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Why does almost everybody on this board swear by crypto currencies ?
I'm a financial noob and have almost no money to my name, which is why sometimes I come to this board... don't expect much from it, but literally every thread I dig into, there's somebody swearing about a new sort of bit coin, but when I try to research into it, it's almost non-existent or is heavily apparent that it's just a shitty start up or some other retarded shit.
It might just be my lack of knowledge on the topic, but it seems like everybody on this board invests 25 cents of every $1 they earn and try to invest it into some sort of new e-currency shit.
point being, doesn't really seem like people have much to talk about re: actual financial strategies, safe ways to invest, etc etc.
tell me if I'm wrong, because I wouldn't be surprised if I was, but IMO anything crypto currency related is fucking stupid, bitcoin did well and now everybody believes that there's going to be a predecessor that runs with the same trend.
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what you want is called espers
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>>2915604
The people on this board are the same people whp believe in 'doubling money','free trim' and various get rich quick schemes
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Well OP, /biz/ was actually made as a containment forum to get crypto threads out of /g/. It is essentially a crypto board, and while it is permissible to discuss "old world" assets like stocks, bonds, or other financial instruments, crypto is mainly what this board has always been, and will always be, about.
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>>2915604
Stay poor nocoiner, how's that wageslave life?
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>>2915604
They are reverse gambling. In gambling the expected returns are negative. In crypto the expected returns so far have been positive.
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