Crypto memes of the week: hopium, Kirby Inu, ‘shadowy super coders’ and more
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There are all kinds of sentiment trackers for crypto – the Fear & Greed and Bitcoin Bull & Bear indexes are both good ones. But nothing beats memes to really read the room. Here are some we spotted on our Crypto Twitter rounds this week.
Knocked back several times by the US$40K zone, Bitcoiners and the wider cryptoverse know all about rejection. And yet, general “hopium” seems to be alive and well. The Fear & Greed Index did shoot from Fear to Neutral after all…
— Just Learn Crypto (@justlearncrypto) July 25, 2021
— Trinity🧡Tritoshi Hodl💎Moto🍊 (@meta_trinity) July 22, 2021
Bitcoin chartists (aka hopium dealers) after seeing the price of bitcoin jump over $34k.
The bear market is rough on you guys. pic.twitter.com/jxy4k6xLJC
— Dennis Porter (@dennis_porter_) July 24, 2021
— BlockBelly (@Block_Belly) July 30, 2021
There’s no point just blindly hoping for “parabolic” charts and “number go up”, though. It’s always important to look at a wide range of sources – both fundamental and technical analysis – so you can make the best possible investment decisions with your hard-earned fiat.
As Spike Lee told us recently, Do Your Own Research. Cryptoheads are always well across it…
— BlockBelly (@Block_Belly) July 23, 2021
… with well-considered decision making…
— Honey, I stacked our Sats 🌋 (@Hodl_My_Hand) July 24, 2021
US Senator Elizabeth Warren might’ve said something vaguely positive about crypto for half a second this week, but she was mainly in Bitcoin bash mode, suggesting finance needs saving from “shadowy crypto super-coders”.
Shadowy super coders have been putting politicians to sleep since 1992. https://t.co/cWrm8xmFnj
— Hugo Nguyen (@hugohanoi) July 29, 2021
Shadowy super coder pic.twitter.com/4eLZhVDqwz
— cryptograffiti (@cryptograffiti) July 27, 2021
— JT (@genXstacks) July 29, 2021
Bitcoin and crypto mining can be a bit of a WTF subject at the best of times, especially for “no-coiners”. But here’s one that keeps it pretty simple.
— Duke #VGXhero Nukem (@stack_n_hodl) July 25, 2021
Unlike this one, which requires knowledge that ASIC isn’t solely an acronym for the Australian Securities and Investments Commission. It’s also a Bitcoin mining rig – the Application-Specific Integrated Circuit. (Ahem… pushes thick-rimmed glasses back onto bridge of nose.)
— Spawn of Satoshi (@SpawnofSatoshi) July 23, 2021
For those of you who were unaware, using normal computers for #Bitcoin mining is inefficient.#humor #humour #MEMES #cryptocurrencies #cryptomemes #bitcoinmining @elonmusk @Jason @tyler @cameron pic.twitter.com/jnRTrqo6jF
— Spawn of Satoshi (@SpawnofSatoshi) July 29, 2021
We’re not necessarily saying new token Kirby Inu (KIRBY) is a complete and utter sh*tcoin, there could be more to it than hurts the eye… but it launched, held a meme contest and hoped some prominent people in the space might respond.
— SHARK MAN (@gunawanlatef) July 30, 2021
Here’s one for the Kirby Inu team… their price chart this week…
And speaking of sh*tcoins having some dog-day afternoons in the price charts, we’ll give Elon Musk the last word – about his (and Burger King’s) favourite cryptocurrency…
And finally pic.twitter.com/TcgwMSyjAy
— Elon Musk (@elonmusk) July 25, 2021