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Author Topic: Fiat and crypto and stock is bs, but property is real  (Read 958 times)
Broly46 (OP)
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December 14, 2022, 11:11:21 AM
 #1

Fiat and crypto and stock is bs, but property although is just concrete but it is real.

I know all stock investor loss money and some of them are killed, but not all property investor loss money, when Elon Musk said crypto is as bs as fiat, I challenge him to prove me property is anything resembling bs.

When you buy into stock, you get snake oil, but promised it’s indeed a “business”, stock =/= business wake up. When you buy into property you indeed get the concrete box, you indeed get what you paid for, I don’t know what stock investor actually buying into, they tell me they’re buying a stock and it is a business, I try to fathom whatever they said, but stock is stock, business is business, you can’t mix something that’s totally different word by word, or context by context, or content by content, it’s snake oil and they’re buying into delusional snake oil and in the end they get thin air certificate that tell them they’re entitled to the business, it’s so funny investor are so gullible. But what is there to say, when I tell them, they’re scammed they don’t believe me and even being very hostile on me and call me retard, they think they’re getting the business when they buy the stock, what give?

Self hating nerd that want to escape from reality into the cyberpunk.
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December 14, 2022, 12:14:33 PM
 #2

You said Fiat is bullshit but you need it to build properties 🤦

Just listen to yourself mate, if money doesn't make sense to you then avoid doing anything with money, I wonder what you can do without Fiat, Crypto is just making the whole thing decentralized and digital.

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December 14, 2022, 12:19:54 PM
 #3

Hell yeah, crypto and fiat are bs, property is bs too.
You buy property the same as you just buy piles of certificates, only to show proof of ownership. The fact is that you're not in full control of the concrete masonry that is laid down, there are several factors causing property damage that make the certificate worthless.

you can’t mix something that’s totally different
Of course you can't, but you can look up how it relates.

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December 14, 2022, 01:16:10 PM
 #4

With property, how do you know the wall is definitely structurally sound without a surveyors report? Why isn't the same applied to investing?

When buying a property, you're often using someone else's interest too (like a bank) so you're more protected due to the intermediary. With crypto and stocks you don't have tage same but you could probably get them (such as by picking a well diversified portfolio for stocks and investing a small % of those funds into bitcoin).
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December 14, 2022, 01:21:11 PM
 #5

Well, it seems that most of them are bs for you. So, it means that any investment that someone may get in will definitely a no-no to you. I'm into crypto and real estate but for those that I'm not with, I respect those investors that have been living well with those.
It's their preference and they've known and mastered those investments if they are for it. Well for stock investors, they've got an alternative for properties/real estate which is REIT.

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December 14, 2022, 02:16:29 PM
 #6


When you buy into stock, you get snake oil, but promised it’s indeed a “business”, stock =/= business wake up. When you buy into property you indeed get the concrete box, you indeed get what you paid for, I don’t know what stock investor actually buying into, they tell me they’re buying a stock and it is a business, I try to fathom whatever they said, but stock is stock, business is business, you can’t mix something that’s totally different word by word, or context by context, or content by content, it’s snake oil and they’re buying into delusional snake oil and in the end they get thin air certificate that tell them they’re entitled to the business, it’s so funny investor are so gullible. But what is there to say, when I tell them, they’re scammed they don’t believe me and even being very hostile on me and call me retard, they think they’re getting the business when they buy the stock, what give?

You don't really understand what is stock and investing in it and the business involve in it. If you have an interest in a company and you want to be a part of it in partnership or some sort, you buy her shares or stock base on the unit you want and by that you have invested and has a contribution in the company as a share holder, that is the business in it and if the company makes profit and declares it, it is also shared to a holder as dividend. Also if a company is not doing well it affects the stocks just as a business that didn't make profit at a particular time. You need to read up on stocks.

Buying property is good is also business with its own risk. Natural disasters, flood or bad road networks among other factors can hamper a property not to develop faster if you buy a genuine property and not the one you get scammed on. All investment involves risk.

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December 14, 2022, 02:52:14 PM
 #7

Fiat and crypto and stock is bs, but property although is just concrete but it is real.

I know all stock investor loss money and some of them are killed, but not all property investor loss money, when Elon Musk said crypto is as bs as fiat, I challenge him to prove me property is anything resembling bs.

When you buy into stock, you get snake oil, but promised it’s indeed a “business”, stock =/= business wake up. When you buy into property you indeed get the concrete box, you indeed get what you paid for, I don’t know what stock investor actually buying into, they tell me they’re buying a stock and it is a business, I try to fathom whatever they said, but stock is stock, business is business, you can’t mix something that’s totally different word by word, or context by context, or content by content, it’s snake oil and they’re buying into delusional snake oil and in the end they get thin air certificate that tell them they’re entitled to the business, it’s so funny investor are so gullible. But what is there to say, when I tell them, they’re scammed they don’t believe me and even being very hostile on me and call me retard, they think they’re getting the business when they buy the stock, what give?

It's probably just that everyone has their own truth and understanding of the value for the vision of the business. You are certainly right when you talk about real goods, for example, buying an apartment or a car, that this is your investment in a real product, when, like stocks or cryptocurrencies, this is something abstract and cannot be touched. However, the emergence of stocks or cryptocurrencies is not accidental. Why? The fact is that many of us want to earn money and use different assets for this. For example, real estate or cars, but with the advent of stocks and cryptocurrencies, a new additional niche has simply opened up for investment and doing business, and this does not mean that it is bad or not fair. Probably the answer here lies in how we relate to certain assets, and only this attitude determines the importance of this asset for us personally. Therefore, in this matter, everyone can be right and wrong at the same time, since the market simply receives new assets and new opportunities, and we ourselves decide what to use to generate income.
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December 14, 2022, 02:59:57 PM
 #8

I see many people believe is the same way but you need to pay attention that bitcoin, stocks, and others are good the different ways anyone can choose a market depend on their needs and what they expect to see and trade on the market, regarding bitcoin you will see less stability, more risk and more reward which can be not the exact same situation in another market especially if you start talking about the centralized market like stocks but even in stocks you can have some other benefits.

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December 14, 2022, 09:32:08 PM
 #9

Both fiat and cryptocurrencies have their own unique characteristics and uses. Some people may prefer to use fiat currency for everyday transactions because it is more widely accepted and its value is more stable, while others may see the benefits of using cryptocurrencies for their decentralized nature and potential for anonymity. Ultimately, the choice of which type of currency to use depends on a variety of factors and is a personal decision.
So, in order to invest in your so-called "Property", which currency are you going to use? That "BS Fiat" or "BS crypto"?
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I know all stock investor loss money and some of them are killed, but not all property investor loss money
Let's talk about this, shall we?
Owning Crypto will not announce to the whole world that you own that if you buy them in decentralized platform. You can keep your privacy safe.
I have heard a good deal of news about people getting killed over property ownership. Lots of paperwork and someone can forge fake one too if they have that ability.
How are you going to deal with that? Court? Get ready to defend yourself with your "BS fiat".
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I challenge him to prove me property is anything resembling bs.

If you read from the top, you may realize that your answer to this question is somewhere in there.
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December 14, 2022, 10:27:44 PM
 #10

-cut-
,I don’t know what stock investor actually buying into, they tell me they’re buying a stock and it is a business, I try to fathom whatever they said, but stock is stock, business is business, you can’t mix something that’s totally different word by word, or context by context, or content by content, it’s snake oil and they’re buying into delusional snake oil and in the end they get thin air certificate that tell them they’re entitled to the business,
-cut-.
You admit that you don't understand what people buying stocks are buying into. Yet you call it snake oil and bs. When elon bought all the Twitter stocks didn't he bought the whole company? Do you know you get voting rights and options with stocks? You literally own part of the business with them.

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December 14, 2022, 10:51:34 PM
 #11

You admit that you don't understand what people buying stocks are buying into. Yet you call it snake oil and bs. When elon bought all the Twitter stocks didn't he bought the whole company? Do you know you get voting rights and options with stocks? You literally own part of the business with them.
I think that's the point with OP. You know, it's gets so easy to criticise what you don't understand and in doing so, you come up with a one sided and biased argument @OP.
Not everything with an online accessibility is completely virtual. For what is worth, people can still buy properties, Real estates and just about anything online and that doenst make them virtual.
Cryptocurrency might he virtual but, stocks aren't and even with that, they still do quite well in there field. These are as real as it gets and having to invest in them don't put you at a disadvantage, evey properties do lose value too. Let's not mix that up!

R


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December 14, 2022, 11:10:31 PM
Last edit: December 15, 2022, 06:19:19 PM by Hydrogen
Merited by pooya87 (3)
 #12

OP is saying that digital money is mere electronic data, paper money is mere wood pulp. While intrinsically backed assets like real estate are legitimate and real money?

That's not far from what precious metals investors have been saying for a few years now.

In the case of real estate, prior to the 2008 subprime mortgage crisis, it was thought by many investors that it was impossible for the price of american real estate to decline. No one could remember an instance where US real estate exhibited noteworthy downtrends. Which led to the urban myth of real estate only being able to appreciate in value. As a result, the ensuing crash of 2008 caught many completely by surprise.

There are many who claim that reverting to a gold standard would prevent inflation. However, we know that the roman empire experienced considerable inflation due to its denarius being devalued close to 2,000 years ago.

While there are generally assets which are more reliable and stable than others. I don't know if its accurate to say that anything has proven to be exempt from bubbles, devaluation or crashes. Everything has its time. And when that day comes, who knows.
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December 14, 2022, 11:33:01 PM
 #13

Fiat and crypto and stock is bs, but property although is just concrete but it is real.
I can't deny that investment in property is very worthy and will usually continue to rise, especially if we have property on the development track. Then the results will rise very quickly. And of course, ethics related to real investment, property and gold are two things that are very related. Both are very worth considering and owning.

However, let's see, how much people can afford to invest in property? Only some people really have the money to buy and develop their property. However, ordinary people with a lower-middle-income economy would find it difficult to invest in something like this. Never mind buying a property, for everyday life they may be in trouble.

For this reason, digital assets exist, both stocks and crypto. Even though they are slightly different, most people can afford them. Even cryptocurrency can be owned by anyone. In my opinion, this is one of the special aspects of crypto, namely that everyone can invest in Bitcoin or cryptocurrency (provided they are really prepared with the risks and knowledge, not a random investment). So, this is why I personally still choose to invest in crypto because I haven't been able to afford the property and later plan to get an investment in property from the results of this crypto. And of course, most people must have financial management that suits their conditions. And what's more, it doesn't rule out that people have investments in various assets, right? As long as it is productive and promising, why not? what is certain is that we have risk management, assets, and finances that are good and suitable to us.

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December 15, 2022, 01:26:02 AM
 #14

Yeah, going to be difficult to take advice from someone who writes as poorly as you do...first off.  Secondly it is abundantly clear that you do not understand the concepts of cryptocurrency and it's even more clear that you don't understand the concept of company stock and how it works.  You actually do own part of a company, have voting rights etc.

I would suggest you spend some time studying about how it all works.

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December 15, 2022, 02:35:30 AM
 #15

I'll offer a different opinion than OP regarding stock vs property. When you buy common stocks, you buy some ownership of a company, whether or not it's significant depends on how much %-share you buy. Since people can buy a tiny fraction and more liquid, stocks are more inflated, way inflated than you think if you look at their P/E Ratio. Simply, stocks are way too overvalued. Sometimes, the price is detached from the firm's current performance, but more of a copium and hopium (yep, I called it BS price as well). Crypto is like stocks on steroids.

Meanwhile, people just can't speculate on housing, lands, etc. since it's way more expensive and illiquid. Therefore, these assets aren't being pumped as hard as stocks, but still, there are still boom and bust cycles in the property market because of institutional pumpers & dumpers.

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December 15, 2022, 02:45:41 AM
 #16

How about we forget whether they're BS or real? How about we forget whether they're merely snake oil or whatever? I guess the most important point here is that we make money, right? If we can do that by selling stones, we would, right? Or perhaps by selling nothing? So whether or not these stock, fiat, crypto are all BS, does it matter when we can actually sell them a lot more expensive than we bought them and make money? There are people who are willing to buy them, you know. And we can buy many more properties out of the proceeds.

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December 15, 2022, 03:00:06 AM
 #17

You are indeed buying a part of a business when you're buying stock — it's just that most people are buying only a very very small fraction of a business when buying from public markets hence why you don't feel like you actually own a part of a business when buying stocks because you have no control over the business.

The fact though is, you can own the entire company(or majority of it) if you could actually afford buying the entire(or majority of the) company.

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December 15, 2022, 03:25:06 AM
 #18

You need to learn there's 2 kind of shareholders, it's minority and majority shareholders. If you only own less than 50%, you can't have a full control over your company especially you're just an investor, not the management. If you're a majority shareholders you will get an invitation for official meeting and you can make decision to improve the company you're invested.

Bitcoin is also real, you're the one who control the coin and it wouldn't disappear as long as you hold it on your hardware wallet.

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December 15, 2022, 07:28:07 AM
 #19

When elon bought all the Twitter stocks didn't he bought the whole company?

I’m sure it’s very great rebuttal. But I would use woman as a litmus test to what exactly is this bullshit, whenever I tell woman to invest into stock, she would avoid it at any cost, but this bs only work on man specifically, that’s strange. It’s apparent woman has smell the bullshit even miles away from the snake oil salesman, as usual low EQ creatures like man often has curiosity to think otherwise, can you lie to woman? It’s not easy to lie to woman but it’s apparent so much easier to lie to man, man are some of the most easily manipulated gender ever existed and it’s all God’s will, god create man to be retarded and easily scammed, back to topic, stock is stock, business is business, after hundreds years its still the same stock is stock, you cant equal stock and business and woman has smelled that bs easily, earlier than any man can do, it’s once again man fall into it and after losing trillions of dollar into it but still too stubborn to realise how bs they’re buying into stock. Why don’t you ever consult woman once in your life about what exactly is “stock”?

Self hating nerd that want to escape from reality into the cyberpunk.
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December 15, 2022, 10:04:24 AM
 #20

You say it is bs but still you compare things that don't even fall into the same category and are too confused about them too.
Fiat vs. Bitcoin vs. Crypto vs. Stock vs. Property.
You can't even begin to compare these. For example altcoins (aka crypto) are useless ergo there is no justification for buying them except for gambling. Meanwhile stocks at least are linked to a company and a product or service which get their value from on top of the speculation and market manipulation. Same with bitcoin, it offers useful utilities so it gets its value from there on top of speculation and market manipulation.
When it comes to property, the situation is not very different. There is an underlying value and on top of that we have the speculation.

You see from an investment point of view, these things (except altcoins) are not different.

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