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BITCOIN - $6089
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<blockquote data-quote="redux" data-source="post: 22820779" data-attributes="member: 561666"><p><span style="font-size: 18px">For someone who loves to call others idiots, your investing knowledge is quite terrible. First off Warren Buffett is a value investor. Which means he makes his investing decisions based on the intrinsic value of stocks not the market price. No matter what the prices indicate, if a company's intrinsic value is above its market price, it's a good investment and will eventually go up in price</span></p><p><span style="font-size: 18px"></span></p><p><span style="font-size: 18px">Second off, Bitcoin has no intrinsic value whatsoever and when it crashes there's nothing to stop it from crashing down to zero. If stocks or real estate started crashing tomorrow, it would stop at a certain price because well, businesses generate revenue, have tangible and non tangible assets, and people need houses to live in</span></p><p><span style="font-size: 18px"></span></p><p><span style="font-size: 18px">Now about Bitcoin going back to 25k <img src="/styles/default/xenforo/smilies/default/lol.gif" class="smilie" loading="lazy" alt=":lol:" title="LOL :lol:" data-shortname=":lol:" /> No it won't. The only reason Bitcoin didn't crash all this time is because Tether kept printing USDT to buy Bitcoin through their own exchange Bitfinex whenever it started crashing. Now that Tether is being subpoenaed by authorities, it's not allowed to do this anymore. Bitcoin will drop to 1k in a few months</span></p><p><span style="font-size: 18px"></span></p><p><span style="font-size: 18px">Go shove your coins up your ass and read a book or two. Buying shitcoins on a computer don't make you an investing guru</span></p><p><span style="font-size: 18px"></span></p></blockquote><p></p>
[QUOTE="redux, post: 22820779, member: 561666"] [SIZE="5"]For someone who loves to call others idiots, your investing knowledge is quite terrible. First off Warren Buffett is a value investor. Which means he makes his investing decisions based on the intrinsic value of stocks not the market price. No matter what the prices indicate, if a company's intrinsic value is above its market price, it's a good investment and will eventually go up in price Second off, Bitcoin has no intrinsic value whatsoever and when it crashes there's nothing to stop it from crashing down to zero. If stocks or real estate started crashing tomorrow, it would stop at a certain price because well, businesses generate revenue, have tangible and non tangible assets, and people need houses to live in Now about Bitcoin going back to 25k :lol: No it won't. The only reason Bitcoin didn't crash all this time is because Tether kept printing USDT to buy Bitcoin through their own exchange Bitfinex whenever it started crashing. Now that Tether is being subpoenaed by authorities, it's not allowed to do this anymore. Bitcoin will drop to 1k in a few months Go shove your coins up your ass and read a book or two. Buying shitcoins on a computer don't make you an investing guru [/SIZE] [/QUOTE]
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