Ten Trillion Tesla

Discussion in 'Economics' started by RainMaker3000, Mar 29, 2019.

Price of one Bitcoin in 20 years

Poll closed Jul 27, 2019.
  1. 1million

    0 vote(s)
    0.0%
  2. 10million

    0 vote(s)
    0.0%
  3. 100million

    0 vote(s)
    0.0%
  4. 1Billion

    0 vote(s)
    0.0%
  5. 1Trillion

    100.0%
  1. Cuddles

    Cuddles

    Stop feeding the troll you guys
     
    #21     Mar 30, 2019
    Pekelo, Nobert and schweiz like this.
  2. destriero

    destriero

    The OP is talking his book as therapy for the 40% rape he's taken since October.
     
    #22     Mar 30, 2019
  3. sounds like you're out of money..smh
     
    #23     Mar 30, 2019
  4. Pekelo

    Pekelo

    Not an argument, but I take it. Being the grandson probably I know more about ponzis than you. In a ponzi, there is a constant need for new incoming money, otherwise the system collapses.

    Now I will teach you how to make an argument:

    1. In cryptos, there is a constant need for new capital inflow otherwise the miners' constant selling of the new coins causes a price drop because of more supply than demand.

    2. For Tesla, the company, selling cars below cost causes a constant capital loss and there is a never ending need for capital raise otherwise they go bankrupt.

    Did these arguments make my analogy clear now? You are welcome...
     
    #24     Mar 30, 2019
    Nobert likes this.
  5. Pekelo

    Pekelo

    You are right, but I like to educate the less fortunate...
     
    #25     Mar 30, 2019
  6. you seem like the more fortunate...
     
    #26     Mar 30, 2019
  7. utility and use of function instead of a store of value.
     
    #27     Mar 30, 2019
  8. Remember when Auroracoin had a billion dollar market cap and was trading above $70 each and now its only worth 4 cents? Yeah, that's going to be bitcoin one day.
     
    #28     Apr 1, 2019
  9. Handle123

    Handle123

    At first glance I thought it meant how much debt they will have.

    Bitcoins= beer can collections.
     
    #29     Apr 1, 2019
  10. Bitcoin's code was written when Christ walked on earth over 2000 years ago, do the math eienstien...
     
    #30     Apr 1, 2019