Some people really have time online

[Lord drugga]

Was just scrolling through some threads earlier and saw a full-on argument break out about some stablecoin project. One guy was writing paragraphs like his life depended on it, and the other just kept replying “cope” over and over lol

Didn’t even know what the project was at first, but turns out it was something called RESOLV or whatever. Didn’t dive too deep but it seems like the usual setup, price pumped hard from $165, and now it’s sitting closer to $10, now everyone’s fighting over whether it’s legit or cooked. Gotta love crypto.

From what I skimmed, they’ve got this USR stablecoin that’s pegged to the dollar but backed by ETH and BTC, hedged with perps. And there’s an insurance pool (RLP) to supposedly keep it overcollateralized. Not saying it’s bad or anything, just funny watching people go to war over it.

Anyway, just thought that was funny. People really be taking token drama personally these days.

[Yaunfitda]

Anyway, just thought that was funny. People really be taking token drama personally these days.

Maybe that person was in the project and he was involved, or maybe he truly believes on the project itself that's why he is more willing to engage and argue with anyone about it. In any case, some of us here really takes that personally. That is the good thing about this community though, it's open and like in real life community, there will be discussions and disagreements but at the end of the day the rule of the many will be followed. Yeah, it might really be funny as their arguments might not be back up by real facts and that's why we really need to dissect it and not believed everything that what's been said. That's why we also point out that we really need to DYOR because investing our hard earn money and not just believed someone here who are hyping that project.

[kotajikikox]

Anyway, just thought that was funny. People really be taking token drama personally these days.

Maybe that person was in the project and he was involved, or maybe he truly believes on the project itself that's why he is more willing to engage and argue with anyone about it.

Anyone would argue with anyone these days no matter how significant or insignificant the topic is. It is not that they have a lot of time though that is also a factor but it is just so easy to type things and post it. Anyway as per the token, I don't really care for it but unlike people online I can just ignore it without having to type long paragraphs defending it or basing it. Yet another project in the sea of thousand others.

[Hispo]

...

Anyway, just thought that was funny. People really be taking token drama personally these days.

You could call it funny when it is just a couple of people fooling around and calling names to one another for the sake of an internet argument, it has always been that way since the internet started to allow people to chat with strangers. But it is a completely different thing when there are projects of alternative currencies involved on those arguments, you know.
We are talking about people who literally risk and gamble their money and get scammed, rug pulled and deceived; with authorities in their countries not having any power to seize those assets or retrieve them for the victims.
When money it is involved and there are people who has lost more to scammers and the market then they were willing to lose in the first place it is almost expected they will take their rage and coping to the internet and talk to others within the same altcoins community to relieve their pain and vent to them.

It is not a small thing to lose hundreds or thousands of dollars to some scammers.

[gunhell16]

Nowadays, more and more people are busy using online because they benefit from it in various ways, whether it is financial, entertainment, and other things, especially in the use of social media platforms like Facebook which often have many arguments in the community if it deviates from their opinion and belief.

And often online is used to scam and deceive people until now this happens because it becomes an effective way for exploitative people in reality. Although in other ways it is also used in a good way.

[TastyChillySauce00]

Some people just really focused on defending their bag therefore the long written paragraph about why their project is the best.

But talking about resolv, it's just yet another stablecoin project, there are tons of them, they want to replicate success of ena but since market of stablecoin is so diluted already they're valued at low.
In the case of resolv,  there are so many people who burn their money in pendle YT in exchange for resolv points multiplier hoping it will cook in the future, that's why you see some people are defending like their life depends on it.

[lifeisnoteazy]

Some people just really focused on defending their bag therefore the long written paragraph about why their project is the best.

You’re right some defend their bags with long hype posts. which i think i've done most times already for my bags while trading memecoins, it's just those i have conviction on anyways, i saw this resolv airdrop and i got attracted to the reward. you can have a look here it might interest you too

https://x.com/BingXOfficial/status/1932451501831504014

[shinratensei_]

Since altcoins/shitcoins are low float, it requires shilling to move the market.
It's not a new thing to see those people shilling hard on their portfolio, there are also reward in X that gets you yap which can get you qualify for an airdrop so X as a platform is decrepit of shills.

I blame this to the new meta of non-stop shilling, they be giving financial advice online and will not be responsible for it .

[el kaka22]

There are paid affiliates to keep the threads active and engaged by the devs. And the other category is AI bots who are all obviously writing in fancy paragraphs. All these are all against forum rules, you may report them, whenever you find low value posts. I mean that people get paid hence they find time but new people like you are assuming like, only out of real potential of those coins/tokens, such people are defending.

More importantly, these people are trying to lure newbies to spend on those coins and tokens. When you see that someone is taking a coin too serious and posting pictures of how much they invested, you may decide to copy their portfolio. So, being affiliate or other things must be less significant but seeding the idea of investing with those projects with new people must be their prime motto.

[Odusko]

Just as you took project serious to the point of creating this thread just to extend what you thought was time wasting for those fork's that where involved in that discussions or argument as you term it to be, but what I will like you to understand is that most of those active forum members will only make comments when they have alot to say about a topic and, as you know altcoins have been the center of discussion lately with now memecoins trend's and all the other hype's that pushed the market to limelight, so don't blame those that get engaged in that discussions or argument no matter how many paragraph they wrote they argument in.

[uneng]

Was just scrolling through some threads earlier and saw a full-on argument break out about some stablecoin project. One guy was writing paragraphs like his life depended on it, and the other just kept replying “cope” over and over lol

The first guy was annoyed and pissed off by the fact the project he has been investing didn't go well. It's understandable, since it's frustrating to waste time and money for nothing in the end. The second guy saw this situation as an opportunity to make fun. As we know, it's not uncommon that people feel pleasure and satisfaction for the disgrace in someone else's life.

Bad news about the private or personal life of someone have potential to reach a wide public quite fast. On the internet, this phenomenon just got more evident and stronger, as social medias allow people to interact with each other in real time, protected by annonymity, so they can say anything they wish without facing the consequences for it.

I doubt the guy who was constantly saying "cope" would have acted the same way if they were in real life, person to person and face to face.

[Josefjix]

Didn’t even know what the project was at first, but turns out it was something called RESOLV or whatever. Didn’t dive too deep but it seems like the usual setup, price pumped hard from $165, and now it’s sitting closer to $10, now everyone’s fighting over whether it’s legit or cooked. Gotta love crypto.

What tf you saying about the price of stable coin at $165 sitting at $10, it's amazing how stable coin doesn't seem to be stable at $1 as it suppose to be, or I'm I wrong in this?

Well, there is nothing that really moves me again in altcoin like before, no matter the hype, the buzz, or whatever, it will still end up like others bigger alts before. I'm only moved by me getting in early and leaving early also.

[TastyChillySauce00]

Didn’t even know what the project was at first, but turns out it was something called RESOLV or whatever. Didn’t dive too deep but it seems like the usual setup, price pumped hard from $165, and now it’s sitting closer to $10, now everyone’s fighting over whether it’s legit or cooked. Gotta love crypto.

What tf you saying about the price of stable coin at $165 sitting at $10, it's amazing how stable coin doesn't seem to be stable at $1 as it suppose to be, or I'm I wrong in this?

Well, there is nothing that really moves me again in altcoin like before, no matter the hype, the buzz, or whatever, it will still end up like others bigger alts before. I'm only moved by me getting in early and leaving early also.

RESOLV is governance token, their stablecoin is USR which value pegged at 1:1 by hedging in hyperliquid.

Their position actually disclosed transparently, it's just that the project is such a flop.

[cabron]

If you just say your intention to promote these token and stablecoin, it would have been believable. But yeh nothing seem especial about these stablecoin, all been done before. Depegged stablecoin always remind me of the scam years ago which their stablecoin was depegged so its just best to stick to the usual stablecoin with the biggest volume so you won't encounter problems than sticking to the new ones.

[Butterfan]

Actually the way people throw themselves into these token, disputes like it's some personal war is wild and  I get being passionate about a project you believe in, but sometimes the tribalism just gets crazy. I’ve seen the same thing with RESOLV and a few other tokens that pump fast then crash just as hard and  everyone turns into either a defender or a doomsayer. The stablecoin idea they’re pitching seems interesting on paper especially with the ETH or BTC collateral and perp hedging but unless, it’s battle tested via real market duress no one can really judge if it's solid or not People need to chill and let things play out instead of tearing each other apart in comment threads.

[passwordnow]

From what I skimmed, they’ve got this USR stablecoin that’s pegged to the dollar but backed by ETH and BTC, hedged with perps. And there’s an insurance pool (RLP) to supposedly keep it overcollateralized. Not saying it’s bad or anything, just funny watching people go to war over it.

Anyway, just thought that was funny. People really be taking token drama personally these days.

This sounds familiar to me, remember when Luna and its UST was introduced? it was very popular back then when people have been optimistic on their approach to keep on buying Bitcoin and their stable coin has been backed by it. But what happened next? the disaster came and it was a scam project, many people have lost money on it and that's why it's best to always do due diligence when it comes to these kinds of projects. And hearing this insurance pool, that sounds something new but I find it not assuring at all. Overcollaterizing assets through these pools might not be sustainable in the long run.

[alani123]

Was just scrolling through some threads earlier and saw a full-on argument break out about some stablecoin project. One guy was writing paragraphs like his life depended on it, and the other just kept replying “cope” over and over lol

Didn’t even know what the project was at first, but turns out it was something called RESOLV or whatever. Didn’t dive too deep but it seems like the usual setup, price pumped hard from $165, and now it’s sitting closer to $10, now everyone’s fighting over whether it’s legit or cooked. Gotta love crypto.

From what I skimmed, they’ve got this USR stablecoin that’s pegged to the dollar but backed by ETH and BTC, hedged with perps. And there’s an insurance pool (RLP) to supposedly keep it overcollateralized. Not saying it’s bad or anything, just funny watching people go to war over it.

Anyway, just thought that was funny. People really be taking token drama personally these days.

We live in unprecedented times with what crypto has allowed for. Never before has it been so easy to make irrational financial decisions over financial instruments that aren't straight up gambling.

While placing money on cryptocurrency coins might seem a lot like gambling, people don't realize it. To me, it's something other than gambling only in name because the characteristics are otherwise too similar. But go tell that to the dude you mention that placed his life savings at the price peak of a shitty "stablecoin" project.

Anyway. If he realizes the money is gone and lets go of the emotional investment it might be better. But good luck if his life savings are in there.

[Lanatsa]

Was just scrolling through some threads earlier and saw a full-on argument break out about some stablecoin project. One guy was writing paragraphs like his life depended on it, and the other just kept replying “cope” over and over lol

Didn’t even know what the project was at first, but turns out it was something called RESOLV or whatever. Didn’t dive too deep but it seems like the usual setup, price pumped hard from $165, and now it’s sitting closer to $10, now everyone’s fighting over whether it’s legit or cooked. Gotta love crypto.

From what I skimmed, they’ve got this USR stablecoin that’s pegged to the dollar but backed by ETH and BTC, hedged with perps. And there’s an insurance pool (RLP) to supposedly keep it overcollateralized. Not saying it’s bad or anything, just funny watching people go to war over it.

Anyway, just thought that was funny. People really be taking token drama personally these days.

Expect something like this to happen and it would be a never ending thing. Why? People or investors will definitely be defending up on what are those things that they do have in mind on which if they do believe that their investment decision was the best and its been started up with some argument with other people who do have that opposite projections on different projects or whatever it would be, then it will be sparking out that kind of debate on which this isnt something new. You do always expect that there's someone who would be fighting for on what they do believe and would be justifying it out. We do know that we do have that freedom of speech on telling out on what our insights or what on a particular thing or project whether on a stable coin or with those projects basing up into those utilities or mostly been that focusing too much about into its value or price. This is what makes interesting or making the market do go round because of these kind of arguments and different approach and mentality.

In speaking about having that have time online, then of course we do know that there are tons of people out there who do have that sufficient time since they are that having that tons of time sitting into the convenience of their own home and if ever they do saw something on which it is against their idea and principle then they can make out some debate all they want as long they can be able to do so.
For you to have that peaceful living then it will be better that you should be avoiding on making up some arugmentation into other people but well each one of us do have that their own ideals in life on which you can be able to expect that there are things on which we are that totally being opposite on what are they saying into. So it will be just that situational because each one of us does have that different preference and ideas in mind.

[GigaBit]

Some people can spend their time online without any work. Some like to argue. And if such a person is related to a project, then they want to be the center of discussion among the general public about that issue. In this way, many new people will know about the project and those who know can discuss it with others. There may be discussions about new projects online all the time, but the investor must decide what to do in terms of investment. Investing in new projects is risky and there are also some benefits. Investment should be made considering the risk.

[lifeisnoteazy]

Was just scrolling through some threads earlier and saw a full-on argument break out about some stablecoin project. One guy was writing paragraphs like his life depended on it, and the other just kept replying “cope” over and over lol

Anyway, just thought that was funny. People really be taking token drama personally these days.

You some people shill their bags plus their whole life investment are on a particular coin, i think that goves you the over view of what might be wrong
The whole ETH/BTC backing with perp hedging and the RLP insurance pool sounds like a fresh take on keeping things stable without fiat baggage. People going to war over it probably means it’s got some eyes on it, legit or not crypto’s always a circus when a token pumps from $165 to $10 or whatever ggs to the person .