SmoothOperatorvia treechat·3mo
Replying to #086a8f2e
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "Usually the first thing that needs to happen is the price to go up. It's the cruel reality, but this is the game we are playing here. How many ppl were using Zcash at $20 and how many are using it now at $400? Obviously they unboarded more users with \"the scam price pump\". In the end people just wanna make some money.\r\nI seriously believe serious attempts towards adoption happens when the coin hits the top of the table ranking wise. Miners will always be happy mining a coin that is appreciating faster. And retail will also prefer holding a coin going up in value vs holding a poor performer that can't even keep up with inflation.\r\nThis market was designed to be greedy from a get-go. Even in the early days (before 2017) people were trying to make 100x gains. Just open that video of Marc De Mesel on YT celebrating BTC hitting $1000 for the first time.",
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⬇️
metamityavia treechat·3mo
❤️ 5 Likes · ⚡ 0 Tips
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  "map_content": "its a virtuous cycle, one causes the other, and in fact bc of the speculative nature of \"crypto\" even a little usage can be extrapolated into the future by traders and cause price rises... which then cause more usage, etc etc",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!

Replies (1)

SmoothOperatorvia treechat·3mo
Replying to #419b1e5b
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "I know what you mean and I agree. But overall price is still the most important. Majority of retail entered crypto to make money, they see crypto as an investment, or at least as a hedge against inflation.",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!