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I guess we're at peak sucker. Just don't. You're liable to lose all your money. If you really like gambling, go to a casino: the odds are stacked against you,
by itamarst 9y ago
I guess we're at peak sucker. Just don't. You're liable to lose all your money.
If you really like gambling, go to a casino: the odds are stacked against you, but at least it's government regulated.
- shp0ngle 9y agoI am under the impression that altcoins themselves actually aren't that popular at the moment. The days of KanyeWestCoin are probably gone. What is more popular is ERC20 crowdsale tokens, which are even less useful. And now the "forkcoins" - Bitcoin Cash, Bitcoin 2x. We will see what is next.
- jfoster 9y agoReally? I prefer not to gamble, but given a choice between (a) & (b), I would choose (b) every time. a. Odds against you, govt regulated. b. Uncertain odds (dependent on choices made, changing over time, etc.), unregulated. Under (a), you're guaranteed to lose eventually. Under (b), you could potentially become good at reading sentiment around the newest types of coins. It's certainly still gambling, though.
- SamReidHughes 9y agoYou don't have to keep your wealth in fiat currency -- sensible people invest it.
- flashman 9y agoCompared to casinos, altcoin gambling is higher risk but also higher reward. If you'd put $50 into each new coin released since 2011, you'd have a lot of worthless coins... but your Ethereum would be worth nearly $12k. Litecoin and OMG alone would add another $1k.