Quote:
Originally Posted by jscott
From his sig: "high yields from stablecoins at elephant.money"
Note to everyone, when you hear altcoin promoters mentioning "high yields" it is a HUGE red flag to RUN!
AmateurFlix, sorry to state truth man, but it won't exist in 3-5 years. So to consider that a store of value is very deceiving. Not sure what you're getting out of spamming/promoting it, but I sure hope it's worth slaughtering your reputation for.
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My reputation is that anyone who would've bought into this when I first posted about it would have doubled their money already in a bear market, NFA.
Here's a view of the daily chart for over a year against BNB, which has been down lately. What do you think is going to happen when BNB inevitably rises now that Asia money is opening up to it? BTW, I posted about this in December of 2022, look at the chart since then
Your understanding of crypto is laughable, which is typical of the majority of bitcoin maxi's. Your position requires concentrating rubes into a simple pyramid scheme which necessitates turning them away from any other opportunities.
Bitcoin enjoys its current position due to the momentum of having been the first big success in crypto however fundamentally it is 14 year old software which is being transformed into a financial product for swing traders to extract value from, rather than what its original intent was, a non-inflationary store of value. The creation of derivatives surrounding bitcoin is tantamount to printing more coins; the invested value essentially gets diluted among bitcoin and bitcoin products.
So much for that oh so important "21 million" bitcoins getting all the invested value
As for this somehow not existing in 3-5 years, that is nonsense. It will exist for as long as the blockchain is online. You should really do some basic crypto homework and familiarize yourself with terms like "immutable contract".
Bitcoin will always have a place however the future of crypto is not being built upon 14 year old tech which lacks any sort of smart contract ability... it's not going to remain at the top forever unless innovation in competing blockchains halts, which isn't going to happen.
BTW I'm not "spamming/promoting" this, I've never even included my refcodes in the links and they don't pay me. I'm just someone who has done a hell of a lot of research into crypto the last few years and out of the thousands of projects I've seen this one is by far the best and most sensible of them IMO, not financial advice.
So what's your incentive for promoting bitcoin?
Someone paying you for that sig link and your poorly informed keyboard diarrhea?
