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/biz/ - Business & Finance

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57800751 No.57800751 [Reply] [Original]

I’ve been in crypto since 2015 and have never touched a shit coin in my life. Out of curiosity, when you buy a token about Trump or a dog what the fuck are you even doing? Do you believe your version of a dog or political figure creates value? I’ve never seen one shit coin thread where they talk about that makes it unique. It’s always some retarded Fomo angle that bashes you if you don’t invest. It looks like I missed “pepe” which is at 2 billion market cap. I also refuse to look up what it’s supposed to do and automatically assume it’s just pure retardation

>> No.57800771

>>57800751
Value doesn't exist, the economy is a successive series of successful scams.

>> No.57800778

you pretty much got it covered, it's just poorfags putting their $200 savings in and praying they can get out before everyone else, fueled solely by hype from this gamble. That's why they make little chats to spam the boards/threads all at once. The coins have too little value for anyone with any semblance of wealth to put money in or it'd get dumped immediately by the baggies. That's the event they're hoping for

>> No.57800803

>>57800751
Yes, I concur. It's basically penny stock mentality.

>> No.57800839

>>57800751

Shitcoins are a complete parallel market for people (degenerate gambles) to possibly become rich overnight. Shitcoins are so strong they are compelte parallel to bitcoin's bullrun cycles now

Shitcoins are at their top of popularity now which means soon fundamental projects will get more love as well as shitcoins dial down a bit

>> No.57800974

>>57800751
You're gambling on the developer and their team to be competent, efficient and generous. Do yourself a favor and never, ever care about it. I gave it a try and despite learning a lot its so much more work to try and navigate scam after scam just to find treasure when doing simple research on cmc for good utility is many times more easy, enjoyable and more profitable.

I'm deeply ashamed of myself for ever getting involved, but it was a necessary catharsis. Cured a latent gambling addiction I didn't know I had. The Gambler by Dostoyevsky pretty much captures the shitcoiner mindset extremely well.

>> No.57801017

>>57800751
Buy Linu. Its a memecoin, its a literal copy of Shib, it promises absolutely nothing whatsoever other than phat gains. None of that “utility” faggot nerds talk about. It just got listed on its first exchange yesterday and the more it gets listed on the harder its going to pump than it already is. 1000x is coming, see for yourself.
https://www.dextools.io/app/en/ether/pair-explorer/0xf7ef5352de45a20d8c8565cd94a4bd6c8831f749?t=1709392650747

>> No.57801018
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57801018

>>57800751
Funny dog coin go up.