Seriously. One guy is a just a liar. Everything in his life is a lie or a scam. He’s all in.
The other is just a low class ghetto while guy dumb as fuck. He was telling me last week to do some research and I’ll see things his way. Lmfao.
This crypto game attracts the biggest losers of our society.
I tried telling them that the UN is not gonna allow some nerds to just overtake the financial systems. That crypto will be regulated into the dark of it’s not already. That nobody serious is doing transactions that take a week and 4 seperate platforms.
But of course, the guy with 300 LB girlfriend who lives in a shit box by the highway knows better.
I love watching stupid people suffer!
Quoting: Anonymous Coward 78136780 Dude, think about this fact. Every time a person makes real capital gains from cryptocurrency, it is because they are taking those gains from someone else in the crypto market. That is the only way you can gain, is by taking some other suckers money from them.
That's how the cryptocurrency market functions. So basically the top traders and smart investors need all those dumbfucks to be in the market, so they can scalp them.
That's completely untrue. If you have 1000 dollars of DASH @ 100 dollars, and the price goes up to 200, you just made a profit of 1000 dollars (initial investment+ gains). If you then CONVERT those gains to another coin, then you have SOLIDIFIED them. That value came from an increase in speculative value for DASH. In other words, investors saw something they liked in DASH and bid for it.
You already have DASH because you were SMARTER than the market and bought a lot of it and use it everyday as an actual currency and payment mechanism. Because of this, when the market bids for DASH, you are not "taking" them from the new investors.
Your profit comes from the fact that you had an asset at a value, and due to speculative reasons that value increased. When you sell for a different coin, you are basically serving as the barrier to entry to the next guy. For example, when you got in, you had to pay a premium too. Either it was experimental, or scary, or ridiculed, or you had to mine it, whatever, everyone has to pay the cost to be the boss.
Its the same everywhere in life. Its not at all "taking" as you describe it though, because speculators WANT to give you their money because DASH is an actually valuable addition to their lives, so like you did
they are WILLING TO PAY THE COST TO ENTRY.
Caucasians don't like cryptos though, especially DASH, so they twist and turn everything negative to keep people away.
