Pockets are empty..
Most people are invested huge amount of money and now they are locked with there money in coins and have a loss of 95% and they have no money anymore to invest.
I'm also sure most guys will cut there loss by a little bullrun and dump there bags and get out of this crypto.
Some people will but others will also take the low price as an opportunity to invest more. Number of investors is also nowhere near as important as quantity invested and with lots of large institutions gearing up to enter crypto you can be sure the amount invested will increase.
It's very realistic to see BTC around $1500 and ETH around $30..
Market going down from $5billion to $1billion is another story then market goes down from $800billion to $125billion.
This means $675billion dollar is out of crypto..
No it doesn't. There were never 800bn dollars in crypto, learn how market caps work.
There is no fresh money anymore..
$675 is eated by ico creators this guys are developers and marketing teams of coins and tokens.
We will never see them back.. Because they are already millionaire and investing in real estates to guaranty every month passive income..
And that's a bad thing how? Instead of having scammy projects that only care for money we'll have real quality projects.
People say BTC lost value in the past to and i say yes you are right, but losing value from $1000 to $200 is another story then losing value from $19000 to $3500..
If you buy 1 BTC in the past your loss was $800dollar and now if somebody bought 1 BTC his loss is more then $15000dollar.
You cant compare it.
You can compare it very easily. People don't have to buy whole bitcoins and most don't. If someone invested 1k at $1000 and lost 80% and 1k at $20k and lost 80% it's exactly the same..