Light-hearted Insights

“What You Said” (Feb. 17), a Weekly Round-Up of Sentiments From the Community

Welcome back to our weekly blog series, “What You Said,” where we conduct fun polls for our community and share some of the most interesting sentiments!

In our daily newsletter, we conduct entertaining polls with our growing list of over 50k subscribers. Join our mailing list if you haven’t already! Meanwhile, enjoy a sneak peek into some of the interesting responses! Hear what your peers have to say and share your take. πŸ€“

Today’s Poll

What You Said in Last Week’s Polls

Here are some great responses from the other polls conducted last week πŸ—£οΈ:

On a scale of 1-10 (10 being most likely), how likely do you think we will all come to know who the real Satoshi Nakamoto is within the next 10 years?

– CoinMarketCap Daily Newsletter, 2/10/2020

The average response to the above question was 2.
38.5% of you voted 0, and 13.4% of you voted 10.
Here are some of your “whys” or “why nots”:

  • “My guess is Satoshi Nakamoto is in a fact a really well hidden group of people, so I guess we will never know who they are. OR, another guess : Satoshi died, so he isn’t going to reveal his real identity :’) “– I do believe it could be a group of people as well. πŸ€”
  • Satoshi might not be an individual , it might be an organization consisting of rich elites, CIA , geeks . Why is the Satoshi Round Table meet up so discreet ?” – The round table…what I would pay to be a fly on that wall… πŸ¦Ÿ
  • “It would defeat the purpose of bitcoin. the whole point is that the creator started this as an open source project and shared it with the world to help the common person. Being known undermines this as he could be pressured to sway public opinion about his creation.” – Yup, well said. I’d would very much rather it continue to remain a mystery. πŸ‘½
  • “Nakamoto built his identity around the idea that “Who build it?” doesn’t matter, but instead “What did he build?”.” – Damn straight! πŸ‘

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On a scale of 1-10 (10 being most important), how important do you think regulation is for the crypto space?

– CoinMarketCap Daily Newsletter, 2/11/2020

The average response to the above question was 6.6.
19.6% of you voted 1, and 28.3% of you voted 10.
Here are some of our favorite responses:

  • Double edged sword, on one hand, in my ideal world, a privacy coin and zero government is regulation ideal, but in reality, we do need it, to a certain degree. finding the balance will be tricky. problem with government regulation in anything is, politicians aren’t smart and eat any lie fed to them. thus, regulation that comes from dark forces is a failure for regular people from start.” – Yeah, the key question is how much regulation? That balance will be hard to find. πŸ˜…
  • Build confidence for majority people” – Yea, it might bring new blood into the space. πŸ˜‰
  • From a purely selfish position I think acceptance means there will be an initial rocket ride (and probably bumpy) for big profits, but then settling for anticipated lovely profits on whatever timeframes that suits. From a governance point it is a necessity, until somewhere out of the crypto or financial compliance bodies a new style or way of safe governance comes in play. Self governance = wild west, No governance = the wild wild wild west….. and in such environments the good are there for the taking by the “opportunists” of such environments” – Don’t think we are ready for the wild wild west just yet. πŸ˜‚ I think some regulation will bring about a net good for the space.
  • Cryptocurrency is (supposed) to be FREE. Regulations are the opposite. However, regulation is most likely inevitable. IF there are scams, frauds, etc in the markets then that is an indication that the market has chosen to participate in these ventures. As time goes on the market will learn to be more careful and in this manner the market will become much better at weeding out such failures.” – Completely free markets. I wonder how that would be like… πŸ€”

How much do you agree with this statement: “At the moment, I am more focused on my crypto investments than my traditional stock investments.”

– CoinMarketCap Daily Newsletter, 2/14/2020

The average response to the above question was 5.6.
10.8% of you voted 1, and 50.6% of you voted 10.
Here are some of your “whys” or “why nots”:

  • “Crypto has more chance of major percentage-wise gains than the regular stock market, but only a set aside amount for speculation applies, not your IRA” – True. Only invest what you can afford to lose!πŸ’°
  • It is important to be correctly exposed to various classes of assets in order to maintain your patrimony. Crypto is awesome, but you gotta be clever when dealing with your finance.” – Yeah, definitely. Broad diversification across various asset classes is important. πŸ˜„
  • “You can watch turtles race. But it’s a lot better to watch the horses race. Crypto is much more exciting. You can wake up take a look and your bitcoin is up $1000 . You have to watch it!” – Hahaha, I like that analogy! πŸ˜‚
  • “Never had the chance to look at any traditional investors; they looked like if a little guy like myself were to approach, I’d be laughed at. Best part about this global community: Crypto don’t discriminate!” – It sure doesn’t! πŸ˜„

Like what you see? For more daily polls, subscribe to the CoinMarketCap daily newsletter for a concise summary of market performance and top news! πŸ˜„

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