Crypto is here to stay.

[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.

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[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.