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File: 7 KB, 300x168, ponzi.jpg [View same] [iqdb] [saucenao] [google]
7261830 No.7261830 [Reply] [Original]

If you think about it, ETH is a ponzi scheme as gives the birth to 'newer' 'better' tokens when in actual fact all its doing is luring more people to buy in thus inflating its price further. It'll fall apart when none of these tokens amount to anything.

>> No.7261845

>>7261830
>thanks to biz and india
>this will never happen
>comfy

>> No.7261859

>>7261830
This is the first step towards wisdom. Now take that perspective and apply it to all crypto and you'll be on your way to enlightenment.

>> No.7261862

Good grief, are you srsly retarded

>> No.7261872

>>7261830
>>7261356

>> No.7261873

>>7261845
Since ETH is a ponzi and will die, and since BTC will also die, what's left? Fucking IOTA?

>> No.7262448

>>7261873
XRB

>> No.7262806

>>7261873
GBYTE

>> No.7262878

>>7261873
Bitbean

>> No.7263236
File: 296 KB, 640x480, opposite of what biz says.png [View same] [iqdb] [saucenao] [google]
7263236

>>7261830
loads of ETH fud today, must be time to buy

>> No.7263344

>>7263236
I'm selling. ETH only has value because of ICOs

SEC is cracking down on them and is holding a hearing on the 6th

>> No.7263383

>>7261830
don't forget Vitalik used to ran a quantum computer scam

>> No.7263443

>>7261872
Here's the kicker. ETH will suffer the same fate it did at 300usd. Once these ICOs start cashing out it'll cause a catalyst of panic selling.

>> No.7263463
File: 66 KB, 659x609, so_good.png [View same] [iqdb] [saucenao] [google]
7263463

>>7261830

>tfw 1000's of the worlds smartest people are building on top of the ETH and it only takes 1 good project to make it a success

>> No.7263551

>>7263463
This. You retards don't understand what a Ponzi scam is. It's like saying concrete is a Ponzi scam because you build homes and stores and shit in top of it.

>> No.7263553

>>7263463
>reddits smartest people
eth is the (((bernie sanders))) of crypto
/biz/ is for donald trump riches

>> No.7263590

To people who saying "SEC said this, SEC said that.."

AMERICANS CANT EVEN PARTICIPATE IN ICOs.

So, whatever SEC says it will affect only americans, whose can only buy after market (when ICO is over).

LOL.

Second. SEC said it likes ICOs, it just wants more morals in this game.

Which is again, good.

In the end, SEC FUD is just that, a FUD.

>> No.7263675
File: 205 KB, 668x881, 1516931874103.jpg [View same] [iqdb] [saucenao] [google]
7263675

>>7261830

It's already an accepted currency OP.

>> No.7263797

>>7261830

Crypto was not created to allow retarded normies to buy lambos, it exists for people who want to move money quietly and subtley without the Fed or the IRS sapping it dry at every turn.

ETH works on its own, or with other currencies to keep trades effecting, fast, and private.

>> No.7264794

>>7263383
source?

>> No.7264975

>>7263797
so u say the whole crypto thing is only for
kiddifiddlers, drugtrades, mafiamen and blackops?

>> No.7265054

>>7264975
>>7263797
I had no idea ethereum had a privacy feature
This is great!

>> No.7265085

>>7261873
iot is going to fuck shit up anon, wether you like iota or not

>> No.7265087
File: 10 KB, 275x183, tig.jpg [View same] [iqdb] [saucenao] [google]
7265087

>>7263675
>"muh alpha wolf"
>can't hunt without a pack

>> No.7265237
File: 538 KB, 912x772, 1516603097013.jpg [View same] [iqdb] [saucenao] [google]
7265237

>buy ETH
>dont have to rip hair out
>steady strong increase since the coin runs off of ponzi scams

>> No.7265363

>>7264794
https://www.newsbtc.com/2016/08/17/gregory-maxwell-vitalik-buterin-ran-quantum-computer-scam/

>> No.7265612

>>7265363
thx, very interesting

maybe he only founded ethereum only to gain enough money to build his
"whatever spacetime kiddyfiddling ultra device"?

my mind is blown

>> No.7265635

>>7265085
iot is a dead meme that was hip in 2010
go with the times faggot
>reading emails on my fridge
why

>> No.7265699

>>7261830
No shit shirlock, been saying this forever. ETH is the ultimate shitcoin. And the ERC20 coins are even shittier, because they're just fucking ideas, they don't even have their own fucking blockchain, which is why they're using ETH.

>> No.7265746

>FUD thread to drive the dip lower

>> No.7265770

>>7265363

>Gregory Maxwell

>> No.7265810

>>7265054
Most crypto currencies are inherently very private. Even beta tech like bitcoin has been used for drug sales for a half decade now and law enforcement has still yet to figure out a concrete way to trace it

>> No.7265981

>>7261830
https://www.youtube.com/watch?time_continue=52&v=KTf5j9LDObk

>> No.7266115

>>7263590
>ICOs
only poorfag americans can't participate in ICOs. Whales are qualified investors and can put their money wherever the fuck they want.

>> No.7266127

ETH is the ultimate Chad coin and soon to be king of all crypto everyone posting in here is a pathetic beta faggot that probably fell for xrb or one of those other gay ass meme coins

>> No.7266180
File: 58 KB, 720x720, 1517147246608.jpg [View same] [iqdb] [saucenao] [google]
7266180

>>7261873
PajeetCoin!
HEAR ME, HEAR ME *Yells in pajeet voice*
I got some 10000x moon mission ready pajeet coins. It has interesting business project behind it. You see, when you want to poo poo on designited shiting street it costs money. Sometimes you forget your FIAT at home. But no worries, pajeetcoin is here for you. Now you will be able to put pajeetcoin in your smartpajeetphone and pay the designated shiting street habala habala man.

>> No.7266181

>>7265699
You will be paying for things with crypto by the end of this year using OMG or REQ, both built on Ethereum you stupid faggot

>> No.7266270

>>7266181
where?
in most european countries even a credit card is not as normal as in burgerland
only if u travel frequently or a company card
in asia most of the young people are already paying with their phone
so wheres the market for tokenpaying?
u fell for a meme

>> No.7266283

>>7265054
It’s going to get ring signatures and zk-snarks. Monero and zcash BTFO

>> No.7266346
File: 57 KB, 600x353, BFCEACF5-4406-4C10-98EE-05DCD23D66CF.jpg [View same] [iqdb] [saucenao] [google]
7266346

>>7261873
GTFO Edmund

>> No.7266350

>>7266181
nobody actually wants to or will though. it will have to happen automatically out of sight for it to get any kind of popularity and with that comes no lock in and competitors that will undoubtedly be cheaper (thanks to no fee overhead) have a significantly better chance of seeing adoption than in a world where tokens must be used and exchanged manually.

>> No.7266399

>>7266283
it wont just be ethereum though. privacy is a feature not a product. coins like monero thrive only when progress is stalled like it is now, eventually second layers will ensure that private tokens operating on a public blockchain are just as private as ones operating on a public chain.