Quote from: wheelz1200 on February 19, 2022, 05:41:17 PM

Quote from: resonatingtopain on January 27, 2022, 03:28:25 PM

It is something that bugs me till today. Are they mostly newbies trying to find a path to enter cryptouniverse or experienced people who are just gambling to score a moonshot on luck?

This is the "meme" rank on coinmarketcap, there's millions on deflationary tokens with no effort from the "devs" at all. Just copy/paste a code, copy/paste a whitepaper, eventually pay few bucks for a domain and that's it.
Why people fall for that, yet?

Greed pure and simple. Peoe hear stories of someone lucky enough to hit on their able and everyone wants in. Break all these down and you are right it's just copy/paste garbage. Eventually all these gamers will learn the hardware crypto is unforgiving to the greedy and will lose their entire position.

This is called gambling, they want more and more until there isn't enough for everyone. Greedy devs keep pumping shitcoins and newcomers turn to the next victims unfortunately.