5 ms·

what is wrong with that? Knowing that eventually it will blow up and knowing when that will occur are two different things.

jacquesm 5y ago
A huge asteroid will hit Earth. There. Now are you going to call me this amazing prophet or just some schmuck who stated the obvious?
- civilized 5y ago
  "Bitcoin will fail, it's just a matter of when" would not be considered an obvious opinion, or even an acceptable one, among most Bitcoin enthusiasts.
  - jacquesm 5y ago
    I think that even the most die-hard Bitcoin enthusiast will be aware of the fact that nothing lasts forever. And for now Bitcoin seems to have outlasted the most recent asteroid impact. Seriously, any 'prophet' that tells you what will happen but not when is not worth listening to because they are just throwing out random stuff in the hope that something will stick. Which of course eventually it does. In NL we have a similar figure, one 'Maurice de Hond', he predicts stuff all the time, forgets his failures and accents his successes and people lap it up. It's embarrassing.
  - tartoran 5y ago
    The Dollar wont last forever either. If I say “nothing will” it appeases the statement but it is just an obvious generality
- adolph 5y ago
  Well, are you shorting precious metals that will be on the asteroid or what?
  - jacquesm 5y ago
    Absolutely. I'll milk that impact for all it's worth. Too bad I'll be too busy evaporating myself to cash in on it but for a very short while I'll be the richest man on Earth ;) And I'll re-invest my riches into start-ups that aim to deal with very fast climate change. https://www.youtube.com/watch?v=bU1QPtOZQZU https://www.youtube.com/watch?v=bU1QPtOZQZU Applications are open.
- analog31 5y ago
  I realize it's an aside from the point you're making, but the red flag for me is that a prediction without a timeline is meaningless. If someone says "the market will crash," and doesn't tell you when, then it's not a prediction.
  - jacquesm 5y ago
    That's exactly it.

jacquesm 5y ago

A huge asteroid will hit Earth. There. Now are you going to call me this amazing prophet or just some schmuck who stated the obvious?

civilized 5y ago
"Bitcoin will fail, it's just a matter of when" would not be considered an obvious opinion, or even an acceptable one, among most Bitcoin enthusiasts.
- jacquesm 5y ago
  I think that even the most die-hard Bitcoin enthusiast will be aware of the fact that nothing lasts forever. And for now Bitcoin seems to have outlasted the most recent asteroid impact. Seriously, any 'prophet' that tells you what will happen but not when is not worth listening to because they are just throwing out random stuff in the hope that something will stick. Which of course eventually it does. In NL we have a similar figure, one 'Maurice de Hond', he predicts stuff all the time, forgets his failures and accents his successes and people lap it up. It's embarrassing.
- tartoran 5y ago
  The Dollar wont last forever either. If I say “nothing will” it appeases the statement but it is just an obvious generality
adolph 5y ago
Well, are you shorting precious metals that will be on the asteroid or what?
- jacquesm 5y ago
  Absolutely. I'll milk that impact for all it's worth. Too bad I'll be too busy evaporating myself to cash in on it but for a very short while I'll be the richest man on Earth ;) And I'll re-invest my riches into start-ups that aim to deal with very fast climate change. https://www.youtube.com/watch?v=bU1QPtOZQZU https://www.youtube.com/watch?v=bU1QPtOZQZU Applications are open.
analog31 5y ago
I realize it's an aside from the point you're making, but the red flag for me is that a prediction without a timeline is meaningless. If someone says "the market will crash," and doesn't tell you when, then it's not a prediction.
- jacquesm 5y ago
  That's exactly it.