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You’re not alone. Seeing the comments flooded with “buy the dip” or, God, “diamond hands” makes me cringe every time. They get so offended when you call cryptoc
by uncomputation 5y ago
You’re not alone. Seeing the comments flooded with “buy the dip” or, God, “diamond hands” makes me cringe every time. They get so offended when you call cryptocurrency a cult or Ponzi scheme but they make it extremely difficult not to. This is from someone with financial interest in a few coins but I’m not ready to die on any hill for bragging rights. I wish they would just admit they want capital gain and call it a day
- celticninja 5y agoThat's probably the worst aspect of crypto communities. Early in BTC the talk was about the tech and possibilities, trading/selling goods for BTC. Those sort of comments you mention started creeping in, but now that is the mainstay, in every individual crypto community. I dont care that they are speculation vehicles, but pretending you are changing the world just grates. And the constant calls to HODL, which used to be humourous, are now just so much propaganda.
- matheusmoreira 5y ago> Early in BTC the talk was about the tech and possibilities People who care about that have already moved on. Bitcoin has failed in that aspect, only speculators still care about it. The fact it's still the number one coin despite the existence of coins with better fundamentals like Monero and Ethereum is proof of how irrational this market is.
- thehappypm 5y agoSo true. I wish that the Bitcoin community had seen that fundamentally BTC would only become inequitable as it grew. If early adopters knew that it would eventually reach $50,000, they would be billionaires, and that it would be used far more as a Ponzi scheme / bubble than for anything useful, I think they'd be more horrified than happy.