News for hackers. Stuff that matters.

A comment on Insider Trading in Cryptocurrency Markets. Parent comment

Re:Insider Trading in Cryptocurrency Markets by pdntspa on Wednesday August 17, 2022 @03:39PM (#32500774)
Dude, have you read about some of the early fuckery around stock markets circa 1800's or so? I forget who but one of the great American business barons fought off a hostile takeover by cajoling his share certificate printer to print more shares.

I don't think very highly of crypto but if the stocks can shrug that off, so it can too.

[ Parent | on HN ]
Re:Insider Trading in Cryptocurrency Markets by stjohnswarts on Wednesday August 17, 2022 @04:24PM (#32501263)
stocks have some inherent value as a holder of value, crypto currentcies don't and don't have any utility beyond making the ponzi schemers at the top a bunch of money whereas companies actually make stuff that people use.
[ Parent | on HN ]
Re:Insider Trading in Cryptocurrency Markets by xtracto on Wednesday August 17, 2022 @05:19PM (#32501870)
At least some of them...

There´s a reason why in the 90s there was huge SPAM on pumping penny-stocks. Right now, there are a bunch of crypto-currencies that do hold some inherent value (ETH, Golem, FileCoin, STORJ, Augur, Polygon, Polkadot, are some of them), and I am sure with time, more will appear.

[ Parent | on HN ]
Re:Insider Trading in Cryptocurrency Markets by schredder on Wednesday August 17, 2022 @06:46PM (#32502738)
What is inherently valuable about any one of those examples?
[ Parent | on HN ]