What happened with crypto?

[|MINER|]

For what is happening now in cryptocurrency is not only we are in bear season, but also we face a lot of difficulty in the market, just like what happened to Luna, then followed by  Ftx scandal, greyscale, lot of Fud in crypto.com also to binance, and more.

Because of these situation, the market down rapidly, and lot of fear of the community to push them to withdraw their assets and transferred it in which they think it is safe.

I would like to add one more reason besides various incidents and that is the global economic crisis. Moreover, we all know that cryptocurrency moves at its own pace through ups and downs.And now the bearish season is going on so the market is going down. And I will also suggest if you are wanna invest now then invest in the bitcoin for avaoiding osses,।

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[GeorgeJohn]

For what is happening now in cryptocurrency is not only we are in bear season, but also we face a lot of difficulty in the market, just like what happened to Luna, then followed by  Ftx scandal, greyscale, lot of Fud in crypto.com also to binance, and more.

Because of these situation, the market down rapidly, and lot of fear of the community to push them to withdraw their assets and transferred it in which they think it is safe.

I would like to add one more reason besides various incidents and that is the global economic crisis. Moreover, we all know that cryptocurrency moves at its own pace through ups and downs.And now the bearish season is going on so the market is going down. And I will also suggest if you are wanna invest now then invest in the bitcoin for avaoiding osses,।

Investing Bitcoin right now, it's a nice target, because they is every tendency that the of Bitcoin might rise now or next, but i understand i understand that most of people do like to have or gather the momentum to run investment in Bitcoin when it's positive or advantages in Bitcoin, in summary Bitcoin acceleration has occur, so the best time to invest in Bitcoin is when the price going low consistently, so we are not suppose to panic when it's on bearish, because it favour both the buyers and the holders.

[milewilda]

For what is happening now in cryptocurrency is not only we are in bear season, but also we face a lot of difficulty in the market, just like what happened to Luna, then followed by  Ftx scandal, greyscale, lot of Fud in crypto.com also to binance, and more.

Because of these situation, the market down rapidly, and lot of fear of the community to push them to withdraw their assets and transferred it in which they think it is safe.

I would like to add one more reason besides various incidents and that is the global economic crisis. Moreover, we all know that cryptocurrency moves at its own pace through ups and downs.And now the bearish season is going on so the market is going down. And I will also suggest if you are wanna invest now then invest in the bitcoin for avaoiding osses,।

Investing Bitcoin right now, it's a nice target, because they is every tendency that the of Bitcoin might rise now or next, but i understand i understand that most of people do like to have or gather the momentum to run investment in Bitcoin when it's positive or advantages in Bitcoin, in summary Bitcoin acceleration has occur, so the best time to invest in Bitcoin is when the price going low consistently, so we are not suppose to panic when it's on bearish, because it favour both the buyers and the holders.

In short, people do always look for the bottom price and this had been always the case on why they do still tries out to wait up for that particular point which we know that there's no way on knowing
on wheres the sweet spot.If you've been here on this market for a while then these kind of movements wont really be freaking you out but instead you would be seeing this as an opportunity to buy cheap.
We do all wait for this kind of opportunity but due to some circumstances on which we do really seek upon on things which we know that it would really be totally in random.
Crypto space is really like a roller coaster like ride, if you cant able to bare up with the risk then you would definitely easily just freak out.

[Rengga Jati]

I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?

You were sleeping and unfortunately, you are waking up at an inappropriate time
Have you ever experienced a bearish market previously? Or you are new to this?
This crypto market is now in the bearish market era where crypto prices will be crashed at, where the FUD is always spreading and influencing the price to be much worse. This is the era where many people are depressed because of this crashed market. But, on the other hand, this is also an era where many people can reach and afford much more Bitcoin to invest for long-term holding because the price is exactly really dropped. So, calm down mate, every thing will be okay again in the next bullish era. You just wake up too early 

[Adbitco]

First as a member who have been on this forum for so longer you should have understood the price of bitcoin and it's movement, get it that bitcoin price increase and decrease is not something new to the system and without this movement there would be no bear and bull you were very lucky to have sold at 2021 at the new ATH. Bitcoin price doesn't really controlled by government but i can partially say it was from recent dust of Luna and FTX, so you are pretty lucky to have it at cheap price again buy and hold.

[Rahul09]

First as a member who have been on this forum for so longer you should have understood the price of bitcoin and it's movement, get it that bitcoin price increase and decrease is not something new to the system and without this movement there would be no bear and bull you were very lucky to have sold at 2021 at the new ATH. Bitcoin price doesn't really controlled by government but i can partially say it was from recent dust of Luna and FTX, so you are pretty lucky to have it at cheap price again buy and hold.

But if we buy and hold them now, will we have any profit? I mean, luna,Ftx likely to ever be the same again?
I think never. And even if they want to get back to the previous state, it will take them many years. And if you work well in the market without spending time on them, you can get double the profit. So I think it's kind of stupid to keep buying them.

[Adbitco]

~snip~

But if we buy and hold them now, will we have any profit? I mean, luna,Ftx likely to ever be the same again?
I think never. And even if they want to get back to the previous state, it will take them many years. And if you work well in the market without spending time on them, you can get double the profit. So I think it's kind of stupid to keep buying them.

Hey lot of numerous event has occurred to bitcoin previously even before the occurrence of Luna and FTX and yet bitcoin still gain new ATH, perhaps i don't think what just happened would likely hold down the price not to appreciate again. That is why the whales still getting larger and keeps controlling the market because they always utilizes every single opportunities by buying and holds, have it at back of your mind that nothing can ever stagnate or stationed the price of bitcoin at a particular spot, therefore its subjected to changes at any point in time (Increase or decrease).

[DanWalker]

First as a member who have been on this forum for so longer you should have understood the price of bitcoin and it's movement, get it that bitcoin price increase and decrease is not something new to the system and without this movement there would be no bear and bull you were very lucky to have sold at 2021 at the new ATH. Bitcoin price doesn't really controlled by government but i can partially say it was from recent dust of Luna and FTX, so you are pretty lucky to have it at cheap price again buy and hold.

But if we buy and hold them now, will we have any profit? I mean, luna,Ftx likely to ever be the same again?
I think never. And even if they want to get back to the previous state, it will take them many years. And if you work well in the market without spending time on them, you can get double the profit. So I think it's kind of stupid to keep buying them.

Are you referring to those 2 dead tokens or bitcoin? If you think it's stupid to buy bitcoin from now on, I can assure you that you will never be able to make a profit in this market. The way to profit from bitcoin is to buy low and sell high, and it was the collapse of Luna and FTX that made bitcoin cheap. For me and many others here see it as an opportunity, a rare opportunity to own bitcoin cheaply.

If you invest in bitcoin and choose not to buy it while it is cheap and wait for bitcoin to be high to buy, then I will be the first to thank you. Because you will become our liquidity pool in the next bull season.

[darewaller]

if we buy and hold them now, will we have any profit? I mean, luna,Ftx likely to ever be the same again?
I think never. And even if they want to get back to the previous state, it will take them many years. And if you work well in the market without spending time on them, you can get double the profit. So I think it's kind of stupid to keep buying them.

Hey lot of numerous event has occurred to bitcoin previously even before the occurrence of Luna and FTX and yet bitcoin still gain new ATH, perhaps i don't think what just happened would likely hold down the price not to appreciate again. That is why the whales still getting larger and keeps controlling the market because they always utilizes every single opportunities by buying and holds, have it at back of your mind that nothing can ever stagnate or stationed the price of bitcoin at a particular spot, therefore its subjected to changes at any point in time (Increase or decrease).

I always feel like fiascos like Terra Luna & now FTX only strengthen the dominance of Bitcoin. You see all these altcoins in market and when the top 3rd coin at the time, LUNA, dropped it showed that no altcoin is permanent. And in FTX's case it simply shows you why it's important to control your private keys and not keep funds on exchanges or custodial wallets.

The reason BTC price has dropped significantly is because it' manipulated by a lot of whales and they find it easy to drop when there's a news like FTX collapse. People will not easily sell their coins to panic unless there is a news supporting the panic which is exactly what these fails like LUNA, FTX, etc do.

[jaberwock]

I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?

It's all part of the game played by big players with insane amount of funds and ability to switch market however they want. With a single tweet from Musk dogecoin which is a shitcoin was pumped so heavily so you can imagine the big players who have the funds, time & reach to control the market how easily they can turn the tables.

I don't think it has anything to do with the government because I don't think CDBC are just useless since they are technically centralized.

The $65k or whatever the ATH price was, it was just an illusion and BTC was never meant to go that high because it doesn't make sense. It was just a smart move by big players to create FOMO and force buyers into buying BTC over $50k and now creating FUD to force the same buyers to sell for $15k.

[GeorgeJohn]

Expressing our selves the reasons or while Bitcoin price depreciate in the market, it will be quite wrong from my analysis, but nevertheless, you know before you left cryptocurrency that the market is not stable, so since the market is not stable, theirs every tendency that the price of Bitcoin might go higher or fall beyond expectations, from another way round, the price of Bitcoin can increase through the determination of the demand and the supply, when the demand is greater than the supply it's obvious that the price of Bitcoin will accelerate, but right now the supplies is greater than the demand.

[Oilacris]

I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?

It's all part of the game played by big players with insane amount of funds and ability to switch market however they want. With a single tweet from Musk dogecoin which is a shitcoin was pumped so heavily so you can imagine the big players who have the funds, time & reach to control the market how easily they can turn the tables.

I don't think it has anything to do with the government because I don't think CDBC are just useless since they are technically centralized.

The $65k or whatever the ATH price was, it was just an illusion and BTC was never meant to go that high because it doesn't make sense. It was just a smart move by big players to create FOMO and force buyers into buying BTC over $50k and now creating FUD to force the same buyers to sell for $15k.

If you are really that experienced enough on how this market behaves then you would eventually be able to notice out those things on how big players or simply those whales are really playing on the field.

This is why its not really that ideal or something good for you to contrary on what they would eventually be doing but this wont really be that easy. This is why always be wise on making a move.

Go with the flow and sell out if you do have the chance or something that you are really in greens.Be wise and be aware on what are the things happening
around.Although not all news and events does make out some impact.

[Rahul09]

First as a member who have been on this forum for so longer you should have understood the price of bitcoin and it's movement, get it that bitcoin price increase and decrease is not something new to the system and without this movement there would be no bear and bull you were very lucky to have sold at 2021 at the new ATH. Bitcoin price doesn't really controlled by government but i can partially say it was from recent dust of Luna and FTX, so you are pretty lucky to have it at cheap price again buy and hold.

But if we buy and hold them now, will we have any profit? I mean, luna,Ftx likely to ever be the same again?
I think never. And even if they want to get back to the previous state, it will take them many years. And if you work well in the market without spending time on them, you can get double the profit. So I think it's kind of stupid to keep buying them.

Are you referring to those 2 dead tokens or bitcoin? If you think it's stupid to buy bitcoin from now on, I can assure you that you will never be able to make a profit in this market. The way to profit from bitcoin is to buy low and sell high, and it was the collapse of Luna and FTX that made bitcoin cheap. For me and many others here see it as an opportunity, a rare opportunity to own bitcoin cheaply.

If you invest in bitcoin and choose not to buy it while it is cheap and wait for bitcoin to be high to buy, then I will be the first to thank you. Because you will become our liquidity pool in the next bull season.

I would never say that it is stupid to buy bitcoin now. Because I know that if you want to make a profit by investing in something, you should always try to buy at a low price and sell at a high price. And I was talking about the luna, since it has come down so much that everyone will want to invest here as well. But like Bitcoin, can it return to its previous state in the future? And if Luna wants to go back to the way it was then I think it will take a lot longer.

[xzy887]

I would never say that it is stupid to buy bitcoin now. Because I know that if you want to make a profit by investing in something, you should always try to buy at a low price and sell at a high price. And I was talking about the luna, since it has come down so much that everyone will want to invest here as well. But like Bitcoin, can it return to its previous state in the future? And if Luna wants to go back to the way it was then I think it will take a lot longer.

Investing in Luna now expecting Luna to return to its former state is nothing but foolish. Because Luna is down a lot now and it's hard to know if it will ever come back up like Bitcoin. Even if it wants to come back, it will take a long time. But I think it will be over before then. And at this time if you invest on Bitcoin then you can get more profit.So like a fool, run after Bitcoin now without putting your invested money behind Luna. And if you wait until the end of the bear market then you can make a lot of profit.

[Cling18]

I would never say that it is stupid to buy bitcoin now. Because I know that if you want to make a profit by investing in something, you should always try to buy at a low price and sell at a high price. And I was talking about the luna, since it has come down so much that everyone will want to invest here as well. But like Bitcoin, can it return to its previous state in the future? And if Luna wants to go back to the way it was then I think it will take a lot longer.

Investing in Luna now expecting Luna to return to its former state is nothing but foolish. Because Luna is down a lot now and it's hard to know if it will ever come back up like Bitcoin. Even if it wants to come back, it will take a long time. But I think it will be over before then. And at this time if you invest on Bitcoin then you can get more profit.So like a fool, run after Bitcoin now without putting your invested money behind Luna. And if you wait until the end of the bear market then you can make a lot of profit.

Why would you trust a coin that has ruined the trust of its investors over Bitcoin which is well-established and has shown us great movement for years? The prices might be down right now but it's still worth buying. Bitcoin will always be a good investment despite the market situation. We all know how it could drop down and strike high again in time. There are just many things that affect the market but that doesn't mean that it won't recover again.

[Woodie]

Hi all,my friends
I've been away from cryptoworld for 2 years

Welcome back mate, alot is going on out here..

and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?

Several reasons have negatively affected the price of bitcoin such as the Russia-Ukraine war, Supply and demand at play and since price tanked this could be as a result of low crypto demand, exchange hacks have also contributed to the falling prices but with time markets will be bullish again as this happens quite often unfortunately  

because of the government sticking its nose into this market?

Well this is a 50/50 thing as for some countries like El Salvador the governments involvement has contributed positively to the crypto ecosystem while other govts have denied its people the financial freedom they seek... But in due time everyone will get this freedom.

[Silberman]

Investing in Luna now expecting Luna to return to its former state is nothing but foolish. Because Luna is down a lot now and it's hard to know if it will ever come back up like Bitcoin. Even if it wants to come back, it will take a long time. But I think it will be over before then. And at this time if you invest on Bitcoin then you can get more profit.So like a fool, run after Bitcoin now without putting your invested money behind Luna. And if you wait until the end of the bear market then you can make a lot of profit.

Why would you trust a coin that has ruined the trust of its investors over Bitcoin which is well-established and has shown us great movement for years? The prices might be down right now but it's still worth buying. Bitcoin will always be a good investment despite the market situation. We all know how it could drop down and strike high again in time. There are just many things that affect the market but that doesn't mean that it won't recover again.

It is obvious the people that are investing in luna even now are just taking an unnecessary risk by doing so, they expect that by investing a few dollars now in luna it recovers and they can become millionaires by risking almost no money at all, and while on the surface this may seem like a good plan this is very unlikely to actually happen, so even if the amount they invested is low they are still wasting their money as they will never obtain the benefits they dream about.

[carlfebz2]

Investing in Luna now expecting Luna to return to its former state is nothing but foolish. Because Luna is down a lot now and it's hard to know if it will ever come back up like Bitcoin. Even if it wants to come back, it will take a long time. But I think it will be over before then. And at this time if you invest on Bitcoin then you can get more profit.So like a fool, run after Bitcoin now without putting your invested money behind Luna. And if you wait until the end of the bear market then you can make a lot of profit.

Why would you trust a coin that has ruined the trust of its investors over Bitcoin which is well-established and has shown us great movement for years? The prices might be down right now but it's still worth buying. Bitcoin will always be a good investment despite the market situation. We all know how it could drop down and strike high again in time. There are just many things that affect the market but that doesn't mean that it won't recover again.

It is obvious the people that are investing in luna even now are just taking an unnecessary risk by doing so, they expect that by investing a few dollars now in luna it recovers and they can become millionaires by risking almost no money at all, and while on the surface this may seem like a good plan this is very unlikely to actually happen, so even if the amount they invested is low they are still wasting their money as they will never obtain the benefits they dream about.

People never ever learn, if they do have those bad experiences on shitty projects which causes for them to experience total disaster then why they are still continuing on making out such risky decisions or trying out

to play with fire? Its never been worth honestly, but people do really keep on engaging even its really just too obvious that it is really just been driven by some hype.
When you do step your foot into this market then you should really be that too mindful about taking up risk and making some rush decisions.

Market is something that you cant be able to predict easily with.You would be needing lots of considerations and other stuffs on making things
to be in controlled somehow.

[uneng]

Some possible reasons:

• Saturation of bullish market (end of a cycle). We know a positive trend can't last forever, especially when prices are already too high in a short time period. That is what happened in 2021.
• Scams involving big companies and names of crypto industry. Many investors got scared because even the big companies on this industry aren't able to guarantee safety to customers and their funds. The impunity for scammers is also a big disincentive for investors this time.
• War. This is a double edge sword point: at same time efforts and expenses with war demand more money, it could be also a powerful booster for bitcoin, because donations can be sent to both sides of the war in cryptocurrency. The adoption and usage could be increasing, consequently impacting the market positively. Moreover, sanctions encourage people using crypto to avoid the prohibitions when transacting to foreigner lands.
• Interest rates (economical policies). The FED policy caused a lot of damage to crypto market this year. The constant increasement on interest rates by regulators took big players of crypto market to the traditional market in USA and possibly Europe, because interest rates were also raised there.

[xzy887]

Why would you trust a coin that has ruined the trust of its investors over Bitcoin which is well-established and has shown us great movement for years? The prices might be down right now but it's still worth buying. Bitcoin will always be a good investment despite the market situation. We all know how it could drop down and strike high again in time. There are just many things that affect the market but that doesn't mean that it won't recover again.

I never said Luna wouldn't be Purandhan again. If you look closely you will see that I said Luna is now much lower than before and it will have to wait a long time if it wants to get back to where it was before. And if we wait that time by investing in Bitcoin then we can be more profitable to invest in Bitcoin than luna.No one can say with absolute certainty which coin will go up or down. So what has once gone down can certainly rise again but you cannot tell when it will rise.
But no matter how low Bitcoin goes, it's not quite the end. Everyone has faith and trust in it. So if you ever want to invest then investing on Bitcoin is  best way.