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Author Topic: Who or what moron is buying dash at these prices  (Read 3430 times)
phr0stbyt3
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March 16, 2017, 04:00:03 PM
 #61

I don't see anything wrong happening out there people are just taking advantage of the low market cap and that's totally allowed as bitcoin or even the altcoins were made to give profit to it's investors and currently it is doing that successfully. Even though it has gone too far we can't do anything about it.
Coinster
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March 16, 2017, 05:24:05 PM
 #62

I don't see anything wrong happening out there people are just taking advantage of the low market cap and that's totally allowed as bitcoin or even the altcoins were made to give profit to it's investors and currently it is doing that successfully. Even though it has gone too far we can't do anything about it.

No that's not why Bitcoin or altcoins were made. That's called a Ponzi scheme. Bitcoin was made to try to give privacy and control over money back to people, and freedom to make choices. For example, if I'm a grown adult and I work a job to make money why the hell should the government say I'm not allowed to gamble my own damn money on poker? That's BS. That's the kind of thing Bitcoin was made for. It's trying to set things right from corrupt government and corrupt laws. For example, the government is fine with lottery gambling, or gambling they approve because they get a cut, where the odds are often far worse.

That's just a small part of the story. The real story is about how inflation robs people of purchasing power. That's why people have been getting poorer since the 70's and the middle class has been shrinking. That's a long complex story so I won't go into it. The point is Bitcoin and altcoins are trying to make the world a better place. They are legitimately trying to help. People should make tons of money for inventing things that improve people's lives. That's capitalism. That doesn't look like what we have here with DASH, though. Instead DASH and possibly other coins I haven't researched yet may end up giving cryptocurrency a bad name and de-legitimzing the idea. That's not cool. Not at all.
dinofelis
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March 16, 2017, 05:49:42 PM
 #63

I don't see anything wrong happening out there people are just taking advantage of the low market cap and that's totally allowed as bitcoin or even the altcoins were made to give profit to it's investors and currently it is doing that successfully. Even though it has gone too far we can't do anything about it.

No that's not why Bitcoin or altcoins were made. That's called a Ponzi scheme.

Amen.  However, it is indeed what crypto became.... unfortunately.
toknormal
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March 16, 2017, 08:33:29 PM
 #64


Here you go folks.

These are the reasons for the rise. No pumper "exit" nonsense, no "scam expansion", no....[fill in your favourite green-eyed imaginary scheme here].

Just plain old hard work, good design decisions and....essential ingredient....survival time Wink

https://bitcointalk.org/index.php?topic=1828377.msg18215222#msg18215222
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