Another one bites the dust
- Thread starter guest_trader_1
- Start date
amazingly stunning wealth destruction. Almost like it really is a ponzi scheme.
Remember when you “bragged” about Spanish cuisine…..
well that is something that I cannot take credit of. That's why we brag about it, someone else's made it.
what you lack….
.savy move. It is all about making money. Short or long.
Lmao exactly, who better to short crypto than someone who specializes in it?
Yield farming was clearly a scam. It's a shame they did it with crypto and not dollars.
This industry is so hard to get your head around bc 90%+ is prob vaporware with no real use case (and hence no real future), but the other 10% can change the world.
We really need to normalize bitcoin vs crypto. Totally different things IMO.
It's really not dissimilar to the Internet in the early days, the internet was a big deal but 90%+ of the companies went to 0 (looking at you pets.com). A difference is this time you can actually buy a piece of the base layer "internet" (bitcoin) instead of speculating which apps (website/alt coins) will survive.
We really need to normalize bitcoin vs crypto. Totally different things IMO.
It's really not dissimilar to the Internet in the early days, the internet was a big deal but 90%+ of the companies went to 0 (looking at you pets.com). A difference is this time you can actually buy a piece of the base layer "internet" (bitcoin) instead of speculating which apps (website/alt coins) will survive.
This is all exactly correct. It was also similar with automobiles like it was the Internet in the 1990s. The concept is sound but 98% of the startups crash and burn. People who can't see the differences get left out.