RE:When we analyze crypto coin's advantages or no,
Dragonflyinvest wrote: we miss the point of what is happening in that "market". Rampant speculation, in fact, from the public’s POV that is its main purpose. How many articles or news briefs lately have analyzed how crypto has benefited it owners, except for the multitude of reports of its price and appreciation, or its potential for vast future profits.
We know this “asset bubble” beast, we’ve seen it before and how violently it reacts when enthusiasm cools. If you thought the “Housing Bubble” was bad, there was still a house that existed in time and space that was worth something. When crypto blows, people are going to wonder what if anything they own.
exactly my point investing in 1 ns and 0rows with no underlying value
again only crated to bypass traditional forms to pay for something and never intended as an " investment " that appreciates in value as it holds absolutely no intrinsic value like a company commodity etc.
The closest thing I can think of is the dotcom bubble people throwing their money into companies that produced nothing rented rooms with some server's in them