I don't really see what's wrong with that
Namely, how and why it would (should) be better if there were limited hours for trading? It looks more like you missed some price movement leaving you in the red while you were asleep (away) and now come here cursing cryptocurrencies turning the air blue. Regarding everyone trying to get advantage over the next person, this is how everything around us works. The whole evolution hinges on that (so-called "survival of the fittest"). Ultimately, though, it could be said that we are all mercilessly exploiting nature by decreasing entropy inside us by increasing it outside. I guess, you will have to reconcile yourself to that and live with it
He must be an alien, lets
welcome him back to earth and perhaps dispatch him to the Amazon forest to gain first hand knowledge of how things work ere on earth. Btw, dont we have the Dollars, Euros and Pounds trying to out do one another on daily basis?
Don't misunderstand me, I never left.
Good for you!
But you still didn't explain to us why trading 24/7 is bad while trading 8 hours or so a day is in fact good. As I said, it feels more like you lost a lot while you were not around (likely sleeping), and thus you are frustrated at cryptocurrencies in general. I simply can't come up with any other plausible explanation why you might hate 24/7 trading apart from that. Really, people typically talk about round the clock trading as one of the cryptoworld advantages over the Wall Street world with their trading schedules, open hours, business suits, and all that useless shit
I agree, I think it is more unproductive to have an eight hour trading time. Since I believe that businesses don't really sleep. I don't see Microsoft stopping its businesses after trading hours nor do I see it stop on weekends. That's really a fact.
I do somehow understand the sentiments of OP. I see plenty of coins that are really useless. People just tend to create so much coins for whatever purpose. For example, I've seen that "ConCoins." Which I really think is stupid. They just create some new coins for whatever weird and crazy purpose.
However, I still believe that some coins are useful. Not every coin is the same. For example, Z-Cash has some form of variation on the blockchain technology where they can hide the transaction data but only the parties can see it while it being written in their blockchain. This could really have some sort of real life use.