Severe Overdose of Copium as Ethereum (Magic Bean #2) Traders Try To Rationalize Their Loss

1  2018-11-25 by POST_BUSSY

16 comments

1  SnapshillBot 2018-11-25

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1  soulshots 2018-11-25

Getting ready for a buying opportunity of a lifetime..

https://en.wikipedia.org/wiki/Sunk_cost#Loss_aversion_and_the_sunk_cost_fallacy

1  POST_BUSSY 2018-11-25

lmao

1  soulshots 2018-11-25

Is it possible to buy eth with a prepaid visa or the like? Currently unable to afford a credit card and would like to get in on this finally that I have a decent chance. Iā€™m in Canada if anybody knows of a good site to buy eth off of.

If these people aren't LARPs then I am genuinely concerned.

1  POST_BUSSY 2018-11-25

The ETH psychological bubble popped quite a while ago.

POS (Proof of Stake) the next evolution of the network is delayed over and over, ICOs turn out to be all scams and smart contracts being used to achieve absolutely nothing. Plus, the whole 'ETH price is decoupled from Bitcoin' meme is shown to be a complete lie.

So what we have left are the crazies holding the coin.

All the better tbh, more drama.

1  The_Great_I_Am_Not 2018-11-25

then I am genuinely concerned.

I gave up years ago, when I had people in real life trying to convince me of this scam. There's no helping these people.

1  Honk4Tits 2018-11-25

I'm trying really hard to find that thread from last year about that kid who was trying to get students to buy as much bitcoin he could (it was $16,000 at the time), everyone was telling him how retarded he was. We pinged him and he was all r/iamverysmart about the whole thing.

1  POST_BUSSY 2018-11-25

There are probably 100s of those threads so it'd be hard to find šŸ˜‚

1  bareballzthebitch 2018-11-25

If he would have bought at $16k and sold at 20K he would have done well. But HODL!

Then there are the traders. Last year there was a flurry of articles about 'Stripper takes on new career trading Crypto' sort of nonsense.

The best one was the guy who made a decent pile on bitcoin then diversified into other crypto, which then went down. Oops forgot to pay the taxes on the gain and now the money is gone. Truly foolish.

1  Honk4Tits 2018-11-25

Even then paying 18% on private (not government) student loans means he still wouldn't have made a profit.

1  bareballzthebitch 2018-11-25

Yes but he would have learned a valuable lesson, which is the purpose of getting student loans. After marxist indoctrination obviously.

1  The_Great_I_Am_Not 2018-11-25

Oops forgot to pay the taxes on the gain and now the money is gone.

"And I now owe more money than I put into it!"

1  Matues49 2018-11-25

Both Bitcoin and Ethereum is climbing up on google trends. Even if it's because of bad publicity, we may see a 50% pump in no time.

https://i.imgur.com/Bp2ukAs.jpg

1  POST_BUSSY 2018-11-25

šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚

1  transoceanicdeath 2018-11-25

i'm addicted to googling "bitcoin" for the schadenfreude dopamine rush

$3,600, feels so fucking good

1  RyuunDragon 2018-11-25

Oh my fucking god I love these fucking idiots so much

They're like Sovereign Citizens except instead of thinking laws don't apply to them and shooting cops, they're shitting all their money down the drain