bitserve
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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June 20, 2018, 02:51:44 PM |
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Well, at least somebody is trying to hold "The bottom" up... . (Mic post some good pic) Confirmed. Bottom is being held up. Sometimes I feel like my biggest contribution to this thread is butt pictures, but I guess that's good enough. We are really in the bottom indeed! i like what's on the inner side loool XD. really looking forward to see Bitcoin back again at it's 10k mark atleast. That's interesting... I mean not only the image How would you say that we have already reached the bottom? Just look at the picture. No, really, after staring at it for a while, you will understand we have surely found THE bottom.
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realr0ach
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Activity: 924
Merit: 311
#TheGoyimKnow
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June 20, 2018, 02:59:31 PM |
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You're claiming an imaginary, valueless token has a fair market value? And you're not only claiming that for bitcoin, but all 7000 altcoins ever created on that page, pretty much all of which will likely go to $0 followed by bitcoin itself? You might want to re-examine your methodology. How could something that doesn't even exist except in people's imaginations be considered to have a "fair market value"? The fair market value of anything based on artificial scarcity is obviously zero. Bitcoin is a withered husk of sunk cost fallacy. The tokens don't actually have some sort of intrinsic worth. The PE ratio is supposed to be for an actual business. A business is supposed to turn a profit for it's owners, but bitcoin's self adjusted mining is designed to trend towards break even in the aggregate. You're not a shareholder by holding one of the coins either because it doesn't grant you power over anything. It's like buying a coupon to a roller coaster that may or may not exist tomorrow. The words "PE Ratio" and "fair market value" do not apply to bitcoin at all.
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pablomp
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Activity: 65
Merit: 6
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June 20, 2018, 03:05:49 PM |
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You're claiming an imaginary, valueless token has a fair market value? And you're not only claiming that for bitcoin, but all 7000 altcoins ever created on that page, pretty much all of which will likely go to $0 followed by bitcoin itself? You might want to re-examine your methodology. How could something that doesn't even exist except in people's imaginations be considered to have a "fair market value"? The fair market value of anything based on artificial scarcity is obviously zero. Bitcoin is a withered husk of sunk cost fallacy. The tokens don't actually have some sort of intrinsic worth. The PE ratio is supposed to be for an actual business. A business is supposed to turn a profit for it's owners, but bitcoin's self adjusted mining is designed to trend towards break even in the aggregate. You're not a shareholder by holding one of the coins either because it doesn't grant you power over anything. It's like buying a coupon to a roller coaster that may or may not exist tomorrow. The words "PE Ratio" and "fair market value" do not apply to bitcoin at all. Obviously you need to improve your financial education regarding the theory of currencies. I'd recommend some books, but it may be easier to start here: https://www.coinfairvalue.com/reference/ Good luck
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d_eddie
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Activity: 2646
Merit: 3529
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June 20, 2018, 03:09:29 PM |
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Don't feed the trolls, please.
To be honest, most of us have been there, done that, but when a relative newcomer starts quoting roach, we still feel a word of warning might help.
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Hueristic
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Activity: 3962
Merit: 5384
Doomed to see the future and unable to prevent it
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June 20, 2018, 03:19:24 PM |
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Obviously you need to improve your financial education regarding the theory of currencies. I'd recommend some books, but it may be easier to start here: https://www.coinfairvalue.com/reference/ Good luck Unfortunately in this world now the only thing that counts is Perceived value.
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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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June 20, 2018, 03:25:46 PM |
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You're claiming an imaginary, valueless token has a fair market value? And you're not only claiming that for bitcoin, but all 7000 altcoins ever created on that page, pretty much all of which will likely go to $0 followed by bitcoin itself? You might want to re-examine your methodology. How could something that doesn't even exist except in people's imaginations be considered to have a "fair market value"? The fair market value of anything based on artificial scarcity is obviously zero. Bitcoin is a withered husk of sunk cost fallacy. The tokens don't actually have some sort of intrinsic worth. The PE ratio is supposed to be for an actual business. A business is supposed to turn a profit for it's owners, but bitcoin's self adjusted mining is designed to trend towards break even in the aggregate. You're not a shareholder by holding one of the coins either because it doesn't grant you power over anything. It's like buying a coupon to a roller coaster that may or may not exist tomorrow. The words "PE Ratio" and "fair market value" do not apply to bitcoin at all. Obviously you need to improve your financial education regarding the theory of currencies. I'd recommend some books, but it may be easier to start here: https://www.coinfairvalue.com/reference/ Good luck I think you need to improve your financial education when you don't understand the fair market value of an imaginary token based on artificial scarcity is zero. Especially when it's value is supposed to be derived from "decentralization", yet it's designed to centralize, thus having zero fundamentals on top of that.
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jojo69
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Activity: 3318
Merit: 4603
diamond-handed zealot
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June 20, 2018, 03:26:52 PM |
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It sure will be nice when we get rolling again and the perpetrators of these little bartlets are completely lost in the noise.
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Last of the V8s
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Activity: 1652
Merit: 4392
Be a bank
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June 20, 2018, 03:46:19 PM |
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I went out with one of the Bartlett girls a long time back. She too was an entirely unpredictable sort - up one minute, down the next. So yes let's move swiftly on.
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realr0ach
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Activity: 924
Merit: 311
#TheGoyimKnow
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June 20, 2018, 03:47:52 PM |
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up one minute, down the next.
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Toxic2040
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Activity: 1792
Merit: 4141
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June 20, 2018, 04:04:47 PM |
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Good morning. 1h D #cryptouplift
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Torque
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Activity: 3710
Merit: 5286
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June 20, 2018, 04:08:49 PM |
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realr0ach
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Activity: 924
Merit: 311
#TheGoyimKnow
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June 20, 2018, 04:10:13 PM |
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afbitcoins
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Activity: 2101
Merit: 1061
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June 20, 2018, 04:29:53 PM |
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Roach, how come that page is requesting a payment of BTC to save it instead of asking you to post some physical silver?
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fabiorem
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June 20, 2018, 04:32:06 PM |
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Well, at least somebody is trying to hold "The bottom" up... . (Mic post some good pic) Confirmed. Bottom is being held up. Sometimes I feel like my biggest contribution to this thread is butt pictures, but I guess that's good enough. Actually, this is the best post in this thread, in the last two weeks.
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vroom
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Activity: 1306
Merit: 1715
a Cray can run an endless loop in under 4 hours
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June 20, 2018, 04:35:16 PM |
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Well, at least somebody is trying to hold "The bottom" up... . (Mic post some good pic) Confirmed. Bottom is being held up. Sometimes I feel like my biggest contribution to this thread is butt pictures, but I guess that's good enough. Actually, this is the best post in this thread, in the last two weeks. we need a button observer thread!
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infofront (OP)
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Activity: 2646
Merit: 2793
Shitcoin Minimalist
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June 20, 2018, 04:38:45 PM |
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Traps aren't gay. That's all.
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afbitcoins
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Activity: 2101
Merit: 1061
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June 20, 2018, 04:45:50 PM |
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Traps aren't gay. That's all. Why you allow bitcoin cash to be talked about, or jews and silver. But not Dash ?
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infofront (OP)
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Activity: 2646
Merit: 2793
Shitcoin Minimalist
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June 20, 2018, 04:54:55 PM |
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Traps aren't gay. That's all. Why you allow bitcoin cash to be talked about, or jews and silver. But not Dash ? I normally just allow jbreher to respond to the bcash attacks, out of fairness. Altcoin discussions come up occasionally, but shilling is frowned upon. As for R0ach, he's a special case as the house troll. Kind of like how only the court jester is allowed to make fun of the king. Half-joking, but he has a fair number of posts deleted too.
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mindrust
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June 20, 2018, 05:00:53 PM |
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If you are bored unignore some bcash shills or roach then slap them. Then ignore again.
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bones261
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Activity: 1806
Merit: 1828
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June 20, 2018, 05:09:09 PM |
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If you are bored unignore some bcash shills or roach then slap them. Then ignore again.
How would that cure boredom? I have neither one on ignore and from what I can see from their posts; it is basically SOS different day.
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