BTC 150K, ETH 10K... and all that until the end of the weekend .:. Pay attention to small letters

in GEMS2 months ago (edited)

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How many times did you see titles like this? I mean, written "for real" and not ironically like I did... I see that minimum 2-3 times per day, and I don't follow these "crypto prophets" on the Internet at all! I do follow some market analysts, but none of them will dare to give predictions like that for such a short timeframe...

But, the Internet is a jungle, and you have to stick our somehow... And people like bombastic titles, which are selling them dreams, even if they don't have any BTC, ETH, or any other coin in question... They will maybe buy those coins, but when they hit the next ATH as this current price is too low...

I was talking about these things in the video, how should we react and be cautious when we read these kinds of "predictions"... Also, I have noticed some new trends in the "new coins" sell strategies... It looks that this time, the most popular word that will lure investors to new shiny cryptocurrencies is USE CASE! I'm not saying that use-case isn't important, just the opposite, it is one of the crucial components of every cryptocurrency and because of that, it will be the most buzzed word...

As always, pay attention to the projects that are trying to sell you unfinished coins... I like to call them "dream sellers", or "promise sellers", as they are doing exactly that... Write a roadmap in 30 min, and promise you to rule the world...

I have also shared my opinions about "all-in" statements, "the first of all" sayings, and other stuff... Check out the video...

Thank you for your valuable time,

~ph~


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I had the chance to live through the dot.com bubble and it is very interesting to draw some analogies with what we see now. There were a lot of shares that went to the moon just because of the idea that they were presenting. In the end the companies survived that had a viable business model and that managed to make some money.

It is a bit the same with crypto today. People invest into ideas but what is the purpose of an idea when it doesn't come into realisation and if nobody can actually use this coin? This is doomed sooner or later to disapear.

When we speak about use case, I think that we should all invest in Hive because the "experience" that Hive has is unprecedented in the crypto sphere. You can do everything with hive and in the long run when all the ideas are running out... things like hive will emerge..

When we speak about use case, I think that we should all invest in Hive because the "experience" that Hive has is unprecedented in the crypto sphere. You can do everything with hive and in the long run when all the ideas are running out... things like hive will emerge..

I would like to connect your comment with some recent events... I agree that Hive has the use-case, and it has "experience" (and also user experiences, that aren't always positive if we are looking to Hive)... + it has a community... So, we have more than 1 thing that CAN BE SOLD... The problem is that we aren't selling it good enough, but that's some other topic...

And about the connection... "When all the ideas are running out..." I have to admit that I don't like to see people flying from one to another shiny object (as it happens at this moment with new social media websites), but it looks that it's normal...

As that has already happened in the past with our old blockchain... Big hype, everyone came to it, create an account, did content creation, earn tokens.. and vanished when the price went down... After some time, some of them come back... after trying other projects which failed... So, I suppose that that will happen again, when "all the others run out"...

Right because of that, it ALWAYS pays off to build HERE when others are flying here and there, we are accumulating and making difference... New dolphins and whales are created... Blockchain is changing...

Sorry about the long comment :)

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I have to admit that I don't like to see people flying from one to another shiny object

I think that this is related to the reality we live in. People get so easily distracted and it's seldom that you see people persevere and try not to choose the path of least resistence. People join crypto because they believe they can get rich in a couple of days buying BTC... Success takes time to build and it's hard work.

It's true that after a while it can get difficult to motivate ourselves to go on posting every day here on hive and when something new comes along, we don't mind to get distracted for a while. In a way I also like to be distracted from time to time and try something new. On the other hand we shouldn't forget what our core business is...


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Most of the coin I learnt in last ICO has only one usecase:
"Exchange listing".

hahahaha... you are right! It was all about how to hit some big exchange and take some money from naive investors... :)

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