Quote:
Originally Posted by The Porn Nerd
So after shitting in every Bitcoin thread and laughing your ass off at all us "investors" with your predicitons of crash and doom you NOW have a 'strategy'?
Here's a strategy: go fuck yourself. LOL
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I never changed my mind...in fact my first sentence is that I still think its all fart-in-a-jar coins...this does not mean I will not make bank with things like arbitrage or short term investment that relies on my knowing the average "investor" and how he thinks...
the proof is in the pudding...out of the top 8 gainers today, 6 are on my list, and all 8 meet my criteria...
the oracle has spoken!
Quote:
Originally Posted by 2MuchMark
I'd agree with most of what you said, except for its comparizon to a ponzi scheme. You might think its a scheme of some kind and that's a fair assumption, but a "Ponzi" scheme it isn't.
From the Wikipedia Machine: " A Ponzi scheme (/ˈpɒn.zi/; also a Ponzi game) is a fraudulent investment operation where the operator generates returns for older investors through revenue paid by new investors, rather than from legitimate business activities or profit of financial trading". https://en.wikipedia.org/wiki/Ponzi_scheme
This isn't that. |
I compared bitconnect to a ponzi...they promised 1%/day based on some trading script they have that does not take in to account slippage or the problems associated with large scale investing...1%/day is classic ponzi