Cryptocurrency

[Cdub100 3,907]

3 hours ago, GutterBoy said:

 

 

He didn't accidentally describe a Ponzi. He was real and upfront about people stealing from others. Tell me about Theranos or the 20 electric car companies.  This kid of sh1t is all over finance and is not selective to crypto.

[TimHauck 2,868]

24 minutes ago, Cdub100 said:

He didn't accidentally describe a Ponzi. He was real and upfront about people stealing from others. Tell me about Theranos or the 20 electric car companies.  This kid of sh1t is all over finance and is not selective to crypto.

Didn’t he describe it like it was a legitimate business model though?

[TimHauck 2,868]

35 minutes ago, Cdub100 said:

If that's true then our entire monetary policy is a Ponzi. Which is probably correct.

Not really the case with the US Dollar

[nobody 2,671]

Just for clarity, a Ponzi scheme is using new money to pay off returns to early investors.

[GutterBoy 2,899]

6 hours ago, Cdub100 said:

He didn't accidentally describe a Ponzi. He was real and upfront about people stealing from others. Tell me about Theranos or the 20 electric car companies.  This kid of sh1t is all over finance and is not selective to crypto.

So you're defending the illegetimacy of crypto by saying that other scams exist?

[Cdub100 3,907]

8 hours ago, TimHauck said:

Didn’t he describe it like it was a legitimate business model though?

Watching the video and hearing him laughing throughout because of how absurd it is people would invest in X coin. Your first clue is when he talks about building a box that's going to change the world in 38 days then he says to ignore what it does because it might do nothing. Then he goes on to say there's no compelling reason to expect profit from this box. Anyway I'm not going to explain the whole video, but to me it's pretty clear he's describing how scam yield farming / zombie S&P companies work.

[Cdub100 3,907]

2 hours ago, GutterBoy said:

So you're defending the illegetimacy of crypto by saying that other scams exist?

The difference is not all crypto is a scam just like not every company on the S&P is a scam. 

You have a minor in finance so you should know how a legitimate yield farming/liquidity pool works. Or maybe you couldn't see over the desk that day.

[GutterBoy 2,899]

Still looking at 100k this year fellas?

Btc broke from the risk on trade, not a good sign.

[nobody 2,671]

Bitcoin is back, baby!  Maybe frozenbeernuts can come back when it gets back to 35k.

[iam90sbaby 2,610]

If someone told me back in 2016-17 that Bitcoin was "collapsing" and the price "plummeted" to $30,000 I'd be a happy man. Just like I am now. 

[iam90sbaby 2,610]

On 5/28/2022 at 7:18 AM, GutterBoy said:

Still looking at 100k this year fellas?

Btc broke from the risk on trade, not a good sign.

You're a smart guy, what do you think is a good investment? You throw alot of shade out so I'm really curious.

[GutterBoy 2,899]

14 minutes ago, iam90sbaby said:

You're a smart guy, what do you think is a good investment? You throw alot of shade out so I'm really curious.

Whatever I say you're just gonna mock it anyway, but I'm just in blue chip dividend paying defensive ETFs.

[edjr 6,580]

Maybe Amber Heard can pay Depp in Bitcoin? 

[iam90sbaby 2,610]

12 minutes ago, GutterBoy said:

Whatever I say you're just gonna mock it anyway, but I'm just in blue chip dividend paying defensive ETFs.

No I won't, lol. 

Anything specific?

[GutterBoy 2,899]

6 minutes ago, iam90sbaby said:

No I won't, lol. 

Anything specific?

USMV, DIVO, DSTL.  

I'm old and like my investments to be in real companies that make money

[WhiteWonder 2,735]

47 minutes ago, GutterBoy said:

Whatever I say you're just gonna mock it anyway, but I'm just in blue chip dividend paying defensive ETFs.

as opposed to all the mocking you dont do in this thread? 

[GutterBoy 2,899]

2 minutes ago, WhiteWonder said:

as opposed to all the mocking you dont do in this thread? 

Which is exactly why I expect him to mock me, even if it makes no sense.  He's butthurt for all the sh!t I give crypto.

[WhiteWonder 2,735]

2 minutes ago, GutterBoy said:

Which is exactly why I expect him to mock me, even if it makes no sense.  He's butthurt for all the sh!t I give crypto.

 

so why is it that you can mock and give crypto shit but then when asked about your own investment ideas you have to preface it by saying "durr you're gonna mock me but..." 

[Alias Detective 1,400]

Crypto sliding again.

[Hardcore troubadour 15,425]

6 minutes ago, WhiteWonder said:

 

so why is it that you can mock and give crypto shit but then when asked about your own investment ideas you have to preface it by saying "durr you're gonna mock me but..." 

Hey. That’s toxic masculinity. Cut it out. Gutter is triggered by it. 

[GutterBoy 2,899]

9 minutes ago, WhiteWonder said:

 

so why is it that you can mock and give crypto shit but then when asked about your own investment ideas you have to preface it by saying "durr you're gonna mock me but..." 

Because I know exactly why he's asking me.  He doesn't care about any investment ideas I have, he just wants to mock me.  Besides, I'm not some investing genius anyway.

[GutterBoy 2,899]

3 minutes ago, Hardcore troubadour said:

Hey. That’s toxic masculinity. Cut it out. Gutter is triggered by it. 

Looks like this faggit is butthurt from the other thread.  Sorry I owned you, faggit.

[WhiteWonder 2,735]

5 minutes ago, GutterBoy said:

Because I know exactly why he's asking me.  He doesn't care about any investment ideas I have, he just wants to mock me.  Besides, I'm not some investing genius anyway.

i'm not saying you're wrong but you more or less exist in this thread just to mock or bash crypto so.....

[Horseman 2,458]

8 minutes ago, GutterBoy said:

Because I know exactly why he's asking me.  He doesn't care about any investment ideas I have, he just wants to mock me.  Besides, I'm not some investing genius anyway.

You're no genius, that's for sure.

[GutterBoy 2,899]

Just now, Horseman said:

You're no genius, that's for sure.

Oh this is clever.  Got any more gems to drop on us?

[Hardcore troubadour 15,425]

3 minutes ago, Horseman said:

You're no genius, that's for sure.

Well, he is smarter than everyone here. He even said so. 

[Horseman 2,458]

3 minutes ago, GutterBoy said:

Oh this is clever.  Got any more gems to drop on us?

Yeah, let's start here:

56 minutes ago, GutterBoy said:

USMV, DIVO, DSTL.  

I'm old and like my investments to be in real companies that make money

A Blackrock fund and two ETFs.  You don't even know what companies are in there let alone classify them as "real".  You aren't investing in "real" companies, you're paying fund managers to think for you.

[iam90sbaby 2,610]

1 minute ago, Horseman said:

Yeah, let's start here:

A Blackrock fund and two ETFs.  You don't even know what companies are in there let alone classify them as "real".  You aren't investing in "real" companies, you're paying fund managers to think for you.

Not to mention they all use blockchain, lol.

[GutterBoy 2,899]

1 minute ago, Horseman said:

Yeah, let's start here:

A Blackrock fund and two ETFs.  You don't even know what companies are in there let alone classify them as "real".  You aren't investing in "real" companies, you're paying fund managers to think for you.

Actually they tell you what they are investing in, and yes I'm paying someone else to think for me, I can afford to.  It's their job, they are better at it than me.

You do your own research into all your investments do ya?

[GutterBoy 2,899]

1 minute ago, iam90sbaby said:

Not to mention they all use blockchain, lol.

There is nothing wrong with the blockchain technology.  It's not the holy grail, but the technology itself serves a purpose.

lol

[Horseman 2,458]

3 minutes ago, GutterBoy said:

Actually they tell you what they are investing in, and yes I'm paying someone else to think for me, I can afford to.  It's their job, they are better at it than me.

You do your own research into all your investments do ya?

So who did you pay so they could tell you what to think about crypto since you're an admitted investing moron?   

 

[GutterBoy 2,899]

1 minute ago, Horseman said:

So who did you pay so they could tell you what to think about crypto since you're an admitted investing moron?   

 

Nope, not an admitted investing moron.  Didn't pay anyone to tell me about Crypto.  Is that all you got?

[Horseman 2,458]

1 minute ago, GutterBoy said:

Nope, not an admitted investing moron.  

29 minutes ago, GutterBoy said:

Besides, I'm not some investing genius anyway.

 

[GutterBoy 2,899]

Just now, Horseman said:

 

Horseman logic:  If you're not a genius, then you're a moron.

[Horseman 2,458]

1 minute ago, GutterBoy said:

Horseman logic:  If you're not a genius, then you're a moron.

Full circle.

23 minutes ago, Horseman said:

You're no genius, that's for sure.

[iam90sbaby 2,610]

3 hours ago, GutterBoy said:

There is nothing wrong with the blockchain technology.  It's not the holy grail, but the technology itself serves a purpose.

lol

So Blockchain technology is good, but arguably the best Blockchain, BTC, is bad?

[GutterBoy 2,899]

29 minutes ago, iam90sbaby said:

So Blockchain technology is good, but arguably the best Blockchain, BTC, is bad?

You really don't understand the difference between Blockchain and Bitcoin?

[iam90sbaby 2,610]

30 minutes ago, GutterBoy said:

You really don't understand the difference between Blockchain and Bitcoin?

Oh I do, do you? Satoshi Nakamato?

[GutterBoy 2,899]

2 minutes ago, iam90sbaby said:

Oh I do, do you? Satoshi Nakamato?

I do, but your previous statement shows you probably dont

[Cdub100 3,907]

3 minutes ago, iam90sbaby said:

Oh I do, do you? Satoshi Nakamato?

You could just ignore him...