D- on scarcity, as I just noted. In terms of the actual crypto market, the different cryptos are treated as near-substitutes. Thus, anyone can grow the pool any time. Bitcoin is the biggest, but the market doesn't care about your ideology.
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You seem rather disdainful of free markets. The essence of free markets is that anyone can take part as an equal, whether smart or unsophisticated. If a "smart" cartel dominates a market, it isn't free.
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Free Markets is about discovering correct prices for things. It’s not about cartels, it’s about more intelligent individuals making more correct bets about the future than others.
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Nope, a free market is not a clearing house for intelligence. Intelligent people are not necessarily any better at foreseeing the figure than dumb ones.
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Intelligent people are better at picking a better form of money of the future. They are better at predictions.
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Stock picker's fantasy. "I'm more intelligent than average,.so I'm better at picking future corporate stars..." while missing benchmarks and underperforming relative to much less "intelligent" passive investors.
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These aren’t stocks. These are candidates for the “Gold” of the future.
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Equivalent. You are still trying to judge which will outperform the others.
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If one is alreay better than others today, it will likely outperform others over time as more and more people realize this.
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$300B is a drop in the Monetary Ocean. It's NOTHING yet. It's still a joke. But soon, it won't be. Quality coins will be worth a lot, and all the shitcoins will perish. Market participants will learn. Just like Dotcom boom and aftermath.
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please stop posting apocalyptic nonsense into my mentions.
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What was apocalyptic about what I said?
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uh huh. When the market agrees with you - which it presently doesnt - get back to me.
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You are short-termist and look to the past. Market will be more mature and sophisticated in 10 years.
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All prices are just amalgamations of faiths.
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Forks are divideds
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