What's wrong with you people?!

[Clement Kaliyar]

This is a free market. Anything that has no value behind it except speculation will eventually disappear, but don't you worry about the future of cryptoland. Digital currencies have already become a commodity that the world cannot function without.

The most attractive aspect of the crypto market is that it is a free market and no one is controlling it,i think as times passes by there will be rules and regulations that would monitor everything and till then you can do everything in your power to manipulate the market and make the maximum amount and that is what people are doing for the past few years.

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[XbladeX]

***anyone can be an investor. Not just someone already rich or someone accredited.

***

lets face it this is not about investing this is PURE gambling now.
Name me REAL USE cases for top 10 crypto cut off BTC  ?
ETH for me is fuealing ICOs but besides that it is not used.

I have made math and ETH/BTC are mining 1/6 value of GOLD now.
Those coins mine MORE 2x more fiat than silver is valued.

Where we are ? Why some people are reapiting that crypto is undervalued ?
People complain that Microsoft is like 250mld while crypto is 1/4 of it ...
but Microsoft have office have  true workers on all world almost all people use its products
OS  , Xbox , office.... microsoft heave earnings.
We in crypto now are producing ponzies.

Lets take bat... people thrown like 10 000 BTC : ) on project...
now that project with delivered whole 0 is rated 60 000+ BTC - HOW THE FUCK ?
In crypto people are complaining at FED but hey look what we are creating ?
we have user activated FED2.0 .

It will end bad for many people more it will rise more time it will recover over time.

[Nougat]

Can you imagine the levels of inflation, which digital currencies can create? The great depression, Zimbabwe's inflation and housing bubble combined will look like a jokes. Maybe this was the idea behind Bitcoin. About 45 years ago Nixon ended convertibility of US $ to gold and it appears that after several years banks will "back" their fiat money with... Ripple or BallsCoin.

But hey, making money is a good thing, right? Enjoy the ride! 

You were so close to the right answer but it is not blockchain that is causing inflation of fiat, it is central banks that continuously expand the fiat supply.   Blockchain just happens to be the single best sink for this inflation (see Gresham's Law) but the world is just barely starting to realize this.   As this trend continues enormous fortunes will be made (and lost) as wealth is transferred to various blockchain products (and between existing and new products).  

[mining1]

***anyone can be an investor. Not just someone already rich or someone accredited.

***

lets face it this is not about investing this is PURE gambling now.
Name me REAL USE cases for top 10 crypto cut off BTC  ?
ETH for me is fuealing ICOs but besides that it is not used.

There's a thing you and 90% simply cannot comprehend. Ethereum is a PLATFORM on which people / organisations deploy dapps, wether or not they have their own token. So yes, one of ethereum's killer apps is the fact that people can start their own startups on it.

Ethereum works and there are hundreds of working projects on ethereum. Yes, you will argue that most of them are useless or simply don't need a blockchain, and i will agree. But what do you expect ? Dotcom bubble was full of failed startups too, look where internet is today.

And ether is used to fuel dapps, so there's high demand for it. But the price to deploy these dapps was trivial because ether was cheap, that is why optimising the client / cost wasn't a priority. And that will happen with metropolis. Because ether is not cheap anymore and people complain it is getting expensive for dapps. If there were no apps / dapps / usage then there wouldn't be people to complain, right ?

People complain that Microsoft is like 250mld while crypto is 1/4 of it ..

Mcap is not THAT relevant in the "real world" aswell. Tesla had higher mcap than ford, and not even 1% of their production. It's just that people speculated on it. Yes, you can argue that tokens aren't shares, but keep in mind that, unlike with real world regulated assets, in crypto everyone can "invest" even 5$. You cannot do that outside crypto, not really.

[Ucy]

Can you imagine the levels of inflation, which digital currencies can create? The great depression, Zimbabwe's inflation and housing bubble combined will look like a jokes. Maybe this was the idea behind Bitcoin. About 45 years ago Nixon ended convertibility of US $ to gold and it appears that after several years banks will "back" their fiat money with... Ripple or BallsCoin.

But hey, making money is a good thing, right? Enjoy the ride!  

You were so close to the right answer but it is not blockchain that is causing inflation of fiat, it is central banks that continuously expand the fiat supply.   Blockchain just happens to be the single best sink for this inflation (see Gresham's Law) but the world is just barely starting to realize this.   As this trend continues enormous fortunes will be made (and lost) as wealth is transferred to various blockchain products (and between existing and new products).  

" As this trend continues enormous fortunes will be made (and lost)''


And critics happen to ignore the hugh loss  Investors suffer. They focus only on the profits. Isn't it crazy how the human mind work. Everyone subconsciously feels good when ordinary folks are suffering but becomes uncomfortable when things go well for them.

This reminds me what happened between Youtube & youtubers. Most YouTubers were making a hell lot of money from their videos ...elites who couldn't make good videos become too jealous and pulled out most of their companies from advertising on YouTube under the pretext that videos aren't sutable for children. I bet they now enjoy watching  youtubers complain of not making good money anymore.  

[RewFrew]

My heartbreak and sad story involves NOOB accounts that quote me with a 1 liner snotty remark.
I have been choking them down and scrolling past my own comment quoted for years.  

You think you are clever little shits ?
I seen 1 million of you say the same thing 1 million times before and replied to them all 1 million times already.

Line up and i will take each and every one of you down at the knees all day and all night.
I take all comers.

Don't pretend you are smart kidiot investards.. BE smart !

So ?

Recap Time.. is this a topic on Spoetnik's feelings ?
No ?
Aww bummer.
Hmm what is it about then ?
Gee too bad there isn't any way to figure that out huh ?
Oh well.. screw it.

You know what most peoples saying when angry are....: Words of  projections from themselves.

Peoples had a life before creating a new account there.

An advise, but thats something nearly impossible for someone like you who thinks hes so smart and cleaver: u cant slow down your emotion and relax, you are already phucked inside your brain with bad feelings,paranoa, pressure...

IF you are smart enough, start by yourself and calm down your inner world.. but its nearly impossible to do for someone like you. and in case you are really very smart and you wanna calmdown your inner world, its gonna take years.

So you like many choose the easy way, and scream averall: zzzzzzzz i'm the man, i'm the wiseman, but you are just so depressed.

[Adelajda]

@spartak_t i agree with everything you just said,i am not sure how bad it might be in the case of inflation but as long as it will reap us the profit in a short amount of time ,i am more than happy to spend time and invest in competing new markets,these sort of wealth accumulation was not possible earlier and may not be possible five years from now,as long as we could make it,lets enjoy the ride.

[eaLiTy]

snip 

The crypto market is really crazy to be frank,first i neglected it then i had to embrace it because of the potential it has,as OP said people who invested a small amount of money in the beginning could makes millions and what better investment do you get else where,i am into stock market and i had to switch my entire focus to this platform because of the profit you could make at a very short period of time,lets enjoy the ride .

[Wapinter]

I believe so much ICO will kill the market and after fw days we will have no ico getting even a single satoshi.Now we have ico for everything and surprisingly they all get funds

[kalisto]

the ico trend will reverse when all those ico escrows start releasing funds and teams are gonna cash in their crowdfunds.

[densuj]

the ico trend will reverse when all those ico escrows start releasing funds and teams are gonna cash in their crowdfunds.

Yes, unfortunately there are not valid escrow (there are no valid rules about the escrow for Ico funds)
that manage between the investors of Ico and developers of ico, the developers of ico can run out with the funds of investors. In my opinions actually the Ico is dangerouse although not all of them, at least it is high risk investing in Ico.

[European Central Bank]

Wether or not this is a bubble is irelevant. You are stupid, and that's a fact. Dotcom bubble was a huge leap forward for the humanity. And who benefited from this leap forward ? Well i tell you who, NOT the average citizen. Blockchain technology is for everyone, anyone can be an investor. Not just someone already rich or someone accredited.

If this is a bubble that will change the world the way IT explosion of dotcom bubble did, then why shouldn't the average citizen benefit from it ? THINK ABOUT IT.

it might follow the dotcom bubble closer than we want in that the ideas will continue, but the projects that introduced them will all die. people should be planning to lock in gains just in case.

[juicejoyce]

Ride the train as long as possible, but do not forget to lock in profits now and then  

It can't agree more with this suggestion. I will always try to book the profits now. For example, if the coins pumps X2, I will sell a half of them to get back my investment. Then, I don't worry about the crash and in most cases, another half coins can bring me much profits.

[jubalix]

btc,eth,nem,ltc,ppc are solid coins

even XRP to some extent, though not really a crypto.

its not so much how the hell is this going up, its more of a a way to unmask the hyperinfaltion via debt issuance we are in at the moment.

Don't believe me, look next door, how much are houses now versus income?

Its was 3x in the last 5 years or something more, over 10 years 10 x, since we left the gold standard, 100 x or more.

The endless debt issuance, has forced low interest rates, and the main govs have no where to go.

They cannot increase interest rates because they will put 20~30% of their massively indebted into the streets, which will mean civil unrest at best and the gov of the day will lose power.

But money printing is free, extra zeros are free, the gen pop does not get it and I mean gen pop, locked into this foucault carceral of the debt/social media/jobless education circle.

It used to be we were given bread and circus's, 

we are now we the circus and debt is out bread.

Then comes in BTC.

100B combined mkt cap ex nihlo as far as the uniformed can make out,

truth is, its been done now, value can only be wrested by reason, or at least choice and trust can be generated without trust needed to be returned.

we are seeing now a mechanism to unwind all the errors, waste, of the last 100~50 years, plus and entirely new system of being able to do things.

It so revolutionary, its hard to grasp the multifaceted implications.

One is though BTC is not exploding, rather its expanding into the vacuum of on non existence of fiat.

There is no way to stop it now. Even if you kill of BTC there are 1000 more cryptos knocking on the door like some multi headed hydra~pheonix on crack that has combined with a rna evolution engine. Good luck with that.

Its going to go to 1T then 10T then on from there.

You can speak to those who are in banking, accountancy and fiance now and they have no idea about BTC tech or what it does, they have little idea about money creation. These are the people who should know. They Don't.

It gives you and idea of how far this has to run.....there will be a series of bubbles along the way.....but eventually people will be less inclined to take gov $ as their value evaporates.

So much inefficiency is going to simply fall out of government and banking its not funny.

what wrong, is we are the people upon whom the omission of education and dollarisation of your mind did not work so well.

We are the people understood the implications.

It takes quite a bit of a leap to grok it. I grant you that but its worth working though.

BTC to 1M honestly its not surprising that it could quicker than you may suppose.

[2bfree]

I don't see a problem, I think they will be better off then those slaving away like in my country for $200 to $300 euro a month and the owner doesn't like him after 20 years and just kicks him in the ass and says take a hike (don't take it personally). I think the cripto kids are better off then the "loyal" workers of my tyrannical country.

[Ayers]

the ico trend will reverse when all those ico escrows start releasing funds and teams are gonna cash in their crowdfunds.

seems that people didn't learn form their mistake, i guess they are stupid, it's unbelievable how many are still buying shitty ico with fake face and possible scam, with no purpose other than taking away your money, i don't know if this is worse than those smart contract project that are overwhelming the market more than ico itself, and are all based on ETH, aren't people tired of the same shit?

[xiaohang07]

Most of the ICOs I've seen have been a bunch of monkeys. Somebody is making a mint with these, the projects get a bit of development and then it all stalls and they disappear or dissolve. Look at how many projects have stalled, they leave maybe one developer on it and that's it, that's your money gone.

I was around for the dotcom bubble and the parallels are obvious.

I can tell you one thing I learnt back then...

Don't try to fight the stupidity. The ability for other people to be stupid is your opportunity to make money from them.

Also, we may not have even scratched the surface yet.

As someone else around here nicely put, when the shoeshine boy starts giving you ICO tips, it's time to sell.

What does that have to do with it ?
Are these ICO's launching with a guarantee in price later ?
Of course not..
You guys are forgetting that you get the "coin" and they get your money.
You are not investing in companies.

I don't think many of you have the faintest clue what is going on here.
Buying ICO coins for example are nothing but a fee to enter into a pyramid scheme.
You are not investing in some sort of business..
So they (the dev's etc) have absolutely no responsibility to any of you for ANYTHING ever.
They have every right to walk away with all the money the second the shitcoin launches.
And when they do.. i get pissed off at you idiots that know better.. not the dev's.

The dev's are simply pandering to a legion of dumb fucking dipshit greedy little immoral piglets.
You ask for it so they give it to you.

I have always said a "Scam" is an ICO that does not get you ROI's.
And a legit one is ..one you get profit from.
It's actually true.. that is how you all act.
Proof is seen and pointed out here on the first post.

I don't give two shits if they rip off you greedy morons.. you deserve it.

Just don't sit there and play dumb and point the finger at them.
There is 10k ANN topics here because YOU WANT THEM !

ohhhh i aemz bigz timez investrs and i haz ROI'z wit teh ICO'z !!1111ONE

You are not investors you are criminals perpetuating a scene that revolves around fraud.
You all collectively lie your ass of to lure in more victims or the scheme collapse in on it's self.

And no coin team makes any "promises" about what their coin will be worth..
Or they would have the US fed's on their ass in a heart beat.

And they are coming sooner or later and i will relish in the fucking blood bath.    

Do you think Stratis is a big bubble?

[olarsson]

You are wrong. The only reason a person can buy a town with crypto is that there so few people doing crypto buisness. There is no inflation there is a shift of value from conventional fiat money to cryptos and the people that are in the crypto buisness first benefit most.

[majeed]

Haha. It is true buddy but we have to accept it. People love money and that why they invest money in ICO and tokens and dream about one day they will become a billionaire who do not need to do anything but still have money to spend. IT is crazy. But that is what the world is

[spartak_t]

I'm not sure if you ever wondered about Ethereum's scalability issues and the number of hard forks we will have in future? I've seen how many prominent coders said that they don't completely understand Ethereum and what comes for us, the "ordinary" people? Myself am an IT, but I know shit about coding (except that I wrote few scripts for IRC bots 15+ years ago, but that's long forgotten as it is not my thing). Betting on something, which you don't completely understand is stupid, because question here is not what the tech can achieve, but how. Most of you does not know the answer of this question. Most of you are currently paying billions of $ for something, which is based mostly on promises. Fancy roadmaps and plans, but what if they fail, because simply the tech would not allow them to grow as expected/promised? I'll mention BAT again. If you ask me - this is a multibillion opportunity and I won't be surprised if it reaches $20-$30-$100, but that's not the question here. Imagine the negative impact...