Is it the end of cryptocurrency?

[erickkyut]

Please vote and tell us your reason why you chose that answer. TIA!

[talkbitcoin]

nothing is new in the current market. it is same as it has always been. bitcoin is being manipulated and is dropping lower, altcoins follow it down. and like always there are certain people who realize the trend of the market and go with the flow to make more money and some others who try resisting it and lose money.

in any case this can be both an opportunity and a way to burn your money. if you buy bitcoin in the dips while everyone else is worrying about the price you win.

[Sinone]

The weird question actually, bro what is happening now with cryptomarket it is natural or maybe one kind of habitual fact nothing is new after all. Please stop thinking or imagine that this is the ending of cryptocurrency but it is common nature and even this will change very soon.

[novikov433]

Well, if logically think that the United States is beginning to introduce cryptocurrency for state needs, then the fall is justified. I think that the reason for the fall is still an opportunity to determine the potential of cryptocurrency - the fact that the first has fallen, is unnecessary for anyone, the fact that it falls the longer it will have to be used further.
Usually against the background of a general decline, when everything is falling, the introduction of new technologies takes place, which means that the fall as such signals a full transition to the scrypt algorithm.
The introduction of blockchain 4 versions will just happen with the scrypt algorithm and it will all happen again.

[gabmen]

Well those three can't be the only possibilities why this is happening to the market in whole. I mean, yeah whale manipulation will always be a factor and who knows, maybe your second choice is on it's way but there could also be several other reasons for this. One thing i'm sure of is that this is far from being the end.

[VitKoyn]

We can never tell. We've seen a lot of decline, correction and crashes, etc on the price of Bitcoin from the past but still it recovered. I'm not saying that it will always go that way but it is still possible. Remember that when the price is low, there are people that will always buy and there are whales that will try to manipulate the market. It is just funny that a lot of people are saying that this is the end of Bitcoin while the price is still higher than the last 7 years.

[jimbo2000]

Yes, cryptocurrency is dead and has no use. Even though its usefulness is in no way tied to its price and that price is still much higher than just a few years ago. Not to mention that there aren't millions of people using cryptocurrencies with many new institutions making movements to enter the market. Given all that, Crypto is nearing its end.

[djangocoin]

No, why does everyone think it's all over when it's going down? it had a meteoric rise last year which was unsustainable and now it is correcting for that.. it is a highly speculative asset, but the tech is sound, and when it reaches new heights at a more manageable pace it will become less speculative, less manipulable, and more stable.

[xuan87]

The whale manipulation, the market conditions now is full of manipulation, but this is not the end of crypto,the price now is still better than few years ago, so it's still normal to see the price for now,and this also could be the chance to make more profit, so stop see Bitcoin from the negative side

[shield132]

If it was just a begining when price was some cents, if we couldn't imagine last year how bitcoin would pass 1000 usd barrier, then when we have it's price over 3000$, why is everything over? Also it's a time when bitcoin is popular compared to past and this popularity is caused by how people like crypto. Can't agree anyone who is on pesimistic mood currently, I would say just use this chance and buy it.

[tanvir232]

It was nothing but a whale manipulation. The same kind of crash happened a couple of time if you check the price history of bitcoin, even sometimes more percentage. then why it would be the end of cryptocurrency. Do you know someone has to eat his own dick in live? Therefore, it will barely be the end. Wait tight, the bubble is coming.

[itos84]

The end has happened so many times with so many crashes. Sadly if you don’t have a long term investment strategy you will lose money trying to cut losses and panic selling. It’s a better idea to invest (always what you can afford to lose) in a portfolio with BTC and other major altcoins and hold for long term. If you don’t want to wait 2-3 years to get a good return of investment then probably BTC is not for you. Remember that you obly lose when yif you sell.

[harizen]

Please vote and tell us your reason why you chose that answer. TIA!

I don't know how others just stating out of the blue that because of the current trend, is this the end now.

Maybe I should asked them first on why they are looking at the current situation as a reference that crypto will be end by now or maybe you can share your own view OP what's the purpose of this question.

Will wait for your answer and let's have a short discussion.

[figmentofmyass]

Please vote and tell us your reason why you chose that answer. TIA!

is this the end? no, of course not!

i saw this cycle of despair play out in 2014. i can see it much more clearly now that i've been through it before. the more people that think crypto is dead, the closer we are to the bottom. just give the market time.

even if BTC never surpasses $20k, it has legitimate use cases and a robust, secure network. as long as people can avoid third parties and censorship with bitcoin, there will be a niche for it.

by the way, i think the word you're looking for in your poll is "adoption" not "adaption".

[samson]

Of course it's not the end of crypto currency.

[UNOE]

Please vote and tell us your reason why you chose that answer. TIA!

is this the end? no, of course not!

i saw this cycle of despair play out in 2014. i can see it much more clearly now that i've been through it before. the more people that think crypto is dead, the closer we are to the bottom. just give the market time.

even if BTC never surpasses $20k, it has legitimate use cases and a robust, secure network. as long as people can avoid third parties and censorship with bitcoin, there will be a niche for it.

by the way, i think the word you're looking for in your poll is "adoption" not "adaption".

I agree with you, cryptocurrencies just started their path to massive adoption. Blockchain technology can not go away. Blockchain technology will be usual thing in few decades or less.

[Fulmand]

No, why does everyone think it's all over when it's going down? it had a meteoric rise last year which was unsustainable and now it is correcting for that.. it is a highly speculative asset, but the tech is sound, and when it reaches new heights at a more manageable pace it will become less speculative, less manipulable, and more stable.

If the speculations remain redundant and obviously driven out by manipulators, not all holders and investors will feel that way that cryptocurrency will end. After seeing price go down, new buyer will come and buy their asset and hold for good. They don't care whether it will end or continue. It's more like betting with a gambling games you don't know exactly what's the endpoint, but winning is the first motive just like with crypto.

[bintangkejoraku]

this is just a game done by people who have a lot of bitcoin. take it easy, this situation will end and bitcoin will recover soon.
Don't panic, you just need a little patience 

[elloco4ever]

Losing hope so soon? Crypto is all about patience. I agree the price manipulation has buried the market but it will not be the same. Blockchain technology towards stepping stone and gaining more popularity in the world, a lot of coins are upcoming in few days. Just change the topic as how valuable it is going to be.

[sheenaedago]

Losing hope so soon? Crypto is all about patience. I agree the price manipulation has buried the market but it will not be the same. Blockchain technology towards stepping stone and gaining more popularity in the world, a lot of coins are upcoming in few days. Just change the topic as how valuable it is going to be.

  I keep my positive motivation, so I can't attacged by the fraud news. And only patience is my weapon to acknowledge success in dealing at this risky bearishness. And so I believe that cryptocurrency will never end as long as bitcoin still fighting against dropping and keep moving constantly.