Why aren't you buying now?

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?

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The recovery is going to give us and the banks whiplash.

there will be in 2020. It's down for 2 years now

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.

TOPKEK. We are at the beginning of a multi year bear market

Fuck off, shill your bags on plebbit like the rest of us. This bear market isn't going anywhere

When everyone thinks one thing, it usually does the opposite.

Thanks for being the sheep who will get slaughtered.

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.

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.

makerdao.com

mkr.tools

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.

>Muh contrarianism
we're going to -99.99% you know? How else are whales going to get 1000x returns?

You know everyone here sees your reddit spacing? You have to go back.

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Yet coins still have no purpose other than speculation and niche markets. Yea lot so money is tied up in crypto. But lots of money has left. That's because there was money to make. The next bull market isn't going to randomly start any time soon. There would need to be a dollar crisis. Or simply organic price action.

lol no it wont. if you think 800bn is the "top" for this speculative bubble, you are well and truly beyond a brainlet

Or a bunch of people such as the retail-fags all begin to think there is price recovery to be had so institutions step in and take it all for themselves at a 70-80% discount.

I'm talking Bitcoin and Ethereum here.

It's delusional to think nothing is happening with these networks currently and that there won't be massive amounts of value and transactions being conducted for the next decades on both.

why do you think even 10% of the alts today will get back to previous levels? new alts are being pumped out constantly, leaving old ones in the dust.

if you're holding onto sub billion alts now you've waited way too long.

>he fell for "reddit spacing"
way to out yourself newfag

Some won't work some will, it's normal for small cap investments. You didn't go all in on one coin did you?

>muh Dinosaur technology will change the world
Keep dreaming

Because i am waiting for nano to go under $1.

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Most people here won't ever make it with crypto judging pretty easily by the comments.

"is going to..." "is being..." "is coming..."

Uh huh. I've been hearing this shit for YEARS. Nothing has ever taken as long to get its shit together as crypto has.

Yeah, the better, more logical, ideal system always wins, right? Do you think the entire financial world is going to tear down all of its existing infrastructure to replace it with this if it doesn't have to?

If everyone is going to find this soooo irresistible then why aren't they in now? Do you honestly think that you "see something" or have some special information of insight that everybody else in the world doesn't already have?

You are the same idiots who, in December, were absolutely positive of $500 EOY Litecoin and $20 ARK.

Crypto is still facing massive fundamental hurdles and is completely unproven. Every time it TRIES to prove something, it fails. You have no clue how this is all going to play out.

Cryptocucks are like Jehovah's Witnesses.

if you waited until last year you would have the gains.
unfortunately you only started last year.

t. bought in 2017

Why does your picture exclude BCC?

>actually, actually, stupidly, prematurely
>reddit spacing

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Nice numbers retard
So because Ripple hit a decline of 92.5%, it cannot go lower than $0.25

See you at the absolute bottom

1 name kills your theory. Kobayashi. No moon is possible until he finishes dumping, even the other big whales aren't going to try and eat that sell wall. Once he's done we might see another bull run. So absolute best case is EOY, more likely next year. It's fine, use the time to earn useless fiat and build your positions.

Drop ain't over yet. Gonna go to 4k then in a year+ back to 20k+.

As far as I know, all meaningful blockchain development has shifted away from currencies and into more pragmatic applications in finance and technology.

The niche for crypto is too small to be viable for today's consumers. Maybe in a decade or two.

This
Whales are jealous of neets and zoomer potheads who went from $0.50 to $20k
It's a cockslap in the face for muh educated investors who brag with 15% per annum
Their entire reputation is at stake

Hey Felix