STOP buying Bitcoin IMMEDIATELY!!!

in cryptocurrency •  7 years ago 

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Great video, I have already followed in this platform, I am carrying on visiting your profile to learn more from you. Thanks for sharing the information.

Bitcoin will continue to be the backbone of the blockchain technology, trades are values most commonly on their bitcoin value, which means that bitcoin is setting the standard price on all 1300+ alt coins on the market. I wouldn't suggest buying bitcoin & holding (maybe just one) rather buy bitcoin & trade between alt currencies on a platform like binance.

Whats so great about this Binance?

great post mate!

Mining is a scam, bitcoin does not officially say that 90% of folks trying to mine bitcoin in fact resort to stealing electricity - be it kids in their parents basements or large corporations like GAW. So the other 10% that buy over-priced hardware, pay for electricity, will never be able to even pay off their hardware - So this means bitcoin is also a scam. ALL coins with 'Mining' are a scam, includes Ethereum. If you buy them, then it means you support the theft of electricity and officially make yourself an enemy of the 10% who lost millions. DON'T BUY BITCOIN! DON'T BUY MINE-ABLE COINS!

Nems nodes only need a few wats to use and are great for the environment.

But that is interesting thought. I'm going to delve further into this idea. I tried one of the mobile mining apps but it just uses up to much battery power for a small return