View Single Post
Old 08-01-2017, 07:41 PM  
jscott
So Fucking Banned
 
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
Quote:
Originally Posted by Bladewire View Post
The developers & exchanges control BTC, as the OP's article states, they are at the top of the pyramid, traders are lower, end users at the bottom of the pyramid. It's very simple. What do you not understand?
If i withdraw my BTC to paper and trade them for cash at local crypto meetups, who controls my BTC then? Which developer and which exchange? peer-to-peer usage is a great benefit of crypto.

Also, you mean the OP post about "Karen, the largest Bitcoin exchange", that information is all kinds of correct

Quote:
Originally Posted by Bladewire View Post
Those mining machines, what a scam, constantly having to upgrade, sometimes before you receive the order of the "new" equipment it's already out of date and it has to be pawned off to someone newer to the game who doesn't know any better.
If you cannot compete in mining, or cannot profit from it, then STAY OUT! Same as if you cannot profit from trading any crypto right now, if you cannot read the graphs and use common sense to create profit then you need to go back to basic economics class in high school, come back once re-graduated.


It's nearly impossible to have a discussion with those of you who don't understand. I respect an opinion, but based off bad info I just cannot. Especially while spreading the bad info.
jscott is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote