LAWesome coin cryptocurrency - good investment?

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Neo_Bri
Posts: 1342
Joined: Mar 21, 2018

by Neo_Bri »

Not strictly music business, but let's see where this thread leads.
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harrisonreed
Posts: 6479
Joined: Aug 17, 2018

by harrisonreed »

No, it's not even an investment. Trading or buying any currency is only ever speculation, as currencies, and to a lesser extent commodities, produce nothing. Even gold bars, as valuable as they may seem, produce nothing. You will never get an earnings report or a dividend from a currency.

Could you make a ton of money from speculation on crypto currencies? Sure, but probably not. It's not really any different from hoping to make money selling off your wares to the next sucker in a pyramid scheme, or your tulip bulbs to the next sucker, or comic books.

So no. It is not a good investment or even actually investing at all.
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harrisonreed
Posts: 6479
Joined: Aug 17, 2018

by harrisonreed »

Nevermind, poster only has one post. This is probably a bot trying to get people to search for some crypto currency.
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Zandit75
Posts: 82
Joined: Apr 30, 2018

by Zandit75 »

Yep, I'm calling this a spammer. Got a vaping link in their signature too. A bit too random for this to appear here.
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SteveP
Posts: 13
Joined: Mar 26, 2018

by SteveP »

Is there a reason that, spam or not, we can't see the original post? Why delete it but not the replies? Why not just delete the thread?
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BGuttman
Posts: 7368
Joined: Mar 22, 2018

by BGuttman »

[quote="SteveP"]Is there a reason that, spam or not, we can't see the original post? Why delete it but not the replies? Why not just delete the thread?[/quote]

We have a 'bot that detects scammers. If the OP was determined to not be a valid poster he got suspended and all his posts were removed. Just as well; I wasn't planning to approve the original post anyway.

Also, posts that are not approved will not be visible except to Administration.
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Matt_K
Posts: 4809
Joined: Mar 21, 2018

by Matt_K »

Moved this to the litterbox. The bots scan for the existence of titles they've put out so if it stays public facing, they'll send more spam our way as best I can tell so thought we should hide this
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Neo_Bri
Posts: 1342
Joined: Mar 21, 2018

by Neo_Bri »

Sorry about that. That one got me.