This was all inevitable and comparing previous bubbles in crypto to this one is silly. This one impact millions upon millions of people and it left a bad taste in people's mouth. These people will never come back and even worse they will tell other people crypto is a scam.
nah. as soon as things turn around again, and they will eventually, all will be forgiven, all will be forgotten and no one will care about the people who threw money at junk that is clearly worthless.
all bubbles are the same. the only thing that changes are the prices and the numbers of people involved. bubbles start once the pain of the previous pop is a distant enough memory.
Your point is well noted but the potential pool of people that throw money at this becomes smaller with every bubble. How many times do you stick your hand on a stove burner? Most people that invest do so at the height of euphoria and thus lose their money. People tend to avoid negative stimuli and we are many many bubbles away before there would ever be mass adoption. The entire premise of crypto gaining mass adoption is predicated on people accepting the pain for decades until we get to that crypto heaven. No... It needs to be built on more sound economics so that these bubbles don't ever form. Being more accurate at finding that market equilbrium between supply and demand would definitely help. Right now with the current block reward algorithm it just makes these bubbles larger and more quick moving.
I call BS.
As long as people go back to the casino they will come back to crypto. This crypto is a real gamble space.
That right there is the problem and besides... do people come back to the casino when they know the game is rigged against them? Compulsive gamblers maybe... normal people no.
