Bitcoin and crypto are here to stay despite market turmoil: Community
A Twitter user argued that the FTX crisis was just a black swan that only its leaders and a few others could have seen come.
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Despite the downturn in the crypto markets, community members expressed their unwavering faith that Bitcoin (BTC) and crypto are here to stay.
Even with the FTX and Alameda Research debacle highlighting problems in the crypto market, one community member urged others not to get stressed. The Twitter user argued that the crisis was just a black swan that only FTX CEO Sam Bankman-Fried (SBF), Binance CEO Changpeng Zhao and a few others could have seen coming. The community member believes that despite this, crypto is still here to stay.
While the current state of the market has left people feeling exhausted, some remain hopeful and reaffirm their love for crypto. A community member tweeted:
F..k the dump and all the fud. I love #Crypto. It's here to stay.
— $ SHIB KNIGHT (@army_shiba) November 9, 2022Meanwhile, crypto analyst Michaël van de Poppe also shared his thoughts on the trajectory of the crypto market. According to van de Poppe, things will be better in the future. Citing Mt. Gox, Terra and FTX, the analyst pointed out that mistakes had to be made to improve the system. “It might look like we are on the verge of crashing crypto entirely, but Bitcoin and crypto are here to stay,” he wrote.
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A Twitter user argued that the FTX crisis was just a black swan that only its leaders and a few others could have seen come.
New
Despite the downturn in the crypto markets, community members expressed their unwavering faith that Bitcoin (BTC) and crypto are here to stay.
Even with the FTX and Alameda Research debacle highlighting problems in the crypto market, one community member urged others not to get stressed. The Twitter user argued that the crisis was just a black swan that only FTX CEO Sam Bankman-Fried (SBF), Binance CEO Changpeng Zhao and a few others could have seen coming. The community member believes that despite this, crypto is still here to stay.
While the current state of the market has left people feeling exhausted, some remain hopeful and reaffirm their love for crypto. A community member tweeted:
F..k the dump and all the fud. I love #Crypto. It's here to stay.
— $ SHIB KNIGHT (@army_shiba) November 9, 2022Meanwhile, crypto analyst Michaël van de Poppe also shared his thoughts on the trajectory of the crypto market. According to van de Poppe, things will be better in the future. Citing Mt. Gox, Terra and FTX, the analyst pointed out that mistakes had to be made to improve the system. “It might look like we are on the verge of crashing crypto entirely, but Bitcoin and crypto are here to stay,” he wrote.
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