@lawmaster The user numbers are fake. The volume numbers are fake. The liquidity is fake. The NFT trades are fake.
Your profits are fake. They are just numbers on a screen. Try to convert them to tangible currency when shit hits the fan.
The entire space is an illusion. Wake up
@lawmaster Of course. This is the open secret of the space. You actually believed that plebs would own anything in Web3 and projects would actually give away free equity to thousands of people?
Community is just a nice little word to make you feel warm and fuzzy inside.
@Snowden Nothing wrong with incentivizing people to spend and invest with an inflationary currency, Ed.
Deflationary currencies like BTC never worked because the economy comes to a standstill and countries with inflationary currencies quickly outcompete them! :)
@Derivatives_Ape@dydxprotocol@CurveFinance@ConvexFinance Most of this "wealth" is fugazi β an illusion, because when people start selling, there will be no liquidity. We've seen this show many times before, dotcom bubble, housing bubble, etc.
You feel rich, but it's only numbers on a screen backed by nothing. Be careful!
@theoliverspoon @truecrypto I speak the truth
What I say is obvious when looked at objectively
Been in crypto 12 years
Not popular on social media
Because social media is designed to reward hive minds
Not those who speak unconventionally
@CryptoCred@wclemente This dude is 19 and has absolutely no fcking clue what he's talking about
The number of followers he has shows you how pathological this market is
@dcinvestor Until the house of cards collapses (the music has already stopped, most people don't realize it yet) and the value prop of BTC and ETH becomes apparent again
@dcinvestor There will always be a faster and cheaper chain with centralization tradeoffs, until people realize they can run all this speculation on AWS for free, because most market players today don't give a damn about decentralization, just profit maximization.