Bitcoin
- Thread starter strawman
- Start date
I'm curious as to your definition of "nosedive".
Dave
Staff member
Typo. That was supposed to say $30, not $20.
figmentPez
Staff member
They have the most people stuck holding the bag that really want more time to find someone else to hold the bag.
All this time we thought they were tech illuminati, but really it was just a fancier pyramid.
--Patrick
The vast majority of Crypto bros have no inkling of how the technology of cryptocurrency actually works. They just want quick Lamborghinis and think they will become billionaires overnight. Morons.
Yeah, what a bunch of idiots. The only REAL investment is small, colorful stuffed animals with heart tags on them. Losers.
These?
Back when ThinkGeek was new (nothing to do with them, just establishing timelines in the history of the internet) this company, Weenie Babies, made these Ty Beanie Baby knockoffs...only they had genitalia.
I thought it was hilarious and bought all four--the rabbit, bear, monkey and mouse. They were literally identical to Ty's creations including the heart-shaped ear tag, but with the aforementioned addition. They, of course, got sued. They, of course, lost and/or settled. They made changes to their designs and ear tags to remain in compliance with trademark law and vowed to keep making naughty stuffies--but the magic was lost. Part of the juvenile appeal was that they looked like Beanie Babies...the new designs didn't sell, the company sold the rights to someone else, and then AFAIK, they went out business.
Like all hot fads, you have to strike when the iron's hot. I bought these for like $13.00 each. Sold them after the lawsuit for like $75.00 each. And then shortly after the fury died down, re-purchased them again for like $15-16 each--letting me still own them, but make about $200 profit across all the transactions. I still have them, and you can find the second generation of them on ebay (NSFW) for under $20, but I feel like the flash has left the pan, and there's not enough notoriety/knowledge around them now to bother trying to make more money off of the 4 'pre lawsuit' originals that I have.