Anyone have good arguments as to why crypto isn’t dead?

likefunny
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Governments, Fortune 500 companies, etc. are all investing in it lol like what

Central banks are launching CBDC pilot programs - wake up, this industry isn’t going anywhere

likefunny

Yep, CBDC’s will be branded as the “good” cryptocurrency

All of this FTX nonsense, other exchanges going insolvent, people losing money, etc will be used to paint all of crypto under a “bad” light

Which, in turn makes for an easier “hero” complex government to introduce CBDC’s - the average person will be clueless that this currency will be programmable and can be tracked

It is quite ironic, but will be our reality soon

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Do you know why a dollar is sometimes called a buck? It’s because at one time one buckskin = a dollar. Dollars are a made up currency. The US dollar didn’t even exist 300 years ago.

All modern currency is made up. If enough people use any currency it becomes significant monetarily.

This is the fits and starts phase of crypto, but there are a lot of good ideas in the crypto world that corporations and individuals can see benefits from.

Idk how it will pan out, but I take profits when I can and never invest more than I can lose.

I am still in it because Bitcoin has crashed many times and come back to life again and again. Enough people believe in it that it’s never going to go away unless you know nuclear winter or another Carrington event.

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Absolutely agree with you, cryptocurrencies is overestimated at this moment but in future definitely will go higher then today.

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Here’s a reason on why it’s not going anywhere

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https://99bitcoins.com/bitcoin-obituaries/

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The general public continues to confuse the durability of crypto companies with decentralized networks

likesmart

The blockchains themselves mostly work just fine

Regardless of what the price is

Exchanges may fail, lending platforms may fail, Paul Krugman may write an op ed calling everyone who's ever touched a blockchain a hooligan, but blockchains are very robust and chug along regardless.

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Greater fool theory

likesmart

The whole financial market is down! Why do people always act like it is just crypto?!
Gullible humans!
The financial market and inflation keeps eating away at your finances but you want to talk about our only way out of the trap.
Even with the crisis, I still make decent profit day trading/swing trading. Some tokens are actually bullish and you could make profit scalping.
Stop insulting crypto!!!

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Why are we yelling?

likefunny

Nah it’s dead

funny

Uhhhhh. Sell me yours

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The world has the collective memory of a goldfish and gambling is addicting. We will continue to have bull run cycles until one day we wake up and some of this tech actually makes a difference in the world.

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Drugs… people use crypto to buy drugs online… cartel use crypto to move money…

funny

Before crypto exist, people buy drugs with cash too😅

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The world needs bitcoin before the house of cards comes crashing down with no plan B in place.

Yeah, someone on Twitter that fled from Ukraine was talking about how all they had left was their crypto wallet. All of their Ukraine based bank accounts stopped working after the war. I hope that’s been resolved, but it’s added security to me to have a crypto wallet.

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Cryptos dead. Time to go home and die along with it.

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Blockchain. But crypto is having its dot com moment

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What do you think the conversations are like for institutions/countries? Will they ever panic sell?

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Bye bye bitcoin. Please don’t come back to our lives until there is a legit use case for your technology (no, money laundering doesn’t count)

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Anybody else in GRT?

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How often do you guys take profits systematically and how much? Or do you just take profits at variable times when you think something might tank soon

Damn xrp. I want to buy but should i wait for a dip again first?

Any thoughts on siacoin? Just gone thru the white paper and planning to buy for a good amount..

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Anybody else have ETH transactions still pending from last week?

Would you all say you’re invested in good projects if the market cap remains the same recently, but your portfolio keeps going up and up? Or is that dumb logic.

where’s that dude that was posting charting and short trading advice 😂😂😂

likefunny

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Damn people just lost ALOT of money in the past 2 days. RIP

Not sure how one sleeps if this is true.

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DAE feel like this is just a dot com boom + penny stock markets mixed together?

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Just joined this bowl.. looking to throw 3K into crypto then dollar cost avg, recommendations on allocation %?

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Doge Baby Doge !!! 😍

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