Bitcoin is manipulated by the wealthy. When it dips they buy and then they sell higher. Elon Musk was in the news because he “invested” $1.5Billion when it was about 44,000 and bitcoin shot up, topping at 80,000 then Musk released the news that he was selling out and bitcoin is now near 30,000. It’s a fool’s bet!
Until crypto currency came along, currency had its value as a proxy for trading. Person A builds houses, person B builds cars, person C grows food, etc. Currency allows each person to be compensated so they can buy other peoples time and products without directly trading goods and services.
I’m still trying to understand how anyone agreed that crypto currency has value.
Bilan almost 3 years ago
At least you didn’t have to wear that purple jacket from the ’70s.
Ratkin almost 3 years ago
The flashlight under the chin is a good touch.
Potato Brain almost 3 years ago
Crypto Maniac
Major Matt Mason Premium Member almost 3 years ago
“And on my PGP file…A BLOODY HOOK!!!”
ronaldspence almost 3 years ago
Nice white shoes Pat Boone!
charlenelin1201 almost 3 years ago
Hah, this is one of the better ones.
iggyman almost 3 years ago
Bitcoins value goes up and down like an elevator!
Jeffin Premium Member almost 3 years ago
This is an old story. Can’t we have something more currency?
gopher gofer almost 3 years ago
sounds like he really got burned…
Michael G. almost 3 years ago
That’s why it’s called “gambling”.
kv450 almost 3 years ago
It would serve them right
scote1379 Premium Member almost 3 years ago
Just another Bubble that’s going to go POP !!!!!!
cleokaya almost 3 years ago
We just had a full on discussion of this last night
Gameguy49 Premium Member almost 3 years ago
Bitcoin is manipulated by the wealthy. When it dips they buy and then they sell higher. Elon Musk was in the news because he “invested” $1.5Billion when it was about 44,000 and bitcoin shot up, topping at 80,000 then Musk released the news that he was selling out and bitcoin is now near 30,000. It’s a fool’s bet!
Nuliajuk almost 3 years ago
I had lunch in a crypt once. They wanted regular money in payment for it though.
PoodleGroomer almost 3 years ago
Then someone encrypted all of my office records including all of my Bitcoin records and demanded ransom payment in Bitcoin.
Lee26 Premium Member almost 3 years ago
Never invest that which you are willing to lose.
uniquename almost 3 years ago
Until crypto currency came along, currency had its value as a proxy for trading. Person A builds houses, person B builds cars, person C grows food, etc. Currency allows each person to be compensated so they can buy other peoples time and products without directly trading goods and services.
I’m still trying to understand how anyone agreed that crypto currency has value.
PO' DAWG almost 3 years ago
HA! Crypto currency, I’m happy with good old pocket change and a couple pieces of lint.
WCraft Premium Member almost 3 years ago
The man with the hook hand hacked your computer?
Lablubber almost 3 years ago
A lot of people invest in bitcoin and wind up with nothing but bitlint.
christelisbetty almost 3 years ago
Are they wearing suits and ties ironically ?