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Even in 2022-2023, there was still some life left in it. New narratives were still popping up and people were hopeful. The memes were still good. The mini alt run in 2024 was nice but even I knew that it was basically over given how much of a flop coinbase's onchain summer even was. It just continued progressively getting worse with all the scams that were going on and how pvp it became. The base chain itself was rigged with deep insider trading. Even if BTC breaks a new ATH, alts will never see the gains they used to. I honestly don't see the space ever going back to what it used to be, not even close.
Showing all 21 replies.
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AI took all the capital that normally flows into crypto. Guess the doggy coin meme mania killed crypto for good so no investors took it seriously. Also the web 3.0 meme was the perfect mid-wit trap to capture baggies.
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>>62331829
the thesis behind crypto is non existent, there is no real world demand for a cryptocoin that will prevent it from going to $0
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>>62331942
the 2025 cycle was completley cycled because of the ongoing stock market bull fueled by AI stocks. Crypto will come back eventually, but it's not worth it to wait around and cross your fingers, could be a long time.
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The dumbest people on the planet were getting alts, and shitcoin in particular, this cycle. And there's literally nobody left to act as exit liquidity.
But a new sucker is born every day, so it'll recover eventually.
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>>62332020
On the tech side: tokenized real world assets (the next big deal IMO), decentralized trading, prediction markets, DePin, privacy coins, agentic AI commerce (kind of a meme so far)… Plenty of narratives that lurk in the dark and can fuel another bull run.
On the investor side: millenials (the main investors in crypto) will inherit at least 50 TRILLION dollars from their boomer parents in the next 20 years. Overall the boomers, who are notoriously averse to crypto, will discharge more than 100 trillion dollars in the next decades. And the entire crypto market in only worth 2 trillion dollars so far.
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>>62331829
on short term, the pumps are still very massive and liquid, there's even more than in 2017.
on long term, the difference is that the trend for all alts seems to be to zero, but that doesn't prevent gains.
the only difference is now you have to be actively trading, the easy mode of just buying and waiting and get a x10 might be over.
it might come back if dollar dies and volatility increases.
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>>62331829
I’m still bag holding projects from 2023 that are still trying to build off of old narratives. The team, and what’s left of the ‘community’ get excited over updates that mean nothing. It’s sad to see. The only reason why I still hold any of it is because they dumped 95%+ and they aren’t worth the gas fees to sell
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>>62332059
>defi, ai, depin, rwa, privacy
So all of the same shit we have been hearing about for years now?
>millenials
The ones who made money are already out (or still barely in), and the ones who haven’t made it are still hanging onto their $100 bags worth of pepe, shib, and doge. Neither of these groups are going to do shit for the market. The newer generation don't give a single fuck about crypto either. Other than a few selective tokens out there, the space in general is cooked for real.
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>>62331829
I get high from bullmarkets. It's my dope. I buy just to experience the euphoria from a wild bullmarket. I sell and wait for it to crash and do it again. It's fun. I'm still chasing the dragon of that first high but it keeps me hard. I love bear markets, every loser dips out and gives me cheapies. Bobo is your friend. Have fun anon. I have given up so many vices and pleasures so I can invest more. Drugs are a waste of money give me a good bullrun and I'm set. That's a wave I'll surf anyday. I'm so glad I wasn't so retarded to miss the semi boom.
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>>62332078
> the easy mode of just buying and waiting and get a x10 might be over.
True. I don’t think that’s ever going to return, at least on a large scale like it used to be. Without being an insider or being part of some cabal, being a tradoor is too much if a risk. I doubt the average person has enough capital in the game for whatever potential gains to make any meaningful difference. It just doesn’t seem worth it. The market is too manipulated
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I really doubt the next bull will be as heavily BTC focused as this last one where even the damn president of the united states held a speech during a Bitcoin conference with everyone clapping, cheering and hollering in the audience.
Sure the widespread completely crazy alt season like before will probably never come back, but the BTC dominance won't just forever go up either. All the neverending tokenization will spill over to at least some alts for sure
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>>62333534
There’s an enormous difference between a bunch of nerds *hearing* about things that are barely available like RWA or decentralized trading, and the irl financial world that actually goes all in on these things and does it at scale. Exact same difference between Anons holding BTC in 2013 and BlackRock having a huge BTC ETF in 2026.
Completely wrong on millennials. If they’re "already out", then literally who is in?
Basically you just let the bear market shape your view.