Year 2022: The Year of Collapse in Crypto History

[Afony]

Of course, something unpredictable has happened to the cryptocurrency this year and all projects are now at a loss, let's hope that the next year will show us what the cryptocurrency is ready for.

[Bobcrypto]

I am watching the many new developments in the case of FTX-Alameda collapse and I must say that details coming into the light are all so bad and ugly - to say the least - and right now we are seeing the contagion effect affecting many platforms including Genesis which is getting to be another candidate to collapse.

There should be an outrage of anger from the people victimized by FTX - those who believe that Sam Bankman Fried was a hero, a savior but who turned out to be just another low-level scumbag.

Surely 2022 will go on to be a very historic year for cryptocurrency and will be know as the YEAR OF COLLAPSE in the industry.

So what are the many big things we are learning here? One, don't trust anybody and always remember: not your keys not your crypto.

I don't think crypto has collapse but FTX did, though it has some negative great effect on the market. However, it remains some facts that before the collapse of FTX, the crypto market was already on a bear condition waiting for the absolute bottoming to energize market demand (good volume ). In my opinion the crypto market is atill struggling with bear and may linger for a Long time into the year 2022 and we may continue with a certain bounce and some quick sell off before the full bottoming.

[Speaker]

there is no collapse for the crypto industry, but there is even greater distrust on the part of institutional investors. And this generates an even greater outflow of funds from the crypto industry.

[yohananaomi]

there is no collapse for the crypto industry, but there is even greater distrust on the part of institutional investors. And this generates an even greater outflow of funds from the crypto industry.

agree, that it is not easy for crypto to collapse but you are right, there is disbelief going on at the moment. because some people have abused the opportunity to commit fraud. However, it must be admitted that this situation is getting out of control because it coincides with the economic crisis that has begun to emerge and will continue to penetrate all sectors today and possibly until next year.
We don't really want a concurrent momentum like this, but it is a reality and has happened and continues to roll, all must prepare and try to accept this.

[satpol_PP]

If you said It's collapse in crypto currency, I think yes.
Almost all of crypto currencies are going down.
But it's also bearish season.
Many investors will keep hold until bullish 2025

[de_prof]

I think it's not collapse, but just the bearish or winter.
I think we all know about four years cyclus.Bitcoin and altcoins will always have bearish before bullish every fou years.
So keep hold and buy when the dip.

[yohananaomi]

I think it's not collapse, but just the bearish or winter.
I think we all know about four years cyclus.Bitcoin and altcoins will always have bearish before bullish every fou years.
So keep hold and buy when the dip.

a cycle that continues to occur and is always repeated by bitcoin, so really there is no need to worry too much about this kind of thing. the upcoming halving will fall in 2024 and before that there will indeed be a crisis that will bring down all sectors, including bitcoin. so what is needed now is to keep waiting for the right time to come again, if you have more funds it's better to keep buying and saving because that's what you can do right now.

[Speaker]

Yes, I noticed that as a rule, a bearish cycle is 2-3 times longer than a bullish one, but at the same time the growth dynamics in a bull market is as much higher. We need to wait for a favorable cycle in the economy.

[Fenix]

If you said It's collapse in crypto currency, I think yes.
Almost all of crypto currencies are going down.
But it's also bearish season.
Many investors will keep hold until bullish 2025

Events negatively affecting the cryptocurrency have always appeared from time to time. But this did not cause the collapse of this market. It won't happen now either. Of course, the incident with the FTX exchange is unpleasant, but the cryptocurrency will survive it. Because of this, it is quite possible that the crypto-winter could last for some more time. For cryptocurrency users, this will also be another lesson, do not get carried away with the movements of the masses, but do your own research and conclusions.

[Citysatoshi]

I think the bear run exposed the various collapse especially the FTX exchange, it is clear that FTX has contributed greatly in worsening the market fears, and there were so many investors that had dumped their portfolios to cut loses. Without any doubt the crypto market will remain stronger in near future, I just hoping there will be green market after this winter. The crypto ecosystem is known to pull some some surprises, and I am optimistic that 2023 will come up with a big bounce.

[rizqillah]

I am watching the many new developments in the case of FTX-Alameda collapse and I must say that details coming into the light are all so bad and ugly - to say the least - and right now we are seeing the contagion effect affecting many platforms including Genesis which is getting to be another candidate to collapse.

There should be an outrage of anger from the people victimized by FTX - those who believe that Sam Bankman Fried was a hero, a savior but who turned out to be just another low-level scumbag.

Surely 2022 will go on to be a very historic year for cryptocurrency and will be know as the YEAR OF COLLAPSE in the industry.

So what are the many big things we are learning here? One, don't trust anybody and always remember: not your keys not your crypto.

It's collapse, yeah you can say it .
But always believe crypto will recover again.
Because Long bearish will happen until the end of 2024.
Keep hold and always buy more when dip.

[Probal Deep Moran]

NFT proponents have made grand promises of carrying in-game items between titles, making money by playing, and selling digital goods.

[dekafee79]

I think it's just bearish, but several people said it's collapse.
It's not collapse, It's just cyclus.
So, We should have free money to buy more during bearish and hold potential coins, of course top 20 coins

[Jaephoenix]

… oh and you forgot something. The biggest player in crypto, the most supposedly untouchable figure in crypto, known as Chengpeng Zhou or just simply CZ, is feeling the heat as Binance exchange and the BNB coin are now under the spotlight of SEC. Now who's sweating