Fear of missing out

counter_violent

Legendary member
10,465 2,756
96% of WSJ economists say Bitcoin is a bubble [ http://www.forexlive.com/news/!/96-of-wsj-economists-say-bitcoin-is-a-bubble-00-20171218 ]

"If it looks like a duck, and quacks like a duck, it's a duck," said Diane Swonk, founder of consultancy DS Economics.


"The news of new highs seems to beget more action and a new high-a clear sign of a bubble," said Amy Crews Cutts, chief economist at credit-reporting agency Equifax.


"Now that deep envy has set in amongst those who do not own bitcoin it seems this mania can enter the final stage; one which can exist for quite some time before panic and crash come into play," said Constance Hunter, chief economist at accounting firm KPMG LLP."


but they don't know 5_h!t, here is a conspiracy theorist instead, he knows it all.
96% of the establishment said Brexit would be a bad idea. Still happened though didn't it !

Ditto Trump.
 

FXX

Experienced member
1,188 211
96% of the establishment said Brexit would be a bad idea. Still happened though didn't it !

Ditto Trump.
So your logic is to compare unrelated historical events where the outcome was unexpected for the vast majority. What exactly are the odds of any given event of significance resulting in an unexpected surprise? I bet you can't give a number on this but it's okay to use it as evidence to an argument. Wouldn't it be prudent to at least know your odds before throwing your weight behind it? You are basically expecting a given outcome without considering an alternative outcome.

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counter_violent

Legendary member
10,465 2,756
So your logic is to compare unrelated historical events where the outcome was unexpected for the vast majority. What exactly are the odds of any given event of significance resulting in an unexpected surprise? I bet you can't give a number on this but it's okay to use it as evidence to an argument. Wouldn't it be prudent to at least know your odds before throwing your weight behind it? You are basically expecting a given outcome without considering an alternative outcome.

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It wasn't unexpected at all :LOL:

That's the difference between "those in the know" and "the herd"
 

FXX

Experienced member
1,188 211
It wasn't unexpected at all [emoji38]

That's the difference between "those in the know" and "the herd"
Of course, fortune telling at its best. You seem to have experience in this department. Amazon crystal ball or argos?

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counter_violent

Legendary member
10,465 2,756
As usual, the readers comment are the best part.

http://www.bbc.co.uk/news/business-42386893

Nocoiner:

A Nocoiner is a person who has no Bitcoin. Nocoiners (usually Socialists, Lawyers or MBA Economists ) are people who missed their opportunity to buy Bitcoin at a low price because they thought it was a scam, and who is now bitter at having missed out. The nocoiner takes out his or her bitterness on Bitcoin Holders, by constantly claiming that Bitcoin will crash, is a scam, a bubble.
 

FXX

Experienced member
1,188 211
As usual, the readers comment are the best part.

http://www.bbc.co.uk/news/business-42386893

Nocoiner:

A Nocoiner is a person who has no Bitcoin. Nocoiners (usually Socialists, Lawyers or MBA Economists ) are people who missed their opportunity to buy Bitcoin at a low price because they thought it was a scam, and who is now bitter at having missed out. The nocoiner takes out his or her bitterness on Bitcoin Holders, by constantly claiming that Bitcoin will crash, is a scam, a bubble.
Wait wait.... Nope, nothing there, not even am ounce of regret or bitterness.

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Brumby

Established member
593 138
Co-founder of Bitcoin.com sells all his Bitcoins, says it’s “as good as useless”
Emil Oldenburg cashes out
The Swedish co-founder at CO of bitcoin.com is out of the crypto currency which he called "virtually unusable" in an interview with the local press (translated version).
Oldenburg has lived in Tokyo for the past three years where he's received his salary in Bitcoin. Now, he said slow transaction speeds and high transaction costs have made him look elsewhere.
It's not a huge surprise given that he founded the site with "Bitcoin Jesus" Roger Ver in 2015. Ver has thrown his clout behind Bitcoin Cash.
"An investment in bitcoin right now I would say is the most risky investment you can make. It is an extremely high risk. I've actually sold all my bitcoins recently and switched to bitcoin cash," he said.
"When I sold my BTC I had to pay 50 dollars and wait 12 hours for the transaction to go through because of this. It's completely unreasonable," he said.
His comments are likely why Bitcoin Cash jumped today.
(Source :Forexlive)
 

Quantt

Established member
944 59
As usual, the readers comment are the best part.

http://www.bbc.co.uk/news/business-42386893

Nocoiner:

A Nocoiner is a person who has no Bitcoin. Nocoiners (usually Socialists, Lawyers or MBA Economists ) are people who missed their opportunity to buy Bitcoin at a low price because they thought it was a scam, and who is now bitter at having missed out. The nocoiner takes out his or her bitterness on Bitcoin Holders, by constantly claiming that Bitcoin will crash, is a scam, a bubble.
How many coins do you have?
 

Quantt

Established member
944 59
None.

Not sure how many times I have to say "working on strategies" but i'll get involved when all prep work done and not before.
The irony is that you are posting about "nocoiners" :)
 
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new_trader

Legendary member
6,510 1,413
The people who are making a fortune out of cryptos bought them when they were cheap and held onto them...now it requires "strategies" to make money...apparently...
 

FXX

Experienced member
1,188 211
So let's get this straight, you are confronting everyone that debates against bitcoin and call it the answer to fiat money while not owning a single coin.

Bwaahahahahahahaha


Sorry I just had to release that. Feel better now. Please continue dissing fiat and promoting cr@pcoin (oops I mean bitcoin)

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