100% out of our control is the reigning topic.

To me, this is on par with downloading Draft Kings or hanging out at /r/wallstreetbets. Like what the F*ck are we doing here people?

Outside of some very basic knowledge/research of how all of this works and what the future potential might be, none of us should be wasting time participating in this. It's chasing money at it's finest, every second you spend analyzing, researching crypto is contributing nothing towards producing something of value.

It'd be very interesting to hear this thread shift to selling shovels; eg, ideas and businesses that can cleanup the environmental mess that crypto contributes to.

There is plenty of investing/stock market threads/ real estate threads on the forum as well, I don't see them get flamed like this asset class does.

I think it's been repeated to death that crypto is just an investment, it isn't some special snow flake.

''The stock markets down, better go shit on any investors in that thread as well, and repeat stuff people already know''

Everyone gets it.

You wanna know how much time I spend researching crypto crap? Zero now. Hardly ever.

Its like the vegan thread here, but the investment type.

"This is an entrepreneur forum, why are we talking about eating plants"

Same energy.

 

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[biophase]

lol.

Price today $67k, to get to $500k over 15 years …that’s 7.46x gain.

Over 15 years!!!

And you want to go all-in?

I don’t understand posts like yours.

That’s a 15% return a year for 15 years. I think many of us would take a major investment in that if guaranteed.

Not sure what you need consider something a good investment.