Peter Thiel’s Founders Fund Makes Monster Bet on Bitcoin

Discussion in 'Crypto Assets' started by ajacobson, Jan 2, 2018.

  1. Cuddles

    Cuddles

    What if bitcoin stole gold's market share and it became nothing more than an industrial commodity?..... Thousands of years of relying on its value only to be replaced by some code?

    It's wild speculation but helps to look at different perspectives.
     
    #21     Jan 5, 2018
    dealmaker likes this.
  2. I think Elon made a LOT of profits at some point.
    Am I wrong?
     
    #22     Jan 6, 2018
  3. Pekelo

    Pekelo

    Sure. And I was young at some point. I was obviously referring to his latest adventures, none of them profitable...
     
    #23     Jan 6, 2018
  4. Well, if I had his money and believed I was living in the matrix, I probably wouldn't worry too much about profits.
     
    #24     Jan 6, 2018
  5. Pekelo

    Pekelo

    I don't blame him, I blame his worshipers. Seriously, they would eat his shit, if he said eat gives you eternal youth.

    For the record, Paypal did make money, but he was more of an investor than a show runner there, and they even fired his ass for stupid ideas, like trying to switch to Windows...
    Since then he is living a rich kid's dream, he comes up with pet projects and the public (and the government in tax credits) finance him.
     
    #25     Jan 6, 2018
    i960 likes this.

  6. I still want a Tesla.
     
    #26     Jan 6, 2018
  7. Pekelo

    Pekelo

    That is alright. As Cramer said:"Buy the car, not the stock, if you like Tesla."
     
    #27     Jan 8, 2018