Post
Topic
Board Economics
Re: Was Bitcoin actually just a Pump and Dump?
by
Nerman
on 03/10/2017, 05:19:09 UTC
This is an open discussion, so your thoughts more than welcome.

Here is what i think that happened:

"A few people with a lot of money, a few brilliant ideas and the will to fuck everyone up in order to make loads more money came up with a great idea: let's create digital money, some bullshit about fighting banks, some japanese guy that doesn't really exist, silkroad for a bit.
Let's give this Bitcoin thing value by pumping the hell out of it, and let it drop on  a bunch of unwanted childs that dream of getting rich with this shit.
In the Meantime we will have an organized ring of scammers ( Karpelles, cryptorush, mintpal.. etc etc .. ) that will make us even richer.
We will also have another organized ring of scammers/devs that will create new coins so we can pump and dump the hell out of them to make even more and more money.
Once this shit gets regulated we will just leave with more billions and see ya"







No one exectected that bitcoin or altcoins will be a big hit.  I actually heard of bitcoin years ago but ignored it (dumb me) but if you  actually research about bitcoin even the creator or creators did not expect that bitcoin will be considered as an asset. If you think about it when bitcoin was .001  you would not even think on investing on it. If your strategy was pump and dump back then no one would buy bitcoin.