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RE: Monero, the better new old Bitcoin?

in #monero6 years ago

Bitcoin is a massive ponzi scheme. It's in terminal decline for many reasons. Just wait until the IRS cracks down on Bitcoin tax cheats. Alot of people are going to get wiped out as the price declines further.

Time to sell and cash out.

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Bitcoin is the ONLY decentralized crypto currency and ALL the other shitcoins are just following the trend of the bitcoin.
when bitcoin goes up all the other coins are going up and when bitcoin is crashing all the market is crashing.
The bitcoin has no CEO or developers that are being payed by the bitcoin company ALL the other coins have a CEO and a company that stands behind them, and if the CEO will die tomorrow in a car crash - you will see the coin loosing 60% of it's value in one day. It has happened to Ethereum last year when someone said that Vitalic B died in a car crash.

check the definition of Ponzi Scheme - https://en.wikipedia.org/wiki/Ponzi_scheme

Bitcoin is not the only decentralized token. You clearly don’t know what u are talking about respectfully...

i am not an expert
far from being one

..let me know what other currency is decentralized - no CEO or developers that are being payed and no structure of a company

The good news is that 2nd hand very high quality graphics processing cards will soon be available for deep discount.

I don't think you can call BTC a ponzi scheme in the real sense. I agree that crypto's are going to go down to pre november price but there are new idea's coming out daily.. BItcoin cash has a new point of service device that will be launched in the autumn. No fees and instant,,

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