Bye bye crypto world!

yklw2303 : You may be right. But if you remember, 20+ years ago, the dotcom bubble also burst and there was a flurry of bankruptcies too. But look at where the Amazons and the FBs are today.

Zerocool888 OP yklw2303 : You already said, that was 20 years ago. Crypto value is absolutely zero. If it was worth some value, government and financial institutions around the world would have accepted long ago. There is no way to regulate and they don’t wish it to be regulated. So, money laundering is so easy. Transferring money from one country to another country is so easy without being detected.

yklw2303 : I am saying just like the dotcom era, when there were scams, lousy biz plans, and major crash, crypto is also experiencing the same challenges as the dotcom era. The key issue is whether crypto is going to be what it claims to be: the 5th industrial revolution.

Zerocool888 OP yklw2303 : After investing 30 years of different investments, I can tell you straight in the face, crypto will never revolutionise. Crypto is also one of the biggest Ponzi scheme.

yklw2303 : Maybe, maybe not. We will see, 10-20 years down the road…

Zerocool888 OP yklw2303 : As long as it’s not regulated, nothing is real. When banks and government work together to keep pressuring crypto, more traders will exit. When the government, banks and financial institutions doesn’t get a cut from it, crypto will not survive in long term. It’s a simple common sense when it comes to money. You take some, you give some. Crypto at the moment is not. It’s skipping many steps.

FortuneYongHuat yklw2303 : Calculate what is the present value of what is worth 20k in 20yrs.

And u got ur answer how much it will drop now.