More

    DailyCoin’s Crypto Memes of the Week #5 By DailyCoin

    DailyCoin’s Crypto Memes of the Week #5

    There’s a grain of truth to every joke, and crypto memes are a distilled form of the grain.

    There are two types of people: believers in either bullish or bearish markets, and those who consider the market cycles through a prism of fractals. This means that every major bullish and bearish sentiment consists of smaller scale ones on any and all sides.

    Crypto memes go even deeper and provide a diverse spectrum of sentiments to all types:

    Bull Market Sentiments

    The bull market is like a sequel to your favourite horror movie: terrifying but full of anticipation. We are afraid to miss it, misidentify it, overestimate it, or simply get impatient waiting for it. Of course, everyone is rooting for their favourite coin. Nevertheless, remains the most-watched coin for sure. Each time Satoshi’s creation breaches a $10K barrier it’s a great cause to open champagne.

    Bitcoin Maximalist Sentiments

    Of course, the most devoted community is that of Bitcoin maxis. They will praise BTC at all costs, in every situation, whether it’s relevant or not. They do have a point though: indeed, Bitcoin is better than so-called “sh*tcoins.” Yes, Elon, even Dogecoin, though we grant you, it’s cute.

    Bitcoin Non-Maximalist Sentiments

    On the other side of the fence, there are the Bitcoin-sceptics. Though the technology has become a pioneer in the cryptoverse, it does have flaws. One of those is transaction speed. On the one hand, it’s refreshing to at least have something slow-paced in today’s ultrasonic world. On the other hand, it’s a slow-paced currency in today’s ultrasonic world.

    “Normie” Sentiments

    When you explain NFTs to those who are out of the loop, it’s hard to get around one statement: “how you can pay such money for a jpeg?” Of course, once you dig deeper into blockchain and regular art valuation, things become clearer, but, the majority of the population still tend to not accept it. At least, for now.

    HODLer Sentiments

    HODLing has become an entire profession already. Don’t believe us? Look, it requires heightened focus, emotional restraint, strategic planning, and so on. That’s why HODLing is always painful. So why are people still doing it then? Well, Crypto is for masochists!

    NFT HODLer Sentiments

    Having NFTs is an even harder job. The more expensive the NFT you obtain, the harder it is to explain to your friends, relatives, or moms the exact reason why “wpixels cost so much.” That’s why NFT HODLers tend to remain silent. We know it’s hard, but it’s worthwhile, isn’t it?

    Non-Hodler Sentiments

    Honestly, it’s easy when someone chooses either to be a crypto enthusiast or a crypto hater, but what about those who are “undecided”? There are people who check each bull market, dreaming about their non-existent coins surging. We need to create a name for this disease.

    Crypto Regulation Sentiments

    As the icing on today’s crypto meme cake, have a funny picture on crypto regulations. This is the field on which the entire defi community is unanimous. It’s a matter of time until regulations start to work properly. For now though, it remains a guessing game: they do shoot themselves in the foot sometimes.

    EMAIL NEWSLETTER

    Join to get the flipside of crypto

    Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

    [contact-form-7]
    You can always unsubscribe with just 1 click.

    Continue reading on DailyCoin

    Related articles

    Comments

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Share article

    Latest articles

    Stakeholders talk about what could be the way forward

    The government’s plan for a Bill to act against private cryptocurrencies has reopened the debate on the fast-moving, highly volatile sector, where policy has...

    Here’s What’s Next for Polkadot, The Sandbox and Three Low-Cap Altcoins, According to Crypto Analyst

    A popular crypto strategist and trader is mapping out the levels where Polkadot, The Sandbox and three other low-cap altcoins could bounce and potentially...

    This Ethereum L2 rose by 1551%, outperformed Loopring, dYdX, Optimism

    Ethereum has seen a myriad of Layer-2 solutions developing over time, with the fight to gain prominence never-ending. However, the emergence of Boba Network...

    Bitcoin AUM falls 9.5% to record largest monthly pullback since July

    While Bitcoin’s (BTC) position as a viable hedge against fiat inflation continues to attract investors, new data reflects a change in sentiment as Ethereum...

    Is crypto mania more a symptom than a cause?

    The draft legislation on crypto currency being introduced in Parliament and the stance of the RBI suggest that consideration is being given to banning...

    Newsletter

    Subscribe to stay updated.