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"Past performance is not indicative of future results" EDIT: it might be a lawyerspeak, but it is still a good advice: there's a reason why Bitcoin has been do
by mamon 6y ago
"Past performance is not indicative of future results"
EDIT: it might be a lawyerspeak, but it is still a good advice: there's a reason why Bitcoin has been down $14k this week and that reason is the settlement with NYAG in the Tether lawsuit. Situation has changed, there's one fewer scam company there to artificially inflate Bitcoin price, so expect downward trend for at least the next few months.
- ravenstine 6y agoThat phrase is lawyer-speak that only exists for the sake of mitigating liability. Of course every conceivable thing has a non-zero risk.
- wtf_is_up 6y agoI fail to see the relevance of the cliche you've posted here. BTC has 'crashed to hell' all the way down to where it was 07 Feb 2021 after doubling a few times and the parent post is spitefully spiking the football by 'drinking salty tears'. Has nothing to do with predicting the future.