81–90 of 670 posts
It's less that I'm glad the market is crashing, and more that I'm glad that the insufferable crypto bros are finally getting a punch to the mouth. Seriously, these people are the worst. Your average "crypto investor" has no skills, no mathematical foundations, nothing. Except for pure stupid luck, and the ability to spew inane crypto babble 24/7. And yes, they think they are much smarter than you, because they achiev…
I follow climate change for a while. Especially the co2 concentration in our air, wild fires, droughts etc. I'm looking forward to burning less resources for just hashes. I'm also getting tired of having the same fruitless discussions. There are a lot of people who have never thought about a ton of implications of crypto. Real issues are ignored, unknown, or just never even mentioned.
Look at the Terra sub or the replies on Twitter to the official account. Normal people losing all their life savings and a lot of them are contemplating suicide. It's actually really really sad. https://www.reddit.com/r/terraluna/
So was the 1918 stock market crash but sometimes change only comes from pain.
It's less that I'm glad the market is crashing, and more that I'm glad that the insufferable crypto bros are finally getting a punch to the mouth. Seriously, these people are the worst. Your average "crypto investor" has no skills, no mathematical foundations, nothing. Except for pure stupid luck, and the ability to spew inane crypto babble 24/7. And yes, they think they are much smarter than you, because they achiev…
It doesn't help this kind of discussion to put everything under the "crypto" umbrella. There are good projects and bad ones.
It's less that I'm glad the market is crashing, and more that I'm glad that the insufferable crypto bros are finally getting a punch to the mouth. Seriously, these people are the worst. Your average "crypto investor" has no skills, no mathematical foundations, nothing. Except for pure stupid luck, and the ability to spew inane crypto babble 24/7. And yes, they think they are much smarter than you, because they achiev…
> pure stupid luck
I say
> A bigger idiot
No? Why would anyone be "glad" about this? It says a lot about your personality to be that happy/glad about anything "crashing", whether you agree with it (crypto in this case) or not. Also, just a friendly reminder that NFTs don't equal crypto.
Of course there are things you can legitimately be glad about crashing. CO2 emissions, crime rates, frequency of famines, etc. Whether you count the event in question among such blessings is a legitimate topic of debate.
If we get higher transaction throughput or less energy consumption with similar guarantees, the value should go up again to reflect that ability.
But everything is connected. Beware of the fluctuation/crisis in the other markets which might be triggered by what's happening in the crypto market.
Look at the Terra sub or the replies on Twitter to the official account. Normal people losing all their life savings and a lot of them are contemplating suicide. It's actually really really sad. https://www.reddit.com/r/terraluna/
I don't really see it as that interesting or sad, I see it as unnecessary.
Some do, some dont. If it was really something more like “all people are susceptible to suicide when numba go down” I’m not sure what I would think, maybe I wouldnt be in this game at all, prioritizing my own self preservation instincts above this particular kind of chase for financial security. Hard for me to say.
My level of empathy comes from not being sure its worth prioritizing self preservation at all. Like, I notice we all are like “suicide, stop that thing” I mostly just see happenstance. Its happenstance I have self preservation instincts and its happenstance others do not.
And then when you add Terra, Luna, Anchor to the mix. Its like, so you were chasing passive income on TikTok and didnt factor in your self preservation instincts? Ok. Cope, or don’t.