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> It was clear as a bell to 22yr old me For sure! Pumping and dumping overvalued equity to bigger fools together with his cousin.
by GDC7 5y ago
> It was clear as a bell to 22yr old me
For sure! Pumping and dumping overvalued equity to bigger fools together with his cousin.
- okareaman 5y agoI hope this isn't an indication of how easy it is to manipulate young people
- drsnow 5y agoPeople are legitimately making a living trading crypto, you know. It's actually putting food on people's tables. It's a tradable asset like any other, and its value is dictated by supply and demand, like any other. How is someone a fool for profiting from trading it?
- okareaman 5y agoI see nothing wrong with that. Bookies have been making a living for a long time trading numbers on slips of paper. Gamblers in Las Vegas make a living in the games. The stock market has been described as a casino. The skepticism I feel is about the web3 meme and the additional meme that it must be good because old people don't understand it. Web3 is a basket of experimental technologies that may or may not bear fruit, but don't tell me it's so new that skeptics are people who are incapable of understanding it. I'm looking for more detail and I get a lot of hand waving. But I'm open to it.