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February 25, 2018, 12:38:15 AM |
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Yes, you are correct, I just discovered and looked in to this coin, You get paid for steaking from mining, watched a good you-tube video on someone who tried it. He bought in at $0.05 usd and got 75,000 coins (0.0468 bitcoin @ $11,000 ea.) to steak and every day made 2,232 coins @ $0.005 usd = $11.16 usd/day But the guy you found bought 2.1 billion Linda's then drove the price down with 600 million Linda's in the exchange and steaked 1.1 billion as miners. Now, if I spend 0.0468 Bitcoin @ $9,600 ea. now with Linda's @ 0.00000017 ea, I could get 275,294.11 Linda's.
Now, the guy that bought 75,000 Lindas at a higher price would be earning 2,232 coins per day at 0.00000017 = $4 usd per day, but me now would be earning 3.67 times more @ $14.68 usd/day and the guy with 1.1 billion will be earning right now @ 0.00000017 bitcoin, $53,500 per day and someone that buys in when it reaches 10 cents a coin, can only buy less Linda.s at an even higher price for even less linda earning per day. So the benefit goes to those that get in early, but no incentive for those to buy in late.
If the billion share guy drove his own stock up, he could easily make $350,000 usd/day, but whoever it is that owns them is doing this to every cryptocurrency, he is losing trillions across the board to bankrupt crypto using bots, now if it is bankers doing it to protect their interests, or whether it is some saviour protecting us from AI and bitcoin "Matrix" from taking over the Globe, Who knows, but it is very clear to me, something is trying to destroy Crypto and is doing a fine job of it, maybe the new AI Sophia and her new Global AI connection and AI to AI currency trading platform will destroy the cryptokillerbot. This coin is still not a good coin to get in to, you will just make the 1.1 billion Linda owner even wealthier.
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