Support scammers and innovative technologies? Fall for what? Making money? I will never be done with earning money and I don't think I am supporting a scammer because I am holding some Bonk. But maybe I misunderstood your point bro. And I haven't sold yet. I got a good stack with Bonk now and I am just sitting back and cozying up. This will end in a very good profit whatever happens next.
And thanks for the tip mate about Binance. Will check it out.
Have a nice Saturday mate.
In the casino you are also "making money"?. Dozens, if not hundreds, of meme coins are created
every day. Most of them collapse on the same day. The chance of making x7 is probably 1:50. Why? Because meme coins have no value. It's just a name and a marketing machine. A marketing machine, commissions for listings on exchanges when there are no volumes yet, initial capital for pumping the price, commissions for pumping fake volume. These are all costs that developers must cover. They also make meme coins for money and not for charitable purposes. And since the project does not produce anything, the costs are covered 100% with money from the token dump on "investors". investors who play hot potato game or a zero-sum game. One earns while the other loses. A zero-sum game if the above-mentioned costs are ignored. If you add them up, it's a super negative sum game. This is a casino with a huge house edge.
In good casinos, house edge (casino profits) are 1-5%. good casinos have a "provably fair" mechanism where you can verify this. Meme coins house edge it's probably 50-90%, it can't be determined or verified.
In my opinion, this falls under the definition of a scam. Pump and dump itself is a scam.
Don't say you make money from meme coins. It's like saying you're making money at the casino. This time you got it, next time you lose it, thats it.
Ironic that a person that promotes mixer calling a coin a scam
, but it's only your opinion and it has no value for us that made profit from this coin, we have not scammed anyone & I have never scammed anyone and never would. I trading with coins that are completely legal. You know? I respect your point of view my friend and you can sit and hate meme coins and hold your bitcoins that's totally okay and I agree with the casino comparing.
But just because you aren't smart enough to know how to make money from trading & meme coins doesn't mean it something bad. Try to learn it instead, your reply says more about your knowledge then meme coins, I am not good either but I try to learn and I improve everyday.
But of course, you will lose some and win some but if you smart and lucky enough to win more then you lose you are safe.
But you are on point on many things meme coin's sky rocket for just falling very fast yes almost everyone of them does, but that's the whole point with trading meme coins, buy and sell fast. This is Trading Discussion and not hold long term discussion. So thank god meme coins are in this way, it's exactly that's why I love to trade with them. If you looking for long term holding you in the wrong place bud.
And you know what? I been making money from meme coins and still will. & I also make money from casino's using sports betting.
Good luck with life my friend & have a great weekend.