LOL! Yes, I'm sure Bitcoins will be the accepted payment for virtual food, virtual utilities, virtual oil and all those other great products. Why have real money when you can take your virtual girlfriend to the virtual movies?
WOW! Just dropped $15 in one minute. I guess that's normal though in fairy tale land.
Streaming Stock Quotes Are
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652.00 Last Trade
2:49:40 PM Trade Time
So this quote is wrong? Wouldn't surprise me. if you can make up your own currency, why not make up the price and return? The only one profiting from this scam is the creator. He's a genious apparently. How do you not see this as the ponzi scheme it is?
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666.00 Last Trade
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Pud probably thinks currency in video games is worth something too. At least you have to "work" to earn virtual money in video games. I better not give him any ideas though since he will probably take them seriously.
It's amazing that Pud can see ponzi scams in other markets for what they are yet he thinks Bitcoin is the greatest thing since sliced bread. It is up almost 50% today according to CNBC (probably includes the weekend) and he thinks that's normal. Great idea to dump his life savings into a virtual currency that is backed by nothing and could be taken away on a whim.
Turns out their hasn't been much development in the brain function since tulip mania. We have probably regressed as a society in terms of education.
Pretty sure you could buy a lot of things with a tulip bulb. Unlike a bitcoin, it had intrinsic value too. Bitcoins are backed by nothing.
This is absolutely unbelievable.
Some of his highlights are as follows:
-Buying ES (SPX) futures at 666 and averaging up along the way
-Buying TF (RUT) futures in the high 200s
-Shorting GC (Gold) futures from the low 1900s
-Shorting SI (silver) futures from nearly 50
Pretty stacked resume if you ask me.
Ben will start shorting bitcoins soon just like he shorts gold and silver.
It's almost like those events never happened at all. Not much has even changed over there. Amazing.