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re: For all those who opposed WikiTiger and Bitcoin

Posted on 12/13/17 at 2:36 pm to
Posted by schwartzy
New Orleans
Member since May 2014
9589 posts
Posted on 12/13/17 at 2:36 pm to
You'd have roughly $800,000 if you did and left it alone.
Posted by gorillacoco
Baton Rouge
Member since Oct 2009
5325 posts
Posted on 12/13/17 at 3:20 pm to
quote:

Mother fricker go read wikis post on why btc would take off. Personally think ethereum will be the crypto to really take off but wiki and many other preached about btc way ahead of time and gave legit reasons why it was the future


This is like someone buying a stock or investing in real estate before it does really well, and then they get this idea that they are personally just really smart or good with money and that's why they knew that this was a good investment. And then watch how their stocks perform after that. They got lucky one time and then they can't replicate it. If they could they'd be a fund manager and would consistently beat the market, which over the long term literally almost no one can do, and if you can, you're one of the richest people in the world. Buying single stocks is like buying lottery tickets.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65272 posts
Posted on 12/13/17 at 3:44 pm to
quote:

This is like someone buying a stock or investing in real estate before it does really well, and then they get this idea that they are personally just really smart or good with money and that's why they knew that this was a good investment.


I wasn't going to call him out on that. But I don't believe there is anything that says Ethereum is going to "take off". It's probably his gut feeling or his hope that it does. I've been in this financial game for 20 years and I've seen a lot of hopes and dreams in my day.
Posted by LZ83
La
Member since Sep 2016
17416 posts
Posted on 12/13/17 at 4:04 pm to
quote:

Broke


quote:

I've seen a lot of hopes and dreams in my day.


Checks out.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 12/13/17 at 8:28 pm to
quote:

I've been in this financial game for 20 years


quote:

I'm poor as hell.


Looks like you are in the wrong game
Posted by Supermoto Tiger
Baton Rouge
Member since Dec 2010
10337 posts
Posted on 12/13/17 at 9:36 pm to
quote:

However, the rise of other cryptocurrencies is going to put the scarcity of bitcoin out of business. I see this bubble bursting HARD within about 3 months. Sell now.

Whew doggie. If a bit coin is worth that much, how much do you reckon a bit dollar is worth?
Posted by Supermoto Tiger
Baton Rouge
Member since Dec 2010
10337 posts
Posted on 12/13/17 at 9:41 pm to
quote:

This is like someone buying a stock or investing in real estate before it does really well, and then they get this idea that they are personally just really smart or good with money and that's why they knew that this was a good investment.

Actually my friend, it’s the exact opposite of investing in real estate.

ETA: they quit making land a long, long time ago.
This post was edited on 12/13/17 at 9:43 pm
Posted by Supermoto Tiger
Baton Rouge
Member since Dec 2010
10337 posts
Posted on 12/13/17 at 10:00 pm to
]
This post was edited on 12/13/17 at 10:01 pm
Posted by chinese58
NELA. after 30 years in Dallas.
Member since Jun 2004
31819 posts
Posted on 12/13/17 at 10:23 pm to
quote:

Well that’s not even him posting. That’s just his “tigerdroppings guy” who he pays to post for him...probably instructed him to be humble.


Yep, and Chicken is glad to do it for him. Any of us would be. Bet IRL Wiki asked Chicken, "Has anyone mentioned me yet?"
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