New study detects lottery-like behavior in cryptocurrency markets

Re:New study detects lottery-like behavior in cryptocurrency... by throwawayfire on Thursday April 01, 2021 @02:19PM (#26664163)

You understand that you're characterising crypto as a pyramid scheme, I guess?

[ Parent | on HN ]

Re:New study detects lottery-like behavior in cryptocurrency... by viklove on Thursday April 01, 2021 @02:23PM (#26664214)

We missed the train on MSFT, AAPL, TSLA, etc. as well. Are those pyramid schemes in your eyes, too?

[ Parent | on HN ]

Re:New study detects lottery-like behavior in cryptocurrency... by yunohn on Thursday April 01, 2021 @02:29PM (#26664295)

No, they’re called companies.

[ Parent | on HN ]

Re:New study detects lottery-like behavior in cryptocurrency... by viklove on Thursday April 01, 2021 @03:52PM (#26665229)

Bravo, 10/10 response.

Since you seem to be ignorant of this, Bernard L. Madoff Investment Securities LLC and Enron were also "companies," so your response isn't as witty as you think.

[ Parent | on HN ]

Re:New study detects lottery-like behavior in cryptocurrency... by yunohn on Thursday April 01, 2021 @04:35PM (#26665677)

I really think “MSFT, AAPL, TSLA” aren’t comparable to your examples.

[ Parent | on HN ]

Re:New study detects lottery-like behavior in cryptocurrency... by viklove on Thursday April 01, 2021 @04:48PM (#26665831)

Yes, and I don't think cryptocurrencies are either. I thought it was clear that this was the object of our disagreement.

Going back to the reason for this thread, saying we "missed the boat" on anything does not mean it is a pyramid scheme -- I think I've demonstrated that and I'm not sure what the point of your comments is any more.

[ Parent | on HN ]