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Author Topic: Optimism got hit hard  (Read 230 times)
popeye95
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June 11, 2022, 06:08:39 PM
 #41

Don't know why people buy anything but BTC.  Grin
More like why would anyone buy a relatively new altcoin when the market is in the bear mode and every time BTC drops its price, that altcoin is more likely to drop further. Worse, that new one doesn't have a strong support base yet (new, remember?) so it is also more likely to get hit harder if fud/bad stuff happened to that altcoin which in this case, Optimism hacked.
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June 11, 2022, 06:12:53 PM
 #42

Don't know why people buy anything but BTC.  Grin
More like why would anyone buy a relatively new altcoin when the market is in the bear mode and every time BTC drops its price, that altcoin is more likely to drop further. Worse, that new one doesn't have a strong support base yet (new, remember?) so it is also more likely to get hit harder if fud/bad stuff happened to that altcoin which in this case, Optimism hacked.
It's definitely too risky to buy new coins during bear market conditions because it's not clear what the future of the new coins will look like,
it's like a gamble and if i may suggest it is better to buy top coins which is not too risky,
but again everyone has their own decisions and most importantly they are responsible for their decisions

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June 11, 2022, 11:38:53 PM
 #43

Another useless L2 there are so many L2 exist in the market. The price of this token may always go down soon.  this day another dump was hitting the price of this token. L2 was just a common thing. There's no something special with it other than hype and free token from the airdrop.
Im sure that if people will be rarely using this blockchain anymore in the future. People very like to gamble with the new thing like this even when they know that if it's not worth or very risky decision.

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June 11, 2022, 11:54:11 PM
 #44

..Optimism token that looks like a good one to hold for long term ..
It is only a look-like, doesn't mean it is good enough.
Sometimes, hacks in the crypto world can make a certain project dead, moreover if the developer team cannot overcome the problem and make any progress and development. It seems to be a dead-soon project. Like BP also had similar cases, having very dropped and crashed price because of hack problems. In this case, the team cannot solve the problems and the price keep crashing, maybe this can be a dead soon project. Sadly, I have the token and I have no hope again for this. This may be the same as your point, of that token. Just let it be and make a lesson from this experience. It is better to invest in top coins only, moreover only on Bitcoin as the main choice.

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June 12, 2022, 12:01:37 AM
 #45

Now I am confused, Optimism token that looks like a good one to hold for long term has been hacked and this caused a 20 million dollars tokens stolen, the more I plan to grab some.new projects the scary it keeps getting, I mean what's all these for a new project like Optimism .
Don't look at the possibility that this project will give you a profit but rather think this gives you losses as this project seems nothing to add and value in the market. Don't get surprised of seeing this to a useless project and this really gonna happen to them. And besides, I'd never find any reason to see its price rise, it was indeed a dying project like no different from other shitcoins.

I think you need to accept the fact that Optimism has no future and it was only created for scam purposes.



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Rainbot
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June 12, 2022, 03:13:58 AM
 #46

Now I am confused, Optimism token that looks like a good one to hold for long term has been hacked and this caused a 20 million dollars tokens stolen, the more I plan to grab some.new projects the scary it keeps getting, I mean what's all these for a new project like Optimism .
This is something which happens quite frequently, this is why it is very important to take a good look at the developers behind a project before you decide to invest in it, there are many hackers which are incredibly capable and if they find any mistake in the project then they are going to take advantage of it and steal as many coins as they can, this project is now dead as it is almost impossible to recover from something like this, you did not specified if you invested in the token or not but I hope you did not, so you could avoid to lose your capital over the ineptitude of the developers.

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June 12, 2022, 09:24:57 AM
 #47

Another useless L2 there are so many L2 exist in the market. The price of this token may always go down soon.  this day another dump was hitting the price of this token. L2 was just a common thing. There's no something special with it other than hype and free token from the airdrop.
Im sure that if people will be rarely using this blockchain anymore in the future. People very like to gamble with the new thing like this even when they know that if it's not worth or very risky decision.
Optimism is a very good level 2 solution.
https://l2beat.com/

https://currency.com/optimism-op-price-prediction
"The OP token is used to fund third-party development proposals and integrations on the Optimism L2 chain, via the Optimism Collective decentralised autonomous organisation (DAO). While any OP holder can partake in governance, Optimism Collective recommends delegating your tokens to a predetermined set of delegates, who will use your voting power accordingly. You retain 100% ownership over your tokens when delegating, and can switch delegates at will."

This is a funding token, the security of the ecosystem has not been affected.

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June 13, 2022, 03:48:00 AM
 #48

Now I am confused, Optimism token that looks like a good one to hold for long term has been hacked and this caused a 20 million dollars tokens stolen, the more I plan to grab some.new projects the scary it keeps getting, I mean what's all these for a new project like Optimism .
tips dont buy opti on this market status buy it soon if btc sign bull market . Ilove opti for the future token fast transaction and low gas fee but ididint buy it now beacuse of bear market status iwill buy opti soon not now

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