Author

Topic: WallStreet Day Traders Going Nuts (Read 1706 times)

legendary
Activity: 924
Merit: 1004
Firstbits: 1pirata
March 05, 2013, 06:19:03 PM
#12
Wall Street day traders stumbling onto bitcoin are going nuts.  They don't understand bitcoin so they are quick to dismiss it.  I think that they feel they missed the boat so they are in major denial at this point in time.  It's like going through the 5 stages of grief.  Denial->Anger->Bargaining->Depression->Acceptance

I think most are in the denial and anger phase when they see the bitcoin chart.  Once acceptance stage is reached they will buy bitcoins.

Day Trade Show (Denial/Anger):
https://www.youtube.com/watch?v=8jCN9hiEZq0&list=UUar63hrH-Uti1eOehga_cEg&index=2

Is Bitcoin Money (Denial):
http://monetary-metals.com/is-bitcoin-money/


I smell fear of "establishment" shills...
vip
Activity: 756
Merit: 503
March 05, 2013, 05:59:02 PM
#11
First video make sense, second video is boring as hell.
why you dont read the 2 links i posted above to get the point he is making
Will do.

legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
March 05, 2013, 05:52:34 PM
#10
First video make sense, second video is boring as hell.
why you dont read the 2 links i posted above to get the point he is making
vip
Activity: 756
Merit: 503
March 05, 2013, 05:51:28 PM
#9
First video make sense, second video is boring as hell.
legendary
Activity: 2324
Merit: 1125
March 05, 2013, 05:43:05 PM
#8
The second guy takes more than 8 minutes to say: "Bitcoin is just another irredeemable currency".  Cheesy
sr. member
Activity: 434
Merit: 250
March 05, 2013, 05:40:59 PM
#7
The guy says "I get it" then says something about BTC enabling him to buy wool socks... Roll Eyes

I don't think he does actually "get it".
legendary
Activity: 4690
Merit: 1276
March 05, 2013, 05:27:17 PM
#6
Wall Street day traders stumbling onto bitcoin are going nuts.  They don't understand bitcoin so they are quick to dismiss it.  I think that they feel they missed the boat so they are in major denial at this point in time.  It's like going through the 5 stages of grief.  Denial->Anger->Bargaining->Depression->Acceptance

I think most are in the denial and anger phase when they see the bitcoin chart.  Once acceptance stage is reached they will buy bitcoins.

Day Trade Show (Denial/Anger):
https://www.youtube.com/watch?v=8jCN9hiEZq0&list=UUar63hrH-Uti1eOehga_cEg&index=2

Is Bitcoin Money (Denial):
http://monetary-metals.com/is-bitcoin-money/


I made it through a few minutes of the first before killing the tab.

I doubt that the second buy had any hair on his balls when I started buying PM's.  A fair number of these PM 'professional' got in pretty late and missed much of the early part of the current uptrend.  And most of them, like this guy, are pretty retarded when it comes to conceptualizing Bitcoin.  This surprises me a bit since to me gold and Bitcoin somewhere between siblings and close cousins on the monetary world.  I guess that my focus on understanding computer science continues to pay off.

legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
March 05, 2013, 05:22:31 PM
#5
 Grin
since the second link involves mises regression theorem i leave this links in here http://mises.org/humanaction/chap17sec4.asp
http://mises.org/Community/forums/t/25411.aspx
legendary
Activity: 1078
Merit: 1003
March 05, 2013, 05:19:58 PM
#4
Oh, you guys.  Bitcoin is just silly WoW money for nerds.

Seriously, do you guys even lift?  Tongue
legendary
Activity: 4690
Merit: 1276
March 05, 2013, 05:16:50 PM
#3
The first link sounds like the bald guy who talked shit about bitcoin a few months ago.

You mean that rawdog dork?  The subject of ~yoya's very funny icon thing?  I forgot all about that guy.

hero member
Activity: 648
Merit: 500
March 05, 2013, 05:06:56 PM
#2
The first link sounds like the bald guy who talked shit about bitcoin a few months ago.
legendary
Activity: 1304
Merit: 1015
March 05, 2013, 04:57:39 PM
#1
Wall Street day traders stumbling onto bitcoin are going nuts.  They don't understand bitcoin so they are quick to dismiss it.  I think that they feel they missed the boat so they are in major denial at this point in time.  It's like going through the 5 stages of grief.  Denial->Anger->Bargaining->Depression->Acceptance

I think most are in the denial and anger phase when they see the bitcoin chart.  Once acceptance stage is reached they will buy bitcoins.

Day Trade Show (Denial/Anger):
https://www.youtube.com/watch?v=8jCN9hiEZq0&list=UUar63hrH-Uti1eOehga_cEg&index=2

Is Bitcoin Money (Denial):
http://monetary-metals.com/is-bitcoin-money/
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