Post by
driller1a on Dec 29, 2021 3:14pm
Bitcoin going under $40,000?
This sector is very concerning. How many different "crytocurrencies" will be "created". I mean this is going beyond fantasyland. Bitcoin alone has had a hard enough time proving it represents anything tangible for years. Now you have ethereum, litecoin, cardano, polkadot, stellar, dogecoin, binance, tether, solana and monero to just name the ones I'm aware of. Until this space can decide on one all and be all currency(which I thought bitcoin was) it will continue to lose value and goodwill in the markets. So, what's happening? will every group of millenial and sub millenial geeks who want to try to make a quick buck by scamming the market just keep creating "bill's coin" and "sally's coin" or let's call the next one "catcoin or starcoin"...yeah that sounds cool. I'm taking all of my money out of this speculative fictional sector.
Comment by
Singoa58 on Dec 29, 2021 3:52pm
We said... this will be remembered as the biggest Ponzi ever created by mankind