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Thread: Crypto currency (Bitcoin, ethereum...)

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    Veteran Member Jehan's Avatar
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    Default Crypto currency (Bitcoin, ethereum...)

    What is your opinion about it?

    I have mixed feeling.
    In a way I consider it as one of the most advanced scam ever. It's true for some currency bit some other have a real values.
    Thoses system basically help criminals to hide their activitys.

    But It can be a possibility to scream a big fuck you to the banksters and the governments.

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    As you've mentioned, the added anonymity is a double-edged sword when it comes to banking, but the decentralzation that electric currencies eliminates states' traditional leverage, making it less bureaucratic, more mendable.

    Played around with Ethereum a little, traded tokens which passed over into something quite like pozi schemes. But that's due to the kind of contracts I made, not the program itself. Ethereum allows for so much more.
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    Altcoins (anything that's not bitcoin or to a lesser extent, ethereum), are pump and dump scams that you can make some money off if you buy at the right time. For instance, trumpcoin, which was dormant for months, suddenly went into orbit near election time. It then briefly dipped, at which point I bought some, and then recovered to its peak. I could've made a 100% ROI, but I was greedy and bagheld this shitcoin until it plummeted into the ground. It's been that way for several months ever since trump's inauguration. My word of advice is don't get into altcoins because it's essentially gambling. Though some people have a good intuition for when these things will be pumped and dumped and make a living off it (supposedly).

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    Bitcoins were fairly easy to mine initially. It was all the rage to do so when your gaming machine was idle years back. Quite lucrative for those early adopters who didn't waste them.

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    Veteran Member Jehan's Avatar
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    I'am thinking to send a crypto currency, it would be a local currency.

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