I never bought any cryptocurrency and as a nonbiased financial expert I would recommend ANYBODY who owns any kind of cryptocurrency to SELL immediately.
If you would say "and as a nonbiased financial expert I would recommend ANYBODY who owns any kind of cryptocurrency to SELL immediately and buy KARBO"
this would be understandable
But otherwise it looks like a joke.
This is wrong forum to promote abandoning cryprocurrencies))
As a nonbiased financial expert, what do you do apart from reading mainstream media and about tulip mania?
So you have Karbo, you mined it with your computer, you are happy to make few bucks, stay here, write more posts and you'll be able to promote "Selling cryptocurrency" idea some more years))
Hello my friend of the raspberry pie
I know that you are very keen of getting rich as anybody else here but I would kindly ask you to check your way of thinking.
If I would say "and as a nonbiased financial expert I would recommend ANYBODY who owns any kind of cryptocurrency to SELL immediately and buy KARBO" this would be only understandable to someone who has a big stake in KARBO and in no other cryptocurrency but even then the statement would be wrong because I would NOT be a nonbiased financial expert but a KARBO-biased financial expert in this case. Issnt it?
So - my statement is right but i have to admit that any Karboholder - myself included - is not happy with this statement. But nevertheless I have to think it if I mentally take the stance of a nonbiased observer.
Nothing against Karbo and Bitcoin, but a bubble is a bubble is a bubble.
And there is simply no other reason to buy Bitcoin and Co. except to use this units as a vehicle of speculation. Or is there any other use? Karbo is no legal tender. And how it is legal to "pay" with Karbo even I only can guess. Is it a simple swap of goods? Karbo is an asset and no currency. Its an asset valued in different national kinds of legal tender. But it will never be an established currency. The amount of payment units is not manageable. Thats the problem.
Its fascinating to mine and trade Karbo and other cryptocurrency as it was once fascinating to collect and trade post stamps. Because you could get rich with it. There was a boom also with post stamps in former times. And today? You still can collect and trade post stamps but a new observer of this hobby only will state "great, I will do it, too." or "why are you collecting and trading these pieces of paper? You cannot send any letter with it anymore." They will be collected and traded because some people do it but there is no real use for it anymore. And the same could be due with cryptocurrencies. There is no use as a currency. Not yet. But there is a market. But the boom could be already over.
And if you step back a little bit there are only some not doublespendable units you can trade very fast and always. But you are trading only some units with no use than the trading itself. I also do not collect post stamps. I do not collect some printed pieces of paper with no other use than speculating with it. The good or service I am willing to pay for should have a practical use. Anything else is just pure speculation. And history shows that any speculation will end in a nightmare for late investors and even for early investors if they missed the exit.
And why buying Karbo if you would simultanously recommend to sell any other cryptocurrency? That does not make any sense.
Or could you name any unique advantage of Karbo which any other cryptocurrency can NOT provide?
Only if you hold Karbo and want to get a high price (of legal tender) for it. And why? Because you cannot do much with Karbo. In the end you want to have US-Dollar or Euro or Ruble or Hrywnja or whatever. And why? Because you can buy almost everything with it. And with Karbo only very very limited. Not worth to talk about.
Karbo will be only a part of the evolution of cryptocurrencies and I would not eliminate the possebility that it could also become extinct or almost worthless. You should take it into account.
Karbo is a small and fine asset with a responsible and fast reacting leading developer.
I personally do not see much difference between Karbo and Bitcoin. Karbo is much more cheaper than Bitcoin - thats an advantage. Its biggest advantage is its limitation, its price transparency (24/7 trading - you always know what your asset is worth and you even can sell or buy at weekend) but why I should buy Karbo if I also could buy the car with Hrywnja? Maybe because you do not have to pay taxes for a Karbo-deal? But if this should be the case an official ban is only a question of time and with a ban the price of your Karbos (or any other cryptocurrency if you want - so I do not want to bash Karbo - Karbo only is the representative of any other cryptocurrency) could be soon be worthless, issnt it?
At least any cryptocurrency is an option for future developements in cryptocurrency sector. And the good or bad developement will judge over its value.
I am still a fan of cryptocurrencies but I am also sceptical. Its weird, issnt it?
