Author Topic: Crypto Culture  (Read 2126 times)

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Online Based Shady

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Re: Crypto Culture
« Reply #15 on: January 10, 2022, 12:01:50 pm »
If you didn't sell it for 5K, you didn't make $5000.
True. 

Offline MH

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Re: Crypto Culture
« Reply #16 on: January 10, 2022, 02:10:02 pm »
What exactly are you gambling on with this stuff ? 

Offline Queefer Sutherland

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Re: Crypto Culture
« Reply #17 on: January 10, 2022, 03:33:10 pm »
What exactly are you gambling on with this stuff ?

Money.
I queef, therefore I am.
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Offline MH

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Re: Crypto Culture
« Reply #18 on: January 11, 2022, 09:21:34 am »
Money.

But what is the difference between this and a roulette wheel play ?

Online Based Shady

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Re: Crypto Culture
« Reply #19 on: January 11, 2022, 09:28:56 am »
But what is the difference between this and a roulette wheel play ?
Itís not really much different than the stock market.
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Offline MH

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Re: Crypto Culture
« Reply #20 on: January 11, 2022, 10:05:38 am »
Itís not really much different than the stock market.

?
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Offline Black Dog

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Re: Crypto Culture
« Reply #21 on: January 11, 2022, 10:53:43 am »
Itís not really much different than the stock market.

The stock market is tied to companies that exist in the real world that, theoretically at least, provide value through providing services or creating products. Crypto is tethered to nothing, hence the extreme volatility.
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Online Based Shady

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Re: Crypto Culture
« Reply #22 on: January 11, 2022, 11:08:33 am »
The stock market is tied to companies that exist in the real world that, theoretically at least, provide value through providing services or creating products. Crypto is tethered to nothing, hence the extreme volatility.
Thatís partially true but also partially false.  Regardless of the crypto, it absolutely is tied to something.  You need to look into how Bitcoin, etc are mined.  However, for another example, I have money invested in MANA, which is a crypto currency used in decentraland, and Facebookís meta verse.  Those are real companies with products, services etc.  Theyíre emerging products and services, but products and services nonetheless.  Many people have little knowledge when it comes to anything crypto.  And thatís ok, itís a very niche market.

Online Based Shady

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Re: Crypto Culture
« Reply #23 on: January 11, 2022, 12:36:30 pm »
Btw, if anyone is interested, https://decentraland.org/

Offline Bubbermiley

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Re: Crypto Culture
« Reply #24 on: January 11, 2022, 12:41:02 pm »
You might also be interested in selling Amway

Online Based Shady

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Re: Crypto Culture
« Reply #25 on: January 11, 2022, 12:43:02 pm »
You might also be interested in selling Amway
Right, because Facebook and Amway are the same.

Offline Bubbermiley

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Re: Crypto Culture
« Reply #26 on: January 11, 2022, 02:01:38 pm »
Right, because Facebook and Amway are the same.
It's multi-level marketing. It only lasts as long as there are suckers to exploit.

Online Based Shady

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Re: Crypto Culture
« Reply #27 on: January 11, 2022, 02:07:52 pm »
It's multi-level marketing. It only lasts as long as there are suckers to exploit.
Thatís not true.  It has nothing to do with marketing.  This particular currency is used for many things, like in virtual casinos.  Is online gambling multi-level marketing?  Youíre probably also unaware that companies like Nike have purchased their own spaces in the metaverse.  I have a tip for you guys, donít talk about this stuff if you have no idea what youíre talking about, and basing everything on your uninformed assumptions.

Offline Bubbermiley

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Re: Crypto Culture
« Reply #28 on: January 11, 2022, 02:52:33 pm »
I certainly don't want to discourage you from investing in it.  ;)

Offline wilber

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Re: Crypto Culture
« Reply #29 on: January 11, 2022, 06:29:11 pm »
You might also be interested in selling Amway

I'm surprised Amway still exists. I had to look it up.
"Never trust a man without a single redeeming vice" WSC