2861

I don’t think (some) of the coins themselves are scams. But I do think the vast majority of the exchanges are.

2862

I guess I don’t understand your point. Was GME a scam?

2863

What is the difference between bitcoin and dogecoin

2864

Dogecoin is created, big name promotes it, it goes up because of that person and quickly fails. BTC an Ethereum are established, they aren’t relying on Elon or anyone else keeping them going.

2865

Dogecoin was created in 2013. It was actually pretty early. (edit: two years before Ethereum)

2866

But what is the actual technical difference…

2867

Dogecoin had been around for 7 years before Elon started manipulating the market with it - they even sponsored a lesser NASCAR car! It’s no more or less of a scam than Bitcoin.

Elon Musk should definitely be in trouble for all the market manipulation he’s been doing but that’s a whole other topic.

2868

My point is that your point makes no sense.

2869

The point is that Elon manipulated it. So yeah, guess its not a scam after all. It’s just market manipulation. Thats ok the world of finance, so all good.

2870

Of course it doesn’t. It makes perfect sense, but I am not playing that game with you again.

2871

Sure, you could argue that Napster wasn’t entirely about piracy, too, even though it was designed from the ground up to enable easy music piracy.

2872

LOL WUT?

Your point was a false premise, as has been pointed out by many people.

2873

You have already decided its a scam and are operating as that to being a fact. Which it isn’t, so its pointless to argue you about it.

2874

Yes, this is what I’m saying. Your objection is to calling them (the ‘big coins’, whatever that means) scams at all, not really to saying that investors don’t know what they are doing.

2875

As long as it’s unregulated, you’re going to get scammers dusting off every single old scam they can. Even if it wasn’t designed with scams in mind, the end result isn’t much different than had it been purpose-built with that in mind.

2876

You thought some coins were scams too. This is kinda like arguing about how many gods there are.

2877

But the stock market is full of scams as well.

I said I was wrong, it was manipulation,

2878

Wow, has this mind reading ability helped you in any other ways?

2879

Yes, and?

2880

It taught me not to get in R&P arguments because it is pointless, but I guess I don’t learn.