Topic: What's the weirdest thing about crypto? (Read 477 times)
The weirdest thing for me about cryptos is the hype it can create. I remember last year there was not a lot of interest from the news about crypto currencies. But as soon as BTC reached a new ATH everybody jumped onto the crypto hype. When I was waiting at the train station I could hear so many people speak about Bitcoin. And even my uncle who has no interest in online banking or owning a smart phone started to talk with me about bitcoins and that he would like to buy some. And as soon as the prices start to fall the whole interest just stopped.
The weirdest thing might be the fact people are fine about paying huge transactions' fees in a daily basis.
It's hard to understand why people are wasting so much money with expensive fees in some moments when the network is overloaded. It really looks like they are trying to hide these transactions from their local authorities so they don't care about extra costs since they can fly under the radar.
It's hard to understand why people are wasting so much money with expensive fees in some moments when the network is overloaded. It really looks like they are trying to hide these transactions from their local authorities so they don't care about extra costs since they can fly under the radar.
You know what's also weird about crypto? People are making money like crazy by copying an image from the web and selling it as an NFT. And the hype doesn't seem to stop, as new NFTs hit the market. It's completely insane since anyone can make millions in NFTs even if they have no intrinsic value. The unpredictable nature of crypto/Blockchain tech makes many serious investors skeptical about it. Things would've been a lot different if the industry was more regulated and taken seriously. Weird things like the ICO boom and the NFT craze, make crypto far distant from reality. That makes me wonder, what will crypto come up with next?
And it is because precisely because of what you are saying, anyone can copy a file or an image from the Internet and try to sell it as an NFT, however since you get no exclusive rights to exploit those files or images then it is completely useless to buy any NFT at the moment.
The weirdest thing might be the fact people are fine about paying huge transactions' fees in a daily basis.
It's hard to understand why people are wasting so much money with expensive fees in some moments when the network is overloaded. It really looks like they are trying to hide these transactions from their local authorities so they don't care about extra costs since they can fly under the radar.
It's hard to understand why people are wasting so much money with expensive fees in some moments when the network is overloaded. It really looks like they are trying to hide these transactions from their local authorities so they don't care about extra costs since they can fly under the radar.
You know what's also weird about crypto? People are making money like crazy by copying an image from the web and selling it as an NFT. And the hype doesn't seem to stop, as new NFTs hit the market. It's completely insane since anyone can make millions in NFTs even if they have no intrinsic value. The unpredictable nature of crypto/Blockchain tech makes many serious investors skeptical about it. Things would've been a lot different if the industry was more regulated and taken seriously. Weird things like the ICO boom and the NFT craze, make crypto far distant from reality. That makes me wonder, what will crypto come up with next?
i think MEME coins pumped be the weirdest thing in crypto market for me , i am thinking there are alot better project that deserve to get more appreciation from investors rather than DOGE. Influenced from popular figure now looks like be more important than project fundamental for some investors. We dont realize the pump and dump scenario that playing by whales at this moment. This is strange point for me now.
One of the weirdest thing about crypto is the way it surprises everyone most times with stuff you don't even believe in. A good example for better understanding is that of Meme tokens, I mean, Doge as the first wasn't even regarded as a good coin neither did anyone take it serious, but just like that everything changed and today it is leading the pack of other Meme projects and even listed on top exchanges more than other good coins.
Another weird thing is that, most times an abandoned project or airdrop will be recognised and it will start pumping, thus giving people unexpected and good money; a good example is Whacked airdrop which was done years ago.
Another weird thing is that, most times an abandoned project or airdrop will be recognised and it will start pumping, thus giving people unexpected and good money; a good example is Whacked airdrop which was done years ago.
All this is a consequence of an unregulated market, when a "big wallet" can pump and dump any coin with impunity. Such manipulations are also found in the stock market, but they are suppressed by the SEC and the perpetrators are criminally liable. The time will come and the cryptocurrency market will lose its volatility as a result of its regulation.
One of the weirdest thing about crypto is the way it surprises everyone most times with stuff you don't even believe in. A good example for better understanding is that of Meme tokens, I mean, Doge as the first wasn't even regarded as a good coin neither did anyone take it serious, but just like that everything changed and today it is leading the pack of other Meme projects and even listed on top exchanges more than other good coins.
Another weird thing is that, most times an abandoned project or airdrop will be recognised and it will start pumping, thus giving people unexpected and good money; a good example is Whacked airdrop which was done years ago.
Another weird thing is that, most times an abandoned project or airdrop will be recognised and it will start pumping, thus giving people unexpected and good money; a good example is Whacked airdrop which was done years ago.
Well, there can never be only one product, once a product is released to the public, there will always be other copies of that same project that will come after it as alternative.
It’s just like we have cars, there is not only one car industry, there are so many of them around these days, so many brands and you have to go for the ones you like. That’s just how it is in the cryptocurrency market, there are so many alternatives to bitcoin, and a lot of them claims to do what it does better. But, as an investor it’s up to you to be very careful and avoid those that are not good. You have to do your research and analyze the project to know what’s best for you.
It’s just like we have cars, there is not only one car industry, there are so many of them around these days, so many brands and you have to go for the ones you like. That’s just how it is in the cryptocurrency market, there are so many alternatives to bitcoin, and a lot of them claims to do what it does better. But, as an investor it’s up to you to be very careful and avoid those that are not good. You have to do your research and analyze the project to know what’s best for you.
More refined innovation positively adds an ever increasing number of peculiarities. However, be grateful for the quirks of cryptographic forms of money we have an optimal position which as of recently has given extraordinary assistance, particularly according to a monetary perspective.
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.
The fact that nobody talks about how there is this made up money in 2008 that made some people billionaire. I mean it is insane to think about how some people became insanely rich just because we created our own coins. I once bought a car thanks to it, how insane is that?We are basically in the world of made up richness and that really confuses me a lot sometimes, like how the hell did I became so rich, who paid for the price to go up. Then it hits you, the real weird thing "nobody has to buy for the price to go up", yes you heard it right, there could be ZERO buying and the price can still go up, that is the most weird thing ever, how? If collectively all of humanity decides that bitcoin worths 100k, then everyone will remove their orders and put them on sale at 100k and won't sell under that price, doesn't require any buyer, that is just what sellers requests all together.
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.
Probably the weirdest thing has to to be the fact this market exists at all, I mean bitcoin and other cryptocurrencies are competing against the strongest monopolies on earth, governments which were the only ones allowed to print currencies and banks and not only this market is surviving but thriving and this is incredible.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.
Banks and governments have done everything they could to destroy and hinder this market and yet they failed, so this is a testament of the incredible strength that this market has and how its future is incredible bright despite having those gigantic opponents trying their best to stop this market from growing.
What do you think is the weirdest thing about crypto? Your input will be greatly appreciated. Thank you.
It has been a wild ride for sure. People are basically trading memes now. I find it weird that with this industry came an industry of scammers and how they can operate so freely. That all it takes is a one man to manipulate the whole market. Or one pseudonymous whale what no one knows can absolutely destroy a coin and pump & dump it.
I also find it quite revealing that nothing has changed from 2017 ico greed. Things are even worse and probably get worse and worse.
Ihmo weirdest part is yet to come. Not sure what it is but it could affect the whole world economy.
That there is still no crypto that we could imagine to become the world currency we all pay with. Bitcoin is like gold...not the kind of money you want buy apples on the market.
Yes btc is now viewed more like an asset than a currency that was supposed to be flexible and easily accessible by all, so far there is no such currency that is generally acceptable for transaction purpose, btc is more too pricy for it to serve as universally accepted,despite there are thousands of alternatives coins out there, yet none can be regarded as the ONE cryptocurrency of the world, perhaps such coin has not been developed yet or probably never will.
The weirdest thing might be the fact people are fine about paying huge transactions' fees in a daily basis.
It's hard to understand why people are wasting so much money with expensive fees in some moments when the network is overloaded. It really looks like they are trying to hide these transactions from their local authorities so they don't care about extra costs since they can fly under the radar.
It's hard to understand why people are wasting so much money with expensive fees in some moments when the network is overloaded. It really looks like they are trying to hide these transactions from their local authorities so they don't care about extra costs since they can fly under the radar.
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It's unpredictable to the point that pump and dump schemes become the trend for the obvious wrong reasons. I can even recall coins that took advantage of Coronavirus and that coin just faded into obscurity and then new trends like NFTs became a thing in my feed in Facebook. 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.
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.
That's because crypto land is the "wild west" where anyone can create new projects and scam people at will without any limitations whatsoever (sort of). With stocks, it's a little different since the whole space is tightly regulated by mainstream governments. Companies/issuers have to go through a series of paperwork before being able to launch their own stock on the market. That's the reason why most institutional investors prefer stocks than crypto itself. Unless the crypto market becomes widely regulated by mainstream governments, developers will continue to create new coins to make a quick buck like crazy.
Believe me, crypto land is extremely weird with many unpredictable events that could lead you towards prosperity or despair in a blink of an eye. But it's all good once you get the hang of it. How far will the crypto/Blockchain space will go will greatly depend on mainstream adoption. It looks like crypto won't be going anywhere thanks to its decentralized and open source nature. Just my thoughts
What is weird about cryptocurrency for me is the price. Sometimes, a coin that is completely underated and overlook may shoot into limelight with the angle that have never been looked at. How the prices of coin rise is also interesting and out of this world. A percentage increase of a coin could run into millions and those that invested in such coin instantly could become a millionare!
and conversely, projects that we think have great potential and real functions can lose competitiveness, with joke projects that only rely on hype, even though it's only a pumo and dump scenario but the lucky ones can get a lot of profit as you say. that's a fact and a lot happened during the last bull run.but we must not ignore the fact that it is a great risk to choose such a project. imagine if you take the wrong timing, instead of the price going up, it's going down. That's why I prefer a definite project, one that already exists in the market and has proven to have strong fundamentals, even though the profit is not as big and as fast as a pump n dump coin, but I'm very grateful to be able to make a profit.
I'm still weird with coin memes
That there is still no crypto that we could imagine to become the world currency we all pay with. Bitcoin is like gold...not the kind of money you want buy apples on the market.
The application of real-life payments to Bitcoin is not yet fully implemented, although there are several companies that already like Bitcoin, but the company has not implemented it to buy any products. 
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.
Most people follow the trend, first a coin rise in price then there is news about it in the market as the people who posts those news might be getting some benefit from it. Either they would have invested in that meme coin or maybe paid to promote the coin. Then comes the people who blindly follow others, they are influenced by such posts and invest in the coin thinking of getting quick profit from the trend. In this process many make huge returns who invest early in the token and who join late become bag holders as they are buying the coins that are being sold by the early buyers of the coin.
What is weird about cryptocurrency for me is the price. Sometimes, a coin that is completely underated and overlook may shoot into limelight with the angle that have never been looked at. How the prices of coin rise is also interesting and out of this world. A percentage increase of a coin could run into millions and those that invested in such coin instantly could become a millionare!
The most strange thing for me about crypto is how many tools exist there. You can make up a lot of trading strategies, so it is really difficult for newbies to deal with it all. It happens quite often, that people who I new for crypto just can't do their own researches because of the lack of knowledge, so they just rely on others opinion and as a result they often lose money, as they don't know what to do with their crupto if nobody prompts them. 
for me what is strange from my experience in crypto with all its intricacies and from what I see in crypto there must be manipulation from some parties who have the power to do it, now the thing that is getting strange is the trend where coins that have little benefit and even resistance the market is not so great, it is in demand and is considered an important asset, besides that the pattern of increases and decreases that occur in the 4-year period if you pay attention to it remains the same.
It's true, sometimes it's coins that we don't think are valuable, but in fact the coins that we take for granted are like the Doge coin before, but now it's the high value of leisure, it makes us confused and weird.
The strange thing is that the changes in every other exchange exchange have a different fee, so sometimes we get confused even though we sell the same coins on different exchanges
The strange thing is that the changes in every other exchange exchange have a different fee, so sometimes we get confused even though we sell the same coins on different exchanges
I think the crypto itself is the weirdest thing we know because the price can go up and down any moment without predicting. It will be more volatile than stock and once the price starts to increase, that can make people rich in the short term. That will be lucky for them because they can make a lot of money from crypto. We already know what happens to many coins at the crypto. One coin is undervalued but suddenly, the price starts rising and hits the highest price, making many people who have the money make a big profit.
(....)
What do you think is the weirdest thing about crypto? Your input will be greatly appreciated. Thank you.
I encountered very lot of weird cryptocurrencies and some people can make money on them especially when they bought early and are able to get out early too, most of the weird are the animal coins that popping on every blockchain network, not only on Ethereum/Binance Smart Chain.What do you think is the weirdest thing about crypto? Your input will be greatly appreciated. Thank you.
And another thing is it's like NSFW coin which is named CUM ROCKET, I saw the founder of that coin being interviewed on a podcast and she is really serious with the project and seems dedicated.
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.
Yeah, it is algorithmic dispute resolution over who owns what. A register that nobody has to manually check and you can blind trusty that it will always be correct. Where else do we have that? Nowhere, that is the weirdest thing about crypto and it opens so many ways for new ideas and innovation based on algorithms.
Weirdest thing in crypto is the manipulation. Nowadays crypto market got some growth but not enough. Still now it is a small filed, though growing but small. So influencers can shake the market with their single tweet, companies can change the whole market sentiment by a single news. And big players are using this very well with FUD news. Because of this a single tweet makes a shitcoin a million dollar project.
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.
I would have to say that it is based on absolutely nothing and psychologically we all convinced each other that it worths money. I mean think about it, if we all collectively decide that bitcoin worths 1 cent, then it will become 1 cent, if we decide it should worth 100k then it will be 100k.This is not brand new in the world, we decided that gold should worth something as humanity and it did, it is not like it is the rarest of the elements, there are more common and more rare stuff in the world compared to gold, and there are stuff used in a lot more stuff or not used at all (nearly) stuff too, so what makes gold so special is not really known, people can give reasons but most of them are BS reasons. So long story short crypto is not the first thing that we collectively as humans decided it should have a monetary value, but it is certainly a very new one.
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Not for me though, if you're closely skimming through random news that Musk is hyping this coin up that's why many of his blind followers just go and throw all their money into it causing the price to pump.
the weirdest thing is about the coin hype. a coin that has no real use case and has no long term purpose, but it was popular and pumped for a long time. this is very strange, why it could happen. just because of the hype, dirt can be as valuable as gems. and after that people screaming about crypto is shit. but still support bad coins out there
What do you think is the weirdest thing about crypto? Your input will be greatly appreciated. Thank you.
My answer with this is as weird as crypto but I think that I see the profits that crypto can give you to be kinda weird.I mean if you will compare it to other investments out there, crypto is giving way more profits than others like the Stock Market or Bonds or Real Estate and another weird thing is that it can give that profit to you at the shortest amount of time possible.
Volatility is the weirdest thing for me because it can give you too much profits but at the same time, can give you too much losses. Predictability? Its kinda weird too but you can predict what can happen to the specific coin.
It's weird how much money you can make doing nothing. I just go about my everyday life watching crypto youtube while I earn rewards with DeFi and staking promising cryptos like NEAR and Celo.
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.
I think that a huge part of the success depends on the marketing campaign. If people are aware of this project they are more likely to invest in it. That is why projects with good ideas and user-friendly, but ad-free will not have such a success as useless coins that were advertised a lot. If devs care about bounty campaigns, airdrops and different advertisements, their project will be successful.
The weirdest thing of my crypto life is when i started holding btc coin for three years and for some reason in financial needs of the family i withdraw the interest income and remain the capital to earn again. Then,i deeply regret when the second time the btc goes $60k when i already withdraw all my btc last October 2020.
similar thing happened to me, but this time I'm holding ethereum. Actually I held quite a lot of eth at that time, because for the need to get married at the end of the year I sold it all until there were only 2 eth left, and even then I sold it at the beginning of the year before the bullrun happened, I regret it, but how else, we have to move on
The weirdest thing of my crypto life is when i started holding btc coin for three years and for some reason in financial needs of the family i withdraw the interest income and remain the capital to earn again. Then,i deeply regret when the second time the btc goes $60k when i already withdraw all my btc last October 2020.
For me, the weirdest thing about crypto is that people still call them virtual money but cryptocurrencies bring real value.and their value is very volatile, unlike any other investment model I have been involved in before. Cryptocurrency market is crazy market. one coin can increase 100% in just a few hours and also can drop 1000% in just 1 day. This is thing that no other market has ever done
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.
The crypto market really operates in mysterious sometimes that i often can not comprehend. For example i hodled a pretty dead coin for more than 3 years. The coin had almost no volume at all and my holdings of that coin where worth around 3k $ back then which was almost impossible to sell because a sell order of 3k would have dumped the price down about 100% or more. Then one day i wanted to join a presale and i did not have funds ready and i thought about that dead coin and i was surprised that there was a buy order that was big enough for all of my coins. So i sold them and i was pretty happy that i was able to do that finally. A few weeks later someone suddenly put in puy orders that were worth 50k$ or even more and suddenly the price of that dead coin shot up from 0,15$ (where i sold) to 1,50$. So after 3 years of hodling an absolute dead coin with zero volume i finally sold and only 2 weeks later someone puts in a huge buy order.. so that two weeks made me miss out on 27k $...now the price is already down again...i don't know who and why bought that coins.
For me its kinda weird that some of the tokens release even its worth shit become valuable. Thats one thing you can find odd on crypto. For sure stocks trader are wondering with this and why does this kind of pump and dump scheme even working.
Elon Musk and some influential people also riding this kind of hype which i find it so weird that riches like them also trying to hook up and play around.
Elon Musk and some influential people also riding this kind of hype which i find it so weird that riches like them also trying to hook up and play around.
Well, I don't have much experience in the crypto world, but I have gained a lot of experience in the cryptocurrency world, so I don't really download when prices start to weaken, and when prices start to return to normal, I'm active again in the world of crypto forums and bounties to participate in projects. good, the strange thing in this crypto world is that when we start investing the price of BTC starts to discourage us because the price starts to weaken so that our patience loses control so we lose trust and when we return to normal our spirit returns to wanting to be like before
crypto sometimes moves not according to what we want, it sometimes looks strange, such as when we keep the asset a few months it keeps going down, and when selling losses, some time immediately it goes up, why should it be like that, such a difficult thing in the prequel. this is how I feel right now.
The strange thing about cryptocurrency that I feel is that here's a lot of surprises, some time ago we were surprised by the arrival of Elon Musk, and some time later we were surprised again that Elon Musk manipulated the market, and it didn't end there, it also happened when I came to cryptocurrency until now.
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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