Dissertation on Bitcoins
Feb 5, 2018 04:26:30 #
A lot of monkeys lived near a village. 🐵🐵🐵🐵🐵🐵
One day a merchant came to the village to buy these monkeys. He announced that he would buy the monkeys @ $100 each. 🐵💵
The villagers believed the man was mad. They thought: how can somebody buy stray monkeys at $100 each? Still, some people caught some monkeys and gave them to this merchant and he gave $100 for each monkey.
This news spread like wildfire and people caught monkeys and sold them to the merchant.
After a few days, the merchant announced that he would buy monkeys @ $200 each.
Now also the lazy villagers ran around to catch monkeys and sold the remaining monkeys @ $200 each.
Then the merchant announced that he would buy monkeys @ $500 each. The villagers started to lose sleep. They caught six or seven monkeys, which was all that was left and got $500 each.
The villagers were waiting anxiously for the next announcement.
Then the merchant announced that he was going home for a week. And when he returned, he would buy monkeys @ $1000 each!
He asked his employee to take care of the monkeys he had bought. Whilst the merchant went home, the employee stayed behind, alone, taking care of all the monkeys in a cage.
The villagers were very sad as there were no more monkeys left for them to sell it at $1000 each.
Then the employee told them that he would sell some monkeys @ 700 each secretly. This news spread like wildfire, since the merchant buys monkeys @ $1000 each, there is a $300 profit for each monkey.
The next day, villagers made a queue near the monkey cage. The employee sold all the monkeys at $700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys!
The villagers took care of their monkeys & waited for the merchant to return. But nobody came... Then they ran to the employee. But he had already left too!
The villagers then realized that they bought the useless stray monkeys @ $700 each and were unable to sell them!
The Bitcoin will be the next monkey business. It will make a lot of people bankrupt and a few people filthy rich in this monkey business.
One day a merchant came to the village to buy these monkeys. He announced that he would buy the monkeys @ $100 each. 🐵💵
The villagers believed the man was mad. They thought: how can somebody buy stray monkeys at $100 each? Still, some people caught some monkeys and gave them to this merchant and he gave $100 for each monkey.
This news spread like wildfire and people caught monkeys and sold them to the merchant.
After a few days, the merchant announced that he would buy monkeys @ $200 each.
Now also the lazy villagers ran around to catch monkeys and sold the remaining monkeys @ $200 each.
Then the merchant announced that he would buy monkeys @ $500 each. The villagers started to lose sleep. They caught six or seven monkeys, which was all that was left and got $500 each.
The villagers were waiting anxiously for the next announcement.
Then the merchant announced that he was going home for a week. And when he returned, he would buy monkeys @ $1000 each!
He asked his employee to take care of the monkeys he had bought. Whilst the merchant went home, the employee stayed behind, alone, taking care of all the monkeys in a cage.
The villagers were very sad as there were no more monkeys left for them to sell it at $1000 each.
Then the employee told them that he would sell some monkeys @ 700 each secretly. This news spread like wildfire, since the merchant buys monkeys @ $1000 each, there is a $300 profit for each monkey.
The next day, villagers made a queue near the monkey cage. The employee sold all the monkeys at $700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys!
The villagers took care of their monkeys & waited for the merchant to return. But nobody came... Then they ran to the employee. But he had already left too!
The villagers then realized that they bought the useless stray monkeys @ $700 each and were unable to sell them!
The Bitcoin will be the next monkey business. It will make a lot of people bankrupt and a few people filthy rich in this monkey business.
Feb 5, 2018 05:27:28 #
My father always told not to invest in something I did not understand. Now I see why I have not gotten involved in this business. Some of my friends tell me they are making a lot of money. I wish them well.
Feb 6, 2018 06:24:29 #
Great story. You can really fool a lot of people most of the time as long as their motivation is GREED.
Feb 6, 2018 08:36:07 #
Feb 6, 2018 08:45:07 #
cdayton wrote:
Let’s see, I have this bridge in Brooklyn that I’d like to sell. Any offers?
How about a good deal on some waterfront property in Arizona??
Feb 6, 2018 09:14:38 #
Robert R wrote:
How about a good deal on some waterfront property in Arizona??
With everything going on in California, it might be a good investment!
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