Eric Cartman wrote: » So just to ask, my reservations have always been the exit strategy, it seems like every crypto lets you throw as much money in as possible but is there any crypto with a really quick large money exit, like 1 million euro from crypto to my bank account for less than 5% fees in 48 hours ?
makeorbrake wrote: » It's no 'scam'. Here we go again...'scam', 'ponzi', 'pyramid'. If you lose money because of your own conscious decisions, that's your own responsibility. Maybe it's a millennial thing but you speculate and you may win or lose. You can't go crying 'scam', 'ponzi' or 'pyramid' after the fact. A 'scam' would be a 'dishonest scheme'. Someone has to run a scheme - so who is the culprit?
TallyRand wrote: » last year 13/12/2017 13:02 Avatar for makeorbrake makeorbrake Registered User “Thanks all. At the back of my mind, I thought I had come across those concerns. Read so much about crypto, some of it doesn't always stay in the memory bank. It's a shame there isn't a token/coin that could be used as a stability safe haven - without having to cash out into FIAT - which could be used at times when folks felt it necessary.@Col. Jessup: Thanks for that link. However, whatever about flaws being exposed in a crypto that has at least been around for a while, I would be very nervous of using something straight out of the blocks. White papers can be presented and look pretty - but the reality for many crypto's is that once tested, they don't stand up. The vast majority are also simply just scams. I hope that one gets road tested and it ends up doing what it says on the tin” All the above is a post by you 12 months ago, “the vast majority are also simply just scams” You need to answer some of your own questions it seems
TallyRand wrote: » You need to answer some of your own questions it seems
makeorbrake wrote: but the reality for many crypto's is that once tested, they don't stand up.
makeorbrake wrote: The vast majority are also simply just scams. I hope that one gets road tested and it ends up doing what it says on the tin
rapul wrote: » Sad Tallyrand, what has this thread turned into, people actually going out of there way to go through someone else's posts to prove there almighty opinion is correct
grindle wrote: » "It's a bubble man, it's gone, goodbye, sayonara, ciao, etc etc..." :rolleyes:
Tinder Surprise wrote: » I've $1000 annoying me and burning a hole in my disposable income wallet that I would like to blow on the next bubble all advice welcome
JJJJNR wrote: » Retests on eth in the last week have gone from 91, 90, 92, 93 retesting 93.xx a good few times which is creating a nice bit of concavity on the charts. Interesting looking couple of weeks ahead.
Tinder Surprise wrote: » You have to go back as far as May'17 to find ETH at current levels. Whats your gut telling you?
Dohnjoe wrote: » I've good long term confidence in Eth, don't know how that will translate into market price in current climate though
TallyRand wrote: » It’s very different language now from 12 months ago
makeorbrake wrote: » Well, this is interesting. Am I under investigation? Do I need to answer some of my own questions? All day, everyday. I don't apologize for that. So, lets set some context, dude. Firstly, this is a 'discussion forum' and in a discussion forum, people tend to discuss in order to reach a better understanding. Unfortunately - here more than elsewhere it would seem - 'conversations' seem to get polarized. I have no issue in clarifying this but you'd have to wonder in what context you ended up unearthing a post of mine from a few days shy of 12 months ago. There is a guy who's still active on this thread - who, some six or so months ago went trawling through my previous posts - and started making accusations based on things unrelated to crypto entirely (stuff I had posted in other sections of boards.ie), someone who shares your anti-crypto mindset. You would have to wonder about the rationale behind such a move, the intent behind it. However, I know in your case that it was simply a case of diligence, right? :P The discussion at that time was about Tether. I have been pretty consistent on my view on Tether from start to finish - apparently as you would have seen if you've just read through my posts over the last year. There are serious question marks hanging over Tether over the past 12 months and the company have failed to act to clear up that controversy. Just so that there is no confusion, what I mean't by this is that most cryptos back then - and even now - have not had the road testing that Bitcoin has had. Over the years, Bitcoin faced multiple brick walls albeit that it overcame most of them. It currently has a couple to overcome. Young projects that have little more than a whitepaper and no other skin in the game - of which there were many of coming into December 2017 - had not proven themselves. If you are reviewing all my posts, you'll know that more recently I also said that there were scams surrounding crypto but that these don't define the cryptocurrency industry. Are there bad actors in the industry? Definitely. Can someone perpetrate a scam in the guise of a whitepaper? For sure. However, as a proportion of all projects - when viewed through the metric of market capitalization - we're talking about a percentile of projects. I have already stated many times that the vast majority of those smaller projects which are going no-where will fade away. Back on point with the most recent discussion (although if you'd like to trawl through posts of mine from further back - have at it)..... The point of discussion turned on the fact that you - and a few others here - have consistently argued that cryptocurrency as a whole is a 'scam', a 'ponzi scheme' and/or a 'pyramid scheme'. Furthermore, some people in the banking industry or government (the most recent coming this very week from a former Israeli PM) have been consistently using these terms with a view towards sullying crypto. It's bad minded and it comes from a prejudicial viewpoint. There were and are many frauds perpetrated in the conventional stock investing world (Jordan Belfort anyone?). However, I don't see you and these other guys declaring that the entire stock market industry is a scam?? The same argument stands when it comes to people saying that crypto is used for criminality (I'm sure there is a level of criminality in terms of crypto usage). However, you never hear these same people say a word when it comes to things like this - where HSBC paid $2 Billion in fines yet not a single person spent a day in prison. In summary, I stand over my post on this forum on the 13th December 2017 and my discussion of this subject more recently. However, I'm quite happy to be wrong. If - your 'investigation' throws up any other questions, feel free to post them here. Discussion on message boards down through the years has informed me and has often led to me changing my opinion or the forming of my opinion on a subject. It's for that reason, I always welcome the contrarian view - and have done so consistently here. However, you would wonder about some contributions here and the motivations behind them.
TallyRand wrote: » When did I say all crypto is a scam? I said it’s got scams left, right and centre, and if you read the full back and forth between us I have quoted then you see we actually agree. We both actually agree that there are a load of scams out there in sh1tty white papers Mickey Mouse coins, we only seem to differ over the language to articulate that point I think
Tallyrand wrote: Most people think the whole thing is a scam, I don’t remember that attitude prevalent in the early internet days
Tallyrand wrote: Bitcoin is crypto, perception is reality.
Tallyrand wrote: It’s scam city in crypto, more scams than “not scams”
makeorbrake wrote: » Ok, we'll see. Here you go => www.coinmarketcap.com As an expert on this, please go down the list and let us know which project is a scam with them sorted in order of market capitalisation - large to small. So YOU don't think that the 'whole thing' is a scam, then? I didn't quite see that clarification. So if 'bitcoin is crypto' and you are confirming to us right now that Bitcoin is not a scam, ergo crypto as a whole is not a scam, right? So which is it? Is all of crypto a scam or not? Theres a total market cap. of 120 billion in crypto right now. What percentage of that is accounted for by 'scams'?
TallyRand wrote: » Sweet suffering jesus, you have been totally caught out saying loads of scams then “what scams, I don’t see any scams” now trying to twist my words to gain a score
TallyRand wrote: » Let’s go, first point - I’m not an expert so can’t pick the list, you seem more sure so please by all means?
TallyRand wrote: » 2nd) “MOST people think it’s a scam” I don’t need to qualify or clarify for you but I think that it’s quite clear I mean most people as in people on the street who have no time or inclination for crypto
TallyRand wrote: » 3) ergo all you like, to most people the perception is bitcoin is reality. Do you actually not realize that? Come down from your crypto tower and take a breath
TallyRand wrote: » what do you mean which is it? When quoting me saying it’s more scams than “not” scams (ergo mostly scams) when I have ever flip flopped like your good self “there is no scams” to “most are scams”
unkel wrote: » Last winter I heated my house for free and I made a nice profit mining ETH This winter, all my hardware has been paid for. I'm currently making zero profits mining ETH, in fact it is costing me money to mine. But to describe it differently, I am heating my house cheaply #notsoworried
worded wrote: » Tell that to the polar bears drowning from lack of ice though.
JohnnyFlash wrote: » It’s like lads arguing over the parking ticket on the windscreen when all the tyres have been stolen.