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re: Is WikiTiger the richest person on Tigerdroppings?

Posted on 10/20/17 at 9:06 pm to
Posted by Doc Fenton
New York, NY
Member since Feb 2007
52698 posts
Posted on 10/20/17 at 9:06 pm to
I was always interested in those Bitcoin discussions more as a theoretical question about monetary policy and the regulation of financial crimes and cross-border capital controls, rather than as a practical investment. So I was always cool to the speculative aspect of things.

That being said, I remember some of those old threads from years back, and the Money Talk mob that made fun of WikiTiger acted like such complete morons. It's hilarious to reflect back upon it now and think about all the many dumb things that were said ("Ponzi scheme!") and thrown his way.

I gotta say, it would sorta seem like justice for him to get rich off that stuff.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 10/20/17 at 10:51 pm to
quote:

I was always interested in those Bitcoin discussions more as a theoretical question about monetary policy and the regulation of financial crimes and cross-border capital controls, rather than as a practical investment. So I was always cool to the speculative aspect of things.

That being said, I remember some of those old threads from years back, and the Money Talk mob that made fun of WikiTiger acted like such complete morons. It's hilarious to reflect back upon it now and think about all the many dumb things that were said ("Ponzi scheme!") and thrown his way.

I gotta say, it would sorta seem like justice for him to get rich off that stuff.


I think you confuse the arguments. Hardly, if any, put serious effort in saying he couldn't make money as it was just as volatile then as it is now; just higher volumes.

The problem then still exists today, I can ask 10 people about bitcoin and get 10 different answers.

I can go to 10 different transaction sites and get 10 different processes.

Sure, I get this spill about "deregulation" but that does nothing for the day-to-day consumer arguements that were mostly had.

It is a cool technology but has yet to be made practical.

Even now no one can clearly say what it is or why the price increases of falls. They look at ceilings as their gauge.

This post was edited on 10/20/17 at 10:53 pm
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