Mr.Burnham Wrote: Most cryptos are ponzi schemes. They organize pump and dump schemes through discord and telegram. Members of such groups are instructed to promote everywhere they can and then when the price peaks they dump all their coin. It is just a scam in a non-reversible currency. They take advantage of people trying to make money. It is no different than selling an ebook with an autopilot, whitehat method that makes $500 a day.
See, thats how i am currently looking at this whole digital currency, due to the fact that people throw money into something that may never be anything.
i should personally invest on the ledger nano its a pretty device if you really interrested into Crytocurrencie and buy alot (not only btc eth ltc) my friend got it and said it was really easy to setup so yeah i should get it too
MarcFryd Wrote: i should personally invest on the ledger nano its a pretty device if you really interrested into Crytocurrencie and buy alot (not only btc eth ltc) my friend got it and said it was really easy to setup so yeah i should get it too
Where do you look for Nano Ledgers? Is there a certain one you should go for or is there only just the one?
DEFIANT Wrote: Looks like a USB Drive, is it also like a key ring? Hopefully it has a good enough battery.
you can charge it and also yes its a key ring and you can recharge the battery when its low its a low power consuption so you can stay up to 40days with it
MarcFryd Wrote: you can charge it and also yes its a key ring and you can recharge the battery when its low its a low power consuption so you can stay up to 40days with it
That is actually neat, i will look into it if I pursue Crypto Currency.
DEFIANT Wrote: See, thats how i am currently looking at this whole digital currency, due to the fact that people throw money into something that may never be anything.
Yes, I joined one such group and they told me to promote a shitcoin to my friends. That says enough about what kind of people run these schemes. I would rather do proper research in upcoming businesses that have a transparent goal and business plans that are provably well thought. In the next few years, the new regulations that will pass against cryptocurrencies, will prove that nobody is free to run ponzi schemes (at least not for long).