CAC article- Nov.08 Coinage

I like it and the alien was creepy.

 

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And that is how every business is run these days---they put fear that if you little kid doesn't have such a game, he will be he odd man out. They say that if you don't take such and such for your cold, you may have to skip work, and pay out more money just to see a doctor.

Every business is run on some kind of fear--

Speedy

 

So your opinion is that A,B, and C coins don't exist and if they did, nobody would have a valid method or the expertise to be able to distinguish them? (I disagree.)

 

Three points:

Some people around here define scam quite differently than I do.

I'm not sure how any company that is providing exactly the service they are contracted to provide is a scam. Perhaps agressively marketed, but not a scam.

Not all entities that use FUD as a marketing tool are scammers.

If the CAC is a scam, so are the TPGs.

Respectfully...Mike

 

p.s. the coin game has never been and never will be a perfect market, and Ruben, I think you're quite the idealist.

 

No markets are perfect but all analysis is done my making idealized models and then evaluating them against real world results ...

Ruben

 

Meh, economics ain't a real science.

 

yup, that is almost right and every once in a while someone gets cracked on the knuckles for it. Specifically fear to affect a market value is defined in business as a scam. Understanding scams is an important living tool.

There is rational fear and irrational fear and then there is crowd panic as well.

Ruben

 

That would be the only defense they really have...if they have that much clout in the market. But these guys can barely handle criticism on they websites, let alone punch a hole in CAC's reputation.

CAC is a form of a Ponzi scheme though.

Ruben

 

I didn't have time to tell you this Speedy, but your unfortunately largely right. It is a problem.