Cryptocurrency will stay in its place. But some investors may fail to stay. The crypto market is volatile so it can be bullish as well as bearish. It has established a strong position here in every part of the world. Hopefully in the future more good companies will be encouraged to invest in this platform.
The cryptocurrency industry by nature is volatile. This has caused many investors to occasionally run away from crypto and yet the volatility of the cryptocurrency industry has also attracted some investors. While volatility is an advantage to some people, it is a disadvantage to other set of peoples. The overall effect would be that some investors we run away from cryptocurrency industry some investors will choose to remain and learn to deal with volatility while some will also remind because they benefit from volatility (traders). This is just the market sentiment and it will remain like this until when the cryptocurrency industry will be regulated to a large extent and the price will be somewhat stable, then will mass adoption come. 
Topic: Crypto is here to stay. - page 2. (Read 702 times)
Despite so many good news that have come to the crypto but none of these news were creating the hype. The bad news were still dominating the crypto market. I think that the latest news came from the genesis has been ruining the crypto market again, lending platform keeps halting user's money. This may make people starting to distrust the crypto market. I thought that if the trust will not come easily to the crypto market again. The bad news has been dominating everything.
Bitcoin is not so strong to handle it. It's not easy to attract the billions dollars that have been going away from the cryptocurrency.
But that's what happens in a bear market. Things take time to turn around and to get people trusting markets again isn't one week job. It could take a year and many people will quit at the bottom. This is something we have seen many times, but as it's happening on bigger and bigger scale EVERYONE is seeing it. And from what i pick up at reddit and different forums, public still don't get it. They think because it''s ponzi, and because FTX was ponzi. And they are happy it happened to "annoying" crypto people and i totally understand the bitterness. They don't even get that most of us are cynics too, they think we are all moonbois and libertarians and make articles like this. But that's their loss.Bitcoin is not so strong to handle it. It's not easy to attract the billions dollars that have been going away from the cryptocurrency.
And OP right, big businesses understand that crypto is volatile and probably now are buying projects that they see solid and important, not just hype.
Bitcoin is behaving like cyclical assets and follows the trend in the overall economy like stock market which is evident from its strong correlation with stocks. Though currently it is in bear cycle since the beginning of 2022 but for sure it is not going anywhere, it is here to stay, it will bounce back but I think market will first enter in stabilization phase once Bitcoin is bottomed out then most likely we will see beginning of bull run by mid of 2023.
I have seen this a hundred times and there are much worse than this, every time something like this happens all we have to do is to visit Bitcoin Obituaries and see and looked back at the worse scenarios Bitcoin have encountered so far there are already 466 articles that Bitcoin has died and I guess many more are coming
In 13 years Bitcoin which is the father of Cryptocurrency, it has weathered the storm 2017 is the year that we recorded the number of times Bitcoin died.
from the quote you explained, it can be concluded that bitcoin will never be affected by anything that happens in the market and when bitcoin is indeed the time to be bullish, it will still increase in price.In 13 years Bitcoin which is the father of Cryptocurrency, it has weathered the storm 2017 is the year that we recorded the number of times Bitcoin died.
It's been bad news for a long time that emerged for the existence of bitcoin but it really can't destroy bitcoin or even kill bitcoin.
some of us who are here have experienced several times such news appears to kill bitcoin but every time the news comes after several years bitcoin gives a very high price after the halving
Cryptocurrency will stay in its place. But some investors may fail to stay. The crypto market is volatile so it can be bullish as well as bearish. It has established a strong position here in every part of the world. Hopefully in the future more good companies will be encouraged to invest in this platform.
The chaos created by collapse of FTX was similar to 2001 dissolution of Enron, the largest bankruptcy in US history. The complete failure of corporate control is a strong message to authorities to come up with new regulation to avoid such a huge crisis which has evaporated life time savings of many families all over the world.
The message from this collapse is loud and clear. Keep your asset in no-custodial wallets.
I do not think that it is remotely close. Enron was a huge deal and because of that a lot of trouble happened overseas as well, and that was amount of money that was just insane to think about.The message from this collapse is loud and clear. Keep your asset in no-custodial wallets.
FTX is a small thing compared to that, sure a few billion dollars, but nothing that can be fixed with like a 5-10 billion loan to FTX could be compared to Enron, we are talking about literally going against a court and congress just to explain why you bankrupted, Enron was big that much and that’s a whole another level. I understand it is not going to be an easy thing to accept that bitcoin will not be that big for a long time, but we gotta stop overestimating our importance in global stage.
it indeed is true that cryptocurrency despite all of the bad news still have some good news, it's no brainer that cryptocurrencies are gonna be here to stay but the question is whether cryptocurrencies could ever reach its all time high ever again since that's the real question these days since considering seeing the current value of cryptocurrencies in general, it already lost so much of its value that some doubtful if it ever reaches its all time high again, but i'm sure it will.
The chaos created by collapse of FTX was similar to 2001 dissolution of Enron, the largest bankruptcy in US history. The complete failure of corporate control is a strong message to authorities to come up with new regulation to avoid such a huge crisis which has evaporated life time savings of many families all over the world.
The regulators should change some policies and make them even stronger for these exchanges and companies to have a sense of responsibility and avoid doing fraud while given a license to operate.The message from this collapse is loud and clear. Keep your asset in no-custodial wallets.
It's sad that too many folks have been affected. But for those that have little funds there, the lesson that they've got is big but for those that have huge funds left there then they can treat it as a very expensive lesson to learn. That's all they can think to avoid having that stressful thought because they don't like what has happened and no one like it even the non-affected people. 
Crypto is here to stay.
keep your coins and keep buying , never stop supporting and never stop accumulating .
Cryptocurrencies are here to stay, but that doesn't mean every cryptocurrency is here to stay, we're all waiting for the market to recover and the next bull run to come. Although the crypto market is in a downturn, there is always a lot of positive news happening in cryptocurrencies, so we must always maintain a positive attitude and believe that the development of cryptocurrencies is always moving forward.
there will always a coin that is created to die , meaning those are shitcoin that have made for scamming and those will die eventually after the ICO, People must also look on the bright side or positive side because there is a lot of innovation right now that is in cryptocurrency, these negative news or incidents happening on cryptocurrency right now seems to be given along the way.
For me, there is always a lot of positive news and innovation happening and coming to cryptocurrency compare to negative events, so we must be positive always. Take those negative events as lessons as we go along.
And what we took away from the negative events that happened to the FTX platform is a valuable lesson about why we should keep cryptocurrencies off the exchanges we only have to move them to the exchange only when we are ready to sell not to mention that this also helps protect us from panic selling, we looked to the dark side and took our valuable lesson And that's enough, there is a lot of positive news that has happened and will happen to crypto, but few people believe in them and help spread them. Everyone should be positive because the end of autumn is spring, so we have to learn from the mistakes of others and not take the negative events as the end, but As lessons, we learn.For me, there is always a lot of positive news and innovation happening and coming to cryptocurrency compare to negative events, so we must be positive always. Take those negative events as lessons as we go along.
The chaos created by collapse of FTX was similar to 2001 dissolution of Enron, the largest bankruptcy in US history. The complete failure of corporate control is a strong message to authorities to come up with new regulation to avoid such a huge crisis which has evaporated life time savings of many families all over the world.
The message from this collapse is loud and clear. Keep your asset in no-custodial wallets.
Although the deaths of Luna and FTX have taken a heavy toll on the market, but both are only part of the market. They are not representative of the entire market so their demise may have an impact but may not kill the crypto industry. Crypto is still in the development phase so bumps are inevitable.
The failed or death of Luna and FTX exactly became a disaster at that time. However, this doesn't make the end of crypto. They were part of cryptocurrency which should be a big lesson for us. We may be afraid of having a such a similar case with them some day later. That is why we must learn from how they are failed and crashed so far. This really reminds us how to invest wisely and smartly, because top coins will not guarantee. There will be always risks, moroev the FUD will never stop on those two coins. I am sure that the big FUD will reach other cryptos again some day. So, we ar ebetter to be read y with it. ANd what hapnes here is, whatever the codnition, most of us still beleive in cyrpto, right? Moroever Bitcoin. Why? Becase this is trust, we trust in Bitcoin, crypto, that they are valuebale ad worthy to ivest. The fall of two projects doesn't mean the fall of crypto. Yeah, crypto is still here to stay and grow up. 
Despite all of the drama with FTX:
-Apple pay added USDC support
providing an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.
Crypto is here to stay.
-Apple pay added USDC support
providing an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.
Crypto is here to stay.
Although the deaths of Luna and FTX have taken a heavy toll on the market, but both are only part of the market. They are not representative of the entire market so their demise may have an impact but may not kill the crypto industry. Crypto is still in the development phase so bumps are inevitable. Like humans, to grow up we also have to go through a lot of falls and always get up after that, over time we will become more mature. The market has been around for 13 years and has been through a lot harder than this and we always stand firm after every crash, so this one was no exception.
People must also look on the bright side or positive side because there is a lot of innovation right now that is in cryptocurrency, these negative news or incidents happening on cryptocurrency right now seems to be given along the way.
For me, there is always a lot of positive news and innovation happening and coming to cryptocurrency compare to negative events, so we must be positive always. Take those negative events as lessons as we go along.
And what we took away from the negative events that happened to the FTX platform is a valuable lesson about why we should keep cryptocurrencies off the exchanges we only have to move them to the exchange only when we are ready to sell not to mention that this also helps protect us from panic selling, we looked to the dark side and took our valuable lesson And that's enough, there is a lot of positive news that has happened and will happen to crypto, but few people believe in them and help spread them. Everyone should be positive because the end of autumn is spring, so we have to learn from the mistakes of others and not take the negative events as the end, but As lessons, we learn. For me, there is always a lot of positive news and innovation happening and coming to cryptocurrency compare to negative events, so we must be positive always. Take those negative events as lessons as we go along.
Bitcoin will never be an alternative. What about CBDC, did you miss it? Some developed countries may be implementing a cashless financial system but will instead be CBDC or a government-created digital currency, never bitcoin. How does a decentralized currency get accepted by the government? how can a highly volatile asset become a currency? Bitcoin will be an alternative to fiat unless it is regulated and it becomes stable, but that will never happen.
Hi. I have ignored CBDC, you can't compare it with Bitcoin. Not meant negatively, but I refuse to compare it to that. If cash should no longer exist in the dimension it does today, then it is an alternative. With cash, which they can not deposit at a bank, what happen with it? Exchange of services, things and Bitcoin on a private basis.Quote
How does a decentralized currency get accepted by the government?
Maybe never. But people are the ones who can decide it to trade. Quote
how can a highly volatile asset become a currency?
Again, people decide that at the moment of payment. All it takes is a service or object that have a value. Despite all of the drama with FTX:
-Apple pay added USDC support
providing an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.
Crypto is here to stay.
-Apple pay added USDC support
providing an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.
Crypto is here to stay.
Indeed, crypto is here to stay, no matter it remains in bear cycle for long or short time & whatever turmoils like LUNA & FTX it goes through but eventually it will recover & make new ATH. Ups and downs are normal in crypto currencies & this Volatility provides opportunity to take new buying positions and make huge gains. All sectors of crypto space are making huge technological development; Hence, I don't think we are going to see anything like crypto is going away and disappearing.
Cryptocurrencies are here to stay, but that doesn't mean every cryptocurrency is here to stay, we're all waiting for the market to recover and the next bull run to come. Although the crypto market is in a downturn, there is always a lot of positive news happening in cryptocurrencies, so we must always maintain a positive attitude and believe that the development of cryptocurrencies is always moving forward.
The current bear run conditions mean that many altcoins are unable to survive and this condition is also a purge of altcoins that are not doing well after they reach a price peak. Many of these altcoins continue to decline because they cannot survive the intense competition in the crypto market. As for the other coins that have strong support, these coins are still trying to survive and later, these coins can occupy a good position after the next bull run comes. We as crypto users, must be patient in this bear market and keep looking for coins that have the potential to go up and this is worth doing because we have the goal of making big profits later. 
Crypto is here to stay.
In the future maybe become as alternative for cash. Many think it will become the alternative for digital payment, yes... but maybe only for cash transactions that are no longer possible in the future? In Germany, there are a few banks that no longer offer cash in the stations. If more banks follow, where will you get the Cash over the next few years? From private sales and how do you turn cash into digital? Bitcoin is an alternative. Bitcoin will never be an alternative. What about CBDC, did you miss it? Some developed countries may be implementing a cashless financial system but will instead be CBDC or a government-created digital currency, never bitcoin. How does a decentralized currency get accepted by the government? how can a highly volatile asset become a currency? Bitcoin will be an alternative to fiat unless it is regulated and it becomes stable, but that will never happen.
Despite all of the drama with FTX:
-Apple pay added USDC support
providing an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.
Crypto is here to stay.
-Apple pay added USDC support
providing an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.
Crypto is here to stay.
Despite so many good news that have come to the crypto but none of these news were creating the hype. The bad news were still dominating the crypto market. I think that the latest news came from the genesis has been ruining the crypto market again, lending platform keeps halting user's money. This may make people starting to distrust the crypto market. I thought that if the trust will not come easily to the crypto market again. The bad news has been dominating everything.
Bitcoin is not so strong to handle it. It's not easy to attract the billions dollars that have been going away from the cryptocurrency.
Cryptocurrencies are here to stay, but that doesn't mean every cryptocurrency is here to stay, we're all waiting for the market to recover and the next bull run to come. Although the crypto market is in a downturn, there is always a lot of positive news happening in cryptocurrencies, so we must always maintain a positive attitude and believe that the development of cryptocurrencies is always moving forward.
Crypto is here to stay.
In the future maybe become as alternative for cash. Many think it will become the alternative for digital payment, yes... but maybe only for cash transactions that are no longer possible in the future? In Germany, there are a few banks that no longer offer cash in the stations. If more banks follow, where will you get the Cash over the next few years? From private sales and how do you turn cash into digital? Bitcoin is an alternative. Aside from that, there are lots of greedy developers that wanted to milk investors by making cryptocurrency out of thin air. This practice will continue as long as there are investors that is not researching and is willing to gamble their funds to greedy developer. So this is one of the reasons why crypto is here to stay.
But not all developers are greedy, there are honest and just developers. They create projects with innovation that bring new technology and idea to the table. So without financial gain purpose, there are developers that loves to publish their thoughts and creation and got rewarded because of their brilliant innovations. I think this kind of developer will continue to create their crypto project to bring more ideas and inventions.
There were scams before, there were a lot of problems before, no matter what happens crypto still rages on with a big hype and it will go on like that forever. I do not see how bitcoin could crash to zero, its near impossible in my mind, there needs to be something major for that to happen and I believe its near impossible. Just realize the fact that its going to be here for a long time and accept that and move on. Anyone who keeps being scared of the potential of bitcoin crashing, will end up not investing fully, would be scared to invest fully, and they will not be making a huge profit when the price goes up, and it will go up, it will be a million dollars one day, maybe not soon, but eventually.
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