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Ask HN: Significance of “8” or “88” in cryptocurrency/NFTs
Can anyone explain why 8 seems to be a recurring price and/or theme in all things “crypto.” From NFT prices 8 or 88 or 88.88 to “crypto” related domain names being priced in usd $8,888.88.
At first I thought money laundering (keeping transactions below $10k), then I thought maybe there is something to it meaning or representing wealth in China sort of like a lucky number...now I’m just under the impression it’s got to be a meme - like the egg meme as it relates to crypto - coming from telegram/discord channels.
- creepto 5y agoNazis love crypto. 8 is their favorite number.
- throwaway81523 5y agoFirst thing I thought of was 88, as in 1488. See: https://en.wikipedia.org/wiki/Fourteen_Words https://en.wikipedia.org/wiki/Fourteen_Words I'm not into cryptocurrency enough to have any idea of whether that's the real origin.
- tdeck 5y agoNot sure, but 8 is certainly considered a lucky number in China. House and phone numbers with 8 in them are supposedly favored by some Chinese people, e.g. https://list.juwai.com/news/2020/06/chinese-pay-attention-to-numbers-when-considering-home-purchases https://list.juwai.com/news/2020/06/chinese-pay-attention-to... (I'm not familiar with this source but there are many similar articles)
- ixacto 5y agoGoogle owns 8.8.8.8.