HOW TO FIND CRYPTO GEMS, BTC Bounce back, ETH new ATH, NFL NBA Crypto Deals, Tesla Sells BTC.
From Greg M
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Can someone answer these questions for me:
1. People are going to Bitcoin because the supply is fixed at 21 million. right ? But now we have Bitcoin, DASH, Etherium and 4000 plus cryptos. This is technology. It will always evolve making previous one obsolete. So what does it mean by "fixed at 21 million" ? I see UNLIMITED supply. I am in tech. I have read all those original papers.
Any company can create crypto:
https://www.wsj.com/articles/wsjcoin-yes-we-created-our-own-cryptocurrency-1538559113
UNLIMITED SUPPLY
2. Only reason everyone is buying these coins is that they want to sell it to someone at higher price. You need constant supply of new buyers to do that. If this is not ponzi then what is ?
Silver is different because industries will have to buy it to produce their goods. Cryptos are of no use.
3. ok cryptos can be used to send money without the prying eyes of government. It can be used to send money to some killer in Russia. How long ? It's not anonymous. You need ccrypto exchanges and they can easily be regulated and banned anytime govt. wants
4. Most people who are buying buy it because they have no idea what crypto is and most are actually non-tech people. They think this is something big. So buy.
Why are you still buying ? Unbelievable.
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