Crypto Crash Survivors Could Become Tomorrow’s Amazons, Bank of England Says

Discussion in 'Crypto Assets' started by johnarb, Jun 23, 2022.

  1. Ethereum up again almost 10% for the last 24 hours...

    How come no word from the bears today about it crashing to zero?

    As I said earlier, seems I hit MSTR right at the perfect bottom... Thanks bears!
     
    #31     Jun 24, 2022
  2. savoir

    savoir

    Anyone remember Webvan? A colossal failure at the time. I remember anonymous benefactors donating millions to laid-off employees because the closure happened around Christmas time.

    All it took was a pandemic lockdown 20 years later for home-delivered groceries to make a come back.
     
    #32     Jun 24, 2022
    johnarb likes this.
  3. Specterx

    Specterx

    Still doesn't make money, though. Even AMZN is barely profitable in ecommerce.
     
    #33     Jun 24, 2022
  4. savoir

    savoir

    If the lockdown were permanent, it would be a different story.

    We don’t know what the world will be like in 20 years. Digital currencies will likely be normalized. To say definitively that crypto has no place in that world, I’m not going to go that far.
     
    #34     Jun 24, 2022
    johnarb likes this.
  5. In 20 years, it is very likely that something like Bit-OIL will be a real thing in commodities. Hey, isn't Zuckerberg already seeking a patent on digital commodities for HIS metaverse? :D

    Seriously though, it will be hard to predict the next 10, not just 20. Financial engineering in the Fiat world has been accelerating at an exponential rate as well.

    Anyone over 50 years ago in the banking community would be feeling very lost today.
     
    #35     Jun 24, 2022
  6. Tokenz

    Tokenz

    Yeah, you wouldn't since Bitcoin would win... Buddy
     
    #36     Jun 24, 2022

  7. where does a someone who has an 95% drawdown on his port, get 3 cents to buy more at the bottom ?
     
    #37     Jun 24, 2022
  8. deaddog

    deaddog

    Yep, Balance the days transactions in a ledger with a pencil and an adding machine.
     
    #38     Jun 24, 2022
  9. newwurldmn

    newwurldmn

    This crypto sell off must be hurting you bigly, buddy. Your posts don’t even make sense. Take a deep breath. It’s not even money you are losing. Just some digital funny money like you get at the strip club.
     
    #39     Jun 25, 2022
  10. Tokenz

    Tokenz

    Nope! I'm accumulating more at these prices. While other losers like you think this market is going down I am taking advantage of it. When you have the mentality of "Oh the market is going down now! I better sell everything because everyone else is selling everything!!!" then you are definitely a failure
     
    #40     Jun 25, 2022