Master Don Juan
- Sep 22, 2006
- Reaction score
- New England
I understood crypto well enough. I read the UMLs and studied the source code plenty. I also understand bubbles too and that human behavoir doesn't change. And now after the dust has settled, the bubble was exposed for what it was.People don't understand that crypto puts power back into your hands. They are too programmed to be reliant on government and corporations doing everything for them while they are secretly being sold out in the shadows. Shedding light for the new comers into the space about the benefits of crypto or even converting some of the detractors (like the ones in this thread) help the freedom movement greatly. I was a detractor at one point as well but once we convince these detractors and get them on board as champions, the space will grow that much faster.
Because it was a bubble and people invested on emotions and not using a rational process. This was a classic mania in every sense of the word, and they always end with an implosion. The data has now confirmed it. Do you still have this stance on the space?Explain to me why the crypto economy is going to implode when institutional money isn't even in yet.
I know a guy at work who was all in on these things at the beginning of the year. I am not sure he has immediate family, but I know he had a meaningful amount in the space. To think that he is down these types of %s across the board is not a good thought. But part of it is because of biased, subjective opinions on the space by people with no experience, and no willingness to be objective at all. Everyone has to be responsible for their own investments but I also believe people should be responsible for the "advice" they dispense on public forums. Can we safely say people here were acting responsibly?