ST Alpha - "Of course they did. Throwing good money after bad shouldn’t be taken as meaning much, imho. -- (edited)" (Reading a Post)

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In response to "El Salvador must not be too worried because they bought the dip yesterday to the tune of 500 more Bitcoin. -- nm" by David

Of course they did. Throwing good money after bad shouldn’t be taken as meaning much, imho. -- (edited)

Posted by znufrii May 11 '22, 16:08

You think someone who would put his entire country at risk for this gamble has the capacity to admit he was wrong? Let alone any other potential consequences of this being a disaster. Sunk cost fallacy, nation-state edition.

Responses:

I think that buying Bitcoin at an average price of $30,700 will look great over time. -- nm - David May 11, 16:12 1
- Maybe, if it doesn’t bankrupt the country first. -- nm - znufrii May 11, 16:36
Come home to the US Dollar, all are welcome. -- nm - budice May 11, 16:12 1
- (Except Russia.) -- nm - David May 11, 16:13

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Of course they did. Throwing good money after bad shouldn’t be taken as meaning much, imho. -- (edited)

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