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11431333 No.11431333 [Reply] [Original]

Almost all altcoins are scams, allowing companies to essentially print their own currency to use their service to solve a problem that doesn’t exist in the first place. The only reason they will go up in value is because of idiots who missed out on Bitcoin wanting to buy cheap shit in hopes to 100x over night. It’s a zero sum game and most people will get rekt.

>> No.11431346
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11431346

when shorting guide based tony???

>> No.11431451

he is right and it is very disgusting

>> No.11431463
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11431463

Classic

https://medium.com/@heyrhett/how-much-would-you-have-made-trading-the-opposite-of-tone-vayes-cryptoscam-videos-d29527cc336d

>> No.11431478

>>11431333
The free market competition of currency will encourage innovation and provide levels of true wealth previously unheard of.

>> No.11431756
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11431756

>>11431478

> innovation

> pointless ERC-20 tokens
> pointless POW coins mostly forks of one thing or another
> pointless enterprise cryptos which are vaporware marketing

Probably 1 crypto, Bitcoin, would have been more than enough and we'd all profit. Now the crypto market is watered down with two thousand scams

>> No.11431912

>>11431463
Yeah look at all those coins today vs when that was written, he was massively wrong about brash though that’s for sure.

>> No.11432065

>>11431333
black pilled

>> No.11432077
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11432077

>>11431333
checked

>> No.11432092

Crypto is a jewish scheme based upon shorting.

>> No.11432485

>>11431756
I agree for now, If it turns out BTC can't scale then there will be a massive market for smaller, less secure coins for local decentralized use cases

>> No.11432743

>>11432485
and I don't mind that
btc as the most secure store of value with the most hashpower for $1000+ transactions, everything else can be paid in fiat or fast shitcoins it doesn matter. With btc, kikes and their pringint machine/inflation are done