Topic: I'm calling it crypto is dead in 2018...the crypto hype has died like disco did (Read 831 times)
June 18, 2018, 08:03:53 AM
Crypto isnt dead, it just got a case of the man flu and feeling sorry for itself.
March 21, 2018, 10:55:01 PM
To many people lost money
To many regulations
To many new tax laws
Will take another 4 years for a "new" crowd to come in an invest
To many exchanges robbed people
Over all everyone is now turned off by crypto, maybe 2019 might be better but this year is all about 1080tis costing $1000+ and barely making $1, coins with 1-3 month life cycles
I came in at the beginning of the bubble watched it rise and now I seen it burst. Say it after me crypto is dead in 2018
To many regulations
To many new tax laws
Will take another 4 years for a "new" crowd to come in an invest
To many exchanges robbed people
Over all everyone is now turned off by crypto, maybe 2019 might be better but this year is all about 1080tis costing $1000+ and barely making $1, coins with 1-3 month life cycles
I came in at the beginning of the bubble watched it rise and now I seen it burst. Say it after me crypto is dead in 2018
Excellent. Glad to hear you think that. The more people that "give up" like you do, the more likely it is that crypto prices will form a durable bottom. That's the nature of markets.
March 21, 2018, 10:52:45 PM
And it was felt hip-hop would die as well and it didn't- quite the exact opposite; crypto is no different.
March 21, 2018, 04:08:10 PM
completely normal price correction that was not only predictable as its already happened 4 times in BTC history, but also very much needed to build underlying resistance in order to push higher over 40.000usd/btc for the next cycle
or
the fiat currencies or zombie drug addicts will turn to back to nothing which is where they came from and what they actually represent and crypto will spike over 1000% in a flash
(how can debt be a good investment)
i can go on and on but to cut a long story short blockchain tech is the future including being the worlds new currency
the weak hands cry later for their lack of vision today
or
the fiat currencies or zombie drug addicts will turn to back to nothing which is where they came from and what they actually represent and crypto will spike over 1000% in a flash
(how can debt be a good investment)
i can go on and on but to cut a long story short blockchain tech is the future including being the worlds new currency
the weak hands cry later for their lack of vision today
March 21, 2018, 02:43:42 PM
To many people lost money
To many regulations
To many new tax laws
Will take another 4 years for a "new" crowd to come in an invest
To many exchanges robbed people
Over all everyone is now turned off by crypto, maybe 2019 might be better but this year is all about 1080tis costing $1000+ and barely making $1, coins with 1-3 month life cycles
I came in at the beginning of the bubble watched it rise and now I seen it burst. Say it after me crypto is dead in 2018
To many regulations
To many new tax laws
Will take another 4 years for a "new" crowd to come in an invest
To many exchanges robbed people
Over all everyone is now turned off by crypto, maybe 2019 might be better but this year is all about 1080tis costing $1000+ and barely making $1, coins with 1-3 month life cycles
I came in at the beginning of the bubble watched it rise and now I seen it burst. Say it after me crypto is dead in 2018
I think you're not seeing the brighter picture.
Why was there a bubble? Because every single person out there suddenly discovered cryptos, everyone bought in. Fuck even Paris Hilton was saying "buy cryptos".
What happened was just a greedy frenzy. Everyone saw cryptos as the easy way to get rich and a bubble burst. That's how it works.
But calling cryptos dead for 2018 is just non-sense. The world of cryptos moves soooo fast. This train is not going to stop. The market just needs to breathe and wash out all the fuss.
It's just my honest opinion. Mining might get complicated, but cryptos aren't dead.
March 21, 2018, 12:39:59 PM
What makes you think the bubble burst? And what makes you think that bitcoin is a bubble, explain please, if you say so? 
Now there is only a small correction in the cryptocurrency world.
Now there is only a small correction in the cryptocurrency world. March 21, 2018, 11:57:02 AM
mining requires balls of steel. soy boys like op should stick to being the bag boy at the local supermarket.
March 21, 2018, 11:37:23 AM
Doubt the OP was even alive when disco was around 
Haven't heard from him in a day or so. His mom must have put the kibosh on his internet usage.
Haven't heard from him in a day or so. His mom must have put the kibosh on his internet usage. March 21, 2018, 11:13:34 AM
No doubt there are alot more big players mining more then ever. Smaller guys like me struggle to make some $$$ but you can make some you just have to hold and sell on the upswing. If you are selling now then you are losing.
March 19, 2018, 03:41:56 PM
I think he was just hoping he would get rich overnight mining with one gpu, so he could move out of his parents basement.
Lol.. This got me laughing. Probably that was his initial thought when he engaged in cryptocurrency mining. Though mining is a bit overrated for some people but there is still a tendency of having gains, if you do the right things and mine the right coins. Though one gpu is not that really bad, it solemnly depends on the coin he is mining with it, cause some coins don't really need sophisticated equipment. March 19, 2018, 02:21:53 PM
I think he was just hoping he would get rich overnight mining with one gpu, so he could move out of his parents basement.
March 19, 2018, 12:31:58 PM
I don't know what coins you mine, but I don't see the complexity of the network in the coins I mine. This means that pain threshold we not overcame. A lot of people still use their rigs. It seems to me that in modern conditions mining will begin to migrate to countries with low cost of electricity but it will not stop.
March 19, 2018, 12:01:51 PM
Don't worry man, just leave mining
It's easy to sell GPUs now and quit
It's easy to sell GPUs now and quit
March 19, 2018, 12:00:43 PM
You focus on the negatives. There are also many positives, including some of those you list as negative. Markets hate uncertainty. For Crypto to grow in to mainstream adoption, it has to deal with regulation and taxation first. Banks are certainly not taking it lightly.
https://www.bloomberg.com/news/articles/2018-03-18/growth-of-crypto-assets-may-threaten-financial-system-fsb-says
https://www.bloomberg.com/news/articles/2018-03-18/growth-of-crypto-assets-may-threaten-financial-system-fsb-says
Quote
Your Focus Determines Your Reality - Qui-Gon Jinn
March 19, 2018, 11:53:30 AM
He doesn't know what the word even means ... Lol
March 19, 2018, 11:46:04 AM
To many people lost money
To many regulations
To many new tax laws
Will take another 4 years for a "new" crowd to come in an invest
To many exchanges robbed people
Over all everyone is now turned off by crypto, maybe 2019 might be better but this year is all about 1080tis costing $1000+ and barely making $1, coins with 1-3 month life cycles
I came in at the beginning of the bubble watched it rise and now I seen it burst. Say it after me crypto is dead in 2018
To many regulations
To many new tax laws
Will take another 4 years for a "new" crowd to come in an invest
To many exchanges robbed people
Over all everyone is now turned off by crypto, maybe 2019 might be better but this year is all about 1080tis costing $1000+ and barely making $1, coins with 1-3 month life cycles
I came in at the beginning of the bubble watched it rise and now I seen it burst. Say it after me crypto is dead in 2018
To misquote a 1980's punk album
Crypto's Dead? Nah, Mate, The Smell's Jus Summink In Yer Underpants
March 19, 2018, 11:33:09 AM
To many people lost money
To many regulations
To many new tax laws
Will take another 4 years for a "new" crowd to come in an invest
To many exchanges robbed people
Over all everyone is now turned off by crypto, maybe 2019 might be better but this year is all about 1080tis costing $1000+ and barely making $1, coins with 1-3 month life cycles
I came in at the beginning of the bubble watched it rise and now I seen it burst. Say it after me crypto is dead in 2018
To many regulations
To many new tax laws
Will take another 4 years for a "new" crowd to come in an invest
To many exchanges robbed people
Over all everyone is now turned off by crypto, maybe 2019 might be better but this year is all about 1080tis costing $1000+ and barely making $1, coins with 1-3 month life cycles
I came in at the beginning of the bubble watched it rise and now I seen it burst. Say it after me crypto is dead in 2018
Have fun joining the litany of other arm chair quarterbacks calling it dead over the past 7 years. Disco was never had people dumping billions of dollars into it.
March 19, 2018, 10:07:20 AM
Year by year many miners or not miners are telling mining is dead, but honestly they are just losing opportunity to make passive earnings daily, but if you bought your cards higher I don't think it will be still profitable, but for those who bought their cards for a low price I think mining to them is still profitable.
Just learn how to hold your coins and sell them if the price increases back again. because i know GPU mining will be more profitable in the future.
Just learn how to hold your coins and sell them if the price increases back again. because i know GPU mining will be more profitable in the future.
March 19, 2018, 09:55:54 AM
The Secretive Miner's Formula: HiFUD=LoDIFF.
March 19, 2018, 09:03:03 AM
lol same threads pop up every 10 months
Relax guys, crypto is not dead. It's just the beginning, some people can't stomach the ride. Ethereum is worth $500, Bitcoin is worth $8000!! If all you looked at was the prices in May of last year and again today you would be jumping for joy! The problem is you lived through the highs of December, the GPU spikes of January, the FUD videos on youtube, and now you're panicking. Close your eyes and check back in 12 months. Your brain is always going to deceive you.
Relax guys, crypto is not dead. It's just the beginning, some people can't stomach the ride. Ethereum is worth $500, Bitcoin is worth $8000!! If all you looked at was the prices in May of last year and again today you would be jumping for joy! The problem is you lived through the highs of December, the GPU spikes of January, the FUD videos on youtube, and now you're panicking. Close your eyes and check back in 12 months. Your brain is always going to deceive you.
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