It is to demonstrate that only orthodox methods of investment are safe and that we should avoid anything out of the ordinary.
Stick to property, put a few dollars into blue chips and banks. Maybe buy a paper currency because they never collpase.
But above all, buy property and borrow money from Rufus to buy it with.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be rising.
I thought some people may be interested, but I see now it's just excited the conspiracy nutters.
Yes, because only a conspiracy nutter would buy anything other than blue chips, fiat currency or property.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be rising.
Why wasn't blockchain currency invented by one of the milions of classical economists graduating from MIT, Stanfor, Harvard, MIT, LSE, etc. etc.? THey lack the imagination. Everything they know is in books written 50 years ago. Like my MD. Saw my cholesterol was high. Told me not to eat eggs. Idiot. Like the flick-mixer tap. Invented by a dentist who got sick of scalding and freezing his hands with 2 taps. A million plumbers useless.
So save up $2.5Million and buy 2 houses. Live in one and try to live off the income of the other. Your gross income will be $600pw. Impossible!
Start a small business. Glazier, say. Cost $200K. You'll make $100K pa easy. And have $2.3Million in the bank.
Or, if you're lazy; buy stocks and make $1Million pa and sit at home.
If you want to get rich from housing, you'll have to wait 40 years for the next boom.
Why wasn't blockchain currency invented by one of the milions of classical economists graduating from MIT, Stanfor, Harvard, MIT, LSE, etc. etc.? THey lack the imagination. Everything they know is in books written 50 years ago. Like my MD. Saw my cholesterol was high. Told me not to eat eggs. Idiot. Like the flick-mixer tap. Invented by a dentist who got sick of scalding and freezing his hands with 2 taps. A million plumbers useless.
Buying a spare house to rent out using leverage secured with "equity" on your still leveraged main place of residence, is a no brainer. Everybody is doing it. It can't fail.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be rising.
This is a list of beta versions, niche development projects and such. Even the most successful currencies that ever traded on this list only ever peaked at a market cap of several thousand bucks.
Just like not all stocks and not all property are created equal, neither are all cryptocurrencies.
If your goal here is to discredit cryptocurrencies, you've fallen well, well wide of the mark.
If you think you can compare 'Zombiecoin' to 'Etherium' for example, you are clearly out of your depth.
This is a list of beta versions, niche development projects and such. Even the most successful currencies that ever traded on this list only ever peaked at a market cap of several thousand bucks.
Crypto Currencies are fiat by consensus rather than by government decree.
Instead of a government assigning value to a bit of printed paper, a collective of users assign value to a unique unit.
Shouldn't the value of any currency only be determined by the users of that currency?
Of course.
I didn't get it at first, but I get it now.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be rising.
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