Reply to post: Real Gains

Kill the blockchain! It'll make you fitter in the long run, honest

Tim 11

Real Gains

However you call it, there's no doubt that a lot of people have made a lot of *real* money on crypto-currency speculation.

All that's required to make money is that we're not at the top of the hype curve yet. That's why people buy houses and twitter shares and lots of other things that are hopelessly overvalued, not because they think they are undervalued but because they believe that someone else in the future will be even more gullible and will take said asset off their hands for more than they paid.

Although like (presumably) Alistair, I haven't put my own money into crypto, I think a lot of the negativity that comes out of some commentators is because (like me) they're just pissed off they think they've missed the boat, and they want to justify it.

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