This is why i love when the market corrects because i only invest in the good projects that i believe will address real issues like singularity.net decentalizing ai.. The reality though is most projects are only working based on that casino like get rich idea.

This is not a crypto newbie issue. The people who been in crypto forever are some of the main people propping up these useless projects. They are as much part of the problem as the solution so they lose their money like everyone else on dumps because for some reason they lack common sense as well. Yes what's happening is people are going to wise up and not because they want to. It's just by default going to happen and then projects that address real life problems like what happens when automation takes 47% of jobs and displaces workers in 5 years and projects like bitcoinmyk.com are around to provide real approaches to real solutions and not pyramid like businesses only working because they themeselves operate on that very idea of making quick money but the projects themselves don't solve any real problems they don't even attract the users it needs to attract to create more stable markets.

So they do nothing really but overly risk our money for very little reward but hopium and fantasies of grandeur and we wonder why the projects fail and go to 300 rankings and 2000 rankings as such. Well this is why they fail because they are taking the easy route which is flash cash and pull on peoples heart strings and gamble and solve all their economic problems in a short period which never occurs.

Nobody in this space really plays to fundamentals if they did then there are a number of worthwhile projects that should be in teh top 10 because they are addressing catastrophic issues we need answers to in teh future. Like i mentioned singularity.net and bitcoinmyk none of which are in the top 10.. none in which are being praised and used and they should be because they are amongst the only projects even addressing the issues.

The tokenomics of pumping up coins value for no reason is what the game is .. That's a game i promise you will end in tears and with you all with less value. Less money and less users. it's already happening. Why is it happening because you all suffer from a cognitive dissonance.

This is not a newbie issue. This is a cryptocurrency issue. Will it be corrected? Yes it will with many of you left destitute unfortunately. I believe its going to happen sooner than later. We in crypto promote this even the people who know better promote it. I believe the smartest minds in crypto have left. I think what remains is only a shadow of what the space was or could have been. I even question Vitalik Buterin i don't think he's as smart as i thought he was. So human beings are very adaptable creatures and that's why i know this will come to a halt and i won't be a voice forever crying out in the wilderness. There is no utility here nothing i see in crypto is a world we can't live without.

There is no urgency and that is because of how we use crypto people are smart enough to see how ridiculous we are. This going form a currency like in the case of bitcoin to a store of value is nothing more than a kick the can down the road manufacturing to continue to speculate to no end.

Currencies bring the world more economic prosperity than store of value. How many people actually use or trade gold? Do you think that brings the world more economic prosperity? Currencies have no more value at $1 than they have at $1 million. Yet they create economic prosperity when they move from hand to hand through velocity of money. At this point i'm not talking about government manipulation of currency. I'm talking about the differences between a speculative store of value to create never ending shellgames and what is "useful" to people.

Speculation and gambling does nothing for the world. All trading generally amounts to is two parties sitting up here all day trying to find ways to steal money from one another. Thats not lending over any value to the world. It's as much a waste of time as many of these projects you all create and waste money that does nothing for the world. Absolutely nothing but waste our time, energy and resources.

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