Comparison to Apple (AAPL) shares - page 4.

peach

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Quote from: Jalum on July 10, 2011, 12:27:48 PM

Quote from: billyjoeallen on July 10, 2011, 12:21:21 PM

It's a high risk investment with an extremely low risk/reward ratio. You have approximately a 30% chance of making 10X your original investment. Any poker player would jump at the chance.

Haha I love it when bitcoiners quantify things like this. Please explain how someone has a 30% chance of making 10x their investment.

+1

Jalum

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Quote from: billyjoeallen on July 10, 2011, 12:21:21 PM

It's a high risk investment with an extremely low risk/reward ratio. You have approximately a 30% chance of making 10X your original investment. Any poker player would jump at the chance.

Haha I love it when bitcoiners quantify things like this. Please explain how someone has a 30% chance of making 10x their investment.

billyjoeallen

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Quote from: netrin on July 10, 2011, 11:51:17 AM

Quote from: billyjoeallen on July 10, 2011, 10:35:55 AM

Quote from: URSAY on July 10, 2011, 10:26:14 AM

BTC is a better investment then AAPL??? I LOL'ed. Cheesy

All depends on what price you got in at. Bitcoin has massively outperformed Apple this year.

Anyone who bought bitcoins in the last two years until a month ago has seen MASSIVE returns on their HIGH RISK investment. Apple represents lower risk. Nothing about their respective price gains nor losses should be surprising. One is more volatile than the other. That's about all we can say about their appreciation.

It's a high risk investment with an extremely low risk/reward ratio. You have approximately a 30% chance of making 10X your original investment. Any poker player would jump at the chance.

Apple is out there. All growth is already priced in. Bitcoin is an obscure product still in beta. Seeing the value in bitcoin requires awareness of its existence and above average knowledge of encryption and economics. And bitcoin isn't dependent on a founder/CEO that's dying.

netrin

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Quote from: billyjoeallen on July 10, 2011, 10:35:55 AM

Quote from: URSAY on July 10, 2011, 10:26:14 AM

BTC is a better investment then AAPL??? I LOL'ed. Cheesy

All depends on what price you got in at. Bitcoin has massively outperformed Apple this year.

Anyone who bought bitcoins in the last two years until a month ago has seen MASSIVE returns on their HIGH RISK investment. Apple represents lower risk. Nothing about their respective price gains nor losses should be surprising. One is more volatile than the other. That's about all we can say about their appreciation.

peach

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Quote from: ?? on ??

Is there some relationship that makes bitcoin similar to Apple, or are you just picking something that went up in price and hoping bitcoin does the same?

Yeah, I don't really understand what you're getting at here, OP.

Many, many, many companies have experienced healthy gains in recent years.

Enlighten us on your thought process here.

Litt

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Quote from: billyjoeallen on July 10, 2011, 10:35:55 AM

Quote from: URSAY on July 10, 2011, 10:26:14 AM

BTC is a better investment then AAPL??? I LOL'ed. Cheesy

All depends on what price you got in at. Bitcoin has massively outperformed Apple this year.

bitcoin has massively outperformed EVERYTHING this year.

billyjoeallen

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Quote from: URSAY on July 10, 2011, 10:26:14 AM

BTC is a better investment then AAPL??? I LOL'ed. Cheesy

All depends on what price you got in at. Bitcoin has massively outperformed Apple this year.

kiba

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The strategism of Bitcoin is very different from Apple.

It's more like being Android rather than being Apple.

URSAY

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BTC is a better investment then AAPL??? I LOL'ed. Cheesy

billyjoeallen

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Bitcoin is a superior investment to Apple in at least two ways.
1. Apple shares can be (and have been) diluted.
2. Apple can get sued, fined and take on debt.

bcearl

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Since crapple makes shit and convinces its victims that they got something special (Stockholm syndrome), I don't like that comparison.

(Ironically I am typing this on my girlfriend's Mac, because she borrowed by Linux-Thinkpad to get some work done.)

jack102938

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Quote from: ?? on ??

Except Apple is a company making things, while Bitcoin is not a company at all.

10 Points

Quote from: ?? on ??

And how do you buy "a share" of bitcoin?

https://en.bitcoin.it/wiki/Buying_bitcoins

jack102938

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Quote from: ?? on ??

Is there some relationship that makes bitcoin similar to Apple, or are you just picking something that went up in price and hoping bitcoin does the same?

I see holding BTC like holding a share in a popular, fast growing company. Obvious similarities and exponential growth witnessed in both BTC and AAPL. You can buy a share in BTC for less than $1 whereas in AAPL each share is gonna cost ~$350. I'm obviously hoping Bitcoin goes in the $350 a coin direction.

S3052

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330 billion $

billyjoeallen

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Quote from: jack102938 on July 10, 2011, 06:54:55 AM

I think BTC will go the way of AAPL (http://www.shareprice.co.uk/NASDAQ:AAPL/APPLE-INC), what do you think?

What's Apple's market cap?

Gabi

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If you want to walk on water, get out of the boat

Who cares about "apple"?

jack102938

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I think BTC will go the way of AAPL (http://www.shareprice.co.uk/NASDAQ:AAPL/APPLE-INC), what do you think?

Topic: Comparison to Apple (AAPL) shares - page 4. (Read 9672 times)