The new York times is read by millions of millionaires
What Normies know volume VI
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Tl;Dr
The founder of dogecoin just FUDded his coin, all icos, and FUD the whole crypto space
He says the crypto crash will be bigger than dot com bubble.
It was like at 1.7 trillion dollar crash.
If you're not a dumb illiterate boomer millionaire you understand quick that it means that cryptos have a long way to go before it crashes.
yes, he is lieing
you cant compare cryptomarkets to dot com bubble
cryptomarkets are just small small markets, 99 percent of people dont own any cryptocoin
The journo's description of an ico
Wow the guy who thought crypto was a joke so he made a joke coin still thinks crypto is a joke?
I love market manipulation, a little more dip and I am all in this motherfucker because the boys clearly have plans for us
Ohh lord, is that real? They gave two pages to this dipshit? He made a literal memecoin and they think anyone is going to take his opinion at any value? Then they wonder why newspapers are going out of business.
This article obviously lacks objectivity.
Doesn't matter though. It's FUD from someone that has never done anything innovative with crypto.
hmm. not far off.
So because the dot com bubble's total market cap at the ATH was like 2 trillion, crypto can't crash until it hits that? It doesn't work like that.
Those companies had a 2 trillion market cap because some of them were making a profit, and some of them had very foward thinking ideas that are actually starting to be realized (they just didn't have the infrastructure to realize these goals). All crypto has is solutions to very minor problems that most people don't encounter or care about.
t. heavy crypto investor.
He made zero money off dogecoin and is now super butthurt about it IMHO
The times seems to have seized on crypto as a tending topic though with several articles in same number of days
nice just bought 100k subscriptions
...
Jackson Palmer is actually pretty level headed and has the most no-bullshit of the more technical youtube channels I know of
youtube.com
I think I'll also make more blockchain content on youtube..
>socialist
>turned down 500k for his stupid dogecoin meme
>didn't invest in his own coin
Fucking what a dumb cunt.
If you're going to be photographed at least put on a shirt that hides your soy boy body.
The memecoin actually took off, purely fueled by horny uninformed speculators. The same thing is happening currently with all cryptocurrencies and ICOs. He's objectively right. The real question is what will it take to pop the bubble and when will it pop?
Remember that money skeleton also said these exact same things.
shitcoins pop all the time
were talking about bitcoin and to a lesser degree eth
not far off, most ICOs are a scam. BTC,et.al, are obviously a totally different story
That's sort of accurate.
>fraud is a small problem
compared to banks and the government it is
/thread