Post
Topic
Board Announcements (Altcoins)
Re: IOTA - Unmoderated thread
by
altcoinUK
on 10/02/2016, 16:17:47 UTC
it doesn't make me a scammer i speculate on exchanges with crypto currencies !!!!!  Huh Huh

What you think about yourself is besides the point. The point is, P&D operations like NXT, JINN/IOTA and virtually all other currencies which used by absolutely no real world environment outside of manipulated crypto currency exchanges can only deliver their wonderful "ROI" at the expense of naive, wannabe rich and uninformed users (bagholders) who buy into the hype. There is no real demand for these digital excrements except the fraudulent demand of endless hype and shilling. These digital excrements has no role in society nor in businesses. Their only role has been to deliver the "ROI" at the expense of bagholders, which is the dream of the "investors". The large ecosystem of NXT has no role in society nor in real world businesses. The exactly same applies to IOTA and JINN. The fact that some innovations or software development emerges from these scams cannot approve nor justify the existence of these operations, even if some says "yeah but they deliver some innovation".

The socially and economically important concept of decentralized crypto currency has been reduced to fucking speculation instruments and the whole process is driven by a few scammers like our boy in Scandinavia and our developer in Belarus who project the prospect of a wonderful ROI to their "investors".

Even the positive developments like NEM which takes the blockhain concept to banks aren't in line with the decentralized, P2P crypto currency concept, but at least those guys are not blatant scammers as they have a real world use case, so their technology and coin could represent a real value i.e. something other than a speculative instrument. The IOTA scammers with the IoT and microprocessor use cases (as I explained above) don't have anything, not even a realistic business prospect, except that a few greedy idiots want to replicate the successful NXT ROI with IOTA, again at the expense of bagholders.