if you go to stocks market and see the names of each stock like XYZ, ABC,... and buy them randomly without knowing what company they belong to, what their potentials are, whether they are scams or not (like going to penny stocks market), .... and then lose money does that make Stocks Market a big online casino?
of course stocks market is a bad example for the whole altcoin market because at least when you have Shares on that market you must be a legit company with assets but in altcoin market you can create a shitcoin with click of a button. but at least the example is good for bitcoin.
Topic: Crypto market=online casino - page 2. (Read 262 times)
Do you think the global cryptocurrency market is just like one giant worldwide online casino?
I have that feeling,when I trade on some crypto exchange platform.It`s like you are just "betting" on altcoin,token or BTC and hopping for the price to skyrocket.There`s no real investing involved,your money won`t create new jobs and lower the unemployment rate.The money goes from one trader to another.It`s a zero sum game.This is not a "win-win" situation.The sad thing is that Wall Street is the same type of "casino".
This makes the think that cryptocurrencies won`t change the world.
Nothing can change the "casino capitalism".
I have that feeling,when I trade on some crypto exchange platform.It`s like you are just "betting" on altcoin,token or BTC and hopping for the price to skyrocket.There`s no real investing involved,your money won`t create new jobs and lower the unemployment rate.The money goes from one trader to another.It`s a zero sum game.This is not a "win-win" situation.The sad thing is that Wall Street is the same type of "casino".
This makes the think that cryptocurrencies won`t change the world.
Nothing can change the "casino capitalism".
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