Bogs and Wojaks: The Way Crypto Memes Assist Traders Deal with the Downturn

cryptocuser 3 min read 367

Bogs and Wojaks: The Way Crypto Memes Assist Traders Deal with All the Downturn

Rare Pepes, Pink Wojaks and Telegram Stickers Galore

Pepe Andreas.

Need to calculate your bitcoin holdings? Check our resources department.

For anybody new to crypto, the significance behind the memes and shitposting must be a complete mystery. Those increased at the crypto trenches would struggle to describe how or why such characters are interchangeable with the continuous pain of being at the forefront of bitcoin whales who control the market. All they can tell you, if pressed, is that in times of turmoil, memes make everything better. The world may be burning as well as the economies dumping, however long as there are still exploitable memes to talk about, the pain is bearable.

News

And then there’s Pepe the frog, that ’s not far away whenever the subject of 4chan memes is broached. Among the most popular dapps over the last week has been the Peppedapp, somewhere to “Share, purchase and sell the dankest memes on Ethereum”. In the previous seven days it’s been in charge of tens of thousands of trades involving countless ether. Many dealers have been steering clear of those markets amidst lingering uncertainty, however, the Peppedapp Telegram group, house to 1,400 collectors of rare Pepes, has been a hub of activity as dealers trade limited edition cards and speculate just how much the McAfee card may be value by June.

[embedded material ]
Published at Sun, 27 May 2018 18:20:37 +0000
It would be easy to write memes off as the frivolous, ephemera they are. Plus it’so many crypto memes are so esoteric and asinine as to defy explanation. The way to account for the phenomenon which is “bog posting” for example, a bizarre tribute to both France’s plastic surgery twins who reputedly have the capability to crash the crypto markets with a single phone call? Or pink wojak, the permanently distressed trader whose every move goes against him — often thanks to a well-timed call from the bogs themselves?

Once the Market Dies, the Memes Flourish

Pepe Satoshi

read: BTCC to Launch New Exchange Platform at June
In crypto, as on the internet at large, lots of the memes arise from the house of dank memetics — 4chan — until permeating mainstream culture. The forum’s /biz/ message board has been pivotal in spawning much of the articles which ’s come to be interchangeable with crypto trading. /Biz/, whose unofficial motto is “Buy high, sell low”, has been especially successful in regards to churning out pink wojaks, using one Twitter account devoted to sharing the best of this bunch.

Crypto was geeky from the beginning, and over recent decades its arcane rituals, jargon and parties have been embedded in its culture as well as as the genesis obstruct itself. All that matters is when your portfolio doesn’t even bear looking at and there are no ICOs worth FOMOing right into, crypto will stay as important and irresistible as ever. It’s not just the ideal music which ’s made in rough times: so are the best memes. Sure, theyrsquo;re stupid as hell. However theyrsquo;re also part of the cloth which produces cryptocurrency so persuasive.

The altcoin markets may be in freefall, ICOs dead in the water, along with bitcoin nursing a predetermined scowl, but you wouldn’t even understand it on crypto Twitter. Over the past 48 hours, its leading lights have been more preoccupied with having their own profile pics “bogged” compared to posting graphs. The Bogdanoff twins are still among many memes to have taken over the crypto community, providing relief supporting the gloom that is growing.
Which are your favorite crypto memes? Let us know in the comments section below.