Crypto is basically worthless

You guys have fallen for the biggest meme since the tulip bulb craze of 1634.
I'm not saying that some of the underlying technology isn't useful, but an individual coin has no inherent value.

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Some do but yeah it has been overhyped, hell doge is worth billions. Even Mona Lisa that is timeless work of art is worth fraction of a meme coins and people still think it has room to go up and that it inevitably will

Some things never change

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Mona Lisa is in the "so expensive nobody can actually buy it" catgory.

interesting + original analysis

And doge is cheap cause it’s 5 cents each? lmao

pretty obvious. had some for a while, but found out that you cannot use Bitcoin for anything. Same with the others. The use is very very limited except being a gambling tool. At some point, people would get tired of the bullshit.

Crypto offers a new method of storing and transferring information. That is useful in the same way the VIN system is useful for keeping track of cars.
An individual VIN number has no value.

if there is no buyer it's not worth the price of the seller

bullish post

SOME is, but all that shit about medical records on the blockchain, that stuff will never happen. Who wants their shit open for anyone to read?

fascinating here's you're updoot

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>Some do
which? there's not one internet coin thats been adopted or used. all of this shit is just that, shit. you guys are such faggots.

Waow you mean car tracking on blockchain. Omg BMW partnership. Vechain was worth billions and they only tracked a few bottles of wine. This sir is trillions of untapped market potential. Buy buy buy

You people always come out the woodwork when crypto is in bearmarket but dont buy. Then when it pumps to new all time high you seethe and cope when you missed out again

Uber was making loss for ages, technology valuation is different from standard business as it takes into account future potential but yes I agree with you that hundreds of billions valuations for projects that can make few million in revenue at best is ridiculous
Coins like monero, xrp, one of the blockchains (eth, ada etc) can be successful in the future. BnB as it’s supported by exchange has value but yeah it’s entire value depend on how many people gamble on it so technically a casino

Same.

Not me. I want nothing to do with your magic beans.

at this point you're for it or against it. ive been making fun of it for over 5 years now. and when its up, all my friends:

YOU DONT KNOW WHAT YOURE TALKING ABOUT

DO SOME RESEARCH

THAT'S NOT HOW IT WORKS

USD IS GOING TO SHIT

EVERYTHING IS A SCAM THEN

EVERYTHING IS A PONZI THEN

PEOPLE DIDNT UNDERSTAND THE INTERNET EITHER

INFLATION IS BAD

etc etc etc


uber provides a product and service that a fat majority of people used. its name became a verb. you could ask anyone from age 8 to 88 what it was and they knew. crypto was none of this. it was no product or service, only dudes had it lets be real, and even people into it couldnt fucking understand it or explain what it was.

Dutchie here
Made it by selling tullip bulbs

Did you try to get rich from buying IP addresses in 1999?

>ive been making fun of it for over 5 years now
so you spent 5 years avoiding lifechanging sums of money and come here for a quick dopamine hit when things aren't going well (aka another good opportunity for you, not that you will take advantage of it)
nice work dipshit enjoy being poor

You are taking white or black stance. People got hyped into something they had no understanding about and couldn’t admit it to be the case. It’s classic psychology, we don’t want to accept that we are wrong and only read sources that confirm our views. As long as doge and other memes are in top100 you know entire space is valued based on hype and wishful thinking.
Sure we are still in overvalued category and use case is limited but will that be the case 10 years from now? Amazon also took some time to become what it is today, the entire concept of getting rich overnight is unfeasible in the long term as we can see today.
Bitcoin also has questionable valuation, should it be worth anything who knows. Stable coins with all the shade behind, high leverages etc. I agree that short term we may go even bellow lows of previous crash and stay there for a long time but ultimately some projects will achieve success.

BTC has a loooong way to fall.

>which? there's not one internet coin thats been adopted or used. all of this shit is just that, shit. you guys are such faggots.

exactly, its all crap. i hate these comments that say 'there are some legitimate use cases but...'

What is it about certain posts that makes their redditness so apparent?

Thank you, would you like me to give you a job? There is a space in McDonalds, you're gonna need it HAHAHAHA

>Uber was making loss for ages, technology valuation is different from standard business as it takes into account future potential

its called a bubble if loss making businesses are valued in the billions

i invest in things i believe in. i never believed in internet coins. and i was right. you speculators got the price up, but i was right. this shit did nothing and had zero adaptation.

>Amazon also took some time to become what it is today
amazon provides a service and product that hundreds of millions of people use every day. amazon became a verb in billions of households. internet coins do not do this and are 1/7th century old.

ya no shit you fucking moron. its not different then me making 1 million coins and selling them saying they are rare.