I have to say 2022 events weren't really that shocking, but became shocking because people cared about it. During 2021 when things were looking great, I could show 10 things that were worse than whatever happened in 2022, but nobody cared, why? Because the price was going up and they all wanted to make some money. But, because we were going down in 2022, whenever something bad happened, previous days and weeks and even months were bad so they reacted to bad news even worse than what it was.
Even like someone selling bitcoin caused it to drop more than it should, because people sold ten times more than what was sold, as a reaction which caused it to go down a lot, when in bull world people would just ignore and buy more.
Topic: Interesting events in 2022 on the crypto market (Read 223 times)
Checkout those nuts (SEC), they are god damn everywhere and trying to be hero about it. Why would they go door to door and try to defy the purpose of crypto currencies. Why they can’t just be SEC and regulate the Share market as they did earlier. Let me guess they are out of business and they don’t have under the table Money incoming so they taking the crypto currencies under their wings. They are trying very hard to confiscate bitcoin and related instruments but hail to bitcoin it is staying strong. May be that’s the power of public holding?
A very interesting forecast for this year, the events in which will be a continuation of the important events of 2022.
https://twitter.com/cryptoseq/status/1608857781372874754
"1/ Having spent most of 2022 in stablecoins and on the sidelines, I think 2023 could be a very challenging but pivotal year for the future of crypto that will create a lot of opportunities. Here are some predictions / really important things I think to keep an eye on"
https://twitter.com/cryptoseq/status/1608857781372874754
"1/ Having spent most of 2022 in stablecoins and on the sidelines, I think 2023 could be a very challenging but pivotal year for the future of crypto that will create a lot of opportunities. Here are some predictions / really important things I think to keep an eye on"
Event which has the biggest impact? I guess that was the downfall of terra because that was also the time wherein sources of profit in forms of p2e and nfts, also started to struggle. After that, we've seen more projects which had problems prolonging their platform in this industry But I am not trying to blame everything from what he's done. The market is just that uncertain and many things could take place in an instant for both positice and negative situations. Maybe, it is a factor that many projects became alarming to the investors, which yield to low overall activity in this industry. Whether it would be able to recover or not, depends solely with the things which would take place for next year.
I agree and I thought that was the last bad news that we are going to have before the end of 2022 until the FTX scandal happened with over 5 million users losing their funds and the bad domino effect that happened, I consider 2022 as one of the worse years we have, if not for the good foundation and the strong belief of the early adopters the industry is still safe.
The only circumstances that we are going to crumble are if the blockchain concept can be destroyed or manipulated, it's the centralized entities that are wrong here not the blockchain concept.
If we base on how high the fall it caused, I think the biggest event is Terra's collapse. It is very obvious in the chart how big the impact of this blunder is to the crypto market. But if we look before that, it seems the crypto market is already going down. Before Terra's collapse, the market has already lost a lot.
The second biggest it seems is the announcement of Binance that it will sell FTX's native token. FTX filing for bankruptcy followed very shortly after Binance's decision.
The second biggest it seems is the announcement of Binance that it will sell FTX's native token. FTX filing for bankruptcy followed very shortly after Binance's decision.
(....)
The next year will be even more fun, because a lot of questions arise with the regulation of the crypto market. But there are also positive things that many companies that make the best computer games are starting to intergrate with popular blockchains.
The year 2022 is tough for Bitcoin, we must move on and be ready for upcoming events for Bitcoin especially next year which is Bitcoin block halving.The next year will be even more fun, because a lot of questions arise with the regulation of the crypto market. But there are also positive things that many companies that make the best computer games are starting to intergrate with popular blockchains.
It is difficult to predict exactly what event will have the most impact on the cryptocurrency market in 2022, the year 2022 is one of the years that are very important to the cryptocurrency market, lot of unexpected things happened like a lot of people lost tons of money, as the market is highly dynamic and subject to many different influences.
I think the Terra Collapse. If it wasnt for them, the overall marketcap wouldnt go down like this. With that event, most projects began to die out and even the p2e and some nft projects struggling to make up for the high dive. Then afterwards, most projects even the major one started to go down until many fud events came in. Such as FTX bankruptcy. Well thats a huge fall down for everyone. Maybe we need some new start.
I somehow agreed with your statements, terra is like the main cause the valuation of many cryptocurrencies goes down so significantly, I wonder if ftx is actually a chain result of luna collapsing and if luna weren't collapsing would they still spare, even though cryptocurrencies still have the chance of recovering back I think we're already far off from the ath even if there's massive bullrun big fat chance we could hardly surpass the previous ath and just settle with recovering back the value. honestly, the chain effect caused by the collapses of these big platforms are massive, there are so many new coins that failed and just outright gets abandoned, I think big platform nowadays should really take care of their internals. 
It looks like Terra really started the worst trend, and more negative news started to happened in the market. This year is indeed a bear market and probably one of the worst bear market. Now, we are starting a new year on a down trend, I wonder what kind of news that can start the up trend, probably a good hype for a new project and Bitcoin.
Terra was not the cause of the worst trend. The real causes of the worst trend are uncertainty in the geopolitical arena and rising inflation around the world, as well as rising unemployment and higher prices for goods and services. All of this began much earlier than the Terra events. Terra itself was doomed anyway, regardless of the trend, because they had bad tokenomics and signs of a pyramid scheme, where each investor was promised a high return, and this high return could only be maintained with a continuous infusion of new money into the system.
Of course, the war and the worst inflation that have been experience even by US causes not just the crypto market, but the other traditional market as well. However, if you look at prior to the Terra Luna event, the market is somewhat relatively calm, and we even have some good increased around that time. But things turn to worst after the Terra Luna expose, pulling the market down and it took months because we settled down. Unfortunately, when we all forgot about Terra, the FTX collapse occur and that is the final nail for us this 2022 as we see a lowest low at $15,500. So no money is going to infuse in the market if there is uncertainty around.
What should have happened, happened. If not for Terra events, the price dump would have been caused by other events, such as bankruptcies of major crypto services. It was all long overdue and would have happened anyway. Terra only accelerated what was in store for the market, I think. In my opinion, FTX, not Terra, was the biggest blow to the industry, and it was not in terms of how much bitcoin dropped.
It looks like Terra really started the worst trend, and more negative news started to happened in the market. This year is indeed a bear market and probably one of the worst bear market. Now, we are starting a new year on a down trend, I wonder what kind of news that can start the up trend, probably a good hype for a new project and Bitcoin.
Terra was not the cause of the worst trend. The real causes of the worst trend are uncertainty in the geopolitical arena and rising inflation around the world, as well as rising unemployment and higher prices for goods and services. All of this began much earlier than the Terra events. Terra itself was doomed anyway, regardless of the trend, because they had bad tokenomics and signs of a pyramid scheme, where each investor was promised a high return, and this high return could only be maintained with a continuous infusion of new money into the system.
Of course, the war and the worst inflation that have been experience even by US causes not just the crypto market, but the other traditional market as well. However, if you look at prior to the Terra Luna event, the market is somewhat relatively calm, and we even have some good increased around that time. But things turn to worst after the Terra Luna expose, pulling the market down and it took months because we settled down. Unfortunately, when we all forgot about Terra, the FTX collapse occur and that is the final nail for us this 2022 as we see a lowest low at $15,500. So no money is going to infuse in the market if there is uncertainty around.
I think the Terra Collapse. If it wasnt for them, the overall marketcap wouldnt go down like this. With that event, most projects began to die out and even the p2e and some nft projects struggling to make up for the high dive. Then afterwards, most projects even the major one started to go down until many fud events came in. Such as FTX bankruptcy. Well thats a huge fall down for everyone. Maybe we need some new start.
I'm not sure last year's events will be forgotten in the history of crypto. Not sure anyone expected FTX and Terra to crash. Left everyone in great shock!
Damn. I didn't know that "market impact" is part of the guilt assessment in court. Because its not! And market impact from single event is hard to estimate because there were many other bearish events that were triggered one after another. Such as braking major support lines, braking trend lines etc. Bitcoin was far less oversold and in far worse technical situation when luna collapsed compared to FTX going bust. It would be different if FTX crash first and than luna after months.
But the biggest difference is that Sam stole funds from his users on purpose, while Do-Kwon made a start-up based on innovative technology that failed.
People affected by Do-Kwon knew about risks. All risks were in open source code. We f.ed up investing in something that should not work.
People affected by Sam were scammed, lied and robbed.
Thats the difference. No one should compare it based on market impact. Being rude doesn't mean you are more guilty.
Ok, those cases differ a lot, i admit that, but now your response make it sound like Do-Kwon was innocent. But the biggest difference is that Sam stole funds from his users on purpose, while Do-Kwon made a start-up based on innovative technology that failed.
People affected by Do-Kwon knew about risks. All risks were in open source code. We f.ed up investing in something that should not work.
People affected by Sam were scammed, lied and robbed.
Thats the difference. No one should compare it based on market impact. Being rude doesn't mean you are more guilty.
If Do-Kwon was just an innovator that failed, can you explain why Interpol issued a red notice for him then?
And when Do-Kwon was warned about unsustainable interest rate and collapse but chose not to take perfectly valid critique seriously, making him well aware in my book that ust would crash and burn when conditions were right.
It looks like Terra really started the worst trend, and more negative news started to happened in the market. This year is indeed a bear market and probably one of the worst bear market. Now, we are starting a new year on a down trend, I wonder what kind of news that can start the up trend, probably a good hype for a new project and Bitcoin.
Terra was not the cause of the worst trend. The real causes of the worst trend are uncertainty in the geopolitical arena and rising inflation around the world, as well as rising unemployment and higher prices for goods and services. All of this began much earlier than the Terra events. Terra itself was doomed anyway, regardless of the trend, because they had bad tokenomics and signs of a pyramid scheme, where each investor was promised a high return, and this high return could only be maintained with a continuous infusion of new money into the system.
Definitely the Terra and FTX collapse takes the cake for the most impactful event in the crypto market this year. Both will go down in history and will be remembered like how the OG's experienced Mt. Gox.
I have note list with three bigger tragedy in cryptocurrency during 2022, first we still remember with Terra Luna network coin have been scam or drop price drastically, Luna having serious problem with price drop from $100 become shit coin until right now. Second bigger tragedy about FTX as two highest exchange market have been collapse and many people loss their fund after withdrawing problem close, actually FTT coins as part from FTX exchange have going dump almost the same with Luna coin.Another fake promised with Mt.Gox exchange market never refunding with their user Bitcoin assets, having rumor they will refund all Bitcoin assets to their user trough August 2022 until end this year never have planning to refund their member Bitcoin assets.
In every bearish period, we have some big services/coins/tokens getting busted. Hype and big prices kept them up and when people wanted to cash out and move to other things (something we often see when prices start to go down) oops, there's no money for that! Pyramids collapse in days, if not hours.
Terra started something for sure, and with the FTX situation at the end of this year, we can say that we had a crazy crypto year behind us. I hope that the next year will be better, and without similar situations.
It looks like Terra really started the worst trend, and more negative news started to happened in the market. This year is indeed a bear market and probably one of the worst bear market. Now, we are starting a new year on a down trend, I wonder what kind of news that can start the up trend, probably a good hype for a new project and Bitcoin.
Terra started something for sure, and with the FTX situation at the end of this year, we can say that we had a crazy crypto year behind us. I hope that the next year will be better, and without similar situations.
It's obvious that the Terra Luna was the first black swan and it really did harm the market, and then the finale for this year, FTX collapses pushing the market even further down to a new lower lows at $15k.
But as others said, we may have been tested for this year, but we are still and very much alive and very optimistic that we can pass this all over and then will go for another all time high and it could be the biggest and the first time in history, when we reach 6 digits in the next bull run.
But as others said, we may have been tested for this year, but we are still and very much alive and very optimistic that we can pass this all over and then will go for another all time high and it could be the biggest and the first time in history, when we reach 6 digits in the next bull run.
~snip~
What event do you think has the most impact on the cryptocurrency market in 2022?
^I think these 3 series of events, are the FTX bankruptcy or collapse, the Binance FUD, and the withdrawal of all funds in CEXs.What event do you think has the most impact on the cryptocurrency market in 2022?
What next is possible? There are too many events that quickly change the market condition which means there are too many weak hands in the market pretending real investors. People are easily getting FUD and panic, but at least with these events people learned from their mistakes and have an awareness of how to protect their assets. Now people learned what is noncustodial wallets.
It looks like Terra really started the worst trend, and more negative news started to happened in the market. This year is indeed a bear market and probably one of the worst bear market. Now, we are starting a new year on a down trend, I wonder what kind of news that can start the up trend, probably a good hype for a new project and Bitcoin.
I am a bit surprised in that as in comparison, Kwon Do-Hyung walks free while his actions caused market to drop more then FTX.
And no one in the media seems to even care. Everyone is so focused on Sam. I guess he is more media sexy with all these rumors circling over him and FTX.
And i don't see similar hate towards Kwon Do-Hyung from the community either, even though he was arrogant and annoying the whole time.
And no one in the media seems to even care. Everyone is so focused on Sam. I guess he is more media sexy with all these rumors circling over him and FTX.
And i don't see similar hate towards Kwon Do-Hyung from the community either, even though he was arrogant and annoying the whole time.
Damn. I didn't know that "market impact" is part of the guilt assessment in court. Because its not! And market impact from single event is hard to estimate because there were many other bearish events that were triggered one after another. Such as braking major support lines, braking trend lines etc. Bitcoin was far less oversold and in far worse technical situation when luna collapsed compared to FTX going bust. It would be different if FTX crash first and than luna after months.
But the biggest difference is that Sam stole funds from his users on purpose, while Do-Kwon made a start-up based on innovative technology that failed.
People affected by Do-Kwon knew about risks. All risks were in open source code. We f.ed up investing in something that should not work.
People affected by Sam were scammed, lied and robbed.
Thats the difference. No one should compare it based on market impact. Being rude doesn't mean you are more guilty.
I am a bit surprised in that as in comparison, Kwon Do-Hyung walks free while his actions caused market to drop more then FTX.
And no one in the media seems to even care. Everyone is so focused on Sam. I guess he is more media sexy with all these rumors circling over him and FTX.
And i don't see similar hate towards Kwon Do-Hyung from the community either, even though he was arrogant and annoying the whole time.
And no one in the media seems to even care. Everyone is so focused on Sam. I guess he is more media sexy with all these rumors circling over him and FTX.
And i don't see similar hate towards Kwon Do-Hyung from the community either, even though he was arrogant and annoying the whole time.
What event do you think has the most impact on the cryptocurrency market in 2022?
The next year will be even more fun, because a lot of questions arise with the regulation of the crypto market. But there are also positive things that many companies that make the best computer games are starting to intergrate with popular blockchains.
The next year will be even more fun, because a lot of questions arise with the regulation of the crypto market. But there are also positive things that many companies that make the best computer games are starting to intergrate with popular blockchains.
Bear market... everything bad is important, anything good is not worth to spread. WHERE GOOD NEWS in this list?!
I think the biggest crypto news of 2022 was this:
"BIS Allows Banks to Hold 2% Of Their Reserves in Cryptocurrencies"
https://www.investing.com/news/cryptocurrency-news/bis-allows-banks-to-hold-2-of-their-reserves-in-cryptocurrencies-2966647
I think its more money than whole crypto capitalization. Why no one talks about it? Oh because we are in bear market and collapse of shitty altcoin is more important
Bitcoin is now an official reserve asset of banks!
Definitely the Terra and FTX collapse takes the cake for the most impactful event in the crypto market this year. Both will go down in history and will be remembered like how the OG's experienced Mt. Gox.
~ The next year will be even more fun, because a lot of questions arise with the regulation of the crypto market.
I'm not sure what Government action will be surprising in the coming years since we kinda have an idea as early as now. We've already been conditioned that there will be tighter regulations.
Event which has the biggest impact? I guess that was the downfall of terra because that was also the time wherein sources of profit in forms of p2e and nfts, also started to struggle. After that, we've seen more projects which had problems prolonging their platform in this industry But I am not trying to blame everything from what he's done. The market is just that uncertain and many things could take place in an instant for both positice and negative situations. Maybe, it is a factor that many projects became alarming to the investors, which yield to low overall activity in this industry. Whether it would be able to recover or not, depends solely with the things which would take place for next year.
I agree and I thought that was the last bad news that we are going to have before the end of 2022 until the FTX scandal happened with over 5 million users losing their funds and the bad domino effect that happened, I consider 2022 as one of the worse years we have, if not for the good foundation and the strong belief of the early adopters the industry is still safe.
The only circumstances that we are going to crumble are if the blockchain concept can be destroyed or manipulated, it's the centralized entities that are wrong here not the blockchain concept.
Image: https://www.coingecko.com
What event do you think has the most impact on the cryptocurrency market in 2022?
The next year will be even more fun, because a lot of questions arise with the regulation of the crypto market. But there are also positive things that many companies that make the best computer games are starting to intergrate with popular blockchains.
Image: https://www.coingecko.com
What event do you think has the most impact on the cryptocurrency market in 2022?
The next year will be even more fun, because a lot of questions arise with the regulation of the crypto market. But there are also positive things that many companies that make the best computer games are starting to intergrate with popular blockchains.
Jump to: