*BITCOIN* How it works?

A lot of monkeys lived near a village.�����

One day a merchant came to the village to buy these monkeys!�����

He announced that he will buy the monkeys @ $100 each. ��

The villagers thought that this man is mad.�

They thought how can somebody buy stray monkeys at $100 each?�

Still, some people caught some monkeys and gave them to this merchant and he gave $100 for each monkey.

This news spread like wildfire and people caught monkeys and sold them to the merchant.�

After a few days, the merchant announced that he will buy monkeys @ 200 each. ���

The lazy villagers also ran around to catch the remaining monkeys!������

They sold the remaining monkeys @ 200 each.�

Then the merchant announced that he will buy monkeys @ 500 each!
������

The villagers started to lose sleep! ... They caught six or seven monkeys, which was all that was left and got 500 each.�������

The villagers were waiting anxiously for the next announcement.�

Then the merchant announced that he is going home for a week. And when he returns, he will buy monkeys @ 1000 each!�����������

He asked his employee to take care of the monkeys he bought. He was alone taking care of all the monkeys in a cage.������������������������������������������������

The merchant went home.�

The villagers were very sad as there were no more monkeys left for them to sell at $1000 each.☹��

Then the employee told them that he will sell some monkeys @ 700 each secretly. �

This news spread like fire. Since the merchant buys monkeys @ 1000 each, there is a 300 profit for each monkey.�

The next day, villagers made a queue near the monkey cage.������������������

The employee sold all the monkeys at 700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys!
��������������������

The villagers took care of their monkeys & waited for the merchant to return. �

But nobody came! ...� Then they ran to the employee...�

But he had already left too !�

The villagers then realised that they have bought the useless stray monkeys @ 700 each and unable to sell them! ����������

The Bitcoin will be the next monkey ��� business

It will make a lot of people bankrupt and a few people filthy rich in this monkey business. ���

That's how it will work�

This story looks funny yet it makes sense in the scenario of Bitcoin

Good post.

All the Cryptos are falling like London bridge.

Imagine ripple I bought $3.2 now 0.8 ah mogbe!

Im FUD

They say bitcoin is The future. I rather remain old school.

MMM memory is still fresh in our minds

@OP,
you are very correct.