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A lot of cryptocurrencies are part of projects that I believe in. I see the code, see commits, discussions, details of the project being used in the wild. I don
by andirk 4y ago
A lot of cryptocurrencies are part of projects that I believe in. I see the code, see commits, discussions, details of the project being used in the wild. I don't blame the people behind the project for ridiculous fluctuations in their coin's price or blind hysteria in the space.
Bitcoin's project is that it's a collectible with limited supply.
- imtringued 4y agoStrangely enough RAI doesn't need to be excessively volatile. It just happens to be the least volatile cryptocurrency in existence. I wonder why that is...
- tigeroil 4y agoThing is, the market doesn't care whether or not you believe in the underlying asset. The difference is that when you buy shares you're buying shares in a company that actually produces something, and those shares usually pay dividends. Buying crypto because you believe in a given project is the same as buying a beanie baby because you happen to like the particular appearance of said beanie baby.