Post
Topic
Board Announcements (Altcoins)
Re: [ANN] (XBI) Bitcoin Incognito | POS | Masternodes | Privacy Coin
by
cryptoman2.0
on 24/09/2018, 17:55:21 UTC
i just do not understand why things like this may be valuable?


THERE NOT OF ANY VALUE, ITS JUST SCAMMERS USING THE " GREATER FOOL THEORY" " PONZI SCAM"


The greater fool theory states that the price of an object is determined not by its intrinsic value, but rather by irrational beliefs and expectations of market participants. A price can be justified by a rational buyer under the belief that another party is willing to pay an even higher price.In other words, one may pay a price that seems "foolishly" high because one may rationally have the expectation that the item can be resold to a "greater fool" later.