First coin after Bitcoin

Hi everyone,

Any one here who invest in bitcoin or first coin ?

 

yes I am.... You must try to earn bitcoin now

 

why invest in something unregluated and unsafe ? it all seems like a bubble to me and warren buffet anyway.

 

Bitcoin is a speculative bubble. Only invest what you can afford to lose.

 

its nothing than a pryimid scheme now its really high people claim it will be millions cause they will sell now and also your wallets arent safe or regulated remember that also.

 

Bitcoin has gone down in the new year by $4000 approx. The volatility of bitcoin is scary.

 

Yes, and it went up 10.000 before that.
Can someone please explain to me why Bitcoin is a pyramid scheme? I so want to know why.
How can this possibly be a pyramid scheme when the whole system is decentralized.
Noone is trying to get you invested into it. It's growing naturally.
Not to mention some of the other coins have serious tech behind them.
Is Facebook a pyramid scheme as well? Are their stocks part of a pyramid scheme too?
It's the same. You buy into a technology hoping that technology will succeed and the underlying asset will increase in price.
It seems to me that Cryptocurrencies are genuine technologies and the underlying price is governed by market forces and is based on expectations about the future. It's that simple. No pyramid scheme there.

 

Your effort deserves a quality response, but I am short on time.
Can someone please explain to me why Bitcoin is a pyramid scheme?
BTC is NOT literally a Ponzi, but it does have some amazing similarities, for example, needing a constant flow of new investors to support current prices // As long as new Bitcoins are still being created.

It's growing naturally.
Semi-true, IMO, it was "growing naturally" for several years, then an almost insane level of greed took over.

Not to mention some of the other coins have serious tech behind them.
True.

Is Facebook a pyramid scheme as well? Are their stocks part of a pyramid scheme too?
Twitter stock (for example) is/was a legal Ponzi. Facebook = no comment

In a nicer world you are close to 100% correct, but the ICO (ETH) Bubble monster is even closer to a "Giant Ponzi thing" than Bitcoin itself. Some of the companies are legit, but the community is currently dancing in a wild circle of endless greed.

 

Ohh, wow, thanks for the detailed response.

Why does BTC need constantly new investors? Wouldn't it simply remain at the same price if no new investors enter and no old ones leave? (Most speculative investors would ofc leave if the price wouldn'T increase this the price would fall realistically) But still, it's not like the current price depends on new investors.

I agree that greed completely took over the crypto world. It's really a shame. But this can be true for any asset. People can start buying up real estate like crazy thus inflating prices.

I have not heard that Twitter stock was a Ponzi. Interesting.

You really think ETH will burst? It's like at 800 USD right now.

 

Why does BTC need constantly new investors?
New Coins are still created in every block. Assuming at least some miners are selling to pay for electricity, then you need new money coming in to maintain current prices. // Not a problem when 1,000's of people are joining a Bull market every day

I have not heard that Twitter stock was a Ponzi. Interesting.
No, um Yes, a "legal thing" similar to a Ponzi, since early investors did well, and the retail stock buyers all lost money.


You really think ETH will burst?
ETH is a brilliant "Bubble Machine" (a container) using smart contracts. The issue is "early seed investors" (in related ICO's) who simply get in early and dump their discounted "tokens" on the later "investors".

Summary:
Too many tokens, not enough great, original projects.

 

invested in electroneum. Not even checked the status.

 

for someone it isn't safe, but for someone it's very profitable so think about it

what do you think about tokens? Good catalog is here: sellandbuycoins.com
my friends advised me, maybe you will find it useful

 

For some reason, I believe that GRAM by TON aka Telegram will be the next big thing.

 

Can Someone Please explain whats the bitcoin how does it work and whats the our part in this flow. Its really bothering me.

 

hi .... i suggest you invest on bitcoin and then on bytecoin .
you can read about them in internet . search in google and find many site about them . if site do not english language .. .. you can use google translate . . . ..

bitcoin is the future of world

 

BITCONNNNNECTTTTTTT.

Save your money.

 

I am not that smart in this respect. At the same time I believe (it is likely that I am wrong) that Bitcoin is gold, Litecoin is silver. In fact, these are the only two currencies I have already invested in

 

& bytecoin is diamond

 

You can also cloud mine it at a good price e.g on finom.io

 

Bitcoin is becoming into a new paradigm in economy. You will be the very owner of your digital currency and everyone can have a copy of a public ledger of all transactions made in the platform, so it is actually impossible to alter that information because computationally is very expensive to do it. Bitcoin acts something like any digital money you could have in a videogame, but it can be used to buy products, goods, etc. in real life