Topic: What's the weirdest thing about crypto? - page 3. (Read 477 times)
The weirdest thing that has been in Crypto is where investor not interested with trusted and useful coins. They choose meme coins or shitcoins which is for this year the rumors have a big influence to make it more hype and the related thing will follow. I don't know what to be happy or not. Many Investors also trust shitcoins and even Invest a lot but ended tragically
After being involved in the cryptocurrency market for quite some time, I seem to get used to everything that can happen in this market.
It can be said that this market operates on rumors, so many very good coins cannot compete with the hype coins. The recent rise in the price of meme coins is one of the strangests of the market.
It can be said that this market operates on rumors, so many very good coins cannot compete with the hype coins. The recent rise in the price of meme coins is one of the strangests of the market.
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Sure we all have plethora of wallets and stuffs, and at the same time we're getting all new coins that are still trying to exist even if there is already an existing ones and that is what is weirding me out in crypto.Another thing that also weirds me out is how the trends transition, we went from ICOs to NFTs.
The weirdest thing about crypto is that it actually works. It does something that hasn't been solved before. Coordinate a financial economy at scale around the whole globe without any actor being able to destroy it.
Oh and of course, the weirdest thing about crypto is that this new currency with potential influence on world economic order was set free by someone we will most likely never get to know. In theory, it could have been an 18 year old kid from its basement with the IQ of Vitalik Buterin.
all of that is very possible. because the crypto market is built on the trust of every crypto user in the market.Oh and of course, the weirdest thing about crypto is that this new currency with potential influence on world economic order was set free by someone we will most likely never get to know. In theory, it could have been an 18 year old kid from its basement with the IQ of Vitalik Buterin.
of everyone who believes in and trades in the market. it will grow the value of the crypto asset.
actually, this is almost the same as the system in traditional markets. but it's true what you said, that everyone might even be someone we wouldn't expect to be the person behind a crypto asset.
especially now that there are so many meme projects that I'm sure many of these coins don't have real projects to develop.
It's weird that the popularity of meme coins has increased since the start of this year. For those that have noticed it, they might not find it weird. But if you've been in the market for a few years, although there's a resemblance with the ICO craze but I still find it weird that many people invested in those.
Yes, that's true, but today's crypto market assets are very good among investors, and crypto market assets are very helpful for investors, and crypto market assets are not detrimental to them.
and with the meme coin in the crypto market asset that is a market asset that has a wrong system or wrong control of their market asset, that's what happened.
But holding it for long isn't an ideal choice.
It's weird that the popularity of meme coins has increased since the start of this year. For those that have noticed it, they might not find it weird. But if you've been in the market for a few years, although there's a resemblance with the ICO craze but I still find it weird that many people invested in those.
Yes, that's true, but today's crypto market assets are very good among investors, and crypto market assets are very helpful for investors, and crypto market assets are not detrimental to them.
and with the meme coin in the crypto market asset that is a market asset that has a wrong system or wrong control of their market asset, that's what happened.
What do you think is the weirdest thing about crypto? Your input will be greatly appreciated. Thank you.
For me, the weirdest thing about crypto is the ability for any random person to create a new coin whenever they want. Nowadys, you can hire a developer from Fiverr and build a crypto coin in just under 500 USD investment. Majority of today's cryptocurrencies don't have a goal or a solid business plan to back up their value. The net result is that we now have more than 10,000 dead coins.
For people like me who have joined the crypto market in its early days and took part in ICOs, now have minimum 50 different deadcoins lying in their wallet. That's the sad part of today's crypto market. We indeed have seen great projects as well but they are the exceptions.
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For me, the wildest, and yet fearful thing about crypto is how one can easily lose access to his or her money when one loses the private keys or seed phrase to their wallet, and the most fascinating thing about this is that this words or strings of numbers and letters and symbols (private key) can easily be misplaced, or one can easily add or remove a number, letter or symbol in the process of copy and paste which automatically renders the private key useless if one can not figure out where the mistake is from which in some situations, is impossible to figure out.
The weirdest thing about crypto is that it actually works. It does something that hasn't been solved before. Coordinate a financial economy at scale around the whole globe without any actor being able to destroy it.
Oh and of course, the weirdest thing about crypto is that this new currency with potential influence on world economic order was set free by someone we will most likely never get to know. In theory, it could have been an 18 year old kid from its basement with the IQ of Vitalik Buterin.
Oh and of course, the weirdest thing about crypto is that this new currency with potential influence on world economic order was set free by someone we will most likely never get to know. In theory, it could have been an 18 year old kid from its basement with the IQ of Vitalik Buterin.
Being unpredictable seems strange and we are not familiar with but this is what made the cryptos to be successful in very short time period. I believe that everyone will get used to the wallet function for sure because 10 years before not much people were using banking for transactions but nowadays we are using banks for day-to-day purchases no matter what kind of shop it is.
As I've said many times before, crypto behaves in many strange and bizarre ways. Coins that were never thought to become valuable, are now worth serious money as people join the crypto/blockchain craze. Some projects have unique features that are actually useful, while others are nothing more than a direct clone of the original project. One thing for sure is that the industry has achieved a lot in only 12 years since Bitcoin's inception.
Crypto market is unique and has fastest growth in history. 12 years and lots of things changed. The crypto market now is bigger than in 2017 and it has started to go to mainstream. Nowadays, it is funny if anyone calls Bitcoin as a fraud like JP Morgan did years ago.Despite of that, there are fundamentals that are the same as other markets. Cryptocurrency and project with good fundamental things: developments, community, etc. will have better growth and they are more sustainable than others.
Pump and dump cryptocurrency can have better ROI in one week, one month, but they are unsustainable and price will be pulled back to where it was pumped. Shortly, pull back to start price after few days, weeks or months.
Bitcoin is example for a truly good project. It survives during 12 chaotic years of the market and its price is increasing year by year.
there are always many strange things in this world, and the more sophisticated technology certainly adds more and more oddities. But be thankful for the peculiarities of cryptocurrencies we have an ideal position which until now has provided great help, especially from an economic point of view.
What do you think is the weirdest thing about crypto? Your input will be greatly appreciated. Thank you.
So far what you've told me about crypto strangely so far is quite representative. well where the demand just keeps coming from various elements. and surprisingly the government has stepped in and doesn't want to be left behind in the growth of crypto. many of the busy institutions flocking to have a comfortable place for them to invest.
oh well one more you like raising money that is increasing day by day. isn't that weird? whereas crypto has no mother and father. LOL
I'm not surprised anymore, I've been in crypto space since 2016 and I've learned alot about crypto market, what I'm 100% sure about is crypto market is full of manipulation, every four years circle of bitcoin halving is a certainty for bull market so whatever happens when bear market starts is about dragging the market down and accumulate, it always works 🤷🏻♂️🤷🏻♂️
It's weird that the popularity of meme coins has increased since the start of this year. For those that have noticed it, they might not find it weird. But if you've been in the market for a few years, although there's a resemblance with the ICO craze but I still find it weird that many people invested in those.
As I've said many times before, crypto behaves in many strange and bizarre ways. Coins that were never thought to become valuable, are now worth serious money as people join the crypto/blockchain craze. Some projects have unique features that are actually useful, while others are nothing more than a direct clone of the original project. One thing for sure is that the industry has achieved a lot in only 12 years since Bitcoin's inception.
It's up to this date where we have a plethora of wallets, exchanges, and services around the crypto/Blockchain space. Progress has been pretty good so far, but crypto is still not user-friendly as one would thought it would be. Not everyone is tech-savvy these days, so new features on a cryptocurrency may prove to be quite confusing to the average person. If I have to say there's one weird thing about crypto, is that prices move in many unusual ways. Some cryptocurrencies' prices are unmoved regardless of what happens in the real world. Others are directly linked to real world events (although not like stocks). It's a crazy world we're living in these days, where crypto does the impossible.
What do you think is the weirdest thing about crypto? Your input will be greatly appreciated. Thank you.
It's up to this date where we have a plethora of wallets, exchanges, and services around the crypto/Blockchain space. Progress has been pretty good so far, but crypto is still not user-friendly as one would thought it would be. Not everyone is tech-savvy these days, so new features on a cryptocurrency may prove to be quite confusing to the average person. If I have to say there's one weird thing about crypto, is that prices move in many unusual ways. Some cryptocurrencies' prices are unmoved regardless of what happens in the real world. Others are directly linked to real world events (although not like stocks). It's a crazy world we're living in these days, where crypto does the impossible.
What do you think is the weirdest thing about crypto? Your input will be greatly appreciated. Thank you.
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