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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="cobracide" data-source="post: 16791296" data-attributes="member: 4644"><p>Instead of pasting other peoples thoughts and work, I will comment.</p><p></p><p>• Early investors profit the most, and have the most margin of safety.</p><p></p><p>This happens in every investment known pretty much ever.</p><p></p><p></p><p>• the underlying business model is suspect or non-existent.</p><p></p><p>Bitcoin is not a business.</p><p></p><p>• new investors are needed for earlier investors to profit.</p><p></p><p>No. Bitcoin is by nature deflationary.</p><p></p><p>• the promise of outsized profits is promoted as a reason to invest</p><p></p><p>There are no promises made by Bitcoin itself. You have been listening to too many youtube infuencers.</p><p></p><p>• the underlying business model is obscured in order to avoid scrutiny</p><p></p><p>Bitcoin is not a business for the second time.</p><p></p><p>• the endeavor is unregulated, with little recourse to recover losses</p><p>in the case of fraud</p><p></p><p>Bitcoin is thirteen years old. Very new. Regulation is building by the day.</p><p></p><p>• the potential for 100% loss is higher than most other investments, due</p><p>to the lack of a profitable business model</p><p></p><p>Bitcoin is not a business for the third time.</p></blockquote><p></p>
[QUOTE="cobracide, post: 16791296, member: 4644"] Instead of pasting other peoples thoughts and work, I will comment. • Early investors profit the most, and have the most margin of safety. This happens in every investment known pretty much ever. • the underlying business model is suspect or non-existent. Bitcoin is not a business. • new investors are needed for earlier investors to profit. No. Bitcoin is by nature deflationary. • the promise of outsized profits is promoted as a reason to invest There are no promises made by Bitcoin itself. You have been listening to too many youtube infuencers. • the underlying business model is obscured in order to avoid scrutiny Bitcoin is not a business for the second time. • the endeavor is unregulated, with little recourse to recover losses in the case of fraud Bitcoin is thirteen years old. Very new. Regulation is building by the day. • the potential for 100% loss is higher than most other investments, due to the lack of a profitable business model Bitcoin is not a business for the third time. [/QUOTE]
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SVTPerformance's Chain of Restaurants
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