Comments by "dbergerac" (@dbergerac9632) on "FREENVESTING" channel.

  1. I'm sitting on a mountain of pet rocks just waiting for their comeback.
    1
  2. True, his lack of life experience would not be useful as a guide.
    1
  3. Oddly, there is a lot more gold than there is supposed to be Bitcoin. How IS that supposed to work out?
    1
  4. Bitcoin does not even "remain the same" from week to week. As valued in real money, of course.
    1
  5. The steam engine drove the industrial revolution. Industry is important, but we just don't use those steam engines for much now.
    1
  6. Gamblers place bets; he bought a crypto casino and is paid (in currency) by the gamblers to make their bets.
    1
  7. That's funny, a lot of crypto cultists in the comments are saying that he just bought a crypto bank.
    1
  8. They did a LOT of it until 2008 and everyone lost their shirts; Billons vanished like smoke. That is how this ends.
    1
  9. Trust no one. This goes double for people trying to sell you an "investment opportunity".
    1
  10. Perhaps he is. Neither fiat currency nor cryptocurrency add value; either can be used to buy things that do. He does not hoard fiat currency like Walter White, he buys things that add value. If that is the goal, you can just skip the crypto and get down to the real investment.
    1
  11. If the victims stop praising it, they will end up losing it all.
    1
  12. The only people who got rich with Bitcoin are those who SOLD them for dollars at the right time.
    1
  13. The investment is in the industries that supply the miners.
    1
  14. Do you REALLY believe that governments cannot bitch-slap Bitcoin whenever it suits them?
    1
  15. Then you lost 1.62% today.
    1
  16. When the shadowy creator of Bitcoin cashes in his piece and the sell-off begins, so much money will vaporize that the inflation rate might even drop.
    1
  17. Odd, I used dollars to buy Real Estate recently. I guess those dollars, by themselves, had that much value.
    1
  18. I've been cash-free for years. My income in dollars is digitally deposited to my account, I swipe a card when I buy something, or I digitally pay a bill. I probably would not recognize the most recent version of a hundred-dollar bill. I don't own a checkbook. I did all of this without joining a cult.
    1
  19. So, the goal of Bitcoin is to increase your possession of DOLLARS?
    1
  20. I did not know that flipping Dairy Queens was a thing. I thought their money came from selling goods to consumers, not re-selling the asset to the next buyer.
    1
  21. I was born too late to buy into tulips but I will dodge the bullet on Bitcoin.
    1
  22. Yes. He does not invest in dollars either, of course. His investments provide him more dollars to invest in more things that provide more dollars. Just buying dollars and waiting for them to reproduce is too stupid to contemplate.
    1
  23. It's a cult now.
    1
  24. How odd; A man gave me groceries for dollars just hours ago.
    1
  25. When Bitcoin collapses, there will be no government bailout.
    1
  26. Yep, he's keeping his support on the down-low to hold the value of his investment down.
    1
  27. You will be very happy because it is not producing a thing.
    1
  28. I remember buying arcade tokens to use for games. I guess arcade tokens actually were the future.
    1
  29. That's why he doesn't invest his dollars in dollars; he uses his dollars to buy things that grow more dollars.
    1
  30. Mine produces quite a bit to the Bank that provided me the card. About 5 times the prime rate.
    1
  31. And EVERY person praising Bitcoin has bought Bitcoin and wants to trade it for more DOLLARS when the price is right, which is indeed their self interest.
    1
  32. So, you've made arrangements with your employer to pay you in Bitcoin or are you still trusting your labor to be paid in currency? Do you have faith that your landlord will accept that currency? Have you moved your 501k into Bitcoin?
    1
  33. He probably would, he gets rid of them into productive investments as fast as he can. Those doggone investments just keep paying off in those damned dollars.
    1
  34. Not as long as you measure your crypto gains/losses in dollars.
    1
  35. Cults end poorly.
    1
  36. And they are promoting BC like madmen.
    1
  37. By sexual reproduction or by mitosis?
    1
  38. Well, we don't call them banks.
    1
  39. Did you hand it back last payday? Yes, it has value, even to you.
    1
  40. Buying a house to make rental income does multiply your wealth. Buying a home to live in is cheaper than renting one which makes someone else wealthier, so that too offers value.
    1
  41. So did Tulips, until the bubble popped.
    1
  42. Neither a borrower nor a lender be, be a broker. When some fool wants to buy worthless swampland from someone who has it, the wise man brokers the deal for a fee and never sees the swamp.
    1
  43. What did you decide to trade your labor for this week?
    1
  44. He is on record that gold is not an "investment". It truly is not. Just as Bitcoin's ups and downs are measured relative to dollars, dollar's ups and downs are measured relative to gold.
    1
  45. Why not? If people are buying and selling feces for billions, anyone would be willing to broker those deals. It's not like buying lottery tickets, it's like buying the store that sells them.
    1
  46. Still holding out for more dollars I see.
    1
  47. No. He bought a bank that deals in bitcoins so that he can get a share of the sucker-money without risking his. Without owning any Bitcoin, he can make (real) money off of thousands of transactions in it. Genius.
    1
  48. Always? I can recall three completely different governments there in my lifetime, it might be more.
    1
  49. Yes. He will gladly accept fees to facilitate fools trading with other fools. He'd broker dirt if there was a big enough commission.
    1
  50. The people who made a lot in Bitcoin took out their money in...dollars.
    1