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Old 01-23-2007, 08:54 AM
Mathemagician Mathemagician is offline
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Join Date: Apr 2005
Posts: 151
Default Re: War

Don't get me wrong, it's not like poker will disappear totally. It'll just get marginalized, disappear from mainstream consciousness, and the firehose of liquidity that gives most of the "pros" an income will slow to a trickle.

Those who are merely very good players will become fish for the true masters, and a lot of players who posted high PTBBs during the boom will go negative EV. I can't tell you how many people I knew that decided to "go pro" as daytraders during the bubble, made a pretty good amount of money over a few months/years, and lived pretty large. Then they lost everything by refusing to face reality when the party ended.

When the dust settled, they had no savings, no job, sometimes an incomplete education, and a big hole in their resume that they couldn't easily explain. Sound familiar?

M
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