Member Info for RedRoger

Let's wait and see shall we. I know a bubble when i see one.

If you morons think that the value of nothing is going to keep increasing and that everyone who buys it gets wealthy, then you don't understand the first thing about investing or economics.

It will collapse. It's a matter of time. It's going to be absolutely hilarious to watch from the sidelines.

They're just on about the open pit idea to woo investors.

In this mad, bad clown world

Feel free to get stuffed then! Perhaps you don't like the ugly truth being pointed out about the ponzi you're championing

Perhaps your incessant ramping of Bitcoin is a symptom that you are acutely aware that it is a bubble and there is a never ending need to suck more in to the bottom of the pyramid to prop it up?

Maybe every one of the 8 billion people on Earth could all be a Crypto billioniare?

There is no end to the naivety and stupidity of Bingo players.

Pleased it's working for you Mathersfinger, that's all that matters - not convincing a moron on a bulletin board.

Especially one so slavishly "following the $cience"

I will refrain from conversing with the dipstick.

It was for emphasis, because you appear to be missing the point. Bitcoin is a collection of unique answers to an arbitrary problem. It is fuelled by greed and speculation, as is any bubble.

The length of the bubble is completely irrelevant, the conclusion is the same. It bursts.

Only in this clown world would idiots chase the value of nothing up to $100,000 and beyond!

Just as it did with tulips all those years ago

And then the crash. It's going to beautiful to watch for those not invested. All the arrogant tosspots who think they're smart are going to be left holding the baby. The smart money will exit long before the sheep realise it's a ponzi

You made your choice, now reap the consequences. There's loads of research on the topic go and read some of it before you mock others. But I reiterate, I wasn't thick enough or weak enough to be coerced into taking the gene therapy in the first place. So it really doesn't affect me.

Maybe try the detox pills when you go downhill.

Hopefully they won't work eithee (for you).

Long before sheep like Stack and taken the jab to protect others (jesus, which dipstick would believe that??), I had already used basic maths and rational thinking to work out that the virus was

A) just a respiratory virus (incidentally, where did flu go that year as we had zero flu deaths?) and

B) No bigger risk than any other respiratory virus

What kind of moron takes experimental, rushed treatment for something that is no threat to them?

Morons like Stack and Quady

There are stats on vaccine injuries and deaths that you can get online. They're quite well obfuscated, but it is a real thing

Many people have died and are suffering from the effects of these needless jabs.

Rolled up your sleeve for another shot lately Quady? If not, why not?

I don't need to detox from them, I never took them in the first place. Unlike you, I am not a moron!

It doesn't matter that supply is capped (in fact that is one reason it could never be a currency), the salient point is still the same.

IT IS NOTHING!!!

To me, they're more or less the same thing. Something arbitrary and digital that you wish to assign value to. But they're not commodities. you can't eat them, burn them for energy, make jewellery or do anything useful at all

That is why, IMO, they are inherently worthless and will end up at their true value. That being $0

But it certainly makes things interesting that there are so many things people can choose to back with their own fiat.

*their own, damned phone

Anyway, glad something is working for you. A lot of good people were duped by the maniacs (and it's happening again with the climate scam)

Fool me once, shame on you. Fool me twice, shame on me.....let us hope people are awakening.

Matherfinger, I have read too that is possible to detox for those who were sadly conned into taking the experimental gene therapy.

I warned COUNTLESS times on this forum back in 2020 about the dangers and was constantly ridiculed, deleted and banned. When governments use propaganda and fear against there own citizens, some quite appalling stuff can be achieved.

Good luck to all suffering that there is a way out of their ailments caused by this vicious cult.

* may have not "may of" - and you had the brass neck to call me stupid?!

HITS your friend was not smart, they were lucky - there's a very big difference. You rightly point out that the growth/demand is beginning to slow at its currently level. Just wait until the momentum starts to move the other way, people will not be able to get an exit once it gathers pace.

You cannot simply invent money and expect people to adopt it. Anybody hoping for that is going to be bitterly disappointed. Anybody applying actual value to an asset that is not tangible is little more than a gambler.

You may as well buy random art in the hope that it becomes valuable,

No, early adopters of gold paid an amount commensurate with its value in fiat at the time. Gold price has increased in line with the over supply of fiat over the years. As the saying goes, an ounce of gold would you buy a Saville row suit in 1980 and it will today.

Bitcoin has surged in value as more and more LATE adopters pile in, hoping to chase the bubble upwards. Yes the supply is capped, but 21x nothing is still nothing.

As an example consider my new offering, the Roger Rand (it's like a Kruger rand but it's a crypto, backed not by gold but by nothing)

Next month I will release 20 RR's, then 19 the month after, and then 18 and so on until we reach zero. The supply is therefore capped by both time and quantity. Would you put money into that? If not, why have you bought Bitcoin?

Forget the distributed ledger, that is not unique to Bitcoin and of course is completely unsuitable for rapid real-time transactions. Anybody can make a distributed, copied ledger (and have done)

So where is the value, other than in the bubble you're all chasing up? What happens when momentum flops (think Gompertz curve)

And why would it be a store of value when its worth is zero? There are literally an unlimited amount of crypto coins you can generate.

The periodic table on the other hand very rarely gets extended. We know what most minerals are and things like gold have inherent, tangible value owing to their scarcity and difficulty to extract. Gold has always been the true store of value, and likely always will be.

Running an algorithm on a computer is not "mining", it is literally burning electricity for nothing.

The other major problem with the adoption of Bitcoin from value store is the arbitrary nature of its distribution. Early adopters hold the largest amounts of it for literally no effort, late adopters pay through the nose with fiat they spent years or decades accruing. There is no direct link between effort and outcome which is why society would always reject it as either a money source or value store

But I'm happy to be convinced otherwise. You didn't answer the point on why don't we all fill our boots with Bitcoin and all be fabulously wealthy. Let's see if you can see the problem with that.

What dont I get? Explain what I'm missing, I am always willing to learn new things. You don't actually think it's going to replace fiat do you?

There is a saying about eggs and baskets. If your retirement is linked to the success of a ponzi scheme, your exit timing is going to have to be absolutely perfect.

Why doesn't everyone just buy loads of Bitcoin and push the price even higher? Heck the whole world could be impossibly rich

That you don't see the flaw amuses me, but I'll save my heartfelt belly laughs for the inevitable demise of Crypto.