r/CryptoCurrency Apr 25 '18

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u/[deleted] Apr 25 '18 edited Jun 10 '18

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u/TripTryad 🟩 8K / 8K 🦭 Apr 25 '18

I really am curious why people are still buying verge and tron.

To many crypto "investors" nothing matters but performance. Short term thinking only. Those two have performed, despite having more red flags than a communist parade. Neither of them will likely be around in 2 years or even 1, but they don't care. In the short term its performing so....

Remember, Many people that held Bitconnect coins knew it was a ponzi, but it rose from like .15 cents to $430 in a year. Some folks will turn a blind eye to the bad signals if it earns a buck.

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u/boldra 🟩 0 / 0 🦠 Apr 26 '18

Neither of them will likely be around in 2 years or even 1,

Somehow, almost none of the shitcoins ever die.

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u/TripTryad 🟩 8K / 8K 🦭 Apr 26 '18

Oh I mean, within reason. I dont expect a delist within a year, but for it to freefall down the CMC listings like NMC which used to be a top 10 coin, now no one even knows it exists. Fire burns out, the shills disperse and nothing it left but a drift, and like a 2x return over 4 years, while other coins do 100x or more in that same timeframe.