01-13-2021, 07:21 AM
Reading this frontpage makes me wonder: Is it about tech, about innovation, about an
<!-- SC_OFF --><div class="md"><p>All I see is price discussion. I really struggle to believe that a significant percentage of holders cares too much about what they are holding and about the utility it provides. To me it seems that the only thing that matters is price. That makes me think twice if I am „investing“ into something, or if I am just speculating and hoping for somebody to buy it for even more than I did. </p> <p>I am part of the cryptoworld for quite some time now (bought my first btc in 2013 on mtgox ?) and I have to say, that not too much has changed since then. The tech underneath the hood is still the same with all of its flaws. The only thing that has changed in my opinion are exchanges. They offer you hundreds of ways of how to speculate even more and are flashy and shiny like casinos. To me it makes no sense that we are at the price where we are right now. The interest in cryptos around me (i work as a dev with tech savvy people around me) is non existent, unlike end of 2017 where everybody was buying random coins. </p> <p>My advice to everybody who came so far: </p> <p>Newer people: educate yourself, read about what you are buying into, try understanding the tech, see if there are real use-cases (buy&sell on exchanges isn‘t one), see if there is real traffic happening, git activity... </p> <p>Older people: Stop encouraging new people to buy, stop creating fomo (also resist fomo), take some profits, discuss the tech</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/S1r_Mar71n"> /u/S1r_Mar71n </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kw40mu/reading_this_frontpage_makes_me_wonder_is_it/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kw40mu/reading_this_frontpage_makes_me_wonder_is_it/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>All I see is price discussion. I really struggle to believe that a significant percentage of holders cares too much about what they are holding and about the utility it provides. To me it seems that the only thing that matters is price. That makes me think twice if I am „investing“ into something, or if I am just speculating and hoping for somebody to buy it for even more than I did. </p> <p>I am part of the cryptoworld for quite some time now (bought my first btc in 2013 on mtgox ?) and I have to say, that not too much has changed since then. The tech underneath the hood is still the same with all of its flaws. The only thing that has changed in my opinion are exchanges. They offer you hundreds of ways of how to speculate even more and are flashy and shiny like casinos. To me it makes no sense that we are at the price where we are right now. The interest in cryptos around me (i work as a dev with tech savvy people around me) is non existent, unlike end of 2017 where everybody was buying random coins. </p> <p>My advice to everybody who came so far: </p> <p>Newer people: educate yourself, read about what you are buying into, try understanding the tech, see if there are real use-cases (buy&sell on exchanges isn‘t one), see if there is real traffic happening, git activity... </p> <p>Older people: Stop encouraging new people to buy, stop creating fomo (also resist fomo), take some profits, discuss the tech</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/S1r_Mar71n"> /u/S1r_Mar71n </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kw40mu/reading_this_frontpage_makes_me_wonder_is_it/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kw40mu/reading_this_frontpage_makes_me_wonder_is_it/">[comments]</a></span>Kind Regards R