Post
Topic
Board Bitcoin Discussion
Re: Coinbase on the defensive about these bitcoin ordinal centralized meme coins
by
pawanjain
on 11/05/2023, 16:28:56 UTC
Very interesting how these tokens which have no utility or intrinsic value except to the one's holding it, has up ended the king of all crypto and has caused a flurry of problems for the over 14 year cryptocurrency.

It basically means that people are here just to make a quick profit and are ready to throw their money at anything to get a short profit.
They are just gambling with their money by investing in meme coins and don't care if the coin is having any utility or any intrinsic value.