Crypto is just a giant ponzi.
I was looking at my portfolio: BTC, ETH, LINK, ROSE, GRT, DOT, BNB, XMR, SUSHI, AVAX, ALGO, and ICP, and I thought "what really separates all these shitcoins?"
Nothing. Nothing is the answer. We're all just hoping for a greater fool down the line.
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Yes.
He's selling?
Pump the market
so like everything else that has value
None of them work without fresh money buying in. So its just like the normal stock market and fiat (((economy)))
You're in Monero for a moon? Then sell nigga we don't need you.
i just realized you're going to stay poor
XMR is the only one that separates itself from the rest
yep but only for the cocaine
normal people have no use for crypto, at all
That's just wrong moron
They're speculative assets you fucking nigger. Same as tech stocks. I'll explain below in a bit...
Unless you own significant enough of a stock to make influence onto a company, you can't claim owning a stock has value over other assets on a personal level because you don't really own a part of the corp. You simply don't. You don't matter at all other than being a retail bagholder of said stock. For a layman you buy dividends stocks because they actually provide a strict value. YOU the little man gets proportional income through the company paying out profits. Neat. The big player buys stock to have an actual say in matters.
However if one were to buy (now pay attention) twitter stock, for example, before it found a way to become profitable then it's purely speculative. Twitter had no value, NONE, it was a total failure other than being propped up by speculative buying. Does that mean twitter was a giant ponzi scheme? Not quite, but I don't blame you for seeing it that way however you're misusing the word PONZI. It's a specific scam and the phrase, like FUD, is WAY overused and abused.
The little man buys twitter because he believes it will grow in popularity. What he doesn't understand is he should buy in speculation that when it does the big players who own stocks to own a say in the companies operation will pump said stock price. Those big players buy the stock to then bitch to the CEO to drive profit driven direction so they can drive up the value of the company and help drive stock adoption among other things.
Leading on with that:
Why are you buying crypto as the little man? What are YOU speculating on. Why is there big money in the ecosystem? Far more than retail.
People aren't hoping for the greater fool. YOU might be, but not I. Not all others, and not the big players certainly.
They're investing what they have, investing in the tokens the tech the companies etc... all to improve adoption, and Crypto is being adopted more and more each year.
>he doesn't own the standard
NGMI
Good for you. Maybe now you can learn and accept that there is only one blockchain that matters
Icp is a governance token that can be burned into cycles to support a website on their decentralized cloud platform. All the other coins are just basic currencies and serve no other function
Not just drugs. If you want to make ANY transaction without the knowledge of the government or banks, you use Monero.
Ya'll still buying them shitcones? Nigga we iz out here in the woods rolling eights and prancing by the river. This the summer of niggaz and ya'll posting frogs on this basket forum. Shiiiiiet I'm outta here.
monero won't have mainstream adoption till people can transact using a web browser.
You can't copy & past the address or read the QR code on the phone? lmao anyone can. That is not a problem at all.
medium.datadriveninvestor.com
Imagine being a fucking idiot nigger fag with aids and hiv like OP.
>None of them work without fresh money buying in.
Not how crypto works.
I've used my BTC to pay rent.
You're dumber than hell.he'll. Never selling.
>Leading on with that:
>Why are you buying crypto as the little man?
Because the cost of living goes up while Americans are too broke to pay a decent, middle class salary.
Because all other investments are too expensive for me.
>YOU the little man gets proportional income through the company paying out profits. Neat.
Algo give me 5 % APY.