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RE: Why Raiblocks Will End as a Pump & Dump

in #raiblocks7 years ago

Yeah, I wasn't sure if you were serious or sarcastic, but since I was generally venting I figured I better cover my bases. :) I thought my use of "noobs" might have been a bit over-the-top, but I feel like everyone has gotten into this stuff SO recently they don't have the larger picture. I got into crypto mining early 2013 cause "screw the banks" and "we can do it better." And for awhile I really think we WERE doing it better .. but NO one talking about it now seems to have been around to remember that!! -- I BELIEVED in the tech and scrimped and saved every dollar so I could get more, or build better miners. NOW, I'm pretty much losing faith in the tech .. right as everyone else is paying so much attention to it. I keep asking myself "what's the point, credit cards have encryption chips now?"

But actually that's why I used LTC on the Overstock platform .. it was the easiest way to get money off of gdax as LTC was the only network that wasn't clogged. (And I used Dash 'cause I found a good number of Darkcoin on an old computer that I'd forgotten about when Darkcoin was rebranded and was only like $7. -- I'm KICKING myself for not doing the master node thing when I had the chance!!) I believe overstock has it's own crypto in development actually .. and gyft as well. I've used gyft for so years, so I hope they come up with something good as well, absolutely wonderful platform.

OH, well if you're a history guy, you might consider looking at the impact of "pieces of eight" as an economic unit .. or even solidus if you want to go back farther. I think both are a much better comparison for the potential of cryptos than tulips.

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I think a lot of people have been early adopters like you - me too, for me it was VR. I'm just so over now that no amount of pumping can get me pumped anymore lol I'll check out gyft, and solidus and pieces of eight. Thanks for the inspiration!