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My stocks are worthless to me, other than hoping to sell high for the next sucker.
by AuryGlenz 5y ago
My stocks are worthless to me, other than hoping to sell high for the next sucker.
- marcosdumay 5y agoIt's not whether they are useful for you, it's whether they are useful for anybody at all. If they did never and will never pay a dividend or have a buyback, then yes, they are a pyramid. But it was just a matter of thinking a bit about it. Everybody knows what Bitcoin is useful for: cyber-extortion and evading capital restrictions. There are even good reasons for practicing the last one... With that in mind, BTC still behaves like a bubble, but proving it's actually one depends on a quite laborious process of comparing the volumes and estimating how they will evolve.