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Crypto whistleblower calls the whole thing a Pyramid Scheme



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topics gone triple plat - Number 1 spot 3X PLAT




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 2 months ago '17        #251
justin747  topics gone triple plat - Number 1 spot x5 OP
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 Sivraj said
I don't remember the name of the thread either but I definitely do remember you warning people in that particular thread and multiple. I don't know anybody personally that's made millions or lost it all. But I've seen people online who made a lot and lost a lot. I think the same thing can be applied to the stock market. But at least the stock market has intrinsic value and insurance. Crypto on the other hand reminds me of gambling. I'll partake in it but I'll be careful I def do see the scamming and ponzi schemes in it though. It's def ran by manipulation and whales who can drive up the price and get out.

So I'll just keep an eye out on the bullsh*t.
If it's one piece of advice you take from me, its watch the stablecoins. fu*k all these strategies and charts and history these dudes post on here. It's all bullsh*t



It's simple:

When Binance is printing Tether, it's time to get ready to sell. They are artificially pumping up the price. $1 Billion Tether "minted" is usually around +$1K to the Bitcoin price

When Binance stops printing Tether, it's time to get ready to buy. The price is gonna tank because there isn't any real liquidity in the "market"

 2 months ago '05        #252
Sivraj 
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 justin747 said
If it's one piece of advice you take from me, its watch the stablecoins. fu*k all these strategies and charts and history these dudes post on here. It's all bullsh*t



It's simple:

When Binance is printing Tether, it's time to get ready to sell. They are artificially pumping up the price. $1 Billion Tether "minted" is usually around +$1K to the Bitcoin price

When Binance stops printing Tether, it's time to get ready to buy. The price is gonna tank because there isn't any real liquidity in the "market"
That's interesting I'll try to pay attention. I have 3 particular coins some of them is a meme the other are projects some of them gave me millions of tokens/shares. I only spent like $50 each so if they never go up in value and hit a dollar and I get rug pulled no worries I'll take my L it's just $50. Plus I'll have that all back instantly from working and sports betting. I'm for damn sure not holding my breath for them to pop off I'm a gambler I'm just betting on the future I might be right or I might be wrong we shall see.
+1   

 5 days ago '16        #253
Forza Nocta  topics gone triple plat - Number 1 spot x25
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 Forza Nocta said
Warren Buffet and Charlie Munger think crypto is a pyramid scheme, immoral and should be illegal. That's all I need to know



 5 days ago '06        #254
authenic 
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 TrillSwag said
Once criminals get access to quantum computing so will developers. Developers will come up with quantum based cryptography.
welp algorand got falcon keys to combat quantum computing ...see yall in November

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