An Observation About Cryptocurrency (Dogecoin, Shiba inu, etc.)
- Thread starter Fly
- Start date
The one thing to realize is for every shiba or doge that explodes and gets super popular, there are 1000 other shyt coins that went nowhere or rugged.
if you want to get rich you have to get in extremely early. Once people start the “to the moon” shyt and start making TikTok videos it’s safe to assume you’re not early. You can still make money but those 10000% returns probably aren’t happening for sure
if you want to get rich you have to get in extremely early. Once people start the “to the moon” shyt and start making TikTok videos it’s safe to assume you’re not early. You can still make money but those 10000% returns probably aren’t happening for sure
paperbag
Death to the demoness Allegra Geller
He said it right there (ticker:BITCOIN)nikka tell us the coins
$BITCOIN and $ETHEREUM
super duper white boy stuff, don't cry if you lose $50 please
FOMO
I’m talking about the shyt coins.
just need ethereum to keep going and going and going 
Golayitdown
Veteran
Island Boys took Petey Pablo’s intro to being a brand spokesman class. They’re shouting out whoever pays them
What happened? Island Boys was supporting wolverinu. Why they switch up?
ORDER_66
I am The Wrench in all your plans....
Bitcoin came out years ago...
it's digital currency. not a ponzi scheme. everything else that followed til now varies in their uses and concepts. do some research bruh, people make paper off this... 
Yeah, it makes sense that folks are leveraging e-commerce digital marketing strategies for pump and dump campaigns.
Basically using the same influencer marketing tactics that worked for waist trainers and tummy tea, just for coins, NFTs, etc.
I may sound like an old man, but I think as inflation gets higher, wages stagnate; all this digital hustle porn will become a bigger and bigger industry, with the Bernie Madoff smoke and mirror tactics getting more sophisticated.
currently, I’m actually taking the old man approach to investing. try to max 401k contributions in stable mutual funds
I’m up 40% or so YTD
Not 3000% instant gains, but not crazy volatility either
Basically using the same influencer marketing tactics that worked for waist trainers and tummy tea, just for coins, NFTs, etc.
I may sound like an old man, but I think as inflation gets higher, wages stagnate; all this digital hustle porn will become a bigger and bigger industry, with the Bernie Madoff smoke and mirror tactics getting more sophisticated.
currently, I’m actually taking the old man approach to investing. try to max 401k contributions in stable mutual funds
I’m up 40% or so YTD
Not 3000% instant gains, but not crazy volatility either
paperbag
Death to the demoness Allegra Geller
I’m talking about the shyt coins.
Ok so you're not picking up what I'm putting down.
It's not BTC it's (ticker:BITCOIN)
it's not BTC & ETH, it's $BITCOIN and $ETHEREUM
Like he said
10
Inu
ummm...green text? Does that help?
You all always say you want to get in early but you need to deal with the creators if that's your aim, aka the autistic whitez. I don't want them to come over here tho
Also it can potentially get rugged at any moment
Ok so you're not picking up what I'm putting down.
It's not BTC it's (ticker:BITCOIN)
it's not BTC & ETH, it's $BITCOIN and $ETHEREUM
Like he said
10
Inu
ummm...green text? Does that help?
You all always say you want to get in early but you need to deal with the creators if that's your aim, aka the autistic whitez. I don't want them to come over here tho
Also it can potentially get rugged at any moment
Lol girl what are you saying?!
Bitcoin came out years ago...
Why would a digital currency not be used for a ponzi scheme? And yeah some folk have made paper off of this, folk make paper off ponzi schemes too if they get out early, that doesn't mean it's not a scame.
Crypto can be a real thing with real utility, and the current value of crypto could still be primarily propped up by ponzi schemes. Those two options aren't mutually exclusive.
Why bitcoin is worse than a Madoff-style Ponzi scheme
Cryptocurrency ‘Nothing More Than A Pyramid Scheme’, Says Browser Boss
Cryptocurrency Is a Giant Ponzi Scheme
Bitcoin is looking more like a pyramid scheme, and central banks must act
Even the creator of Dogecoin says that crypto has become nothing more than a scam for the wealthy to prey on the masses:
Dogecoin creator says crypto industry financially exploits the vulnerable
