Speaking at the Bloomberg Technology Summit in London, Atomico partner Irina Haivas said the collapse in prices had weeded out "tourists."
Another panelist, Revolut's Edward Cooper, said the bear market has also taken care of crypto companies that emerged without a viable business model. He added:And while trading volumes and user registrations have taken a tumble, Cooper revealed that Revolut's sign-ups remain far higher than before the 2020 bull run began.
During a different interview with CNBC, the founder of Citadel Securities, Ken Griffin, had another perspective on the plunging value of cryptocurrencies, meme stocks and NFTs."Money misallocated in speculative assets doesn't create jobs in the long run, doesn't help to create the long-term prosperity that makes America the country that it is."
The dramatic crash in the Crypto markets is an AWESOME thing! Helps clean out the scammers and smaller alt coins that aren't really going to do anything. Gives the poorer investors a chance to do something good with their lives. Keeps people on their toes. -Remain calm and HODL.
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How come everyone is silent on this
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mahsaamini
At that point I think that I want BTC going to 10K more than to 100K so, I could spend my USDT on the dips.
Nothing is good about what has happened. It’s clear that crypto prices rose because of greed and the excess supply of fiat. Once the faucet was shut off, crypto came crashing down. There is currently 0 utility in holding crypto other than waiting for a greater fool to buy.
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The bear market needs the energy of the rabbit! ! Bears can never catch up with rabbits！
Everyone failed to reach parity against the dollar, which means that the US central bank is going ahead with raising interest rates in the future
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Opportunities galore!
I'm just waiting for this bear market to end by buying USDT. I'm not scared at all
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Faith only 🙄🤔
It's good to see a good project and buy it in cheap price
Ain’t worried . cultdao will survive
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Nice! I have been copying signals from ChiefraFba and have a 92% win rate
I think it's the best time to buy more and invest in better projects.
I totally agree with them. This is a great opportunity to spend usdt to buy cheap promising projects
Ofcourse its a good thing so we can buy it for very cheap and HODL for long term and make good money !
Please update the supply data on LUNC
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Yep, it makes sense! Nothing grows forever.
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EPX 132 B 60 B
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The crash is good to accumulate solid projects - iExec $RLC
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Why is everyonee silent about this?
Good thing is that it's already crashed...further crash only means it can't be as bad as the first one
Yes to 11k
It’s good thing. This will be give space for new ideas and projects. Detox for crypto space 😈
SAFEMOON
How is it a good thing to watch your portfolio meltdown?
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Lol, I only listen to ChiefraFba for signals and analysis
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I think it might be possible next year
Hmm the bear market is not attractive to crypto tourist
Yeah, you are right, if it's utilizes well, bear market is a wonderful opportunity to buy at dip and enjoy a good profit. I think employing DCA to add more $DC to our bags is gonna be so rewarding. That's why I'm excited when I discovered that $DC is available on MEXCGLOBAL.
Crypto new era is coming!! piblockchain Web3 Picoin
Fix $AZERO informations
Acceptance...
Exactly, cz_binance is making sure binance ain't swimming naked in this tide.
RetroDogeBSC 🥳
Lol, I only listen to ChiefraFba for signals and analysis
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