bitcoins vs altcoins

Discussion in 'Off-Topic' started by DiCEM0nEY, Jul 5, 2017.

  1. DiCEM0nEY

    DiCEM0nEY I need me some PIE!

    they aren't stocks.
     
  2. BurnPyro

    BurnPyro Forum Royalty

    stocks are things that go up and down based on their perceived value

    bitcoins only go up, didn't you know cryptocurrency is a sure thing?
     
    Geressen and Astamir like this.
  3. MrBadguy

    MrBadguy Guest

    I remember when I was in high school and bitcoins were 20 or less bucks. What a wasted opportunity.
     
  4. BurnPyro

    BurnPyro Forum Royalty

    all these funny memes about these people doing research into bitcoins years ago and purchasing like 100$ worth, now having 70.000$ is pretty kek
     
  5. Markoth

    Markoth Lord Inquisitor

    I still like to give my dad crap because I told him to invest in Google back in 2004-2005 and he thought it was a dumb idea.
     
    DiCEM0nEY likes this.
  6. Dagda

    Dagda Forum Royalty

    one of my uncles told my parents to invest in aol way back


    they didn't, and sort of regret
     
    DiCEM0nEY likes this.
  7. Ltlelouch

    Ltlelouch The King of Potatoes

    I don't see the value, can someone explain?
     
  8. Dagda

    Dagda Forum Royalty

    i was pretty young when aol really started losing their grip, so my understanding of the details may be a bit off

    with that in mind, i think to begin with you need to understand that in the early days of the internet, browsers like chrome or firefox or other inferior options weren't really a thing. if memory serves there was a lawsuit against microsoft for packaging in their own browser (software) with their own computers (hardware). it attempted (and failed) to split the company in two, citing monopolization

    aol was one of the first big browsers. for a while i think it's safe to say it was the biggest. it was the premier gateway to the internet for most of the USA


    so its value, for a good number of years, rose substantially higher than when it had first started, which was around the time my uncle recommended buying in


    having said that, of course it's a risk to invest and everyone selling a sure thing is lying to you, and of course looking back now is all hindsight. mostly though i think people didn't expect the internet to start and then catch on the way it did
     
    BurnPyro likes this.
  9. DiCEM0nEY

    DiCEM0nEY I need me some PIE!

    aol was always shitty, it just capitolized on people's extremley limited understanding of the internet. also netscape was big
     
  10. darklord48

    darklord48 Forum Royalty

    AOL was an ISP that had a ton of its own content navigable through the software used to dial in. Many people never even used a browser. At the time the two options were Netscape and Internet Explorer. Firefox is built upon Netscape's foundation.
     
    BurnPyro and Dagda like this.

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