MAJOR WARNING - ALL COINS

[angaper]

This reasoning should also apply to fiat money, as there are many companies that print their own coupons, promotional debit cards, etc: virtually every company is free to have its own "money" and, curiously, those payment options have not lost their value due to their abundance, nor will lose it.

I think if you really are an economist, you should deepen your thinking to give rise to an intelligent discussion of this topic and demonstrate that your supposed knowledge can contribute to a better understanding of this important issue.

[xhomerx10]

I think many here sounds religions. Just like believing in God or the market in 2007.

I'm trying to provide easy understandable facts for you here.
What anyone can make, is not worth anything.
That is economy 101.
What very few can make, is worth more. And so on.

There are over 700 cryptocoins today. https://coinmarketcap.com
Look this site.
What is it that you dont understand? It is the most simple economy you can ever learn.
Cryptocoin has no more value than some gold inside a computer game.

Sell it for money and invest in something real.
I'm out, at least I warned you.

 LoL
You're in crypto for a 3 days and you're already out with a dire warning to the rest of us?  You come across as a flake.

GOT IT TO WORK NOW JUST UPDATED TO 2.9.1.0!

[HanSchultz]

I'm an economist and I just want to give you a head up to sell all your coins before they get worthless.
Including Bitcoins.
Today there are over 750 cryptocoins in existence.
Because literally anyone, any team of people can design and create their own coins. Very easily with all the open source codes available.
So, if anyone can create any amount of their own coins.
Guess what the value of that coin will be on the market?
0.

There are over 750 coins in existence but a coin without any substantial business would not have any value,but that is not the case with most of the coins,there are zero valuation coins in the list you provided and it wont increase unless and until there is a pump and dump scheme other than that nothing happens on those coins and bitcoin is different from the rest of the tokens.

[Piston Honda]

lmao dear OP, GTFO!

[Proxik]

You're right about the fact anyone can make a crypto, but those coins without any backup (which can be technology ,an idea or company) will just remain worthless. The most coins with a high volume or market cap are backed up by something special which can evolve into something really usefull.

Good coins are worth investing....Shitcoins are not....Is that what you want to tell us Beggan?

I can tell you...most of us already know  

[maku]

Hello dear fellows,

I'm an economist and I just want to give you a head up to sell all your coins before they get worthless.
Including Bitcoins.

Today there are over 750 cryptocoins in existence.
Because literally anyone, any team of people can design and create their own coins. Very easily with all the open source codes available.

So, if anyone can create any amount of their own coins.
Guess what the value of that coin will be on the market?
0.
It's value is zero.
It's literally worth less than water or the air you're breathing.

Once people start to realize this, that the coins have no realistic valuation, each and every single one of every coin will be worth NADA. 0. ZERO. NOTHING.
Enjoy the ride while it last, and get out fast.

Regards

No one pays attention to shitcoins with marketcap less than $100 million anyway.
I know that using marketcap as a serious indicator is not the best idea, but there is nothing better to quickly distinguish between bad coins and totally worthless shitcoins.
Can you please enlighten us why do you think Bitcoin value will reach zero?

[angrybirdy]

A failed economist probably. You should know as an economist about the difference of products. Features and benefits etc. Go back to bed, and rest well!

[LodisMcguire]

It is only worthless if people doesn't find a use for it. Once it covers a necessity or offers a solution to a problem then it has value, then comes offer and demand. This is economy 101

This is absolutely right and for a coin to be successful it depends on the technology and advertising technique
Look at the 5 top coin in the market,supply and demand,their % change
You can't just saying that all coin worthless because everyone can make one

[Febo]

Hello dear fellows,

I'm an economist and I just want to give you a head up to sell all your coins before they get worthless.
Including Bitcoins.

Today there are over 750 cryptocoins in existence.
Because literally anyone, any team of people can design and create their own coins. Very easily with all the open source codes available.

So, if anyone can create any amount of their own coins.
Guess what the value of that coin will be on the market?
0.
It's value is zero.
It's literally worth less than water or the air you're breathing.

Once people start to realize this, that the coins have no realistic valuation, each and every single one of every coin will be worth NADA. 0. ZERO. NOTHING.
Enjoy the ride while it last, and get out fast.

Regards

I do not agree. Everything has a price. You are welcomed to make a coin yourself as anyone else. And as long as it will work will have value. Ofcourse there will not be a huge value , but some value.

There are way more then 750 coins and tokens. More like 750.000. There are some that made 100 coins.   Coin on long term will be worth as much as it will bring. Most coins are there for fun so are and will be cheap forever.

[Rabber]

Thanks for your concern.

[fedmahnkassad]

Not sure if trolling or ignorant. It's the same like any other open market. Some survive, some don't. Some do good, some do extremely good. 9 out of 10 start ups fail, why should it be any different here?

[schnötzel]

Hello dear fellows,

I'm an economist and I just want to give you a head up to sell all your coins before they get worthless.
Including Bitcoins.

Today there are over 750 cryptocoins in existence.
Because literally anyone, any team of people can design and create their own coins. Very easily with all the open source codes available.

So, if anyone can create any amount of their own coins.
Guess what the value of that coin will be on the market?
0.
It's value is zero.
It's literally worth less than water or the air you're breathing.

Once people start to realize this, that the coins have no realistic valuation, each and every single one of every coin will be worth NADA. 0. ZERO. NOTHING.
Enjoy the ride while it last, and get out fast.

Regards

Do you really believe what you said?  Read, learn , read more, come back and post again

[Pente]

Could you write an article and publish it, then we can add it to https://99bitcoins.com/bitcoinobituaries/

[NUFCrichard]

With new elements being made in the lab, surely Gold and Silver must be worthless!
Alts generally are crap, so the fact that there are 750 of them is fairly meaningless.

It is like saying that if I write 1 UK Dollar on a piece of paper, I have made a new fiat currency, so all fiat should be worthless.

Most alts are worthless though.

[Warkop]

Hello dear fellows,

I'm an economist and I just want to give you a head up to sell all your coins before they get worthless.
Including Bitcoins.

Today there are over 750 cryptocoins in existence.
Because literally anyone, any team of people can design and create their own coins. Very easily with all the open source codes available.

So, if anyone can create any amount of their own coins.
Guess what the value of that coin will be on the market?
0.
It's value is zero.
It's literally worth less than water or the air you're breathing.

Once people start to realize this, that the coins have no realistic valuation, each and every single one of every coin will be worth NADA. 0. ZERO. NOTHING.
Enjoy the ride while it last, and get out fast.

Regards

This is very strange, how do you describe that cryptocurrency is 0 (not valuable) with the viewpoint of your economic methodology? , You are not an economist I think you are like naturalists. All started from nothing and crushed with nothingness . =))

Maybe he's just a stupid journalist who's working and telling all about Altcoin that he thinks 0, I think it's just bullshit, with this thread he made, at least he's proved he does not know about the world of cryptocurrency.

[BitWhale]

And that boys is why you don't listen to "economists". I can't tell you how many times I turn on the business news just to get a laugh at some economist regurgitating words from his frontal orifice.

I swear most of them repeat the same shit over and over, almost like they don't even have their own opinion.

[Nalien]

I'm an economist and I just want to give you a head up to sell all your coins before they get worthless.
Including Bitcoins.

People like you are why I left my Economics program at a prestigious university in favour of a Mathematics PhD. Most of those guys are monkeys who can only regurgitate whatever bullshit they have found in a textbook without even _really_ understanding any of the underlying assumptions and much less their flaws.

You're either trolling to pick off cheap coins or you're completely unqualified to assert the situation of cryptocurrencies. Wouldn't be surprised if it was a mix of both. Dumb people always have to raise their chances at profits by trying to fuck over others.

[g___]

What anyone can make, is not worth anything.
That is economy 101.

😂 😂 😂

please enlighten me (us) to what type of "economist" you are?

[BitWhale]

What anyone can make, is not worth anything.
That is economy 101.

😂 😂 😂

please enlighten me (us) to what type of "economist" you are?

The type that's been through Economics 101 but understands about 20% of what he was taught

[Bitlife.co]

This is pretty funny...an economist? more like a fluffonomist... this is the new exit economy! an available exit/alternative to all...the banks are scared...this is more real than the fiat system..and secure. god speed to all and best of luck..welcome to the new reality..hope you don't get left behind.