Every market / exchange is a ponzi.

In order for you to sell for more than you bought for, someone else has to inject that money into the market and buy it from you themselves. It requires an infinite amount of people to continue buying at higher and higher prices to keep everyone before them profitable.

Just like the normal markets.

It all depends on your timescale..if you're willing to wait patiently for years and not panic-sell during the crazy downswings in between, then any time is the best to buy bitcoin, because eventually it'll be worth more than you've paid for it.

I would say the benefits have increased from the reasons already listed, but decreased since its now quite costly to use and slower due to network congestion.

How the fuck is this 'new'. This is just cheating people who are too dumb to protect their own money, an act that has been around for probably 10,000 years.

Is South Korea not considered South Asian?

They're the worlds biggest crypto backing country.

Upgrade should have gone on a massive advertising spree to alert their users to this.

I can't believe years later it's still happening, and I'm sure it will for years to come.

Fucking hell.

What I want to know: was the exploit fixed? The Twitter security flaw closed off??

If not this will just continue happening.

Came here to say this, it deserves a bump.

It's remarkable how many people in this movement have no clue about its history.

My reply was deleted because I mentioned the state of Israel.

WOOOOOWWWWWWWW

This straight up reminds me of jews not protesting what's happening to Palestinians. They'll cry about the holocaust (horrible yes but generations old now) and then turn a blind eye to their VERY OWN ISRAELI GOVERNMENT doing the same to Palestinians?! Holy fuck.

To be fair, it's still super new and prices will vary heavily through the weeks. Losses aren't realized until you sell them against a fixed price or hedged asset, like USDT or to btc or something it trades against.

But yea, without knowing much about the coin I can't really see it taking off.

On the topic of trust, how does one gain (or lose) trust here?

Personally I gamble for a living right now, try wolfbet's dice game. You can autobet 1 satoshi, martingale strategy is built-in and toggleable (doubles your bet on each loss, resets bet size on a win) so you never lose $ as long as you have a big enough bankroll on the site to continue doubling your bets 25+ times (so around 1 btc).

Betting 1 satoshi per time and doubling your bet 26 times, for example, requires less than 1 btc in bankroll and is a 1 in 66 million chance to lose, and generates $19 usd / day, which is about $350-$400 usd/month. You can also run multiple instances of the dice game at the same time to double your returns (and chances of busting out).

Here's my affiliate link for anyone interested: https://wolf.bet/?c=200DollarShirt

You're a fucking moron if you travel right now

oooooo thanks

Why do these links look so sketchy?

Why is there such little information?

What the fuck is even going on here?

holy shit, thank you!!!!!

What makes your predictions so valuable? Not saying they aren't, but if they were, wouldn't you want to be making bets yourself and sharing it as seldomly as possible to increase your betting odds?

^ I hope that isn't the case, but in this crypto space would not be surprised..

The mining of their own token will definitely happen though.

Also with no use-case, who on earth will be buying this token? It's going to be a race to who can dump the most the fastest until it hits 0.00000001 USD/token and then loses all support.

This is comically microcosmic to Tron itself, also a shitcoin with bad devs and big promises but hollow implementation and no real value or use.

Serjent is talking some major sense right now.

The discipline, bankroll and craftyness required to make a longer term (not indefinite) strategy work are only shared by few dedicated gamblers, which is in the end entertainment because it's their passion.

But yes, this idea shouldn't be sold to / adopted by the masses because (as mentioned by others) most people aren't equipped for it, one way or another.