Quote from: Lee_Mire on July 08, 2021, 07:06:50 AM

Quote from: KevinRosa on July 08, 2021, 06:56:43 AM

As Bitcoin is gradually becoming known to the public, this financial and economic feast brought by technology geeks.
Bitcoin is like honey, attracting countless butterflies (altcoins, air coins), countless new projects appearing, ICO.IDO.
It feels more like a comet hitting the earth, leaving big pits. It seems that there are countless treasures waiting to be mined.
The greed of human nature, the inducement of big brothers, the participation of whales, all kinds of good news are flying all over the sky, but the result is just a place of chicken feathers.
Perhaps the sharp drop of Bitcoin and endless washings can calm more people down.
How do you think about this issue?

I have never heard altcoins be called air coins. That's a good one. But to the point, price crashes or a prolonged sideway price movement usually makes it unattractive for scammers to operate because there simply aren't enough participants in the market to victimize with "air coins". So in a way flat markets are good for the reason of washing out scammers.

I called altcoins-air coins, because they are invisible and intangible, because there is no application scenario, the number of the wallet gives us too little meaning, and it is easy to find the air where you invest. Many garbage coin projects are more like a blood-sucking mosquito. The only purpose is to get our money.