https://www.yahoo.com/style/m/dbb38beb-7881-3bf4-a4a1-7fc4e53327a7/ss_a-39-year-old-who-sold.html This is how we know we're at the top, boys. When people like this sell their homes for 85 bitcoins, it's over. Interestingly enough, the guy is Dutch and we all know how that tulip thing went.
How about Paris Hilton? "On Sunday, media personality and businesswoman Paris Hilton wrote on Twitter that she is "looking forward to participating in the new" LydianCoin — a platform that wants to combine the blockchain with "targeted, AI driven digital marketing and advertising services."
I heard somewhere that a few decades ago, some dude from Austria had a "brilliant" idea: he would hit the Gym and build a lot of muscle and through that, despite not knowing english initially and after learning it, having a really strong and bizarre accent, he would become an actor in Hollywood, known all over the world and become very rich. Surely this dude sounded like a complete moron at the time... Probably many others had similar and equally "stupid" ideas and got fucked, but at least they took a chance... I wouldn't follow ideas such as these... But who am I to judge?
In 2004 a young man sold all his possessions netting £76,840. He then went to Las Vegas and wagered all that he owned on Red (roulette). By advertising the event the casino created a successful hedge in free media. http://www.telegraph.co.uk/men/the-...ts-like-to-bet-everything-you-own-on-red.html In terms of no skill, mindless games, Baccarat offers superior odds to European roulette (Bank is the better bet despite the 5% vig). Other games such as playing perfect blackjack or craps, give better odds, but require memorizing all the optimum plays and then recalling them in a one time high stress situation. All of these are a negative expectation. Fun Fact: The actual odds of blackjack as played, rather than the theoretical best plays, is 500% better for the casino. People are quite stupid with their wagers. Then again, Richard Thaler just made $1.1 million for people being irrational with money (2017 Nobel Prize in Economics). His work is worth reading (behavioural economics) if you are, or want to be, a trader. Helps understand the stupid trades made out of emotion even when the maths are clear. I think the odds of Bitcoin doubling is less than 49%, therefore a hand of baccarat is better. Of course, investing the money in yourself is always the best option.
Like my very stupid mate was buying houses in 2008 and being paid by rich people with houses to sell, literally to do seminars on how the house prices havent topped to reinforce existing top buyers as they was already there I guess. He went bankrupt in 2009 lol
Seashells were used for centuries as a legitimate currency. Bitcoins are the seashells of our generation.