Cryptocurrencies: scams and skullduggery

This is a discussion on Cryptocurrencies: scams and skullduggery within the Cryptocurrencies forums, part of the Markets category; Morgan Stanley says the true price of bitcoin might be zero http://www.businessinsider.com/morga...-value-2017-12 Possibly the saddest bitcoin chart ever is included ...

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Old Dec 24, 2017, 5:59pm   #33
 
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Quantt started this thread Morgan Stanley says the true price of bitcoin might be zero

http://www.businessinsider.com/morga...-value-2017-12

Possibly the saddest bitcoin chart ever is included in the article :-)
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Old Dec 24, 2017, 6:55pm   #34
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Jees if I get one more email from a scammer telling me how to trade bitcoin I will,go mad !!!


Hahahahah

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Old Dec 24, 2017, 6:56pm   #35
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Originally Posted by Quantt View Post
Morgan Stanley says the true price of bitcoin might be zero

http://www.businessinsider.com/morga...-value-2017-12

Possibly the saddest bitcoin chart ever is included in the article :-)
Unlike fiat currencies ?
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Old Dec 24, 2017, 7:23pm   #36
 
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Unlike fiat currencies ?
At least they are accepted everywhere
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Old Dec 24, 2017, 8:12pm   #37
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At least they are accepted everywhere
Of course they are, the smart people have been getting rid of them in exchange for real assets.

The study you and NVP should be doing is looking at all the major currencies and deciding if they have been getting collectively stronger or weaker since the crisis of 2008. If you find that the answer is "weaker", then you have a real conundrum. Where did my purchasing power go? Who is stealing from me? Why have my wages not risen in real terms? Why is everything more expensive?

Anyway, as the saying goes, "you can lead a horse to water, but you cannot make it drink". People need to come to their own realisations about what is going on. Unless of course, they have a vested interest in maintaining the status quo.
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Old Dec 24, 2017, 8:19pm   #38
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. . .Unless of course, they have a vested interest in maintaining the status quo.
. . .like what Morgan Stanley do!
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Old Dec 24, 2017, 8:31pm   #39
 
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. . .like what Morgan Stanley do!
Agree. Article and responses wildly off skew imho.

Not worth reading as full of inaccurate assumptions and even worse conclusions.
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Old Dec 24, 2017, 9:01pm   #40
 
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. Where did my purchasing power go? Who is stealing from me? Why have my wages not risen in real terms? Why is everything more expensive?
Frankly, it makes me sad you feel that way, especially around Christmas... unfortunately bitcoins is not going to be your salvation especially this late in the game... maybe move to another country to start fresh or something...
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My number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
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