Yes, this is a complete collapse. Even the US stocks are falling. Many people wonder if the financial crisis is coming. But I think this is ridiculous. We need to be calm. If the stock market collapses, it is very normal.
Bitcoin is down 40% in a week - the stock market is down 5%. Do you understand the difference?
The stock market lost $3 trillion yesterday
Crypto lost $100-200 billion
Do you understand the difference?
Crypto will enter the 'bubble' stage once we hit $2-3 trillion + of market cap combined.
I am accumulating myself at these basement prices
Just because "masters" of the economy call crypto a bubble does not make it so...These are the same people who will say housing is going to crash and buy up all the land one the property values plummet
...I don't trust people who have something to gain by giving advice.