Quote from: EarnOnVictor on Today at 07:45:16 AM

This is yet another social media nonsense, which is why I only rely on what I read from reliable news outlets.

How about verifying information yourself, instead of relying on yet another middleman that wont serve you truth when its uncomfortable.

Quote from: BlackHatCoiner on Today at 07:15:34 PM

Quote from: PX-Z on Today at 03:35:24 PM

I'll say tokens are double edge sword, some may experience profit when it still pumping, but most experience its sharpness when it is in the process of dumping most of the time.

Because they're toxic, if not poison, as said. Complete lack of utility of a token (besides being fundamentally speculative) means it's in the boundaries of fraud.

They also dont make much sense economically in the first place. In theory given enough time in a free market, the currency with the best monetary properties should come out as winner - theres no logical place for hypertokenization, as theres no need for people to keep value in worse currencies (except to speculate). In practice the market is never completely free because of regulation, so governments can force shitty currencies into circulation (still no place for other shitcoins). When things go bad, its incentivising people to gamble away their money on whatever promises big return as purchasing power deteriorates. Sadly many newbies dont understand markets well and fall for these fallacies again and again, not realising theyre just temporary + promoted ponzies.