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2 years ago

(May 07, 2023 07:14)

Why do people ape into the memes but stay extremely skeptical of actual projects?

As the title says, I've been noticing more and more people rushing to spend money on meme coins (and the likes), in what I can only assume are the hopes of turning a massive profit out of a much smaller amount of money. My question is, why are people so willing to literally gamble their money on meme coins and hype when much better projects with much more utility have existed for so long and are known to be much better and more trustworthy in the long term? And on top of that, why is there so much skepticism about these real projects, but almost none on meme projects without any real roadmap or plan going into the future? Is it purely because people just accept the fact that the memes are nothing but degen gambling, or am I missing something here?

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2 years ago

(May 07, 2023 07:54)

The Bitcoin block reward has gone up 3 Bitcoin in the last hour

I just made a post about the Bitcoin block reward steadily rising over the past week. I checked the block rewards and I was astonished...it hasn't been below 10 Bitcoin in the last 6 blocks. https://preview.redd.it/7gtvi9uuqgya1.png?width=920&format=png&auto=webp&v=enabled&s=05b2796f79a71925fdeea56ced3aac80a89296da The block reward has been steadily growing BUT please note the priority fee you must pay for you transaction to be put in the next block is over 4x higher than it was 5 days ago. ​ [5 days ago](https://preview.redd.it/nfwazh7crgya1.png?width=550&format=png&auto=webp&v=enabled&s=59404ac5bfc03128c29b9b0deca3e62fa45808eb) ​ [Today](https://preview.redd.it/nf53hagxrgya1.png?width=433&format=png&auto=webp&v=enabled&s=2e44f1728df1a0c4eba5c7fbfc61f1368b1c62ac) At this rate the Bitcoin fees paid to the miners in the block reward will grow larger than the reward for validating a new block.

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91

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2 years ago

(May 07, 2023 05:44)

Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees

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77

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74

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2 years ago

(May 07, 2023 06:08)

🖕🏻🏦

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34

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109

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89% up

2 years ago

(May 07, 2023 06:22)

🏦JPMorgan BANK US biggest bank holds a (MASSIVE gold derivative SHORT position 💰📈 That could be LARGER than the bank’s total assets (AUM)

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57

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34

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2 years ago

(May 07, 2023 05:33)

Pick an Investment

Buy the dip and HODL.

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28

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73

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2 years ago

(May 07, 2023 06:01)

Binance resumes Bitcoin withdrawals after temporary closure

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47

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42

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2 years ago

(May 07, 2023 07:15)

Goest and fucketh thyself

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10

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131

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2 years ago

(May 07, 2023 09:13)

Binance closes BTC withdrawals amid congestion on the Bitcoin network

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37

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15

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2 years ago

(May 07, 2023 05:10)

U.S. Bank Failures Are Fueling Crypto Adoption | ETF Trends

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23

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21

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2 years ago

(May 07, 2023 09:53)

Liechtenstein Intends to Enable Bitcoin as a Payment Method for Government Services

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31

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15

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2 years ago

(May 07, 2023 08:21)

I've curated a list of top crypto blogs and sites worth exploring to educate yourself in the crypto space and gain valuable insights

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18

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22

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2 years ago

(May 07, 2023 09:32)

Active Ethereum Deposits Hit 1.5-Year High as Traders Convert PEPE Profits

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38

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9

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75% up

2 years ago

(May 07, 2023 09:02)

China's Supreme Court Recognizes Use of Cryptocurrencies to Settle Debts

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22

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17

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71% up

2 years ago

(May 07, 2023 07:35)

SEC Gives One Whistleblower Record $279,000,000 Award for Providing Information That Led to Enforcement Action

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41

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6

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