Bitcoin Embassy Launches In Poland's Capital Warsaw

I do know that Velund invested a load of his salary from the troll farm into Bitcoin back in March.

No doubt he wioo tell us that it's now been invested in something even better - Byetcoin or some other local Russian turd on a stick

Blyatcoin? ;)

Still dreadful at the moment. It looks like a boom and bust thing, currently bust.

Perhaps they should rename it shıtcoin.

Crypto currencies are a bad idea. Most of them are close to pyramid scams hyped up by questionable marketing techniques akin to boiler rooms and not backed up by anything.

@jon357
Most currencies today are based on trust of the government. No matter how useless or useful the currency is, the second it is deemed not to be trusted. (Exchanging it, then not gaining expected results. Due to rapid changes of prices. Different form currency starts to be used).

As long as mistrust towards digital currencies (crypto) are in place, lack of knowledge and understanding. It will remain mostly in the hands of very few people exploiting it's enormous benefits.

It's here to stay, and people acting like wooden wheel cart makers when they see metal wheel based trains come in use is senseless.

The moment I get my salary I am going to buy as many cheap crypto as possible, hopefully it will continue to sink even further next month so I can invest even more with my next salary.

It's like a super sale right now due to people panicking :D

Basically on their ability to pay debts.


Scammers, basically, who market their non-existent tokens often by Lyra I'd schemes and often by relentlessly spammy adverts.


If you think bitcoin etc (apparently there are 70,000 cryptocurrencies all in a race to the bottom), surely it is better to short it.

Better to buy gold. Long term it always rises.

@jon357
Massive amounts of gold being transported from America to Europe created Spains downfall cause of inflation. Cryptocurrencies aren't able to create inflation unless amount changes by the owner of it. Such owners don't have the need to make more of like governments do. Since they are not bound by electoral promises or need to please their voters/supporters.

Owners of crypto currencies prefer to increase currencies long term and make it more popular. Their goal isn't scamming (there are short minded scammers who use crypto currencies for it, not understanding. The value of it and are looking for a quick earning immorally. This is also with regard to selling products or using standard currency. I don't find it surprising)

Are you talking about hundreds of years ago?

It still always rises long term.


A huge number are scammers.


Nor are people who put their savings in gold. Gold is something you can actually touch. It is real. It does not depend on made up things called blockchains, nor does it require anyone to trust someone who's name they don't know and who could be anywhere in the world