1
Cryptocurrency discussions / Re: Is technology really important for investment decisions?
« on: April 25, 2024, 09:50:13 PM »It seems to me that this moment can destroy the industry if you look far into the distance. This can develop into something like shares or securities of some enterprises that appear and are stamped to inflate a soap bubble. Well, or something completely extraordinary will happen and all these memcoins and other crap will collapse and normal projects such as the ether of the solanum of the atom, etc. will remain.I agree, it’s a kind of dualism. In fairness, it should be noted that investments are also being made in truly technological projects; it’s just that if they grow in price, it’s not like the same memcoins do, and there is a certain paradox for me in this. I think you yourself understand perfectly well that There are powerful and necessary projects in technological terms, but they are not even close in capitalization to the same notorious memcoins.
What you say is one of the biggest problems (I always speak from my point of view) of the cryptocurrency industry. That there are few truly innovative projects but they barely have the capitalization and investment of some memecoin that has just appeared on the market. That's why I try to avoid new "projects" added on CoinGecko and CoinmarketCap, because there are really very few projects that are launched in months and dozens of memecoins daily with many millions of investment. Unfortunately, for many people, quick money takes priority over innovation in the industry, and it's something I can understand, to a certain extent.