I’ve been watching meme stock subreddits and they’re very cynical about this bubble. By now they’ve seen a clear pattern where it arbitrarily fluctuates between like $16-60k. The game is no longer pretending it’s going to the moon as a Millerite fantasy. It’s timing your buy-in so that you’re closer to the $16k than the $60k.
NFTs also alienated all but the weirdest goobers. Even if I didn’t see all crypto as a scam, for a solid year it was just nakedly a series of highly public scams. Like mid-level marketing or the lottery it completely lost legitimacy for anyone who isn’t pathologically dependent on getting rich quick. The utility of any blockchain project is as meaningful as the utility of any Herbalife supplement.
By now they’ve seen a clear pattern where it arbitrarily fluctuates between like $16-60k.
Very clear patterns mean nothing
But this
multi-level-marketing “opportunity”“blockchain innovation” is different!Yes FartShitCoin is promising the exact same things as ShitFartCoin before they scammed everyone of $10m, yes most r/FartShitCoin subscribers pressuring me now were r/ShitFartCoin members pressuring me a week ago, but this time I really do think I can make my money multiply 100x if I post #FartShitRevolution enough times.
Probably it’s because of that Ethereum changes that made mining on GPUs less efficient and stuff?
Ethereum isn’t mined anymore. It’s been proof of stake since 2022
I am so mad that this shit did not finally collapse forever. Now I hope crypto does destroy the planet and environment, it would be funny and we would get what we deserve.
It’s literally so quiet
Can we agree it’s time to start organising death squads for people who misuse thhe word ‘literally’
Literally no
I think you mean figuratively
Literally
