10-17-2022, 11:27 AM
When people use terms like 99% of all crypto will go to $0. They overlook how this i
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/y61fdq/when_people_use_terms_like_99_of_all_crypto_will/"> <img src="https://external-preview.redd.it/mSVTRmz3ctbSx0LfU9XLm7ZlsQMXNx5FTQpsFskTG1s.jpg?width=640&crop=smart&auto=webp&s=2e8ce2e5677c8696e76da1132e8b05ae55e93536" alt="When people use terms like 99% of all crypto will go to $0. They overlook how this is normal in ALL markets" title="When people use terms like 99% of all crypto will go to $0. They overlook how this is normal in ALL markets" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>So one of the FUD things that is used against us is how everything will lose complete value one day. Here is the problem with that statement. EVERYTHING will die one day. There is no single country, company, stock, bond, crypto, or anything that will stay around until the end of time.</p> <p>The point of the game isn't even trying to get what will stay around the longest. It is more about what will make you the most within your lifetime or the next generation. Maybe even what will make the most in the next few years.</p> <p>​</p> <p>For example, the Dutch East India Co. holds the distinction of being the first company to offer equity shares of its business to the public, effectively conducting the world's first initial public offering (IPO). It also played an integral role in modern history's first stock market crash.</p> <p>source: <a href="https://www.investopedia.com/ask/answers/08/first-company-issue-stock-dutch-east-india.asp">https://www.investopedia.com/ask/answers/08/first-company-issue-stock-dutch-east-india.asp</a></p> <p>But it died in 1800 when it went bankrupt.</p> <p><a href="https://preview.redd.it/0ys1y0bdmau91.png?width=602&format=png&auto=webp&s=c71682fbf094e7b78233f5d054fb908b0e9c095e">https://preview.redd.it/0ys1y0bdmau91.png?width=602&format=png&auto=webp&s=c71682fbf094e7b78233f5d054fb908b0e9c095e</a></p> <p><strong>Dutch East company stock price 1723–1788</strong> </p> <p>​</p> <p>Only a fool or someone who doesn't know their history really thinks their investment, company, the land they own, etc will win against the test of time.</p> <p>​</p> <p>Basically listing to these people for me at least is like hearing the commercial on how some anti-virus made a computer run 100% better. That means it turned on the computer. It makes no logical sense, and it just shows the person is stupid and pushing some agenda on people they can trick.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/crua9"> /u/crua9 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/y61fdq/when_people_use_terms_like_99_of_all_crypto_will/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/y61fdq/when_people_use_terms_like_99_of_all_crypto_will/">[comments]</a></span> </td></tr></table>
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/y61fdq/when_people_use_terms_like_99_of_all_crypto_will/"> <img src="https://external-preview.redd.it/mSVTRmz3ctbSx0LfU9XLm7ZlsQMXNx5FTQpsFskTG1s.jpg?width=640&crop=smart&auto=webp&s=2e8ce2e5677c8696e76da1132e8b05ae55e93536" alt="When people use terms like 99% of all crypto will go to $0. They overlook how this is normal in ALL markets" title="When people use terms like 99% of all crypto will go to $0. They overlook how this is normal in ALL markets" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>So one of the FUD things that is used against us is how everything will lose complete value one day. Here is the problem with that statement. EVERYTHING will die one day. There is no single country, company, stock, bond, crypto, or anything that will stay around until the end of time.</p> <p>The point of the game isn't even trying to get what will stay around the longest. It is more about what will make you the most within your lifetime or the next generation. Maybe even what will make the most in the next few years.</p> <p>​</p> <p>For example, the Dutch East India Co. holds the distinction of being the first company to offer equity shares of its business to the public, effectively conducting the world's first initial public offering (IPO). It also played an integral role in modern history's first stock market crash.</p> <p>source: <a href="https://www.investopedia.com/ask/answers/08/first-company-issue-stock-dutch-east-india.asp">https://www.investopedia.com/ask/answers/08/first-company-issue-stock-dutch-east-india.asp</a></p> <p>But it died in 1800 when it went bankrupt.</p> <p><a href="https://preview.redd.it/0ys1y0bdmau91.png?width=602&format=png&auto=webp&s=c71682fbf094e7b78233f5d054fb908b0e9c095e">https://preview.redd.it/0ys1y0bdmau91.png?width=602&format=png&auto=webp&s=c71682fbf094e7b78233f5d054fb908b0e9c095e</a></p> <p><strong>Dutch East company stock price 1723–1788</strong> </p> <p>​</p> <p>Only a fool or someone who doesn't know their history really thinks their investment, company, the land they own, etc will win against the test of time.</p> <p>​</p> <p>Basically listing to these people for me at least is like hearing the commercial on how some anti-virus made a computer run 100% better. That means it turned on the computer. It makes no logical sense, and it just shows the person is stupid and pushing some agenda on people they can trick.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/crua9"> /u/crua9 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/y61fdq/when_people_use_terms_like_99_of_all_crypto_will/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/y61fdq/when_people_use_terms_like_99_of_all_crypto_will/">[comments]</a></span> </td></tr></table>