Crypto: The World’s Greatest Scam.

canada-man

Well-known member
Jun 16, 2007
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Toronto, Ontario
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Bitcoin to Blockchains, to NFTs, to Web 3.0... it's time to find out if it's really all the hype or just part of one of the greatest scams in human history.

 

sprite09

Well-known member
Aug 10, 2020
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Bitcoin to Blockchains, to NFTs, to Web 3.0... it's time to find out if it's really all the hype or just part of one of the greatest scams in human history.

then short it ! put your money where your mouth is ..otherwise , what's the point of this if you're not trying to bring the price down ? and this is (terb)hardly the best way to spread information ..suggest twitter for that !

perhaps you're short and you're getting rekt due to the recent pump? lmao
 

Anbarandy

Bitter House****
Apr 27, 2006
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then short it ! put your money where your mouth is ..otherwise , what's the point of this if you're not trying to bring the price down ? and this is (terb)hardly the best way to spread information ..suggest twitter for that !

perhaps you're short and you're getting rekt due to the recent pump? lmao
What is the underlying asset that crypto coin derives it's value from?
 

stinkynuts

Super
Jan 4, 2005
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What is the underlying asset that crypto coin derives it's value from?
Same as the dollar: belief. A dollar is valuable because people trust that you will be able to obtain good and services with it. Same with Bitcoin.

But the twist is that it's also like a lottery ticket. It can skyrockt in value, and that is what makes it valuable to many.

It is also an easy, dencentralized, fast, and cheap way to send money relatively anonymously.

I could send $2M worth of bitcoin to anyone I want in the middle of the night in bed, almost instantaneously, without driving to the bank, waiting in line, dealing with the tellers and their questions, and without the big fees. No third parties. Probably a lot easier than wiring money.
 

greenii

Flies do doggy too
Sep 23, 2004
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Bitcoin /money in bank / stocks /mutual funds . It’s all worth what society says it’s worth but in end like my fiancé prof once said in a class and for some reason that stuck to me more then rest of lessons lol
If you can’t hold it in your hand you relaly never own it . That’s why part of my portfolio is always gold bars / silver bars / and paper bonds . I know where they are and can always cash them in . Yes they always go up and down but can never be wiped out by market .digital wealth is just that (digital)
 
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jalimon

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Jan 10, 2016
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The technology behind crypto is amazing.

The problem is regulations. There are none so of course it's plague with thief.

We are willing to pay our plumber cash to avoid 25$ of taxes can you fucking imagine how people are willing to fucking screw you with crypto when the millions pool's in?

Elon Musk, who was richest men in the world, made over 125 million for Tesla with just 2 tweets about crypto. When the richest men in the world is willing to fuck you over can you just imagine how the scumbags like ETF's owner were willing to....
 

Pleasure Hound

Well-known member
Dec 8, 2021
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The technology behind crypto is amazing.

The problem is regulations. There are none so of course it's plague with thief.

We are willing to pay our plumber cash to avoid 25$ of taxes can you fucking imagine how people are willing to fucking screw you with crypto when the millions pool's in?

Elon Musk, who was richest men in the world, made over 125 million for Tesla with just 2 tweets about crypto. When the richest men in the world is willing to fuck you over can you just imagine how the scumbags like ETF's owner were willing to....
Now you're getting it....
 
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