The more I look into crypto, I just can't believe this shyt is as popular as it is. When this bubble burst, whats gonna happen to the financial system

[O.Red]

yall watch videos with one particular point of view (negative) and then come to a conclusion as if you have a full perspective

youre not actually learning about crypto when you do that...
its not going away

youre just tricking yourself out of making retiring early type of money

What's funny is nikkas keep doing this thinking they've had a revelation no one else has had and here they come to school nikkas with their curiosity

These "I don't know it just seems like a scam" people always come with the same playbook of questions like people who've invested in crypto never asked themselves the exact same questions before

They also tend to have a feast or famine attitude about it like nikkas are either millionaires or about to lose their house there are plenty of people that are making great supplemental income with crypto and it always gets lost in the extreme reasoning

 

[O.Red]

The only thing that has me concerned is I don't think the creator intended for bitcoin to be 100k+, realistically, mainstream I don't think it'll ever get adopted, so it's value and impact is missing the point of its creation.in a couple of years it'll be 20 years old and people still won't be using it in mass for value or trade, and you can't hide your purchasing from the government so I don't really think bitcoin will ever be used as intended.




Personallly I think self investment is better, I've made more money in my buisness than I could've ever hoped in crypto and I don't have to depend on people selling low and losing to make profit.

Breh this ain't 2013 the big banks and politicians play with Bitcoin too

 

[In The Zone '98]

What's funny is nikkas keep doing this thinking they've had a revelation no one else has had and here they come to school nikkas with their curiosity

These "I don't know it just seems like a scam" people always come with the same playbook of questions like people who've invested in crypto never asked themselves the exact same questions before

They also tend to have a feast or famine attitude about it like nikkas are either millionaires or about to lose their house there are plenty of people that are making great supplemental income with crypto and it always gets lost in the extreme reasoning

Just hoping

Wishing

Praying


It all goes to 0

 

[levitate]

Raw.

 

[Gloxina]

What's funny is nikkas keep doing this thinking they've had a revelation no one else has had and here they come to school nikkas with their curiosity

These "I don't know it just seems like a scam" people always come with the same playbook of questions like people who've invested in crypto never asked themselves the exact same questions before

They also tend to have a feast or famine attitude about it like nikkas are either millionaires or about to lose their house there are plenty of people that are making great supplemental income with crypto and it always gets lost in the extreme reasoning

And that’s really all it’s about.

The ppl who really figure it out and get in super early make great money, but imagine knowing how to pull even a few thousand here and there out of crypto? That’s like a second job, investment money, etc you’re making from home.

 

[jerniebert]

People have been making this fresh take for over 10 years. The money is there. It's just depends on how much you're trying to make.

 

[Bushmaster69]

Governments are buying BTC . Pension funds are buying. University endowments. We're not in 2014 anymore

I don't think people understand this.

They think everytime the charts are red it's game over for crypto, and that there aren't any cryptos with real world utility.

They will be left behind.

 

[Vandelay]

From my purview, it's a scam. One that's becoming legitimate. Volatility and the need for other people to buy into it, yes this makes it a scam. I'm not oblivious that some of our other financial instruments that operate similarly could be considered scams too. Until crypto operates within it's own ecosystem without the intervention of exchange with other currencies, it will always be a scam to me. I don't care if some people are able to target the right timing to make a profit, the vast majority of people are NOT making money on it.

Blockchain is the real money, but blockchain isn't sexy and you ask 99% of crypto investors they couldn’t tell you what blockchain is.

Make your money, but don't say it isn't a scam when you directly need others to buy into it for it to gain value. That's the pure definition of a scam. Anything that makes money, people aren't trying to get everyone to buy into it, because that dilutes the value of it.

And for the record, I own some bitcoin, but I'm not oblivious to what it is and why it has value.

 

[the cool]

From my purview, it's a scam. One that's becoming legitimate. Volatility and the need for other people to buy into it, yes this makes it a scam. I'm not oblivious that some of our other financial instruments that operate similarly could be considered scams too. Until crypto operates within it's own ecosystem without the intervention of exchange with other currencies, it will always be a scam to me. I don't care if some people are able to target the right timing to make a profit, the vast majority of people are NOT making money on it.

Blockchain is the real money, but blockchain isn't sexy and you ask 99% of crypto investors they couldn’t tell you what blockchain is.

Make your money, but don't say it isn't a scam when you directly need others to buy into it for it to gain value. That's the pure definition of a scam. Anything that makes money, people aren't trying to get everyone to buy into it, because that dilutes the value of it.

And for the record, I own some bitcoin, but I'm not oblivious to what it is and why it has value.

Is it still a scam

 

[Koichos]

 

[Savvir]

I don’t get why a monetary system that tracks every transaction ever made is so liked by people who advocate for privacy

 

[ORDER_66]

From my purview, it's a scam. One that's becoming legitimate. Volatility and the need for other people to buy into it, yes this makes it a scam. I'm not oblivious that some of our other financial instruments that operate similarly could be considered scams too. Until crypto operates within it's own ecosystem without the intervention of exchange with other currencies, it will always be a scam to me. I don't care if some people are able to target the right timing to make a profit, the vast majority of people are NOT making money on it.

Blockchain is the real money, but blockchain isn't sexy and you ask 99% of crypto investors they couldn’t tell you what blockchain is.

Make your money, but don't say it isn't a scam when you directly need others to buy into it for it to gain value. That's the pure definition of a scam. Anything that makes money, people aren't trying to get everyone to buy into it, because that dilutes the value of it.

And for the record, I own some bitcoin, but I'm not oblivious to what it is and why it has value.

Its a scam but you own some bitcoin?!!?!?

 

[Vandelay]

Its a scam but you own some bitcoin?!!?!?

From my purview, it's a scam. One that's becoming legitimate. Volatility and the need for other people to buy into it, yes this makes it a scam. I'm not oblivious that some of our other financial instruments that operate similarly could be considered scams too. Until crypto operates within it's own ecosystem without the intervention of exchange with other currencies, it will always be a scam to me. I don't care if some people are able to target the right timing to make a profit, the vast majority of people are NOT making money on it.

Read my quote to understand. Not just to respond. Won't say reread, because you clearly didn't read it.

 

[jadillac]

If it's a scam, thr ppl who are deep in it will cash out right before it hits.

I don't think it's a scam tho

 

[ORDER_66]

Read my quote to understand. Not just to respond. Won't say reread, because you clearly didn't read it.

I'm just noting your hypocrisy... it's not THAT deep i dont need a dissertation...