3 ms·

"People who are confident in themselves and have the guts to go alone...they don't want any government protection, matter of fact they never asked for it and do

by jariel 5y ago

"People who are confident in themselves and have the guts to go alone...they don't want any government protection, matter of fact they never asked for it and don't want to pay for it." ??? Yeah, all those people living in 'countries' are kind of weak, what their 'laws', 'regulations', 'infrastructure' like roads, bridges, and 'education'. More seriously "BTC success" - no, BTC is a total failure as a currency, nobody is using it. People are piling in for a variety of reasons, but even as a 'store of value' it's probably the 'least good option' where real estate, stocks, bonds, commodities - or a very low cost ETF would serve considerably better. Leaving it no reason to exist other than as a hyped up scheme. I won't bother to respond to the rest of your treatise other than to point out the obvious, which is that BTC is not remotely a solution to any of the things you're hinting at as being wrong.

ObserverNeutral 5y ago
> I won't bother to respond to the rest of your treatise other than to point out the obvious, which is that BTC is not remotely a solution to any of the things you're hinting at as being wrong. People who try and find "real solutions" to stuff, they miss out on narrative driven price appreciation. Just saying...we are traders and investors not world builders. Our job is to predict whatever goes on in people's minds and how will they express their vision in the capital markets...predict, anticipate and position. It's really all there is to it. > Real estate, ETFs, stocks etc. That's not what price says, price says that btc outperformed all those things, denying that is foolish, I remind you that the market is like the ocean, you don't fight the ocean, you position to ride the strong waves it provides us.
- jariel 5y ago
  A 'store of value' is something that maintains it's price, not something wildly volatile, with regulatory unknowns that could affect price. BTC is not a 'store of value' is a wild speculation. "People who try and find "real solutions" to stuff, they miss out on narrative driven price appreciation. Just saying...we are traders and investors not world builders." Yes - it's clear that you're not a 'builder', but thankfully there are a lot of people out there not distracted by Ponzi schemes, who are actually 'doing things'.
  - ObserverNeutral 5y ago
    > A 'store of value' is something that maintains it's price, not something wildly volatile, with regulatory unknowns that could affect price. As Nassim teaches us, "long term stability is only achieved via short term volatility" Also "stability=stasis" > Yes - it's clear that you're not a 'builder', but thankfully there are a lot of people out there not distracted by Ponzi schemes, who are actually 'doing things'. You are the one who is against and adversarial towards btc. People who are secure about themselves, they just ignore something if they don't agree with it, they don't hate on it and call it in a derogatory way. If you are sure and secure about your strategy of increasing your net worth by doing things vs. trading, then why are you attacking btc with such vitriol?

by jariel 5y ago

ObserverNeutral 5y ago

> I won't bother to respond to the rest of your treatise other than to point out the obvious, which is that BTC is not remotely a solution to any of the things you're hinting at as being wrong. People who try and find "real solutions" to stuff, they miss out on narrative driven price appreciation. Just saying...we are traders and investors not world builders. Our job is to predict whatever goes on in people's minds and how will they express their vision in the capital markets...predict, anticipate and position. It's really all there is to it. > Real estate, ETFs, stocks etc. That's not what price says, price says that btc outperformed all those things, denying that is foolish, I remind you that the market is like the ocean, you don't fight the ocean, you position to ride the strong waves it provides us.

jariel 5y ago
A 'store of value' is something that maintains it's price, not something wildly volatile, with regulatory unknowns that could affect price. BTC is not a 'store of value' is a wild speculation. "People who try and find "real solutions" to stuff, they miss out on narrative driven price appreciation. Just saying...we are traders and investors not world builders." Yes - it's clear that you're not a 'builder', but thankfully there are a lot of people out there not distracted by Ponzi schemes, who are actually 'doing things'.
- ObserverNeutral 5y ago
  > A 'store of value' is something that maintains it's price, not something wildly volatile, with regulatory unknowns that could affect price. As Nassim teaches us, "long term stability is only achieved via short term volatility" Also "stability=stasis" > Yes - it's clear that you're not a 'builder', but thankfully there are a lot of people out there not distracted by Ponzi schemes, who are actually 'doing things'. You are the one who is against and adversarial towards btc. People who are secure about themselves, they just ignore something if they don't agree with it, they don't hate on it and call it in a derogatory way. If you are sure and secure about your strategy of increasing your net worth by doing things vs. trading, then why are you attacking btc with such vitriol?