Post
Topic
Board Altcoin Discussion
Re: Real life utility question
by
Baofeng
on 06/03/2022, 00:15:52 UTC
Is crypto now more than a speculative asset or just the same old thing based on hypes only because it seems like real life use case is far from crypto, we want it to happen for real but it's really not happening, what is stopping this from happening already.
We are in a period that a token has a purpose to gain support and investor, it can't just exist because it's a fork of these tokens or coin investors will look for usage and purpose, investors are losing from the pump and dump coins, yet developers keep creating speculative coins the only way to stop this is to stop and ignoring these kinds of coins if no one will invest no developers will create.

That's what we call investors maturity, I mean those who have been in the game already knows that newly created tokens with no utility whatsoever are just for short term investments because they are going to be used for pump and dump by the developers to enrich themselves and the only losers are the investors. But we are hardened by the experience, only new to the market will fall for this copy cat and fork coins that don't have any utility at all.