ponzi, will go to 0

(June 14, 2022, 06:55 AM)richgiants00x Wrote: Some say that crypto crashing is bad for business - but will holding on be good? I just think that it won't be all that bad - it might clean out bad coins and leave the good. I will hold mine to see what happens.

I wonder if the ransoms will go up for that business.

I mean it depends on the person, for people like me it wouldnt be that bad but for other people that invest like millions into crypto it would be fatal

(June 14, 2022, 06:55 AM)richgiants00x Wrote: Some say that crypto crashing is bad for business - but will holding on be good? I just think that it won't be all that bad - it might clean out bad coins and leave the good. I will hold mine to see what happens.

I wonder if the ransoms will go up for that business.

Maybe one day Crypto Crash would be good. But right now its bad.

(July 25, 2022, 08:24 PM)Worm Wrote:

(July 25, 2022, 02:40 PM)buunn5553 Wrote:

(July 21, 2022, 02:40 PM)Worm Wrote:

(July 20, 2022, 07:22 PM)Finkenstein Wrote:

(July 19, 2022, 06:37 PM)whatawonderfulwr Wrote: Crypto is absolutely not the future of economics. All of cryptos value comes from being able to price it to fiat currency like the dollar. It will always just be a speculative asset even if the government doesn't outright ban it all eventually.

I stand corrected, thank you! Yes, what I meant to say actually is... I believe blockchain technology, developed and tested by crypto, is the future of holding digital assets and property, crypto is indeed a gambling casino for speculators for the most part, I think is a better description of my thoughts...

This isn't totally true. People use bitcoin and monero to purchase actual commodities not just speculate and just because the US dollar is hegemonic doesn't mean it always will be and that would mean that bitcoin would become hegemonic and gain stability but that is unlikely, but, people use monero and bitcoin to make purchases online all the time.

cryptocurrency is the only deflation instrument on the market. with all that QE from US and EU it makes sense in theory

Yeah but people using it as a speculators asset is what is counter acting that. The real issue is that exchanges exist and basically are used by normies as a casino and on top of that "Crypto" only exists because of that meth addict Vitalik Buteran who is probably a CIA plant too who created the fucking Etherum cancer network which is responsible for amazing useful coings like "HarryPotterObamaSon10inu" and is , totally, not responsible for the crypto casino that exists today, nope. If people actually took the time to understand how Bitcoin and XMR work and how to store their funds on their own wallets we wouldn't be seeing the speculation we are now because it would still be more niche and tech oriented. Wine moms shouldn't really know what bitcoin is.

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(July 24, 2022, 05:01 PM)iqjanabee Wrote: Decentralization is the new trend of development.

"The old world refuses to die as the new world struggles to be born. Now is the time of monsters"

Can you guys where we are right now in that sentence?

Etherium is a smart-contract platform and is the new age of internet. The most advanced and most adopted platform can have it's lows as shitcoins you stated, but it's not far from penny-stocks of a stock market which non-arguably is a mature technology. i should refer you to the Gartner hype cycle to check where wine-moms are right now with there understanding of what cryptocurrency really is.

Good if you wanna buy new or used graphic card, prices are going down.

Of course it's good. You can grab more for a better price. Plus it's healthy for the overall growth of the industry. I'd say it is even coming a bit late, if we look at the pattern of the previous crashes.

(June 14, 2022, 06:55 AM)richgiants00x Wrote: Some say that crypto crashing is bad for business - but will holding on be good? I just think that it won't be all that bad - it might clean out bad coins and leave the good. I will hold mine to see what happens.

I wonder if the ransoms will go up for that business.

I thought from the start since I knew of Crypto (2013) that it was just bad to have crypto so I wasnt suprised that it was dead in the past few months.

dussy

it's not just crypto all the markets are down

The market has been way overvalued. There's so many shitcoin projects out there and the uptrend was too parabolic since covid in both crypto, stocks, comodities etc.
I believe the cryptoindustri still has a future tho. During the comming years it will continue to grow and become more and more adaptable to the real world. It will probably fall lower than the current levels imo however.