As the "great" Padu once said:
Only idiots call other people idiot.
Padu who? @padutrader ?
The guy who lied about his trading skills and got caught?
https://www.elitetrader.com/et/posts/5312537
As the "great" Padu once said:
Only idiots call other people idiot.
If you are in BTC for the return while it hasn't been the best trade/investment for years now, that's fine with me, just please stop preaching about it.
please dont run the guy off he is throwing out some decent arguments and that is what forums are all about...the worst thing that could happen is this turn into an echo chamber circle jerk where everyone repeats and agrees on the same shit.
You are totally confused my friend. Store of value is not the same as a speculative asset class. We can talk about bitcoin and crypto as speculative assets and without doubt investments in crypto have seen amazing appreciation. But it does not make them good stores of value. Goodness, it's a waste of time to argue with an adult who displays the mental capacity of a 4 year old.
Ok well almost everyone thinks it is a store of value except you. So I think it's safe to say you are wrong and everyone else is right. Have a great day
LOL are you too dumb to google or just retarded?
https://cointelegraph.com/news/bitcoins-roi-since-2015-outperforms-five-major-indices-by-70x
https://www.upmyinterest.com/fund?tick=Bitcoin
https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp
What other asset aside from another crypto has done that well in that timeframe? Please do share.
It seems like you are to dumb and retarted to understand my post ...
I said for years now, i didn't say 6 years. If you got in around 2015 you have an amazing investment, if you got in since 2018 you could have gotten a much much better return multiple times over.
First you might want to learn to spell retarded you retard.
For years? I didn't say how many years. I gave you 3 links with various dates and of course being a retard that you are, you obviously didn't have the brain power to read the rest after the 1st link did you?
Then you admit either way crypto is an amazing investment proving my point. Complete 180. Your mother and father are related aren't they?
Lets continue the conversation in my native language and we shall see who the real retard is ...
No point in continuing this rant with you since you are completely fucking clueless.
You clearly ignore parts of my posts in an attempt to make your point while all you do is show what an actual loser you are by getting verbal aggressive. You just made everything you tried to point out completely worthless, congratulations!
Cya.
Correction: almost every crypto fan boy on this thread thinks so. If that is your benchmark then that is something you might want to correct.
Again it's not what I believe or not. It's what is an industry wide agreed definition. Every market practitioner knows the distinction.
Heck even bitcoin websites disagree with you. (while they also do not follow the industry wide definition) :
"Bitcoin is incredibly volatile, and its markets are unpredictable. Metals like gold and silver have insignificant fluctuations in comparison. You could make the case that it’s too early, and that the price will eventually stabilize. But that, in itself, could point to Bitcoin not currently being a store of value"
https://academy.binance.com/en/articles/is-bitcoin-a-store-of-value