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Crypto is nothing more than a clever MLM/ Ponzi scheme. Shares...

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PigsMightFly

7,705 Posts.

2797

14/01/22

22:26

Post #: 58880701
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Originally posted by StefanF: ↑

Before I do i need to set something straight. For every winner there doesn't have to be a loser. Another absurd assumption. You could say that someone who sells early will "lose" through opportunity cost but if the stock only goes up (which most do, although not in a straight line) then everyone who holds it would be a winner.

Think about crypto which has ballooned into billions of dollars (i hold none). It grew wealth out of thin air. How does that explain your "there have to be more lovers than winners" theory?

Anyway I can only assume that your big IQ brain is so big that jt's in some alternate universe where your "views" actually make sense.

Anyone in the real world can see you haven't the faintest about mathematics or finance.

Cheers and ciao.

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Crypto is nothing more than a clever MLM/ Ponzi scheme. Shares are (should be) part ownership of as company.

Ho much do you think it cost Craig Wright to mine his $700m worth of Bitcoin? Probably just a few bucks worth of electricity back in 2009.

APT Price at posting: $69.03 Sentiment: Hold Disclosure: Not Held
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