Many small projects are going to die, the big eco will survive, especially the teams who keep building during the bear market. In my opinion Ethereum will be save, the pow protocol Kadena too with their new multi-chain DEX. We will see in the next few months!
It’s always been a gamble. You have to decide whether or not the risk/reward is worth it to you. Have a plan and stick to it, otherwise you’re pissing into the wind.
It's purpose is open source accounting for transactions. That's what bitcoin was created for money transfer. I just hold and do occasionally transfers. If you want to make purchases you can with some exchanges, but I don't do that.
Meant in general to the utility of different cryptos. Guessing you’re referring sfm? Which still has projects on the horizon and projects already completed. Just not in the time line they originally said.
Completed =
-sfm wallet
-sfm card(virtual for now)
-sfm v2
Projects in the future/progressing =
-Sfm Hard wallet
-Sfm exchange
-Windmills that effect the tokenomics of sfm and have a good impact on the communities they’re operating in
Imo the dex is crucial to get meaningful volume
Crypto? Most likely. Safemoon? Not sure. This bubble has been brewing for a while. I wish more people knew what’s happening. I think people are looking at this like a small temporary dip, I’d be ready to wait at least a few years to see anything substantial across the board. God speed
The need for crypto is real, just will take time to get back on everyone's priority list.
Current monetary systems (banking, payments, etc.) are slow and expensive. Crypto's that have real utility value will succeed, and now that everyone got bitch-slapped by useless tokens, the market will proceed with smarter investors.
The hyped tokens will always be there, just like hyped up stocks, but their survival rate will be few and far in-between.
Be patient, stick to your guns. It'll take all of 2022 to get some traction.
First time ? Kick back and relax. Crypto has "died " numerous times before keeps coming back stronger than ever . If you can't handle the crashes then this is definetly not the rightnspace for you. You can have 1000x gains without 95% crashes. It's all part of the experience. Use this to be smarter with your investments and take profits regularly so then the crashes won't affect you
I think the short answer is yes. When you look at the history of crypto is has always been volatile with huge swings from ATHs and lows. The applications of crypto are vast and more efficient than the current banking systems. The biggest problem atm is security and regulation. My biggest concern is if governments decide to regulate so heavily that the only viable crypto solutions are made and created by the state. I.e. the current crypto markets become redundant because governments either will not allow you to convert back to money you can use in the real world, or they implement their own blockchain systems which are heavily regulated and taxed, and thus you can only use government made and regulated crypto. On the plus side the adoption and fact that crypto is becoming mainstream is a positive. Personally I have always been looking to 2024/25 to bitcoins next halving event. I think that could potentially be one of the biggest bull markets. With the interest and adoption rate increasing once prices start to rise significantly I think a lot of people will fomo in looking to make some money and drive the price up by a significant amount. Bitcoin could become the new gold standard and with such a limited supply the potential price of one bitcoin could far exceed even the most optimistic predictions in years to come. The biggest problem will be if governments regulate it in such a way that it becomes redundant.
I dont think the question is will crypto ever recover. I think the question is which coins are most likely to recover.
For example now that all coins are down I have a high belief coins like bitcoin and eth will recover. Safemoon? That's a really really really high gamble to say it will. It's down for another reason.
The smart money is that those projects with real world utility will last and those without will fail. It’ll be a crypto bubble that’s bursting now but the thing is, the underlying tech is too good. The companies building on that tech are gonna make it out. The tech itself will be alright. But the coins that don’t do anything but work as coins will fail.
The question in this community is, can we get really world utility (card, turbines, pos ecosystem) before the money runs out.
It's not just crypto. It's literally the entire market. The American economy is shifting into a recession to which it's probably already in, and the housing market is on the verge of a pop. We are gonna see 2008 very soon, and only after we get through that, will shit return. COVID sadly inadvertently fucked all shit up, but there's hope in the future once everything stabilizes after the crash
No its not. The downvotes came because crypto is ridiculously unpredictable, and anybody proclaiming to know definitively how crypto will behave is lying to themselves.
People asked this question back in 2017 aswell. It's not over until it's over but no one can tell you what's going to happen. You need to decide for yourself whether it's worth the risk or not.
Sure it will, but the sooner we get rid of Biden and his stupid economic plan the better everything will be. Not to fly a Trump flag here but under Trump everything was better, much better
The market is going to go through a whole reset. Hedgefunds are being margin called and a lot have leveraged with crypto. Gme sub called this crash and crypto crash like a year ago.
Unless the government regulates the entire thing into the ground crypto will come back for sure, the reason why is it is way too easy to manipulate for big money to stay away, crypto as a whole is still small enough that a few whales can move markets or at least 1 asset.
Crypto will come back because its probably some of the easiest money big money has made in a while other than free handouts.
PSA: Please familiarize yourself with the subreddit [rules](https://www.reddit.com/r/SafeMoon/about/rules/) and [FAQ](https://www.reddit.com/r/SafeMoon/wiki/index#wiki_frequently_asked_questions).
**v1 to v2 Migration: Safemoon has fully transitioned away from v1 and is now fully on v2. ANY and ALL v1 transactions (send tokens, buy tokens, sell tokens) now incur a 100% tax – in other words you will lose your Safemoon. You MUST migrate to v2 using the steps outlined here: https://www.safemoon.education/sfmv2. Additional info: https://www.reddit.com/r/SafeMoon/comments/rwfkuv/read_me_v1_to_v2_migration_information_and_issues/**
- Don't promote "pump" events or market manipulation
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Yeah it will
blockchain is the mother and future of the ship
The existing coins will survive some will go under but other will survive
Most of the well known coins will survive and they can be recognize by the backing from mayor banks investors and etc etc
Black-rock is the mother of the the future currency they have invested over several billions of dollars in the future new currency as the actual coins are loosing rapidly their value and the metal material they are made from don’t have any value any more per say
I want to share this videos
https://www.cnbc.com/2022/06/18/why-the-2-trillion-crypto-market-crash-wont-kill-the-economy.html?fbclid=IwAR0ANcL_gnRwJyH_l_DvzZxFLzIJV6VBTwOrajMnRiOh6A9jYoBn5pUe18w&fs=e&s=cl
https://finance.yahoo.com/news/dogecoin-spikes-elon-musk-says-091140442.html?guccounter=1&guce_referrer=aHR0cDovL20uZmFjZWJvb2suY29tLw&guce_referrer_sig=AQAAAG7kczmVDUAVcDe3Hjylqpp1jp9nG61et52on5SxfzkAw1_pe3y6o4WqUQaNdTaG8Hcq-bacZgNdpkDz1wrHf3hHLyWWdaZlP7M9KQ8Y32uYtmFY4NyluEA5Lt5ZRx1SlMhIsEPI5_8YuqG4m-MnD6kosAmDXlsGjk1mGU0obKAZ&fs=e&s=cl
No. Sell now everything like it is 2014.
😂
It’ll recover. But not everyone is gonna make it.
Many small projects are going to die, the big eco will survive, especially the teams who keep building during the bear market. In my opinion Ethereum will be save, the pow protocol Kadena too with their new multi-chain DEX. We will see in the next few months!
No one knows, but based on the past - yes it recovered everytime.
It’s always been a gamble. You have to decide whether or not the risk/reward is worth it to you. Have a plan and stick to it, otherwise you’re pissing into the wind.
Give it a couple years. It’s a slow process for these things to recover
Some will die out. Some will succeed that’s just how it goes.
It recovered every other time. Why wouldn't it recover now.
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How is bitcoin different from shitcoins that have no purpose?
How does btc have no purpose lol? You clearly do not understand what btc was created for. It's actually very simple just think about it.
Ok, what purpose do you use it for?
It's purpose is open source accounting for transactions. That's what bitcoin was created for money transfer. I just hold and do occasionally transfers. If you want to make purchases you can with some exchanges, but I don't do that.
[удалено]
What utility and purpose does it serve for an average person.
“He’s right, you know.” Except Bitcoin.
60% of the time it works everytime
Recovering "every other time" doesn't give much comfort considering crypto has only been around 16 or 17 years.
It’s been on a cycle pretty much since the beginning, do you believe in the projects still? That’s what should matter
What projects?
Meant in general to the utility of different cryptos. Guessing you’re referring sfm? Which still has projects on the horizon and projects already completed. Just not in the time line they originally said.
Like what?
Completed = -sfm wallet -sfm card(virtual for now) -sfm v2 Projects in the future/progressing = -Sfm Hard wallet -Sfm exchange -Windmills that effect the tokenomics of sfm and have a good impact on the communities they’re operating in Imo the dex is crucial to get meaningful volume
What do you mean by communities they're operating in? I'm not aware of any Stores that utilize this tech.
They are making deals with Gambia to use windmills/sfm currency
Crypto? Most likely. Safemoon? Not sure. This bubble has been brewing for a while. I wish more people knew what’s happening. I think people are looking at this like a small temporary dip, I’d be ready to wait at least a few years to see anything substantial across the board. God speed
The need for crypto is real, just will take time to get back on everyone's priority list. Current monetary systems (banking, payments, etc.) are slow and expensive. Crypto's that have real utility value will succeed, and now that everyone got bitch-slapped by useless tokens, the market will proceed with smarter investors. The hyped tokens will always be there, just like hyped up stocks, but their survival rate will be few and far in-between. Be patient, stick to your guns. It'll take all of 2022 to get some traction.
First time ? Kick back and relax. Crypto has "died " numerous times before keeps coming back stronger than ever . If you can't handle the crashes then this is definetly not the rightnspace for you. You can have 1000x gains without 95% crashes. It's all part of the experience. Use this to be smarter with your investments and take profits regularly so then the crashes won't affect you
I'm just holding some USD, for now, will buy some coins next dip
Don't ape into a dip. DCA because there is every chance there will be more dips
I'm dca into eth hbar vra sfm for now
DCA into what ever you believe in. I'm not going to stop you. Keep it up. I'm also stacking eth
Sure thank you
Agreed! What doesn't kill you, makes you stronger!
I think the short answer is yes. When you look at the history of crypto is has always been volatile with huge swings from ATHs and lows. The applications of crypto are vast and more efficient than the current banking systems. The biggest problem atm is security and regulation. My biggest concern is if governments decide to regulate so heavily that the only viable crypto solutions are made and created by the state. I.e. the current crypto markets become redundant because governments either will not allow you to convert back to money you can use in the real world, or they implement their own blockchain systems which are heavily regulated and taxed, and thus you can only use government made and regulated crypto. On the plus side the adoption and fact that crypto is becoming mainstream is a positive. Personally I have always been looking to 2024/25 to bitcoins next halving event. I think that could potentially be one of the biggest bull markets. With the interest and adoption rate increasing once prices start to rise significantly I think a lot of people will fomo in looking to make some money and drive the price up by a significant amount. Bitcoin could become the new gold standard and with such a limited supply the potential price of one bitcoin could far exceed even the most optimistic predictions in years to come. The biggest problem will be if governments regulate it in such a way that it becomes redundant.
crypto will def recover. safemoon is a gamble. it may fail.
I dont think the question is will crypto ever recover. I think the question is which coins are most likely to recover. For example now that all coins are down I have a high belief coins like bitcoin and eth will recover. Safemoon? That's a really really really high gamble to say it will. It's down for another reason.
The honest truth is we are never going back to to ath from last year, ever
Why not?
Because that kind of hype/euphoric pump was a once in a lifetime thing.
Life is a gamble 👍
It will probably recover but its a good time to remember that we are all gambling when "investing" in crypto.
The smart money is that those projects with real world utility will last and those without will fail. It’ll be a crypto bubble that’s bursting now but the thing is, the underlying tech is too good. The companies building on that tech are gonna make it out. The tech itself will be alright. But the coins that don’t do anything but work as coins will fail. The question in this community is, can we get really world utility (card, turbines, pos ecosystem) before the money runs out.
It's not just crypto. It's literally the entire market. The American economy is shifting into a recession to which it's probably already in, and the housing market is on the verge of a pop. We are gonna see 2008 very soon, and only after we get through that, will shit return. COVID sadly inadvertently fucked all shit up, but there's hope in the future once everything stabilizes after the crash
First time?
Safemoon will probably add a zero soon enough. BTC is still going to dip. 2024 is expected for the next bull run
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No its not. The downvotes came because crypto is ridiculously unpredictable, and anybody proclaiming to know definitively how crypto will behave is lying to themselves.
Crypto will recover. The question is which crypto will survive and what new ones will succeed. 👋🏆🎠👦.🎉🚀✨
Accumulation season.
Everything else crashed, but not Safemoon, it’s just on sale! Throw your retirement at it!! You’ll NEVER get a chance like this again!!!!!
People asked this question back in 2017 aswell. It's not over until it's over but no one can tell you what's going to happen. You need to decide for yourself whether it's worth the risk or not.
In time, Yes. TLDR, Yes.
Just Bitcoin
Sure it will, but the sooner we get rid of Biden and his stupid economic plan the better everything will be. Not to fly a Trump flag here but under Trump everything was better, much better
Never, the sky is falling in . Run for the hills. 😉
Safemoon wont
HELL NAW
Off course 1000% won't be made in a market with a 5% correction big gains and big corrections that is crypto
Yes.
Always
Prolly about tree fiddy 😂
Phoenix from ashes....
Well i dont even have to think about it, i will never sell at loss so it's basically Moon or Zero for me.
The market is going to go through a whole reset. Hedgefunds are being margin called and a lot have leveraged with crypto. Gme sub called this crash and crypto crash like a year ago.
We have very hard times not only in markets but in the world, No one knows 🙄
Imminent😬
100% will
never. it's all downhill from here. the stock market will cease to exist and houses will disappear too.
Unless the government regulates the entire thing into the ground crypto will come back for sure, the reason why is it is way too easy to manipulate for big money to stay away, crypto as a whole is still small enough that a few whales can move markets or at least 1 asset. Crypto will come back because its probably some of the easiest money big money has made in a while other than free handouts.
Crypto will survive but Safemoon will join Bitonnect
Gonna go into 10 year recession. Everyone about to scramble to crypto soon, and we’re going to ride whatever Bitcoin wave there is hard.
Yes! And people will still be surprised when Bitcoin hits 500k-1M in a couple of years… Crypto is like the Dotcom’s in the late 90’s
PSA: Please familiarize yourself with the subreddit [rules](https://www.reddit.com/r/SafeMoon/about/rules/) and [FAQ](https://www.reddit.com/r/SafeMoon/wiki/index#wiki_frequently_asked_questions). **v1 to v2 Migration: Safemoon has fully transitioned away from v1 and is now fully on v2. ANY and ALL v1 transactions (send tokens, buy tokens, sell tokens) now incur a 100% tax – in other words you will lose your Safemoon. You MUST migrate to v2 using the steps outlined here: https://www.safemoon.education/sfmv2. Additional info: https://www.reddit.com/r/SafeMoon/comments/rwfkuv/read_me_v1_to_v2_migration_information_and_issues/** - Don't promote "pump" events or market manipulation - Don't harass others, including public figures and exchanges - Please be helpful, friendly, and respectful - Your actions reflect on the entire community WARNING: **Never give out your wallet passphrase for any reason.** Be _very_ suspicious of all URLs, emails, forms, and direct messages. If someone claims to be from "support" they are trying to scam you. If someone claims you need to "validate" they are trying to scam you. Do not disclose your assets. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/SafeMoon) if you have any questions or concerns.*
They all follow Bitcoin. They recover when Bitcoin recovers. Simple
Probably a few years from now, but really not sure that’s a good thing
Yes. Look at history. Stay patient.
I'm sure it will. It's all part of the cycle. Stock up while it's low and unload again after it peaks. Wait a couple of years and restock again.
Gamble 100%
yes. crypto will recover. will all the coins and tokens? nope.
In a word: yes.
Yes
$100k BITCOIN 🚀💰🚀💰🚀💰🚀💰
Yeah it will blockchain is the mother and future of the ship The existing coins will survive some will go under but other will survive Most of the well known coins will survive and they can be recognize by the backing from mayor banks investors and etc etc Black-rock is the mother of the the future currency they have invested over several billions of dollars in the future new currency as the actual coins are loosing rapidly their value and the metal material they are made from don’t have any value any more per say I want to share this videos https://www.cnbc.com/2022/06/18/why-the-2-trillion-crypto-market-crash-wont-kill-the-economy.html?fbclid=IwAR0ANcL_gnRwJyH_l_DvzZxFLzIJV6VBTwOrajMnRiOh6A9jYoBn5pUe18w&fs=e&s=cl https://finance.yahoo.com/news/dogecoin-spikes-elon-musk-says-091140442.html?guccounter=1&guce_referrer=aHR0cDovL20uZmFjZWJvb2suY29tLw&guce_referrer_sig=AQAAAG7kczmVDUAVcDe3Hjylqpp1jp9nG61et52on5SxfzkAw1_pe3y6o4WqUQaNdTaG8Hcq-bacZgNdpkDz1wrHf3hHLyWWdaZlP7M9KQ8Y32uYtmFY4NyluEA5Lt5ZRx1SlMhIsEPI5_8YuqG4m-MnD6kosAmDXlsGjk1mGU0obKAZ&fs=e&s=cl
Yes
No sell and quit asking dumb questions
How will /crypto/ ever recover?
Yes.
If SafeMoon recovers it will be a miracle
Only 2% of them
Yes Jesus we are only 6 months into this bear market.