> “Most people in the cryptocurrency space, with the intention of making everyone use it, with the intention of promoting it, end up making a very serious mistake,” Lopes said, “and that is to expose themselves.”
The endless promotion is required to keep the price going up, as it’s effectively a collectibles market and they need people to want to buy more.
I assume the biggest players will delegate their risk to others they pay to promote it for them.
I still think the entire space is silly and should go to 0. The masses don’t want it. It’s a small bunch of people who got involved early who will never shut up about it. It seems their path to success is starting to become their downfall.
> “Most people in the cryptocurrency space, with the intention of making everyone use it, with the intention of promoting it, end up making a very serious mistake,” Lopes said, “and that is to expose themselves.”
The endless promotion is required to keep the price going up, as it’s effectively a collectibles market and they need people to want to buy more.
I assume the biggest players will delegate their risk to others they pay to promote it for them.
I still think the entire space is silly and should go to 0. The masses don’t want it. It’s a small bunch of people who got involved early who will never shut up about it. It seems their path to success is starting to become their downfall.