MAJOR WARNING - ALL COINS

[traderethereum]

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

maybe you need to learn more about cryptocurrency so you don't have to say like that. not all of people can created new coins if they don't know how to do that, how much they should prepared the budget, what should they do to make the coins get success and else. i think if every single coins can be created with easy, there are more than thousand but they should compete with the other to show that they are really the best coins.

[criptix]

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

Hi mate.
You are probaly an economist undergraduate?

I can tell you that a lot of big name economist already said that bitcoin is doomed and goes back to 1$.
3 years ago 

So actually what is worth less then zero is just your opinion :/

[ophyrim]

I think you do not understand crypto world and cryptocurrencies. First of all,

-Every valuable coin in the crypto world has a creation purpose. like ethereum
-Every valuable coin in the crypto world is using for a purpose like Digibyte or belacoin

Everyone is free to create his own crypto money but this does not mean this crypto money can take the place of a valuable coin.

[dissident]

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

Everything in life, besides air, food, and water, is only given value based on human perception anyways, so what's your point? Why should gold have value for that matter?  It's because people give it value. Some might consider it inherently worthless. Why is the US Dollar or any other fiat currency valuable? Some government backs them up? Bitcoin is backed up by the people who give it value. Nobody can create any more bitcoin. The rest of the altcoins are irrelevant to some people. To some people they are not, which is why some altcoins have value while others don't.  I don't argue with you there's a bubble, and I do suggest taking profits like I've done. I've taken $250,000 out in pure profit.. taken your advice, however that doesn't mean that they are all worthless because you say so.. the free market will decide.

Just because other companies try to make knockoff of mayonnaise, doesn't mean  I'm going to buy them. Hellman's is the only brand I find to be "good tasting" ....

[g___]

... it's why I preach that good tech should remain closed sourceand I tend to get some hassle about it. What company out there gives away it's trade secrets and intellectual property for anybody to use?

tesla.

https://www.tesla.com/blog/all-our-patent-are-belong-you

[dissident]

... it's why I preach that good tech should remain closed sourceand I tend to get some hassle about it. What company out there gives away it's trade secrets and intellectual property for anybody to use?

tesla.

That's very nice of them.  I still maintain that closed source is good for the investors in the coin and the developers, assuming some programmer doesn't backwards engineer their tech or make their own version, which is very possible.  It's not a huge issue for me, I'll still invest in open source coins because I know other people will. It's the game of musical chairs. Like stocks, I'll buy what I think is going to go up and sell what I think will go down based on perceived "over or under valued" ... right now all of crypto is in a bubble, but it's going to hit at least $120B before it pops, at least the charts say so.

TSLA stock is wildly overvalued, for what it's worth (in my opinion... clearly other people disagree)

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.

They are not scared.. if anything they'll use the tech to increase their own scalability. The general public is not going to abandon their fiat currency.. it's simply not going to happen. If anything, the billionaire rhinos that run the world would find bitcoin useful, which is why I don't think it's going anywhere, just like the war on drugs.

Coinbase and Fidelity are teaming up, and this is just the beginning. It will be a friendly alliance, much to the dismay of a lot of the anarchist types here who trust nothing that is "centralized."

[ophyrim]

I think he is a person who is unaware of the crypto world but just heard about the profit of bitcoin and other cryptocurrencies. And he jealous of cryptowords's big profit because he can never earn this money with traditional investment instrument. He is just trying to find a deficiency and talk nonsense.

[2bfree]

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

Carebear-would-be-professor has no idea about coins, no idea about money and no idea about economy. Boring, next!

Most of these freedom hating libral economist support fake "money" that always ends in zero ! ALWAYS NOT ONE HAS SURVIVED. Even the one one real money that in name ment something like 26 grams of silver through deception they manage to keep the name and covert to their fake money. So now that their is money that that is not fake they are using their deception again to destroy it. Wow, what else can you expect from freedom hating so called 'economist'??

[ppc.pt]

I'm an economist... Sure you're not a nigerian prince as well ?

[CoinCollector006]

I found this post amusing in the extreme. Maybe the intention of the post was to entertain and rile up crypto investors.

What are the attributes of money and does Bitcoin satisfy those requirements?

General Acceptability: BTC has been declared a legal payment method in Japan and Philippines, and shortly in Australia
Portability: BTC doesn't need to be transported, have you ever tried to transport $100,000 in currency? It aserious drag and you are likely be accused of being a drug dealer
Indestructibility or Durability: so long as there are two computers and electricity somewhere in the world BTC will be usable for commerce and have value
Divisibility: BTC is divisible up to 8 decimal places
Cognizability: Microsoft, E&Y, Dell, an increasing number of companies accept BTC as payment
Stability of Value: BTC is volatile, but tends to appreciate since supply is limited and it it is gaining increaing recognition as a method of hedging against government confiscation or irresponsible central bank monetary policy

And here is quote to help convince our economist.

“Spend some time with Bitcoin. Learn it, challenge it, and use it. You can assume no government wants you adopting this system in any capacity, and for that reason alone it’s worth consideration by honest, moral, and industrious people”
“Economists and journalists often get caught up in this question: Why does Bitcoin have value? And the answer is very easy. Because it is useful and scarce.”
Eric Voorhes

[dissident]

I'm an economist... Sure you're not a nigerian prince as well ?

I did sleep at a Holiday Inn last night. Maybe I should be the president....

[Russlenat]

I respect the post of the author it is her own analysis and view of the cryptocurrency but I think that's not gonna happen because if you create an alt coin then you should have a purpose or goal to achieve for that alt coin and these currencies cannot be zero in value.

[aguila]

Not all coins. I think the crypto coins is useful new tech. And (some of) the top coins have interesting qualities.

[cychan2]

"On a long enough timeline, the survival rate for everyone drops to zero."

yeah yeah.

[Argon2]

Hello dear fellows,

I'm an economist

Hello,
I am the Easter Bunny.

[Hueristic]

You should write the Minister of Japan and tell him this because that entire country is being Scammed right now! hurry before they all go broke!

[hansen.ng]

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

and how many times has economist got it wrong?! lol

[BitWhale]

Lol Most people assume that economists on TV must know what they talking about and have made millions in the market, but in reality they are still working a full time job because they need money lol. Plus, all it took for anyone to make 400%+ was to buy basically any largecap stock outside of financials at the base of 2008 and hold it until today. A monkey could do that, an extremely small amount of economic knowledge was required.

Yet most of them on TV are advocating selling stocks, buying stocks, "check this out" etc etc. It's all just asinine and I barely pay attention anymore because they don't give any good information anyways. You get way more information by just looking at the financial reports & balance sheets, as well as any sort of shareholder meeting that has been summarized for the public.

Not once have I ever taken an economists advice and bought or sold something on his recommendation. It's cute to watch them try though.

[AnCap101]

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

Can you at least try harder to put out decent bait? SRS this is just shitposting

[Topkek]

The baby boomers confusion and fear of the uncertainty is the reason we're all going to get rich, feels good being an early adopter lads