SWEATCOIN

[Jaered]

I see this Sweatcoin everywhere I go and on every advertising webpage. The hype is just insane. Oh, I forgot. I saw the app on Google Plaaystore, and I'm like what the hell is going on. I don't think its got much to do. I think its pure hype, just like many crypto projects out there

[Silberman]

what did you guys see about sweatcoin hype

will this last forever?

I took the time to look at this coin and the only thing that I can say to you is that hype is never going to last forever, the coin is presenting movements that are too extreme, it seems that the coin went from an all time low to an all time high in less than 24 hours, and now the price is going down once again, so if I were you I will be incredibly cautious about any possible investment that you could make in this asset, as there is simply no way to predict what it is going to happen next.

[o48o]

Hype is not forever but the project looks interesting considering its current trend.
You can ride the hype right now while the price is still cheap and while the price is still pumping because for sure if there's no development anymore with this project that is the time for its price to dump and many investors will leave this project right away. After reaching the peak today, now it's on down again so be careful with this volatility, this could be manipluated by the whales with a help of the hype.

Let's see, "cheap"?

* We don't know the valuation. Quick look at tokenomics and i can't make sense of the marketcap.
* We can't ask on their telegram channel as they have currently closed it for messaging which is a red flag
* We don't know the original investor price,
* Max supply is unlimited (with increasing difficulty), which isn't bad but still as i don't have a clue even about the circulating supply, it makes difficult to count anything.

This could be hyped for a while sure, but i am sensing that movement will easy to hack and real "miners" will be discouraged when some people are making money without moving at all. But without marketcap it's really hard to tell if this is has potential to go up and how much.

Also, we don't have a clue if they are selling the tracking data to third party.

[LogitechMouse]

I've been using Sweatcoin since 2019 (but not much on 2020 due to various lockdowns) since I am walking a lot almost everyday. At first, I just simply use that app to walk until I get to the $400 threshold where I can convert my Sweat Coins to Paypal and also buying stuff using them as a discount.

The question now is, "Did you withdraw the $400 that you got from walking?". For sure many including me is curious about it.

I tried to use it way back 2018 I think or 2019 IIRC but didn't continue to use it for some reasons. With regards to the OP, nothing is forever in crypto. Today you might see it booming but tomorrow you might see them running alongside the money that they got. Sweatcoin has been there for quite some time and yet, I don't see anybody talking about it until now. Well, it's kind of hyped right now and maybe I might try to use it as long as there is no KYC on it .

Hype doesn't last long and obviously not forever. There are many projects that have been hyped but only few of them survived. When StepN got hyped, some people linked Sweatcoin into it since they are the same where you can earn by walking or jogging.

[cryptoaddictchie]

what did you guys see about sweatcoin hype

will this last forever?

Same with other mods of earning from play to earn, move to earn and other means. The coin is dont have different from gmx except you dont need a rubbish expensive shoes nft to earn. But youll definitely earn dust tokens from moving and downloading their app. We cant deny that there is a hype since majority of big markets will list it but that doesnt mean its gonna sustain for long. We will see how it will work in the end if they can really survive a bear market.

[Yaunfitda]

Sweatcoin is an app that converts your footsteps into digital coins, which you can use to earn extra cash.
Sweatcoin developers have plans to make Sweatcoin a cryptocurrency that can be exchanged for other digital currencies such as Bitcoin.
There is no guarantee that Sweatcoin will last forever.

Ok thanks for the quick explanation, it is a very good idea, it might be unique but if people are not going to used this app then it won't survived in the long run.

But let's wait if they wtill make it a official crypto and who knows, maybe the hype will be sustainable. However, I will still be cautious with this hype. We are still in the bear market and investors are still reluctant to put their money on any projects, just saying.

[btc_angela]

Sweatcoin is an app that converts your footsteps into digital coins, which you can use to earn extra cash.
Sweatcoin developers have plans to make Sweatcoin a cryptocurrency that can be exchanged for other digital currencies such as Bitcoin.
There is no guarantee that Sweatcoin will last forever.

Ok thanks for the quick explanation, it is a very good idea, it might be unique but if people are not going to used this app then it won't survived in the long run.

But let's wait if they wtill make it a official crypto and who knows, maybe the hype will be sustainable. However, I will still be cautious with this hype. We are still in the bear market and investors are still reluctant to put their money on any projects, just saying.

It means it's not a recipe for a success, even if the project is unique if there will be no consensus support, it will fail miserably. Or it could be the latest hype, so might enjoy some success early, but what happens if the hype have subsided and investors withdraw their funds and move it to somewhere else? So yes, will be cautious on this one until it is proven that the project can be sustainable and devs are very much active and there is a support from crypto community.

[KaliLinux]

what did you guys see about sweatcoin hype

will this last forever?

This question of yours doesn't make sense, nothing last forever if you must know. Sweatcoin is a project that is yet to enter any exchange, you can only earn some by using the app, the app looks 80% ready with constant updates from the team, there is a mini store where you can spend your earned sweatcoin on items.
there is nothing much to say about the project except you can earn free sweatcoin now if you put in some effort. and as for last forever, I really doubt you understand what you ask.

I don't understand why someone will even think of lasting forever, I believe just today the new update for the sweat wallet now allows for staking and earning additional rewards like Gift cards, prize draws including FIFA World Cup tickets, custom NFTs and all these depends on the Number of SWEAT you have to qualify plus up to a 12% of the total sweat you have staked. I think just like many other projects, take advantage of being an early adopter, take your profit, and keep moving.

[NNRR]

what did you guys see about sweatcoin hype

will this last forever?

Many people are mining many tokens through Sweat Coin app, they are already listed in some good exchanges have mined Sweat Coin through the app for the past few years will be able to sell them now Who mine token via app those token unlock over 24 months. Now already huge grow already up from listing price to 900%+ Huge potential this project

[Busayo10]

This one is too hype and I think this was easier to use compared to what introduce by STEPN wherein you'll just use the app for lifestyle. The thing is people want to use an easy one so I don't think the hype will end that easy, they have tokenomics behind the SWEAT token which is interesting too. We may never know what might future holds but one thing is for sure, they are killing it in the present.

Hmmm
let's see how it Last

what did you guys see about sweatcoin hype

will this last forever?

Many people are mining many tokens through Sweat Coin app, they are already listed in some good exchanges have mined Sweat Coin through the app for the past few years will be able to sell them now Who mine token via app those token unlock over 24 months. Now already huge grow already up from listing price to 900%+ Huge potential this project

the problem is that, they are not allowing people to send to an exchange

what did you guys see about sweatcoin hype

will this last forever?

This question of yours doesn't make sense, nothing last forever if you must know. Sweatcoin is a project that is yet to enter any exchange, you can only earn some by using the app, the app looks 80% ready with constant updates from the team, there is a mini store where you can spend your earned sweatcoin on items.
there is nothing much to say about the project except you can earn free sweatcoin now if you put in some effort. and as for last forever, I really doubt you understand what you ask.

I don't understand why someone will even think of lasting forever, I believe just today the new update for the sweat wallet now allows for staking and earning additional rewards like Gift cards, prize draws including FIFA World Cup tickets, custom NFTs and all these depends on the Number of SWEAT you have to qualify plus up to a 12% of the total sweat you have staked. I think just like many other projects, take advantage of being an early adopter, take your profit, and keep moving.

this is interesting

Sweatcoin is an app that converts your footsteps into digital coins, which you can use to earn extra cash.
Sweatcoin developers have plans to make Sweatcoin a cryptocurrency that can be exchanged for other digital currencies such as Bitcoin.
There is no guarantee that Sweatcoin will last forever.

Ok thanks for the quick explanation, it is a very good idea, it might be unique but if people are not going to used this app then it won't survived in the long run.

But let's wait if they wtill make it a official crypto and who knows, maybe the hype will be sustainable. However, I will still be cautious with this hype. We are still in the bear market and investors are still reluctant to put their money on any projects, just saying.

It means it's not a recipe for a success, even if the project is unique if there will be no consensus support, it will fail miserably. Or it could be the latest hype, so might enjoy some success early, but what happens if the hype have subsided and investors withdraw their funds and move it to somewhere else? So yes, will be cautious on this one until it is proven that the project can be sustainable and devs are very much active and there is a support from crypto community.

i guess, that will be a big problem for them, if investors does

I've been using Sweatcoin since 2019 (but not much on 2020 due to various lockdowns) since I am walking a lot almost everyday. At first, I just simply use that app to walk until I get to the $400 threshold where I can convert my Sweat Coins to Paypal and also buying stuff using them as a discount.

The question now is, "Did you withdraw the $400 that you got from walking?". For sure many including me is curious about it.

I tried to use it way back 2018 I think or 2019 IIRC but didn't continue to use it for some reasons. With regards to the OP, nothing is forever in crypto. Today you might see it booming but tomorrow you might see them running alongside the money that they got. Sweatcoin has been there for quite some time and yet, I don't see anybody talking about it until now. Well, it's kind of hyped right now and maybe I might try to use it as long as there is no KYC on it .

Hype doesn't last long and obviously not forever. There are many projects that have been hyped but only few of them survived. When StepN got hyped, some people linked Sweatcoin into it since they are the same where you can earn by walking or jogging.

exactly my point

they don't allow people that walk for months, to able to transfer to exchange, and you can only transfer just 10%

Hype is not forever but the project looks interesting considering its current trend.
You can ride the hype right now while the price is still cheap and while the price is still pumping because for sure if there's no development anymore with this project that is the time for its price to dump and many investors will leave this project right away. After reaching the peak today, now it's on down again so be careful with this volatility, this could be manipluated by the whales with a help of the hype.

Let's see, "cheap"?

* We don't know the valuation. Quick look at tokenomics and i can't make sense of the marketcap.
* We can't ask on their telegram channel as they have currently closed it for messaging which is a red flag
* We don't know the original investor price,
* Max supply is unlimited (with increasing difficulty), which isn't bad but still as i don't have a clue even about the circulating supply, it makes difficult to count anything.

This could be hyped for a while sure, but i am sensing that movement will easy to hack and real "miners" will be discouraged when some people are making money without moving at all. But without marketcap it's really hard to tell if this is has potential to go up and how much.

Also, we don't have a clue if they are selling the tracking data to third party.

I don't even know the reason why, they are looking the group, no guide, nothing nothing,
sincerely, that's a red flag as you said

[moderator's note: consecutive posts merged]

[Busayo10]

what did you guys see about sweatcoin hype

will this last forever?

I took the time to look at this coin and the only thing that I can say to you is that hype is never going to last forever, the coin is presenting movements that are too extreme, it seems that the coin went from an all time low to an all time high in less than 24 hours, and now the price is going down once again, so if I were you I will be incredibly cautious about any possible investment that you could make in this asset, as there is simply no way to predict what it is going to happen next.

perfectly said

[o48o]

I don't even know the reason why, they are looking the group, no guide, nothing nothing,
sincerely, that's a red flag as you said

I found out that cryptodog owns a bag and is trying to shill it going up. I wonder how that account is up as it's clearly being used for market manipulation which is illegal. I guess when someone is subtle enough it doesn't count. Or at least the shiller thinks it doesn't count.

https://twitter.com/TheCryptoDog/status/1570684413696151552

Anyway, i am staying out and even without poor fundamentalk the sole reason could be because cryptodog is in.

[budi691]

Investing is the activity of investing money or capital for the purpose of making profit, Projects like sweatcoin have been created just for people to make profits too fast, I see this as a normal scenario whenever there is hype for new tokens. It won't last long, don't expect too much, So if you don't understand the future of the project you want to invest in, it's a good idea to stop investing and look for another project.

[kojektea]

I use sweecoin app to get their coins for free on foot. That's actually a good thing because it can create a healthy community on foot, but I'm sure a lot of people want the coins they earn more than they enjoy working out. whereas sweetcoin distributes only a few coins in a thousand steps.

[CryptSafe]

I have been following this project closely and I am yet to see what the utility is all about. The hype is on, the awareness is quite interesting but what does this coin offer. I just assume it to be amongst those shit coin out there wanting to pump and dump on investors.

[serjent05]

Sweatcoin, well, I think it will not last that long.  If people will really get involved in this project, I believe most of them will jus use this to get the coin,  I doubt the majority will invest in this but I am sure that users will just get in for the free money.  And that is where the problem begins.  To much milking and little sustaining, the market will crash.  Just is the law of supply and demand.  If few people are willing to invest or spend money on the coin and lots are just milking the system continuously, I believe the system or market will collapse sooner or later.

[autumnleaf]

Although I don't believe it will stay forever, it is wise to capitalize on the buzz while it is still strong and the price is low before selling it for the maximum possible amount. Be cautious because in a situation like this, where people talk about it and it's constantly in the news, especially on social media, the whales may be using it as a means of promoting another project.

[bhooscream]

what did you guys see about sweatcoin hype

will this last forever?

This one?
https://play.google.com/store/apps/details?id=in.sweatco.app&hl=en&gl=US
Well, this is my first time to know about Sweatcoin and the application is already in Google PLaystore and APpstore. That's great, at least, they have been running their application to work. And I see some reviews about this, some are good and some are bad, so this application is still debatable.
However, if this app is really paying and many more people find its effectiveenss and use this app, I think that Sweatcoin may last litle bit longer compared witht he other new prjects. Moroever because they have bee runin their application, thismay lead to have much better utility. But once more, hype coin maybe still a hype coin. nce the hype is over, the coin may be decreased.

[Kavelj22]

I see many people exchanging this currency among themselves for different rates and I feel sorry for them. The currency is not listed on any platform and is not supported by any trusted parties. Everything that drives it is hype.

This project is very important because it promotes itself in smart ways, although it is not the only project that works with the same concept. But all of them cannot be successful projects if we think about them pragmatically, as the concept can only bring benefits to the developers who work on it by selling the application or advertising spaces. There is no productivity for the user to receive profits for it. A very similar example of meme projects.

[bounceback]

what did you guys see about sweatcoin hype

will this last forever?

Any project that only relies on hype usually won't last long because when the hype ends it will usually make the coins or tokens abandoned by investors, if you want to invest in one project then don't just follow the hype but choose a project that already has fundamentals so you don't experience large losses later, invest wisely and always do the analysis first before putting your funds into it.