Row 8932
Content Data
This page contains data entry 8932 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.
I'm familiar with Newton and the south sea company, Newton needed to diversify his bonds. The value quote is Buffet talking about value investing right, assets and earnings compared to the price. Every crypto has 0 value in value investing terms, thought it can have use value for people. I'm not sure if you are referencing the value investing definition or the use-case definition of value. I don't think a single crypto has value in the value investing meaning.
I maybe overestimate how many BTC are held by people who knows it represents nothing other than a number on a ledger that people trade.
Bitcoin, and other crypto, goes on as long as it's listed and there are people who trade it. I don't think there is a lot of growth potential in BTC, in that most people living currently that will be interested in holding it are already holding it. But I still think it can continue on growing below market rates but above nominal USD rates, even if everyone knows what it is and how it works, because people actually want pure ponzi like that.
Which is not me advocating for holding BTC for returns, I personally betting on the market over any crypto long term, I'd still use crypto if it has some benefit to me, like privacy and low fees for BCH, but I won't hold a non-trivial percentage of my wealth in it.
| Field | Value |
|---|---|
| text | I'm familiar with Newton and the south sea company, Newton needed to diversify his bonds. The value quote is Buffet talking about value investing right, assets and earnings compared to the price. Every crypto has 0 value in value investing terms, thought it can have use value for people. I'm not sure if you are referencing the value investing definition or the use-case definition of value. I don't think a single crypto has value in the value investing meaning. I maybe overestimate how many… |
| label | r/btc |
| dataType | comment |
| communityName | r/btc |
| datetime | 2024-05-20 |
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Raw Record
{
"text": "I'm familiar with Newton and the south sea company, Newton needed to diversify his bonds. \n \nThe value quote is Buffet talking about value investing right, assets and earnings compared to the price. Every crypto has 0 value in value investing terms, thought it can have use value for people. I'm not sure if you are referencing the value investing definition or the use-case definition of value. I don't think a single crypto has value in the value investing meaning.\n\nI maybe overestimate how many BTC are held by people who knows it represents nothing other than a number on a ledger that people trade.\n\nBitcoin, and other crypto, goes on as long as it's listed and there are people who trade it. I don't think there is a lot of growth potential in BTC, in that most people living currently that will be interested in holding it are already holding it. But I still think it can continue on growing below market rates but above nominal USD rates, even if everyone knows what it is and how it works, because people actually want pure ponzi like that.\n\nWhich is not me advocating for holding BTC for returns, I personally betting on the market over any crypto long term, I'd still use crypto if it has some benefit to me, like privacy and low fees for BCH, but I won't hold a non-trivial percentage of my wealth in it.",
"label": "r/btc",
"dataType": "comment",
"communityName": "r/btc",
"datetime": "2024-05-20",
"username_encoded": "Z0FBQUFBQm5Lakw0N3ZMSC1nUTJ0Y0JsNDJSdllYSWJITTAyT25MMkdBd2dwZlljRmtOTUVZdW9SeGpNU1JIZGJDOUZPX3B0cUVITUJLMkh2dS1id0Zra0RYbVhGYW1tSWc9PQ==",
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}
Entry Information
- Entry ID: 8932
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000