If there is any hope in the cryptocurrency market this is Bitcoin Cash. There is nothing else that is not a scam, a failure or cloned. Bitcoin until 2013 perhaps 2014 had top developers that not only had years of experience, they also had understanding of economics and politics. It was rare to have so many great personalities gathered together and following Satoshi in the early steps of Bitcoin.
It is either the whole world went into a mode of retardation since 2015 and what we are left with as Bitcoin devs are Luke Jr and Gregory Maxwell pulling the strings, or just everyone that is left since 2015 is just a scammer.
The whole cryptocurrency market is a huge scam and it is obvious to a 5-year old. Nobody needs fucking Cardano or IOTA or the rest bullshit. We have the scam devs making money and milking the cow and the idiotic investors that think they are so clever they won't buy the top.
Such a market is a disgrace and obviously the banks and Wall Street are having a party and are waiting for the final idiots to join the party and dump on their stupid face.
This is the market. Ridiculous coins, with ridiculous people behind them. Hiding their faces behind cartoon depictions of them, to make them look less stupid (see Jameson Lopp) or laser eyes to cover their scam face.
We have Paolo Ardoino, the mafia boss having a huge scam Tether used to sustain the price of Buttcoin and created the biggest bubble ever.
We have Andreas Antonopoulos. Changed mind about how Bitcoin works depending on how the wind blows. Just gets the paychecks and all is good. If you think Andreas Antonopoulos is not a scammer, get ready for massive scamming in your life.
What else is there. Some Chinese exchanges and the bosses with Chinese mafia connections. Some american exchanges with devs that couldn't find why MtGox was hacked.
We have Arthur Hayes, I don't know if he is in jail already. It feels that so many good guys are out there profiting from crypto market. All honest and hard working folks. Am I right? You would certainly trust them and feel great be on their side.
And do you think it ends there at the top? These guys hire assassins to do their job. They hire the worst of the worst that will do real damage to anyone going against them.
This is Chicago, the Far West and the rules of the Jungle all together. Since crypto is decentralized they made everything as they saw fit.
It is a dystopia run by scammers. And Bitcoin Cash used to have many of them, but luckily they were removed and send on their own way. Faketoshi was one of them Calvin Ayre too. I mean seriously, I feel same kind of trust and honesty inspiring from both of them, as when I read a new CZ tweet. It is all such sincere and candid. You know what happened when these guys left Bitcoin Cash? Good people started joining.
Everyone is so genuine and these guys represent what exactly? The theft of generational wealth. What will it be in a while is these folks sitting on their millions and you the moron investor having lost everything.
You invest in scams, this is why. The way I see things there should be introduced a scam ranking next to each cryptocurrency on the websites that list them.
Which one is not vapor? Which one is not full of shit and lies and which one doesn't have hundreds of scammers doing anything to promote them.
Bitcoin is something that nobody seem to understand what targets it has. There is a whole cycle of businesses and exchanges like Gemini, Kraken, Coinbase that are now filthy rich by doing nothing. They don't even have security, Kraken had like one person for years. They lose private data of their customers. They are the worst of the worst. People that were rejected and fired from businesses because of their inadequacy and they poor ethics.
It is just scammers that got lucky while prices were rising and inside all this scam festival, there is Bitcoin Cash that is a shining light from inside a huge pile of shit.
Take all crypto one by one.
Bitcoin: completely useless, gold wanabee, shills and pointless arguments. This is it, there is nothing else in the Bitcoin that is left to hold this name.
Ethereum: Where to begin with this. Four or five greedy devs united in a cottage and had some weird interactions, before deciding how to scam everyone and create a premined cryptocurrency. Oh, wait. You weren't told that, right? You are in crypto for years, or maybe you are in crypto for just a few months.
But nobody ever told you that Ethereum was premined! And you may wonder now how and why and probably that I am making things up.
The Ethereum genesis block had 70 million ETH premined and 12 of them went right into the devs pockets. Created out of thin air, no proof of work just a line in the code. Probably the biggest scam of all is Ethereum.
You don't believe me, or you don't get it, I got no time for you:
https://etherscan.io/tx/0x9c81f44c29ff0226f835cd0a8a2f2a7eca6db52a711f8211b566fd15d3e0e8d4
Binance Coin: You guys are following Changpeng Zhao when he is preaching bullshit and has no fucking clue what a blockchain is. A guy that thinks we are all here for the money and to increase our useless fiat deposits. Yeah dude this is the revolution we were waiting.
We talk about financial freedom and CZ thinks it means to have so much fiat to buy all the Chinese prostitutes at Nanjing Lu. A guy that doesn't get what financial freedom means. A guy that asked Jihan Wu to 51% attack Bitcoin with other miners and perform a chain reorg.
And you follow and invest in the scams BNB and BSC that are most centralized than Ripple.
Dogecoin is next, 4th in market capitulitation right now. I don't have a lot to say about Doge. A facepalm will suffice.
Tether is fifth. Scam willy bot from MtGox. Karpeles would be saved if he owned Tether instead of the silly bots McCaleb left running.
XRP. Don't make me laugh. What is the scam you will ask, Ripple is great and the FED... ooooh the FED is the devil! Yeah, right. Ripple had a plan. The plan was to hodl when prices were shit low and they couldn't even buy hookers for Chris Larsen. These are high class scammers though. They are the type you should fear most. The banking type. Anyway, they were selling their shitcoin pocketing cash (fiat dollars) and creating some strange profitability results for Ripple, to be used for the Ripple IPO. This would have been the main event for Ripple. The cash grab of Wall Street money. Up till now they were cashing out and selling premined Ripple coins in Bitstamp and Coinbase. The IPO would have been their retirement.
Cardano, Polkadot, Chainlink, Uniswap. I'd rather invest in hotdogs and beer for the rest of my life than spend a dollar in those.
Litecoin. You need proof that Litecoin was just a scam from the start?
And this is the top ten. Or eleven. Bitcoin Cash as I said is a shinning beacon of hope inside a pool full of shit. Sadly I feel that it won't be saved when the shit gets real. I will support and keep helping how much I can, but I don't want to smell the shit of the rest near me.
You might be wondering about the title. You probably never heard of the Railway Mania before. What do we say to beginner investors in cryptocurrency to avoid explaining further? DYOR.