Crypto is here to stay.

[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.