I watched a friend of mine pump a shitcoin on Binance by buying billboards

Re:I watched a friend of mine pump a shitcoin on Binance by ... by mox1 on Tuesday July 12, 2022 @01:35PM (#32073272)

This is the mentality of a family member of mine who was in early on BTC but also sold early (Liked mined lots at 10cents each, sold all at $10 each).

He is up on every new shit-coin, he spouts a little bit about the world changing proposition, he basically does it because "hes not missing out again".

His idea is to drop $100-$1000 as early as possible (like at the ICO or pre-buy whatever) and hope one of these things 100x'es.

Part of him knows this is a fools game, but he is "smarter" and still doesn't want to be left out yet again.

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Re:I watched a friend of mine pump a shitcoin on Binance by ... by wpietri on Tuesday July 12, 2022 @02:54PM (#32074222)

People like this just kill me.

I don't know how many people remember it, but in the 1990s there was a fad for WWJD bracelets, with 10s of millions sold: https://www.mortaljourney.com/2010/11/1900-century/1990-tren...

In 1999 I met a guy who had missed out on a business opportunity around those. He had just bought into what he was sure was the next big thing: Y2K bracelets, which here stood for "Yield 2 King". He was sure that god was sending him this opportunity.

Even then I felt bad for him.

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Re:I watched a friend of mine pump a shitcoin on Binance by ... by twiceaday on Tuesday July 12, 2022 @09:01PM (#32077805)

I had an Uber driver just like this. Missed out once, never again. He also gave me card with a referral code for some shitcoin that you 'mine' by tapping the app once an hour.

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