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Re: Metal Jockey post# 137752

Thursday, 12/07/2017 7:00:53 PM

Thursday, December 07, 2017 7:00:53 PM

Post# of 232829
Sorry to muck up our forum with non-LQMT stuff, but I'm not sure how much research you've done on crypto. I'm guessing by your comment, very little. You've made a common, but inaccurate comparison. The Tulip Bubble was a speculative bubble based on no substance (outside of frivolous opulence) and thus as with any bubble it imploded in a spectacular way. Crypto, on the other hand is a disruptive technology that represents a fundamental paradigm shift in the way humans use currency. For that reason, it transcends any comparison to previous financial bubbles.

But for a minute, let's assume that it is a comparable to the Tulip Bubble. Did people make fortunes on the way up? The answer is of course yes. Even as a crypto-enthusiast I'm not suggesting putting 100% of your portfolio into it, I'm just saying if you have been sitting here with $100k in LQMT watching it flip-flop around, putting 10% of that in a crypto could yield massive returns in the short/medium/long term. GLTA.
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