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#1 Reason Crypto is Fucked long term itt
| wine frisky heaven | 02/22/18 |
| wine frisky heaven | 02/22/18 |
| Godawful mental disorder | 02/22/18 |
| wine frisky heaven | 02/22/18 |
| impertinent telephone | 02/22/18 |
| wine frisky heaven | 02/22/18 |
| impertinent telephone | 02/22/18 |
| wine frisky heaven | 02/22/18 |
Poast new message in this thread
Date: February 22nd, 2018 12:50 AM Author: wine frisky heaven All markets are simply two inputs of capital and labor
Crypto is nothing but a capital market
There is zero labor involved or any that allocated additional capital back into the market
No labor in market means capital will flee market eventually
Enjoy the ride |
Date: February 22nd, 2018 2:38 PM Author: wine frisky heaven (http://www.autoadmit.com/thread.php?thread_id=3900179&forum_id=2#35462065) |
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Date: February 22nd, 2018 2:40 PM Author: Godawful mental disorder *wipes sweat off brow while admiring stack of T-bills* (http://www.autoadmit.com/thread.php?thread_id=3900179&forum_id=2#35462076) |
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Date: February 22nd, 2018 5:18 PM Author: wine frisky heaven (http://www.autoadmit.com/thread.php?thread_id=3900179&forum_id=2#35463489) |
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Date: February 22nd, 2018 2:44 PM Author: impertinent telephone This might’ve sounded smart in your head but it’s actually nonsensical
A market is a market if it has buyers, sellers and assets.
Your labor vs capital distinction is totally irrelevant (and disregards the “labor” involved in maintaining the relevant blockchain protocols).
I guess a smarter version of this post would say that cryptos will burst because the coins have no intrinsic value. Fair enough, but this is basically throwing up an alley oop for some crypto enthusiast to dunk all over you with points about “store of value” and “decentralized applications” |
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Date: February 22nd, 2018 5:19 PM Author: wine frisky heaven you mean the two variables for markets that have been in existence for existence? (http://www.autoadmit.com/thread.php?thread_id=3900179&forum_id=2#35463492) |
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Date: February 22nd, 2018 5:52 PM Author: impertinent telephone Bruh... (http://www.autoadmit.com/thread.php?thread_id=3900179&forum_id=2#35463804) |
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Date: February 22nd, 2018 7:04 PM Author: wine frisky heaven (http://www.autoadmit.com/thread.php?thread_id=3900179&forum_id=2#35464441) |