Altcoins and Shitcoins what's even the difference
Do people still care about Utility?
No "people" don't care about utility. Retarded influencers said pushing memecoins would help get normies in but all it did was make crypto look like more of a scam and bring actual scammers to do daily pump n dump shitcoin scams. Fucking sick of this dogshit
utility
Utility in itself is a meme, so they’re all essentially “token not needed” shitcoins. They always over promise and under deliver. The only case where tokens have an actual use case would be gaming projects or some shit like that, but no one even cares about those.
Shitcoins /memecoins are unironically better. Utility is bagholder simulator. The token inflation and vesting schedules neuter any pump and makes it a miserable experience to hold it. Then you add staking for everyone, instead of limiting it, and the inflation is even worse.
Of course memecoins are not without their pitfalls, and for both cases the idea of a fair launch is not realistic. But atleast with memecoins the team launching the coin will eventually run out of coins, and their is a possibility of a takeover. It is however impossible to get rid of the team that keeps dumping on you with their incredibly large stacks and vesting, hence it feels like the selling pressure never stops on utility shitcoins.
Also utility is still an facade like this anon pointed out evidently.
Nigger, the [current year] average crypto user doesn't even know what utility is. Most are way too dumb to read a white paper or to understand or slightly grasp technological concepts outside the sphere of doggycatniggercumcelebwhore.
The only case where tokens have an actual use case would be gaming projects or some shit like that, but no one even cares about those.
I can see the gaming narrative pick up again. It really is one of the few cases where a token would be needed. People shit on gaming but I think it’s mainly due to the fact that it hasn’t been done right, but there is still lots of money in it and more to be made.
All these other utility projects really have no reason for a token besides maybe “dao” purposes which, I assume, most people don’t give a shit about
Altcoins are shitcoins that passed the 10 billion marketcap.
Once DePIN Decade starts you will see
Shitcoins are subset of altcoins.
See OP
"utility" alts are just memecoins with some promises.
Old Anon Babble utilities alts like grt, band, link, rlc etc didn't dump further until now bc there are a lot of bagholders thinking they will pump again.
Memecoins go straight to the point without delaying deadlines and false promises
Are you talking about Token2049?
Why is every pajeet in Singapore while the market is tanking?
Once DePIN Decade starts you will see
Can you help me understand exactly what DePIN is? To me it seems exactly like the IOT narrative from 2017 where everyone was going to use blockchain to build smart cities.
Shitcoins /memecoins are unironically better. Utility is bagholder simulator.
Only better for 24 hours.
Let that sink in.
Altcoins at least pretend to have a purpose, but shitcoins are just gamble.
The key difference lies in the value and legitimacy of the project behind the coin.
Well naild about utility alts being memecoins with some promises, in fact, fake promises.
SHitcoins aren't only gamble, they're shitcoins that even others are calling themselves shitcoins like shit and boink.
They might sound ridiculous, but that's the magic of the space, sometimes the biggest moonshots come from the craziest names.
So it's always better to take advanatge of time and situation.
It's a crazy, chaotic world out there.
So what’s the takeaway? Embrace the chaos. Buy the stupidest, most ridiculous coin you can find and hold on for dear life. Worst case, it goes to zero like everything else. Best case, you wake up one day and find out you’re a millionaire because some billionaire thought it was funny to pump your shitcoin for a meme. We’re in clown world now, and the only way to win is to laugh along with it.
You mean superset.
Valid points to go home with.
Nah, Venn diagram, you freak.
One thing for sure is that you can't HODL memecoins for life, even though there are blue chip memecoins now.
Is Internet of Things still a thing? I think decentralized physical infrastructure is its extension.
Reminder avax won
Lmao, true. If you're not betting on a coin named after a dog or a food, are you even in crypto? Sometimes it’s the craziest plays that pay off, now gathering shitcoins, hopefully i get rewarded.
IoT has not impact the space as memes has done, Note this before you push it.
Utility's cool and all, but it ain’t the endgame, anon. Just ride the hype, get the community buzzing, sprinkle a bit of utility, and boom, bags secured.
Not about points but about what's making money now in the space.
Anon is based
WAGMI
Get in early on the right memecoins and wait for your bags
utility & legitimacy, keywords
Altcoins
ETH, ARB, SUI, EOS, SOL, BNB, XRP .. ...
shitcoins
wen, shib, cat, wif, icp, zk, strk
There will aaaalways be idiots who believe in muh utilty and future adoption without realizing the 'two more weeks' notice has been delayed hundreds of times over the last 6+ years.
Those who see crapto for what it truly is (money printing from air, i.e. Tether, the biggest excuse for 'collateral' in the whole industry) understand that ultimately it has always been a shitcoin game. Newfags and normies are just noticing NOW because news outlets reported on $NIGGER and all the stupid unfunny dogshit on Solana. Even then, those who know are two steps ahead, buying memecoins that don't suck dick nor have $100 in TVL total.
TL;DR: Shitcoins/memecoins are king even if you don't think that's true. Buy CAT, ETH, BNB and SHIB before it's too late, and remember the FED will act anytime now and will act *hard* when it happens so your time is limited atm.
this
btc + eth if you are smart and already have money (because you are smart and you used that smart factor to build wealth without depending on investing, specially crypto investing)
memecoins if you have little wealth but have some common sense
altcoins if you just want to lose money (few exceptions)
Legitimacy
Ignore Celsius, Terra Labs, FTX and all the other pieces of shit run by literal criminals in the past few years tho. This anon's argument would be pretty sily otherwise!
it's quite absurd how good japanese artists are at drawing armpits and feet. truly something else.
Big whiffa.
using crypto for anything more than buy/sell orders is for a minority of computer nerds that care about it. it's a niche, it's always been a niche, no matter how much conmen want it to be more than that.
staking/farming is as mainstream as it gets and it'll be that way probably forever.
BRO. YOU DON'T FUCKING GET IT BRO. BLOCKCHAIN + AI BRO. THAT'S IT BRO, THIS IS IT FR FR THIS TIME BRO. JUST HAVE SOME FAITH BRA, HOLY FACK.
These are the men that manage to make little girls wearing dresses horny somehow just by tickling your brain with specific positions and expressions. It's artistic, erotic black magic.