12-28-2022, 06:27 PM
(12-27-2022, 12:26 AM)liamyhmallant Wrote: How do these traders hope to recover their assets from the collapsed exchange? They should understand that the collapsed exchange no longer contains any financial savings. By the way, I never liked Celsius because it had an inconvenient app. I prefer those exchanges where it's convenient to trade via mobile devices. I don't always have time to buy a coin from the computer when I receive another notification from 2-moon. These crypto signals can be received anytime so as not to study the cryptocurrency market yourself. You can check details on https://crypto-informator.com/blog/2moon-review/ to understand what I'm talking about.
Bitcoin is the greatest scam in history
![[Image: bitcoin_eyes.0.jpg]](https://cdn.vox-cdn.com/thumbor/RZXS2WHODVNURlOB-kj51UkH9WA=/0x0:4272x2848/1220x813/filters:focal(1801x331:2483x1013):format(webp)/cdn.vox-cdn.com/uploads/chorus_image/image/59500855/bitcoin_eyes.0.jpg)
I’m tired of saying, “Be careful, it’s speculative.” Then, “Be careful, it’s gambling.” Then, “Be careful, it’s a bubble.” Okay, I’ll say it: Bitcoin is a scam.
In my opinion, it’s a colossal pump-and-dump scheme, the likes of which the world has never seen. In a pump-and-dump game, promoters “pump” up the price of a security creating a speculative frenzy, then “dump” some of their holdings at artificially high prices. And some cryptocurrencies are pure frauds. Ernst & Young estimates that 10 percent of the money raised for initial coin offerings has been stolen.
The losers are ill-informed buyers caught up in the spiral of greed. The result is a massive transfer of wealth from ordinary families to internet promoters. And “massive” is a massive understatement — 1,500 different cryptocurrencies now register over $300 billion of “value.”
It helps to understand that a bitcoin has no value at all.
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In my opinion, it’s a colossal pump-and-dump scheme, the likes of which the world has never seen. In a pump-and-dump game, promoters “pump” up the price of a security creating a speculative frenzy, then “dump” some of their holdings at artificially high prices. And some cryptocurrencies are pure frauds. Ernst & Young estimates that 10 percent of the money raised for initial coin offerings has been stolen.
The losers are ill-informed buyers caught up in the spiral of greed. The result is a massive transfer of wealth from ordinary families to internet promoters. And “massive” is a massive understatement — 1,500 different cryptocurrencies now register over $300 billion of “value.”
It helps to understand that a bitcoin has no value at all.
- More -