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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > 2013-10-23 NYmag.com - The Age of Bullshit Investments Is Back!
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Author Topic: 2013-10-23 NYmag.com - The Age of Bullshit Investments Is Back!  (Read 1115 times)
tiptopgemdotcom (OP)
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October 23, 2013, 02:21:33 PM
Last edit: October 23, 2013, 08:04:34 PM by psy
 #1
http://nymag.com/daily/intelligencer/2013/10/crazy-investment-time-again.html

Moderator Edited. Note: Please follow the title posting guidelines and post the real title of the article, not your atistic representation of it. Thank you.
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Reply with quote  #2
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October 23, 2013, 02:27:15 PM
 #2
Quote
You'll see Bitcoins, the everlasting fascination of Silicon Valley crypto-geeks, being not only spoken about as an investment-grade commodity despite having higher volatility than your average Baldwin brother, but inspiring entire investment vehicles (one of which is structured by celebrity twins) that give ordinary investors as well as the tech-savvy crowd the chance to lose money when the fad runs its course.

Bitcoin is a fad again Smiley
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October 23, 2013, 02:30:07 PM
 #3
Yes, just like they were saying back in 1994 that the Internet was bullshit.
Sincerely I am, Johnny BitcoinSeed .com
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October 23, 2013, 02:32:46 PM
 #4
This man writes about literally nothing that would ever remotely matter.
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October 23, 2013, 02:34:37 PM
 #5
How is this considered journalism?
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October 23, 2013, 02:45:56 PM
 #6
I invested 5 minutes into reading this article. Turns out this was a bullshit investment  Sad

My 5 Minutes are gone now and I got nothing in return.  Cry Worst investment I ever made.  Angry
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October 23, 2013, 02:49:41 PM
 #7
Quote from: btceic on October 23, 2013, 02:34:37 PM
How is this considered journalism?

Sure, just lump everything together without even a slightest attempt to understand the difference - you cannot be wrong in 100% of cases, indeed some of the mentioned investments WILL go bad. As a result, you can say a year from now with total self-confidence: "See, I was RIGHT!"
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tiptopgemdotcom (OP)
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October 23, 2013, 05:43:19 PM
 #8
Quote from: Akka on October 23, 2013, 02:45:56 PM
I invested 5 minutes into reading this article. Turns out this was a bullshit investment  Sad

My 5 Minutes are gone now and I got nothing in return.  Cry Worst investment I ever made.  Angry

ROFL
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October 23, 2013, 05:51:12 PM
Last edit: October 23, 2013, 08:48:27 PM by Anon136
 #9
well damn he convinced me with all those well reasoned arguments. I'm selling all of my btc at 1/2 price to make sure i get out as fast as possible  Roll Eyes
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October 23, 2013, 07:52:21 PM
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He forgot to add 30 year UST bonds to his list.
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October 23, 2013, 07:59:18 PM
 #11
At least the Bitcoin gets attention again. And yes, haters will continue to hate they were not early adopters
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