Comments by "Samson Soturian" (@samsonsoturian6013) on "Why Bitcoin ETFs Flopped So Badly" video.

  1. Bagholder detected
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  2. Millionaires, not billionaires.
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  3. +95% of bitcoin are held in -5% of wallets and the coins are thinly traded. There are A LOT of whales that can move the price.
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  4. South Seas was much bigger and occurred in pre-idustrial society. It had a market cap four times the GDP of England at the time
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  5. Bagholders
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  6. Dear WSM: You have comment scam bots. Please block them.
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  7. Vhut?
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  8. Argentina might be dollarizing. that's the current big thing
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  9. Googling... On top of that, the founder use to work for DuPont (a criminally negligent chemical company that since dissolved) and received a quarter million investment from them to open his office. It was a software company in the 90's, and that's how they got big despite having to restate earnings in 2000 and losing several execs to fraud convictions. The remaining company has made software and investment funds using proprietary software ever since.
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  10. Why the fuck would that happen? Look at the news reals! Their comment sections are ghost towns and they're being written by people deep in the red. The only genuine investor commentary is right here, people calling it a pyramid scheme
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  11. Yes, but he's going over what Patrick Boyle said about chart crimes where tricks like this are often intentionally used to make the numbers look bigger @TacticusPrime 
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  12. These guys aren't billionaires, just millionaires. But the statistic is >95% of bitcoin are in <5% of wallets.
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  13. You can see why in the news coverage. Daily updates printed, but no one is reading them and comments are ghost towns, not even scam bots
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