LogFAQs > #950379479

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Topic	Stock Topic 20
Colegreen_c12 02/07/21 1:34:13 PM #257:	GameStonk posted... Is this in reference to DOGE or are there really still people who think crypto is some kind of scam? Crypto isn't neccessarily a scam but it basically is a ponzi scheme lol. You are buying with the assumption that someone will buy it from you for more later. It has no intrinsic value that is increasing that makes you able to say that it isn't a ponzi scheme. But really I feel like you either rename this Investment Topic or keep it Stock Topic. --- DPOblivion beat us all. <cite>Colegreen_c12 posted [p:950379479] in Stock Topi... [t:79277198]...</cite> <quote>GameStonk posted... </cite> <quote>Is this in reference to DOGE or are there really still people who think crypto is some kind of scam?</quote> Crypto isn't neccessarily a scam but it basically is a ponzi scheme lol. You are buying with the assumption that someone will buy it from you for more later. It has no intrinsic value that is increasing that makes you able to say that it isn't a ponzi scheme. But really I feel like you either rename this Investment Topic or keep it Stock Topic. --- DPOblivion beat us all.</quote> ... Copied to Clipboard!
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