ET Looney Aug 12, 2017 11:28 AM
Cryptocurrencies are a type of pyramid scheme because there is no underlying asset for our purchase.
We hope that there are ten greater fools in the future for every buyer today.
Ride the bubble while it lasts and then get physical assets with the trade.
I stated a week or two ago that I would likely buy some gold for BTC once the price got to over $3700. I thought it would take weeks (it was about $3100 then). Price spiked too fast. I’m not even back yet but may order anyway.
It does feel toppy here… Still, I will not sell all of my BTC. If I order like I did before., my hodl-ings will be ALL GRAVY.
Luck.—–
I think I got it…
Bitcoinz trades 24/7/365. No other tangible does this.
Bitcoinz trades 24/7/365. No other tangible does this.
Imagine GOLD/SILVER trading Freely all weekend…
Investors want action at ALL HOURS of the day/night…
They are F’ing the exchanges…
Investors want action at ALL HOURS of the day/night…
They are F’ing the exchanges…
Im more convinced that the Beauty is in the 24/7 Activity, liquidity, with no Robot manip to fuck the prices for the Banks…
Imagine if you had to buy your groceries from 9:30 to 4:00, with no weekends…?
Total Bullshit… thats how the investing sheeple have been conditioned…
Total Bullshit… thats how the investing sheeple have been conditioned…