231
Is Crypto Finally Dead?
(beehaw.org)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 19 Jun 2023
231 points (100.0% liked)
Technology
37705 readers
91 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
Crypto scams burnt up all their market, i.e. pretty much everyone who was going to get into the crypto bubble, did. You can tell because crypto went mainstream, buying stadiums and advertising through Matt Damon.
So when the bubble burst that time, there's no one left to start a new bubble with.
I still know permabulls that at least say they are buying with every paycheque. I doubt there are enough dollars doing that to keep the price afloat, if I were a whale I'd probably be selling, personally.