70-80% decline since the start of the year is quite a crash. Are you saying you don't think there will be any kind of recovery?
Why aren't you buying now?
Colton Bennett
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Grayson Thomas
The recovery is going to give us and the banks whiplash.
Samuel Moore
there will be in 2020. It's down for 2 years now
Nathaniel Martinez
Are you kidding? I can't tell if you're being ironic or being serious.
I seriously DOUBT crypto is going to stay in this slump for 2 years.
There is way too much exposure and actual capital and companies growing in the ecosystem for this to last anywhere near as long as the 2014-2016 crash.
I can't believe how dense some of you here must be to really think that.
Xavier Gonzalez
TOPKEK. We are at the beginning of a multi year bear market
Nicholas Butler
Fuck off, shill your bags on plebbit like the rest of us. This bear market isn't going anywhere
Josiah Hernandez
When everyone thinks one thing, it usually does the opposite.
Thanks for being the sheep who will get slaughtered.
Nicholas Morales
Yeah, and still nothing has actually fucking happened yet.
Crypto will actually have to do, produce, or prove SOMETHING before it rises again.
Oh, it dropped 90%? Only because it stupidly and prematurely climbed to those heights in the first place.
Jackson Gray
Look at MakerDAO.
I'd argue that project is going to revolutionize the credit industry as we know it.
Especially when we get Multi-collateral DAI.
All the good shit is happening / being built on top of Ethereum.
Dylan Young
You can actually see all the positions and backing value of DAI tokens so no audit necessary unlike USDT.
It's self-auditing.
The crypto market will be irresistible to institutional and retail investors alike. We are talking about a global, neutral financial market that is both run on traditional exchanges and decentralised exchanges right now as I write this. The decentralised exchanges part of it is run on a global super computer that acts as a layer 1 truth machine for the human race, this is true right now.
Let it all sink in, Bitcoin is already semi-mainstream as a global currency, and Ethereum as a smart contracts platform that can run DEX's. There is no tech/finance nerd on Earth that can resist this new world and neither can retail and institutional investors.