Quote:
Originally Posted by mikemhg
Anyone have thoughts on Cardano? Friend of mine was highly recommending it.
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There's bitcoin and there's ethereum, and there's the shitcoins. Are you into shit? Is your friend?
People's main "issue" with crypto is "what's the value?" Well besides "people are willing to buy it right now". The value of bitcoin is that it can be used as a currency. You can currently go to stores online and off, and buy stuff with it like money. The value of ethereum is that you can use it to mine for bitcoin. I consider it kind of a semi-shitcoin. But there is some value, people are buying it with their bitcoin, so it's something.
Then there's the shitcoins. What's the value of doge? It's literally a joke.
(btw he is selling this screenshot as an NFT)
But right now, people are buying it with the sole purpose of a pump and dump. It's literally all the bad thing normies think Bitcoin is
And don't fall for Elon's pump attempts. He is playing the shitcoin market like a fiddle.