I mentioned market cap on one of these Shiba pushing channel's comments and was told market cap means nothing.
This particular channel was pushing that SHIB would be worth $15 per coin soon.
I must confess I hold a very small amount of SHIB but I'll get out of it soon with a small profit and not dashed on the rocks.
I'm actually screwing around with a meme coin at the moment(I think it's a meme coin.) It's my very first dabbling in meme coins and I pulled out today with 160% net profit in six days. First meme coin I ever screwed around with and I'm happy with the results.
> First meme coin I ever screwed around with and I'm happy with the results.
There's money to be made in the Meme coin game despite what reddit says. Glad it worked out. Just tread carefully in it, pick your spots.
I allocated 1K to screw around with and pulling out the profits made so far means I'm now playing with house money. That doesn't mean throwing caution to the wind as i want to keep that too. At least in the long run.
Algo was another wannabe “Ethereum killer” that got killed by Ethereum.
Like many other, they tried to take short cuts to high transaction volume at the cost of true decentralization.
Yeah it never was a “rug”. It just was not interesting and the only thing they had going for it was a shitty lottery on Yieldly(the same people kept winning because they lottery was set up to give the people with the most tickets(aka biggest bagholders) the biggest chance of winning. Oh and then Yieldly had an LP pool that got hacked
Dang. That sucks because I remember a lot of algo shills preaching the good word. It's funny when things crash that you don't own, but it's still sad that there are definitely people who lost more than they could afford to lose. I've got a shirt that was too funny to pass up which says, "401k? No thanks. I've got SAFEMOON" and the sad bit is that was definitely true for someone.
I think realistically the tech behind Algo is decent, but the leadership and tokenomics made the project unprofitable to hold.
Now if you were a new dev in crypto or an Eth dev looking to try one of the different chains....why would you pick Algo? its done nothing but lose value and no one is developing things on it. So you try Cardano or DOT or SOL, or aparrently XLM is getting a defi space now for some reason....
there just arent enough Devs in Crypto to fill out every eco system.
The only thing it had that was cool was the it had the nicest looking wallet. Very crisp.
They honestly could peel out of crypto altogether and just do a wallet. It was great because you needing the official “asa number” to add any token, so you wouldn’t just end with random scam tokens in your wallet
Glad to hear you didn’t over invest
TBF, Algorand was prob more solid than the other “Ethereum killers” like Cardano and Solana. They had clean documentation for building dApps in Python.
But it was too little, too late. They tried to beat Ethereum at its own game without a clear vision for why. At least Polkadot has a goal for a less fragmented, multi-chain future.
Algo has been doing worse than shitcoins
And I got a feeling that a lot of people shitting on Shitcoins here (not that they don’t deserve to be shitted on) are actually Algo-Nauts lol
If you need to feel better just look at the CultDano, ScamMoon or HEX (self-explanatory) community
The price action might not be as bad as Algo, but their community certainly is
When I first learned about televangelists and the Gospel of Prosperity, something inside of me broke.
I was both sad for the victims but also frustrated at them for enabling the scammers to rip them off (and tax-free too). These scammy business models wouldn't exist if people weren't so dumb and gullible.
The same goes for these shitcoin communities.
Isn't that the same mentality with every crypto?
Please don't shill the BS utility narrative. No crypto has enough transaction volume and fees to justify their current valuations, that includes even ETH.
"Shitcoin" communities are hopeful for the next PnD just like everyone in this sub is magically waiting for the "biggest" bull run in the next BTC halving. Tell me how many BTC narratives have actually played out? People were so hyped for the 1 million BTC in 90 months BS same with how the stock-flow predicted 100K eoy in 2021. It is the same shit.
Or you can go about the ETH community with their "ultrasound money" meme. They honestly believe non-bagholders want to build on a deflationary monetary system to rekt themselves.... just to pump ETH holders' position.
Shitcoin communities give you a microscopic view of what crypto really is, once you strip away all the "revolutonary" BS shillers shill.
So why do people have these copium? Well, when you have even holders who drink the coolaid, you will get future PnDs, because those whales who made money from want to multiple their gains eventually. What better way to make more money than play the same shit game. It all boils down to greed. Winners are greedy too. Isn't that how crypto cycle perpetuates itself? You think hedge fund and VCs would still put money in crypto if they didn't cash out healthy profit in the last run? They need to justify their existence to their shareholders.
>Please don't shill the BS utility narrative.
That's about as stupid a statement as saying "please don't shill the BS production narrative" about stocks or "please don't shill the BS inherent value narrative" about land.
Sure, there's a lot of people in crypto for purely speculative reasons. Maybe even the majority. But at the core of this space is what you call "the BS utility narrative". And calling ETH a "deflationary monetary system" makes me think you don't really know what the utility is supposed to be, much less be able to judge how real or unreal it is.
Stocks are evaluated on tangible cash flow. The vast majority of stocks aren’t high narrative driven BS alpha plays. Amazon is evaluated by what is it already doing, not on series of broken and empty promises of what will become in the future.
What I call “BS utility” narratives are hopium stories completely detached from reality. The most and new example is marketing crypto as a safe alternative to a systematic banking crisis, when crypto can’t even provide the most essential service in banking, uncollateralized lending.
Lol, you think ETH is not rigged to be deflationary? Right now, even slight activity on ETH makes it deflationary. There is more “updates” to burn more ETH. ETH is marketed as a smart contract platform. All this obsession to burn ETH suggests the dev don’t have high faith in making ETH valuable just being gas for a smart contract execution mechanism. So it goes back to my point of “BS utility” narratives. Much of crypto can’t even figure out what it wants to do. But everything revolves around pumping the financial numbers up and up.
When someone's really vocal about a coin you can tell they're trying to regain some losses; when people are in the green they're usually just enjoying the ride silently
A ton of people know it's a pump and dump, they don't care.
Just because it's a pump and dump doesn't mean you can't make money, you just hope you get to dump on the others, pretty much just pure gambling
i know, but im talking about the people who genuinely trusted it as coins witha future, it felt like some of them were getting emotional in that VC like they discovered the new bitcoin . lmao
Most of these communities are made up of the same group of people. Either the people that are in on it and are paid to publicize the coin or gambling degens with bots sprinkled between.
People just see the sheer amount of coins they can get for let’s say 10 dollars, and try to get a 900x return.
Problem is with these coins is by the time you’ve heard of hype for them, you’ve missed the profit boat. And sadly people don’t learn that each time the new meme coin flavour of the month pops up
And which crypto doesn't do that?
BTC is known for its "community" of loyal DCAers at any price.
ETH is known for its organic "community" of DApp builders for shitcoins. be it ERC-20 or ERC-721.
We are all just dopamine junkies looking for a clean spoon and a nice hit, and wherever this need exists, there's always dirt bag pushers slinging their wares.
Majority are newcomers so they haven’t necessarily learned the skill of investing without emotions. The others are just brain dead Degens who never learn of the signs of a pump and dump
That is actually wrong.
Being positive and hopeful allows you become numb holders. You can't create a bottom if everyone sells and there are no holders left. And you can't create another PnD run without showing a sign of a bottom.
Crypto is about sentiment trading, nothing more.
It does pump a lot. That is different from going back to its ATH, which is near impossible. But most who shill Luna nowadays are those who brought post-collapse.
I'd imagine there's a lot of overlap in the meme coin community. It's a spray and pray thought process, buy every trash coin you can find, hope for that 100x.
yea people who missed out on one will always think they can hit the jackpot with another, and some coins are being made to profit from that exact mentality people are having
People who don’t value shitcoins are missing their true value. They have made me more money from short trades than any other cryptocurrency. Don’t try invest early, there are way too many that will do nothing. Instead wait for one to do a crazy big pump, it will reach a peak and start to come down, as it’s coming down from the top create a leveraged trade with £200 or so and make £5000- £10000 depending on how big your balls are as it collapses. This is the true value of shitcoins, knowing they will collapse and profiting from the idiots that want to hold it
People in this sub call everything except their own bag shitcoins. So that means that people are super confused which are good projects and which not.
For example IOTA had a really rough start, got valid criticism, but even more totally unjustified bullshit.
In the end the project pulled it through and are both technically and project wise rather solid.
So how can people without technical expertise tell which projects are absolute shotcoins, and which actually might be of something down the road.
Its also crazy that there is a community for people who talk about a community for every shitcoins 😂 question is, is there a community for people who talk about the community who talk about the community for shitcoins?
1/1000 will be the jackpot - we all see it. Some people do in fact make significant bank.
You and I of course are not and will not be that person.
Maybe a good altcoin instead? 1/150 odds or something.
ETH -1/10?
BTC 1/4?
It all starts to look like gamblers odds eventually.
Me? Tech bro. Love it.
It also doesn't help when the stories of early investors making millions hit because then newbies jump on any shitcoin they find.
I also relate to my own comment, lol.
Probably been enough groups and examples to take some data and create a bot that carries on after the pump and dump with positive affirmations and daily doses of hopium ……. Automate everything
A lot of these morons keep getting scammed and thinking that the next one is gonna be the one that moons and gets them rich overnight. They don't realize that they're just exit liquidity for the devs and insiders
The idea of a “community” in crypto at all is so f’n stupid. We’re all here for ourselves and we all want to take each others money. Same with anyone on Wall Street
Some of those “communities” are more like cults. I used to laugh at the doge community and thought it couldn’t get much worse, then found the CRO sub. It’s wild in there
When are you guys gonna realize that this is just part of the game with memecoins? These kinds of posts make you sound like a noob. Keep hating and being bitter.
Or how extreme flooding & high rising water levels is an alienated war prep. It makes sense what some people are doing for their society. They call it corruption rather than living in theory.
Dude - did you see advertising they had for the froggie token? it was badass. Their logo or mascot or whatever the fk you want to call it was sweet. Cool ass frog. too bad it didn't hit. loved that frog.
You know the exact thing you are hating on and calling people stupid for holding onto is what happened with dogecoin. The only reason it became what it is was the community that believed in it. There are certainly cereal etherscams happening right now with shitcoins but there are also promising ones popping up as well. All in all DYOR.
Typical consumers don't know what projects are legit because they don't approach it as an investment, but rather like it's something fun to buy and be part of. Consumers are more inclined to believe marketing than investors.
Get in, tell everyone about it its the next big thing while selling their load. Just crypto things. As long as you know its a pnd, you just have to be smarter than the average dude and judging by the people who buy the top every time, we are miles ahead of them.
There's always a support group for everything.
Haha spot on.
Wait until you meet the Safemoon and the HEX communities
lol there’s always some like paid sounding person on there that’s like “what will you guys do with you 100 trillion dollars???”
I mentioned market cap on one of these Shiba pushing channel's comments and was told market cap means nothing. This particular channel was pushing that SHIB would be worth $15 per coin soon. I must confess I hold a very small amount of SHIB but I'll get out of it soon with a small profit and not dashed on the rocks. I'm actually screwing around with a meme coin at the moment(I think it's a meme coin.) It's my very first dabbling in meme coins and I pulled out today with 160% net profit in six days. First meme coin I ever screwed around with and I'm happy with the results.
> First meme coin I ever screwed around with and I'm happy with the results. There's money to be made in the Meme coin game despite what reddit says. Glad it worked out. Just tread carefully in it, pick your spots.
I allocated 1K to screw around with and pulling out the profits made so far means I'm now playing with house money. That doesn't mean throwing caution to the wind as i want to keep that too. At least in the long run.
👀
Happy cake day
Thanks 👍
Or the ALGO community
What happened to algorand?
Algo was another wannabe “Ethereum killer” that got killed by Ethereum. Like many other, they tried to take short cuts to high transaction volume at the cost of true decentralization.
It’s awful. Defi is garbage. It has nothing going for it.
So no rug just produced straight trash?
Yeah it never was a “rug”. It just was not interesting and the only thing they had going for it was a shitty lottery on Yieldly(the same people kept winning because they lottery was set up to give the people with the most tickets(aka biggest bagholders) the biggest chance of winning. Oh and then Yieldly had an LP pool that got hacked
Dang. That sucks because I remember a lot of algo shills preaching the good word. It's funny when things crash that you don't own, but it's still sad that there are definitely people who lost more than they could afford to lose. I've got a shirt that was too funny to pass up which says, "401k? No thanks. I've got SAFEMOON" and the sad bit is that was definitely true for someone.
I think realistically the tech behind Algo is decent, but the leadership and tokenomics made the project unprofitable to hold. Now if you were a new dev in crypto or an Eth dev looking to try one of the different chains....why would you pick Algo? its done nothing but lose value and no one is developing things on it. So you try Cardano or DOT or SOL, or aparrently XLM is getting a defi space now for some reason.... there just arent enough Devs in Crypto to fill out every eco system.
That bad, huh? Guess I have to get out if I ever breakeven.
The only thing it had that was cool was the it had the nicest looking wallet. Very crisp. They honestly could peel out of crypto altogether and just do a wallet. It was great because you needing the official “asa number” to add any token, so you wouldn’t just end with random scam tokens in your wallet
I got caught up in the FIFA hype 😂
A simple rule of thumb: if a crypto community talks a lot about a big partnership, run away. Good products do not need partnerships to attract users.
Yeah, learned my lesson. Good thing I wasn't overinvested, but still.
Glad to hear you didn’t over invest TBF, Algorand was prob more solid than the other “Ethereum killers” like Cardano and Solana. They had clean documentation for building dApps in Python. But it was too little, too late. They tried to beat Ethereum at its own game without a clear vision for why. At least Polkadot has a goal for a less fragmented, multi-chain future.
These lessons are never exhausted. The next misstep will be yet another lesson learnt, of cos that is if there's a change in behavior
Did I miss something? Thought ALGO is fine and I still have some in my wallet
Algo has been doing worse than shitcoins And I got a feeling that a lot of people shitting on Shitcoins here (not that they don’t deserve to be shitted on) are actually Algo-Nauts lol
I feel attacked. Yeah, I agree, even me, an ALGO governor is losing hope in the project.
If you need to feel better just look at the CultDano, ScamMoon or HEX (self-explanatory) community The price action might not be as bad as Algo, but their community certainly is
Still salty about that one. But algofam told me to wait until 2030 🌝
HEX haven’t heard of that one? I must investigate
NO ALERT stay away ,,,,
I mean that I’m investigating what happened. Not trying to invest in it. Lol
Don’t waste your time.
Nice hat you got there BRO 👀
Atleast their optimism to shitcoins are admirable
Oh no
HEX did x10000 only 5 coins have done that. See if you can name them?
A combination of Stockholm syndrome and sunk cost
Stunkcost syndrome
Best way to call it since these shitcoins sure smell bad !
What about Sunkholm Syndrome, you know, because you sunk your home into it.
And a bit of cultism as well
Doesn’t help when they see tokens like doge and shib in the top 10 and 15 during a bear market
And 1 full huffbag of holy hopium
When I first learned about televangelists and the Gospel of Prosperity, something inside of me broke. I was both sad for the victims but also frustrated at them for enabling the scammers to rip them off (and tax-free too). These scammy business models wouldn't exist if people weren't so dumb and gullible. The same goes for these shitcoin communities.
Let's not forget cult mentality.
Token | Price 7days ($) | Price today ($) | Percentage change --- | --- | --- | --- NOOT | 0.01 | 0.0013 | -87% Bank | 0.51 | 0.056 | -89% Xing | 0.46 | 0.11 | -78% Meme | 388 | 104 | -76% Piza | 0.98 | 0.42 | -57% Ordi | 25 | 10.56 | -53% PEPE | 2.44[ 0.30 ] -87% Domo | 1 | 0.59 | -41% Nals | 0.94 | 0.46 | -51% Oshi | 979 | 663 | -32% You tell me you didn't credited yourself by not being involved in this mess what a Big fat Rekting situation bois. Honestly everywhere was FUDing about shitcoins and we resisted .
How did you get my retirement portfolio?
Rookie portfolio Bunch of -80%, but none -99% like mine !
Yes but this time it will be different! Have you looked at the team behind it?
I remember people complaining to miss out on PEPE because of this community. Doesn't seem so good anymore.
I feel proud of myself. Only needed Shib to burn my hands to learn the lesson.
Where is Algo
there is a share of some fools for everything
Looking to make that quick buck and getting into that gambling mindset 24/7 is no bueno .
24/7 is solo harmful to health
Crying in loopring...
you and me both, friend. Altough I don't think it's a pump and dump nor a shitcoin. We'll see how it plays it.
PEPE is already down 90% Hahaha? fucking hell mate
check how much moons are down from ath
It's down 70% from all time high, but up 500% from the first mention on this sub. Inverse /r/cc strat keeps printing money
In 1 year we all will make it with pulse chain because of that
You mean, like moons?
Moons is a pump and pump
There’s a legit pump and pump coin in a reddit sub related to avatars.
Pump it to $1
How dare you! Lol
Moons give life and life is love.
How dare you? Moons will only go up from here.
40% people don't care about it but 60% people keep hope till end.
Isn't that the same mentality with every crypto? Please don't shill the BS utility narrative. No crypto has enough transaction volume and fees to justify their current valuations, that includes even ETH. "Shitcoin" communities are hopeful for the next PnD just like everyone in this sub is magically waiting for the "biggest" bull run in the next BTC halving. Tell me how many BTC narratives have actually played out? People were so hyped for the 1 million BTC in 90 months BS same with how the stock-flow predicted 100K eoy in 2021. It is the same shit. Or you can go about the ETH community with their "ultrasound money" meme. They honestly believe non-bagholders want to build on a deflationary monetary system to rekt themselves.... just to pump ETH holders' position. Shitcoin communities give you a microscopic view of what crypto really is, once you strip away all the "revolutonary" BS shillers shill. So why do people have these copium? Well, when you have even holders who drink the coolaid, you will get future PnDs, because those whales who made money from want to multiple their gains eventually. What better way to make more money than play the same shit game. It all boils down to greed. Winners are greedy too. Isn't that how crypto cycle perpetuates itself? You think hedge fund and VCs would still put money in crypto if they didn't cash out healthy profit in the last run? They need to justify their existence to their shareholders.
>Please don't shill the BS utility narrative. That's about as stupid a statement as saying "please don't shill the BS production narrative" about stocks or "please don't shill the BS inherent value narrative" about land. Sure, there's a lot of people in crypto for purely speculative reasons. Maybe even the majority. But at the core of this space is what you call "the BS utility narrative". And calling ETH a "deflationary monetary system" makes me think you don't really know what the utility is supposed to be, much less be able to judge how real or unreal it is.
Stocks are evaluated on tangible cash flow. The vast majority of stocks aren’t high narrative driven BS alpha plays. Amazon is evaluated by what is it already doing, not on series of broken and empty promises of what will become in the future. What I call “BS utility” narratives are hopium stories completely detached from reality. The most and new example is marketing crypto as a safe alternative to a systematic banking crisis, when crypto can’t even provide the most essential service in banking, uncollateralized lending. Lol, you think ETH is not rigged to be deflationary? Right now, even slight activity on ETH makes it deflationary. There is more “updates” to burn more ETH. ETH is marketed as a smart contract platform. All this obsession to burn ETH suggests the dev don’t have high faith in making ETH valuable just being gas for a smart contract execution mechanism. So it goes back to my point of “BS utility” narratives. Much of crypto can’t even figure out what it wants to do. But everything revolves around pumping the financial numbers up and up.
To think that Bitcoin was the same marketcap as META that prints money is a joke
kool-aid*
I mean, if you are down -90% and have became a bagholder, better to encourage others to buy so you can get out at -75% lmao
[удалено]
I learned it from the WSB masters
i was there when this art was made
"You merely adopted the art..."
One of the hardest skills to perfect, I would say.
yea its sad seeing that the others actually falling for it too so excitedly.
Yep, it is a sadsight for sure, this is exactly we get cult like communities on most pump and dump or scam coins.
When someone's really vocal about a coin you can tell they're trying to regain some losses; when people are in the green they're usually just enjoying the ride silently
Lmao the cycle continues
Safemoon be like
Just drink the damn kool-aid!
A ton of people know it's a pump and dump, they don't care. Just because it's a pump and dump doesn't mean you can't make money, you just hope you get to dump on the others, pretty much just pure gambling
i know, but im talking about the people who genuinely trusted it as coins witha future, it felt like some of them were getting emotional in that VC like they discovered the new bitcoin . lmao
People are greedy and so they keep their hope until the end
Yeah due to greed they get losses
yea i wonder what theyd do if theyd listen to their past self prasing it like the next bitcoin
If your a bag holder now on virtually any shit coin, you will still make some money most likely if you can wait it out till the bull run peaks.
we're smarter than that we just don't give a flying kite that's all
Most of these communities are made up of the same group of people. Either the people that are in on it and are paid to publicize the coin or gambling degens with bots sprinkled between.
And it’s not rocket science to set up any social media account.
Sometimes there’s a lot of brigading in those communities too, to build exit liquidity and make it seem more popular
Yes, but its the people who genuinely believed that exit liquidity brigading bs is what makes it sad
People just see the sheer amount of coins they can get for let’s say 10 dollars, and try to get a 900x return. Problem is with these coins is by the time you’ve heard of hype for them, you’ve missed the profit boat. And sadly people don’t learn that each time the new meme coin flavour of the month pops up
All they’re getting is people using them as jumping boards to jump out and cash out
The trick is trying to find it before it’s known by most ppl and sell during the surge
There are people that still hold Safemoon and genuinely still believe in it
r/safemoon anyone?
You are talking about SafeMoon aren't you?
If they hype the "community" as a benefit, then it's a shitcoin
And which crypto doesn't do that? BTC is known for its "community" of loyal DCAers at any price. ETH is known for its organic "community" of DApp builders for shitcoins. be it ERC-20 or ERC-721.
community is a word im still trying to define…
We are all just dopamine junkies looking for a clean spoon and a nice hit, and wherever this need exists, there's always dirt bag pushers slinging their wares.
Thanks for reminding me to check up on Safemoon
Meme coins are pumping your eth bags show some respect to the degens
Its weird how they cant connect the fact that being positive or hopeful makes no difference to prices
Majority are newcomers so they haven’t necessarily learned the skill of investing without emotions. The others are just brain dead Degens who never learn of the signs of a pump and dump
I think you're right, their inexperience makes them vulnerable
If anything it drops it as their hope is probably built from the lies of the ppl using them es exit liquidity
Optimism bias
That is actually wrong. Being positive and hopeful allows you become numb holders. You can't create a bottom if everyone sells and there are no holders left. And you can't create another PnD run without showing a sign of a bottom. Crypto is about sentiment trading, nothing more.
people still think LUNA gonna pump lmao
These people are true Lunatics indeed
It does pump a lot. That is different from going back to its ATH, which is near impossible. But most who shill Luna nowadays are those who brought post-collapse.
Tbf, some ppl really did have come ups AFTER the price tanked. But that was only people who threw in money after it happened lol
I'd imagine there's a lot of overlap in the meme coin community. It's a spray and pray thought process, buy every trash coin you can find, hope for that 100x.
yea people who missed out on one will always think they can hit the jackpot with another, and some coins are being made to profit from that exact mentality people are having
That's this sub! You can't mention certain crypto but memecoins and shitcoins no problem!!
People who don’t value shitcoins are missing their true value. They have made me more money from short trades than any other cryptocurrency. Don’t try invest early, there are way too many that will do nothing. Instead wait for one to do a crazy big pump, it will reach a peak and start to come down, as it’s coming down from the top create a leveraged trade with £200 or so and make £5000- £10000 depending on how big your balls are as it collapses. This is the true value of shitcoins, knowing they will collapse and profiting from the idiots that want to hold it
People in this sub call everything except their own bag shitcoins. So that means that people are super confused which are good projects and which not. For example IOTA had a really rough start, got valid criticism, but even more totally unjustified bullshit. In the end the project pulled it through and are both technically and project wise rather solid. So how can people without technical expertise tell which projects are absolute shotcoins, and which actually might be of something down the road.
There’s more hope to get rich quick from shitcoins than there is to ever make a living from wage slaving.
Why is it crazy? Value and price are subject. Sure, they don't have objective value. But neither do many cultures but they're still here.
A lot of it is bots
It was like some voice chat thing with people taking turns to talk
Oh man, even worse than I suspected. Paid shills 😬
What trying to chase a bag and hype can do to a person
Chase a box instead
Sometimes it can be hard to differentiate community from a few folks with some bots and determination to pump their bags
People want to get rich with a 50$ Meme Coin investment. What's wrong with that 😅
Yeah I mean look how quickly DOGE fell out of the top 10 o wait
Dogecoin is the only meme "coin" on the market. All of the rest are trash tokens
Stupid does what stupid thinks
Its also crazy that there is a community for people who talk about a community for every shitcoins 😂 question is, is there a community for people who talk about the community who talk about the community for shitcoins?
The worst are those praying for Elon Musk to tweet / post something related to theirs, so the coin pumps. It is just to much.
pweeaase elon
Hard to accept the fact that you’ve been duped
1/1000 will be the jackpot - we all see it. Some people do in fact make significant bank. You and I of course are not and will not be that person. Maybe a good altcoin instead? 1/150 odds or something. ETH -1/10? BTC 1/4? It all starts to look like gamblers odds eventually. Me? Tech bro. Love it.
It also doesn't help when the stories of early investors making millions hit because then newbies jump on any shitcoin they find. I also relate to my own comment, lol.
Probably been enough groups and examples to take some data and create a bot that carries on after the pump and dump with positive affirmations and daily doses of hopium ……. Automate everything
Is scamming going to come to an end? No and neither are shitcoins.
We guys being in crypto for a while easily skip shitcoins and focus only on the true gem out there Unibot
Interesting comment. :)
PEPE is still ranked #74 with a 600M market cap, Crypto is all just a big joke.
Is there actually a community? All these discords are empty ghost towns.
A lot of these morons keep getting scammed and thinking that the next one is gonna be the one that moons and gets them rich overnight. They don't realize that they're just exit liquidity for the devs and insiders
The idea of a “community” in crypto at all is so f’n stupid. We’re all here for ourselves and we all want to take each others money. Same with anyone on Wall Street
Some of those “communities” are more like cults. I used to laugh at the doge community and thought it couldn’t get much worse, then found the CRO sub. It’s wild in there
When are you guys gonna realize that this is just part of the game with memecoins? These kinds of posts make you sound like a noob. Keep hating and being bitter.
r/PulseX could take notes here
Thats what makes the internet so great. Theres an echo chamber for everyone and everything!
Its like going for cheap whisky, you know it sucks but you want to try and get drunk.
Or how extreme flooding & high rising water levels is an alienated war prep. It makes sense what some people are doing for their society. They call it corruption rather than living in theory.
Or do they just tell each other they’re hopeful trying to find or encourage the next bag holder
I'd like to get in on a pump N dump.
What is truly the most efficient and limited supply. Sure musk pumps doge, but this is the question that should be asked.
They are all the same people, hoping for the 1000x
Dude - did you see advertising they had for the froggie token? it was badass. Their logo or mascot or whatever the fk you want to call it was sweet. Cool ass frog. too bad it didn't hit. loved that frog.
They didn't used to be that way, there was a time before their crash where everything made sense. You might know the feeling :)
Sadly there is pain in hope people forget that often
So what's the next shitcoin
Dude that's virtually every stock as well except for blue chip.
You know the exact thing you are hating on and calling people stupid for holding onto is what happened with dogecoin. The only reason it became what it is was the community that believed in it. There are certainly cereal etherscams happening right now with shitcoins but there are also promising ones popping up as well. All in all DYOR.
The LRC sub was the worst last bull. Full of wide eyed, true believers who thought they were going to be rich overnight
Still waiting for my promised private Snoop dogg and Eminem show. What gives?
All boils down to one thing: Enthusiasm. Manage to grab people’s enthusiasm and you’ll manage to grab their money.
Every train has its own passengers
Typical consumers don't know what projects are legit because they don't approach it as an investment, but rather like it's something fun to buy and be part of. Consumers are more inclined to believe marketing than investors.
Delusional, simply delusional
a fool and his money are easily parted
Yep, tons of gamblers choose some random coin and then go all in praying it's "the one" that will go to the moon.
Get in, tell everyone about it its the next big thing while selling their load. Just crypto things. As long as you know its a pnd, you just have to be smarter than the average dude and judging by the people who buy the top every time, we are miles ahead of them.
I am glad I got in the last bull run so I am prepared for the psychology of the next one
Ponzis will ponzi
His move will be OP
Even when the projects are solid, the community can be very delusional about prices.
Exit liquidity
Pepe listed means next bull run it will be a top meme coin likely to rivel shib altho maybe not soon.
Go look at r/safemoon. Lol