Hysterical, noticed some common themes with people so vocally against. The one I've seen the most is people of average intelligence who think they are highly intelligent.Lol the title of this thread makes me chuckle.
Still Hodling since $15k
Thats funny too. I consider myself low Iq but unorthodox and i think outside the mainstream.Hysterical, noticed some common themes with people so vocally against. The one I've seen the most is people of average intelligence who think they are highly intelligent.
If true, nothing wrong with that either, the most important thing is being self aware and open to new ideas. Don't let ego or insecurity get in the wayThats funny too. I consider myself low Iq but unorthodox and i think outside the mainstream.
I was listening to an interview with the chair of the economics department at harvard, where he explained that any economist would never see a value in bitcoin. It's all empty hype.Hysterical, noticed some common themes with people so vocally against. The one I've seen the most is people of average intelligence who think they are highly intelligent.
For every academia professor/chairman that is so immersed in their scholastic bubble and makes wide generalizations/sweeping statements about what "everyone should do what I say because I work at an ivy league school", I know dozens more of incredibly successful hedge fund managers that are participating in the real world markets that fundamentally believe the exact opposite. What's more, they are actively putting their money where their mouth is. Regardless of how Bitcoin preforms on a macro timeline, cryptocurrency is here to stay. Whether or not the concept of decentralized finance stays around - and everyone should hope to God it does - remains to be seen admist the possibility of government intervention but investing in Bitcoin today is a relatively safe bet... especially because of what has happened last year and what is happening now.I was listening to an interview with the chair of the economics department at harvard, where he explained that any economist would never see a value in bitcoin. It's all empty hype.
Not everyone who owns bitcoin is a moron, but anyone who knows anything about financial markets would only own btc with the goal of finding a bigger moron later to sell to at a higher price. The price is dumb now, and will probably get dumber in the future. That doesn't make it smart.
Incorrect, every major financial and tech company is making their play in this market and some of the greatest minds in each are fully on board. Who cares what professors have to say, most have no real life experience or are invested in the old system. Suggest you drop your ego and look into it more. I went to school for econ, worked at an investment management firm all through my 20's and have a lot friends are still in that industry, this is not some fad. If you understand network effects and metcalfes law you can see a very clear trajectory. Would love to hear some of your arguments besides just calling it "dumb"I was listening to an interview with the chair of the economics department at harvard, where he explained that any economist would never see a value in bitcoin. It's all empty hype.
Not everyone who owns bitcoin is a moron, but anyone who knows anything about financial markets would only own btc with the goal of finding a bigger moron later to sell to at a higher price. The price is dumb now, and will probably get dumber in the future. That doesn't make it smart.
For every academia professor/chairman that is so immersed in their scholastic bubble and makes wide generalizations/sweeping statements about what "everyone should do what I say because I work at an ivy league school", I know dozens more of incredibly successful hedge fund managers that are participating in the real world markets that fundamentally believe the exact opposite. What's more, they are actively putting their money where their mouth is. Regardless of how Bitcoin preforms on a macro timeline, cryptocurrency is here to stay. Whether or not the concept of decentralized finance stays around - and everyone should hope to God it does - remains to be seen admist the possibility of government intervention but investing in Bitcoin today is a relatively safe bet... especially because of what has happened last year and what is happening now.
Don't even get me started on how the whole Gamestop stock situation (especially brokerages freezing trading, etc) is a wet ****ing dream for anyone bullish on crypto. Two entire generations have been massively disenfranchised in participating in markets that their parents used when it became apparent how rigged it is. That isn't going to undo itself. You cannot put the toothpaste back in the tube.
BTC will hit $100,000 at some point this year, there is absolutely no question. I don't know how high it will go this cycle, but we will see a $250,000+ Bitcoin this decade.
It's comical at this pointHere's song dedicated to the nocoiner Bitcoin haters:
There are good chances that the morons buying at 1 millions usd will be those calling btc a ponzi now.I was listening to an interview with the chair of the economics department at harvard, where he explained that any economist would never see a value in bitcoin. It's all empty hype.
Not everyone who owns bitcoin is a moron, but anyone who knows anything about financial markets would only own btc with the goal of finding a bigger moron later to sell to at a higher price. The price is dumb now, and will probably get dumber in the future. That doesn't make it smart.
Yep...Bitcoin is going to infinity, because the FED can print an infinite amount of dollars.There are good chances that the morons buying at 1 millions usd will be those calling btc a ponzi now.