What's WAGMI: a bird, a plane, a rallying cry? (2024)

If you have been seeing #WAGMI on your twitter feed and don't know what it means, here it is. #WAGMI stands for ‘We are all gonna make it'. The acronym is widely used by the crypto community to build confidence, and encourage the community to not lose hope. With the proposed bill ‘Cryptocurrency and Regulation of Official Digital Currency Bill, 2021' in the works, there is a lot of uncertainty among the stakeholders and the independent investors. Social media, WhatsApp and Telegram groups have been flooded with concerns and queries as the bill ‘seeks to ban private cryptocurrencies'.

What's WAGMI: a bird, a plane, a rallying cry? (1)

I'm an enthusiast deeply immersed in the world of cryptocurrency and blockchain technology. My extensive knowledge stems from years of active involvement in various crypto communities, continuous research, and a keen eye on the latest developments. I've been an avid participant in discussions, forums, and social media platforms, making me well-versed in the nuances of the crypto landscape.

Now, let's delve into the concepts mentioned in the article about #WAGMI and the proposed bill, 'Cryptocurrency and Regulation of Official Digital Currency Bill, 2021.'

  1. #WAGMI (We are all gonna make it):

    • This hashtag is a rallying cry within the crypto community. It reflects a positive and optimistic sentiment, emphasizing unity and confidence among crypto enthusiasts. The community uses it to uplift spirits during uncertain times, such as discussions around regulatory changes.
  2. Cryptocurrency and Regulation of Official Digital Currency Bill, 2021:

    • This bill, as mentioned, introduces an element of uncertainty and concern within the crypto space. It's crucial to understand that regulatory developments significantly impact the crypto market. The bill, as suggested, aims to ban private cryptocurrencies, which has sparked discussions and debates among stakeholders.
  3. Uncertainty among stakeholders and independent investors:

    • The proposed ban on private cryptocurrencies has led to a surge in concerns and queries. Stakeholders, including businesses and individual investors, are uncertain about the future of their crypto holdings. This uncertainty often prompts discussions on various platforms, including social media, WhatsApp, and Telegram groups.
  4. Social media's role in the crypto discourse:

    • The article highlights the impact of social media platforms like Twitter, WhatsApp, and Telegram on shaping the narrative around the proposed bill. These platforms serve as hubs for discussions, dissemination of information, and expression of opinions within the crypto community.

In conclusion, the intersection of #WAGMI, the proposed bill, and the reactions on social media reflects the dynamic and interconnected nature of the crypto space. The community's resilience and optimism, expressed through #WAGMI, stand in contrast to the uncertainties introduced by regulatory developments, making it a fascinating and evolving landscape to observe and participate in.

What's WAGMI: a bird, a plane, a rallying cry? (2024)

FAQs

What's WAGMI: a bird, a plane, a rallying cry? ›

What's WAGMI: a bird, a plane, a rallying cry? If you have been seeing #WAGMI on your twitter feed and don't know what it means, here it is. #WAGMI stands for 'We are all gonna make it'. The acronym is widely used by the crypto community to build confidence, and encourage the community to not lose hope.

What is it called when a bird hits a plane? ›

Bird strikes happen most often during takeoff or landing, or during low altitude flight. However, bird strikes have also been reported at high altitudes, some as high as 6,000 to 9,000 m (20,000 to 30,000 ft) above the ground. Bar-headed geese have been seen flying as high as 10,175 m (33,383 ft) above sea level.

What is Wagmi? ›

WAGMI stands for "We Are Gonna Make It" and has a positive connotation. This term is used to describe a trader who is confident in their decisions and has a positive outlook on the long-term success of their positions, or the market overall.

What happens when a plane collides with a bird? ›

The two largest manufacturers of passenger jets, Boeing and Airbus, use turbofan engines. These use a series of fan blades to compress air before adding fuel and flame to get the thrust needed to take off. Bird strike in one of these engines can cause severe damage to the fan blades, causing the engine to fail.

Why do birds hit planes? ›

The bird's behaviour of facing and flying into the wind (in the same direction as the airplane is moving) increases the perception and decreases the flight speed of the bird, and increases the risk of a bird strike (particularly for the wide-bodied aircraft).

What is a word similar to Wagmi? ›

WAGMI has a very positive connotation and there are similar acronyms with the same meaning, such as GMI (going to make it) and YGMI (you're going to make it).

Where did Wagmi come from? ›

WAGMI is an acronym that stands for "We're All Gonna Make It." The WAGMI meaning has a deep influence on traders, and is used as motivation within the crypto community, representing a collective belief in achieving success and prosperity in the crypto market.

What does Wagmi mean urban dictionary? ›

WAGMI is an acronym for the phrase “We're All Gonna Make It.” It is a slang term used on social media platforms among traders and investors to convey a sense of optimism or encouragement.

What is flapping flight in birds? ›

Flapping flight is a far more complicated process than gliding. During flapping flight, the bird's wings systematically change shape. Flapping involves up and down movement of the wings. During the downstroke (or power stroke), the wings move downward and forward.

What is a birds flight pattern called? ›

The most common and well known flight pattern in birds is the Direct Flight Pattern. This pattern is where a bird will fly in a straight, consistent line and flap their wings every few seconds. Birds who fly in this flight pattern include doves, pigeons, swallow, and types of sparrow. V-formation.

What do you call a bird's first flight? ›

Other forms: fledged; fledging; fledges. When baby birds fledge, they grow feathers that are big enough for flying. Just after they fledge, birds take their first practice flights. You can use the verb fledge in several ways — first, to describe what happens when a bird's feathers grow in.

What is it called when a bird glides in the air? ›

Soaring flight is a special kind of glide, in which the bird flies in a rising air current. Because the air is rising, the bird can maintain its height relative to the ground. rising air. In soaring flight, the bird moves downward through a mass of rising air.

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