As all cryptocurrencies continue their freefall, I am reading more reports marking the end of the entire market, and especially Bitcoin. Many are saying there is simply nothing of future value to expect from any of these "currencies," other than the belief by those who continue to hold and play in this market to believe in them. With just 4% of the entire world population in crypto at all, it does begin to beg some questions. It's been 12-years and mass adoption has not even come close to occurring. It's a technology, and in terms of traditional technology, this makes crypto one of the SLOWEST advancing technologies in history. So, what are your thoughts. Still just a dip or is the beginning of the end?
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9 comments
It´s only a diiippp!! Well, I need to believe what I just said. Hahhha. Let´s wait after this profit taking season and see the changes in the market soon. 🙏
I think this post will age well :) Makes one appreciate the patience HODL'ers had when all the emotions are kicking in combined with some news and expert reviews. Not saying that 100% crypto is the future, just the odds are in too much favor for it IMO.
I hope you are right. So far, though, I have not heard a single valid case argument why it is better than fiat. I still invest in it nonetheless. lol
Me too haha. If someone asks me, I can't fully explain or validate my reasons for investment lol
That's the thing; when it comes to stocks, bonds, annuities, real estate...I CAN explain it. lol
From the little I know I believe this is just a dip. I remember last year the dip was so much many thought the crypto world won't recover again but Bitcoin and many alt coins reached their all time high(ath) this year
I beleve it is the beginning of the takeover. I beleve there are whalesnwaiting for the right momment ti buy the market. Bit then again, what do I know?!
So, essentially we are right back where we started with fiat. The rich control everything. I thought crypto was supposed to solve that? 🤷♂️😂
When bitcoin mining was not possible with ordinary computers and mining farms started to pop up it all went to ... hell. The idea was UBI for anyone, everyone, it became a tit for the wealthy 'investers'.