Despite crypto winter, the industry is improving innovations and infrastructure

[Samyalson]

Yes, it's tough out there, but regardless of price, the industry as a whole is continuing to build and develop.

I take this as an indication that there's value in crypto, and that the major projects will not go to zero.

https://cryptomenow.com/coinbase-cto-crypto-winter-is-in-full-effect-for-price-but-innovation-is-flourishing/

[stuffokator]

Yes, it's tough out there, but regardless of price, the industry as a whole is continuing to build and develop.

I take this as an indication that there's value in crypto, and that the major projects will not go to zero.

https://cryptomenow.com/coinbase-cto-crypto-winter-is-in-full-effect-for-price-but-innovation-is-flourishing/

Of course, the crypto industry isn't dead. Those who think that everything related to crypto is just another ponzi scheme don't understand how blockchain technology really works. Yes, there are (and will be) scam projects which are based on crypto principles. But, on the other hand, there are a lot of scam projects involving fiat. So what? It's just how any industry functions in this world. Bad people always find new ways to trick trustful users.

Rising and falling share prices is the usual thing of a stock market game. Look how Apple stocks decreased this winter too. Does it mean that Apple is doomed?

After so many investments into crypto from companies around the world I don't believe there is a strong chance the whole industry will be multiplied by zero just because the bitcoin stock price didn't skyrocket to $100k. At this point it's all about speculations, in my opinion.

[aad140386]

I also think that the blockchain has a future. If the blockchain continues to evolve despite the crisis, it means it is viable. This is very important, because if something dies, then interest in it usually dies too. And here we see a drop in prices, but stable development over the entire time. After the current long fall, we should see a significant increase. It will be even more convincing after the blockchain is introduction into the real economy.

[dothebeats]

And that is a good thing IMO, seeing how lousy the markets had been for the past few months, it's great that services and organizations are creating their platforms and not just thinking of moon and reversals. They understand that development and innovation isn't restricted and limited by price, so they continue on working while a large chunk of us are doubting and always thinking when will the price go up.

[Julunguul]

For large-scale institutions and high-profile investors, it is crucial that cryptocurrencies as an asset class prove it is not a fad and a short-term trend. Every bear market strengthens the foundation of digital assets as an emerging asset class.

I just feel worried about things like this,and also what made me ask questions was how could bear market strengthens those thing, i didn't see any logical explanation about this thing. Because it has been more than a years since we hit an ATH and come right now by great bear market and no one get strengthen at this.

It's make me like

[hulla]

Firstly, crypto currency is the future of currency which is the reason why it will always have value, the sphere is broad and only the cryptoneirs who dont have the in depth knowledge about crypto currency will quit just because of the current down trend of the market. But, what most of the new build and develop project lack is the strategy of making their project bullish despite the down trend.

[BurgerCash]

There hasn't been a year in which people from this community haven't improved on what we've got as technology as infrastructure.
Price doesn't follow actual utility, use and technology, it comes in bubbles. But improvement is a much more linear process.

[Distinctin]

It won't be dead and it will keep developing. There are more and more people willing to work on it and look or more improvements

We couldn't be here and for it 10th year of existence if there is no support from the community. We came across the world and crypto have gathered a lot of its support. Even we struggled bad market but still devs from different coins still doing innovations that could help out from destructions. There huge support is helping us to stay and still alive.

[Jating]

Yes, it's tough out there, but regardless of price, the industry as a whole is continuing to build and develop.

I take this as an indication that there's value in crypto, and that the major projects will not go to zero.

https://cryptomenow.com/coinbase-cto-crypto-winter-is-in-full-effect-for-price-but-innovation-is-flourishing/

Definitely this industry will continue to flourish despite the worsening market conditions and the continues attack from governments and central bank. But if you go around, there's a lot of things going behind, like exchanges keeps popping despite the bear market

There might be a lot of ICO's as well that add's nothing, but I'm sure that we will see some who are legit and can offer a lot and help the society. And I'm sure we're going to survived in the next 10 years or so.

[tomahawk9]

It really shows that there's no point in being sad or dissapointed that the market seems to be in some sort of stagnation phase for the past few months, since there's so much potential in the crypto space with for prices to skyrocket in the long run.

And future looks bright for bitcoiners, I mean, like the article mentions, we have Taproot, but we also have Lightning Network, Schnorr, and many other features in development....Things look good for hodlers.

[pooya87]

And that is a good thing IMO, seeing how lousy the markets had been for the past few months, it's great that services and organizations are creating their platforms and not just thinking of moon and reversals. They understand that development and innovation isn't restricted and limited by price, so they continue on working while a large chunk of us are doubting and always thinking when will the price go up.

businesses have always been like that. of course there is always some of them that get hyped up like the newbies and fall for the pump and dumps of the altcoins, such as the "portfolio" and investment firms that started in 2017 and were closed due to bankruptcy in 2018. but real businesses with people who have half a brain are always starting up and building themselves no matter what the market is like. they take advantage the potential of those that have it such as bitcoin and become the giants of tomorrow.

[boyptc]

Major projects will not go to zero, yes I agree with that but let's just tackle about bitcoin as if those projects are also leaning on bitcoin's side. People won't see and notice the improvement of the industry.

Despite of too many allegations and making its reputation bad through FUDs and other negativities. Bitcoin along with the whole crypto market is just becoming good though we may not see it if we'll base to the prices each year.

[priselive]

Despite the prices, the cryptoindustrial is developing rapidly, I doubt that it is losing its members, on the contrary, the market decline, many newcomers are allowed to buy at the lowest possible price, which should be somewhat pleasing to them. It would seem that many factors affect the development of the market, but the cryptoindustry is developing all the time, a lot of coins, cryptobirth, news resources, as well as projects that use these miracle coins in their system are created, and it's great! This is a feat - to continue to stand on our feet now, under difficult circumstances.