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by ur-whale 1712 days ago
> "realized it has absolutely no value."

I wonder how long ago that "realization" occurred, and if you have since then "realized" how much the market has disagreed with your conclusion, or if you've "realized" the size of the opportunity loss?

1 comments

The market also said 14 years ago that subprime mortgages were worth over $1 trillion. This year it says Bitcoins are worth $1 trillion.

There is a language of such bubbles - not, here is why it has value, like a loaf of bread or chair or bar of gold, but think about FOMO and that type of thing. There have been fly by night scams since Ponzi's postal reply coupons, or Dutch tulip bulbs and before that - I don't worry too much on missing out on the latest scam.