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comment by nowaypablo
nowaypablo  ·  116 days ago  ·  link  ·    ·  parent  ·  post: Pubski: November 22, 2017

It's official, my roommate lost everything gambling on cryptocurrency. He went 80% of his savings and cash in on a two-week-old coin that turned out to be a scam. The other 20% is tied up in a crypto ponzi scheme that he was sure would give him steady returns, except he is unable to ever pull out. Him and some other kids in my company are now "investing" with a guy named Teeka Tiwari who runs a pump-and-dump scheme out of Florida on coins with very low market caps. Oh and they owe him a couple grand each per annum for his, uh, financial guidance?

Anyway, I'm finally going home for the first time since the summer on 4 days of Thanksgiving leave. Taking my mom to the Met for an opera, catching up w friends in my hometown/NYC, and being irresponsible with alcohol.

Also, haven't smoked cigarettes in a month!

mk  ·  116 days ago  ·  link  ·  

I assume bitconnect is the ponzi.

I went to a BCH meetup Saturday night in SF. My mind was blown. My intention was to weigh some opinions in the space, particularly on BTC/BCH developments. Most of the people I spoke with (and I spoke with most of those present) had no clue what they were buying. Almost no clue at all. It was disturbing to me. I knew that there are plenty of people buying crypto that weren't following the technical aspects, but didn't expect them to be the majority at a BCH meetup.

In short, there are a lot of people buying digital assets that will be worthless in due time, because they can't make distinctions beyond price. Good times for Tiwari.

kleinbl00  ·  116 days ago  ·  link  ·  

I think one cannot truly understand the cryptocurrency ecosystem until one has browsed the Facebook groups.

bfv  ·  116 days ago  ·  link  ·  

Sometimes I forget that the future turned out both weirder and more boring than expected, and then I see "the cryptocurrency ecosystem" and "Facebook groups" used in the same sentence.

steve  ·  116 days ago  ·  link  ·  

    there are a lot of people buying digital assets that will be worthless in due time, because they can't make distinctions beyond price.

it feels like a good time to hodl.... or maybe to dump a few... and then buy back in after they crash things...

veen  ·  116 days ago  ·  link  ·  

    "My Daughter Bought Bitcoin. It Went Up, Now She Thinks She Is A Genius"

It's from a JP Morgan exec but I'm pretty sure it represents the vast majority. Including myself, until I actually did my homework.

ButterflyEffect  ·  116 days ago  ·  link  ·  

I typically let the other geniuses tell me when to, insomniasexx...a bit facetious, but, you know.

mk  ·  116 days ago  ·  link  ·  

That was part of Jamie Dimon's market manipulation. Seems that he thinks he's a genius.

johan  ·  116 days ago  ·  link  ·  

Congrats on the non-smoking, I just passed the three-week mark for the second (hopefully last!) time this year. Enjoy your time off!

nowaypablo  ·  115 days ago  ·  link  ·  

I know it comes and goes. Not my first time quitting, but when you really feel the urge to quit you gotta make that deal with yourself and take your willpower out for a spin now and then. Good luck buddy!

demure  ·  110 days ago  ·  link  ·  

which opera?

nowaypablo  ·  109 days ago  ·  link  ·  

Thais, written by an old Frenchie. It was a wildly corny plot but the production and the show they put on at the Metropolitan Opera is always amazing. I also just enjoy the general atmosphere of the Met Opera because everyone dresses up, looks good, and is in generally positive spirits.