There's a quote from Oscar Wilde that I believe applies to how many of us (myself included) view cryptocurrencies:"Nowadays people know the price of everything and the value of nothing."When Bitcoin crashed in March it wasn't "dead". And if it goes up to $100k that alone doesn't make it a success. Bitcoin is what it is and it doesn't care about the price.Likewise, when Nano's price crashed so hard (and it was a BIG crash for sure) that didn't make it a "shitcoin" like so many claimed. (NANO IS OUT OF THE TOP 100, IT'S OFFICIALLY DEAD!) Neither does the fact that it's now gone up in value mean it's suddenly a success. $40 Nano has no better or worse fundamentals than $1 Nano.Sure, from an investment point of view, the price of course matters. And let's be honest, most of us are here to make money, perhaps to be financially independent. But the true measure of whether or not a cryptocurrency is successful or not should be whether it does what it sets out to do and does it well. Look at the fundamentals, adoption, development, and not just the price.Anyway, with that said I'm off to check the price of my crypto. When moon?
Submitted January 07, 2021 at 10:34PM
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