Let's be real. As of today, every coin is a shit coin. That will likely change, but never fool yourself about the game you're playing.
$BTC $XRP $ETH $XVG #ZCL
Total volume on the Bancor Network surged past $200M this month, up from just $20K in November. Check out Bancor's latest growth data & more in our February progress update: https://t.co/zVpEnfnePI
Recency bias is absolutely off the charts in $crypto.
Just because there was just a huge pump doesn't mean the next uptrend will be huge. Same goes for dumps and downtrends.
Chill.
$BTC
Simple Valentine's Day advice:
Take whatever you were going to spend on your significant other and multiply it by 2. Take that money and buy as much $BNT as you can.
Best case: They love your foresight.
Worst case: They leave you. More $BNT for you.
The surprising part is the # of seemingly respectable personalities (@AriDavidPaul@naval@SatoshiLite@cryptodemedici) attaching themselves to the project in its current form.
The idea isn't awful, but it's questionable both legally and from a business stand point right now.
Not only is it a questionable practice, it's a silly business model for all involved. Wouldn't you want to take a 4% cut of every transaction at any price instead of running out of buyers when the market won't pay 1.25x the price?
None of those come with the requirement I resell them for more than what I paid. A continued influx of additional money is required to keep this "market" afloat. Once the music stops you're stuck holding the card potentially forever. How is that dissimilar from a "ponzi-scheme"?
Final thoughts on @cryptoallstarz:
I don't think anyone is intentionally trying to deceive anyone. People should take responsibility for what they buy with $ETH $BTC or $USD.
The problem is everyone is saying this is equivalent to trading cards, collectables, etc.
@CryptoBully That card could then be sold at any price going forward - higher, lower or the same.
Correct me if I'm wrong, but Crypto All-Star cards can only be sold for double their price?
That's a big difference.
Crypto "OGs" normally:
"I WOULD NEVER ASK YOU FOR MONEY"
"WATCH OUT FOR SCAMS"
Crypto "OGs" today:
"Buy my picture with $ETH and I'll double your money ๐โ๏ธ๐ฅ๐"
Absolute power corrupts absolutely.
$BTC $CRYPTO
I was an early investor in cell phones back in the '80s, and I believe #blockchain has the potential to be just as transformational as cell phones. As our government begins to look at #crypto, I don't think you can separate #cryptocurrencies from the technology they're based on.