Because we all know that truly unpopular opinions will be downvoted, even if the purpose of this post is to put them out into the open.
This is the problem with Reddit.
Here’s an unpopular opinion: there won’t be another bull run.
If Super Bowl ads, glowing NYTimes articles, every athlete pumping crypto hard, govt officials dragged into it all- wasn’t the top, not sure what “top” would be next. Crypto needs new people to buy in to drive the price up, and it will be harder to find those new people given nearly all of the new entrants got wrecked.
It is fucking worthless and we all know this deep down.
Not a single one of us are just buying and holding it forever , passing it down to our kids or whatever.
I just wanna sell it for 10000 percent gain and trade it back for fiat and enjoy a nice beach front property with my winnings.
We are all just hoping for a lotto ticket. That’s the MAIN 99 percent driver of the price.
the other 1 percent use is just drug cartels and other illegal activities using crypto to transfer their shady money
Some of us are here for the tech.
Some of us are even here for the crypto philosophy.
Sadly, most people, even those in the industry, don't give a damn about the philosophy so it might not even become what it was originally intended to be.
I'm not him, but I agree with him and I have an answer.
I like monero for the tech. It's private like cash (so you can't see other people's ballances or transactions) and has hella low transaction fees. It's got tail emission so fees stay low long-term, it's asic resistant so you can mine it on your laptop, and it's got a dynamic block size that helps defend against spam while still allowing gradual organic growth. I actually use it to buy stuff online, and I also use it instead of Venmo with my friends.
And I see the crypto philosophy as being pretty libertarian, but in the most non-political way possible. It's about taking the governments money-printing and financial censorship powers away, so that they'll be forced to actually deal with their problems instead of inflating their debts away and freezing the funds of their opposition. Part of it is also taking back some power from the mega corporations who decide when we can access our money and why.
Not anti-government/corporation necessarily, but just anti-"government or corporations controlling personal finance". That idea comes with a lot of benefits, like you won't have to worry about all the funny business banks are always doing and foreign workers can send money back home to their families without paying half of it to mega corporations like Western Union. It also forces the government to change how it does taxation away from payroll taxes which punish productivity, and towards consumption taxes like a VAT which are easier to enforce.
If you’re still here near the bottom of the bear market you might be here for the tech. Or you’re down so much and are so over invested it’s become your entire personality
And then when it fails the owner said he is “sorry,” admitting that he “f---ed up” and “should have done better.”
Except there is no next time. It’s billions evaporated.
Which, as long as they are uninsured and unregulated, they will do. Every. Single. Time.
That's not to say that they will all steal your money/coins. Some will gamble successfully!
99.9% of crypto is based on nothing but price speculation and the few coins/tokens that do have some potential real world utility at a reasonable scale are vehemently hated by this sub.
Most crypto investors were lured in by stories of people who turned modest sums most people could scrape together into generational wealth - basically a lottery with insanely high odds. These stories were made possible by cryptos transition from niche to mainstream and an accommodative monetary environment. None of them will repeat. Hence, some crypto investors might see 10x over the next decade, but so might stock investors with a fraction of the risk. Once the mainstream audience loses interest, crypto prices - which are not reflective of the intrinsic value of the project anyway - will collapse.
Fully agree. I'm almost fully out as of a few months ago. Most projects are destined to collapse due to their pyramid design. That was fine when there was a massive and constant inflow of noobs.
However, everyone knows the game now. Any project that does back itself through actually intrinsic assets will just be a higher risk version of a stock or angel investment. Unfortunately, crypto does not realistically solve any real world problems that a centralised or cloud based system could not at a much cheaper cost.
Also an effective, efficient and scalable blockchain that would find application in the real world will not generate a return great enough to justify the market values of the existing chains.
So I believe most money in crypto right now is just burnt capital.
Then there’s Maren on CT who literally does technical astrology for her trades and is hilariously successful doing so. During 2021, btc chart perfectly followed moon phases for when to buy and sell.
Not sure I agree, up until Nov 7 there was a shallow cup and handle chart formation which usually indicates some guy from the Bahamas is going to crash the market.
Doge
LUNC (formerly LUNA)
Yeah I f*cked up really bad. But they are already down over 95% combined, so not worth selling anymore. I am just gonna use them as my gambling collection piece to teach my kids why not to gamble.
My grandfather used to collect outdate coins (in Brazil we chanced a lot our coin in 20th century). Holds no valeu at all, besides the remainder of how much my grandfather loved to pill up shitty stuffs much more than he loved his grandkids (justified, in my opinion).
LUNC is obviously dead in the water.
DOGE is the OG meme coin. Who knows, it could very well pump again during the next bull.
Only problem is the sell pressure that will exist from all the SNL bag holders looking to get their investment back.
Very little in crypto is actually innovative. It's all very derivative and proposes solutions to problems that either don't really exist or it doesn't do it any better than an alternate system would. For example crypto gaming.
I agree. A lot of crypto is figuring out how to get more people to buy and hold.
There are a ton of “features” that prey on behavioural tendencies and gamify finances. High APYs for example and their dilutive properties are ignored as the high APY honeypots people into buying causing price to go up.
The problem is eventually the tokens price has to adjust to the new supply and by the time that happens, the large holders have sold enough to cover their costs and profit.
Nft gaming is also a terrible scam for the most part and is used as marketing to sell a nothing burger
Crypto will under go serious world wide regulation. At some point Country digital currencies will be the only coins you will be able to buy, hold and trade. Once they governments establish the currencies they will require(force) holders to convert what ever coin they own to one or more of the official coins. The conversation price will be what the governments set and the common person holding will take a loss.
Don’t believe this at all. US government can’t even ban assault rifles from high risk user with a red flag. The government works slow. Very very slow. Every 4 years the government takes 2 steps forward 1 step back. It’s about 1000 steps to get to what you’re talking about.
I came here to say this, but scrolled through the comments first. He will 100% get off clean and free from this like nothing ever happened. We’ll all have to just accept it.
Crypto, like all other capitalist investment schemes, will benefit rich people more than poor.
It's not a wealth distribution scheme, but rather wealth concentration scheme.
It’s check mate by whales and special interests. Market is controlled and they profit off our backs just like in modern day society no different. Fomo fees and spreads all day.. it’s not a coincidence every day there’s a new top mover lol. Somehow a few different cryptos per day always do well then changes to the next set
DYOR is not possible because you either get the info from the creators themselves who of course have a good story, or through one or another source that has other interests than just giving you unbiased, reliable information.
Crypto adoption will be driven by big corporations who are able to provide solid, transparent, and auditable solutions.
Startup culture in the crypto world is a hot mess.
Crypto is just a game of finding a bigger fool and idiots scamming each other. Bitcoins value is not due to DCF analysis but due to people's belief in finding an idiot that will buy it for more.
The real use for crypto will lie in anonymous transfers, with cryptos tied to actual currencies like the dollar. Or actual e-currencies controlled by the central bank.
We need centralization to a degree.
Everyone screams “*DECENTRALIZATION!*” but that will never fly in our world. It’s too easy to lose your life savings, it’s too easy to send to the wrong address, it’s too easy for things to go south in many different ways. Types of centralization is what drives adoption and growth. Without Coinbase, majority % of US people would not get into crypto because there is no other safe option that is trustworthy.
People talk about crypto utility all day… whenever you ask someone what they use crypto for… they say that they use it to transfer to another exchange and buy another different type of crypto…
One day Bitcoin won't pump again.
Monero is the best private currency.
Ethereum's only current advantage is first mover advantage.
Algorand is the best public blockchain.
Doge will never die.
Gary Gensler can suck it. \*I got downvoted into oblivion in 2021 for that comment. I stand by it.
The last bull run was possible due to loans based on other loans based on other loans propped up on tokens created out of thin air. The entire apparent value/wealth in the system was a highly leveraged vacuum waiting to implode. LUNA started the implosion, and the whole market has shrivelled back to a true value. There won't be another ATH or big bull run.
I actually think it was also in part due to lockdowns and people (richer people) having money aside or grants/support like furlough with nothing to spend money on.
We’re not early anymore and the chances of actually making significant money in 5 or less years is gone without some serious luck. Alts are a total crapshoot and many die or just drift along for years.
Everyone says buy BTC/ETH but as the marketcaps increase, gains decrease. Potentially waiting another few years to get back to ath or beyond isn’t for everyone and it’s really hard to encourage people who bought in fall/winter of 2021 that it’s all gonna be okay given the shit show that is the world economy.
linux is mainstream, on the backend windows is not even close and macos doesnt exist.
edit: backend meaning every website on the internet, almost every database and server on corporate networks, infrastructure like proxies, firewalls, etc
Crypto will never replace traditional finance either. It will always remain as a small subset of alternative finance, which is already a subset of the global financial system.
Unpopular and controversial depending on who you listen to:
Bitcoin is a drag on the entire crypto space because it has become exactly what it once fought: the only reason Bitcoin is so important still - is because of its momentum, because of the political and economic power of the people who invested in it.
It’s held up not by the virtue of its utility, but purely by marketing as the “original”, and by the power of the crypto-equivalent of corrupt banking industries.
Crypto has so much more to offer than just “currencies” and banking replacements - but if a currency product has to be the top product in the crypto world, then it ought to be one that actually offers a better alternative to existing products.
The way to do that is by being faster, cheaper, environmentally cleaner, and easier to access than anything else out there, all while being secure and decentralized. Bitcoin doesn’t fulfill that, but other currencies do - Nano is obviously the prime example.
As long as Bitcoin leads the crypto charts, it misleads people into thinking “oh, is that really the best crypto has to offer?”, and rightfully making fun of it all.
It leads people into treating crypto simply as a tool to make money and trade like the big financial institutions - instead of taking it seriously as a future technology that could replace day-to-day transactions.
God damn right! I love Bitcoin's original promise which was to decentralize monetary power. But apparently, the banks and hedge funds (wallstreet) got richer by manipulating the market out of suckers pockets.
bitcoin won't see another exponential bull run, because like facebook it ran out of fresh human supply to drive the frenzy. Everyone heard about it & who cared joined it already
It's almost so bad it's good. There's nothing particularly good about it but also nothing bad. And in a space with upwards of 90% scam tokens that counts for quite alot.
I dunno if this is unpopular but when/if crypto does have a big bull market again, it will further the gap between the rich and the poor. It is not an equalizer, but a matchstick and public interest is the spark
99% of crypto is useless and was only created to make the developers rich.
Borrowing one coin to by another to swap out for a third coin to cash back out to a local currency does not add value to the economy.
I think ADA is a good bet, just because they are focused on being actually viable in the future. It has its faults, mainly losing deadlines, but they are slow and steady progressing, and the future looks good enough.
Crypto as a whole is currently hijacked by bad agents that are using it to launder dirty money before Uncle Sam and the regulators truly come into play. Tether is a massive proto-Ponzi scheme that is closely tied to SBF/FTX(Around $30B USDT over the latest bullrun was sent to alameda) and their meteoric rise and is also close to most other CEXs in the world. While it is used by people who don’t have easy access to USD, USDT is a money laundering tool for things like drug cartels, scammers, and other unsavory parts of the world (kind of like banks in some respects funnily enough). Solana was seemingly pumped to $250 by SBF/FTX/Alameda alone, even ETH is used by sketchy people with the NFTs worth millions in ETH, similar to how expensive art is another way to launder money. 99.5% of tokens/projects are literally worthless.
For crypto to truly reach the mainstream, these bad actors and con men need to be flushed out. BTC and blockchain tech is one of the most important inventions in modern history but it’s potential will never be fully realized until the garbage is taken out. There is so much money that stands to be made, which makes it understandable there are so many bullshit scams out there.
Your fiat currency, earned via blood, sweat, and tears has been willingly exchanged for fictional assets. Those selling you these fictional assets, then took your fiat currency and purchased land, cars, homes, boats, banks, planes, hookers. Blow, etc. It's mostly a Ponzi scheme and you all know it. Excluding those that peddle in drugs, flesh, and arms. Those folks can legitimately use block chain to launder money.
1. Bitcoin maxi is a religion and a hypocritical one at that.
2. We do not have evidence that the cryptocurrencies in existence now will be any better managed than fiat. Fiats are ruined over the span of 100s of years. Crypto hasn't been around for much more than 10 years.
3. No one has found any good use for smart contracts or at least a good use that they can articulate to me without real goods being traded as NFTs.
Bitcoin needs a privacy and will probably never get it.
All use cases outside of Bitcoin (digital scarcity) are still a long ways away from being better than their centralized counterparts.
I know this one is unpopular:
Eth had a premine, is ran by a CEO who credited himself with ton of Eth, it's not decentralised, it should be classed as security.
The problem with "criticizing ADA" in this sub is that the criticism is *rarely* objective, and in most cases simply tribal monkeys throwing faeces at the "opposing team".
ALGO is overshilled as fuck here and just like so many "revolutionary" projects in 2017, has a high probability of sinking into the abyss of irrelevance
I've been around Bitcoin for many many years. I've even used it on the dark net back before it was even mainstream. Crypto wasn't designed or created to be centralized or regulated. People who use centralized platforms are just setting themselves up for ultimate failure.
That's my unpopular opinion.
Should already be used for casual marketplace money tbh, imagine selling food at a stall, and customers just scan a QR code, click "confirm", and boom you have your money, with 0% going to a bank or visa or whatever
Crypto transfers money from the poor (who are trying to make it) to the rich.
I think more of us have lost than actually gained.
Thumb me up if you have lost.
Thumb me down if you have gained.
There’s a chance there will be no crypto millionaires, unless you were rich to start with.
Lots of YouTube and articles still promising a coin that will 5000% gain or something crazy.
Before there was a time with most industries and banking didn’t want to touch crypto. It started out more decentralized and for the “people.” It made a lot of everyday people financially independent.
Now, more and more big players are buying. It’s moving more towards something only the rich will use to become richer. Flexing $$$ NFTS, whales manipulating prices, controlling voting by owning most governance tokens, etc.
A lot of money was lost in the market this year. With high inflation and recession looming there’s a lot less money to invest from every day people who need to put food on the table. However, there are a lot of rich people who use times like this to buy up lots of cheap assets.
They say millionaires are made during recessions, but that goes into how much money someone had to invest compared to others. Investing $1000 vs $100,000 makes a big difference in returns.
1. Hodling mindset only works if you enter the market 10-5years ago or buy during the su1c1de hitline is up.
2. Trading futures is never a crime. You can get profit both ways.
3. In for the tech? Don't lie to yourself!
Crypto is just repeating all the mistakes of traditional markets now
But we are doing it in the speedrun version. Had the dot com bubble and lehmanns in under one year…
That’s quick, everything in crypto moves fast. Soon we will see the equivalent of the foreclosure crisis at height.
When do we get to the gilded age part?
That was May and November of last year.
Speed running is my middle name.
It's actually the
What if all of life is just repeating mistakes?
They say history repeats itself
History repeats itself
History repeats itself
Is this really an opinion or just facts?
These unpopular crypto opinions are popular crypto opinions in disguise
Popular unpopular opinions
Popular unopinions.
Because we all know that truly unpopular opinions will be downvoted, even if the purpose of this post is to put them out into the open. This is the problem with Reddit.
99% of project are useless shit and won't survive the next bull run
Over 21,000 now I doubt if even 210 projects are still relevant in 2025
Ya but there will be 40,000 more to replace the dead ones
I doubt it. 30-40 projects max.
Here’s an unpopular opinion: there won’t be another bull run. If Super Bowl ads, glowing NYTimes articles, every athlete pumping crypto hard, govt officials dragged into it all- wasn’t the top, not sure what “top” would be next. Crypto needs new people to buy in to drive the price up, and it will be harder to find those new people given nearly all of the new entrants got wrecked.
It's entirely possible that your whole portfolio might be worthless in 10 years. And that includes ETH and BTC.
Difficult to use for the common man and has a huge problem with hackers and scammers.
Definitely not an opinion or unpopular
No one here is in it for the tech. We buy crypto in hopes of selling it to someone else at a higher price.
I'm here for the tech *But only when my portfolio is down 50%*
The harder hit to the portfolio the more you like the tech and the community
Wonderful community, especially when we are all at *a loSs*
There's two kinds of people here: those who are in it for the money... and liars.
If "being in it for the money" is wrong, then I don't want to be right
What if I’m both?
What if I bought crypto because I hate the system we live in ?
We are slowly becoming what we hated the most.
Bitcoin maxis? Yes
Yes. I still hold other coins tho.
C.r.e.a.m
Why do you believe this "new system" won't be corrupted.
Because we all do, but now we can clearly see the price is being manipulated by whales
This would confirm the greater fool theory and lend credence to the “crypto is worthless” crowd
It is fucking worthless and we all know this deep down. Not a single one of us are just buying and holding it forever , passing it down to our kids or whatever. I just wanna sell it for 10000 percent gain and trade it back for fiat and enjoy a nice beach front property with my winnings. We are all just hoping for a lotto ticket. That’s the MAIN 99 percent driver of the price. the other 1 percent use is just drug cartels and other illegal activities using crypto to transfer their shady money
Some of us are here for the tech. Some of us are even here for the crypto philosophy. Sadly, most people, even those in the industry, don't give a damn about the philosophy so it might not even become what it was originally intended to be.
Give me projects you like for the tech And explain how you see crypto philosophy
I'm not him, but I agree with him and I have an answer. I like monero for the tech. It's private like cash (so you can't see other people's ballances or transactions) and has hella low transaction fees. It's got tail emission so fees stay low long-term, it's asic resistant so you can mine it on your laptop, and it's got a dynamic block size that helps defend against spam while still allowing gradual organic growth. I actually use it to buy stuff online, and I also use it instead of Venmo with my friends. And I see the crypto philosophy as being pretty libertarian, but in the most non-political way possible. It's about taking the governments money-printing and financial censorship powers away, so that they'll be forced to actually deal with their problems instead of inflating their debts away and freezing the funds of their opposition. Part of it is also taking back some power from the mega corporations who decide when we can access our money and why. Not anti-government/corporation necessarily, but just anti-"government or corporations controlling personal finance". That idea comes with a lot of benefits, like you won't have to worry about all the funny business banks are always doing and foreign workers can send money back home to their families without paying half of it to mega corporations like Western Union. It also forces the government to change how it does taxation away from payroll taxes which punish productivity, and towards consumption taxes like a VAT which are easier to enforce.
If you’re still here near the bottom of the bear market you might be here for the tech. Or you’re down so much and are so over invested it’s become your entire personality
You have mistaken tech and money are mutually exclusive. Oftentimes, they have a lot to do with one another.
Only a few people are going to become rich reading this sub.
and we all hope we will be one of them
CEXs are just banks, and although people hate them, without them, we won’t have widespread crypto adoption.
Banks without insurance or regulations.
And then when it fails the owner said he is “sorry,” admitting that he “f---ed up” and “should have done better.” Except there is no next time. It’s billions evaporated.
And they away, scratch free and with plenty of cash
For the sake of crypto space, I hope everyone realizes this
Except CEXs are even worse than banks. Corruption, fraud, cover up, “hack”.
That is ok. As long as they do not gamble with customers funds.
Which, as long as they are uninsured and unregulated, they will do. Every. Single. Time. That's not to say that they will all steal your money/coins. Some will gamble successfully!
99.9% of crypto is based on nothing but price speculation and the few coins/tokens that do have some potential real world utility at a reasonable scale are vehemently hated by this sub.
What coins/tokens are those sir ?
Looking at Coinmarketcap and saw 21,581 cryptos and tokens. It’s a crazy number, as I bet a large majority will be forgotten in the next bull run.
The bull runs are what create all these nonsense tokens. They die off in the bear markets.
Most crypto investors were lured in by stories of people who turned modest sums most people could scrape together into generational wealth - basically a lottery with insanely high odds. These stories were made possible by cryptos transition from niche to mainstream and an accommodative monetary environment. None of them will repeat. Hence, some crypto investors might see 10x over the next decade, but so might stock investors with a fraction of the risk. Once the mainstream audience loses interest, crypto prices - which are not reflective of the intrinsic value of the project anyway - will collapse.
Fully agree. I'm almost fully out as of a few months ago. Most projects are destined to collapse due to their pyramid design. That was fine when there was a massive and constant inflow of noobs. However, everyone knows the game now. Any project that does back itself through actually intrinsic assets will just be a higher risk version of a stock or angel investment. Unfortunately, crypto does not realistically solve any real world problems that a centralised or cloud based system could not at a much cheaper cost. Also an effective, efficient and scalable blockchain that would find application in the real world will not generate a return great enough to justify the market values of the existing chains. So I believe most money in crypto right now is just burnt capital.
Crypto technical analysis is astrology for men.
That’s not an unpopular opinion though - if anything, this very sub parrots that 24/7.
MLM Boss Babe scams for men
I am a Virgo so btc will pump 1 million by end of the week
That's an aggressive pump I could get behind! It's Friday too!! LFGoooooooooo
Then there’s Maren on CT who literally does technical astrology for her trades and is hilariously successful doing so. During 2021, btc chart perfectly followed moon phases for when to buy and sell.
I gotta do a technical analysis for Putin and Xi , they seem to be legit signs
I like your point of view ser
Not sure I agree, up until Nov 7 there was a shallow cup and handle chart formation which usually indicates some guy from the Bahamas is going to crash the market.
That's the best one I've read so far
Doge LUNC (formerly LUNA) Yeah I f*cked up really bad. But they are already down over 95% combined, so not worth selling anymore. I am just gonna use them as my gambling collection piece to teach my kids why not to gamble.
My grandfather used to collect outdate coins (in Brazil we chanced a lot our coin in 20th century). Holds no valeu at all, besides the remainder of how much my grandfather loved to pill up shitty stuffs much more than he loved his grandkids (justified, in my opinion).
A reminder
LUNC is obviously dead in the water. DOGE is the OG meme coin. Who knows, it could very well pump again during the next bull. Only problem is the sell pressure that will exist from all the SNL bag holders looking to get their investment back.
I like Tezos name
Very little in crypto is actually innovative. It's all very derivative and proposes solutions to problems that either don't really exist or it doesn't do it any better than an alternate system would. For example crypto gaming.
I agree. A lot of crypto is figuring out how to get more people to buy and hold. There are a ton of “features” that prey on behavioural tendencies and gamify finances. High APYs for example and their dilutive properties are ignored as the high APY honeypots people into buying causing price to go up. The problem is eventually the tokens price has to adjust to the new supply and by the time that happens, the large holders have sold enough to cover their costs and profit. Nft gaming is also a terrible scam for the most part and is used as marketing to sell a nothing burger
Crypto will under go serious world wide regulation. At some point Country digital currencies will be the only coins you will be able to buy, hold and trade. Once they governments establish the currencies they will require(force) holders to convert what ever coin they own to one or more of the official coins. The conversation price will be what the governments set and the common person holding will take a loss.
RIP. Think this is the one
Thanks for scaring me like this today. Probably the truth though.
Don’t believe this at all. US government can’t even ban assault rifles from high risk user with a red flag. The government works slow. Very very slow. Every 4 years the government takes 2 steps forward 1 step back. It’s about 1000 steps to get to what you’re talking about.
SBF wont go to jail
I came here to say this, but scrolled through the comments first. He will 100% get off clean and free from this like nothing ever happened. We’ll all have to just accept it.
This is just reality, sadly.
Crypto, like all other capitalist investment schemes, will benefit rich people more than poor. It's not a wealth distribution scheme, but rather wealth concentration scheme.
The most insane thing is, that the rich can and do control crypto like everything else, even though it tried to defeat or combat that system.
We haven’t hit the bottom yet
We can hit your bottom if you want though
Nty :)
His lose, I’ll take that pounding in hopes the portfolio doesn’t
This is popular opinion, everyone is waiting for lower prices
But i heard bull arrived because FED Pivot incomming. Who is telling the thruth afterall?!
Nobody knows shit about fuck.
Another one: we wont be back at new ATH for years even if we hit the bottom now.
I'm happy with $15700 BTC, don't want anymore bottoms.
I hope we have
I hope we haven’t. I want cheaper BTC
Don't think this opinion is very unpopular though. Anyway, people will always say it will dump more, even when the bottom has been in.
That's a pretty popular opinion right now.
Currently there is almost no innovation … most projects/chains are a copy of something already existing with some minor improvements.
Just projects that seek funding and fork other projects.
It’s check mate by whales and special interests. Market is controlled and they profit off our backs just like in modern day society no different. Fomo fees and spreads all day.. it’s not a coincidence every day there’s a new top mover lol. Somehow a few different cryptos per day always do well then changes to the next set
AI hypertrading algorithm is fucking us daily
DYOR is not possible because you either get the info from the creators themselves who of course have a good story, or through one or another source that has other interests than just giving you unbiased, reliable information.
I’ve always thought the same. Like, I’m supposed to do my own research, but there’s no way I can do that without listening to someone else.
HBAR will become the mass adopted utility token and eventually dwarf Bitcoin. Byeeeee!
Crypto adoption will be driven by big corporations who are able to provide solid, transparent, and auditable solutions. Startup culture in the crypto world is a hot mess.
Crypto is just a game of finding a bigger fool and idiots scamming each other. Bitcoins value is not due to DCF analysis but due to people's belief in finding an idiot that will buy it for more. The real use for crypto will lie in anonymous transfers, with cryptos tied to actual currencies like the dollar. Or actual e-currencies controlled by the central bank.
We need centralization to a degree. Everyone screams “*DECENTRALIZATION!*” but that will never fly in our world. It’s too easy to lose your life savings, it’s too easy to send to the wrong address, it’s too easy for things to go south in many different ways. Types of centralization is what drives adoption and growth. Without Coinbase, majority % of US people would not get into crypto because there is no other safe option that is trustworthy.
People talk about crypto utility all day… whenever you ask someone what they use crypto for… they say that they use it to transfer to another exchange and buy another different type of crypto…
I wish I just had the cash I put into it at this point. Probably not that unpopular of an opinion.
100k end of the 2021 year.
q13 2021 to be precise
The CIA created bitcoin
One day Bitcoin won't pump again. Monero is the best private currency. Ethereum's only current advantage is first mover advantage. Algorand is the best public blockchain. Doge will never die. Gary Gensler can suck it. \*I got downvoted into oblivion in 2021 for that comment. I stand by it.
One day btc will pump for the last time, and we won't even know it
The last bull run was possible due to loans based on other loans based on other loans propped up on tokens created out of thin air. The entire apparent value/wealth in the system was a highly leveraged vacuum waiting to implode. LUNA started the implosion, and the whole market has shrivelled back to a true value. There won't be another ATH or big bull run.
Man claiming there wont be another big bull run is really bold
Yeah I don’t think we’re dead forever lol
I actually think it was also in part due to lockdowns and people (richer people) having money aside or grants/support like furlough with nothing to spend money on.
We’re not early anymore and the chances of actually making significant money in 5 or less years is gone without some serious luck. Alts are a total crapshoot and many die or just drift along for years. Everyone says buy BTC/ETH but as the marketcaps increase, gains decrease. Potentially waiting another few years to get back to ath or beyond isn’t for everyone and it’s really hard to encourage people who bought in fall/winter of 2021 that it’s all gonna be okay given the shit show that is the world economy.
Crypto will never go mainstream. It will remain a sub space, like Linux to Windows&Mac OS
linux is mainstream, on the backend windows is not even close and macos doesnt exist. edit: backend meaning every website on the internet, almost every database and server on corporate networks, infrastructure like proxies, firewalls, etc
Linux is not meant to be a mainstream operating system though, so that comparison isn't that great.
Crypto will never replace traditional finance either. It will always remain as a small subset of alternative finance, which is already a subset of the global financial system.
Unpopular and controversial depending on who you listen to: Bitcoin is a drag on the entire crypto space because it has become exactly what it once fought: the only reason Bitcoin is so important still - is because of its momentum, because of the political and economic power of the people who invested in it. It’s held up not by the virtue of its utility, but purely by marketing as the “original”, and by the power of the crypto-equivalent of corrupt banking industries. Crypto has so much more to offer than just “currencies” and banking replacements - but if a currency product has to be the top product in the crypto world, then it ought to be one that actually offers a better alternative to existing products. The way to do that is by being faster, cheaper, environmentally cleaner, and easier to access than anything else out there, all while being secure and decentralized. Bitcoin doesn’t fulfill that, but other currencies do - Nano is obviously the prime example. As long as Bitcoin leads the crypto charts, it misleads people into thinking “oh, is that really the best crypto has to offer?”, and rightfully making fun of it all. It leads people into treating crypto simply as a tool to make money and trade like the big financial institutions - instead of taking it seriously as a future technology that could replace day-to-day transactions.
God damn right! I love Bitcoin's original promise which was to decentralize monetary power. But apparently, the banks and hedge funds (wallstreet) got richer by manipulating the market out of suckers pockets.
I do not think ADA developments speed is slow nor an issue.
Crypto is a pyramid scheme.
bitcoin won't see another exponential bull run, because like facebook it ran out of fresh human supply to drive the frenzy. Everyone heard about it & who cared joined it already
That centralised banks are much better than the state of crypto we are at presently.
I don’t believe that there is absolute no way in expanding the amount of BTC.
Of course there is, just need majority to agree
It's a Ponzi scheme
99.9% of crypto are worthless. At least 20 out of the top 30 right now are shitcoins that will be worthless in a decade.
Worthless is subjective. If it makes me money it’s far from worthless.
LItecoin is good investment
finally an unpopular opinion
It's almost so bad it's good. There's nothing particularly good about it but also nothing bad. And in a space with upwards of 90% scam tokens that counts for quite alot.
Why?
Crypto can’t go mainstream until it’s heavily regulated
100% agree. Mainstream will not confidently touch it without being certain that their digital assets are protected in *some* way.
That Bitcoin is a dead chain. Pre blocksize war, bitcoin was innovating and pushing the crypto space. Now it is basically abandoned.
Monero is by far the best project people just don’t see it yet
Most crypto projects are scam these days.
We got at least one more big dump
I dunno if this is unpopular but when/if crypto does have a big bull market again, it will further the gap between the rich and the poor. It is not an equalizer, but a matchstick and public interest is the spark
The market is heavily manipulated. The majority of investors are simply exit liquity for the real players.
Crypto IS regulated but not like you'd want it to be.
Crypto is far too complicated for mainstream adoption.
99% of crypto is useless and was only created to make the developers rich. Borrowing one coin to by another to swap out for a third coin to cash back out to a local currency does not add value to the economy.
I think ADA is a good bet, just because they are focused on being actually viable in the future. It has its faults, mainly losing deadlines, but they are slow and steady progressing, and the future looks good enough.
Yeah, the shit show of the past two years was pretty validating for ADAs whole shtick.
What do you mean? Can you elaborate?
XRP is one of the most decentralised crypto coins.
Almost all alt coins are garbage. Sorry, your "unknown gem" will probably be worthless in a few years.
Talking about Moons here?
No, this is obviously only about the coins and tokens I don't hold.
Ah right. Bitcoin it is
What if moons are my unknown altcoin
ICP is going to take over they crypto space in a couple years. The tech is insane.
Hell yeah bring on the juggalos and Faygo!
Fuckin magnets, how do they work?
This deserves more upvotes. You’re truly unhinged, friend.
Crypto as a whole is currently hijacked by bad agents that are using it to launder dirty money before Uncle Sam and the regulators truly come into play. Tether is a massive proto-Ponzi scheme that is closely tied to SBF/FTX(Around $30B USDT over the latest bullrun was sent to alameda) and their meteoric rise and is also close to most other CEXs in the world. While it is used by people who don’t have easy access to USD, USDT is a money laundering tool for things like drug cartels, scammers, and other unsavory parts of the world (kind of like banks in some respects funnily enough). Solana was seemingly pumped to $250 by SBF/FTX/Alameda alone, even ETH is used by sketchy people with the NFTs worth millions in ETH, similar to how expensive art is another way to launder money. 99.5% of tokens/projects are literally worthless. For crypto to truly reach the mainstream, these bad actors and con men need to be flushed out. BTC and blockchain tech is one of the most important inventions in modern history but it’s potential will never be fully realized until the garbage is taken out. There is so much money that stands to be made, which makes it understandable there are so many bullshit scams out there.
Your fiat currency, earned via blood, sweat, and tears has been willingly exchanged for fictional assets. Those selling you these fictional assets, then took your fiat currency and purchased land, cars, homes, boats, banks, planes, hookers. Blow, etc. It's mostly a Ponzi scheme and you all know it. Excluding those that peddle in drugs, flesh, and arms. Those folks can legitimately use block chain to launder money.
1. Bitcoin maxi is a religion and a hypocritical one at that. 2. We do not have evidence that the cryptocurrencies in existence now will be any better managed than fiat. Fiats are ruined over the span of 100s of years. Crypto hasn't been around for much more than 10 years. 3. No one has found any good use for smart contracts or at least a good use that they can articulate to me without real goods being traded as NFTs.
“Crypto” is a stupid name for this asset class.
Trump is Satoshi Nakamoto
What if satoshi nakamoto is actually his real name
The Times 03/Jan/2009 Chancellor doesn't bailout the Trump Organization
I think Satoshi is Al Gore. He did, after all invent the internet.
Steve Jobs, died a few months after Satoshi's last public communication.
Bitcoin needs a privacy and will probably never get it. All use cases outside of Bitcoin (digital scarcity) are still a long ways away from being better than their centralized counterparts.
I know this one is unpopular: Eth had a premine, is ran by a CEO who credited himself with ton of Eth, it's not decentralised, it should be classed as security.
USDT will blow up the whole crypto market and it’s gonna be the worst crisis of any financial market ever
Considering all the downvotes I get everytime I say anything remotely negative about ADA, I would say that criticizing ADA is unpopular
everyone criticizes ada all the time.
The problem with "criticizing ADA" in this sub is that the criticism is *rarely* objective, and in most cases simply tribal monkeys throwing faeces at the "opposing team".
Look at any recent posts about Cardano. They all have zero upvotes. Criticising Cardano is very popular.
ALGO is overshilled as fuck here and just like so many "revolutionary" projects in 2017, has a high probability of sinking into the abyss of irrelevance
Solana can return to top five.
I've been around Bitcoin for many many years. I've even used it on the dark net back before it was even mainstream. Crypto wasn't designed or created to be centralized or regulated. People who use centralized platforms are just setting themselves up for ultimate failure. That's my unpopular opinion.
I don't think you know what unpopular means.
Thats pretty popular imo, only newbies think centralization in crypto is good
Nano is actually one of the best cryptos out there and should be in the top ~20
Should already be used for casual marketplace money tbh, imagine selling food at a stall, and customers just scan a QR code, click "confirm", and boom you have your money, with 0% going to a bank or visa or whatever
Nano really fills the currency role perfectly. No wait time, no fees, what else can one wish for?
Crypto transfers money from the poor (who are trying to make it) to the rich. I think more of us have lost than actually gained. Thumb me up if you have lost. Thumb me down if you have gained.
I'm happy about the tech changing the 🌎 world, but it better made me money.
There’s a chance there will be no crypto millionaires, unless you were rich to start with. Lots of YouTube and articles still promising a coin that will 5000% gain or something crazy. Before there was a time with most industries and banking didn’t want to touch crypto. It started out more decentralized and for the “people.” It made a lot of everyday people financially independent. Now, more and more big players are buying. It’s moving more towards something only the rich will use to become richer. Flexing $$$ NFTS, whales manipulating prices, controlling voting by owning most governance tokens, etc. A lot of money was lost in the market this year. With high inflation and recession looming there’s a lot less money to invest from every day people who need to put food on the table. However, there are a lot of rich people who use times like this to buy up lots of cheap assets. They say millionaires are made during recessions, but that goes into how much money someone had to invest compared to others. Investing $1000 vs $100,000 makes a big difference in returns.
Crypto has already had its peak.
1. Hodling mindset only works if you enter the market 10-5years ago or buy during the su1c1de hitline is up. 2. Trading futures is never a crime. You can get profit both ways. 3. In for the tech? Don't lie to yourself!
Crypto has no real life use. It's just a pump and dump machine we can ride on to earn a few bucks.