Price exuberance matched with significant events often bring out exuberant comments, both positive and negative. “Their marketing approach is all wrong could prob help.”
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“It’s almost worth it just to buy one so maybe they’ll actually listen,” he said.
#Think3 ceo license
One comment saw Singer asking if buying Bitcoin permitted him license to pick apart the space, including its various impassioned bag-holding camps. He also posted a number of other tweets with various details on his position. In a subsequent post, Singer clarified his position, saying he doesn’t inherently dislike Bitcoin or crypto itself - only folks who spread fake hope and hype. “They are lost in the fray of an absolutely insane cargo cult who wouldn’t pass a college econ 101 class.” Crypto is not bad in and of itself “Those folks should be championed,” he said. The Think3 chief marketing officer did acknowledge industry builders creating applications with the new burgeoning technology and the struggles those folks face in the shadows of the traders and trolls. Singer noted the crypto space is a solid place for trading, trolling and memes, although fresh market participants only serve as chum for industry “sharks.” With its block reward halving quickly approaching, Bitcoin’s price has risen significantly in recent days, reigniting new hope and hype for the industry, as well as some of the mainstream public. Bitcoin prices on the move going into the halving “Bitcoin went from a creative economic experiment to cult of over exposed, get rich quick neo goldbugs rooting for the end of the world,” Singer tweeted on Thursday.Įveryone is “watching the same chart 24/7 and taking online victory laps that would make Jordan Belfort blush every time their only holding has a >5% move,” Singer added, referring to the infamous “Wolf of Wall Street” scam artist.
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In the midst of rising prices, Adam Singer showed his disapproval of the entire crypto space, describing it as cultlike.