Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Master107 on June 23, 2022, 09:52:58 AM
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We already witnessed how Bitcoin behave and able to recover from dump condition to increase position as everything's possible even in the midst of hopeless momentum. If we see Bitcoin at the top, we might see next the dump position. Same goes when it is on downtrend, uptrend might be the next position. Given the fact where Bitcoin is, there's altcoins.
However, this time the world seems different. There's a circumstances that may affect Bitcoin, Ethereum and some altcoins price like wars, global warming, world economic and pandemic.
Are we going to see positive effect or negative effect soon?
Share with us your Bitcoin and Ethereum point of view during this downtrend moment...
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We are now in the crypto winter and it can be taking a lot of time before the market will eventually recover and be back to where it was a year ago. For sure, there will be many platforms that will be changed because of this downtrend seasons as their vulnerabilities or weaknesses can be exposed. Still, we should remain positive and continue on supporting the industry in whatever manner we can.
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We already witnessed how Bitcoin behave and able to recover from dump condition to increase position as everything's possible even in the midst of hopeless momentum. If we see Bitcoin at the top, we might see next the dump position. Same goes when it is on downtrend, uptrend might be the next position. Given the fact where Bitcoin is, there's altcoins.
However, this time the world seems different. There's a circumstances that may affect Bitcoin, Ethereum and some altcoins price like wars, global warming, world economic and pandemic.
Are we going to see positive effect or negative effect soon?
Share with us your Bitcoin and Ethereum point of view during this downtrend moment...
There are no promises or guarantees that either Bitcoin or any altcoin will go on a positive or negative trend. We may not know what will happen to the price tomorrow, in the next few days, weeks, months or so. Without warning, anything could happen in the crypto market nowadays.
Not all circumstances in the world today are making crypto market as one-sided. If you look at the COVID-19 pandemic lockdown that began in 2020, it’s not always for Bitcoin to go down. Instead, the market got bullish for most of 2020 and 2021.
No matter if we are in a bear market right now, my stand on Bitcoin and Ethereum would be always bullish. I already have DCA’d with BTC since May 2022 and I am planning to add ETH for DCA if I have additional funds to spare every month.
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We are already seeing the outcome of these misfortunes. Covid and wat ate brewing a nasty tasting concoction that is bad not just for crypto, but the whole world economy. But crypto is holding its own, though it lost quite a huge slice of its market cap. More than 50% went down the drain
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Bitcoin and ethereum are both considered popular cryptocurrency at the moment, the impact of bitcoin can be seen on the whole altcoin currency.
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I agree that we have entered a downtrend, so BTC & ETH will be the best choice for long-term investors at the moment. New projects like NEAR, Solana, Cosmos or Avalanche can become dead projects like EOS, NEO, Cybermiles, Credits in 2017. BTC is the king of crypto, and ETH leads the development trend of blockchain, we should focus 75% of the portfolio on them.
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Bitcoin and ethereum are both considered popular cryptocurrency at the moment, the impact of bitcoin can be seen on the whole altcoin currency.
You're right, bitcoin have impact to altcoin, include Ethereum too.
Because bitcoin is the King of crypto currency and always good for hold, yeah.
I hold for long term.
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Bitcoin performance always being centered that will always influence Ethereum and other crypto.
I agree with this opinion, it's fact.
I think Both will recover and touch ATH after bitcoin halving
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Regardless of all those world issues you mentioned, I believe that Bitcoin is still staying its normal cause in the sense that, there are two ways to this market, either up or down, and as you have already alluded to, if it goes up then the next step would be followed by a downtrend and vice versa, however, how long it takes for recovery is unknown but I believe both coins have great value that has enabled them to dominate and influence the market and will definitely recover in due cause.
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Definitely we do believe recovery is always possible and it is true base on Btc graph and cycle. Good time to invest and hold potential top coins. Risky for some but golden moment for others that are able to buy some more at this current market condition.
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I think we aren't at the bottom yet. Sure, BTC $19k is a strong support, but it will break eventually. We will see sideways with $10k - $15k range for a long time if the $19k break, and then bottom. Now, I'm trying to save in fiat to get access to cheap BTC & ETH in a few months. Crypto isn't a hedge, but a high-risk investment. Therefore during this recession, it's not good to hold crypto imo.
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Ethereum and Bitcoin both are very good coins but Bitcoin is the king of crypto so my advice is that anyone invest in cryptocurrency in that time market is down .
so according to my experience invest in Bitcoin because its a very powerful project and its concept and there users are miximum.
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My money is on Ethereum for the larger % gains in the next run. Far more utility and use case.
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My money is on Ethereum for the larger % gains in the next run. Far more utility and use case.
Totally agree with you. The completion of the two-year update of the Ethereum network is scheduled for September 19, and we can already observe the success of this event. Over the past week, the price of this coin has increased by 31 percent, while Bitcoin has only risen by 11 percent during this time. Investing in ethereum is now much more preferable than in bitcoin. At least in the short and medium term.
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Ethereum and Bitcoin both are very good coins but Bitcoin is the king of crypto so my advice is that anyone invest in cryptocurrency in that time market is down .
so according to my experience invest in Bitcoin because its a very powerful project and its concept and there users are miximum.
Bitcoin is the King of crypto currency and ethereum is the queen of crypto currency.
I think Both at ethe biggest community of crypto.
No worries about both
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Definitely we do believe recovery is always possible and it is true base on Btc graph and cycle. Good time to invest and hold potential top coins. Risky for some but golden moment for others that are able to buy some more at this current market condition.
I think every business has risk.
Maybe several people do short term investment than hold for long term.
That's normal.
I also believe the crypto market will recover again.
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Ethereum’s imminent transition to a proof-of-stake consensus mechanism will transform its monetary policy,
potentially making ETH more scarce than Bitcoin.
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In my opinion, it is not new that some of the world don't like Bitcoin and other cryptocurrencies. many certain parties always try to take down down crypto with so many FUD spread, moreover about Bitcoin. Bitcoin is more than it with its exact value, more peope try to make it fall, in fact this will survive and go higher again. so, nothing to doubt with Bitcoin.
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In my opinion, it is not new that some of the world don't like Bitcoin and other cryptocurrencies. many certain parties always try to take down down crypto with so many FUD spread, moreover about Bitcoin. Bitcoin is more than it with its exact value, more peope try to make it fall, in fact this will survive and go higher again. so, nothing to doubt with Bitcoin.
Yeah, what distinguishes bitcoin from others is that no one can control it except the seller and the buyer. Moreover, transparency is more real and transactions can be seen by anyone. So it can be said that this is an important point of bitcoin's advantage over the others.
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Definitely we do believe recovery is always possible and it is true base on Btc graph and cycle. Good time to invest and hold potential top coins. Risky for some but golden moment for others that are able to buy some more at this current market condition.
I think every business has risk.
Maybe several people do short term investment than hold for long term.
That's normal.
I also believe the crypto market will recover again.
Of course no doubt that crypto market will recover again. No other way from bearish than to bullish. Though somehow it takes time but the patience will be worth it once greater pump occur. Either long term or short term investment the important is we take some profit sooner or later. Risk is part of life.
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Not everyone is ready to wait several years for the market to recover, although many of us are ready for even deeper drawdowns.
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Not everyone is ready to wait several years for the market to recover, although many of us are ready for even deeper drawdowns.
I agree. There would be a chance that we will decide to give up holding tokens for a long time particularly once we are badly in need financially. How I wish to still hold potential tokens during bearish. So taught season to mold and develop each crypto beginners.
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Are we going to see positive effect or negative effect soon?
This is not new in the crypto world.
We have seen how Bitcoin, Ethereum, and also other cryptocurrencies behave in the market. How they are in the bearish time and also how they are in the bullish era.
This market maybe not be easy, but this is the cycle that we must face, not to worry, but to prepare in every market condition.
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On August 5, Elon Musk said that the peak of the current inflation has already been passed and the economic situation in the world will improve, and at the same time the prices of risky assets will rise, including in the cryptocurrency market. Well, it may well be. The bearish period has been going on all this year, at the same time, we are not seeing any bad news for the cryptocurrency. I do not think that the growth will be in the summer, most likely, already with the onset of autumn, and the successful completion of the update in the ethereum network, which is scheduled for September 16, can significantly speed up this process. Therefore, I even expect that the price of ethereum will outpace the increase in the price of bitcoin in percentage terms.
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We always see bearish and bullish every four years.
i that it's not new thing.
In my view, I think we will see long bearish until 2023.
But we will see several bullish.
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Bitcoin support price has been reached at $18,500 usd and currently the price is slowly rising to close to $25k usd, the bearish trend has been seen since the war and global economic shocks, there are many new challenges outside of crypto that can lower Bitcoin and ethereum prices, the FED has an influence important because the interest rate policies they create can affect the market
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Bitcoin is playing with the emotions of newbie traders as of now, which looks like the market is highly manipulated by whales, they are moving the market according to their own wish and profitability and trapping new traders , who ends in losing money and hope in this bear
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Apart from the war there are several effects that make the decline in crypto prices different from the previous bearish phase such as high inflation which has an impact in several countries. maybe market conditions will be more extreme due to this crisis and make investors panic
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We already witnessed how Bitcoin behave and able to recover from dump condition to increase position as everything's possible even in the midst of hopeless momentum. If we see Bitcoin at the top, we might see next the dump position. Same goes when it is on downtrend, uptrend might be the next position. Given the fact where Bitcoin is, there's altcoins.
However, this time the world seems different. There's a circumstances that may affect Bitcoin, Ethereum and some altcoins price like wars, global warming, world economic and pandemic.
Are we going to see positive effect or negative effect soon?
Share with us your Bitcoin and Ethereum point of view during this downtrend moment...
I think we always see this condition because It's circle every four years.
So ,., No worries about bitcoin Ethereum or other crypto.
For now but and hold is the best way to do.
Keep calm and always monitor the market.
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Bitcoin is still struggling now, because bearish season.
Etehreum too.
I think we should hold, if we have potential coin.
It will happen until 2024.
That's no way to do now, just bunand hold or do daily training when the market grow
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Currently the market is going through a market phase, however today bitcoin and ethereum have seen a correction and this week has registered a growth of 7.29%. In the coming time, their prices will increase further.
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We all know both Bitcoin and Ethereum are the top gem of the crypto market. These both always bounce back more aggressively after the bear market. Current market conditions will be improved sooner or later. Some countries are imposing huge taxes on cryptocurrency earnings. I hope most of the countries will legalize cryptos after implementing some strict rules and I am positive about cryptocurrency adoption or usage in the future but there will be some strict rules and regulations for the usage of cryptos by most of the countries.
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Bitcoin is still struggling now, because bearish season.
Etehreum too.
I think we should hold, if we have potential coin.
It will happen until 2024.
That's no way to do now, just bunand hold or do daily training when the market grow
Indeed, the market does not seem to be recovering in the near future because there is no indication whatsoever to be sure that the bearish season will soon pass, but optimism will always accompany the halving period and that is the hope we will wait for.
now is to wait and if you have more funds that are not used of course it is an opportunity to increase your savings on bitcoin, ethereum, bnb and the best ranked coins at the moment.
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ETH is the leader of the cryptocurrency market in any case and the queen, like in chess.
If Bitcoin is capable of processing 4 transactions per second, then Ethereum is already 20 transactions per second. But the main difference between Ethereum and Bitcoin is smart contracts, which simply do not exist in the Bitcoin blockchain.
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Bitcoin is chosen for other reasons. no one pays them, but as a reliable tool for saving funds, which has passed the test of time, it copes perfectly.
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Bitcoin is chosen for other reasons. no one pays them, but as a reliable tool for saving funds, which has passed the test of time, it copes perfectly.
Yeah, I think bitcoin and Ethereum is good asets to save our funds.
But we should do at the right time to buy and sell.
as current market is bearish, It's good time to buy and hold.
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Bitcoin is the first cryptocurrency to exist in the entire crypto industry. With that title, bitcoin has multi-billion people who help increase its price and keep the ecosystem standing. Traders always look at bitcoin before buying or selling their altcoins, this is something that then affects the entire market including ethereum.
However, with more and more projects joining the ethereum ecosystem, this further strengthens ethereum's position as a second bitcoin so that sometimes the price of ethereum acts on its own without following bitcoin.
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Bitcoin is chosen for other reasons. no one pays them, but as a reliable tool for saving funds, which has passed the test of time, it copes perfectly.
Bitcoin has not been significantly updated for too long and there is no hope that this will change in the near future, since there is no single cohesive team behind it. Therefore, bitcoin will gradually lose its importance in the cryptocurrency market. At the same time, ethereum will strengthen its position in view of the recently completed grand network upgrade. In this regard, after a certain time, ethereum or another more advanced cryptocurrency may become the leader of the cryptocurrency.
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Bitcoin is the king of crypto. On the other hand, Ethereum is the queen of crypto. Everyone believes in them wholeheartedly. For this reason it is the most famous currency of crypto. Even the smallest investor does it invest. and gets profits.
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Bitcoin is chosen for other reasons. no one pays them, but as a reliable tool for saving funds, which has passed the test of time, it copes perfectly.
Yeah, I think bitcoin and Ethereum is good asets to save our funds.
But we should do at the right time to buy and sell.
as current market is bearish, It's good time to buy and hold.
Yes of course. Those coins are lucrative on its bullish season. However, during bear and recession time, these coins are not exempted to experience bloody difficult scenario where global inflation take place. All countries are subject to face the challenge and overcome it with smart solution to maintain economic development and growth if possible.
Bitcoin and Ethereum are also seasonal investment. During bear good to buy, when pump good to sell.
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bitcoin and ethereum are good as an investment for a long term from 5-10 years and above. Those who want to make money on the bull market by buying high-risk staying in a deep drawdown or freeze their funds for a long time.
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We may not know what the price will do tomorrow, but we can be certain that Bitcoin or any altcoin will increase or decrease in value over the next few days, weeks, or months. In today's cryptocurrency market, anything can happen at any time. However, I believe that the high value of both coins has allowed them to dominate and influence the market, and that they will recover in due course.
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All cryptocurrencies in which you want to invest your money will be suitable for a long-term investment, especially now the most popular technology is NFT cryptocurrency.
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All cryptocurrencies in which you want to invest your money will be suitable for a long-term investment, especially now the most popular technology is NFT cryptocurrency.
TBH , I'm not NFT enthusiastic.
bUt also invest in several NFT for gaming coins.
But I agree with you, crypto especially top 10 coins are good for long term investment.
By seeing the bitcoin progress, crypto will be more expensive at the coming future.
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We already witnessed how Bitcoin behave and able to recover from dump condition to increase position as everything's possible even in the midst of hopeless momentum. If we see Bitcoin at the top, we might see next the dump position. Same goes when it is on downtrend, uptrend might be the next position. Given the fact where Bitcoin is, there's altcoins.
However, this time the world seems different. There's a circumstances that may affect Bitcoin, Ethereum and some altcoins price like wars, global warming, world economic and pandemic.
Are we going to see positive effect or negative effect soon?
Share with us your Bitcoin and Ethereum point of view during this downtrend moment...
In my opinion, now the bear market will finished and bull market will be start. No one give the clear answer of that Bear Market finished and bull market will be start because no one predict the price of bitcoin and Ethereum and also next position of its price.
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The bull market will not start just like that. There is a lot of uncertainty in geopolitics, the global economy and the raising of rates, fraud with large exchanges and the loss of confidence of institutional investors.
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The bull market will not start just like that. There is a lot of uncertainty in geopolitics, the global economy and the raising of rates, fraud with large exchanges and the loss of confidence of institutional investors.
It's bearish season mate, and we know about wordl economic.
We will see inflation at the next year.
It's about prediction.
But hopefully it won't happen.
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I agree that we have entered a downtrend, so BTC & ETH will be the best choice for long-term investors at the moment. New projects like NEAR, Solana, Cosmos or Avalanche can become dead projects like EOS, NEO, Cybermiles, Credits in 2017. BTC is the king of crypto, and ETH leads the development trend of blockchain, we should focus 75% of the portfolio on them.
Yes you are right bitcoin and eth leads all cryptocurrecnies . if you want to make still profit from it so you can Futures and make trade on sell .
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Its interesting how cryptocurrencies have faced in these periods. A lot of bearish downturn stimuli are visible. These include the Russian-Ukraine war, the meltdowns from FTX, Luna etc all within a calendar year and you have really worrying occasions. However cryptocurrencies is still standing, albeit propped up
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We all understand that the two most valuable cryptocurrencies on the market are Bitcoin and Ethereum. Each time a bear market occurs, these two always recover more quickly. Things will become better on the market right now. We all understand that the two most valuable cryptocurrencies on the market are Bitcoin and Ethereum. Each time a bear market occurs, these two always recover more quickly. Sooner or later, the current economic climate will improve. Some nations impose high taxes on bitcoin earnings.
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These two crypto assets have been showing their viability and resilience for more than one bearish cycle.Yes, they will not show you thousands of percent, but they will save and multiply your funds at a distance
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These two crypto assets have been showing their viability and resilience for more than one bearish cycle.Yes, they will not show you thousands of percent, but they will save and multiply your funds at a distance
The number one and second on CMC, No worries be about both.
In my be view if we want to gain big profit at the coming years, maybe at 2025.
we should buy and keep hold.
Buy now, the price is low
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The two coins survive because what they went through has happened years ago, the community and investors know what they are doing, from the current situation, the value of Bitcoin and Ethereum is still holding up and that shows the crypto community is very solid.
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The two coins survive because what they went through has happened years ago, the community and investors know what they are doing, from the current situation, the value of Bitcoin and Ethereum is still holding up and that shows the crypto community is very solid.
Bitcoin and Ethereum are the biggest.
So I agree those will survive and more expensive at the coming future
No worries about both.
Keep hold, if you have
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Bitcoin is regarded as the King of Cryptocurrencies while Ethereum is considered as the second largest cryptocurrency after Bitcoin. Though both of these coins has faced huge challenges due major factors including the most recent one caused by FTX collapse. I believe these factors affect the coins for the time being, but both the cryptocurrencies have the potency to regain their original stages in the future.
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Bitcoin and Ethereum are now affected by the tightening of monetary policy and rate hikes. As soon as the stock market comes to life on positive news, we see the growth of bitcoin with Ethereum.
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It doesn't even make sense to talk about their price in the future, these two projects that are in the first place in all exchanges are like two trading pairs the most important. But still, their time will come and there will be a project that can replace one of them.
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Btc and eth are the top king players of the crypto currency environment , these are only two tokens which are always responsible for influencing the crypto market , if these token pump then there is buy pressure if these coin dumps selling pressure is achieved and in my opinion this is not a good thing and other coins should not dependent on these coins.
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Btc and eth are the top king players of the crypto currency environment , these are only two tokens which are always responsible for influencing the crypto market , if these token pump then there is buy pressure if these coin dumps selling pressure is achieved and in my opinion this is not a good thing and other coins should not dependent on these coins.
indeed every coin should be able to develop itself and of course that is very good, but it cannot be avoided that the development of all coins will always see the movement of bitcoin not with other coins.
wherever there will always be dependence on each other and in crypto it seems that everything depends on the state of bitcoin, everything seems to be unable to move just because of its own circumstances, until now.
so the rise and fall of crypto can be ascertained because it depends on bitcoin, then everything will follow, even though we also know that bitcoin also depends on the market situation and the state of the world economy.
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One major risk to crypto gaming tokens is that they are subject to supply and demand dynamics associated with the game’s popularity. Once players abandon a game, demand for an in-game currency may completely dry up and make its tokens worthless.