You don't have to exorcise everything to death either. The contribution has of course substance, but that $BITE makes 100x think probably the fewest. What I rather see is that people with an extended portfolio take a "fun" value as a gamble in the portfolio. I don't think we are at a level where everyone is jumping into the next crypto project every third day.
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@individend Greed eats brains. The fewest think that $BITE makes 100x but ALL are afraid to miss it if it makes 100x.
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@KleinviehmachtMist Okay, I can hardly argue against it, should certainly apply in part. But the posts I've seen about it, are all buys with about 500€, I do not see the people run to their doom. See there in principle less the hype, rather fun at the joy. Find the post more alarming than it would have to be, to articulate it better perhaps.
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@individend do you even know who is investing and how much is a lot of money for that person? To conclude only from the posts does not say much. Most post here nothing but only read along. What is the situation with them? Right, one does not know at all. But it is much more important to me to make newbies aware of this before they fall on their face.
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