4 ms·
Yeah. The difference is you don't have people claiming the SPY or Netflix will triple each year for the next ten years. People have literally commented that abo
by roflyear 4y ago
Yeah. The difference is you don't have people claiming the SPY or Netflix will triple each year for the next ten years. People have literally commented that about BTC and other crypto. The thought process people have regarding crypto is entirely different. It's a completely different beast. Closer to something like GME, but at least with GME GameStop was able to sell stock and pay off their debts...
- DANK_YACHT 4y agoCathie Wood has said she expects ARKK to get 50% annual returns[0] despite being down 57% YTD and over 30% since she made the statement (more than BTC). Pointing to what "others" have said as some type of broad argument about an underlying security doesn't make sense. There are charlatans everywhere. [0] https://www.etf.com/sections/features-and-news/cathie-wood-snaps-back-critics-predicts-50-annual-returns?nopaging=1 https://www.etf.com/sections/features-and-news/cathie-wood-s...
- roflyear 4y agoif you're saying the sentiment of the average bitcoin investor isn't that this will make them wildly rich (or their hope, anyway) you're lying.