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comment by nowaypablo
nowaypablo  ·  2297 days ago  ·  link  ·    ·  parent  ·  post: Your grampaw on Bitcoin

I'm overhearing conversations about Bitcoin all throughout campus. Especially in the last week. Hell, the old ladies at the barbershop were talking about buying Bitcoin this morning. The majority at my school are not tech-savvy outside of their academic specializations, investment-savvy, or even appear to be up-to-date at all on society from 2012 onward.

It makes me nervous that everyone here is buying up. Or at least talking about it. I don't have evidence or knowledge to back up why it ought to make people nervous, but I feel like yelling the end is nigh.





veen  ·  2297 days ago  ·  link  ·  

I had the exact, ominous feeling with the bull run from 1000 to 3000. It made the news, there was water cooler talk, yet here we are. I can't deny that feeling isn't present...but it's uncharted territory.

kleinbl00  ·  2297 days ago  ·  link  ·  

It's a common adage that when the crowd finds an investment the profit is gone. There are people and institutions with a reason to hold Bitcoin other than "so I can sell it to someone else" but they are in the minority.