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52812721 No.52812721 [Reply] [Original]

Did people talk in 2018 how crypto is a ponzi and there is no real use case?

>> No.52812731

>>52812721
literally every bear market

>> No.52812736

>>52812721
yes sometimes

>> No.52812746

>>52812721
yeah but i've never seen in like this. this is the first time that crypto has actually penetrated the normie sphere on a massive scale. 9/10 people who you ask have atleast heard of crypto, in 2018 i estimate this ratio was more like 2/10.

>> No.52812747

real use cases and ponzis just didnt hid it, and said straight out they are ponzis

>> No.52812764

>>52812721
There is no use case.
People could see the scam even then.

>> No.52812810
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52812810

>>52812721
Crypto IS a ponzi scheme, please don't tell me you fell for the fundamentals and tech meme

>> No.52812829

>>52812721
lmao yup and those people are still waging to this very day

>> No.52812850

>>52812721
>>52812829
if anything this time ive noticed that while plebs all still think this the more serious and financially astute adults I know seem to think it has staying power now which makes me kind of bearish

>> No.52812855

>>52812721
Yes
and in 2014, too.

I don't want to act like I can predict the future, I can absolutely be wrong, but thus far there is almost nothing different about this bear market VS previous ones. (of course, past doesn't predict future)

>> No.52812891

>>52812764
this is correct, and those of us that made money sold then knowing it likely would never be able to do 50x or 100x for us ever again -- and it hasn't. just because you can see the scam doesn't mean you don't make money off of it, you just have to assess how many greater fools there are out there to come take the bags.
this time there aren't any left, simple as

>> No.52812936

>>52812829
this is cope
>>52812850
and this is the mere reactionary contrarianism that a toddler is capable of
folks these are your free online investment advisors to the "defi" world kek