Good days to bitcoin will be back soon.

[Flyingjack123]

Recent fall of FTX shook the crypto ecosystem Also It has come as a lesson for crypto world, though an expensive one.

There are many crypto assets that are currently in the market and are backed by nothing. This has shown that when it becomes too risky to invest in shit coins and why we should avoid it.


Moreover it's becoming clearer that in future a lot of shit coins are going to fall on their face and wipe out from the system.

The fall of FTX also showed the lacuna of POS as well. While ethereum moved to POS. I believe it has in one way or other affected the crypto ecosystem to lead to this fall.

Believe it or not the future is of crypto regulations. The thousands of crypto projects which have been launched without any meaningful backing are going to fall on face.
It's time of retribution for those altcoins

All the naysaying  and scepticism of bitcoin will going to end soon. As in a well regulated market only are few currencies will be traded. And for sure bitcoin will lead from front.

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[Zaguru12]

What do mean bitcoin will lead from the front. It's already ahead and already Goated.

Every bear market leads to the death of shit coins and with the current saga combine with the bear market more will follow suit.

As for POS nothing more to say infact the recent saga around Centralized exchanges as proven that POS doesn't have a future due to its centralization, I just hope investors do not realise it late.

[kryptqnick]

The previous bear market had a significant negative impact on altcoins, but it didn't kill the market completely and didn't kill trading either. This time around, some will also lose their market capitalization and never return to former glory, but others will remain and then experience growth along with Bitcoin when it starts recovering.
I agree that regulations are the future, but regulations should be centred around protecting customers from losing money by big oversight of operations of companies like crypto exchanges, not on penalizing users, depriving them of privacy and restricting their options. Moreover, regulations should not extend the practices that are related to other businesses, so that they remain reasonable and fair.

[ImThour]

Not until the next Bitcoin Halving which is scheduled for April 2024.

[crunck]

As for POS nothing more to say infact the recent saga around Centralized exchanges as proven that POS doesn't have a future due to its centralization, I just hope investors do not realise it late.

If comparing POW with POS then of course POW will be the better choice because it brings decentralization but the collapse of exchanges, specifically FTX in recent days, I think has nothing to do with POS. All the people who lost money in the FTX crash are aware of the risks of putting their money in FTX but they chose the risk to seek profit and they were too subjective to trust FTX completely.

[Yatsan]

Definitely. From the past years we've seen this industry fell but it got up multiple times. Bitcoin as the mother coin has the biggest tendency to got up from this bear market. But since the market is still struggling and the factors affecting the market price is still present, we might not see the recovery before this year end. Maybe next year but eitherways, know your goal as an investor. If you cannot afford the market behavior, choose to withdraw for now because no one knows when will bullish trend exactly occur in this industry, so expect red marks on your assets. Surely it will but you'll be needing huge amount of patience before that day come.

[electronicash]

the regulation i think should just be limited to stablecoin and exchanges not the miners, not on non custodial wallets or token stakers and leave the privacy to the users outside their scope. scratch  all that.

no regulation at all will be better. ripple(XRP) losing against SEC, fight may just be over and altcoins will succumbed. BTC will be regulated if green energy government prevail and miners are regulated.

[drwhobox]

What happened to bitcoin? Bitcoin is going well, yes the crypto market is down or you can say some of them are facing some issues for Cz or anything else, but bitcoin is going strong! We need to stop calling the bearish market is bad, and the bull market good. Both are good for Crypto and bitcoin.

[Rruchi man]

Recent fall of FTX shook the crypto ecosystem Also It has come as a lesson for crypto world, though an expensive one.

An expensive lesson for the newbies and people who just invested in cryptocurrency. For the oldies and people who have been with cryptocurrency a while longer, we have had better experience with other coins like Luna that also performed in similar manner, so we are quite used to these situation and know that all these are just the bad days of cryptocurrency and the better days not just the good days will surely be back soon.

Newbies that just invested in cryptocurrency should be not be discouraged, these are the not so regular occurrence in cryptocurrency and it is not a sign that you should quit cryptocurrency.

[tjtonmoy]

All the naysaying  and scepticism of bitcoin will going to end soon. As in a well regulated market only are few currencies will be traded. And for sure bitcoin will lead from front.

BTC in currently on the top and not even a single crypto have challenged the position of BTC yet. Neither one could in the future too for sure.
All these shit coin projects are popping out of nowhere and fading away eventually, but surely.

I respect your opinion and agree on this.
After this crypto winter, many will rise again but fade away by time. Only Bitcoin will hold its position.

[Slow death]

Recent fall of FTX shook the crypto ecosystem Also It has come as a lesson for crypto world, though an expensive one.

The lesson we all have to learn: "don't trust the exchanges, just leave a little money on the exchange and money that can be traded in case someone does a day trade" and always withdraw the profits. for those who do not day trade, there is no reason to leave coins on exchanges. also be very careful with new exchanges, from what I saw even when we can see the exchange owner's face we can still be robbed, it was supposed that when someone exchange owner shows his face he doesn't steal for fear of being arrested, but not even when they show a face not afraid of being stolen.

There are many crypto assets that are currently in the market and are backed by nothing. This has shown that when it becomes too risky to invest in shit coins and why we should avoid it.

most people know that more than 70% of altcoins will disappear with time, because there is no way for them to compete in this market, with so much copy/paste that exists in this market, many altcoins no longer have any sense of existing anymore, the owners probably already they are leaving little by little, they are already rich, they have already secured their future and they have no idea how to improve the altcoin so the solution is to abandon the altcoin

Believe it or not the future is of crypto regulations.

this is something we are all seeing, exchanges ask for KYC and even casinos ask for KYC and there are still not many countries that have made laws for bitcoin and we are already having a bad time with the damn KYC, so the future and even the regulation, there is no how to get away from it

[franky1]

Recent fall of FTX shook the crypto ecosystem Also It has come as a lesson for crypto world, though an expensive one.

if you turn off social media.. (quieten the noise of voices)
 you will notice that in the real cryptospace of crypto currencies.
(coins have no voice) it was not a massive earthquake. it was just a shudder

if you add up all the user accounts of coinbase binance,bitfinex, and all other exchanges. estimates as 300m users
so. FTX shook just 0.4% of people

99.6% of people(including me and you) were unaffected and are just gawkers and gossipers

bitcoins market price pre drama seen a $17k price. so a $16k price is not a ground breaking cavity for people to fall to their death in.

its just a wave of normal tidal movement being at low tide.

as for regulations
well alot of people think "regulations"  is just KYC

its not.
regulations come in different forms:
(-)user oversight
(-)business protection (cant litigate them if under a shield)

(+)business oversight
(+)user protection(make business actions illegal to protect users)

we do need to see more user protection regulations and less sweep a business practice under the carpet (ignorance)

but there are other regulatory things itching at the door trying to get into the crypto space
CFTC+EPA want to limit or restrict mining.
limit/restrict how much users can invest

[coolcoinz]

All the naysaying  and scepticism of bitcoin will going to end soon.

I think it's never going to end. It was there when bitcoin was trading for 100, 1000 and it's going to be there at 100k.
Banks hate bitcoin
People who panic sold and lost hate bitcoin
Gold bugs like Peter Schiff hate bitcoin
Old farts Like Warren Buffett who failed to recognize the value in it hate it as well
Politicians who don't get it like Elizabeth Warren hate it
Eco terrorists from green parties around the world hate it because its easiest to attack something that doesn't defend itself

They won't stop hating it because there's another bull market, but bull market doesn't need them to stop hating to come. Bitcoin has its ups and downs and now it's down, so the natural way from here is up.

Not until the next Bitcoin Halving which is scheduled for April 2024.

Maybe sooner. According to this the estimated date is March 23.

[NicNacCoin]

Surely Bitcoin's good days are coming soon. But we saw a time when Bitcoin hovered around $69,000.This peak position of Bitcoin proves that Bitcoin will definitely increase.However, we may see a new record for Bitcoin between 2023 and 2024, if not by 2022.You wait for the new record and those who are long term holders buy Bitcoin and invest for long term.Current time is good time for Bitcoin holders.

[Zaguru12]

As for POS nothing more to say infact the recent saga around Centralized exchanges as proven that POS doesn't have a future due to its centralization, I just hope investors do not realise it late.

If comparing POW with POS then of course POW will be the better choice because it brings decentralization but the collapse of exchanges, specifically FTX in recent days, I think has nothing to do with POS. All the people who lost money in the FTX crash are aware of the risks of putting their money in FTX but they chose the risk to seek profit and they were too subjective to trust FTX completely.

I was in no way comparing FTX situation to POS it was just an example that no matter how clearer its looks once two or three people can control something like exchanges then it will lead to manipulation. With POS I think the highest stakers control it more than the others. What if two or three people have the highest number of the coins and they decide to withdraw them wouldn't affect the other smaller stakers and in this sense isn't coin central between them.

 Major example is Lido and Coinbase controlling almost 40% of ethereum nodes. Can these two manipulate the ethereum node to there favour? Then its slightly similar to CZ controlling Binance

[Blawpaw]

Of course that better days for Bitcoin are bound to come. Bear markets come and go and Bitcoin always stays stronger. Now with the centralization wreacking havoc among shitty altcoins, Bitcoin will end up collecting all the perks that will come with it.

While shit coins have their days counted, for Bitcoin, the ride is just beginning.

[franky1]

..
 POS it was just an example that no matter how clearer its looks once two or three people can control something like exchanges then it will lead to manipulation. With POS I think the highest stakers control it more than the others. What if two or three people have the highest number of the coins and they decide to withdraw them wouldn't affect the other smaller stakers and in this sense isn't coin central between them.

 Major example is Lido and Coinbase controlling almost 40% of ethereum nodes. Can these two manipulate the ethereum node to there favour? Then its slightly similar to CZ controlling Binance

what you learn is user of full nodes are decentralised. but they mainly follow what their favoured services deem as the chain to follow because if their favoured services are following something else they are ignoring the users transactions. so users follow the exchanges decisions on all coins
(exchanges are deemed "economic nodes as oppose to just user nodes)

with coinbase also a custodian of users stake. those users again wont wont to go against their favoured service because saying no to a coinbase decided change is destroying the coins out of users stake to pay miners of the winning chain

so again users follow their favoured service.

this makes places like coinbase a double threat to control. becasie they have coin, code and user fanbase control even if the change is bad. their fans will follow or fear losing their stake
...
ethereum when PoS only had a market price trhat was 2x above value because as PoW value was high . but now in PoS the underlying value has droped 15x.. to a new gap of 30x but the price has not corrected yet. so expect ethereum price to drop soon.

right now ethereum is not trading based on its own merit of its own userbase of utility of token demand. it is if you look at the markets.. is blindly following bitcoin prices. meaning ethereum is being held up not by ethereum activity but of market arbitrage holding it up artificially

bitcoin is at great value to buy. ethereum is at bubble inflated premium and not good time to buy

[Mamun74]

What happened to bitcoin? Bitcoin is going well, yes the crypto market is down or you can say some of them are facing some issues for Cz or anything else, but bitcoin is going strong! We need to stop calling the bearish market is bad, and the bull market good. Both are good for Crypto and bitcoin.

If anyone did know about bitcoin old price chart.Then i think, they have good Knowledge about bitcoin price dumping and bumping. Every time bitcoin price surprised us when bitcoin dumped then.I also believe bitcoin price will be grow up again and bitcoin price will be recover again like 2021.

[GideonGono]

Recent fall of FTX shook the crypto ecosystem Also It has come as a lesson for crypto world, though an expensive one.

There are many crypto assets that are currently in the market and are backed by nothing. This has shown that when it becomes too risky to invest in shit coins and why we should avoid it.


Moreover it's becoming clearer that in future a lot of shit coins are going to fall on their face and wipe out from the system.

The fall of FTX also showed the lacuna of POS as well. While ethereum moved to POS. I believe it has in one way or other affected the crypto ecosystem to lead to this fall.

Believe it or not the future is of crypto regulations. The thousands of crypto projects which have been launched without any meaningful backing are going to fall on face.
It's time of retribution for those altcoins

All the naysaying  and scepticism of bitcoin will going to end soon. As in a well regulated market only are few currencies will be traded. And for sure bitcoin will lead from front.

Bitcoin has always been leading in front, it has always been on top and there is no doubt about it.
Most of us are already aware about the future of shitcoins it was called shitcoin for a reason, and I don't get why people have high hopes for those project when we are already aware that those project would only last for short time(most of them would be used by pump and dump groups to gain profit).

[serjent05]

the regulation i think should just be limited to stablecoin and exchanges not the miners, not on non custodial wallets or token stakers and leave the privacy to the users outside their scope. scratch  all that.

It should be but once the authority touches the cryptocurrency industry, it is a package deal.  Meaning, crypto will be regulated from mining to distribution, the government are greedy they always wanted a piece of the pie.  So they will regulate and monitor mining activities to tax them.

no regulation at all will be better. ripple(XRP) losing against SEC, fight may just be over and altcoins will succumbed. BTC will be regulated if green energy government prevail and miners are regulated.

No, we have seen lots of scams and fraud already.  That is because crypto isn't regulated yet.  Though I only favor regulation on cryptocurrency projects that conduct crowdfunding since we have witnessed that lots of these ICO, ITO, IPO, IDO, etc.. are just created to make money and don't really deliver their promised road map until the developer declares bankruptcy or run away with the money.


About Bitcoin, it is already proven that despite all these cryptocurrency scandals and fiasco, Bitcoin always comes back strong and be able to break its ATH so I don't doubt that Bitcoin will be back to its bullish path but I think it will not happen anytime soon.