News about Investment

by COINS NEWS - 1 year ago

Algorand is a terrible investment

Algorand foundation gambled off ecosystem funds in a degenerate way just to earn extra money. See Hodlnaut. ALGO had one of the highest inflation rates of any well known coin. Nearly 96% annually from 2021 to 2022, meaning in one year the coin lost...

More / Bitcoin Reddit - 1 year ago

The story of trust in crypto investment :D

Many people say Bitcoin investment is high risk seeing Bitcoin drop 70-80%. Did you know Amazon stock has been reduced by 60-90% many times Microsoft stock has repeatedly reduced 60-70% Apple stock has repeatedly dropped 60-82% Most of them say that...

More / Bitcoin Reddit - 1 year ago

BTC is dead, a comedy piece by European Central bank: "neither suitable as a payment system nor as a form of investment, it should be treated as neither in regulatory terms and thus should not be legitimised." "Bitcoin system is an unprecedented polluter.

It’s also worth noting that the Bitcoin system is an unprecedented polluter. First, it consumes energy on the scale of entire economies. Bitcoin mining is estimated to consume electricity per year comparable to Austria. Second, it produces mountains...