Whenever you consider buying something, the cost is whatever else you would have held instead.

In the case of shitcoins, that other thing is #Bitcoin. So the chart to look at in this case is XRPBTC.

Putting aside the centralization, pre-mine and missing block history… does this chart instill confidence? Is this something you want to hold?

Reply to this note

Please Login to reply.

Discussion

Or if you really want to drive the point home, price the shitcoin in DOGE. Dogecoin is the king of shitcoins. If you can’t beat Doge, what are you even doing?