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Thread: Elon Musk vs d j trump

  1. #1
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    Elon Musk vs d j trump

    ....both demonstrate the existence of the greater fools theory:

    NEW YORK, June 16 (Reuters) - Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency.

    In a complaint filed in federal court in Manhattan, plaintiff Keith Johnson accused Musk, electric car company Tesla Inc (TSLA.O) and space tourism company SpaceX of racketeering for touting Dogecoin and driving up its price, only to then let the price tumble.
    "A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
    "Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
    “You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis

  2. #2
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    Anyone who invest in Bit Coin is a fool as well...

  3. #3
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    Quote Originally Posted by Phillbo View Post
    Anyone who invest in Bit Coin is a fool as well...
    I've never seen a bitcoin...I only invest in blued or nickeled steel......Ben
    The future is forged on the anvil of history...The interpreter of history wields the hammer... - Unknown author...

  4. #4
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    I am also of the opinion that cryptocurrency is a scam.

    I do not understand the connection to #45. Did I miss it?

    Hunter
    I don't care if it hurts. I want to have control. I want a perfect body. I want a perfect soul. - Creep by Radiohead

  5. #5
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    Quote Originally Posted by UTAH View Post
    I am also of the opinion that cryptocurrency is a scam.

    I do not understand the connection to #45. Did I miss it?

    Hunter
    Trump is auto programmed into some people's posts.
    OPINION....a view or judgment formed about something, not necessarily based on fact or knowledge.

  6. #6
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    Quote Originally Posted by UTAH View Post
    I am also of the opinion that cryptocurrency is a scam.

    I do not understand the connection to #45. Did I miss it?

    Hunter
    Both are practitioners of "the greater fool theory".
    "A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
    "Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
    “You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis

  7. #7
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    Got it. It seems like it's a fancier method of, "buy low, sell high." Real estate probably fits the model best for most Americans. The "fool" part of it is simple, don't assume what we pay is lower than what the commodity is actually worth.

    Hunter
    I don't care if it hurts. I want to have control. I want a perfect body. I want a perfect soul. - Creep by Radiohead

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