Crypto Armageddon?

[SteveDB]

Are you leaving the market?

[SwissTeslaBull]

Because it’s at levels of… 2 months ago? No

[Lumo]

Time to get the h*ll out?

Hi guys, (Social) Media seems to be trying to convince us that this time is different, crypto now has a lot of utilities, smart contracts, NFTs, corporate holders, blablabla, but the fact is that once someone fires the shot, I think everyone will run to the door, because, like me, probs 99% of the people buying are only looking for a quick profit and not really benefiting from the value the coin/token might provide. Do you think this bubble will burst just like in late 2017, or that we will ke…

@SwissTeslaBull

Because it’s at levels of… 2 months ago? No

no, because it broke the support of 2 months ago and is on the way to the support of 4 months ago and who knows where after that

[San_Francisco]

@SwissTeslaBull

Because it’s at levels of… 2 months ago? No

There’s recent history of market crashes where it feel much lower than „levels two months ago“.

[Oliv]

When in doubt, zoom out:

I know it is scary and painful, but unless you put your money on Doge and Co. Instead of btc and eth, you should be fine.

[Bojack]

Please, we already have too many threads.

Cryptocurrencies

Hoi Ladies & Gents, Do you buy any cryptocurrencies? Or do you do any other alternative investments? PS. If you planning to buy some crypto, it seems that now is a good moment:

Future of Bitcoin

Sounds plausible enough, and the pessimist in me definitely agrees. Let’s hope I’m wrong! I don’t know… I certainly don’t see BTC staying around for the next two decades because it has substantial flaws in its protocol (see next paragraph). As for other crypto I don’t really see it happening because a) I doubt people in power will want to give up the possibilities fiscal policy allows for and b) the natural way of crypto is ‘screw up and there’s no going back’ might is too scary for many peop…

Time to get the h*ll out?

Hi guys, (Social) Media seems to be trying to convince us that this time is different, crypto now has a lot of utilities, smart contracts, NFTs, corporate holders, blablabla, but the fact is that once someone fires the shot, I think everyone will run to the door, because, like me, probs 99% of the people buying are only looking for a quick profit and not really benefiting from the value the coin/token might provide. Do you think this bubble will burst just like in late 2017, or that we will ke…