Ethereum is posted i see today as the big new story at
Coindesk !
and i made a comment on it but it's of course awaiting moderation so i bet they will delete it.
Bottom line it's a dumb idea and it's an
IPO and
IPO's in crypto are ALL scams.
My advice to people is to avoid shit like this and notice who is jamming it down your throat too !
i came here today and out of nowhere page one is bloated with
Ethereum topics.
i am going to copy what i posted at
Coindesk to explain the reasoning behind why i think IPO's are scammy.
Note:
I just checked and
Coindesk let me post my comment and replied "LOL"
i LOL'd too hhaha
ok so with out further ado, here is your new opinion everyone (
the correct one) ..your welcome
reference =
http://www.coindesk.com/ethereum-launches-ether-coin-millions-already-sold/
Belief in it doesn't matter, you arguing with a bag holder.
So XYZ scam is great.. no what (to them)
It could be Kick-A-Puppy Coin and these same guys will come here and babble on their usual dumb bs..
They have to..
Or else their IPO scam is going to make them broke.
Further more it's clear staff here pushed this through because their bag holders too.. guaranteed.
It's all rather transparent and obvious to people with a brain hat is going on and there is need to give my interpretation of it etc.
I doubt even 1% of the people coming here need to be convinced for or against this crap..
What we do in fact having going on in a tug of war for media perception as to whether this scheme (or others) is convincing enough to lure in enough of the usual guys.
Because nobody !
and i mean NOOOOOBOOOOOOODY
cares about chow scammy or stupid some stunt scheme is.
ALL they care about is can they get in on it and make some money on it before it crash into the dirt.
I am not the only one who sees a red flag with anything that has an IPO or "Angel Investing" or "Crowd Funding" etc
They are ALL scammy pyramid schemes.. designed for no other purpose than to get Bitcoin to cash out to fiat.
AND..
Even if a few of these IPO scams are honest and legit it still does not change the important point that IPO's and similar were before and still are just a porting of a concept from a REGULATED market to a FREE market.
You see an IPO in the NYSE is regulated and protects all parties involved with massive amounts of rules and oversight.
In our Crypto scene it's a gimmick and a tool to part you with your Bitcoin.. legally !
No one in crypto shoudl get involved in crap like this until we have our own Crypto-version of Berni Madoff serving time for a ponzi scheme or we have our own version of Martha Stewart serving time for Insider trading until then..
It simply is NOT fair and safe or possibly even legal what these guys are doing and if regulation is looming and imposed with out warning you people out there supporting crap like this could wound up waking up tomorrow with charges laid against you.
Be careful investing in crap copied from a REGULATED market with laws.. we are in a free market where Ponzi schemes, Insider Trading and outright fraud etc.. is legal.
Use your brains and keep the greed in check guys lol
Or don't and suffer the consequences and roll out the cliche's Crypto-Excuses i hear ever day lol
and.. and..
This comment is (of course) awaiting moderation LOL
