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- aristotel replied Feb 23, 2014
I think I have just simulated that creepy model for all the wannabe billionaires. Reading a graph or understanding a mathematical function is several times more important than drawing colored lines. That model is valid only to describe the past ...
- aristotel replied Feb 22, 2014
July 2011 1Bitcoin = 1$ September 2016 1Bitcoin = 100,000$ November 2020 1Bitcoin = 1,000,000,000$ Good model!!! Billionaires' model Oh, most of the future billionaires have just lost... a grand.
- aristotel replied Feb 22, 2014
Yeah, right!!! This presumes the everlasting trend. It has never happened, but "this time is different!"
- aristotel replied Feb 16, 2014
Actually there is a blog somewhere... under. I behave like a Ponzi alarm device. We can concentrate on the user "aristotle", but -1000$ per Ponzicoin seems to be much more interesting.
- aristotel replied Feb 16, 2014
Well, the best Ponzi scheme ever dropped 80% in one year... only. I am sure that Venzen will conclude onto the power of the support at 270, but do not forget that Ponzicoin is basically nothing but gambling. Those that bought at 1200 understand very ...
- aristotel replied Feb 14, 2014
I do not know about that. I just wanted to wish chonchy to get well soon. It's Valentine's day!!!
- aristotel replied Feb 14, 2014
Good Ponzi scheme. IMHO this is the best Ponzi scheme ever. The Ponzicoin crashed on low volume, which means that only the chosen ones got out on time. Dear Chonchy, peace&love and get well soon! Though, from now on be more careful with those ...
- aristotel replied Dec 26, 2013
The main problem with the actual money system is the inequality distribution of income (IDI). After 40 years of growth, IDI is a catalyst to global deflation that is somehow eclipsed by the "smarty" Fed QEs. In fact it is only delayed. I was ...
- aristotel replied Dec 20, 2013
Hi Chonchy, You kinda misunderstood me. I consider that you rely on your knowledge as long as you speculate the price of something. When you speculate the price of nothing, it is another "different story" in the casino. The elite of my people ...
- aristotel replied Dec 19, 2013
"Until 2011 the investment safe havens of choice were gold and silver; prior to that it was real estate. The new alternative investment versus the dollar is growing in popularity and becoming more widely accepted as a legitimate financial vehicle. ...
- aristotel replied Dec 19, 2013
Hi Venzen, I agree that it is a lot of fun to buy and sell into bubbles, but I have resentments on anything that is a Ponzi scheme. I follow your EWA based predictions with real interest and I find them (and you really good, but the practical ...
- aristotel replied Dec 19, 2013
I see the bubble peak on microsoft at the peak of dotcom bubble, when Microsoft was already an old company with proved revenues and profits. You also say that bitcoin is only at its early days and the peak of its bubble was a week ago. The ...
- aristotel replied Dec 19, 2013
Bitcoin is neither an asset nor a commodity. In fact, bitcoin is nothing. Lady_luck hopes for a microsoft like evolution. However nobody will buy bitcoins to solve or do something, but only to sell them at a higher price to a greater fool. Oh... ...
- aristotel replied Dec 16, 2013
I made a joke a few days ago and then only replied to others' jokes. The result is my fully disclaimer on the topic. And, I cannot stop from conceptualizing the image of an "investor" at 1200$ per bitcoin all the way down to a positive number ...
- aristotel replied Dec 16, 2013
Hi chonchy, as far as I know, this bitcoin mania started by the massive buys of... Chinese "investors". Allow me to tell you the naked truth. They are the same communists over-invested in real estate and gold. Everything they do is by ...
- aristotel replied Dec 15, 2013
Yeap, same story happened with gold. You take the monetary base, divide by available gold in the known universe, or bitcoins, or dried digested grass and you obtain the perfect bubble. At least gold is shiny.
- aristotel replied Dec 8, 2013
Everything is what it looks like. video Disclaimer: According to "my principle" bitcoin is priceless and I still wonder why it exists.
- aristotel replied Dec 8, 2013
Yeap, kinda like bitcoin bullish flag.
- aristotel replied Dec 8, 2013
Man has never set foot on the Moon!
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