Meh. That’s fairly easy. Get in early, when the price is cheap and make sure you sell off all of your holdings before the founder and their friends cause the market to crash when they sell off all of theirs at the same time. The longer you wait, the more money you make. But the longer you wait, greater your risk of getting shafted.
Electronic currencies hyped by grifters, assorted criminals, tin-hat paranoids, “trendies” who jump into any “latest thing,” and the government of El Salvador. Yeah, that’s the pot I’ll throw my life savings into.
Most Folks are beginning to see that throwing your hard currency into a virtual only makes the guys handling the transaction wealthy. Once completed you only have an empty digital wallet full of virtual cash with no REALVALUE when rhe bubble breaks,
What’s really worrisome, is that my representative in the federal government, a man I’ve supported through several elections, is claiming crypto currency will stop inflation.
Well, it sold some computers, so that stock is doing well. I wonder how long before people realize the U.S. currency is printed on paper and the govt. isn’t doing much to control inflation?
If you bought $64,000 worth of Bitcoin in November 2021, it would be worth $19,000 today.
If you invested $100,000 in Truth Social when it first opened up, it would be worth $25,000 today. Due to litigation, technical issues and poor employee morale, it is still losing value.
No one has commented on how subtle Wiley’s cartoon is. The guy will teach the sucker about cryptocurrency for real money but credit cards are accepted for payment. Sheer genius, Wiley! That got a real LOL from me.
One of my favorite lessons I learned in history class. The teacher pointed out that most people who went west to strike it rich in the gold rush went broke — but the people selling the shovels, pans, tents, etc., THEY did very well!
Yep. It’s just like those old Magazine Ads offering to tell you “How To Make Money by Advertising in Magazines.”
One caveat: If someone Does respond to your Ad by sending you a dollar, you Have to return something of “Value” to them or it’s a Federal Mail Fraud rap. So, be prepared to go past the local 7th Day Adventist church and ask for a bunch of copies of “The Watchtower”. Slap an Address on them and mail them off and you are covered. Or, maybe just a bunch of Jesus Pamphlets … Whatever they are giving away Free.
The Law says you have to return Something of Value, but it doesn’t specify a minimum value.
eastern.woods.metal over 2 years ago
Crypto currencies are just a giant poncy scheme
C over 2 years ago
Missed the boat
Cactus-Pete over 2 years ago
Cryptocurrency: not really crypto, not really currency,
RAGs over 2 years ago
Shouldn’t“cryptocurrency” really be called “kleptocurrency” ?
Jason Allen over 2 years ago
Meh. That’s fairly easy. Get in early, when the price is cheap and make sure you sell off all of your holdings before the founder and their friends cause the market to crash when they sell off all of theirs at the same time. The longer you wait, the more money you make. But the longer you wait, greater your risk of getting shafted.
Enter.Name.Here over 2 years ago
Is Elon at it again?
Alabama Al over 2 years ago
Electronic currencies hyped by grifters, assorted criminals, tin-hat paranoids, “trendies” who jump into any “latest thing,” and the government of El Salvador. Yeah, that’s the pot I’ll throw my life savings into.
in.amongst over 2 years ago
The cryptic crypto and other fiduciary lunacies… This century is already off to a corking start.
Alexander the Good Enough over 2 years ago
Cryptocurrency? Would you like to buy a NFT tulip bulb? It’s vaporware. When the music stops, we all get to see who’s the biggest fool.
Bilan over 2 years ago
Well, isn’t that a coincidence. In the five seconds since you paid me, some North Koreans just stole your Bitcoins.
OldsVistaCruiser over 2 years ago
“They give you cash, which is just as good as money!”
~Yogi Berra in the Aflac barbershop commercial
Doug K over 2 years ago
He will show you how HE gets rich. [It won’t (necessarily) work for you.]
B4ItNs over 2 years ago
Now we know why Hollywood types are paid to encourage us to get into cryto
sandpiper over 2 years ago
Called crypto currency because it’s like burying your money in a crypt. You’ll never see it again in this life.
COL Crash over 2 years ago
Most Folks are beginning to see that throwing your hard currency into a virtual only makes the guys handling the transaction wealthy. Once completed you only have an empty digital wallet full of virtual cash with no REALVALUE when rhe bubble breaks,
Geophyzz over 2 years ago
What’s really worrisome, is that my representative in the federal government, a man I’ve supported through several elections, is claiming crypto currency will stop inflation.
https://tnc.news/2022/03/28/bitcoin-lets-canadians-opt-out-of-inflation-pierre-poilievre/
https://www.ctvnews.ca/politics/poilievre-personally-holds-investment-in-bitcoin-as-he-promotes-crypto-to-canadians-1.5907615
NeedaChuckle Premium Member over 2 years ago
The thing I like about crypto is crooks are more busy stealing fake money than real money.
WaitingMan over 2 years ago
I recently saw a poll that asked crypto investors how low they thought Bitcoin would go. About 25% said zero.
MS72 over 2 years ago
Well, it sold some computers, so that stock is doing well. I wonder how long before people realize the U.S. currency is printed on paper and the govt. isn’t doing much to control inflation?
TaraMewser over 2 years ago
A whole lot of something can never be infinite. A finite number of nodes each with a finite number of links is a finite group.
monya_43 over 2 years ago
The bears have got to be lurking around behind him somewhere.
dflak over 2 years ago
If you bought $64,000 worth of Bitcoin in November 2021, it would be worth $19,000 today.
If you invested $100,000 in Truth Social when it first opened up, it would be worth $25,000 today. Due to litigation, technical issues and poor employee morale, it is still losing value.
Some investments aren’t worth it.
William Robbins Premium Member over 2 years ago
Grammar nerds? Nobody?
Lenavid over 2 years ago
Cashless and trackable currency will cause an underground economy to develop. Can barter be far behind? Don’t you just LOVE “Progressive” economics?
Linguist over 2 years ago
No one has commented on how subtle Wiley’s cartoon is. The guy will teach the sucker about cryptocurrency for real money but credit cards are accepted for payment. Sheer genius, Wiley! That got a real LOL from me.
yimhere over 2 years ago
Confidence schemes are now offically games for fools!
mindjob over 2 years ago
Its better to invest in actual crypts
paranormal over 2 years ago
Some never learn…
the lost wizard over 2 years ago
Just have your crayons ready. :)
Hanmerhack over 2 years ago
Every one knows you cant trust crypto. NFT are the way to really make money these days
boltjenkins1 over 2 years ago
1) I only believe in physical currency.2) Shown
Slatsmagee I over 2 years ago
There’s a sucker born every minute…
Realimaginary1 Premium Member over 2 years ago
The marketing of cryptocurrency seems to have a Möbius loop to it.
schaefer jim over 2 years ago
A fool and his money are soon parted! A sucker born every minute.
samsoltan_48323 over 2 years ago
Might I interest you in some Tulip bulbs?
anomaly over 2 years ago
People who sell get-rich-quick books get rich selling books.
God particle over 2 years ago
I have 1 million in crypto right here in my pocket. I said it so it exists!
DaBump Premium Member over 2 years ago
One of my favorite lessons I learned in history class. The teacher pointed out that most people who went west to strike it rich in the gold rush went broke — but the people selling the shovels, pans, tents, etc., THEY did very well!
thedogesl Premium Member over 2 years ago
I hear BarnumCoin is the latest thing. :-)
bakana over 2 years ago
Yep. It’s just like those old Magazine Ads offering to tell you “How To Make Money by Advertising in Magazines.”
One caveat: If someone Does respond to your Ad by sending you a dollar, you Have to return something of “Value” to them or it’s a Federal Mail Fraud rap. So, be prepared to go past the local 7th Day Adventist church and ask for a bunch of copies of “The Watchtower”. Slap an Address on them and mail them off and you are covered. Or, maybe just a bunch of Jesus Pamphlets … Whatever they are giving away Free.
The Law says you have to return Something of Value, but it doesn’t specify a minimum value.