Blockchain is Dangerous Nonsense

SunTrader · Feb 13, 2024

Dubai._.boy20 said:
Alright, diving into this whole crypto nonsense thing again. Honestly, not a single crypto project seems to have a solid, real-world use yet. And get this, most don't even have a real office. Makes you wonder, right? How can you trust something without someone actually being responsible for it? If there's a face to the project, someone has to play by the rules and can't just scam you easily.

But let's be real, calling crypto the future is a bit of a stretch. When things get shaky, no investor in their right mind would pick a crypto investment over something solid like government bonds. Why would anyone throw their money into something as wild as crypto, when even something as basic as oil or a piece of real estate feels a ton safer?

And comparing Bitcoin or any crypto to even the smallest company on the stock market? No way. Those companies have real people, real business going on.

Just thinking out loud here, but how many of you have been burned by some crypto scam? Ever got your money back like you would if your credit card got scammed? I doubt it.

Bitcoin kinda feels like it's just for the shady side of the internet, moving big money under the radar. It's not really about helping humanity or bringing some great value. And thinking about the future, when we're all using digital money, will Bitcoin or any crypto even matter if there's no cash to hide or launder?

But hey, if you're into day trading or making quick money, sure, ride the crypto wave. Just don't go betting the farm on it or dreaming about living off it on a yacht or something.
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"And get this, most don't even have a real office."

lol

semperfrosty · Feb 14, 2024

SunTrader said:
"And get this, most don't even have a real office."

lol
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2 posts,4 likes is some very strong stats though.

Jury's out on this Dubai boy.

The_Krakenite · Feb 16, 2024

As I said in post# 171 .... "BTC micro is fine for me."
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I only started experimenting with the BTC micro this year. Used to play with the Micro Ether beforehand. These were badly needed. Everyone HATED the 5-coin thing.

Remember when the micros were first announced here just a few years ago? There was a lot of bitching about CME's fees and poor liquidity.

Overnight · Feb 17, 2024

The_Krakenite said:
I only started experimenting with the BTC micro this year. Used to play with the Micro Ether beforehand. These were badly needed. Everyone HATED the 5-coin thing.

View attachment 334091

Remember when the micros were first announced here just a few years ago? There was a lot of bitching about CME's fees and poor liquidity.
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May 2019... CME index micros started trading after being announced a few weeks prior. I started this index trading shit a few years too early. God damnit shitfucker fuck all! Ack!!!!

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Blockchain is Dangerous Nonsense

SunTrader

semperfrosty

The_Krakenite

Overnight