/biz/ - Business & Finance

life is suffering

>>58469694
"Utility alts" were a mere transition phase to arrive at picture meme coins. Because they don't pump based off their utility, but rather on the exact same kind of retail gambler's speculation as meme coins do. How many times does this need to be explained. The top brain in your jpg isn't even talking about utility alts, its talking about bitcoin. Altfags snubbed their noses at bitcoin just from assuming they were "too late" and they were greedy enough to want to be closer to the absolute ground floor of some new token, which is why their utility alt of choice was created in the first place.

"Utility alts" were a mere transition phase to arrive at picture meme coins. Because they don't pump based off their utility, but rather on the exact same kind of retail gambler's speculation as meme coins do. How many times does this need to be explained. The top brain in your jpg isn't even talking about utility alts, its talking about bitcoin. Altcoiners nihilistically dismissed bitcoin just from assuming they were "too late" and they were greedy enough to want to be closer to the absolute ground floor of some new token, which is why their utility alt of choice was created in the first place. When people starting doing that it gave others the same idea, and that only intensified over time as it became easier to do. And it merely became more honest as altcoiners exchanged notes amongst themselves and collectively wised up that fundamentals for alts were not real, so might as well go for memes. A utility alt narrative which isn't true, is the same thing as a meme.

Glad I could help.

Should have bought LINK 6 years ago

>>58469694
The problem are two things, the huge unlocks that often are still going on and resulting from that the narrative that utility coins are bad, eighter you buy l1 coins or memecoins not utility coins that's the narrative

>>58469694
At some point you have to accept that a decentralized ledger that gets written on everyone's computer and can only be added to by finding certain prime numbers isn't really that impressive or useful. It's just kind of interesting.

>>58469694
gary is literally 120% on killing crypto and they are succeeding as we speak....

>>58469694
keep waiting
if theyre good projects theyll pump
this shit happens literally every fucking time

>>58469800
you typed a lot to say absolutely nothing
>memecoins are the true end stage of buying utility alts
is just a meme phrase that midwits who think theyre at the end of the bell curve love to parrot

Coisa de louco kkk

>>58470273
I said something, you're seething and projecting. Have fun floundering in the dark liminal space you inhabit, wondering why your narratives aren't going anywhere. Your "utility" alt is fake and gay, and I've also been in crypto longer than you and have more wealth.

>>58469694
because regulations dont exist in the crypto world, remember? wasn't that the whole draw of crypto currencies? that they'd be no regulation and no centralization. This means anyone could make up a shitcoin, lie about it, and profit massively off of it. If you did that in the real world you'd face jail time instantly.

>>58470611
dunning-kruger effect
just get back in your shitcoin thread

>>58469694
This. My QAN is dumping. My PYTH is dumping. My FIL is dumping, I'm starting to lose hope.

>>58469694
I was you up until April 1st when I saw Apu rebound and hit new ATHs, that's when I knew the entire Crypto market was a Meme all along. I should have realized that back in 2021, 2022. Sold off my 2016 utility tokens and went all in on Apu. Had I not done that my portfolio would have continued to bleed instead of seeing a 2.5x right now.

>>58471059
Going all in with your $10k folio doesn’t mean anything though.

>>58469924
>58469924

>>58469694
Same way they pump they might dump too, always remember to hold good alts. Am not dumping any of my QAN for memecoins

>>58472033
>finally a post of someone holding QAN
Thanks for giving me hope, anon. Even when I mention it, it gets ignored. It's dumped so hard since I got some but I have hope, and I am planning on buying more.
It's not over right bro?

But the pepe is wif food on head

>>58469805
Comfiest hold in my bag, it's unfortunate most folks thinks it's over for link, gonna melt faces, same vibes with Nai - major potential there too

>>58471025
>I'm starting to lose hope
i care what you think anon

>>58469805
I don't hold link for no reason, I need to recover from a very huge scam

memecoins dump to 0, good altcoins dont. You might miss the bullrun but at least you're not losing all your money

>>58469694
>he fell for the "smart" bags
Haha we all did it at one point. All of my worst holds were great projects with "strong fundamentals". Fuck that

>>58474888
>good altcoins dont
Yeah they do, "good" projects collapse too. And then you realize they weren't good, but that's just hindsight. You don't get the full picture when you're buying a shitty microcap, you only know what you're told and what's visible on the chain

>>58469805
Comfiest hold in my bag, it's unfortunate most folks thinks it's over for link, gonna melt faces, Same vibes with hydro - major potential there too!

>>58474900
im talking now established alts which are not going anywhere, like ADA, LTC, Cosmos, LINK, KAS, GRT, etc. These are not dumping to zero anytime soon. Meanwhile your memecoin #384392 can and will go to zero, unless its already established like PEPE or wif

>>58474967
>ADA
i see more potential in grt more than ada, its the least performing alts in my portfolio rn
pepe has been performing so well, glad i got in early.
>>58474911
Still in the red from the dip, but this content monetization gem is primed for a huge comeback.

>>58469694
The only logical explanation is that you bought the top when uou should have bought the bottom

>>58469694
hi OP....
what is your idea of Utility?

>>58469805
ever heard of the proverb talking about the time to plant a tree? well, now's not the best time. i'd avvise you take it slow and steady.

>>58475063
i see a lot of people earning big from content monetization...
might be the next breakaway niche in DeFI

>>58474911
Hydro has a real world use case targetted at getting the better of adsense and others. the vibes are bigger IMO

>>58471025
use the remaining money you got left to buy a roap and end it all.....

>>58469800
okay sherlock holmes

>>58475369
monetizing with Adsense can be real frustrating. i started blogging 6 years ago but abandoned my page because of the dificulties i faced.

>>58475369
The gem be like the Pepe of the internet game, revolutionizing content writing on a whole new level.

>>58469800
>"Utility alts" were a mere transition phase to arrive at picture meme coins.
This is partially true, but in that respect Bitcoin was also a transition phase to alts.

I agree with you that alts provide very little utility. There is a SMALL amount of technological innovation in alts, although most of it is just technoblabble hype. Which, by the way, is not significantly different from the actual tech economy (or the economy in general). People get hyped about AI and all of that bullshit, but all of the cherry picked demonstrations or pretend-resignations by senior programmers are all the orchestrated drama to make people think the tech is useful (and generate stock appreciation). Everything is fake in this economy. Everything is a scam. It's not limited to utility alts.

Where I disagree is that somehow Bitcoin represents a unique divergence from the general rule of everything being fake. There is nothing separating Bitcoin from any other proof of work chain other than history. So when BTC maxis try to say that no other chain matters, what they essentially are arguing is to pump their bags. I do not personally know anyone who is a BTC maxi who is NOT also significantly personally invested in it. What does that show you? It's just an older, wealthier version of the same ponzi you see in every single crypto.

So to be a BTC maxi is the same as saying "pump my bags". So it is natural to see others attempt to do the same with coins that THEY control. Why would I pump YOUR bags when I could have big bags of my own in a different coin? An early PEPE investor made multiples more than virtually everyone in crypto except maybe 2010 BTC insiders. Many people will naturally chase the highest returns.

>>58469694
>just endlessly bleed to death.
Kek, everything will bounce back
Utility is key
>>58475783
they handle monetization, while publishers focus on content

>>58469694
Yeah , you have to realize that youre trading against brown, illegal, tax dodging, negro worshipping 90 iq zoomer uber drivers now and trade accordingly. It is what it is. I wouldnt kill yourself over it but definitely get a gun because a lot of these people flex all over social media so if they ultimately end up winning... well... you can figure that last part out

>>58475553
Their rules, cpc ratio and a lot of other stuff just makes it frustrating to keep up with, not to mention the ads

>>58474911
the hype for me is that it's got something to do with depin which is as hot as a thick asian girl rn

>>58475965
>depin
so many areas are being neglected
dyor
>>58475553
Never touched AdSense myself, but hydro seems way more lit. It's all about creating better strategies and passive income for its users.

>>58469694
Rip utility and product

>>58475935
Why did they go for sui out of every other chain tho?

>>58476060
How's it neglected? It's one of the most talked about narrative right no, good for them that they're trying to pitch a tent there

>>58476064
Projects with real life product like Hydro Online will do well irrespective of the market sentiment

>>58476060
An idea of ads free internet is good and it would be great if they could pull it off with their new concept of digital monetization

>>58475553
Making money from Adsense was easier six yrs ago, so I guess blogging wasn't just your thing.
And I believe that you could have tried out other monetizing platforms or better still, sell products

>>58475959
The more people that join their platform the lower the revenue, so instead of blaming them look for other platforms with less publicity and get on it

>>58475331
Arbitrage trading bot has started trending too, I use AAS and the profit is quite good

>>58469694
retard if you want projects with fundamentals buy stocks why the fuck would you buy crypto

>>58476060
It's like the dream of actually getting paid for shitposting finally coming true.

>>58476410
It's possible because they use blockchain tech which provide transparency in how revenue is generated and distributed, this builds trust between creators, viewers, and the platform itself,

>>58476267
reading is a hard task for most people
read again!

>>58471025
I will gladly buy your bag of QAN

>>58476079
Sui is like the new hotness in blockchain land, transactions are secure and faster than a F1 car, plus creating Dapps and smart contracts is easier.

>>58476954
Kek

>>58477563
WAGMI

>>58469694
crypto is the proof we all needed to understand why we shouldn't let poor people, kids and niggers into finance.

>>58469694
They might dump too, always remember to hold good alts. Am not dumping any of my RWA for memecoins

>>58477906
Kek too early for them to boom now. But rwa tokens like DUA and NXRA are the things that will actually boom this cycle and the cycle after the next cycle

>>58469694
I feel you. I'm holding onto my QAN bag too. Screw it, I'm in for the long haul.

>>58469694
It's crazy how ranjeets prefer to boy frogs and cats and dogs than coins with solid utilities and use cases like decentralized physical infra and real world assets. AI is also cool. The whole crypto world is fucked - and it is all about the fucking money.

>>58477563
Should I buy another $1200 worth tonight? Seeing three responses including one telling me to rope has reignited my hope.
Also why are captchas so fucking awful lately?

>>58474967
>im talking now established alts which are not going anywhere, like ADA, LTC, Cosmos, LINK, KAS, GRT, etc
You know what would've been on that list not so long ago? Luna