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The Crypto Party Is Over

• darthrupert 4y ago
  Until it restarts again a little while later. Tide goes in, tide goes out.
  • djohnston 4y ago
    "Can't explain that"
  • IdEntities 4y ago
    Throughout bitcoin's entire existence, the Federal Reserve and central banks globally have been in a posture of monetary easing and accommodation. There may be some reason to believe this crypto winter will be deeper and longer than the prior ones, and that the absurd heights of Ponzi speculation that were reached this time will not be seen again for a long time, if ever.
    • mountainriver 4y ago
      Yes the crypto bubble was partly fueled by free money. It is yet to be determined if it will be able to reach the same highs as before
• pestatije 4y ago
  And the stock party, and the housing party
• webmaven 4y ago
  People have been trying to force cryptocurrencies and related ideas like DAOs into a "Web3" framing, but what I see is that "Web3" was really "Crypto I", and I predict that now that the bubble has popped we'll (eventually) see some "Crypto II" services and businesses that provide real value emerge from the rubble.