Recently I started to wonder why there was this huge pump at the end of 2017 and the crash of 2018. Where it seems that the Cryptos still not have hit rock bottom. Some think that Futures really can have caused this, yet praise it as they claim that it will make the prices of Bitcoin and the other Cryptos more stable. Which made my eyebrows rise quite a bit.
Hi Brother!! Very interesting to read! I asked, "On what scale will the decline continue?" And another one, "Will this end badly?" Let's predict!😊
Hey sister! Happy to know you appreciate my post.
Well, first answer, the decline will go down to below a market cap of 200 billion USD, I believe.
This is due the ongoing bad news, on a weekly base, influencing the Cryptos market directly. And also indirectly, yet very strongly, from the derivatives gamblers. At least I think that the Crypto derivatives markets will show the signs for this.
Then the doom scenario question... 😱 It would have ended in a worst case scenario if all Free, Open Sourced and Decentralized Cryptos would have gone to ZERO. And all the connected blockchains would have been halted.
To me this scenario is improbable to happen though. But the more of humanity start to use Cryptos the better it is, because it will be harder to control.
Hope we will gain in numbers fast...
Thank you my brother, a logical and sincere reply. Seha really appreciate that. Hope to be happy always! 🙏
It is my pleasure Seha. Best of luck to you.