Countless Telegram Mining Apps - Crypto Adoption or Devaluation?

[Altcoiner007]

Well, I don't think they cost money from all I see. Just the time engaging in the mining activities as they require tapping as frequent as the user possibly can.

yes thats why i said this trend doesnt cost any money unlike meme trend which people need to buy token to get profit.

   I don't believe in telegram mining apps, to be honest; most of them are just a waste of time, so instead of wasting my time on that, I'll just spend it doing trading activities on the exchanges instead.

   But the adoption of cryptocurrency on Telegram is fast because there are many communities that are really looking for extra income in the crypto business industry, so there are also many victims of exploitative people.

i dont believe too or atleast half believe but i can see this is start of a trend in this bull cycle like solana memecoin we experience earlier. Also not much time wasted as it is automatic like idle game while for trading i have a bot running

The problem is that the mining apps do not onboard new people and provide zero education or something. Also, the TG has its own ecosystem, so I think it gives almost zero value to the space.

Well, for some who are curious about learning get to learn one or two things about they space because most of the folks get to learn how to use the exchanges to trade the tokens they eventually get. Although some still find a way to lamely transfer to another user directly for fiat just to avoid having to use an exchange.

[Reatim]

The hype from NOTCOIN was so loud that a lot of people joined crypto and became experienced overnight.

That person is a very bold one. Some people were exposed to bitcoin first but it took them a really long time before they finally accepted bitcoin and crypto and it took them even longer to actually understand how it works. For someone to be introduced to cryptocurrency through an altcoin and being interested right away is quite impressive.

I met someone and he was telling me how they’ll get money from tap swap (which started gaining popularity as well) on the 30th. Telling me he has millions of the coins, I had to elaborate to him that it’s not the coins but he was getting shares which will have a swap ratio in the end, and that he wasn’t getting any actual money on the said date. Though not very defensive, he listened. The average new person is unlike him, they’ll argue with you who has been in the community for much longer and talk like they hadn’t joined the crypto community last week.

People are hard-headed and that’s why a lot of them never truly understand crypto because they just believe whatever kind of information they already have. I believe in an investment one especially in crypto, you need to be open minded and humble.

[oktana]

The hype from NOTCOIN was so loud that a lot of people joined crypto and became experienced overnight.

That person is a very bold one. Some people were exposed to bitcoin first but it took them a really long time before they finally accepted bitcoin and crypto and it took them even longer to actually understand how it works. For someone to be introduced to cryptocurrency through an altcoin and being interested right away is quite impressive.

Impressive? I think you didn’t get what I meant. I am trying to explain how they got in through altcoin that was hyped so much, and the next minute they sound to you like they are experienced and have known about cryptocurrency for so many years. So to me the problem is that ego whereas they really don’t know anything and if we’re for the hype, they wouldn’t be here in the first place.

[muncuss]

The problem is that the mining apps do not onboard new people and provide zero education or something. Also, the TG has its own ecosystem, so I think it gives almost zero value to the space.

don't think so. I have referred some people who pretty much never setup a wallet before. And as they play they will ask how to withdraw where to sell and slowly they will know other thing too. Gonna start somewhere

[Belarge]

don't think so. I have referred some people who pretty much never setup a wallet before. And as they play they will ask how to withdraw where to sell and slowly they will know other thing too. Gonna start somewhere

We probably going to be successful in the space when we adapt to strategies that's eligible for our massive growth. We rise by lifting others, knowing the exact sectors to anticipate and following legit system. Telegram mining apps are legit but not all because it's very tricky, the ones we looked as scamming projects are the actual ones to make figures on our ends. Knowing the basis of the system is not challenging, we just have to stick to finding out new directions about the system and also knowing what's best for everyone.

[beerlover]

The success of NOT coin, a telegram mining token, has led to a surge in participation of younger individuals in my community and online who have little knowledge of blockchain technology and cryptocurrency. It's both exciting and concerning to see them jump into mining tokens on telegram without any understanding of the technology behind it. Some seem more interested in quick profits rather than learning about this growing industry.

Their constant questions about when mining will end and how to sell tokens make it seem like blockchain cryptocurrency is just a way to get rich quickly. While I initially saw these trends as a positive sign of crypto adoption, I now worry that it's diminishing the value of being known as a legitimate crypto investor, as more and more individuals claim to be involved in cryptocurrency without truly understanding it.

This is how the trend world works, I remember when pancakeswap first came out, 100 of the same thing came out too, and their github was public so people literally did exactly the same with just a few graphic changes, like logo and colour, and published basically the exact same thing. Some of them even got big for a while, and they made some money for some people, but in the end most of them were just trend chasing projects.

Same is going on with meme projects, everyone is looking for ways to create shitty tokens that are just memes, and hope to make some money from it. All in all I do not think that we are going to end up with a good result, but the logic is quite common, notcoin made some money and everyone is trend chasing it now.