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re: All the nothing burgers stock/crypto predictions and guru's who use graphs

Posted on 3/19/24 at 7:35 pm to
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40886 posts
Posted on 3/19/24 at 7:35 pm to
quote:

This couldn't be more incorrect. It is all based around the halving events that is occuring April 20th. I suggest you do a little research before.


This guy proves my point about crypto analysis.. Because Bitcoin miner rewards are going to be cut in half that is the utility that drives the price up. There is no use case, no product to sell with income. This is the basis of their analysis.

Not even getting into other crypto securities not named Bitcoin, most where the only use case was to make the initial founders rich through basically MLM schemes for men
This post was edited on 3/19/24 at 7:37 pm
Posted by Saunson69
Member since May 2023
1926 posts
Posted on 3/20/24 at 3:52 pm to
You don't get it. Who gives a shite whether there's a company and profits behind it? I'm not pretending it does. It makes money and that is all that matters.

Not another investment on earth has returned >100,000,000% in a little over 10 years. No one is pretending that it has profits behind it. The cycle happens every time. If something has happened like clockwork 4 times in a row, that is plenty evidence to show it'll happen again.

Sorry you're angry you missed out and now you hate on it bc everyone else is making money besides you. Who gives a shite whether there's any profits behind the company, that doesn't matter one bit. All that matters is if it increases and is liquid.

I just think people who think that has reach an all time high and never again will it peak above where it is now are so dumb considering it literally is up over 100,000,000% all time and shows no signs of slowing down.
This post was edited on 3/20/24 at 3:56 pm
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