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Markets are not efficient much of the time. And Bitcoin even less so.

Source; I make a living exploiting market inefficiencies.

His point stands though. The general public can't know exactly when Bitcoin will collapse, because if they could, it already would have collapsed.

"A strange game. The only winning move is not to play."

Just saw it for the first time last night

It was so cool, especially after reading ready player one and discovering that one of my favorite Sega games as a kid was Galaga, but didn’t know the name until I saw it in an arcade a few weeks ago

80s movies about smart kids are awesome

His point is built on a theory with as much scientific rigor as Freud's penis envy work.

If economics was a functioning field of scientific study, The list of top 100 richest people would all be economists withholding scientific findings for their own gain, not a bunch of rich kids swinging their money dicks around.

I wrote a long response but realized I don't want to enter a discussion with someone being as exceptionally uncharitable you are.

You are what makes the market slightly more efficient.

Reply on news.ycombinator.com