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The shitcoin lunacy

 
Anonymous Coward
User ID: 78415270
United States
04/30/2021 06:53 AM
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The shitcoin lunacy
You know what they say about the fool and his money?

Well, the cryptos or shitcoins are a new version of it.

Trading perfectly good money for something that can lose all value overnight. Something that you can't use to buy normal stuff like groceries.
Green Shoots

User ID: 79476427
United States
04/30/2021 06:57 AM
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Re: The shitcoin lunacy
Just keep holding those dollars... See what it gets you
Anonymous Coward
User ID: 79432135
United States
04/30/2021 07:04 AM
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Re: The shitcoin lunacy
say that stupid shit next year
Theta XDC XPRT
dollars are shit paper
Anonymous Coward
User ID: 72758198
United States
04/30/2021 07:07 AM
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Re: The shitcoin lunacy
What's lunacy is people have been coming to GLP to tell you how dumb it is to invest in crypto for almost a decade.


Those who listened? A lot of them made a lot of money

Those who didn't? They come to talk shit
Anonymous Coward
User ID: 56050651
United Kingdom
04/30/2021 07:07 AM
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Re: The shitcoin lunacy
You know what they say about the fool and his money?

Well, the cryptos or shitcoins are a new version of it.

Trading perfectly good money for something that can lose all value overnight. Something that you can't use to buy normal stuff like groceries.
 Quoting: Anonymous Coward 78415270


Stick $10 fiat in your wallet. Stick it in a drawer for 6 months.

Go back to that wallet 6 month later. Guess what? You STILL have $10

Shit does not maketh a coin. Shit maketh the fool who knows NOT how to use it!
Anonymous Coward (OP)
User ID: 78415270
United States
04/30/2021 07:09 AM
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Re: The shitcoin lunacy
What's lunacy is people have been coming to GLP to tell you how dumb it is to invest in crypto for almost a decade.


Those who listened? A lot of them made a lot of money

Those who didn't? They come to talk shit
 Quoting: Anonymous Coward 72758198


A lot of them lost a lot of money.
T-Man
Entitled title

User ID: 78270630
Netherlands
04/30/2021 07:10 AM

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Re: The shitcoin lunacy
You know what they say about the fool and his money?

Well, the cryptos or shitcoins are a new version of it.

Trading perfectly good money for something that can lose all value overnight. Something that you can't use to buy normal stuff like groceries.
 Quoting: Anonymous Coward 78415270


you do realize that you get perfectly good money in return for it, right?
just a lot more..

https://imgur.com/JpK33fi
Anonymous Coward
User ID: 72758198
United States
04/30/2021 07:11 AM
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Re: The shitcoin lunacy
What's lunacy is people have been coming to GLP to tell you how dumb it is to invest in crypto for almost a decade.


Those who listened? A lot of them made a lot of money

Those who didn't? They come to talk shit
 Quoting: Anonymous Coward 72758198


A lot of them lost a lot of money.
 Quoting: Anonymous Coward 78415270


Is it cryptos fault? No.


People HAVE to take risks in order to gain rewards. Doing the same thing every day with your life doesn't make you better off.

Hats off to those who tried and failed and those who didn't!
T-Man
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Netherlands
04/30/2021 07:12 AM

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Re: The shitcoin lunacy
What's lunacy is people have been coming to GLP to tell you how dumb it is to invest in crypto for almost a decade.


Those who listened? A lot of them made a lot of money

Those who didn't? They come to talk shit
 Quoting: Anonymous Coward 72758198


A lot of them lost a lot of money.
 Quoting: Anonymous Coward 78415270


Is it cryptos fault? No.


People HAVE to take risks in order to gain rewards. Doing the same thing every day with your life doesn't make you better off.

Hats off to those who tried and failed and those who didn't!
 Quoting: Anonymous Coward 72758198


the thing many people do is... once the news talks about a huge spike in crypto, thats when people get in, literally at the top. and that just stupid....
Premium Sun

User ID: 77342352
Belgium
04/30/2021 07:41 AM
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Re: The shitcoin lunacy
What's lunacy is people have been coming to GLP to tell you how dumb it is to invest in crypto for almost a decade.


Those who listened? A lot of them made a lot of money

Those who didn't? They come to talk shit
 Quoting: Anonymous Coward 72758198


A lot of them lost a lot of money.
 Quoting: Anonymous Coward 78415270


Is it cryptos fault? No.


People HAVE to take risks in order to gain rewards. Doing the same thing every day with your life doesn't make you better off.

Hats off to those who tried and failed and those who didn't!
 Quoting: Anonymous Coward 72758198


the thing many people do is... once the news talks about a huge spike in crypto, thats when people get in, literally at the top. and that just stupid....
 Quoting: T-Man


I buy at the top, and sell at the bottom.
You don't become a legend without a war.
Anonymous Coward
User ID: 76883161
Canada
04/30/2021 07:47 AM
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Re: The shitcoin lunacy
You know what they say about the fool and his money?

Well, the cryptos or shitcoins are a new version of it.

Trading perfectly good money for something that can lose all value overnight. Something that you can't use to buy normal stuff like groceries.
 Quoting: Anonymous Coward 78415270


This guy gets it. What do you do when you print too much fiat? You've gotta eliminate part of the supply to keep things going or super-duper-hyperinflation kicks in. Just get stupid NPCs to dump there pay checks into silly meme dog coins & then pull the plug.
StellaBlue

User ID: 4104364
United States
04/30/2021 07:47 AM
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Re: The shitcoin lunacy
My $100 shitcoin investment in 2019 is currently at $400

So I'm not a millionaire, but...
It is better to trust in the Lord than to put confidence in man. -Psalm 118:8

No weapon that is formed against thee shall prosper. -Isaiah 54:17

If I disappear from this forum, aliens didn't take me- Jesus did! Give your heart to him today!
StellaBlue

User ID: 4104364
United States
04/30/2021 07:48 AM
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Re: The shitcoin lunacy
Btw I have used crypto profits to buy groceries. Yes you can do that!
It is better to trust in the Lord than to put confidence in man. -Psalm 118:8

No weapon that is formed against thee shall prosper. -Isaiah 54:17

If I disappear from this forum, aliens didn't take me- Jesus did! Give your heart to him today!
Anonymous Coward
User ID: 79565603
United States
04/30/2021 07:53 AM
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Re: The shitcoin lunacy
In 2013 a friend told me about bitcoins, I then bought a couple of miners and got some bitcoins. Good thing because it has helped me get a house and a vehicle and have been living well for a few years. I bought low and sold high, so if you bought high and got burned, that is how the world turns, the same could happen if you bought stocks.
Anonymous Coward
User ID: 78063540
United States
04/30/2021 07:54 AM
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Re: The shitcoin lunacy
When the banks introduce their CBDC, the big tech holders of all the other crypto's will sell - leaving everyone broke and the banks fat.
Different type of money - same results in the end.
T-Man
Entitled title

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Netherlands
04/30/2021 08:00 AM

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Re: The shitcoin lunacy
...


A lot of them lost a lot of money.
 Quoting: Anonymous Coward 78415270


Is it cryptos fault? No.


People HAVE to take risks in order to gain rewards. Doing the same thing every day with your life doesn't make you better off.

Hats off to those who tried and failed and those who didn't!
 Quoting: Anonymous Coward 72758198


the thing many people do is... once the news talks about a huge spike in crypto, thats when people get in, literally at the top. and that just stupid....
 Quoting: T-Man


I buy at the top, and sell at the bottom.
 Quoting: Premium Sun


that fine tho because you still get to buy dolce and gabbanas :D

i merely rock plein
Anonymous Coward
User ID: 80124466
United Kingdom
04/30/2021 08:31 AM
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Re: The shitcoin lunacy
You know what they say about the fool and his money?

Well, the cryptos or shitcoins are a new version of it.

Trading perfectly good money for something that can lose all value overnight. Something that you can't use to buy normal stuff like groceries.
 Quoting: Anonymous Coward 78415270


Stick $10 fiat in your wallet. Stick it in a drawer for 6 months.

Go back to that wallet 6 month later. Guess what? You STILL have $10

Shit does not maketh a coin. Shit maketh the fool who knows NOT how to use it!
 Quoting: Anonymous Coward 56050651


That $10 will buy you less than it did 6 months ago.
Anonymous Coward
User ID: 75011653
United States
04/30/2021 08:32 AM
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Re: The shitcoin lunacy
You know what they say about the fool and his money?

Well, the cryptos or shitcoins are a new version of it.

Trading perfectly good money for something that can lose all value overnight. Something that you can't use to buy normal stuff like groceries.
 Quoting: Anonymous Coward 78415270


Stick $10 fiat in your wallet. Stick it in a drawer for 6 months.

Go back to that wallet 6 month later. Guess what? You STILL have $10

Shit does not maketh a coin. Shit maketh the fool who knows NOT how to use it!
 Quoting: Anonymous Coward 56050651


That $10 will buy you less than it did 6 months ago.
 Quoting: Anonymous Coward 80124466


It's still more than with the shitcoin which just lost 80% overnight and you feel compelled to HODL whether it goes up or down.
Anonymous Coward
User ID: 70988378
United States
04/30/2021 08:55 AM
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Re: The shitcoin lunacy
Just put in gold&silver physical, retards. If it ain't backed by it dont touch
Ty_
Veneficus Vita

User ID: 80244035
Australia
04/30/2021 09:21 AM

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Re: The shitcoin lunacy
It's really simple and this is part of the whole "shit coin lunacy" exposure of bullshit economics.

Something has value when people decide it does - that's literally all there is to it.

Fiat currency is backed by nothing, has no "value" as anything except a token to trade for goods.
This is exactly what these "shit coins" are showing, especially the ones being accepted as payment for goods and services.

Just because something has "utility", or is "better", doesn't mean it will be valued by anyone and just because something is "useless" doesn't mean it won't be used by folks.

Betamax; VHS simply flooded the market and it became what people used despite the better product being Betamax.
Coz reasons, probably.
Elea tel'Taur
GDMD
T-Man
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User ID: 78270630
Netherlands
04/30/2021 10:22 AM

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Re: The shitcoin lunacy
You know what they say about the fool and his money?

Well, the cryptos or shitcoins are a new version of it.

Trading perfectly good money for something that can lose all value overnight. Something that you can't use to buy normal stuff like groceries.
 Quoting: Anonymous Coward 78415270


Stick $10 fiat in your wallet. Stick it in a drawer for 6 months.

Go back to that wallet 6 month later. Guess what? You STILL have $10

Shit does not maketh a coin. Shit maketh the fool who knows NOT how to use it!
 Quoting: Anonymous Coward 56050651


That $10 will buy you less than it did 6 months ago.
 Quoting: Anonymous Coward 80124466


It's still more than with the shitcoin which just lost 80% overnight and you feel compelled to HODL whether it goes up or down.
 Quoting: Anonymous Coward 75011653




literal retard. i paid of my debt, got savings and a new car out of crypto.
i guess thats all fantasy huh
Telnet

User ID: 72630093
United States
04/30/2021 10:27 AM
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Re: The shitcoin lunacy
My $100 shitcoin investment in 2019 is currently at $400

So I'm not a millionaire, but...
 Quoting: StellaBlue


My boss has 9000 bitcoins, not sure why he's still working,
Anonymous Coward
User ID: 80124024
United States
04/30/2021 10:29 AM
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Re: The shitcoin lunacy
They even waste money send monkey in space with man's taxes.

This is our leaders you used nature's child to use as proxies
T-Man
Entitled title

User ID: 78270630
Netherlands
04/30/2021 10:31 AM

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Re: The shitcoin lunacy
My $100 shitcoin investment in 2019 is currently at $400

So I'm not a millionaire, but...
 Quoting: StellaBlue


My boss has 9000 bitcoins, not sure why he's still working,
 Quoting: Telnet


WHAT?!

wow

some people live to make money and work tho. others see money as an exit strategy. its all good imo.
but damn man sitting on a few 100 million.. makes me wonder what type of company hes the boss off.
probably something he loves :) impressive
GlinForTheWin

User ID: 79923727
United States
04/30/2021 10:38 AM

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Re: The shitcoin lunacy
Im not into crypto much but my bro started and has put in 1000.00 and in just a couple months has it up to over 5800.00


Im going to take the plunge. XRP!!!!
Let your plans be dark and impenetrable as night. And when you move , fall like a thunderbolt.
Telnet

User ID: 72630093
United States
04/30/2021 10:40 AM
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Re: The shitcoin lunacy
My $100 shitcoin investment in 2019 is currently at $400

So I'm not a millionaire, but...
 Quoting: StellaBlue


My boss has 9000 bitcoins, not sure why he's still working,
 Quoting: Telnet


WHAT?!

wow

some people live to make money and work tho. others see money as an exit strategy. its all good imo.
but damn man sitting on a few 100 million.. makes me wonder what type of company hes the boss off.
probably something he loves :) impressive
 Quoting: T-Man


He's a lead IT guy migrating businesses to the cloud for a tech company. I think he loves it. He's from old money, is my guess.
T-Man
Entitled title

User ID: 78270630
Netherlands
04/30/2021 10:41 AM

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Re: The shitcoin lunacy
My $100 shitcoin investment in 2019 is currently at $400

So I'm not a millionaire, but...
 Quoting: StellaBlue


My boss has 9000 bitcoins, not sure why he's still working,
 Quoting: Telnet


WHAT?!

wow

some people live to make money and work tho. others see money as an exit strategy. its all good imo.
but damn man sitting on a few 100 million.. makes me wonder what type of company hes the boss off.
probably something he loves :) impressive
 Quoting: T-Man


He's a lead IT guy migrating businesses to the cloud for a tech company. I think he loves it. He's from old money, is my guess.
 Quoting: Telnet


pretty awesome man!
:D
Anonymous Coward
User ID: 76860697
United States
04/30/2021 10:41 AM
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Re: The shitcoin lunacy
meanwhile, my $100 investment could be cashed in today to buy a house or labmo.
GlinForTheWin

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United States
04/30/2021 10:45 AM

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Re: The shitcoin lunacy
Anyone into helium? I'm waiting for my miner. I'm pretty excited.
Let your plans be dark and impenetrable as night. And when you move , fall like a thunderbolt.
Anonymous Coward
User ID: 80166236
United States
04/30/2021 10:45 AM
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Re: The shitcoin lunacy
ALGO = LAMBO in the future! You can bank on that!
Red Hot Chilean Pepe

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Chile
04/30/2021 10:48 AM
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Re: The shitcoin lunacy
21st century black tulips.
All great truths begin as Blasphemies.
G.B.S.

GLP is like a diamond mine of information, in the sense that you have to shovel mountains of crap to find the diamonds, but it's still worth the pain.





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