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RE: Poop Coin analysis Two: ICONOMI Coin (ICN) A trusty coin.

in #altcoin6 years ago

First of all, my answer is not against you or your views @dreamants. I appreciate your effort and wish you all the best.

What's going on with whole cryptocurrency industry is a sure way for death.
The reason why cryptocurrency is made had more noble cause, but what it turned out to be is total Ponzi scheme.
Basically it's a system where earlier investors get payed using funds obtained from newer investors. And whole system depends on getting new investors who will give more money for something without any value and hopes there will be another one who will buy from him for even more money.
The whole system now is created in the way that someone has to lose money so someone else can earn. Earlier idea of using it as "money" or simply said paying for goods without banks taking the cut is almost completely gone.

Plus we got thousands worthless coins that are trying to convince someone that they will be the new Bitcoin but in reality they are bring absolutely nothing in value and credibility. They are just made by very greedy people hoping to earn millions on nothing.

If we keep going this road, the future for most cryptocurrency investors is not good at all

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