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- nb2
Bitcoin
“Bitcoin essentially tracks the market. It’s about the same as investing in SP500”.
I’ve heard this lately from a few people... even financial advisors on TikTok. It’s starting to catch on. Maybe because both are at all-time highs? But it’s not even close to true. Don’t listen to these fools.
Let’s compare:
Past 3 months —
S&P: +12%
BTC: +39%Past 6 months —
S&P: +15%
BTC: +35%Past year —
S&P: +38%
BTC: +121%Past 2 years —
S&P: +60%
BTC: +382%Past 5 years —
S&P: +94%
BTC: +857%I’m not telling you to buy bitcoin. Crypto is super high risk and has no underlying value. It’s pure speculation.
All I’m saying is: most people are parrots. They repeat what they heard or read because it feels true or because they assume the person who told them seemed knowledgeable.
- https://www.qbn.com/…nb
- people parrot a lot of things when it comes to btc. this thread a prime exampleinteliboy
- "financial advisors on TikTok" lolskinny_puppy
- i rather invest in SP500milfhunter
- I'd rather invest in SPF50.
Health is wealth.palimpsest - In May I bought some of both. S&P winning.monospaced
- Certainly don't buy Bitcoin now. It's at an ATH!microkorg
- S&P also at all time high and I would recommend buying it. Therein lies the difference.monospaced
- Kewl Ponzi Schemeutopian
- sp companies has assets bound in btc?ArchitectofFate
- I used to love going to the racetrack with my grandfather when I was a kidGnash
- LOL tracking the moves, not the percentages
and both tracking monetary policy and other indicators of bull/bear marketsgrafician - and ofc with bitcoin being too risky for long term folios
Imagine Sp500 going to 6900 just because traders like the number 69 or 4200 whatevergrafician - These numbers are already off a bit. Depends on day and even time of day boughtnb
- But IN NO WAY does it “track” the broader marketnb
- what can I tell you...
https://www.coindesk…grafician - https://www.blockcha…grafician
- Grafician, ignoring opportunity cost is a dumb way to think about investing.nb
- “They both went up” lulznb
- < also offtopic but have you noticed even the percentages go up by 3-6-9 times :))grafician
- buying bitcoin is not investing, is gamblinggrafician
- but sure follow tik tokers for more "investing" tips and tricks :)))grafician
- I’m not taking advice from TikTok obviouslynb
- I said I heard this false statement on TikToknb
- DaveO-1
Bitcoin
I continually find the whole thing very confusing.
Until it has a mainstream practical use that's beneficial, it feels to me like a very strange pyramid scheme, casino, or dare i say religion?
Religion: a lot of investment and faith on something that has no proof or physical evidence, and yet continues to attract people to devote themselves to it.
- Long story short...it's all a Ponzi scheme.utopian
- Are paper notes with numbers printed on them any less confusing?colab
- @colab – no, but as a speculative asset, bitcoin's value is based on "because we all say so" – vs other stocks, commodities or companies that are realDaveO
- I assure you the value of most stocks is not because of the real value of the companynb
- However, you’re right in that companies have some real value, whereas bitcoin has no real valuenb
- Bitcoin is more like Ponzi. Except in a typical Ponzi scheme, only one person knows it’s a Ponzi scheme. Most of us know btc is a Ponzi scheme.nb
- is gold a ponzi?zaq
- No, but diamonds are.nb
- diamonds are a marketing scam, not a ponzi lolgrafician
- If anyone can give me five practical, real-world uses as a currency i'd love to see themDaveO
- great for the black market and doing illegal shit. Also it's like gypsy street hustlers but in digital form._niko
- Nairn6
Signs your getting old?
Putting glasses on when you've already got a pair sitting on your head.
- mort_14
- LOLYakuZoku
- *takes notes*Akagiyama
- 'Every youtube advert'PhanLo
- Let me help you make your side hustle $62,000,000 in 3 months.utopian
- Just fax me over $5k and I’ll let you know how to get this for half priceprophetone
- ...with this one secret trickmort_
- LOL @ half price.palimpsest
- the question is, did he sell it?milfhunter
- Hah, Well played.. well playeddee-dubs
- grafician6
- You know he doesn’t design and build the cars himself, right? You know how companies work, right?nb
- You know how he works, right?Nairn
- When he talked about mini rescue cave subs I don’t know anything about mini rescue cave subs so when people said he was an idiot I figured they were right_niko
- I bet he also doesn't know anything about governments
typical tech bros thinking their knowledge in one field will transfer to everything lolgrafician
- grafician3
- Daniela Melchior photo by An Le for Vogue Portugal
Set design: Carmen Barbergrafician - https://youtu.be/UrG…YakuZoku
- Fuck anyone involved in sinking a '70 Challenger for a crappy photo shoot.
>:-(theonlyengineerhere - Valencia?Chimp
- Far Car!sab
- ^OBBTKN
- not only sinking it but allowing HEALS ON THE ROOF?!!/1??PonyBoy
- Daniela Melchior photo by An Le for Vogue Portugal
- sted10
- Not spam, just accidentally posted a new AI thread.Ingridius
- < dat note spamnb
- https://reactiongifs…maquito
- grafician2
- 1:1 scale?Fax_Benson
- lol Faxutopian
- oooooo ouch flol fax_niko
- LOLYakuZoku
- Gardener4
- Does this really work?utopian
- Yes it works for all services. I pay for nothing at all onlinenb
- I did a similar thing during y2k. Got a bunch of bank loans and bought cars, houses, jewelry all on credit card.nb
- Then when y2k happened the debts were erased because software engineers don’t know how to code dates or timesnb
- I plan to do it again but even bigger for Y3Knb
- LOLOBBTKN
- nb12
- That's what I heard, anyway.Continuity
- for a better tomorrowPhanLo
- that's what I tell my other halfFax_Benson
- Well I nevernb
- Or so the Germans would have us believe.palimpsest
- lol fax, yup “ it’s a design forum honey, we talk about the latest CSS tricks and typography trends, That’s why I’m on it all day”_niko
- Yeah I tell people that it's a design forum were I fight with my American friendsgrafician
- Americans call it Swiss Design. It stays.monospaced
- Now I’ve seen everythingnb
- Build your portfolio with Kropfuturefood
- Build your portfolio with wix.comnb
- Build your portfolio with squarespace.comutopian
- for @nb: https://altneu.42web…renderedred
- I thought everyone went to templates and frameworks 10+ years ago. Anyone still designing from scratch?spot13
- The design content is here: https://www.qbnpro.c…maikel
- ^ LOL "it stays"grafician
- Funny...every time that I post design related stuff here on QBN...it either gets downvoted or quickly descends to the bottom of the QBN feed.utopian
- Post better things?nb
- @utopian
Post whatever the fuck you want but then don't be a little bitch and cry about the same topics you help promote.palimpsest - Posting stuff only to see it on the frontpage is a sad way to live.palimpsest
- @palimpsest
Fuck off you sniveling cock sucking POS,
Have a Nice Week!utopian - You should look up sniveling, buddy. I'm certainly not t he one doing it here.palimpsest
- The rules are, the first one, never talk about this site...OBBTKN
- Well, I talk about it with my partner, but, that's understandable... But with no one elseOBBTKN
- And, no. This is not a design forum, it's a designers' forumOBBTKN
- "This is not a design forum, it's a designers' forum."
Preach, brother. Preach!palimpsest - Please keep Preaching to the Religion threadnb
- prophetone5
W. T. F.
ITC Conduit ?
- Yes that is the one thank you!nb
- I was gonna guess DINmonospaced
- Me too I was going to say DIN but I thought it was a bit off_niko
- I thought DIN too at first glance, it’s closeprophetone
- It’s nicer than DIN. I don’t know this one but it’s pretty cool. I like the capital Amonospaced
- nice findutopian
- palimpsest2
QBN Suggestion Box
Everyone posts a list of 5 threads they want deleted. The top 10 threads get deleted. We start again in 4 years.
- Trump, Kamala, Biden, Fucked, IsraelYakuZoku
- Touch the Food thread, and I'll kill you all.
Twice.Continuity - Stupid problems require stupid solutions.palimpsest
- IT'S SACROSANCTContinuity
- Punish the many for the sins of the few.palimpsest
- "Asshole". :(Continuity
- here is my 1-10:
https://www.qbn.com/…sted - Well played, sted.palimpsest
- My list here: https://www.qbn.com/…nb
- Fuck You!utopian
- Why would you delete threads?jagara
- all the AI shitface_melter
- HAL90017
QBN Suggestion Box
Sell QBN to Elon Musk so he can restore our freedom of speech
- utopian10
QBN Suggestion Box
Let everyone and anyone post within the "The Politics Thread"
Delete the following threads:
• America is Fucked
• UK is Fucked
• The World is Fucked
• Donald Trump
• Kamala of the Day
• Joe Biden of the Day
• Joe Rogan of the Day
• Israel Bombing Shit
• The Russian Thread- • Tim Walz of The DayYakuZoku
- • BrexitYakuZoku
- I disagree. Whilst these threads can be a quagmire (giggety) of tit-for-tat shit-talk they are valuable, entertaining and sometimes educational. The fact that..Morning_star
- ...the different categorisations help to identify what subjects are under discussion if useful, one thread-for-all is controlling and sure to be an ultra...Morning_star
- ...confusing place.Morning_star
- DeLetE AlL tHe ThiNgS!Nairn
- Remove all politics. Make this a design forum again. If you must post about politics, duck off to X or reddit.colab
- ^ yupYakuZoku
- Where The Fun ISN'Tpalimpsest
- Keep the discussion bc it's therapeutic to vent, argue etc and entertaining BUT contain it all in Politics so we can choose to be bummed outprophetone
- instead of seeing the feed littered with exhausting whack a doodle bs on loopprophetone
- Also "Donald Trump" will no doubt never disappear off the left rail for another 4+ years so just nuking that is a great startprophetone
- So now you're going to take your ball and go home?!palimpsest
- Rather than politics per se, the ‘is fucked’ threads were about Covid, but morphed into general point and laugh. Why not?MrT
- the timing of this request is a little suspecthotroddy
- Hold on, I thought technology was the answer to all our problems.. u mean it's not? Let's put some AI enabled smart drones on this problem and 3d print a ticketcherub
- off this cursed planet. Then we can pollute... the WHOLE UNIVERSE!cherub
- https://www.youtube.…cherub
- Funny how Utopian wants to ban these threads after his side lost.Chimp
- https://www.qbn.com/…palimpsest
- If people want to talk about design stuff more just start talking about it. No one's stopping you.yuekit
- This threads are important for historical reasons..."Dear America, If Donald Trump gets elected as president you will prove once and for all that you're a countyuekit
- Be the change you want to see in the world. Or keep posting in the Trump thread.palimpsest
- I just come here to drink liberal tears come on, it's only been a week!Khurram
- Thanks for no-one suggesting Recent Vinyl Finds threadGardener