This is how the whole crypto market works

[onlinemarketer12]

Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each...

The villagers, seeing that there were many monkeys around, went out to the forest and started catching them.

The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.

Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!

The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
In the absence of the man, the assistant told the villagers; "Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each."

The villagers rounded up with all their savings and bought all the monkeys.

They never saw the man nor his assistant, only monkeys everywhere!

Now you have a better understanding of how the cryptocurrency market works. (Copied from Internet)

 

[TheVigilante]

Everything is your fault, and you can't have control in life when you give it away so easily to other people and events.

 

[MgicalaEarner]

Haha, now I got better understanding about this shitcoins.

 

[Futa]

Don't demotivate me bruhh, I'm holding

 

[rickaloben]

Sounded like a grandma's bed time story

 

[Extruser]

This does not only apply to crypto. Look at Tesla stocks. Ridiculous.
If you can do a little math, you know that this is totally out of proportion.

 

[TheReviewer]

the villagers then decide that monkeys are their new currency and lived happily ever after

 

[onlinemarketer12]

the villagers then decide that monkeys are their new currency and lived happily ever after

Apne to waqt badal diye , jazbaat badal diye. (Famous proverb meaning you changed the whole context).

 

[Word Wizard]

Where's the part when the monkeys go to the moon?

 

[vcc]

Where's the part when the monkeys go to the moon?

seriously? monkeys can go to moon!! we are all dreaming only safemoon will stay safely on the moon.

 

[GABBYISREAL]

Haha, indeed, they grab the money and run away so many people were played for a sucker.

 

[LemonAcid]

You forgot to tell ppl that buying "man" will be always replaced with another buying "man"

 

[dbk03]

You forgot to tell ppl that buying "man" will be always replaced with another buying "man"

...and the monkeys will be replaced with other animals

 

[Panther28]

Yes, you forgot to mention the part about the paypal monkey generator!

 

[onlinemarketer12]

Yes, you forgot to mention the part about the paypal monkey generator!

Yes should have been added before adding this story on BHW. Paypal Monkey generator is trademark of BHW.

 

[BbHhWwVM]

It's a cool story, but for dummies.

I already saw too much material goods being cashed out of crypto wallets, but obviously, there's no thing that everyone should consume.

 

[onlinemarketer12]

It's a cool story, but for dummies.

I already saw too much material goods being cashed out of crypto wallets, but obviously, there's no thing that everyone should consume.

Whos is eligible then ?

 

[KrustyDaClown]

Where's the part when the monkeys go to the moon?

 

[ProfessorPeyton]

Okay enough internet for the day.

 

[Raysor]

Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each...

The villagers, seeing that there were many monkeys around, went out to the forest and started catching them.

The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.

Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!

The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
In the absence of the man, the assistant told the villagers; "Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each."

The villagers rounded up with all their savings and bought all the monkeys.

They never saw the man nor his assistant, only monkeys everywhere!

Now you have a better understanding of how the cryptocurrency market works. (Copied from Internet)

Bit like the guy who had bought a case of champagne for £100. On his way home he met a mate who bought the champagne for £120. This went until the final purchaser paid £500 for the case as it was hiswife's 50th birthday. The following day the chap reported back that the champagne was flat and tasted awful. The general consensus was that the champagne was not for drinnking but for buying and selling.