/biz/ - Business & Finance

Why is /biz/ so obsessed with shitcoins when there are so many stocks that are stable and consistently outperform shitcoins?

Here's how crypto "scams" work and how they look on /biz/ and elsewhere:
The peak price of the coin has already been reached by the time anyone starts advertising/shilling. I use scam in quotes because it's more of an annoyance than a theft. Your investment will never gain significantly and will most likely loose value.
I think it comes from greedy people trying to squeeze out the last drops of profit before they sell all. Good for them, not for you.

is making a craptocurrency hard? all of these third world street shitters are creating their own scamcoins. the chainstink founder has a degree in philosophy or some shit. even mentally retarded puerto rican rappers (tekashi snitch9) have their own shitcoin. it can't be that hard? it's basically free money, right?

this a public service announcement. no retail investor has ever became tangibly rich from craptocurrency after the year 2018. you're all wasting your time and money, being scammed by ICO puppetmasters and street shitting pump and dump scam artists.

Shitcoins need their own board. This board is flooded with nothing but shitcoins.

Is the concept of cryptocurrency dead? As far as I can tell, it went boom and bust. It will never be real money that can be used in daily life.

Which shitcoin recently added to the market is worth buying to? My goal is x10 by the end of the year. Range 500-800 bucks. Any ideas? My current portfolio consist of ETH, XTZ and Link.

How does splitting and claiming BSV work?
I just claimed Bitcoin Cash today and moved it to another wallet, thinking I could just import the private key into Electrum SV or whatever, did I dun goofd?

>>15283199
Hedera... you mean the centralized ledger developed by ex-military? The corporate owned ledger that has already had their website hacked? No one is going to buy Hedera's Hbars when they are listed on exchanges. Don't waste your time with Hedera or Hbars for the next couple of years. Just watch the SAFT and Seed investors dump when it opens. Maybe, Hedera can rise from the ashes 3, 4, or even 5 years from now. Smart thing to do is wait.