Topic: I'm calling it crypto is dead in 2018...the crypto hype has died like disco did - page 2. (Read 831 times)

Some people just cannot handle losses obviously and when they get mad, they start FUDding and blaming everything. That's not a winners mindset, neither a way to prosper in life man! You just gotta stick with it and look for solutions, otherwise you lose everything

Back in January many people asked for a time machine to go back in time and buy cryptos cheap. Here we got one now and the crypto prices are like how they were many months back. Just use it 

If you'd look at the trends you would notice that price falling is usual thing in stocks and crypto world at this time of the years.
Callin crypto dead is nonsense...

Come on man with these posts.  I remember you joining the mining section and the forum when you barely knew what anything was and how it worked.  You came in at the peak of cryptocurrency during an all-time high.  You cannot expect the gains you saw when you joined to continue on forever. I assume you likely do not have experience with the stock market or any other type of investing.  Have you looked at the 1Q charts for all previous years of Bitcoin? Did you even follow Bitcoin before Dec of 2017?  Or are you just panic selling and want to spread FUD without any knowledge?

The market is going down that is correct and it could continue for months or years, but do you realize that 8k is still a 100% gain from late last year and its still up 709% from one year ago today. That is far from dead if you ask me.  I would ask you to not spread your panic or fear without looking at the bigger picture outside your 3-month experience with cryptocurrency.  Those that have been here awhile will see through your post but for the newbies who have the ability to analyze the past or look at the potential of cryptocurrency beyond quarter to quarter your kind of posts are not helpful or productive.  If you are leaving your cryptocurrency journey then best of luck in the future in whatever you decide to do. 

As always don't invest more than you can afford to lose, that's when panic, stress, and fear set in.

You are too "young" in the crypto world. By your "standards" Bitcoin has died a good couple of times already. And I expect it'll die a number more times.
As soon as the price will jump consistently again, a new loop will start. And the equation is not about if, it's about when. The history just loves the loops.

Yeah, it's like a 4-6 month loop at the moment. Back in Aug 2017 everyone was spitting about gpu prices and crypto values. Then crypto rocketed, everyone rushed to buy cards. Now we're back in FUD dead zone. Clearly time to panic, this time it's really dead, right?

There's always ways to make money in Crypto, even when mining profits have fallen. I'm personally not buying any GPUs at all anymore due to horrible prices and even worse profitability (still profitable for those who already have em, but for those who don't it'll take ~12months to break even with current pricing). I'm still profitable on pretty much everything I own, and at ~7c/kWh it will remain that way for quite some time.

If you're thinking about the new CN ASICs right now, don't try them. As you most likely already know, they're an incredibly big gamble as most CryptoNight coins are forking in an attempt to shut them out. There's no reason to resort to gambling even when profitability is low.

im not talking about quit mining, i just sold 2 years old gpus with big profit, now im gonna wait for new gddr6 gpus and join the game again
in the meantime i keep mining with my vega rig

I'm still making mad dough by mining some new shitcoins, that are coming everyday. You just need to dedicate yourself if you want to succeed bruk. If you go mainstream and mine ETH and everything else, that has enormous difficulty ofc it would be dead for you . As mbdmbn said, there's still money to be made! You just gotta put yourself into it mate

I was reading people's stories on reddit back in July of last year, saying basically the same thing, glad I sold all my cards, crypto is dead ect ect.

Forward to today, eight months later, in a bear run, and there's still money to be made. Talk about shooting yourself in the foot.

Agreed, many years Q1 has been rough for crypto, only to come back strong at the end of the year.  Surprising part is you still can't get a GPU at a reasonable price with mining profits 1/10th what they were 3 months ago.

Too early to say crypto is dead this year, It's still early in the year. We don't know what will happen next month, next week, or may tomorrow. Let's wait and see what going to happen. 

if the coin devs dont manage it to make the algos really asic resistant i see no future for crypto too

imho ethash& equihash gets asic mined in secret,cryptonight has been asic mined for months as we know now...... everything getting dumped, its to much supply for the market
i also believe the cryptonight forks will just help for a short time, as soon the asic fuckers have their updated miners ready to mine difficultys will be fucked up again or even more than now

thanks god i sold all my rx 580 weeks ago for 350-400€ because i saw it comming

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