Topic: Will Crypto survive? (Read 911 times)
Many people told me that Bitcoin will not last long, but Bitcoin has never been updated and has always been the same from the beginning to the end, which is also the most fascinating thing. He is the father of cryptocurrency, which cannot be shaken and will not disappear.
Cryptocurrencies are sure to survive. Volatility is common in the crypto industry and cryptocurrencies are a little stronger. Volatility is a normal part of cryptocurrencies, and despite the downturn in the market, it is still a development. You can buy as many accumulation assets as possible, prepare for the bull market season, and wait patiently for the return of high profits when the market recovers.
Recently, Bitcoin has been trading sideways. I know that it may resume its rise and reach a new high. I always believe that Bitcoin will rebound and hold it for a long time. I believe in Bitcoin!
I think there will always be a place for crypto, not because it's too big to fail, but more because of what it brings in technology-wise, even through these ups and down that we have witnessed in the last 10 years (and I'm not thinking on the price here).
FTX went bankrupt because of their own improper supervision, which will make other projects pay more attention to their own problems, and from this we can see the strength of Bitcoin.
After almost 9 years of playing around with bitcoin and cryptos I have nearly seen it all.
The Fall of Mt. Gox was all the rage, the crypto markets collapsed for years, and yet, it seemed like there was just so much more potential during that time, so much excitement and shilling...
The markets collapsed, but the communities were strong.
Now seems different...
The crypto winter kicked off and the first casualty was Luna... 6 months later we watched Ftx collapse, and now many "Trustworthy" and "Safe" exchanges are playing games with user funds due to the mismanagement of assets and too much exposure to Ftx.
What happens next?
Did too many people get burned too bad this time?
Is the negative outlook too much now?
I worry that this may be the beginning of the end to many long lasting projects and potentially bitcoin itself... This crypto winter has at least another year to run its course and we are still watching the FTX fallout unravel.
It's some tough times, indeed... All the bags of worthless tokens that were once projects of potential.
Anyone out there have words of encouragement regarding the future of crypto? Anything the future holds to look forward to?
The Fall of Mt. Gox was all the rage, the crypto markets collapsed for years, and yet, it seemed like there was just so much more potential during that time, so much excitement and shilling...
The markets collapsed, but the communities were strong.
Now seems different...
The crypto winter kicked off and the first casualty was Luna... 6 months later we watched Ftx collapse, and now many "Trustworthy" and "Safe" exchanges are playing games with user funds due to the mismanagement of assets and too much exposure to Ftx.
What happens next?
Did too many people get burned too bad this time?
Is the negative outlook too much now?
I worry that this may be the beginning of the end to many long lasting projects and potentially bitcoin itself... This crypto winter has at least another year to run its course and we are still watching the FTX fallout unravel.
It's some tough times, indeed... All the bags of worthless tokens that were once projects of potential.
Anyone out there have words of encouragement regarding the future of crypto? Anything the future holds to look forward to?
valuable project I know of only one and it's called Bitcoin, for the rest they are projects created only for speculative purposes. I myself got hurt with LUNA and from that day on my thoughts towards altcoins have been completely distorted, now you can no longer trust even strong communities, we will never know what secret jobs the creators of a particular crypto do . this time the markets have not only collapsed but they have also lost the enthusiasm that revolved around crypto, many people got hurt by losing huge amounts of dollars, other people will walk away and the recovery of the market will be very slow.
"Cryptocurrencies" are here to stay. While many popular altcoins die, there are many new ones that emerge. There are still many currencies in cryptocurrencies, and many of them have no value. The announcement of the "death" of a certain coin in the altcoin will indeed affect the trend of Bitcoin, but it will not affect the fundamentals of Bitcoin. Because Bitcoin is the backbone.
I also lost a lot of money on altcoin this year. I will only hold bitcoin in the future.
After almost 9 years of playing around with bitcoin and cryptos I have nearly seen it all.
The Fall of Mt. Gox was all the rage, the crypto markets collapsed for years, and yet, it seemed like there was just so much more potential during that time, so much excitement and shilling...
The markets collapsed, but the communities were strong.
Now seems different...
The crypto winter kicked off and the first casualty was Luna... 6 months later we watched Ftx collapse, and now many "Trustworthy" and "Safe" exchanges are playing games with user funds due to the mismanagement of assets and too much exposure to Ftx.
What happens next?
Did too many people get burned too bad this time?
Is the negative outlook too much now?
I worry that this may be the beginning of the end to many long lasting projects and potentially bitcoin itself... This crypto winter has at least another year to run its course and we are still watching the FTX fallout unravel.
It's some tough times, indeed... All the bags of worthless tokens that were once projects of potential.
Anyone out there have words of encouragement regarding the future of crypto? Anything the future holds to look forward to?
The Fall of Mt. Gox was all the rage, the crypto markets collapsed for years, and yet, it seemed like there was just so much more potential during that time, so much excitement and shilling...
The markets collapsed, but the communities were strong.
Now seems different...
The crypto winter kicked off and the first casualty was Luna... 6 months later we watched Ftx collapse, and now many "Trustworthy" and "Safe" exchanges are playing games with user funds due to the mismanagement of assets and too much exposure to Ftx.
What happens next?
Did too many people get burned too bad this time?
Is the negative outlook too much now?
I worry that this may be the beginning of the end to many long lasting projects and potentially bitcoin itself... This crypto winter has at least another year to run its course and we are still watching the FTX fallout unravel.
It's some tough times, indeed... All the bags of worthless tokens that were once projects of potential.
Anyone out there have words of encouragement regarding the future of crypto? Anything the future holds to look forward to?
sure .... luna was nothing . BTC is the only crypto
After almost 9 years of playing around with bitcoin and cryptos I have nearly seen it all.
The Fall of Mt. Gox was all the rage, the crypto markets collapsed for years, and yet, it seemed like there was just so much more potential during that time, so much excitement and shilling...
The markets collapsed, but the communities were strong.
Now seems different...
The crypto winter kicked off and the first casualty was Luna... 6 months later we watched Ftx collapse, and now many "Trustworthy" and "Safe" exchanges are playing games with user funds due to the mismanagement of assets and too much exposure to Ftx.
What happens next?
Did too many people get burned too bad this time?
Is the negative outlook too much now?
I worry that this may be the beginning of the end to many long lasting projects and potentially bitcoin itself... This crypto winter has at least another year to run its course and we are still watching the FTX fallout unravel.
It's some tough times, indeed... All the bags of worthless tokens that were once projects of potential.
Anyone out there have words of encouragement regarding the future of crypto? Anything the future holds to look forward to?
It may take a while before people realize that the best time to build investments and more projects in this industry is during times like these. The market won't go up if we don't do anything about the situation basically. But I am really hopeful that someday, at least in the foreseeable future more and more people realize that this is the case with everything that concerns the cryptocurrency market. Also hoping that the much-anticipated global adoption commences a little bit earlier so as to make sure that at the very least we all get to enjoy the fruits of all our toil and labor. Cryptocurrency market is looking really bleak right now but as with the other bear markets in the past, this too shall pass. The Fall of Mt. Gox was all the rage, the crypto markets collapsed for years, and yet, it seemed like there was just so much more potential during that time, so much excitement and shilling...
The markets collapsed, but the communities were strong.
Now seems different...
The crypto winter kicked off and the first casualty was Luna... 6 months later we watched Ftx collapse, and now many "Trustworthy" and "Safe" exchanges are playing games with user funds due to the mismanagement of assets and too much exposure to Ftx.
What happens next?
Did too many people get burned too bad this time?
Is the negative outlook too much now?
I worry that this may be the beginning of the end to many long lasting projects and potentially bitcoin itself... This crypto winter has at least another year to run its course and we are still watching the FTX fallout unravel.
It's some tough times, indeed... All the bags of worthless tokens that were once projects of potential.
Anyone out there have words of encouragement regarding the future of crypto? Anything the future holds to look forward to?
Anyone out there have words of encouragement regarding the future of crypto? Anything the future holds to look forward to?
What to look forward to?Of course, everyone is looking forward to a booming market in the green zone or a bull run and profitable returns to repay investors' long patience.
Of course, those who fall into crypto have hope like that, it's what they yearn for, they have a glimmer of hope in a market like this, but this is why people who are patient in bearish situations are usually the ones who actually get good returns, and that's the motivation that many people have.
Those who bought before the market crash in early 2023 will be desperate today, but when they sell what they bought back then, they will surely lose out.
The hold is the best option at this time than selling at a big loss.
Tbh, I totally agree with Savannah99. Crypto is the future though it's already become our present. Bitcoin is a long-term game, so it will always go up and down. According to these crypto signals, it's about to go up soon, and I really hope so. You know, I invested a lot of money in it in 2020. Still, I try not to keep all the eggs in one basket, so I've also invested in ETH and LTC. Btw, guys, what other cryptocurrencies you've invested in besides Bitcoin? I'll be waiting for your replies.
There should not be any argument over this I think because it has always been a rift raft affairs onset from Bitcoin inception. When Bitcoin was invented by Satoshi Nakamoto years past, there has been castigations are counter argument over the existence and longevity of Bitcoin but here we are today Bitcoin has led and paved way for other Crypto currencies to emanate. So the question as asked look more of a joke rather because I see no reason why Crypto would not survive. Currently, nation's have started adopting Bitcoin and some Cryptos as a legal tender and to the point of them build their own blockchain and native Crypto currency. Some already launched theirs while others are working on theirs.
Anyone out there have words of encouragement regarding the future of crypto? Anything the future holds to look forward to?
I have nothing to extend because everything had been told above , but like many I want you to realized that after 13 years of existence , look at crypto , still moving forward and growing so asking if this will survive? we already saw the Pandemic of Covid 19 , does this make sense to crypto market?i think the answer is no so if crypto will survive it already does and will continue surviving .
Or Will Winter Last Forever? 
nor summer ? crypto will survive forever that is one sure thing even with government intimidation .
Or Will Winter Last Forever?
What I have learned is that no currency is safe, the currency that I think will live forever is bitcoin, because it has a lot to offer and for me it will be the money of the future and there is no other currency that can compete with it.
I have no idea how many cryptocurrencies there are in the world, but there are many and none of them have good economic support, what goes down and falls, the creators leave with what they can sell of what they used and they sell them however, what matters for They want to make a profit, that's what scares me, but with bitcoin it's very difficult for something like this to happen, bitcoin is gaining a lot of strength and they get more and more to earn with bitcoin.
I have no idea how many cryptocurrencies there are in the world, but there are many and none of them have good economic support, what goes down and falls, the creators leave with what they can sell of what they used and they sell them however, what matters for They want to make a profit, that's what scares me, but with bitcoin it's very difficult for something like this to happen, bitcoin is gaining a lot of strength and they get more and more to earn with bitcoin.
i think only bitcoin will survive because the centralisation is very bad for the liberty.
People who say crypto won't survive are just people who lose money while trading their coins. They regret their own decisions and try to scare others.
Look at the people who got profit from cryptocurrencies; they just quiet. Some of them keep spreading positive things. And I'd rather say cryptocurrencies will survive.
14 years of existence can be said to be a period of time that is not long but not short either. Yes, crypto has been around for the past 14 years and has been through terrible things too but in the end it's all here with us. So I don't see any reason why we should stop just because of the collapse of a tiny exchange. FTX is not the center of the market and many losers leaving the market does not mean the market will be empty. Hashrate is still hitting records every day, bitcoin wallet holdings are still increasing daily, how can it be said that the market is dying. Look at the people who got profit from cryptocurrencies; they just quiet. Some of them keep spreading positive things. And I'd rather say cryptocurrencies will survive.
I actually see more positive things in crypto after many exchanges have collapsed due to mismanagement of user funds by exchange owners. because in the end there will be fewer people who cheat and what will survive is an honest managed exchange.
one of the positive impacts after the bankruptcy from FTX was the effort made by each exchange to be more transparent to its users. so that we as users can now see and monitor or oversee the flow of funds stored on the exchange. all exchanges have now endeavored to become more trustworthy exchanges. proof of asset reserves to be more transparent. Increasing security related to user funds is an important point in the progress itself.
but still, that doesn't mean we have to trust the exchange 100% by storing our assets there. no, we still shouldn't entrust our assets to the exchange. if it's our long-term savings asset, then keeping it in a personal wallet is better.
The problem is that they are like hydra, cut of one head two shall take its place. Which means while FTX could be gone right now, there could be two new ones who are growing that will turn out to be a scam later on.one of the positive impacts after the bankruptcy from FTX was the effort made by each exchange to be more transparent to its users. so that we as users can now see and monitor or oversee the flow of funds stored on the exchange. all exchanges have now endeavored to become more trustworthy exchanges. proof of asset reserves to be more transparent. Increasing security related to user funds is an important point in the progress itself.
but still, that doesn't mean we have to trust the exchange 100% by storing our assets there. no, we still shouldn't entrust our assets to the exchange. if it's our long-term savings asset, then keeping it in a personal wallet is better.
We have seen plenty of exit scams and exchange problems all through the history of crypto, which means that there is a chance it may never end. I am not saying that it will never end for sure, maybe it will end but from the looks of it they have no intention of ending it at all. Which is why I believe that we shouldn't be really expecting this to slow down anytime soon. Maybe tomorrow there will be a whole another one, we may never know.
and the problem of fraudsters, then it will indeed be difficult to get rid of. even if all exchanges have used Proof of reserve. still a fraudster will look for loopholes in the system.
Yup definitely. The fastest way to send, earn, acquire, accumulate money. You can invest as little as $1 and you will get better yields compared to banks.
Cryptocurrency I think is the most stable business in the market. Consider this a go to place for people who wants to invest and get better returns of their money rather in banks. In a year you barely get 5% annual rewards from investing or depositing your money. Unlike in crypto. you can choose to stake, deposit, trade and get higher APY yields. Imagine every year more users are signing up in every exchange in crypto market and we are not talking about just 1 exchange here. Mainly because crypto is where “money” is. You can see how many people are into crypto and will be into crypto in the next decades in 1 exchange alone...
Cryptocurrency I think is the most stable business in the market. Consider this a go to place for people who wants to invest and get better returns of their money rather in banks. In a year you barely get 5% annual rewards from investing or depositing your money. Unlike in crypto. you can choose to stake, deposit, trade and get higher APY yields. Imagine every year more users are signing up in every exchange in crypto market and we are not talking about just 1 exchange here. Mainly because crypto is where “money” is. You can see how many people are into crypto and will be into crypto in the next decades in 1 exchange alone...
Jump to: