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/biz/ - Business & Finance


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16664152 No.16664152 [Reply] [Original]

WHY THE FUCK IS NUMBER GO DOWN

>> No.16664153

>>16664152
It's ogre. Their ranks are many and bags are heavy

>> No.16664156

>>16664152
Glybdo gurrency

>> No.16664183

Jon: Did you get some Bitcoin recently?

Jane: Do you mean BTC?

Jon: Yes.

Jane: Why would I?

Jon: Number go up!

Jane: Sometimes it does. And sometimes it doesn’t.

Jon: Yeah but over time it always eventually goes up.

Jane: Did it go up over the last two years?

Jon: Well, no.

Jane: Well, if you had your wealth tied up in BTC for the last two years, you’ve lost more than you can ever know.

Jon: No, you’ve only lost like 70%.

>> No.16664187

>>16664183
Jane: Plus you’ve lost the opportunity cost of what you could have done with that money.

Jon: What do you mean?

Jane: When you sunk $50,000 into BTC two years ago, and turned it into $17,000, you didn’t simply lose $33,000.

Jon: Well yeah I did.

Jane: What about that business you wanted to launch?

Jon: What about it?

Jane: If you had used the $50,000 to start that side hustle you were so keen on, you’d have an asset worth well over $50,000 by now, AND you’d have a regular income of at least a few hundred dollars a week. But those morons on Twitter told you it was going to be $100,000 by the end of 2018, and you believed them.

Jon: So what are you saying?

Jane: The opportunity cost of buying BTC was something you haven’t measured.

Jon: Well, BTC has the meme “number go up”.

Jane: Do you know how that meme started?

>> No.16664191
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16664191

>>16664152