How would you explain the current fall in price of cryptos.
There are no news of crypto banning or confiscation. So what is the reason for it?
Did we wanted more than we needed?
Is our greed killing crypto and blockchain technology in whole?
FUD, crypto will survive, and continue to thrive, its just that the market is evolving and current top tokken are getting under pressure, if the bitcoin dominance index wouldn't be instrumented by the bitcoin sect to celebrate themselves as they do that now, market would look more diversified already
regards
"Crypto" will not survive, there was never such a thing, it was only a mirage, a shitcoin bubble. Bitcoin is the only thing that will survive long term, with few honorable mentions, maybe Litecoin as a testnet for Bitcoin, maybe Monero as a niche currency... not much else to be frank.
And it's not about a "Bitcoin sect", but about applying proper fundamental analysis. All these shitcoiners are just mad that they missed the Bitcoin boat and want their own x1000 coin, as a result they create nonsense and nonsense doesn't stand the test of time long term.
The good news is Bitcoin is still insanely cheap and will go to $1,000,000, the bad news is most people don't have a 10 year long term vision so they will not make it.