[Honest Nigerian]

Where to BEGIN?

There’s a sucker born every nano-second?
BTW - it isn’t just bitcoin that is overpriced. Even Amazon (which apparently makes money, after many years of losses) is ridiculously priced based on a wide range of historical measures.

I sort of wish I knew more about how to prudently structure trades and options, etc. to hedge against the stuff where people say (later), “Oh, it was clear to any fool that so-and-so was way overpriced.”

[Elsie]

There’s a sucker born every nano-second?

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https://en.wikipedia.org/wiki/Extraordinary_Popular_Delusions_and_the_Madness_of_Crowds

 

 

• "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."

 

• "Of all the offspring of Time, Error is the most ancient, and is so old and familiar an acquaintance, that Truth, when discovered, comes upon most of us like an intruder, and meets the intruder's welcome."

 

• "We find that whole communities suddenly fix their minds upon one object, and go mad in its pursuit; that millions of people become simultaneously impressed with one delusion, and run after it, till their attention is caught by some new folly more captivating than the first."