RE: Has Anything Your Shitcoin Promised You Come True?
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So yes, if a crypto lasts for a decade it would go up in price because of the network effect it can achieve and by currency inflation. That's the same for EVERYTHING. I could hold stock in company that has never made a profit but lives on debt and government bail outs and that stock would go up in price over 10 years
Has a big mac not gone up in fiat currency terms over 10 years?
If that's the basis of success, then how does a shitcoin offer anything different from other investments?
Let's take your argument of 10 years, part from bitcoin you have
2011 - Litecoin - 5388.3% up on launch price, but -90.9% down against bitcoin
2012 - Peercoin 100% up in launch price, but -99.3% when compared to holding bitcoin
2013 - Dogecoin - 92322.9% up on launch price - but -79.2% against bitcoin
2013 - NXT (Proof of stake) 95.4% up on launch price - but -99.9% against bitcoin
And I am being very generous here because no one gets in on launch price, and your argument still falls flat.
Facts!
This guy edicted just hopes he can benefit off stupid people. There is no natural affection for many of these crypto people and they talk about good community. They aren't a good community they are a community of shitcoiners who hope they can make money off stupid people and they do until the dumb people wake up and they always do which is why you never hear about peercoin anymore. Which is why hive is like 50 cents or whatever and when it was steem it was as high as $11.. bitcoin is higher and holding it's value greater than any shitcoin has been able to do
Most crypto people live off the the results of a few people and their hope runs away with their imagination. i believe i mentioned this before you take one successful story and then make everyone else think it's the norm.. on hive you got a handful of people who can maybe live off the rewards and the bullshit defi products and they are a very small percentile but it's enough to sell the bullshit story to new people but the old people have left and so it can never grow properly but they too dumb to get that part.
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