2 ms·
I really really don't understand how anybody can look at a long term graph of bitcoin price and still think people were "tricked" into anything. It's... I don't
by radu_floricica 4y ago
I really really don't understand how anybody can look at a long term graph of bitcoin price and still think people were "tricked" into anything. It's... I don't know, I firmly believe there a lower limit of due diligence needed for something after which "tricking" just isn't a right word. You google "btc price" and you get a nice graph with all the info you need.
They could be mistaken - or not. Right now odds are maybe 4:1 for each price peak to be surpassed in about three years. Even if it won't and it turns out to be a bad investment, the odds make it a pretty legitimate decision, right or wrong.
- jacquesm 4y agoSo does that translate for you into "I'm buying BTC"?
- radu_floricica 4y agoshrug I haven't touched the right/wrong part, and I did it on purpose. All I said is that it's a legitimate decision. When an Alzheimer grandma gets a call with a great business opportunity and loses all her savings, that's a scam. When somebody invests maybe too much in bitcoin because his gym buddy told him so, that's at worst a bad decision (or a great one, depending on when he did the investment).