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RE: Bitcoin's price is at a critical crossroad

in #bitcoin6 years ago

ADA will be big in the long term. Good call. I wish that even 10% of the folks posting would take the time to read the ADA whitepaper. Get themselves at least marginally educated.

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True, but this is the case with every coin/project out there. Just have a look at the Telegram groups and even if there are sophisticated users and communities, as soon as some coin goes up, you mostly get people coming in who ask "when moon?","when lambo?" and "where can I buy?". Sometimes I have the impression, that 90% of all investors have absolutely no idea what they are buying into ;)

This is abs true:
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Absolutely! The danger with having a real product and value in the cryptoworld though is, that then people will need to understand, what it´s all about and not just live from the hype. Also if the product does not work out perfectly from the beginning, people will suddenly doubt it and scream "scam" all over, while they should do so in totally worthless shitcoin projects. Well, I guess, this is how it is at the moment....