Ethereum: A number of hard forks turn out to be scams

Re:Ethereum: A number of hard forks turn out to be scams by walrus01 on Thursday January 10, 2019 @04:35PM (#18878440)

I'm old enough to have been watching financial markets for about twenty years now, and in my opinion a great percentage of the "cryptocurrency entrepreneurs" running cryptocurrency scams aren't really doing anything novel.

They just have new shiny tech bullshit to baffle people with. Twenty years ago they would be running pump-and-dump penny stock scams with Canadian small-cap mining stocks.

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Re:Ethereum: A number of hard forks turn out to be scams by jonathankoren on Thursday January 10, 2019 @05:37PM (#18879056)

Perhaps, but then the real innovation isn’t in the bits, but rather in marketing to the “The apocalypse is nigh!” crowd, and other right wing conspiracy theory aficionados, that were previously dominated by the gold coin and dehydrated food grifters.

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Re:Ethereum: A number of hard forks turn out to be scams by walrus01 on Thursday January 10, 2019 @06:14PM (#18879427)

Yeah, it is probably a lot easier to get right-wing conspiracy theory enthusiasts to "invest" in something if you can convince them it's an ideological soulmate to their libertarian utopia, than it is to get them to open brokerage accounts and start buying stocks.

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Re:Ethereum: A number of hard forks turn out to be scams by mr_isomies on Thursday January 10, 2019 @05:32PM (#18878997)

And subsequently loosing everyone's investment when the mine's head engineer gets thrown out of an helicopter

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