There has been a lot of points and counter-points thrown at WSB regarding whether they should acknowledge Community points just like r/cc does with Moons. This is a hot area to touch, How will the community Points change if they are ready to Accept Community Points
I try to ignore the FUD..... but not all FUD shouldn't be taken seriously. All because it's FUD doesn't mean it's not true. We could certainly reach new all time high's soon, but truth be told the US economy right now is not looking good. As quoted from WSB: "We are not in a bubble. 1000+ PE ratios are sustainable. EV companies with $0 in revenue being worth 150bil is normal. Online pictures anybody can copy+paste being sold for millions is fine. Made up internet meme money making millionaires is expected. Real wages going down while stocks go up is perfectly expected for a developed economy. Chinese real estate developers defaulting left and right threatening to tank the No 2 economy wont effect us in any way."
exactly, LRC is quick cause it has no dapps, no transactions, no users & no reason to use it. lets not compare a token not even in the top 50 to one thats in the top 15. Its just a bunch of GME/WSB cult members who got into crypto
CryptoMoonShots is where the WSB crowd gravitates towards. It's gambling, 100%. Someone posted a research post about the most talked about coins in that sub and the *vast* majority were in the red, some rugged. I don't know how anyone would make any money in CryptoMoonshots. It's literally the fucking lottery.
I'm sure there's something to that but karma farming has always been a thing on reddit especially when you get an influx of people. And especially on any financial sub, lots of suspicious motives lol. The humor/ability to laugh at oneself is lacking in this sub but I see people doing it. Best use of it for me, that's what WSB got right it's funny and laughing is great.
People are downvoting it because its this pathetic WSB shit that comes into here with a bunch of bullshit that doesn't matter. You're speaking of pump and dump culture and focus on price. Real bitcoiners are buying to hold for years, regardless of what some GME apes say or do. Sure, there are some crypto bros here looking to dump as soon as they can get a profit but that's not good for bitcoin and bad for the community too.
Fuck the BTC spot price, this entire community needs to devote massive amounts of time and resources to marketing and messaging. Until we do, you can fuck right off with mass adoption, because if you leave the echo chamber of crypto, a major portion of people hate crypto - be it for valid reasons or not. I do not believe this is the same aversion to adoption other tech has gone through, the messaging from folks is blatantly negative if not full on adversarial. We are going to need tighter branding and more focused messaging around the use and adoption of Bitcoin. We also need to show how the bitcoin network works with third-party apps like strike, cashApp, and how we can integrate it into EXISTING payment networks to simplify adoption through means the average person is comfortable with today. The WSB/Cryprtobro shit needs to stop or it will kill the space at worst and hinder adoption for many years at best.
They may try something else in the future yeah. But the acquisition isn't happening, the coin has tanked, and the shills who came over from WSB (you can see it clearly in the flairs) are done shilling it. But again, sorry about your bags bud.
Instamod is amazing, and I absolutely love the custom flair (if only I was creative). I just noticed sometimes I check out people's profiles and it's doesn't list a bunch of the GME/AMC/WSB centric subs. Probably a symptom of how often they are created
There are many factors that are calculated for the flair. Instamod reviews literally thousands of comments per user and updates roughly every 14 days, although the bot is so busy sometimes it is a bit longer. So other factors may place something other than WSB (your example) in the flair. Reminder that one can always manually request an update by sending a pm to instamod. This may or may not change your flair depending on if your comment history has changed much. I hope I explained that well enough, instamod is a pretty complex little bot and it actually functions very well for how busy it is here on r/cc. I am actively working on instamod improvements and will continue to as it is a great bot for the community.
I dont know if you were here when this all happened. But they filled their bags and then brigaded this subreddit here like crazy. So much they had to blacklist it 2 times. Thats when they pumped it. Now you see them dump it. Its just that a small group filled up their bags before getting their WSB guys to pump it for them But yeah if you fomoed in after the fact you heard people filled their bags last oct you kinda have nobody to blame but yourself Its just annoying that they are brigading again Then weeks of them wining about censorship again Its like you try to talk about crypto with toddlers. Since then all those low effort opinion pieces hit the frontpage too. If they would at least ALL make money... but no 99% get robbed and then share their "loss pron" while dragging everything around them down with them.
Yeah thats why i said "since the WSB guys" it was a good project until you guys ruined it. I have a lot of clue what iam talking about. You cant even understand my comment. Makes you think.. or wait it doesnt You are one of them. You guys dont do that. ApEs tOgEthEr sTrOng Remember?
You're making a good point there. Now I may be repeating a broken record, but WSB's "ape investing" attitude has certainly brought such a big influence in younger investors. Add that to the nature of crypto, and you get this whole degen culture going rampant.
One account is my old account like 10 years old with thousands of karma that I don’t want to chance getting banned so I use this one. Then there’s my other one that I use for posting in science and physics that I don’t want associated with my WSB and Bitcoin accounts. Then there’s personal account, etc.
This ain’t no WSB type nonsense. There isn’t just one hedge fund involved and this isn’t just an example of the big guys taking advantage of the little guy. Crypto is about cutting out financial middlemen and giving financial power to the individual instead of the centralized financial system. It has potential to revamp how finance, contracts, identification papers, documents, and privacy are conducted and many world governments and high powered billionaires/investment firms are involved. There are currently no real regulations in place yet, meaning it’s highly manipulated. Just ride this out and continue to buy projects you believe in for the long term. There’s no way us minuscule retail investors can greatly impact crypto in the short term as a unit.
I suspect a lot of answers here are not from people outside of the Loopring circle. As on outsider LRCs hype and success seems to be largely predicated on a potential partnership with GME. There are two problems with that. Firstly, what if its not true or not as close a partnership as people wanted? And secondly, GME stock was essentially a WSB meme for the last 2 years. It's still not a ground breaking company. It's a company that is close to our nerd hearts and was unfairly shorted in the markets. Its not close to a big tech company. So if there is a pertnership I feel like that has been overly priced in and could be met with a big SO WHAT. If the tech is great then that's a different story. Tell me why the tech is great. I want to know more about that. All I hear is hype and GME and its gotten old.
Recovered from where? A 20% drop on a stock is considered a good entry. A 30% drop is considered an amazing entry. It's not uncommon for crypto to do that in a day. So crypto 80% is the stock 30%. US has said there will be 3 interest hikes this year alone with more in 2023. Everything they bought from the start of the pandemic is being sold off. If the govt is selling, do you believe industry won't sell as well? We are retail and regardless of what WSB made people think early 2021, we do not control the market. All in all, maybe we have different definitions of cheap money. Anything over 4% is expensive to me 😂 Cheers! 😀
>If the NFT holders purchase the feature, a random generator will either blow up their digital collectible or make it even more rare by adding new features to the bull. >Your option could go to zero or you could have a 100x option that you took a risk with That’s some serious WSB shit here
But gamestop itself is overhyped (essentially a struggling retail store that was megahyped by WSB overnight, and now is fighting to create a new business model to justify the hype they inadvertently got... But that new business does not exist (yet?)). So it is essentially a well funded startup with ownership of a well known brandname. Therefore LRC "partnership" (aka someone found some comments in a github repo), assuming it is a done deal does not equate to "gaming blockchain goes mainstream, on LRC" (which it seems is the suggestion). Hence overhype.
I’m so sick of this annoying “moon” shit ever since last years WSB incident. None of you can decide whether this is a lottery ticket or the future of standard transaction. Bitcoin goes up “STONKS 2 DA MOOOOOON TENDIES!!!!!” Bitcoin goes down “Uhm actually sweaty it doesn’t matter because bitcoin is the decentralized future, I’m in it for the cause, it will soon replace fiat” Whenever bitcoin goes up you guys talk about it like a slot machine but whenever it crashes you try to hand wash all of your Jim Cramer esq predictions with some nuanced take about the end of the dollar Keep treating it like a GameStop stonk and watch how much more unstable the idea becomes Just hold your bitcoin and stop worrying about pump it up bs.
Dude these projects don’t fucking go from 0 to 100. This shit takes YEARS to develop and cardano has even said they take the slow road anyways. Stop with your WSB ape shit thinking that it’s going to moon in 2 seconds and you’ll be rich. It’s a good project with a lot of potential. Buy fucking LRC or ONE or ROSE or one of the other stupid moon coins if you want to follow those dumb fucks over at WSB
A lot of new investors in LRC because it was shilled in other subs including WSB, Stocks, and more. They're getting scared and selling which they should be. LRC didn't deserve the market cap for a bunch of rumors that haven't played out.
Buying a continued dip is catching someone else’s falling knife. If you’re shook at the state of the market and still up, maybe consider reducing positions/take profits because like OP said, only you know your story and are responsible for your actions. Crypto isn’t some WSB collusion against a common enemy or something, it’s an extremely volatile and manipulated market where 99% of us are along for the ride.
You know what? I believe you more now than I did a few minutes ago. The WSB in your name is why I question everything but you also sound like you are a bit of an thrill junky. That is not something many people are so forthright about and is not something that is normally thrown out as a lie, mainly because why the hell would somebody lie about it. Especially in the context you have said it. OK, carry on and do your thing, son. Wreck havoc or mend it, whatever floats your boat.