# Why didnt u sell on top? 📉 **URL:** \ **Category:** Out Of Pod Experience\ **Created:** [January 15, 2021, 6:40pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275 "2021-01-15T18:40:32Z")\ **Posts on this page:** 20\ **Page:** 52
**Author:** ![Xeux](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/xeux/32/428022_2.png) [@Xeux](https://forums.eveonline.com/u/Xeux)\ **Post date:** [May 28, 2021, 9:30pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1273 "2021-05-28T21:30:42Z")
LMAO. Counterparty risk is still risk. You give all your money to some company and you risk having them turn out to be scoundrels. Company’s lose money and go bankrupt ALL THE TIME. No matter what you do, you have risk. I’ll bet even stuffing money in your mattress has more than 2% risk. ---
**Author:** ![Alistair\_Atreides](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/alistair_atreides/32/267403_2.png) [@Alistair\_Atreides](https://forums.eveonline.com/u/Alistair_Atreides)\ **Post date:** [May 28, 2021, 9:33pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1274 "2021-05-28T21:33:08Z")
> [@Xeux](#): > > LMAO. Counterparty risk is still risk. You give all your money to some company and you risk having them turn out to be scoundrels Well don’t do that. Shouldn’t be hard to find quality brokerages these days. ---
**Author:** ![Alistair\_Atreides](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/alistair_atreides/32/267403_2.png) [@Alistair\_Atreides](https://forums.eveonline.com/u/Alistair_Atreides)\ **Post date:** [May 28, 2021, 9:33pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1275 "2021-05-28T21:33:49Z")
> [@Xeux](#): > > Company’s lose money and go bankrupt ALL THE TIME I’d give you a month long bet that JPM isn’t going bankrupt within that month. ---
**Author:** ![Alistair\_Atreides](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/alistair_atreides/32/267403_2.png) [@Alistair\_Atreides](https://forums.eveonline.com/u/Alistair_Atreides)\ **Post date:** [May 28, 2021, 9:34pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1276 "2021-05-28T21:34:36Z")
Never heard of MF Global. Why would I put my money with them? ---
**Author:** ![Xiombarg\_Ohmsford](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/xiombarg_ohmsford/32/172425_2.png) [@Xiombarg\_Ohmsford](https://forums.eveonline.com/u/Xiombarg_Ohmsford)\ **Post date:** [May 28, 2021, 9:35pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1277 "2021-05-28T21:35:33Z")
[https://money.cnn.com/news/specials/storysupplement/bankbailout/](https://money.cnn.com/news/specials/storysupplement/bankbailout/) ---
**Author:** ![Xeux](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/xeux/32/428022_2.png) [@Xeux](https://forums.eveonline.com/u/Xeux)\ **Post date:** [May 28, 2021, 9:35pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1278 "2021-05-28T21:35:47Z")
You wouldn’t now. But they were a big player once. I pity you the painful lessons you will have to learn in the coming years. ---
**Author:** ![Alistair\_Atreides](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/alistair_atreides/32/267403_2.png) [@Alistair\_Atreides](https://forums.eveonline.com/u/Alistair_Atreides)\ **Post date:** [May 28, 2021, 9:37pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1279 "2021-05-28T21:37:28Z")
> [@Xeux](#): > > You wouldn’t now. But they were a big player once They don’t sound like a big player. Why would I put my money in anything but the biggest of the big? And why would I let someone trade my money for me? I mean I guess that’s the purpose of hedgefunds but that is a risk that has to be factored. If you think 20% returns on your money is a good return for the risk of leaving it in Blackrocks hands then fine…but you have to assess that risk. ---
**Author:** ![Alistair\_Atreides](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/alistair_atreides/32/267403_2.png) [@Alistair\_Atreides](https://forums.eveonline.com/u/Alistair_Atreides)\ **Post date:** [May 28, 2021, 9:38pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1280 "2021-05-28T21:38:03Z")
> [@Xeux](#): > > pity you the painful lessons you will have to learn in the coming years I’ve been investing for 30 years…never lost money because someone mismanaged it fraudulently ---
**Author:** ![Xeux](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/xeux/32/428022_2.png) [@Xeux](https://forums.eveonline.com/u/Xeux)\ **Post date:** [May 28, 2021, 9:38pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1281 "2021-05-28T21:38:49Z")
Keep at it. I’m sure you’ll get there. The entire system is a fraud filled with powerful liars and thieves. They just haven’t gotten around to you yet. ---
**Author:** ![Alistair\_Atreides](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/alistair_atreides/32/267403_2.png) [@Alistair\_Atreides](https://forums.eveonline.com/u/Alistair_Atreides)\ **Post date:** [May 28, 2021, 9:39pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1282 "2021-05-28T21:39:24Z")
> [@Xeux](#): > > Keep at it. I’m sure you’ll get there. The entire system is a fraud filled with powerful liars and thieves. They just haven’t gotten around to you yet Uh no. Lol ---
**Author:** ![Xeux](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/xeux/32/428022_2.png) [@Xeux](https://forums.eveonline.com/u/Xeux)\ **Post date:** [May 28, 2021, 9:39pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1283 "2021-05-28T21:39:56Z")
You know it is true - or you wouldn’t have so much faith in JPM to overcome any obstacle. ---
**Author:** ![Alistair\_Atreides](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/alistair_atreides/32/267403_2.png) [@Alistair\_Atreides](https://forums.eveonline.com/u/Alistair_Atreides)\ **Post date:** [May 28, 2021, 9:41pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1284 "2021-05-28T21:41:45Z")
> [@Xeux](#): > > You know it is true - or you wouldn’t have so much faith in JPM to overcome any obstacle I don’t have anything to do with JPM. I just know it’ll be here 10 years from now. ---
**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\ **Post date:** [May 29, 2021, 9:13am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1285 "2021-05-29T09:13:07Z")
> [@Xeux](#): > > Or, your trading company might gamble on Greek bonds and accidentally lose your money… Not your keys, not your cryp… greek bonds? Ok, I see your problem. Maybe don’t invest in the legacy system. ---
**Author:** ![LordOdysseus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/lordodysseus/32/422627_2.png) [@LordOdysseus](https://forums.eveonline.com/u/LordOdysseus)\ **Post date:** [May 29, 2021, 10:44am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1287 "2021-05-29T10:44:57Z")
This guy is pro-Bitcoin and he is highly cherished by the UAE government: > > > ARK Invest @ARKInvest ---
**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\ **Post date:** [May 29, 2021, 11:07am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1288 "2021-05-29T11:07:49Z")
Oh and for the “the government will ban Bitcoin!” people: Enter Professor Gary Gensler, he is now the appointed Security and Exchange Commission (SEC) chairman and he literally gave lectures about crypto and blockchain technology at MIT. You can watch it here: [1. Introduction for 15.S12 Blockchain and Money, Fall 2018 - YouTube](https://www.youtube.com/watch?v=EH6vE97qIP4) ---
**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\ **Post date:** [June 6, 2021, 3:39am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1290 "2021-06-06T03:39:30Z")
Oh and another one for the “the government will ban Bitcoin!” people: > **[Bitcoin to become legal tender in El Salvador, president says at...](https://www.msn.com/en-us/news/technology/bitcoin-to-become-legal-tender-in-el-salvador-president-says-at-cryptocurrency-event/ar-AAKKmKz)** > > President Nayib Bukele has announced that he will be introducing a bill to make El Salvador the first sovereign state to accept bitcoin as a legal tender. ---
**Author:** ![Nana\_Skalski](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/nana_skalski/32/489985_2.png) [@Nana\_Skalski](https://forums.eveonline.com/u/Nana_Skalski)\ **Post date:** [June 6, 2021, 6:01am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1291 "2021-06-06T06:01:49Z")
And what is the reason thirld world country that uses american dollarinos instead of their own currency, will accept bitcoin? Economic independency? Financial independency? This will end badly. It is political decision, so I will drop discussing it here. Avoiding sanctions thru alternative currency and all of that. BTW, someone lost cash while gambling, now accuses someone else… [![](https://global.discourse-cdn.com/eveonline/original/4X/a/a/a/aaa75ee5a64a7591fa1f4028c1e8686ce307fb7e.jpeg "Anonymous Message To Elon Musk") ](https://www.youtube.com/watch?v=UG07x3aN3b0) ![](https://global.discourse-cdn.com/eveonline/original/4X/2/7/c/27c717666a00320ed138b780d5258beed31cb19c.jpeg) ---
**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\ **Post date:** [June 6, 2021, 11:58am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1292 "2021-06-06T11:58:48Z")
Here is some more background for the El Salvador situation. > **[r/Bitcoin - I'm from El Salvador and I'm here to clarify some things about...](https://www.reddit.com/r/Bitcoin/comments/nt8hi6/im_from_el_salvador_and_im_here_to_clarify_some/)** > > 1,334 votes and 344 comments so far on Reddit We will see how this turns out. Their dependence on the dollar has caused enormous issues from what I read. I do think for various reasons that Bitcoin will fix a lot in this country. I’m pretty sure we will hear great things from there in the future. Lol @ the anon stuff. The influence Musk has on the price where always just short dips or pumps that reverted a couple minutes later. But people are always looking for someone to blame. I’m not a fan of Musk though, he kinda showed what an immature idiot he is in the last months. ---
**Author:** ![Lucas\_Kell](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/lucas_kell/32/393556_2.png) [@Lucas\_Kell](https://forums.eveonline.com/u/Lucas_Kell)\ **Post date:** [June 6, 2021, 3:07pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1293 "2021-06-06T15:07:24Z")
---
**Author:** ![Nana\_Skalski](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/nana_skalski/32/489985_2.png) [@Nana\_Skalski](https://forums.eveonline.com/u/Nana_Skalski)\ **Post date:** [June 6, 2021, 8:30pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1294 "2021-06-06T20:30:44Z")
Thats a very one sided, almost propagandistic message on reddit. There are different views on that situation really. I have seen people being accused of corruption and other crimes, in my country, and that was a political thing, having nothing to do with justice. Its about destruction of opposition and establishing autoritharian rule while you still have support of people. That was happening many times in history, is happening even today. [https://www.reddit.com/r/Bitcoin/comments/ntacqz/i\_thought\_this\_community\_was\_supposed\_to\_oppose/h0r7vx2/](https://www.reddit.com/r/Bitcoin/comments/ntacqz/i_thought_this_community_was_supposed_to_oppose/h0r7vx2/) > El Salvador’s debt now surpasses over 90% of its GDP. Chavez was also very popular, look at Venezuela now. [Previous page](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275.md?page=51) [Next page](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275.md?page=53)