Comments by "" (@thehumanity0) on "" video.

  1. True, but it is also true that the Crypto market is much more volatile than the bonds and stock market. I think at some point the prices will become more controlled than they are now, but there are a lot of issues that many of the alt coins are trying to fix.
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  2. +D4I4m4r - What are you talking about? Yes you can. There are countless examples of persons who lost their life savings in the stock market, and just because companies have physical offices does not make them any more legitimate than many of the companies on the crypto market. Many coins are run by R&D companies and professional software developer teams that are working on cutting edge blockchain technology and proofing algorithms, which obviously have a ton of value to them since they are tripling stock prices by just mentioning "blockchain" by the companies. There's almost no regulation in the crypto market, which allows a lot of worthless altcoins to exist, but only noobs to the cryptomarket make those coins their lasting impression of the overall market. The cryptomarket is obviously more volatile than the stock market, but let's not kid ourselves that the stock market is somehow not risky at all compared to the crypto market. They are both risky no matter how John Oliver or the rest of MSM want to spin it that is why you see millionaires who are are both stock brokers AND bitcoin entrepreneurs, and it is also why you see people lose their life savings on both the crypto market AND the stock market. Do not act like it is anything different.
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  3. +Inconspicuous Bear Wrestler - There are long term investments on the crypto market, you just have to do your research on what they are. There are many companies that are doing real research and making real changes to blockchain software. If you know what those invaluable long term investments are and you're right, then three years from now they could give you a potential 100,000% return of investment. That kind of return is worth the extra cash that some people have laying around. The reason it is so popular in the first place is because people actually do see huge returns a lot of the time. Just ask everyone who was invested in bitcoin and ethereum early on. They're millionaires and some billionaires for a reason.
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  4. I hear that it's the biggest scam of all. Apparently a handful of the people at the top of the USD Coin hoard all of it and hide it away in something called The Cayman Islands.
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  5. Oh Hell Yes that is much more in line with people's fears than FOMO. At least you can say that FOBPF is the more accurate reason at the core of people's psyche, whereas FOMO is just the temporary symptom.
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  6. +Andres Falcone - Why are you so intent on pissing on the crypto market? Did it sleep with your wife? There's valuable benefits in the market, you just have to look past all the worthless alt coins and obvious scams. Some of the companies are doing cutting edge research on blockchain technology and new proofing algorithms. This is technology that has thousands of invaluable uses including a global working currency and an impenetrable democratic voting system. These are the companies everyone with a brain should be focused on but there are too many people who invest in the market that have very little understanding of software. I am a software engineer, and I can tell you that the large community and hype is just the icing on the cake and the top layer to all of this. People are additionally hyped about it because they're excited at the prospect that in the near future we potentially won't have banks manipulating the system and running our economies into the ground, which applies to almost every country out there. It sounds like your trying to convince yourself they're a "fad" because maybe your upset you didn't get in on it early or maybe you're just completely bitter about these things. I don't know, but you're bringing up the .com bubble as if it's a good example of why cryptocurrencies won't be around in a few years, which is laughable considering the .com bubble literally changed the entire world and is the very reason why the world is so connected today and Jeff Bezos is the richest man alive. Yeah, some telecommunications companies over-invested in fiber optics and many startups went out of business, but it left a global network that has propelled us into the future at an exponential rate.
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  7. That's because John Oliver barely explained it and the parts that he did explain were very vague and something almost impossible to explain within the time he set aside to do it. I still have doubts that anyone in the Last Week Tonight office has any real understanding of it besides Dan
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  8. I thought his video was a little biased against cryptos, but I think it was fair to point out some of the flaws with it such as Bitconnect, pump and dump coins, and such, but it did really bug me that he didn't follow with the positives about the market such as the ACTUAL companies working the blockchain technology and the coins associated with them that are partnering with large corporations and enhancing the software every day. He just claimed that the only good thing was the blockchain, but failed to mention that Ethereum and other similar alt coins are the ones improving it, and made it seem like the multi-billion dollar corporations like Walmart would be the ones to actually make a real difference with using blockchain technology and then made it seem like anyone who thought differently was just a "Dan". I think it was fair to tell people to be cautious, but everything else was pretty weak from John Oliver. Reminds me of when John Oliver claimed in 2015 that Bernie Sanders would never have an impact on politics at all and Hillary would just steam roll him with no trouble at all.
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  9. +Fidgety Rock - I agree with you. I value the opinions of the people at The Daily Show more than any other late night show. They seem more in touch with the people and circling less around the establishment. I love John Oliver, but he has had some really pro-establishment rhetoric sometimes and most of the time you won't even notice it because of how entertaining his show is. For example, John Oliver has always just dismissed real populist candidates as jokes and with no chance at ever winning races. He did it last year with Melanchon in the French presidential race, he did it two years ago with Bernie Sanders, and then he just recently did it with Luigi Di Maio and the Five Star Movement in Italy. He outlines all the candidates that have recently included the two dominating parties, both populist, but one is on the left as a people's party and the other is on the far right that is fueled by xenophobia, hate and ignorance to the world's problems. Oliver will sometimes speak out against the far right party like Marie Le Pen and Donald Trump, but also sometimes he makes it appear that all the choices are bad choices and it doesn't matter which side you vote for, which is actually pretty dangerous. If you are given a choice between a populist left party and a populist right party, any sane person on the left would tell you to go with the populist left party of course, but since most of the time these parties are not a part of the establishment, John Oliver won't ever say one positive thing about them. Luigi Di Maio wasn't the perfect candidate, but he was very obviously Italy's best candidate and compared to a fascist like Matteo Salvini, John Oliver should have done what was right and given a fair analysis on Luigi Di Maio as the obvious better candidate, but instead just said he was way too young to be in charge of anything and then showed of a video of him in a wind tunnel as if it mattered AT ALL. Just like he did with Melanchon and Bernie Sanders in similar manners, but it makes it painfully obvious that John Oliver does not give credit to anyone unless they are a part of the establishment left.
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  10. +Mendicant Bias - No actually his assessment was correct with knowing how to spot the obvious scams, but the problem was he was very obviously trashing coins that he personally didn't like that he knew others thought were good investments. Perhaps he had a biased opinion about Ripple, Bitcoin Cash, IOTA and TRON, but they're definitely not scams and definitely have value to them, which is why so many people have defended them in this thread. He was right though about Bitconnect and all the other "garbage coins"/pump and dump schemes. When I first started trading in the crypto market, I heard about Biconnect in passing, then did about 90 seconds of research on it and found out immediately from countless sources and community threads that it was a blatantly transparent scam and this was back when they were still scamming people out of money. I honestly feel like any half-intelligent person can figure these things out once you have a basic understanding of the market and how the technology works. There are much more garbage coins out there than there are sound investments, but I personally don't know one person or any of my friends who had started trading and didn't understand that a good place to start your research would be to check out the cryptos that are on the top 10 or top 25 listings on the market. Anyone who immediately starts trading without doing this very basic research deserves to get scammed by ridiculous companies like Bitconnect, since it would've been inevitable they lost their money eventually if they make choices like that. Again though, the main poster's problem was that he put legitimate coins in his "garbage coins" list. I see way too many people do this, and I have no idea why they would call out IOTA, Ripple, etc. as "garbage" when all you have to do is glance at their white papers to see they have bright potential in their R&D and have made very high gains on the market that have placed them on the top 10s list at certain times. Also I just want to say I don't have any coins of IOTA, Ripple, etc. and am honestly just defending them because I know better than to naively dismiss them as "garbage".
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