05-24-2021, 04:48 PM
Crypto is becoming embarrassing...
<!-- SC_OFF --><div class="md"><p>Looking back at the last few week:</p> <p>1) Shitcoins and memecoins made a killing for no reason and became a pure gambling play</p> <p>2) A single person was able to cause a 25% price swing based on a single tweet or sentence on SNL, multiple times</p> <p>3) Institutional investors being able to easily manipulate the crypto market as well</p> <p>4) Support from clueless celebrities but not economists or financial professionals</p> <p>5) No end in sight to volatility, which means more and more businesses will be hesitant to accept crypto</p> <p>6) Almost 6 times that number of cryptocurrencies in existence than all the officially recognized fiat currencies in the entire world</p> <p>7) Theres a crypto called Cum Rocket which somehow sees $1M a day in trading volume</p> <p>8) Every post is about "I believe in the tech" as if that alone is sufficient to make a currency successful</p> <p>9) Still no GPUs</p> <p>10) I made more money from a meme than real companies backed by real revenue and real products/IP</p> <p>I want to get off Mr Bones' Wild Ride!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/marbar8"> /u/marbar8 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/njl3uu/crypto_is_becoming_embarrassing/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/njl3uu/crypto_is_becoming_embarrassing/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Looking back at the last few week:</p> <p>1) Shitcoins and memecoins made a killing for no reason and became a pure gambling play</p> <p>2) A single person was able to cause a 25% price swing based on a single tweet or sentence on SNL, multiple times</p> <p>3) Institutional investors being able to easily manipulate the crypto market as well</p> <p>4) Support from clueless celebrities but not economists or financial professionals</p> <p>5) No end in sight to volatility, which means more and more businesses will be hesitant to accept crypto</p> <p>6) Almost 6 times that number of cryptocurrencies in existence than all the officially recognized fiat currencies in the entire world</p> <p>7) Theres a crypto called Cum Rocket which somehow sees $1M a day in trading volume</p> <p>8) Every post is about "I believe in the tech" as if that alone is sufficient to make a currency successful</p> <p>9) Still no GPUs</p> <p>10) I made more money from a meme than real companies backed by real revenue and real products/IP</p> <p>I want to get off Mr Bones' Wild Ride!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/marbar8"> /u/marbar8 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/njl3uu/crypto_is_becoming_embarrassing/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/njl3uu/crypto_is_becoming_embarrassing/">[comments]</a></span>Kind Regards R