Re:Kik, once valued at $1B, is to be closed
by Method-X on Thursday September 26, 2019 @09:27AM
(#21080697)
I made no comment(s) on your above mentioned points. I was replying the assertion that "trading gains are someone else's trading loses".
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Re:Kik, once valued at $1B, is to be closed
by pjc50 on Thursday September 26, 2019 @09:44AM
(#21080804)
It's an arithmetic consequence of there not being any intrinsic return. The money won from cryptocurrency trading can only come from other traders, because there are no coupons, dividends, or physical deliveries.