mountainriver

Even if you got one, depositing it would raise some questions.

Reading this extract I was surprised, figuring the desperate search for investment money must mean that Kickstarter wasn't turning a profit despite a seemingly sound business model.

Reading the article I found out it was even stupider. Kickstarter wasn't lacking a path to profit, it was lacking a path to growth. And being a profitable company with a clear market nisch isn't cool enough. Everything has to grow, grow, grow. So Kickstarter created a bunch of problems for itself, destroying much of its brand. It's that stupid.

I did jiu-jitsu In middle school. We had two guys who were perhaps about 20 years old as assistant coaches. Pretty impressive belt colours and to us kids really cool and good at jiu-jitsu. I don't remember their names, lets call them Jim and Peter.

So nearing the end of a class Jim and Peter gathers us for a bit of pep talk. Jim: Good work everybody! Peter: We will soon end class, but first one thing... Jim: No? No, that was the last thing? Peter: Everyone, get Jim! Jim: What? No!

And I can tell you Jim was no match for two dozen ten year olds with white belts.

I have next to no idea how ETFs work. I just assumed it wouldn't send people into a deflating bubble.

Care to share how it's actually deflating the bubble faster?

As I understand it, the situation is that no new money flows into the Satoshi scheme and the whales uphold the price of Bitcoin to extend and pretend. Meanwhile crypto is getting cut off from banks and payment institutions. What I am wondering is:

• Is there a way for the small fry to sell their small holdings and get out?
• Are the whales buying to keep the price up and thus creating a somewhat liquid market?
• Is there a run for the exit and if not,why?