So what makes you think cryptos are going to go back up? (they're not)
It's been a year since the bull market and massive media attention. Since then there haven't been any projects adopted by the public(such as shops accepting actual cryptos), nor any real advancements that would make one believe that crypto would bull like last year again. Crypto reached peak public interest during the bull run.
People comparing this 80% decline to the one in 2013-2014 don't understand that a 80% decline going from 1200 to 200 is MUCH DIFFERENT from one going from 20k to 5k.
You need a massive pool of new adopters (normies) to get the price up. Normies aren't interested anymore
Alexander Adams
Bitcoin has “died” more than 20 times. Ethereum has at least 5 times, too. Yet, they are the most valuable crypto assets at the moment. They both were praised to the heavens several times as well, and what happened thereafter? They fell dramatically.
Watch and you will see – this dynamic happens over and over again, to every crypto asset. We need to understand it and accept it for what it is. Seek out people who have realized this as the way crypto works
Tyler Nelson
Because i'm interested in actual business and finance. Watching yall get tortured because your get rich-quick scheme didn't work is pretty funny. You have no idea how markets actually work
Ethan Allen
The 2017 bull run made everyone aware of cryptos. Why would anyone join now after seeing a 80% decline? Any normie is just gonna shrug it off and keep using fiat because it looks safer.People are only buying crypto because they think they can sell it to someone else for a better price than they bought it. If no new people are coming in, the whole thing collapses
Zachary Allen
Most people here got in in 2017 and think they know it all. Plenty of people probably had the same reaction when it crashed down from 1300.
Nicholas Morris
New tech. One project releasing soon has the ability to disrupt an entire industry, and it's not CL
Chase Cook
How exactly? None of these projects are tangible.
Ian Moore
this
it’s different this time because everyone and their grandma already knows what Bitcoin and cryptocurrency is. many of the people who would have adopted already got burned in December. they’re not ever coming back.
Isaiah Watson
>this new erc-20 token on IDEX is surely the new Bitcoin!
What if I said to you theres a product coming that can displace ICANN and stop them from charging 200k per domain? Or the ability to separate your digital signature from your personal one? Total freedom and censorship?
Just cause you got burned doesn't mean money isn't there to be made >its an ECR20
Cute, the first token we launched was an ECR20 that went 7x but now it's a separate blockchain, sweetie.
Hudson Ramirez
Maybe it’s dead, maybe it’s not - but unbelievable gains are easier there than the stock market
Nathan Morales
I believe that those innovations are more linked to blockchain then crypto currencies, don't get the two mixed up. Cryptos are one of the uses of blockchain
Jose Powell
Short term, and since the gains are so unbelievable, no one wants to cash out until it's too late. This isn't going to keep up
Blake Ramirez
How domineering was that artists mum
Benjamin Jones
damn, chloe moretz looks like THIS?
Robert Stewart
source, now. Not interested in this sexually but this picture is just so abstractly intriguing that I ABSOLUTELY WANT TO KNOW THE CONTEXT
Angel Reyes
looks like fo3
Luke Hernandez
>muh blockchain not cryptocurrency?
What is a blockchain good for exactly without a cryptocurrency?
Asher Cox
ok so REDC just listed on hella exchanges, looking at potential pump... very likely and easy to make happen. i'm really looking at shitcoins right now cuz this market just had a fat bloodbath with no chance to short my usual. lets make a few extra buckz. keep it going
Anything that can benefit from decentralisation such as voting.
William Russell
I'm back! With vengeance. Shorting btc at 100X. This too will pass once we get to the bottom though. Cryptos are money and money is inevitable. You know black market is all in. If only that, the value is supported, not that I'm excited about it. Other than that, I'd say it's as hard to foresee what's coming as iPhone from looking at 1984 Mac.
>80% is different from 80% cuz reasons Very convincing argument, op. Only problem is everything you say is the exact opposite of what we see here in reality. If you're only here to make a quick buck flipping shitcoins and got justed, I have no sympathy for you. It's not an easy game but you should have known that going in. If you cared about the underlying tech then you wouldn't be making this thread. You're just butthurt you made bad decision after bad decision and lost your life savings of $5,000. I felt the sting from earlier this year same as anyone else, yet I'm still ahead by more than your lifesavings. Everyone makes money in a bull market, you weren't special, as sad as it is to face you must come to terms with it. In a bear market we see who the real players are.
Cut your losses and stick to something more your speed, like high yield savings accounts and credit cards.
Aiden Scott
All it takes for crypto to moon is for someone to flip a switch. Has nothing to do with supply and demand