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comment by mk
mk  ·  387 days ago  ·  link  ·    ·  parent  ·  post: Pubski: November 22, 2017

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  ·  387 days ago  ·  link  ·  

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

bfv  ·  387 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  ·  387 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  ·  387 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  ·  387 days ago  ·  link  ·  

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

mk  ·  387 days ago  ·  link  ·  

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