Genovese
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January 18, 2018, 05:41:44 PM |
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if this generates millions and millions in revenue >_>who get's it... the devs? :-D lol All the EMC2 holders. Those are basics. o_O There's no such thing as money that comes from nothing.. All the gains you guys have made with EMC2 have been taken from someone else who lost with EMC2. Cryptos are a zero-sum game. If someone gets free money, it was paid by some unlucky guy. This is not completely true, since the capitalization of cryptos is continuosly rising and therefore it is not a zero-sum game - at least not yet. And anyway, whatever is true for EMC2 is true for EVERY other cryptocoin out there, Bitcoin included.
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coldstorage
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January 18, 2018, 08:06:21 PM |
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It's not remotely true. Most value in cryptos comes from the potential to create wealth though certainly it's speculative (in the sense that we don't know which cryptos will last and which will fall away, just as we didn't know which internet companies would last out of the .com bust), and yes, wealth is created all the time. The global economy used to be measured in campfires and arrowheads that combined couldn't produce a single mcdonalds. Now McDonalds themselves are almost as disposable as their sandwiches were 50 years ago, and crypto is the realization of value originally built into both our electrical grids and silicon industries, but it takes time to wring all that value out.
While it is true that noobs are giving away their money when they 1) panic sell and 2) FOMO buy, that contributes at best, very little to global crypto growth and mostly just lines the pockets of day traders. Crypto is far bigger than day traders just like mining is far bigger than those selling their crypto daily, and I suspect we'd have more slightly more value in crypto if the day traders completely exited the scene and stopped destabilizing everything and scaring everyone.
Money doesn't come from nothing, it comes from work. But new work is done all the time. So long as the sun keeps shining and plants keep growing, and animals keep eating them, we keep working, and we're nearing the point that even the sun ceasing to shine wouldn't stop us. We're just now wringing wealth out of work done decades ago (for example, building the electrical grid, building the internet, refining silicon chipsets), it could be decades still before wealth is fully created from all the work being done today. Zero sum game blather is for the bitter. Anyone with a satoshi of perspective should know better.
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ReinaPoma
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January 18, 2018, 08:08:26 PM |
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this is a SCAM!
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OWZ1337
Member
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Activity: 140
Merit: 17
BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
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January 18, 2018, 08:16:41 PM |
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It's not remotely true. Most value in cryptos comes from the potential to create wealth though certainly it's speculative (in the sense that we don't know which cryptos will last and which will fall away, just as we didn't know which internet companies would last out of the .com bust), and yes, wealth is created all the time. The global economy used to be measured in campfires and arrowheads that combined couldn't produce a single mcdonalds. Now McDonalds themselves are almost as disposable as their sandwiches were 50 years ago, and crypto is the realization of value originally built into both our electrical grids and silicon industries, but it takes time to wring all that value out.
While it is true that noobs are giving away their money when they 1) panic sell and 2) FOMO buy, that contributes at best, very little to global crypto growth and mostly just lines the pockets of day traders. Crypto is far bigger than day traders just like mining is far bigger than those selling their crypto daily, and I suspect we'd have more slightly more value in crypto if the day traders completely exited the scene and stopped destabilizing everything and scaring everyone.
Money doesn't come from nothing, it comes from work. But new work is done all the time. So long as the sun keeps shining and plants keep growing, and animals keep eating them, we keep working, and we're nearing the point that even the sun ceasing to shine wouldn't stop us. We're just now wringing wealth out of work done decades ago (for example, building the electrical grid, building the internet, refining silicon chipsets), it could be decades still before wealth is fully created from all the work being done today. Zero sum game blather is for the bitter. Anyone with a satoshi of perspective should know better.
looks like we are heading for a merger of stocks and coins soon... no one really trusts these exchanges. I see crypto going more mainstream and coins listed on etrade ameritrade otc markets?... *good times
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I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! weee™
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coldstorage
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January 18, 2018, 09:03:40 PM |
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I don't doubt that will happen, but I'm more looking forward to decentralized exchanges, including lightning based atomic swaps.
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RealCryptOracle
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January 18, 2018, 09:25:24 PM |
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EMC2 has already fallen down in the last weeks - guys, would you buy some more coins now?
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OWZ1337
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BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
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January 18, 2018, 09:49:59 PM |
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I don't doubt that will happen, but I'm more looking forward to decentralized exchanges, including lightning based atomic swaps.
why because when you turn on mainstream media like CNBC they are not talking about bitcoin at all? :-D ~you a turkey!!!
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I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! weee™
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R-J-F
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AKA RJF - Member since '13
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January 18, 2018, 10:15:24 PM |
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this is a SCAM!
You are the scam!
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"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Ben Franklin
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coldstorage
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January 18, 2018, 11:50:10 PM |
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I don't doubt that will happen, but I'm more looking forward to decentralized exchanges, including lightning based atomic swaps.
why because when you turn on mainstream media like CNBC they are not talking about bitcoin at all? :-D ~you a turkey!!! I think you missed a word.
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nader119376
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January 19, 2018, 12:01:07 AM |
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OWZ1337
Member
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BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
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January 19, 2018, 12:12:19 AM |
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I don't doubt that will happen, but I'm more looking forward to decentralized exchanges, including lightning based atomic swaps.
why because when you turn on mainstream media like CNBC they are not talking about bitcoin at all? :-D ~you a turkey!!! I think you missed a word. doh! :-D emc2 soon will overtake litecoin weee
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I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! weee™
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Genovese
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January 19, 2018, 01:11:39 AM |
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It's not remotely true. Most value in cryptos comes from the potential to create wealth though certainly it's speculative (in the sense that we don't know which cryptos will last and which will fall away, just as we didn't know which internet companies would last out of the .com bust), and yes, wealth is created all the time. The global economy used to be measured in campfires and arrowheads that combined couldn't produce a single mcdonalds. Now McDonalds themselves are almost as disposable as their sandwiches were 50 years ago, and crypto is the realization of value originally built into both our electrical grids and silicon industries, but it takes time to wring all that value out.
While it is true that noobs are giving away their money when they 1) panic sell and 2) FOMO buy, that contributes at best, very little to global crypto growth and mostly just lines the pockets of day traders. Crypto is far bigger than day traders just like mining is far bigger than those selling their crypto daily, and I suspect we'd have more slightly more value in crypto if the day traders completely exited the scene and stopped destabilizing everything and scaring everyone.
Money doesn't come from nothing, it comes from work. But new work is done all the time. So long as the sun keeps shining and plants keep growing, and animals keep eating them, we keep working, and we're nearing the point that even the sun ceasing to shine wouldn't stop us. We're just now wringing wealth out of work done decades ago (for example, building the electrical grid, building the internet, refining silicon chipsets), it could be decades still before wealth is fully created from all the work being done today. Zero sum game blather is for the bitter. Anyone with a satoshi of perspective should know better.
I couldn't agree more. What I could add to the sentence "Money doesn't come from nothing, it comes from work." is that money especially comes from consensus about value, and such consensus is the fruit of a shared reality, which is one of the features of a healthy community. And I especially agree that without daytraders and gamblers the cryptocurrency society would have far more value by now, and a sustainable one.
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Goldsheik
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GOLDSHEIK POWER
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January 19, 2018, 09:22:50 AM |
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Every morning I check the price of EMC2 and laugh. I remember when it was over $2. Now it's $0.5 and sinking like Titanic.
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rubyonrail
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January 19, 2018, 12:02:15 PM |
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Every morning I check the price of EMC2 and laugh. I remember when it was over $2. Now it's $0.5 and sinking like Titanic.
Wondering that why you check emc2 price every morning?
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djnocide
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Merit: 1000
Einsteinium Foundation Board Member and Treasurer
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January 19, 2018, 12:57:19 PM |
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Every morning I check the price of EMC2 and laugh. I remember when it was over $2. Now it's $0.5 and sinking like Titanic.
And i remember when EMC2 was 20sats!
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danbcn
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January 19, 2018, 09:25:37 PM |
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I think that once the market recovers, the price will increase for sure.
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nwtnt
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January 20, 2018, 10:58:50 AM |
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Every morning I check the price of EMC2 and laugh. I remember when it was over $2. Now it's $0.5 and sinking like Titanic.
Exactly!! I'm already protecting some gains on strong low mktcap projects Like that DGPT that everybody is talking about
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Fivestar4everMVP
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Leading Crypto Sports Betting & Casino Platform
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January 20, 2018, 12:35:31 PM |
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Am really hoping emc2 will come back soon enough I bought in around 14k sats when the price of bitcoin was around 16,17k usd, and now, emc2 has gone deeper and deeper, Really hope I get the patient to hold long enough until it recovers
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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OWZ1337
Member
Offline
Activity: 140
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BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
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January 20, 2018, 03:02:35 PM |
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Am really hoping emc2 will come back soon enough I bought in around 14k sats when the price of bitcoin was around 16,17k usd, and now, emc2 has gone deeper and deeper, Really hope I get the patient to hold long enough until it recovers
emc2 insiders buying tekcoin before the media blitz :-D weee ===> https://yobit.net/en/trade/TEK/BTC
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I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! weee™
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dzonikg28
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January 20, 2018, 03:06:34 PM |
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I always asked myself whether this is the coin of Bobsurplus. Can anyone enlighten me on this question? Doesn't he call himself EMC2 whale on twitter and what's the relationship between the project and him?
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