Unlikely..in order for a bare market to occur, people would have to loose faith in blockchain technology. I believe blockchain tech will continue to change the world. I don't think it is going anywhere, do you remember when bitcoin pulled back from 5k to 3k? this is the same. weak hands being shaken out by the whales and the FUD
not really. 2 years ago there was a bear market in crypto, did people lost faith? it has nothing to do with having faith. its about over valuation.
Most people had no idea what cryptos were back in 2016, people had no faith to begin with. As more and more people learn what blockchain technology really is, they will see the true value to it.
last year the entire Crypto market cap was at $17 billion dollars, this year we are sustaining over 600 billion and rapidly approaching 1 trillion.
And this is just the beginning. When i see some red it almost puts a smile on my face. Because i know that now is a good time to get some good bargains, that's how we all should see it. And if you don't see it that way then you're not here for the right reason's. It's not all about the lambo's, well it kind of is but it's more about changing the world, and projects like Populous are doing that.