Is there still future for growth in bitcoin and crypto?

[Humblevirus]

I don't know why some people are talking negatively about Bitcoin and crypto just because of this bear market. Despite I am newbie with little research I still believe there is still future growth for Bitcoin and crypto generally.

Have Bitcoin and other cryptocurrencies' underlying principles changed?

Has the technology behind bitcoin and other big coins undergone any negative changes?

Comparing this bear market to the previous bear market, has adoption progressed down?

Are Bitcoin's and Crypto's use cases decreasing at all?

Are big businesses and institutional investors abandoning Bitcoin and cryptocurrencies?

To tell all of the following if the majority of your questions were no. In general, you would be right.

There is opportunity and no indication that growth will slow down.

But remember to evaluate the risk, and how much risk you can tolerate. And stop panicking the bear market it is just for a short-term.

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[Renampun]

...
Have Bitcoin and other cryptocurrencies' underlying principles changed?

since it was first circulated - until now, Bitcoin has never changed. only altcoins have continued to be modified to be perfect but in fact, it has never been like that lol.

Has the technology behind bitcoin and other big coins undergone any negative changes?

blockchain technology and cryptography never do bad things, both make the world better!

Comparing this bear market to the previous bear market, has adoption progressed down?

I see a lot of countries and cities starting to adopt bitcoin as a payment, hence an issue about declining adoption - totally not true.

Are Bitcoin's and Crypto's use cases decreasing at all?

no, it's getting increasing day by day!

Are big businesses and institutional investors abandoning Bitcoin and cryptocurrencies?
...

if you look more broadly then big companies and also investors are very concerned about bitcoin and cryptocurrency, the majority of them see bitcoin and crypto is the future and very tempting.

[coupable]

Have Bitcoin and other cryptocurrencies' underlying principles changed?

Has the technology behind bitcoin and other big coins undergone any negative changes?

Comparing this bear market to the previous bear market, has adoption progressed down?

Are Bitcoin's and Crypto's use cases decreasing at all?

Are big businesses and institutional investors abandoning Bitcoin and cryptocurrencies?

The year 2022 may be the worst in the history of crypto due to the successive crises of successful hacking attempts and wholesale thefts, the latest of which happened to the FTX platform, which affected the entire market due to the impact of a large number of services that were associated with it or in a cooperation agreement with it.
Unfortunately, users do not know that this is not the first time that this has happened, and that crises have continued since the emergence of crypto. Therefore, they do not know that this market is able to overcome its crises because it is practically not subject to any central authority. They also do not know that the crypto market is an emerging market and naturally it is an active field for scammers.

[Mr.right85]

What do you think?
Was bitcoin meant for the institutions or for the masses that fills our world.
The institutions as we have it today are simply taking there chances as they should. Bitcoin of the moment is some huge investment to those who know and they try to exploit it for its benefits. Most of us practicing holding arr guilty of that and its cool.
Pulling out to get your ROI isn't anything bad as well for most of them. At least, it dumps it and creates a buying opportunity.

The fat still remains that, people would buy and the next thing, its back to being bullish. It has happened several times and we've always got our bitcoin each time.

[DeathAngel]

Bitcoin & even crypto have a very big part to play in the future of finance. If you look at what Central Banks have been doing, printing fake money, inflating the supply, you will see that there is room for other forms of payment. Governments actions have allowed sickening inflation numbers, they are stealing from you.

The powers that be will fight us but cryptocurrency is going nowhere. You can protect your future & your purchasing power by buying digital property, bitcoin.

[kawetsriyanto]

The year 2022 may be the worst in the history of crypto due to the successive crises of successful hacking attempts and wholesale thefts, the latest of which happened to the FTX platform, which affected the entire market due to the impact of a large number of services that were associated with it or in a cooperation agreement with it.

Why 2022 is the worst?
If Bitcoin really reaches $100k in 2024-2025, I thought everyone will say "2022 was the best year for buying crypto".
We only think 2022 is the worst year because the bearish isn't over, while there are many cases to happen. But these cases give some big lessons to every people, we become smarter and more careful to manage our crypto assets. Also, because these cases lead to more drops in crypto prices, we can take advantage to buy at lower prices. Do you realize these, mate?

Bitcoin & even crypto have a very big part to play in the future of finance. If you look at what Central Banks have been doing, printing fake money, inflating the supply, you will see that there is room for other forms of payment. Governments actions have allowed sickening inflation numbers, they are stealing from you.

Since it doesn't happen yet, we can't claim that crypto has a big role in future finance. But I agree that crypto makes the government and every party improve the world finance system. Crypto is more transparent, faster in transactions, and has cheap transfer fees. These things become a reference for a better financial system in the future.

IMO

[Sandra_hakeem]

Yes...
There's still alot of hope for the future to this impeccable finance theorem.
There's nothing that is happening today that hasn't happened already...maybe, countless times in the past and peeps back then were able to sail through 'em. The deterioration in value of BTC over time, which is termed as the DIP, ain't happening for the first time, neither is it gonna stop happening.... This actually gives rookies some time to join the moving train, just so they could be carried along swiftly.... I Know how the pressure is when it gets to this point, so the bulls will just have to pull out whatever value the had innit and it keeps going down...but ofcourse as I said; it all happens in a stipulated time (it's not exact though) but the whole advancement(either ways) are predetermined by the increase in demand, availability and bull's logical antipathy.

Sandra 🧑

[Anguwa]

I don't know why some people are talking negatively about Bitcoin and crypto just because of this bear market. Despite I am newbie with little research I still believe there is still future growth for Bitcoin and crypto generally.

Have Bitcoin and other cryptocurrencies' underlying principles changed?

Has the technology behind bitcoin and other big coins undergone any negative changes?

Comparing this bear market to the previous bear market, has adoption progressed down?

Are Bitcoin's and Crypto's use cases decreasing at all?

Are big businesses and institutional investors abandoning Bitcoin and cryptocurrencies?

To tell all of the following if the majority of your questions were no. In general, you would be right.

There is opportunity and no indication that growth will slow down.

But remember to evaluate the risk, and how much risk you can tolerate. And stop panicking the bear market it is just for a short-term.

In this life, criticism is a constant, whether it is directed at good or bad things. There are those who disagree with how Bitcoin is developing on a global scale, but Bitcoin remains at the top because, in contrast to other cryptocurrencies, it has a distinct and transparent future that will keep it moving forward no matter what people think. I would like to add more investments to my portfolio during this bear market in order to increase my profits.

[m2017]

Has the technology behind bitcoin and other big coins undergone any negative changes?

blockchain technology and cryptography never do bad things, both make the world better!

There is no bad or good tool, but it may turn out that this tool will fall into bad hands and then it can be used for harm. For blockchain technology and cryptography everything will depend on how it will be used by mankind. Let's see what will happen.

Comparing this bear market to the previous bear market, has adoption progressed down?

I see a lot of countries and cities starting to adopt bitcoin as a payment, hence an issue about declining adoption - totally not true.

Bitcoin adoption is gradually continuing. Step by step, more countries and cities are joining this. This process is not fast enough to attract much attention, but it continues.

Are big businesses and institutional investors abandoning Bitcoin and cryptocurrencies?
...

if you look more broadly then big companies and also investors are very concerned about bitcoin and cryptocurrency, the majority of them see bitcoin and crypto is the future and very tempting.

The funny thing is that some of the big companies that used to say bitcoin was bad are now talking about it differently. Now, as they say, they see the future and new opportunities in this. Actually, that's exactly what it is.

[348Judah]

Have Bitcoin and other cryptocurrencies' underlying principles changed?

Yes with cryptos and no with bitcoin, there have been alot of cryptocurrencies that have presented hardships on it investors by not maintaining their stand but only manipulate and fake things for investors to have interest in their scam project which only exist for a while, but nothing has change about bitcoin consensus protocols with blockchain while other cryotos are centralized currencies with inconsistency most times.

Has the technology behind bitcoin and other big coins undergone any negative changes?

No, bitcoin hasn't but altcoins have done many implementation that has affected their reputation with varieties of changes, you can check PoS to confirm those under it.

Comparing this bear market to the previous bear market, has adoption progressed down?

Bitcoin adoption has always been increasing since this is just high volatility season for bitcoin a d a normal thing that has always been.

Are Bitcoin's and Crypto's use cases decreasing at all?

This is same with the previous question you asked, bitcoin has always been edged over other cryptos, recent event prompt many to withdraw their asset from CEX and convert them to bitcoin.

[blockman]

Are big businesses and institutional investors abandoning Bitcoin and cryptocurrencies?

No.
They're even more interested in bitcoin because we're about to hit again another halving within 2024 and they know the impact of it. They might be abandoning some due to the collapse of FTX and other projects connected to it.
But, it is for sure that they're not abandoning bitcoin and many of them are starting to be visible in the market unlike before, there were too many against it and told a lot of fud.

[coupable]

The year 2022 may be the worst in the history of crypto due to the successive crises of successful hacking attempts and wholesale thefts, the latest of which happened to the FTX platform, which affected the entire market due to the impact of a large number of services that were associated with it or in a cooperation agreement with it.

Why 2022 is the worst?
If Bitcoin really reaches $100k in 2024-2025, I thought everyone will say "2022 was the best year for buying crypto".
We only think 2022 is the worst year because the bearish isn't over, while there are many cases to happen. But these cases give some big lessons to every people, we become smarter and more careful to manage our crypto assets. Also, because these cases lead to more drops in crypto prices, we can take advantage to buy at lower prices. Do you realize these, mate?

The year 2022 witnessed the fall of many major players in the field of crypto, including trading platforms, the latest of which was the FTX platform, which collapsed early last month, November, and even networks such as LUNA, which also collapsed a few months ago after one of them succeeded in hacking the network.
On this chart, there is a breakdown of many disasters that occurred over the past year, but they do not include successful hacking attempts, which did not result in significant damage :

[Welsh]

Businesses will always be wary of Bitcoin for as long as it's volatile. That should change given enough time, as Bitcoin has less block rewards, more people using it, and therefore the volatility not being so extreme. People will also tire from the constant inflation they're battling against, and the constant recessions so people will eventually be looking for an alternative, and Bitcoin being deflationary by design makes a lot of sense.

In short though, when the volatility decreases, adoption will increase. While it remains volatile, we'll have a lot of speculative investors, and therefore a lot of panic, not a lot of adoption from the bigger businesses around the world.

[Finestream]

Bitcoin & even crypto have a very big part to play in the future of finance. If you look at what Central Banks have been doing, printing fake money, inflating the supply, you will see that there is room for other forms of payment. Governments actions have allowed sickening inflation numbers, they are stealing from you.

The powers that be will fight us but cryptocurrency is going nowhere. You can protect your future & your purchasing power by buying digital property, bitcoin.

I’d say rather bitcoin is the future. So we should learned to take advantage on every opportunities on hand that will make us accumulate and store bitcoin. And while others are into fiat investments and altcoins panic buying too, the best is to focus on bitcoin. The current bearish market will never stay for good, so there’s always hope for us to see the good things to happen with bitcoin and cryptocurrency. There is a bright future waiting ahead, especially for bitcoin.

[Kelvinid]

I don't know why some people are talking negatively about Bitcoin and crypto just because of this bear market. Despite I am newbie with little research I still believe there is still future growth for Bitcoin and crypto generally.

Despite the day-to-day challenges of Bitcoin, we still see the bright future of Bitcoin. We have faith...
What you have heard ( negative) is a part of crypto development. Criticism gives way to leading these people to the wrong path and skipping away from opportunities that they will regret.

Have Bitcoin and other cryptocurrencies' underlying principles changed?

Nothing has changed. The volatile nature of the market remains and we keep seeing the up and down of prices, and the risk - all are natural.

[tech30338]

ever since bitcoin was release and the price gone up, people always tell its a scam, that the price is going to zero, 12+ years later they are still throwing stones to bitcoin but here we are still standing, i just think that bitcoin is here to stay, no matter what they say in fact, those people who are saying its going to zero are one of us, they are just feeding on fear of others just to get more bitcoin, while others have little knowledge of what really blockchain is that they are using it in their daily lives, it sudden me that people forget to know better of things, and just say something about it, without proof, but they will know it when its too late, good for us.

[Eureka_07]

<snip>

Do you know that it has been said in the past that computer softwares doesn't have/cannot be upgraded in the future as from that time, they thought that software systems are already on its peak. But look at softwares nowadays, it has improved a lot.
It's the same thing with Bitcoin and other crypto. The thing is, there's a good chance that humanity won't be able to attain the highest potential of technology.
Do not think that technological advancement is limited

Given that, of the other unmentioned specific reasons, I highly believe that Bitcoin has a great future ahead, so does it's value.

[Wakate]

You need to understand how the market moves so that whatsoever anyone is doing whether negatively of positively would not make you see the market from another perspective. We can't change the market movement or our actions to make the market to stop moving. We can only predict the market which is not always that accurate.

I don't know why some people are talking negatively about Bitcoin and crypto just because of this bear market. Despite I am newbie with little research I still believe there is still future growth for Bitcoin and crypto generally.

Despite the day-to-day challenges of Bitcoin, we still see the bright future of Bitcoin. We have faith...
What you have heard ( negative) is a part of crypto development. Criticism gives way to leading these people to the wrong path and skipping away from opportunities that they will regret.

Have Bitcoin and other cryptocurrencies' underlying principles changed?

Nothing has changed. The volatile nature of the market remains and we keep seeing the up and down of prices, and the risk - all are natural.

Volatility is a normal thing that moves the market whether to the bull side of bear side. What we need to be doing now is to buy and left the negativity to people that cares about it. This is a one time opportunity for us to buy and hold in respective whether the market will still go downward or upward.

[Ryker1]

Are big businesses and institutional investors abandoning Bitcoin and cryptocurrencies?

No.
They're even more interested in bitcoin because we're about to hit again another halving within 2024 and they know the impact of it. They might be abandoning some due to the collapse of FTX and other projects connected to it.
But, it is for sure that they're not abandoning bitcoin and many of them are starting to be visible in the market unlike before, there were too many against it and told a lot of fud.

Well that is exactly right --I did not even hear about the El Salvador government selling the bitcoin that was purchased this year and the other year. So possible they are still holding it right now and waiting for a chance to have their targeted profit.
Bitcoin has been tested so many years in the past history --which is most people now do store the value of bitcoin instead of using it as a peer-to-peer payment transaction.

[2double0]

OP, your thread sounded to me like it is saying as if crypto is dead again? It has died and revived many times before and there have been reasons for both, the price appreciation as well as dumps. Instead of getting bothered about the growth of Bitcoin and crypto, you should consider it an opportunity to buy btc cheaper now and also invest in some good projects with the potential to rise in the future. People said we will buy btc below $20k when it was $65k, and are now skeptical about its future?