Viewing a response to: @dana-edwards/are-bitcoiners-using-their-free-fork-money-to-pour-into-bitconnect
Yes, they can do this, but that is making quite a few assumptions. Assuming BTC keeps a steady rise(very dangerous as BTC is volatile), same problem with the example of the housing market in 08. It is also assuming Bitconnect will keep at a steady 1% daily(avg) return.(also very risky). The assumption that Bitconnect will keep going as well(last risky part too).
post_id | 17,047,137 |
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author | bryner |
permlink | re-dana-edwards-are-bitcoiners-using-their-free-fork-money-to-pour-into-bitconnect-20171107t021031404z |
category | bitcoin |
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root_title | "Are Bitcoiners using their "free fork money" to pour into Bitconnect?" |
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Yeah but if you got the money risk free will you not be willing to take a lot more risk to increase it?
post_id | 17,047,312 |
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author | dana-edwards |
permlink | re-bryner-re-dana-edwards-are-bitcoiners-using-their-free-fork-money-to-pour-into-bitconnect-20171107t021427811z |
category | bitcoin |
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root_title | "Are Bitcoiners using their "free fork money" to pour into Bitconnect?" |
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bryner | 0 | 116,581,463,120 | 49% |
Didn't they still need to put up the original BTC for the other "risk free" fork crypto? The original BTC is not "risk free".
post_id | 17,048,289 |
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author | bryner |
permlink | re-dana-edwards-re-bryner-re-dana-edwards-are-bitcoiners-using-their-free-fork-money-to-pour-into-bitconnect-20171107t023440880z |
category | bitcoin |
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root_title | "Are Bitcoiners using their "free fork money" to pour into Bitconnect?" |
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If only risk free money was involved. I'd be ok. It would be all like a lottery gamble.
post_id | 17,131,040 |
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author | cryptonfused |
permlink | re-dana-edwards-re-bryner-re-dana-edwards-are-bitcoiners-using-their-free-fork-money-to-pour-into-bitconnect-20171108t042634657z |
category | bitcoin |
json_metadata | "{"app": "steemit/0.1", "tags": ["bitcoin"]}" |
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