the fair value of shitcoins is zero. null.
why would you advise bitcoiners to invest in scamcoins?
why would you advise bitcoiners to invest in scamcoins?
Although I appreciate the value of tribalism in a competitive environment, that is a very stupid comment if I may say so.
Bitcoin would be nowhere without "sh*coins" because they are the buttressing by which it survives. That "buttressing" provides hedging support, diversification, optimal access for new market participants and generally all round builds an industry in which bitcoin can consolidate roots.
Not least, alts are also a far more effective way of accumulating bitcoin than just buying bitcoin because at any given moment there's always one or more of them outperforming it for gain.
So all in all I wouldn't p*ss on the potato patch that you're growing in if I were you. (I also make the same case in reverse to sh*coin maximalists by the way - for the same reasons).
what is stupid by ALL means are shitcoins. you got it the wrong way around. bitcoin would be in much better shape by all metrics if there were no shitcoins. they provide no utility, they are scamming people, they keep good devs busy because every week there is a new shitcoin that needs to be implemented, they get marketed as "the better, faster, newer" bitcoin. the scamcoin sellers spill out nothing but hate towards bitcoin and its community. shitcoins need to be fought against in every legal way.
and yeah, some use speculating shitcoins to gain more btc. if i want to do that i just go into a casino because the level of scamming is lower there.
And then there are some genuinely unique solutions. Not going to shill in the WO thread, but you're missing the bigger picture.
You are essentially suggesting that Amazon & co are worthless shit companies because they are just another shitty money grabbing website during the dot com bubble. The internet would be better off without more websites.
Heck, it's not even just that either. You are also simultaneously suggesting that stocks are useless because the USD would be much better off without them.
If you fail to see the potential value of tokens then you clearly don't know much about traditional markets. Or you got burnt so hard that you're demonizing the entire space now. Or you've literally only seen Beeeeconnneeeeeeeeeeeect etc. Not sure what causes your extremist views but they are not inline with reality.
And your last assertion is strictly false as well. Every single casino is modeled in a way that increases the probability of depleting your money the more games you play. Even with the outright scammy shitcoins you can however outplay the market if you are willing to invest the time and have the skill, something that you won't be able to in a casino by design.