Bitcoin: my answer to the repeated questions. No, there is NO way to properly short the bitcoin "bubble". Any strategy that doesn't entail options is nonergodic (subjected to blowup). Just as one couldn't rule out 5K, then 10K, one can't rule out 100K. Gabish?
-
-
I will just say "I dont know" and let time work on it.
-
Betamax was better then VHS. Yet VHS prevailed in its time. Many things better then gold, yet gold has held a spot for over 7000 years... Hahaha
-
Exactly and what we are seeing is a convergence, hence the huge demand. Same with the QWERTY keyboard, but nevertheless we did switch to the wireless keyboard from the typewriter and pen
-
I would argue altcoins are Betamax
-
Then you have to put your money in the alts
End of conversation
New conversation -
-
-
Most early altcoins were just cheap clones with a few parameters changed, but by now there are significantly different systems sometimes claiming totally different goals or niches, or straight-out claiming they're "meta", "2.0", "3.0", thus superior.
-
My sincerest apologies Nassim, I don't know how to get you out of the thread.
-
Yeah and take me parroting your ideas as a compliment because I currently reading Antifragile and by the next book maybe I’ll be parroting those. Excellent book btw, will reread.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.