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Well, I hope this low IQ, greedy, smelly and theft-filled community is happy and proud of itself for what we've accomplished here.
By successfully pulling in masses of "get rich quick" dirt from outside world, increased number of scamming coins, scamming devs, scamming traders, idiot panic holders/dumpers, pump and dump schemes and mine for profit mega farms, it all greatly added to the recent price drops, and it'll continue going that way. Who in fact needs zillions of penny coins, bunch of 1-coin, 8-coin, 42-coin coins with no real potential usage?
Case 1:
Someone comes into cryptos, takes in his hard earned 1000€ and Fontase or Wolong or any other copycat pump and dump fucker *leader* take his 1000€. Cute, right?
Case 2:
Someone comes into cryptos, buys rig, mines coin, developers dump and run. Sometimes even for like 2 BTC, jeez. More cute, right?
Case 3:
Someone comes into cryptos, scams people on PM in so called trading. Awesome! Or not?
Case 4:
Coin started, day 3 - people yell: GET US ON EXCHANGE. Day 4: Exchange happens. Day 5: OMG; PRICE DROPS? Well, isn't it obvious why people want on exchanges? This is my all time special favorite!
Case XX...
Depending on how much one would feel to spend time in writing down all possible cases, we could go to 2-digit list for sure for all scenarios that go around here.
And exchanges? Well, most seem to be on top of the food chain, nothing more. Generally, they just profit from trading fees, having nothing to loose to begin with.
I mean, recently, if your coin has some volume, no problem - any exchange takes your coin, even if it has ZERO fucking services up. That doesn't look strange?
So, yeah - here's what'll happen: (taking it from what I saw happened to the IM jobs worldwide on a same principle, you can count on human race to be stupid enough to repeat history)
Human cockroaches aka scumbags and thieves will profit on back of total market caps and endangering future of coins.
At this point (and yeah, you can all blame MtGox only, sure, flame me too) 4 billion lost in less than 2 weeks. Sure, the majority of money hasn't left the cryptos, it's just sitting in fiat on big exchanges, waiting for better days to buy back in. But, till then and during that repeated process, many billions of fiat will be taken from fresh, new hands, and impact of that might not lead cryptos to a point where everyone wants them to lead. Don't YOU feel weird when you realize that cryptos became just a hunt for more fiat? Irony detector not working?
Anyway, I don't expect much, probably either ignore thread, or some idiots coming to counter-flame this, with some *facts* or some shit, but I decided to leave this here, as a food for thought.
At least for the smart ones, I hope.
I gotta admit, I've seen so much here that my faith in humanity dropped couple of levels in last few months.
How to change it?
Well, someone has to convince masses that things should go differently. OR; shitcoins need to die as soon as possible.
MISSION IMPOSSIBLE; due to profit that can be gained. I mean, if YOU or I won't do shit for 0.001BTC/day, there's always those who will, so it's impossible to change.
Let's then just leave this as *I told you so* material you can copy paste to people around in couple of months. In worst case, weeks.
Enjoy it while it lasts.
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