Peter Thiel’s Founders Fund Makes Monster Bet on Bitcoin

S2007S said:
I keep hearing this lame dumb pathetic excuse as to why bitcoin should trade higher.....
I find it extremely amusing that just because there is $9 trillion worth of gold floating around in the world that ohhh bitcoin is still cheap, who thinks that a value of something has to be worth X amount because a totally different product is worth Z amount, stop with the Fu$kimg lame comparisons, cryptocurrency is magic coins created out of thin air...the hype is just ludacris ....



And peter theil has a huge investment in bitcoin so he will do anything and say anything to keep the masses buying....
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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.
 
Pekelo said:
Sure. And I was young at some point. I was obviously referring to his latest adventures, none of them profitable...
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Well, if I had his money and believed I was living in the matrix, I probably wouldn't worry too much about profits.
 
misterkel said:
Well, if I had his money and believed I was living in the matrix, I probably wouldn't worry too much about profits.
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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.
 
Pekelo said:
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.
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I still want a Tesla.
 
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