[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 137 KB, 1073x467, 1699714280791430.jpg [View same] [iqdb] [saucenao] [google]
56881905 No.56881905 [Reply] [Original]

I'm poor and stupid, i want money. I need a 10000x, brutal.

>> No.56881925

>>56881905
It's all performance.

Players know the fake money game is a negative sums game, with the goal of redistributing a pot of real money between Players and the House. Real Money out equals Real Money in minus the upkeep price of the House (that often is 100% of the pot, also known as rugpull).

Players need other players to put Real Money in the pot. Any player taking Real Money out of the pot is stealing potential winnings.

The "optimal" strategy is for all players to say they are going to buy, even if they are selling. It's why you never see blockchain gamblers talkin about exit strategy other than ludicrous thresholds like 1000X.

Dumber players believe the narrative, and will really buy Bitcoin at 69 000 USD adamant that by december 2021 the minimum is for Bitcoin to go to 400 000 USD. Serving as exit liquidity for smarter players.

Smarter players are the ones that keep creating new pots for players to interact with.

>> No.56882400
File: 94 KB, 1000x1000, 736542436hgd25yw54y.png [View same] [iqdb] [saucenao] [google]
56882400

>>56881905
All of it is a gamble if you are looking to 10000x. Hoichi is just another gamble that could do it. Not responsible if it goes to 0.