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Archive 5 | Archive 6 | Archive 7 | Archive 8 |
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Bettors can try to touch their winnings at any time, by reselling their cryptos. If they keep their cryptos, it amounts to keeping lottery tickets for the following draws. Earnings depend on the existence of new buyers who must pay the earnings of previous buyers. If no buyer shows up, the price of a crypto drops to zero and the win is zero, the bet is lost. The holders of cryptos are therefore bettors who play a lottery whose winnings are paid by the continual arrival of new bettors, who agree to pay the winnings of previous bettors, who withdraw from the game. It is a question of betting on the existence of new bettors to pay the winnings of old bettors who want to withdraw. If there are no more new bettors, there are no more winnings and all the old bettors have lost everything. If people stop buying cryptos, their price will drop to zero. Hundreds of billions of dollars in bitcoins will disappear at the same time. How is it possible ? How can hundreds of billions of dollars disappear with the snap of a finger? Where will the hundreds of billions of dollars in bitcoins invested by savers go? They will have been used to pay the energy bill, the construction of the factories, the computers that produced the bitcoins, and all the winners who withdrew from the game in time, reselling their bitcoins with a profit. The money earned by the winners so far has already been banked. They are no longer in danger of losing it. It was paid for by today's bitcoin holders. Such a point of view is neutral, isn't it? TD ( talk) 23:11, 6 May 2023 (UTC)
Am I guilty for telling the truth and proving it? TD ( talk) 20:50, 11 May 2023 (UTC) |
Don't use the talk page for general discussion. See WP:NOTAFORUM for more information. |
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The following discussion has been closed. Please do not modify it. |
I told Wikipedians I want help to teach science about cryptos. Is it against the rules to ask for such help ? TD ( talk) 13:14, 28 May 2023 (UTC)
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The introduction doesn't mention a single negative or dubious aspect about cryptocurrencies (abundance of fraud, lack of regulation, criticism by experts, suicides after value loss). Is it ok if I add one or two of these aspects to the body of the first section? Themidget17 ( talk) 19:33, 3 June 2023 (UTC)
Coinmarketcap recently updated the link to the Tornado Cash website. Is it possible to do this on the project's Wikipedia page? Vladlen Terezhe ( talk) 08:37, 19 June 2023 (UTC)
This is an archive of past discussions. Do not edit the contents of this page. If you wish to start a new discussion or revive an old one, please do so on the current talk page. |
Archive 5 | Archive 6 | Archive 7 | Archive 8 |
Don't use the talk page for general discussion. See WP:NOTAFORUM for more information. |
---|
The following discussion has been closed. Please do not modify it. |
Bettors can try to touch their winnings at any time, by reselling their cryptos. If they keep their cryptos, it amounts to keeping lottery tickets for the following draws. Earnings depend on the existence of new buyers who must pay the earnings of previous buyers. If no buyer shows up, the price of a crypto drops to zero and the win is zero, the bet is lost. The holders of cryptos are therefore bettors who play a lottery whose winnings are paid by the continual arrival of new bettors, who agree to pay the winnings of previous bettors, who withdraw from the game. It is a question of betting on the existence of new bettors to pay the winnings of old bettors who want to withdraw. If there are no more new bettors, there are no more winnings and all the old bettors have lost everything. If people stop buying cryptos, their price will drop to zero. Hundreds of billions of dollars in bitcoins will disappear at the same time. How is it possible ? How can hundreds of billions of dollars disappear with the snap of a finger? Where will the hundreds of billions of dollars in bitcoins invested by savers go? They will have been used to pay the energy bill, the construction of the factories, the computers that produced the bitcoins, and all the winners who withdrew from the game in time, reselling their bitcoins with a profit. The money earned by the winners so far has already been banked. They are no longer in danger of losing it. It was paid for by today's bitcoin holders. Such a point of view is neutral, isn't it? TD ( talk) 23:11, 6 May 2023 (UTC)
Am I guilty for telling the truth and proving it? TD ( talk) 20:50, 11 May 2023 (UTC) |
Don't use the talk page for general discussion. See WP:NOTAFORUM for more information. |
---|
The following discussion has been closed. Please do not modify it. |
I told Wikipedians I want help to teach science about cryptos. Is it against the rules to ask for such help ? TD ( talk) 13:14, 28 May 2023 (UTC)
|
The introduction doesn't mention a single negative or dubious aspect about cryptocurrencies (abundance of fraud, lack of regulation, criticism by experts, suicides after value loss). Is it ok if I add one or two of these aspects to the body of the first section? Themidget17 ( talk) 19:33, 3 June 2023 (UTC)
Coinmarketcap recently updated the link to the Tornado Cash website. Is it possible to do this on the project's Wikipedia page? Vladlen Terezhe ( talk) 08:37, 19 June 2023 (UTC)