whats with all these cryptocurrencies
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Thread: whats with all these cryptocurrencies

  1. #1
    What is the reason they have created a lot of cryptocurrencies? How can these currencies get value? For me personally it seems like scam.

  2. #2
    Quote Originally Posted by ;
    what's why they've created a lot of cryptocurrencies? How can these currencies get value? For me personally it feels like scam.
    They're all sc.

  3. #3
    Designed to steal cash. . .no uncertainty.

    Their movement south was called. Governments , central banks and those role players behind the currencies won't tolerate competition.

    In case you can't buy gas or perhaps a hamburger with it , what in the world is the reason for owning crypto?
    That I have no sympathy for those who got sucked in to it who are now licking their wounds.
    Folks are soooo gullible and the rich are simply preying on them!

    G

  4. #4
    There will eventually be law compliance and major headaches for anybody transacting in any coin to currency, coin to coin, etc..

  5. #5
    Quote Originally Posted by ;
    Designed to steal cash from you. . .no uncertainty. Their motion south was called. Governments , central banks and those large role players behind the currencies won't tolerate competition. If you cannot buy gas or even a hamburger with it , what on earth is your main reason for owning crypto? I have no sympathy for those who got sucked into it that are licking their wounds. People are soooo gullible and the wealthy are just preying on these! G
    Would you buy a hamburger for alternatives on VIX or for weather stocks that are traded on CME?

  6. #6
    Forex, in straightforward sense identifies the foreign currency exchange; regardless of truth, traders are turning one currency into another to make money from translation. But now a day in forex market, various virtual currencies are developed which are nothing but some programmed coins and traded only via online network. I don't fully agree that all currencies are sc but traders should know before selecting any digital currencies.

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