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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Cryptocrit on December 19, 2023, 01:04:21 PM



Title: Cryptocurrency debate, Is it a wild guess or the future of finance?
Post by: Cryptocrit on December 19, 2023, 01:04:21 PM
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjHa2-sSMJ2T7xMIugra0KL3NG7d6HuBgpHbcfXGTdHGAgy9fWBoDeuTSy8r19gEf05M317A4HyKtJy47rj8HBl3o4tMySy2xInKLmn-4sDF4dPoJu0-kII2K3ZETxfH1D3Tu6lzeYpPXklz-VVzdzv9q_pP7QpC4DH-yKlW5LJJh8JniinW6x9fn1-mVPc/w640-h426/Screenshot_11~4.jpg

Some people say cryptocurrencies are like a big guessing game, similar to the wild times of the dot-com era. They point out how the prices of these digital currencies go up and down a lot in a short time. These critics also say that most cryptocurrencies don't have any real value supporting them; their worth is mostly based on people speculating and getting excited about them.

They also talk about Initial Coin Offerings (ICOs), where companies raise money by creating their own digital tokens. Critics think this is a sign that the whole cryptocurrency thing is a bit like a bubble. They say many ICOs don't have a solid plan or product, and they rely on people getting really interested in cryptocurrencies.

Read more...
https://www.cryptocrit.xyz/2023/12/cryptocurrency-debate-is-it-wild-guess.html (https://www.cryptocrit.xyz/2023/12/cryptocurrency-debate-is-it-wild-guess.html)