People ask the dumbest questions!

Discussion in 'Other News' started by Chinatown, May 4, 2021.

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  2. buzzarddriver

    buzzarddriver Road Train Member

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    The only one making a "sure fire" profit off of crypto is the one who starts it. Sure, it might be up 700% today, but it could lose 1500% tomorrow if someone finally sees this is a ponzy scheme.
     
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  3. LoSt_AgAiN

    LoSt_AgAiN Heavy Load Member

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    Can’t you just cash out while it’s up 700%?
     
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  4. AModelCat

    AModelCat Road Train Member

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  5. TheLoadOut

    TheLoadOut Road Train Member

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    Explained perfectly...
     
  6. GYPSY65

    GYPSY65 Road Train Member

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    It’s not so much a ponzu scheme but a way to launder money ( depending on the particular coin ) or do business with zero trace as to the buyer or seller

    If you could buy anything illegally and use a currency that’s untraceable then many would
    That’s what many crypto coins offer

    Others allow you to say transfer funds from the USA to Another country in seconds. Not days
     
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