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What does 2018 bring the crypto world?


BAUS
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Imagine the people that took out mortgages at the top of the market

They will be paying for that mistake for years to come

There was a girl on some bitcoin forumsaying there should be a government bailout for people who took out mortgages to buy bitcoin.

Wanted to reach through the iPad and strangle her.

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Let’s think about suicide prevention notices being put up because the bitcoin price was where it was a month ago. Ponder that.

 

The benefit for those who have been in for a while, is that they not only have the advantage of a lower entry point, they have the advantage of being through this before. Don’t get me wrong, I sold off a lot, but I’m not selling everything. If I had sold every time market crashed, I wouldn’t have made any money. Then again, with Wall Street involved and regulations it’s probably different this time.

 

CNBC and Thanksgiving dinners made the early adopters a shit load of money, but a lot of people got rekd.

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Ford motors mkt cap(value of every share) - 48 billion

 

Mcdonalds - 139 billion

 

American airlines - 27 billion

 

proctor and gamble - 229 billion

 

BITCOIN - 161 billion

 

A pile of nothing isn't worth more than a pile of something, in the long term, everything will be valued properly, it may take time but it will happen.

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Let’s think about suicide prevention notices being put up because the bitcoin price was where it was a month ago. Ponder that.

 

The benefit for those who have been in for a while, is that they not only have the advantage of a lower entry point, they have the advantage of being through this before. Don’t get me wrong, I sold off a lot, but I’m not selling everything. If I had sold every time market crashed, I wouldn’t have made any money. Then again, with Wall Street involved and regulations it’s probably different this time.

 

CNBC and Thanksgiving dinners made the early adopters a shit load of money, but a lot of people got rekd.

 

yes but think of the poor sap that bought riot at 46 a month ago (now 16), ripple over 3 (now .92), etc etc

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