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> Who is providing the USD for ChiaCoin, and why unfortunate souls who are speculating on it since they don't know better. Also a huge % is probably held by a
by vineyardmike 6y ago
> Who is providing the USD for ChiaCoin, and why
unfortunate souls who are speculating on it since they don't know better.
Also a huge % is probably held by a small amount of early adopters who whale that coin up so it seems more valuable and has more perceived trading traffic
- ckastner 6y ago> unfortunate souls who are speculating on it since they don't know better. Yes, but its seems that every day, it's some other coin. At some point, the money has to run out. > Also a huge % is probably held by a small amount of early adopters who whale that coin up so it seems more valuable and has more perceived trading traffic This sounds far more likely.
- ClumsyPilot 6y ago>"At some point, the money has to run out" That only applies to usefull things, like infrastructure and industry. When it comes to speculative s financial assets, oyr capacity to fund them is virtually unlimited
- deleted 6y ago[deleted]
- napier 6y agoI don't think you can buy Chia yet. I hear people are using their spare storage space to farm it. I imaging lots of torrented movies have been sent to the recycle bin recently.