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Anecdata... I went to the local bar alone recently because I had to get out of the house for a contractor to do some stuff on the weekend. As I sat and had a co
by kurthr 9y ago
Anecdata... I went to the local bar alone recently because I had to get out of the house for a contractor to do some stuff on the weekend. As I sat and had a couple of beers, I listened to the bartender, an Uber driver, and an aesthetician discuss ICOs, Bitcoin, and altcoins (Eth) for an hour. They had no idea what it was and I didn't really have much interest in bursting their bubble... they were all convinced they were going to win the lottery with the stuff... which websites had the best ICO deals listed, etc. I ended up with a few BtC because in the early days it was fun to set up a computer for mining so that was the story I told.
When your cabbie/bartender is telling you about ICOs, it's time to start thinking which fool you're selling blockcoin to.
- Animats 9y agoWhen your cabbie/bartender is telling you about ICOs... That's a line from 1929, when a financier (Bernard Baruch?) made a similar comment, and decided it was time to bail.
- blacksmythe 9y ago>> cabbie... This was a good predictor of the ~2001 top of the tech boom.