Crypto is here to stay.

[Liz Truss]

Despite all of the drama with FTX:

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

[shinratensei_]

Despite all of the drama with FTX:

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

Despite so many good news that have come to the crypto but none of these news were creating the hype. The bad news were still dominating the crypto market. I think that the latest news came from the genesis has been ruining the crypto market again, lending platform keeps halting user's money. This may make people starting to distrust the crypto market. I thought that if the trust will not come easily to the crypto market again. The bad news has been dominating everything.
Bitcoin is not so strong to handle it. It's not easy to attract the billions dollars that have been going away from the cryptocurrency.

[o48o]

Despite so many good news that have come to the crypto but none of these news were creating the hype. The bad news were still dominating the crypto market. I think that the latest news came from the genesis has been ruining the crypto market again, lending platform keeps halting user's money. This may make people starting to distrust the crypto market. I thought that if the trust will not come easily to the crypto market again. The bad news has been dominating everything.
Bitcoin is not so strong to handle it. It's not easy to attract the billions dollars that have been going away from the cryptocurrency.

But that's what happens in a bear market. Things take time to turn around and to get people trusting markets again isn't one week job. It could take a year and many people will quit at the bottom. This is something we have seen many times, but as it's happening on bigger and bigger scale EVERYONE is seeing it. And from what i pick up at reddit and different forums, public still don't get it. They think because it''s ponzi, and because FTX was ponzi. And they are happy it happened to "annoying" crypto people and i totally understand the bitterness. They don't even get that most of us are cynics too, they think we are all moonbois and libertarians and make articles like this. But that's their loss.



And OP right, big businesses understand that crypto is volatile and probably now are buying projects that they see solid and important, not just hype.

[abel1337]

Despite so many good news that have come to the crypto but none of these news were creating the hype. The bad news were still dominating the crypto market. I think that the latest news came from the genesis has been ruining the crypto market again, lending platform keeps halting user's money. This may make people starting to distrust the crypto market. I thought that if the trust will not come easily to the crypto market again. The bad news has been dominating everything.
Bitcoin is not so strong to handle it. It's not easy to attract the billions dollars that have been going away from the cryptocurrency.

But that's what happens in a bear market. Things take time to turn around and to get people trusting markets again isn't one week job. It could take a year and many people will quit at the bottom. This is something we have seen many times, but as it's happening on bigger and bigger scale EVERYONE is seeing it. And from what i pick up at reddit and different forums, public still don't get it. They think because it''s ponzi, and because FTX was ponzi. And they are happy it happened to "annoying" crypto people and i totally understand the bitterness. They don't even get that most of us are cynics too, they think we are all moonbois and libertarians and make articles like this. But that's their loss.



And OP right, big businesses understand that crypto is volatile and probably now are buying projects that they see solid and important, not just hype.

Well yes, The events are just repeating and the distrust keeps happening every market cycle and on the bear market specifically. There are a lot of FUDs, Bad news, and other type of negative things about crypto that makes the market collapse. We've been there a couple of times already and for me, I've expected this kind of scenario which bad events will come consecutively. Other people opinions are just a mediocore comments of people caught the bear market and lose some money. Comments like that are inevitable. All we can do now is to accumulate and do the right thing to prepare for the next bull market. 

[Blowon]

Despite so many good news that have come to the crypto but none of these news were creating the hype. The bad news were still dominating the crypto market. I think that the latest news came from the genesis has been ruining the crypto market again, lending platform keeps halting user's money. This may make people starting to distrust the crypto market. I thought that if the trust will not come easily to the crypto market again. The bad news has been dominating everything.
Bitcoin is not so strong to handle it. It's not easy to attract the billions dollars that have been going away from the cryptocurrency.

But that's what happens in a bear market. Things take time to turn around and to get people trusting markets again isn't one week job. It could take a year and many people will quit at the bottom. This is something we have seen many times, but as it's happening on bigger and bigger scale EVERYONE is seeing it. And from what i pick up at reddit and different forums, public still don't get it. They think because it''s ponzi, and because FTX was ponzi. And they are happy it happened to "annoying" crypto people and i totally understand the bitterness. They don't even get that most of us are cynics too, they think we are all moonbois and libertarians and make articles like this. But that's their loss.



And OP right, big businesses understand that crypto is volatile and probably now are buying projects that they see solid and important, not just hype.

Well yes, The events are just repeating and the distrust keeps happening every market cycle and on the bear market specifically. There are a lot of FUDs, Bad news, and other type of negative things about crypto that makes the market collapse. We've been there a couple of times already and for me, I've expected this kind of scenario which bad events will come consecutively. Other people opinions are just a mediocore comments of people caught the bear market and lose some money. Comments like that are inevitable. All we can do now is to accumulate and do the right thing to prepare for the next bull market. 

well this scenario often happens when the market is not healthy , I remember in 2018 there was a lot of bad news about the crypto market, and when entering in 2021 there was a lot of news praising crypto , because bitcoin scored ATH again, and many shouted that crypto is the future, and we'll see how they react now

[Blawpaw]

Despite all of the drama with FTX:

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

Gentleman, adoption is starting to lift off!


Despite several unfortunate news along the years it is fantastic to see that Bitcoin is still conquering. Yes, big companies are starting to get in and more are bound to come.
Latest great news as to do with Shell saying it is developing new mining energy solutions for Bitcoin, which is huge news.

[jossiel]

There's no other way to go but crypto surely is here to stay. But it doesn't mean that every crypto is going to stay.

The best is here to stay and obviously bitcoin will remain to be the leader of this market and then, the rest of the altcoins who's also being developed very well will also stay.

[Baofeng]

Despite all of the drama with FTX:

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

Gentleman, adoption is starting to lift off!


Despite several unfortunate news along the years it is fantastic to see that Bitcoin is still conquering. Yes, big companies are starting to get in and more are bound to come.
Latest great news as to do with Shell saying it is developing new mining energy solutions for Bitcoin, which is huge news.

Bitcoin yes, it's hard to stop it even if we are in a bear market.

Altcoins? not all of them, maybe the top 20 coins might survived, but the rest, they could have died in this crypto winter that we are in right now. Specially on how big the FTX collapse affects us all.

And as we unravel more and more companies and 3rd parties, it might take some time for us to recover.

Nevertheless, crypto will still be here to matter what and we all wait for the next bull run.

[Luffygroove]

Some people who don't jump in just for money still believe that blockchain and its cryptocurrency are the future. They believe this technology could actually help human beings in the real world. Although there are so many loops that need to be fixed, people are informed that both are still new and this is the time for exploration. We have not yet reached a mature era. This bear season exists to clean up projects that are no longer viable. The crypto world is so dynamic, and although we're in a bear market now with depressing news, there will always be good news too. That is what keeps this field alive.

[harizen]

Despite all of the drama with FTX:

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

Since bitcoin's inception, how many times did we see some bad news to consider, and yet crypto is still here and going strong? Different news already triggered a bearish trend but still, crypto is just moving forward. Bitcoin's bottom price today is considered a dream price before, therefore, just believed.

The FTX drama will be part of history but it's something that can be the main cause of the biggest crypto crash.

Just go with the flow.

[GreatArkansas]

People must also look on the bright side or positive side because there is a lot of innovation right now that is in cryptocurrency, these negative news or incidents happening on cryptocurrency right now seems to be given along the way.
For me, there is always a lot of positive news and innovation happening and coming to cryptocurrency compare to negative events, so we must be positive always. Take those negative events as lessons as we go along.

[Juwel580]

Many people are scared because the price of btc is going down is crypto 2 dying or many more questions in mind but i say wait a bit see btc price was 20-25 thousand dollars in 2017-18 but in 2021 you will see 70 thousand dollars  arrived by  It started going down again in 2022 and still going down now it's going up and down between 16-17-18 thousand but this winter time it will be like that at the end of winter if you see this btc price will be above 30 thousand in mid 2023 I think not everyone is broke  Thanks for reading.

[Kemarit]

Despite all of the drama with FTX:

This is just part of the whole equation, and I doubt that it will have a long last effect on the market.

And mind you, crypto or at least bitcoin has been dead many times and yet it still continue to thrives.

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

Just so happen that this positive news has been overshadowed lately by the FTX collapsed. And still the market is around $16,500 per BTC. But as I have said, there's no need to panic as we will eventually bounce back. Crypto definitely will remain, it's one of the biggest assets of the financial world and it's too big too fall, in my opinion.

[vv181]

Despite so many good news that have come to the crypto but none of these news were creating the hype. The bad news were still dominating the crypto market. I think that the latest news came from the genesis has been ruining the crypto market again, lending platform keeps halting user's money. This may make people starting to distrust the crypto market. I thought that if the trust will not come easily to the crypto market again. The bad news has been dominating everything.
Bitcoin is not so strong to handle it. It's not easy to attract the billions dollars that have been going away from the cryptocurrency.

But that's what happens in a bear market. Things take time to turn around and to get people trusting markets again isn't one week job. It could take a year and many people will quit at the bottom. This is something we have seen many times, but as it's happening on bigger and bigger scale EVERYONE is seeing it. And from what i pick up at reddit and different forums, public still don't get it. They think because it''s ponzi, and because FTX was ponzi. And they are happy it happened to "annoying" crypto people and i totally understand the bitterness. They don't even get that most of us are cynics too, they think we are all moonbois and libertarians and make articles like this. But that's their loss.

~

And OP right, big businesses understand that crypto is volatile and probably now are buying projects that they see solid and important, not just hype.

That is the thing! People judge by the sensational news of the FTX cascade, and in consequence, they perceive the whole ecosystem is damned. Bitcoin obituaries have been spread many times, and right now they gotta fills the number again. It is a seasonal thing of a bull and bear market, and this time won't be the last time. Cryptocurrencies have gained a tremendous amount of impression over this year and last year, yet, it won't stop just right here.

Those media are just playing a clickbaity title while it is still hot, and fulfilling the ego of crypto doubters.

[cryptoaddictchie]

Crypto will never fade. Unless someone invent something works like a blockchain but can be accepted by government with its decentralized mechanism.

People might get scared with the events happening but thats normal and not all have a chance to survive a bear market and recession state which will totally affect the overall market. There are cases like this which is unavoidable due to human error and overly confident on managing funds. But crypto will definitely be here for a longer time.

[coin-investor]

Despite all of the drama with FTX:

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

I have seen this a hundred times and there are much worse than this, every time something like this happens all we have to do is to visit Bitcoin Obituaries and see and looked back at the worse scenarios Bitcoin have encountered so far there are already 466 articles that Bitcoin has died and I guess many more are coming

In 13 years Bitcoin which is the father of Cryptocurrency, it has weathered the storm 2017 is the year that we recorded the number of times Bitcoin died.

[Questat]

Crypto will rise after a tragic price dump. Those who can afford to wait will get rewards, I'm not sure what will happen to those who left early and sell their coins.

I invest in crypto today believing that someday it make me happy, earning a profit. I've heard a lot of negative news, FUDs, market issues, etc. Might be a big deal for others but for me, it was just how the market looks like and it cost market volatility. If we are investing crypto, make it sure that we are ready enough to face this difficult times.

[fzkto]

Despite all of the drama with FTX:

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

In fact, support for Google pay and Apple pay has been integrated with cryptocurrency for a long time, and usdc is just a new coin that will be supported for payment. But it's still good news, especially when there's only negativity and panic everywhere. As for cryptocurrencies being with us for the long, there is no doubt about that. We are lucky to have witnessed the emergence of this unique phenomenon. I don't think there will be anything like it for a long time to come.

[Ayers]

Bitcoin's bottom price today is considered a dream price before, therefore, just believed.

I believe a lot of people have forgotten about this, it's all just looking down from above, from $69k looking down. But if we look from 2009 to now, at the current price of bitcoin, I can say it's a success that no other asset class can match. We have seen Mt.gox crash before and bitcoin passed after that, I believe that FTX will also be like Mt.gox unable to stop bitcoin's momentum. Everything remains the same, bitcoin will still grow and increase in price over time if we zoom out.

[eightdots]

There are countless news stories about Bitcoin that I remember. If I look at the positive and negative, the negative ones are more. At this point, they can only slow down Bitcoin, but they cannot prevent it from going to its destination. I am very comfortable with this. Yes, some news came out as a result of really big events. Some news pulled Bitcoin back for a long time. However, judging by the result, Bitcoin always continued on its way.

[Jackl87]

Despite all of the drama with FTX:
-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

I am also pretty sure by now that the whole crypto topic is not just one of those trends that is only a hot topic for a few years and then slowly but surely fades away into meaninglessness. I first joined the crypto space back in 2017 and even though we are now deep in a bear market and might fall to even way lower price levels in comparison to now it is still true that the crypto market is now way more mature than a few years ago. Nowadays it is nothing special anymore when a big company, a celebrity or a website is mentioning a crypto project. Back in 2017 a simple mention of an altcoin in a big media was enough to make it pump, nowadays it is absolutely normal.

[o48o]

That is the thing! People judge by the sensational news of the FTX cascade, and in consequence, they perceive the whole ecosystem is damned. Bitcoin obituaries have been spread many times, and right now they gotta fills the number again. It is a seasonal thing of a bull and bear market, and this time won't be the last time. Cryptocurrencies have gained a tremendous amount of impression over this year and last year, yet, it won't stop just right here.

Those media are just playing a clickbaity title while it is still hot, and fulfilling the ego of crypto doubters.

Well to be fair there's no shortage of sensational news in crypto. Missing one week of crypto twitter is like i have been away for months. But all the hacks, exploits and hacks, exit scams and pyramid scams, drug related silk road like busts, celebrity endorsements, and having wild eccentric weird characters like McAffee. Block size battles and all the tribalistic fighting between communities. Scamming idiots with crypto jargon and pretending to be satoshi...

This is a very weird time and weird place to be.

And while part about communism on that "crypto is now dead" article i gave is pretty much spot on i still see though it and ton of potential in this scene. I am very much buying right now.

[Bananington]

Crypto is here to stay.

All the current sad events happening and that have happened are making cryptocurrency stronger and the system better, we are learning from all the experiences. So yes crypto is here to stay. Since crypto has survived through these events so far, it is an indication of something that will last long term. If it was not a long term thingy, crypto would have been a failed or failing project generally by now.

[Flexystar]

That’s where Apple like companies are making strategies behind their Cool offices. Now I am thinking that it could be best time to enter the market since it’s cheapest one, costs are reduced and people have lot of investment laying around which they could use through well known apps like Apple Pay. They will definitely benefit from this move. And hey, no one really cares whether the market is bearish and bill unless and until it’s all of the crypto usage.

Like I literally got no chills after seeing the market crash. I am just hodling the way I did it last year and before that year. It’s all same for me.

If markets bearish, let’s stand and not sell off anything; what do we have to loose ? May be time?

What would you do after the market is recovered and you have nothing to trade for higher prices? That’s how big players might be thinking and that’s why they get success quickly.

Plan it!

[Sterbens]

Crypto is here to stay.

All the current sad events happening and that have happened are making cryptocurrency stronger and the system better, we are learning from all the experiences. So yes crypto is here to stay. Since crypto has survived through these events so far, it is an indication of something that will last long term. If it was not a long term thingy, crypto would have been a failed or failing project generally by now.

Yes that's right, with all the events that we have experienced and also with some drama it is for crypto to go through the same thing in the future and also shows how strong crypto is. To hell with people who say crypto has met its end, the fact is we are still here and making improvements. There is no need to listen to those who say that because they could be the ones taking advantage of the current situation in the cryptocurrency space. Experience is a very valuable lesson in shaping our mentality, and I have felt it myself, even though it's hard but it makes me more prepared.

[Yatsan]

Despite all of the drama with FTX:

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

Gentleman, adoption is starting to lift off!


Despite several unfortunate news along the years it is fantastic to see that Bitcoin is still conquering. Yes, big companies are starting to get in and more are bound to come.
Latest great news as to do with Shell saying it is developing new mining energy solutions for Bitcoin, which is huge news.

Definitely.
Despite of the issue which happened recently, I doubt that it will cause permanent market crash. On my point of view, what happened recently is just part of the development on this industry. Progressive development includes errors. What matters the most is that, it is being solved. Ofcourse that would be hard for losses but atleast, other exchanges such as Binance are taking over of the breach. And also, huge tokens remained firm. It just became a domino effect which triggered another crash this week. Many people sold their holding, pulling down the market prices of many cryptocurrencies.

Crypto is here to stay.

All the current sad events happening and that have happened are making cryptocurrency stronger and the system better, we are learning from all the experiences. So yes crypto is here to stay. Since crypto has survived through these events so far, it is an indication of something that will last long term. If it was not a long term thingy, crypto would have been a failed or failing project generally by now.

We had many problems before; it was even banned to huge mining countries but still, we're here and being noisy. As long as there are people trusting this industry inspite of imperfections, I guess development will continue for this industry.

[BitcoinPanther]

Crypto is here to stay.

Obviously crypto is here to stay because cryptocurrency had been rooted in the economy.  They have been established and the market is currently booming despite of the fact that many companies who take advantage of the opportunity of cryptocurrency become rouge and scam their client, and or got bankrupt due to mismanagement or the volatility of the cryptocurrency.

Aside from that a failure one one can give rise to hundreds of new start-up.  Unless the government fully banned cryptocurrency, I believe and agree that crypto is here to stay.

[TastyChillySauce00]

Crypto was dead so many times but it would always able to recover from the bottom again. Basically, crypto can't be considered dead as it was not even touching zero value but it looks so strange to see that some people were calling it that crypto was dead.

The price was not even worthy zero value and it's still having some value. The problem is when people using FUD to attack crypto and then they were calling crypto was dead.

Crypto is always here to stay no matter what happened with the market and bitcoin will always be ruling and exist in the crypto market. The dead was only related with new token that came and gone

[zonefloor]

When the bear season starts, people who do not understand crypto money, and especially the press, are constantly speculating that crypto money has sunk. In my opinion, they are all news that are deliberately made and that make the markets worse. But no matter how bad news comes out, crypto money will always renew itself and come out stronger. It is not possible in this period, but we will all see it in a short time.

[adzino]

Despite all of the drama with FTX:

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

I think all USDC on Solana network deposit has been suspended by almost all top exchanges. But yes, just because of the FTX, developers and other companies still haven't stopped investing or moving forward with crypto currencies. They all know things like this will happen in the crypto market and still continues because they also know that things will eventually recover and go back to normal. In fact this is the best time for them to start as all the coins are now in "discounted" rate.

[Terezi]

Crypto is here to stay, cryptocurrencies will always get stronger, but it may take some time for us to recover. Crypto is the future and now is a great opportunity to try to seize or explore the space and build a more profitable portfolio. Choose to focus on the positive, to see the bigger picture and take a longer view of the crypto world.

[ethereumhunter]

Yes, crypto will still stay with us. And even though crypto is currently experiencing a decline, it does not mean that crypto will disappear but will increase again. This is only temporary and we don't need to worry about this instead, we have to take advantage of this situation in our favor because this is the right time to invest in crypto. Bitcoin remains the main investment next to altcoins because bitcoin will return to reach new ATH again. And if people are still afraid to invest in crypto, they will regret it when they see crypto coming back and being able to provide huge returns for investors.

[mich]

Well I think crypto is here to stay and for sure Bitcoin will not go anywhere.  I think Bitcoin is a very sound investment during because we’re seeing more and more upside potential to the technology than ever before.

Investment in BTC is a smart method to hedge against inflation that the dollar will inevitably experience as a result of our excessive debt that we’ve accrued to keep our economy afloat. I also think the potential to see a high ROI on your bitcoin investment is highly likely as worldwide adoption is increasing and innovators discover more uses for the technology.

[Coyster]

Choose to focus on the positive, to see the bigger picture and take a longer view of the crypto world.

Well imo i don't quite think it is so much of a good thing to focus on only the positives of the network, not just in the crypto network, but in any field for that matter; mind you that people learn from experiences, both good and bad experiences, if they focus only on the good experiences, there would be a recurrence of the bad ones because they did not learn from them previously.

Having said that, when Terraform labs crashed, i'm talking about the terra network, people lost quite a lot of their fortunes, FTX/FTT has crashed too, these are negative/bad experiences, but if people focus/learn from them they'll definitely get something important, at least they'll learn the rule of thumb that says: "Not Your Keys, Not Your Coins", that is the essence of studying/learning from negative experiences.

[Natalim]

Very big question and people has different comments on this topic but over all yes crypto is here to stay because it is good inovation to payment gatway where we can send payment to anybody in world with lower fees and also transactions will be completed very fast then other options like bank something so we should go with this crypto for worldwide help and make a new advanced world.

Because it was valuable for many reasons and a reason why people still trust this platform despite the current situation. We see different speculations and market views ( negative and positive), however, the majority have been positive about what will happen in the future. For many years that we have been like this, we already know that rise will come next and the development continue. Perhaps, adoption is growing which means that more and more people had see the brighter future of the crypto world and seen those innovations.

[BigBos]

Yes, there really isn't any good news at the moment affecting the market as the bear market has taken control and a lot of FUD has amplified this year's losses.
But this is one of Cyrcle's successes as the issuer of Stable Coin USDC from Crypto Currency who is able to work with the world's largest technology companies by integrating USDC into transactions on Apple Pay.
With Apple's 1.8 billion users, I think it will expand the use of crypto around the world for being able to make payments easily, quickly and privately on Apple Pay.


https://www.circle.com/blog/apple-pay-is-now-available-on-circle
https://www.forbesindia.com/article/cryptocurrency/circle-adds-apple-pay-support-to-help-cryptorelated-businesses/81267/1

[danherbias07]

Well despite all that, FUD will also stay.
The golden rule for me that I learned in this forum is how strong your hands will be/can be. Some already gave up because of their weak hands and some just invested in another kind of asset.
I do believe crypto will stay and this FUD will just be another wall that we need to break to strengthen its roots.
Mt.Gox was far worse than this.

[vv181]

~
And while part about communism on that "crypto is now dead" article i gave is pretty much spot on i still see though it and ton of potential in this scene. I am very much buying right now.

That is correct but it's being perceived broadly, which narrates the story to crypto is dead. I believe the imminent part of crypto generalization is due to the broad spectrum of cryptocurrency space that some people just barely accept what they see or hear without digging deeper. If people bother to inspect and comprehend deeper about the actual decentralization part of cryptocurrency, they won't be getting deceived by some unknown coin or simply generalise which results including bitcoin as their concern, while wholly missing the actual point of the decentralization that Bitcoin gave.

[Reid]

Despite all of the drama with FTX:

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

Thank you for the optimistic view. We need that in the crypto space as more investors are being affected by the fear that had been lurking all over social media. More good news to come.
Even me is affected by it, I lost so much that I began to wonder if I should sell now and buy back if ever the prices go deep again.
Reality will hit you too hard but in the end I decided I will just stay. Selling now is just suicide.

[Bitstar_coin]

Despite all of the drama with FTX:

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

Despite so many good news that have come to the crypto but none of these news were creating the hype. The bad news were still dominating the crypto market. I think that the latest news came from the genesis has been ruining the crypto market again, lending platform keeps halting user's money. This may make people starting to distrust the crypto market. I thought that if the trust will not come easily to the crypto market again. The bad news has been dominating everything.
Bitcoin is not so strong to handle it. It's not easy to attract the billions dollars that have been going away from the cryptocurrency.

Hype is no longer the driving force so to speak, investors are more focus on utility based projects than just the usual hype without anything to show for it.
The mood of investors is down in this period so any good news produce by any project will not receive the right impact because of market sentiment. This is the type for the real projects to build and develop, instead of trying to create irrelevant hype that will not help the project technically.
Whether there is bad news or not, real projects will always have the support of the investors, despite what happen with luna and now ftx exchange, the crypto community will keep holding up, it is sad but there will always be a light at the end of the tunnel.

[MinoRaiola]

Crypto is here to stay.

In the future maybe become as alternative for cash. Many think it will become the alternative for digital payment, yes... but maybe only for cash transactions that are no longer possible in the future? In Germany, there are a few banks that no longer offer cash in the stations. If more banks follow, where will you get the Cash over the next few years? From private sales and how do you turn cash into digital? Bitcoin is an alternative.

[Yamifoud]

Crypto is here to stay.

In the future maybe become as alternative for cash. Many think it will become the alternative for digital payment, yes... but maybe only for cash transactions that are no longer possible in the future? In Germany, there are a few banks that no longer offer cash in the stations. If more banks follow, where will you get the Cash over the next few years? From private sales and how do you turn cash into digital? Bitcoin is an alternative.

It was expected to become an alternative to fiat money - that is really what it meant to be. However, the adoption isn't as fast as we think, it is very slow due to people aren't ready yet. Yes, some countries are already adopting a such form of payment but as we can see, the majority were still relying on fiat. Let us say that major cities and countries have used this already but for sure many people continue to hold and use cash themselves.

[TelolettOm]

Indeed, crypto will be here always to stay. What we must concern about is what crypto is still here surviving from anything FUD that will destroy. Even a strong and big exchange and platform like FTX also can be destroyed very easily. So, this also really proves that crypto is a high risk, but high return. Why? because we really know how crypto so far, even with many FUDs destroying and so many people trying to destroy with bad news every time, in fact, crypto still survives. People still believe in Bitcoin. Although so many people are also disappointed with some incident like FTX and Luna, this at least will not stop them to be in the crypto world for having business and earning here.

[Captain Corporate]

There were scams before, there were a lot of problems before, no matter what happens crypto still rages on with a big hype and it will go on like that forever. I do not see how bitcoin could crash to zero, its near impossible in my mind, there needs to be something major for that to happen and I believe its near impossible. Just realize the fact that its going to be here for a long time and accept that and move on. Anyone who keeps being scared of the potential of bitcoin crashing, will end up not investing fully, would be scared to invest fully, and they will not be making a huge profit when the price goes up, and it will go up, it will be a million dollars one day, maybe not soon, but eventually.

[BitcoinPanther]

Crypto is here to stay.

In the future maybe become as alternative for cash. Many think it will become the alternative for digital payment, yes... but maybe only for cash transactions that are no longer possible in the future? In Germany, there are a few banks that no longer offer cash in the stations. If more banks follow, where will you get the Cash over the next few years? From private sales and how do you turn cash into digital? Bitcoin is an alternative.

Aside from that, there are lots of greedy developers that wanted to milk investors by making cryptocurrency out of thin air.  This practice will continue as long as there are investors that is not researching and is willing to gamble their funds to greedy developer. So this is one of the reasons why crypto is here to stay.

But not all developers are greedy, there are honest and just developers.  They create projects with innovation that bring new technology and idea to the table. So without financial gain purpose, there are developers that loves to publish their thoughts and creation and got rewarded because of their brilliant innovations.  I think this kind of developer will continue to create their crypto project to bring more ideas and inventions.

[Sikinkato]

Cryptocurrencies are here to stay, but that doesn't mean every cryptocurrency is here to stay, we're all waiting for the market to recover and the next bull run to come. Although the crypto market is in a downturn, there is always a lot of positive news happening in cryptocurrencies, so we must always maintain a positive attitude and believe that the development of cryptocurrencies is always moving forward.

[gabbie2010]

Despite all of the drama with FTX:

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

Despite so many good news that have come to the crypto but none of these news were creating the hype. The bad news were still dominating the crypto market. I think that the latest news came from the genesis has been ruining the crypto market again, lending platform keeps halting user's money. This may make people starting to distrust the crypto market. I thought that if the trust will not come easily to the crypto market again. The bad news has been dominating everything.
Bitcoin is not so strong to handle it. It's not easy to attract the billions dollars that have been going away from the cryptocurrency.

I believe the impact of those positive goods will react to the market very soon it's like the bad news overrides the goods news, however I am optimistic that the much needed hype that will trigger the bullish runs is imminent and with the upcoming halving of bitcoin in 2024 is another positive news indicating a better days ahead for crypto hodlers and enthusiast, we had it worse few years ago particularly in the wake of Covid-19 pandemic when the price of cryptos dumped massively, thereafter the price rebound and pumped massively to an ATM of $60K I believe the market will show a similar Price Action again.

[Smack That Ace]

Crypto is here to stay.

In the future maybe become as alternative for cash. Many think it will become the alternative for digital payment, yes... but maybe only for cash transactions that are no longer possible in the future? In Germany, there are a few banks that no longer offer cash in the stations. If more banks follow, where will you get the Cash over the next few years? From private sales and how do you turn cash into digital? Bitcoin is an alternative.

Bitcoin will never be an alternative. What about CBDC, did you miss it? Some developed countries may be implementing a cashless financial system but will instead be CBDC or a government-created digital currency, never bitcoin. How does a decentralized currency get accepted by the government? how can a highly volatile asset become a currency? Bitcoin will be an alternative to fiat unless it is regulated and it becomes stable, but that will never happen.

[michellee]

Cryptocurrencies are here to stay, but that doesn't mean every cryptocurrency is here to stay, we're all waiting for the market to recover and the next bull run to come. Although the crypto market is in a downturn, there is always a lot of positive news happening in cryptocurrencies, so we must always maintain a positive attitude and believe that the development of cryptocurrencies is always moving forward.

The current bear run conditions mean that many altcoins are unable to survive and this condition is also a purge of altcoins that are not doing well after they reach a price peak. Many of these altcoins continue to decline because they cannot survive the intense competition in the crypto market. As for the other coins that have strong support, these coins are still trying to survive and later, these coins can occupy a good position after the next bull run comes. We as crypto users, must be patient in this bear market and keep looking for coins that have the potential to go up and this is worth doing because we have the goal of making big profits later.

[Sayeds56]

Despite all of the drama with FTX:

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

Indeed, crypto is here to stay, no matter it remains in bear cycle for long or short time & whatever turmoils like LUNA & FTX it goes through but eventually it will recover & make new ATH. Ups and downs are normal in crypto currencies & this Volatility provides opportunity to take new buying positions and make huge gains. All sectors of crypto space are making huge technological development; Hence, I don't think we are going to see anything like crypto is going away and disappearing.

[MinoRaiola]

Bitcoin will never be an alternative. What about CBDC, did you miss it? Some developed countries may be implementing a cashless financial system but will instead be CBDC or a government-created digital currency, never bitcoin. How does a decentralized currency get accepted by the government? how can a highly volatile asset become a currency? Bitcoin will be an alternative to fiat unless it is regulated and it becomes stable, but that will never happen.

Hi. I have ignored CBDC, you can't compare it with Bitcoin. Not meant negatively, but I refuse to compare it to that. If cash should no longer exist in the dimension it does today, then it is an alternative. With cash, which they can not deposit at a bank, what happen with it? Exchange of services, things and Bitcoin on a private basis.

How does a decentralized currency get accepted by the government?

Maybe never. But people are the ones who can decide it to trade.

how can a highly volatile asset become a currency?

Again, people decide that at the moment of payment. All it takes is a service or object that have a value.

[albon]

People must also look on the bright side or positive side because there is a lot of innovation right now that is in cryptocurrency, these negative news or incidents happening on cryptocurrency right now seems to be given along the way.
For me, there is always a lot of positive news and innovation happening and coming to cryptocurrency compare to negative events, so we must be positive always. Take those negative events as lessons as we go along.

And what we took away from the negative events that happened to the FTX platform is a valuable lesson about why we should keep cryptocurrencies off the exchanges we only have to move them to the exchange only when we are ready to sell not to mention that this also helps protect us from panic selling, we looked to the dark side and took our valuable lesson And that's enough, there is a lot of positive news that has happened and will happen to crypto, but few people believe in them and help spread them. Everyone should be positive because the end of autumn is spring, so we have to learn from the mistakes of others and not take the negative events as the end, but As lessons, we learn.

[Minecache]

Despite all of the drama with FTX:

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

Although the deaths of Luna and FTX have taken a heavy toll on the market, but both are only part of the market. They are not representative of the entire market so their demise may have an impact but may not kill the crypto industry. Crypto is still in the development phase so bumps are inevitable. Like humans, to grow up we also have to go through a lot of falls and always get up after that, over time we will become more mature. The market has been around for 13 years and has been through a lot harder than this and we always stand firm after every crash, so this one was no exception.

[Rengga Jati]

Although the deaths of Luna and FTX have taken a heavy toll on the market, but both are only part of the market. They are not representative of the entire market so their demise may have an impact but may not kill the crypto industry. Crypto is still in the development phase so bumps are inevitable.

The failed or death of Luna and FTX exactly became a disaster at that time. However, this doesn't make the end of crypto. They were part of cryptocurrency which should be a big lesson for us. We may be afraid of having a such a similar case with them some day later. That is why we must learn from how they are failed and crashed so far. This really reminds us how to invest wisely and smartly, because top coins will not guarantee. There will be always risks, moroev the FUD will never stop on those two coins. I am sure that the big FUD will reach other cryptos again some day. So, we ar ebetter to be read y with it. ANd what hapnes here is, whatever the codnition, most of us still beleive in cyrpto, right? Moroever Bitcoin. Why? Becase this is trust, we trust in Bitcoin, crypto, that they are valuebale ad worthy to ivest. The fall of two projects doesn't mean the fall of crypto. Yeah, crypto is still here to stay and grow up.

[Sayeds56]

People must also look on the bright side or positive side because there is a lot of innovation right now that is in cryptocurrency, these negative news or incidents happening on cryptocurrency right now seems to be given along the way.
For me, there is always a lot of positive news and innovation happening and coming to cryptocurrency compare to negative events, so we must be positive always. Take those negative events as lessons as we go along.

And what we took away from the negative events that happened to the FTX platform is a valuable lesson about why we should keep cryptocurrencies off the exchanges we only have to move them to the exchange only when we are ready to sell not to mention that this also helps protect us from panic selling, we looked to the dark side and took our valuable lesson And that's enough, there is a lot of positive news that has happened and will happen to crypto, but few people believe in them and help spread them. Everyone should be positive because the end of autumn is spring, so we have to learn from the mistakes of others and not take the negative events as the end, but As lessons, we learn.

The chaos created by collapse of FTX was similar to 2001 dissolution of Enron, the largest bankruptcy in US history. The complete failure of corporate control is a strong message to authorities to come up with new regulation to avoid such a huge crisis which has evaporated life time savings of many families all over the world.
The message from this collapse is loud and clear. Keep your asset in no-custodial wallets.
  

[kotajikikox]

Crypto is here to stay.

will always support this say, crypto might be sometimes bringing bad things and good things but this being completely here will be what we need to be and to have, supporting crypto means a lot to the people , maybe they don't understand this now because they have no complete idea about this but one thing is the most expected one and that is the recovery and this will be the bull in every halving.
keep your coins and keep buying , never stop supporting and never stop accumulating .

Cryptocurrencies are here to stay, but that doesn't mean every cryptocurrency is here to stay, we're all waiting for the market to recover and the next bull run to come. Although the crypto market is in a downturn, there is always a lot of positive news happening in cryptocurrencies, so we must always maintain a positive attitude and believe that the development of cryptocurrencies is always moving forward.

there will always a coin that is created to die , meaning those are shitcoin that have made for scamming and those will die eventually after the ICO,

[blockman]

The chaos created by collapse of FTX was similar to 2001 dissolution of Enron, the largest bankruptcy in US history. The complete failure of corporate control is a strong message to authorities to come up with new regulation to avoid such a huge crisis which has evaporated life time savings of many families all over the world.

The regulators should change some policies and make them even stronger for these exchanges and companies to have a sense of responsibility and avoid doing fraud while given a license to operate.

The message from this collapse is loud and clear. Keep your asset in no-custodial wallets.

It's sad that too many folks have been affected. But for those that have little funds there, the lesson that they've got is big but for those that have huge funds left there then they can treat it as a very expensive lesson to learn. That's all they can think to avoid having that stressful thought because they don't like what has happened and no one like it even the non-affected people.

[WalkerIVIV]

it indeed is true that cryptocurrency despite all of the bad news still have some good news, it's no brainer that cryptocurrencies are gonna be here to stay but the question is whether cryptocurrencies could ever reach its all time high ever again since that's the real question these days since considering seeing the current value of cryptocurrencies in general, it already lost so much of its value that some doubtful if it ever reaches its all time high again, but i'm sure it will.

[tygeade]

The chaos created by collapse of FTX was similar to 2001 dissolution of Enron, the largest bankruptcy in US history. The complete failure of corporate control is a strong message to authorities to come up with new regulation to avoid such a huge crisis which has evaporated life time savings of many families all over the world.
The message from this collapse is loud and clear. Keep your asset in no-custodial wallets.
 

I do not think that it is remotely close. Enron was a huge deal and because of that a lot of trouble happened overseas as well, and that was amount of money that was just insane to think about.

FTX is a small thing compared to that, sure a few billion dollars, but nothing that can be fixed with like a 5-10 billion loan to FTX could be compared to Enron, we are talking about literally going against a court and congress just to explain why you bankrupted, Enron was big that much and that’s a whole another level. I understand it is not going to be an easy thing to accept that bitcoin will not be that big for a long time, but we gotta stop overestimating our importance in global stage.

[ranaprime]

Cryptocurrency will stay in its place. But some investors may fail to stay. The crypto market is volatile so it can be bullish as well as bearish. It has established a strong position here in every part of the world. Hopefully in the future more good companies will be encouraged to invest in this platform.

[len01]

I have seen this a hundred times and there are much worse than this, every time something like this happens all we have to do is to visit Bitcoin Obituaries and see and looked back at the worse scenarios Bitcoin have encountered so far there are already 466 articles that Bitcoin has died and I guess many more are coming

In 13 years Bitcoin which is the father of Cryptocurrency, it has weathered the storm 2017 is the year that we recorded the number of times Bitcoin died.

from the quote you explained, it can be concluded that bitcoin will never be affected by anything that happens in the market and when bitcoin is indeed the time to be bullish, it will still increase in price.
It's been bad news for a long time that emerged for the existence of bitcoin but it really can't destroy bitcoin or even kill bitcoin.
some of us who are here have experienced several times such news appears to kill bitcoin but every time the news comes after several years bitcoin gives a very high price after the halving

[Sayeds56]

Despite so many good news that have come to the crypto but none of these news were creating the hype. The bad news were still dominating the crypto market. I think that the latest news came from the genesis has been ruining the crypto market again, lending platform keeps halting user's money. This may make people starting to distrust the crypto market. I thought that if the trust will not come easily to the crypto market again. The bad news has been dominating everything.
Bitcoin is not so strong to handle it. It's not easy to attract the billions dollars that have been going away from the cryptocurrency.

But that's what happens in a bear market. Things take time to turn around and to get people trusting markets again isn't one week job. It could take a year and many people will quit at the bottom. This is something we have seen many times, but as it's happening on bigger and bigger scale EVERYONE is seeing it. And from what i pick up at reddit and different forums, public still don't get it. They think because it''s ponzi, and because FTX was ponzi. And they are happy it happened to "annoying" crypto people and i totally understand the bitterness. They don't even get that most of us are cynics too, they think we are all moonbois and libertarians and make articles like this. But that's their loss.



And OP right, big businesses understand that crypto is volatile and probably now are buying projects that they see solid and important, not just hype.

Well yes, The events are just repeating and the distrust keeps happening every market cycle and on the bear market specifically. There are a lot of FUDs, Bad news, and other type of negative things about crypto that makes the market collapse. We've been there a couple of times already and for me, I've expected this kind of scenario which bad events will come consecutively. Other people opinions are just a mediocore comments of people caught the bear market and lose some money. Comments like that are inevitable. All we can do now is to accumulate and do the right thing to prepare for the next bull market. 

well this scenario often happens when the market is not healthy , I remember in 2018 there was a lot of bad news about the crypto market, and when entering in 2021 there was a lot of news praising crypto , because bitcoin scored ATH again, and many shouted that crypto is the future, and we'll see how they react now

Bitcoin is behaving like cyclical assets and follows the trend in the overall economy like stock market which is evident from its strong correlation with stocks. Though currently it is in bear cycle since the beginning of 2022 but for sure it is not going anywhere, it is here to stay, it will bounce back but I think market will first enter in stabilization phase once Bitcoin is bottomed out then most likely we will see beginning of bull run by mid of 2023.

[KingsDen]

Cryptocurrency will stay in its place. But some investors may fail to stay. The crypto market is volatile so it can be bullish as well as bearish. It has established a strong position here in every part of the world. Hopefully in the future more good companies will be encouraged to invest in this platform.

The cryptocurrency industry by nature is volatile. This has caused many investors to occasionally run away from crypto and yet the volatility of the cryptocurrency industry has also attracted some investors. While volatility is an advantage to some people, it is a disadvantage to other set of peoples. The overall effect would be that some investors we run away from cryptocurrency industry some investors will choose to remain and learn to deal with volatility while some will also remind because they benefit from volatility (traders). This is just the market sentiment and it will remain like this until when the cryptocurrency industry will be regulated to a large extent and the price will be somewhat stable, then will mass adoption come.

[el kaka22]

Bitcoin and crypto are different words. When someone says crypto, they may mean altcoins as well and that’s not going to be that much of a big deal. Let’s be real and accept that some alts will die, like Luna did, and like many other before that and after that.

We just need to accept the fact that it’s not going to be that easy to invest into coins other than bitcoin. However, if we talk about the general "idea" of crypto, it will always be here, bitcoin and "some" other coins will always be here, the top 10 could change, top 20 will change, top 100 will definitely change, but top 1 won't, that’s bitcoins spot and will stay there for sure. I just hope people won't fixate on any other coin.

[Toni Ross]

There is no indication that Cryptowave will be discontinued in the near future. The market for cryptocurrencies is actually still in the early stages of its development. There are now a great number of additional brands participating in this wave. Therefore, it is reasonable to draw the conclusion that cryptocurrencies will continue to be traded on the market for the foreseeable future.

[yazher]

What has happened with FTX is just another kind of thing you see in the crypto industry every year though it's kinda big because of their influence, events such as this one only give investors lessons so that they will be aware of it in the future and they can use it to prevent the same thing will happen to them in the future. As for the continued development in the other companies that are crypto-related, this is also expected because they already know that crypto is way bigger than a fraud exchange like FTX and they won't really jeopardize their opportunity to develop and update their product with crypto, just by seeing FTX failed their investors.

[Sayeds56]

There is no indication that Cryptowave will be discontinued in the near future. The market for cryptocurrencies is actually still in the early stages of its development. There are now a great number of additional brands participating in this wave. Therefore, it is reasonable to draw the conclusion that cryptocurrencies will continue to be traded on the market for the foreseeable future.

Indeed, it is in its early stages of development and far from maturity, that is why it is extremely volatile, and we witness huge spikes in its price on daily & weekly basis, but it here to stay because its popularity is growing fast as it provides opportunity to new investors to buy at good price and to long term investors to sell their holding when market in bull run and book huge gains, but we should invest only in good coins ,those have strong fundamentals.

[evichi]

Despite the recent bad news (FTX Collapse, UST/Luna issue, etc.) that have brought negative signals to the crypto space, The crypto industry is still moving because the crypto industry have a lot to offer for those of us that believe in it. IMO, most events that have happened is not about the crypto technology, it is about people - it simply brings out some aspect of the human element: distrust and insincerity. Blockchain technology has been built to be utilized and deployed for the benefit of those in the crypto space, but human manipulations bring in bad reputation in the crypto space as if there is something wrong in the technology. I think, these events are rather shaping the the future of the crypto space, and will make it more robust and more trust-worthy in the future. The crypto industry is here to stay. 

[Marvell1]

What has happened with FTX is just another kind of thing you see in the crypto industry every year though it's kinda big because of their influence, events such as this one only give investors lessons so that they will be aware of it in the future and they can use it to prevent the same thing will happen to them in the future. As for the continued development in the other companies that are crypto-related, this is also expected because they already know that crypto is way bigger than a fraud exchange like FTX and they won't really jeopardize their opportunity to develop and update their product with crypto, just by seeing FTX failed their investors.

Admittedly, the crash of FTX has a negative impact on bitcoin as well as the entire market but in the end, FTX is only a part and very small compared to the entire crypto ecosystem. The collapse of FTX can only affect but not prove or judge that cryptocurrency cannot survive even if it's not FTX, it's binance or coinbase can't kill the market, they are just part of the market. Without that exchange, the market still exists and develops.

[SquallLeonhart]

What has happened with FTX is just another kind of thing you see in the crypto industry every year though it's kinda big because of their influence, events such as this one only give investors lessons so that they will be aware of it in the future and they can use it to prevent the same thing will happen to them in the future. As for the continued development in the other companies that are crypto-related, this is also expected because they already know that crypto is way bigger than a fraud exchange like FTX and they won't really jeopardize their opportunity to develop and update their product with crypto, just by seeing FTX failed their investors.

I feel like it was a bit bigger than the usual, and that is why it created this much trouble. The talked amount is somewhere between 6 billion to 8 billion dollars, which means it is a huge amount gone right away. And as we all know in crypto nothing is really "gone", it just changes hands, or even if it is burned, it's there someone being untouchable at the best case but no gone we can see it, if it moves we can react.

So, this has been a bit bigger than usual and came at a point when we were trying to recover from the crash and caused a little bit of a trouble for the market. We will get better though, we are already, and we will be 20k again.

[sajeeb21]

Individuals should likewise look on the splendid side or positive side since there is a ton of development right now that is in cryptographic money, these negative news or occurrences occurring on digital currency right presently is by all accounts given en route.
For my purposes, there is consistently a great deal of positive news and development occurring and coming to digital money contrast with adverse occasions, so we should be positive generally. Accept those adverse occasions as illustrations as we come.

[uneng]

Bitcoin and crypto are different words. When someone says crypto, they may mean altcoins as well and that’s not going to be that much of a big deal. Let’s be real and accept that some alts will die, like Luna did, and like many other before that and after that.

We just need to accept the fact that it’s not going to be that easy to invest into coins other than bitcoin. However, if we talk about the general "idea" of crypto, it will always be here, bitcoin and "some" other coins will always be here, the top 10 could change, top 20 will change, top 100 will definitely change, but top 1 won't, that’s bitcoins spot and will stay there for sure. I just hope people won't fixate on any other coin.

True. The correct would be to say Bitcoin is here to stay. That is the only crypto we have seen its lasting at the same position since the beginning. Another cryptocurrencies proved to be temporary tendencies adopted by investors for speculative hypes, which don't last more than a year or two. As examples we have currently NFTs and Blockchain games, which have already become irrelevant. Maybe we could open an exception for Ethereum, which is also keeping the same position for a long time by now, but Bitcoin is still unbeatable.

[Daras]

Crypto has been a wonderful alternative to the traditional money market if not a competitor, but the recent dramas in the last few months have been a lesson to everyone to have a critical thinking about crypto.

[Furious 7]

Bitcoin and crypto are different words. When someone says crypto, they may mean altcoins as well and that’s not going to be that much of a big deal. Let’s be real and accept that some alts will die, like Luna did, and like many other before that and after that.

We just need to accept the fact that it’s not going to be that easy to invest into coins other than bitcoin. However, if we talk about the general "idea" of crypto, it will always be here, bitcoin and "some" other coins will always be here, the top 10 could change, top 20 will change, top 100 will definitely change, but top 1 won't, that’s bitcoins spot and will stay there for sure. I just hope people won't fixate on any other coin.

The problem is that a lot of people are still not aware of this and seem to generalize between bitcoin and altcoins even though this is very different and even I still find some people who are still confused about bitcoin and altcoins.
On the other hand, I quite agree with what you said because the safest thing to be here for the long term is bitcoin, not some of the coins in the alt. although indeed this can still be done for some alt which does have potential, still from a security point of view bitcoin is a real thing.

[doomloop]

Crypto has been a wonderful alternative to the traditional money market if not a competitor, but the recent dramas in the last few months have been a lesson to everyone to have a critical thinking about crypto.

For the most of us, cryptos are more than just an alternative but they treat it as a replacement to the fiat money especially Bitcoin since it was the most decentralized crypto up to this date. We can also call it as a competitor. It was the banks actually who termed it because they see it as threat to their business.

This is also the reason why cryptos are banned by them or they request it to the government to ban it in their whole nation. The recent drama in crypto doesn't made people think if they will continue to use it or not but it only teach them a lesson to not fully trust centralized platforms because they aren't totally in control of their money.

[wastagnn]

During the bear market, there will always be a lot of bad news and FUD about cryptocurrencies in the crypto market. But none of this will affect the continued existence of cryptocurrencies, and will even make them stronger. I believe that after the encryption winter, there will be a lot of positive news and innovations in cryptocurrencies.

[TheUltraElite]

Obviously crypto is here is to stay, the more you use crypto the more you realize how easy and simple it is to send someone money in the form of crypto. While many people do not accept this method of payment we are gradually going through the denial-acceptance cycle and we are working on it.

Problems like bankruptcy/hacks/scams will happen in every sector and the lack of regulation in crypto makes it all the more vulnerable to the same. But that does not mean that the older users of such a system would stop using it. Therefore its adoption will increase and soon big merchants will be forced to accept it in some way or the other.

Therefore fill up your bitcoin bags and lets all get rich!

[GideonGono]

It has been through so many hardship so many dramas but I believe that crypto would stay for good.
There are so many companies that is now using or accepting crypto so it wouldn't die easily because of those dramas.
Crypto has been around for so long even though it is having a hard time now (price drop) I believe that it would soon be back up again.

[Ojima-ojo]

Despite all of the drama with FTX:

-Apple pay added USDC support
providing  an easy on-ramp for 500mil+
-Gaming juggernauts like Riot games are building in web 3.
-Billion dollar brands are incoming to the space.

Crypto is here to stay.

Despite so many good news that have come to the crypto but none of these news were creating the hype. The bad news were still dominating the crypto market. I think that the latest news came from the genesis has been ruining the crypto market again, lending platform keeps halting user's money. This may make people starting to distrust the crypto market. I thought that if the trust will not come easily to the crypto market again. The bad news has been dominating everything.
Bitcoin is not so strong to handle it. It's not easy to attract the billions dollars that have been going away from the cryptocurrency.

Bad news spread faster than good news and in this situation, cryptocurrency price is used as the basis for determining it effectiveness in the economy since most people take cryptocurrency as an investment and not a currency.

Genesis an affiliate to FTX was a big project that hold lots of investors money, but we must know that genesis is a centralized projects which make it risky to deal with but newbies may not be aware of the risk associated with putting money on centralized platform.

Far better to hold you investment in a personal wallet and not handing control of your balance to third-party services, there have been major setbacks in the crypto industry.

But investors are becoming more familiar with their mode of operations and at that from their experience and the effects of recent events on the price of most coins, more people are now learning to hold the coins in their custody.

[milewilda]

It has been through so many hardship so many dramas but I believe that crypto would stay for good.
There are so many companies that is now using or accepting crypto so it wouldn't die easily because of those dramas.
Crypto has been around for so long even though it is having a hard time now (price drop) I believe that it would soon be back up again.

We've been through lots of negatives and disasters we do have on this crypto market on which we do believe that it might be dead soon but we are still here and breathing.
I cant really just blame out other peoples views and insights because of the negativity around which it is really not that surprising to have this kind reaction.
This is why its important that we shouldnt really be that too hopeful nor really that optimistic on things because it would really make your disappointed
if ever you havent meet your expectations.

[Xal0lex]

Obviously crypto is here is to stay, the more you use crypto the more you realize how easy and simple it is to send someone money in the form of crypto. While many people do not accept this method of payment we are gradually going through the denial-acceptance cycle and we are working on it.

Problems like bankruptcy/hacks/scams will happen in every sector and the lack of regulation in crypto makes it all the more vulnerable to the same. But that does not mean that the older users of such a system would stop using it. Therefore its adoption will increase and soon big merchants will be forced to accept it in some way or the other.

Therefore fill up your bitcoin bags and lets all get rich!

Cryptocurrency itself, of course, is not going anywhere, it is a very promising technology whose potential has not been revealed at all, except for speculation on exchanges. As harsh as it may sound, but if we want really strong and progressive development, the industry needs the arrival of regulators, as it was with the stock market. After regulators and oversight came in, the number of fraudulent schemes there went down a lot. Crypto market will be perceived as risky as long as anyone can anonymously launch their coin on an exchange and start trading, or anyone can anonymously launch funding rounds for another altcoin project and then run away with your money.

[AmoreJaz]

Obviously crypto is here is to stay, the more you use crypto the more you realize how easy and simple it is to send someone money in the form of crypto. While many people do not accept this method of payment we are gradually going through the denial-acceptance cycle and we are working on it.

Problems like bankruptcy/hacks/scams will happen in every sector and the lack of regulation in crypto makes it all the more vulnerable to the same. But that does not mean that the older users of such a system would stop using it. Therefore its adoption will increase and soon big merchants will be forced to accept it in some way or the other.

Therefore fill up your bitcoin bags and lets all get rich!

Cryptocurrency itself, of course, is not going anywhere, it is a very promising technology whose potential has not been revealed at all, except for speculation on exchanges. As harsh as it may sound, but if we want really strong and progressive development, the industry needs the arrival of regulators, as it was with the stock market. After regulators and oversight came in, the number of fraudulent schemes there went down a lot. Crypto market will be perceived as risky as long as anyone can anonymously launch their coin on an exchange and start trading, or anyone can anonymously launch funding rounds for another altcoin project and then run away with your money.

the technology itself is great. only those people who are making a business out of it are prone to commit fraudulent acts, making this technology seemed to be rigged. but if you consider a theoretical scenario without these bad actors, blockchain tech will help most of the businesses to achieve transparency, honesty, fast transactions without border, higher productivity and many more. so if these businesses will use the benefits of blockchain tech, they will surely appreciate its existence.

[lalabotax]

the technology itself is great. only those people who are making a business out of it are prone to commit fraudulent acts, making this technology seemed to be rigged. but if you consider a theoretical scenario without these bad actors, blockchain tech will help most of the businesses to achieve transparency, honesty, fast transactions without border, higher productivity and many more. so if these businesses will use the benefits of blockchain tech, they will surely appreciate its existence.

Yes, crypto and its technology are actually very sophisticated and useful for progress, but there are indeed many human beings who use it for negative things so many people think that crypto is a field of scams. Maybe this is happening because most of the crypto is still decentralized so that no one can control someone so they don't take action as scams. let alone in the crypto world, even in the real world we can still find lots of fraudulent or fake investments or businesses, especially in crypto where there really is a wide gap for it. But on the other hand, actually crypto is really useful and has a lot of positive impacts on society. This positive aspect should also be taken into consideration, but unfortunately, many people only think about the negative aspects without wanting to study or review the positive aspects. And nevertheless, crypto is still here to survive and provide various profitable developments.