Cryptocurrency: Making Money Out of Air?

[MrSpasybo]

+1 for interesting question
Money from the air - this is true for the majority of crypto & coin / token projects. Because currently most of the value of $ 1T comes from people's expectations rather than their real value to the economy (convenience, savings, anonymity, cross-border money transfers, contribution to health, education, transportation, energy...). In addition, there are other reasons such as:
+ The popularity of airdrop
+ Fundraising process: teams determine the amount of capital needed to realize the idea on the blockchain platform, then issue tokens from the air and sell them for money. Most platforms have not yet created a product useful to the community, so toke prices are only future prices;
+ Crypto is not supported by the economic potential of the country like fiat, when a project collapses, the value of the token returns to 0 like Bitconnect's BCC;
+ People still do not fully understand blockchain & crypto, for them crypto is just a product to buy, sell, own, speculate to create profits, they cannot imagine an economy lacking fiat;

Thesolution: educate people about crypto knowledge, and at the same time give them the experience of the value that crypto can bring to the economy.

[Arkann]

One way or another, today, cryptocurrency is really good money for almost nothing. But of course it is possible to change the situation so that society uses cryptocurrencies in everyday life, but this will take a long time, because it is not so easy to teach people about cryptocurrency. Although the best option is a government training program.

[robert20]

Yeah it is true that most of the crypto projects make their currencies out of air. So it is a threat for the financial and economic system of the world. But there are some projects which has their crypto backed by physical goods.
Crypto was not made for earning money it was made to give people independence of using money and everyone can have their freedom to use their money. But now most of the people use it to earn money only which is sad.

[Gyrgen]

Comparison with banks is very incorrect. Any normal country does not print money just like that, which cannot be said about cryptocurrencies. There is some truth in the fact that money is made out of thin air.Thousands of crypto projects trying to make money out of thin air ended in nothing because we turned them down with our money.

[pealr12]

I wouldn't say money out 9f air since people needs to invest real money in other get the token they desire,  and as for the long term future of so some project, that will really depend on the demand of the project as a utility token, a project with actual demand to solve a problem.

[Thymoty]

All possibilities can happen to the cryptocurrency market, what experts predict could happen in the future, but from 2009 to 2021 their negative assumptions about the cryptocurrency market have not changed, from year to year they only give negative statements about the cryptocurrency market. But what happened? The cryptocurrency market continues to grow and its users are even bigger. So just let them make assumptions about the cryptocurrency market, and we stay focused on developing our community.

[Andruha1993]

You just can't earn a cryptocurrency, if it were so, then now everyone would be rich. Earning cryptocurrency can be a long and complicated process at times.

[Black ID]

A term that I think aptly describes the situation in crypto investing. Because indeed by investing in crypto we will be able to get big profits in a short time, and who knows that profit. So it can be said to making money out of Air.

[doc]

A term that I think aptly describes the situation in crypto investing. Because indeed by investing in crypto we will be able to get big profits in a short time, and who knows that profit. So it can be said to making money out of Air.

Yes, I agree with your perception about making money out of air. That's true. We can get profit by investing in crypto currency. Many investors have done it..At pandemic covid, I see many people already invested in  crypto currency.

[Gurujebs]

You just can't earn a cryptocurrency, if it were so, then now everyone would be rich. Earning cryptocurrency can be a long and complicated process at times.

We also fail to understand that for each profit that is made in crypto, there is definitely a loss for another person and hence the circle for profit and loss continues.
New money inflow is among the contributing to such scenario, that's why there is free money in cryptocurrency.
All you need is time and do a proper research, you can make fortune overnight without struggling, this is why other sectors see it as a threat to economy.

[Master107]

You just can't earn a cryptocurrency, if it were so, then now everyone would be rich. Earning cryptocurrency can be a long and complicated process at times.

Not really.
Airdrops is the easy way to earn crypto from somewhere into your wallet. Imagine you just need to do correctly every details and earn airdrop tokens in due time.

In our case we don't like the easy way to earn crypto.
We like to take the challenging process in joining bounties specially signature campaign and the likes.

[trauchot]

Anyone can create a cryptocurrency, and of course a lot of cryptocurrencies are created without any real product, but also a lot of cryptocurrencies have a real product and are used in various fields, thats why many cryptocurrencies will be in great demand in the future because of their product and technologies.

[Evgenklm]

I do not think so, in any coin based on the ETH blockchain, there is its own issue and a certain amount, there can be no question of printing coins, there is a certain amount of coins and everything, so this is not an argument that the crypt is a printing press.

[Callisto]

Perhaps you are right, there are some cryptocurrencies behind which there are no excellent teams and projects, but they don't even have an office there - of course they are really airy coins. And here are some cryptocurrencies that are based on smart contracts and blockchain, I am sure of the future behind them.

[MUGNIA]

it is said to be worthless I think it is not true because we invest with money, so it can be said that the coins we buy are an asset for us, but it should be noted that crypto can also put us at great risk by losing our money so easily. But if we only think that crypto can make us always lose, that's also wrong because we are afraid of FUD. SO, it is better to be wise to minimize risk and get more profit