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  1. Pintos

    [Finance] The cryptocurrency (Bitcoin etc) thread

    Disagree, it’s not really standard practice when trying to demonstrate performance
  2. Pintos

    [Finance] The cryptocurrency (Bitcoin etc) thread

    Chart crime. Makes the recent 40% drop look insignificant. Can we have one with a linear y-axis?
  3. Pintos

    [Finance] The cryptocurrency (Bitcoin etc) thread

    Well…no. They have assets. They generate an income. Even if nobody wanted to own the shares and the price fell to zero, they could liquidate everything and pay out investors the cash (which is why the price will not go to zero, barring a dramatic downturn in business)
  4. Pintos

    [Finance] The cryptocurrency (Bitcoin etc) thread

    Must read for anyone dabbling: https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3 In short, Tether is manipulating the Bitcoin price and appears to be a massive fraud

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