Post A6DoofzWiFPi5VPmgC by Full_node@unstoppablecode.org
(DIR) More posts by Full_node@unstoppablecode.org
(DIR) Post #A6DoofSufVKGSM9jqS by j@mstdn.xpub.one
2021-04-14T01:36:01Z
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What would kill off altcoins? Are they inevitable?
(DIR) Post #A6DoofzWiFPi5VPmgC by Full_node@unstoppablecode.org
2021-04-14T01:37:42Z
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@j Humans have been creating their own currencies forever. If we have no cash or coins we play poker with bottle caps. Shitcoins are inevitable but it won't change the fact that they are shitcoins.
(DIR) Post #A6Dp7SDy7eautN7knI by j@mstdn.xpub.one
2021-04-14T01:41:07Z
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@Full_node I wonder if 2nd,3rd layers etc on top on #Bitcoin would kill them off, but scammers do love creating value from nothing.
(DIR) Post #A6DpGFw7B6jjO6yClk by Full_node@unstoppablecode.org
2021-04-14T01:42:43Z
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@j Well that's just it. Easy for someone to boot up another coin and promote it. Maybe pay one of those open mouth warriors on YouTube to promote it. Easy money.
(DIR) Post #A6DpfjQWfcHE5gLHtI by j@mstdn.xpub.one
2021-04-14T01:47:19Z
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@Full_node Ppl get influenced to easily these days. I always try to educate some of my friends about Bitcoin but they always like "what about X coin" and "Bitcoin is too expensive" blah blah Have fun ....
(DIR) Post #A6Dpwjiipf6HvKxhaK by Full_node@unstoppablecode.org
2021-04-14T01:50:24Z
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@j It's the hopes of having many coins with a 1000x move. They fail to see that there's a 3 billion coin market cap or that the "devs" have 7/8 of the circulating supply. It's a easy trap to fall into. Just like the paid groups or interest payments. Every time someone gets wrecked is because of impatience.Bulls get fed, bears get fed, pigs get slaughtered.