Quote from: entrepmind23 on August 22, 2018, 12:02:33 AM

Quote from: bitbunnny on August 18, 2018, 05:53:18 PM

At the moment it looks like the strong downfall has stopped but that still doesn't mean that corrections are over.
Just at the first glance it looks that market is more stable now but this can change any time so it would be wise to use to buy more coins. The correction will not last forever so be prepared when the price start to rise again.

And as what the article stated, those coins that would be able to survive the recent bear market that we are experiencing is just one proof that it was able to withstand this kind of market situation and make the investors trust more the project and then it would become more valuable. We have yet to see what coins will survive the purge as it will prove if they are really worth to be included in the cryptocurrency market or not.

Quote from: Rainbow009 on August 19, 2018, 08:37:13 PM

The cryptocurrency system is still very new and fragile.
It would have to go through a lot of adaptations and corrections, in order for people to get a better knowledge of it and how to properly integrate it I to the system.

There would always be coins that would rise a couple of times and then there would be those who would lose the trust of people and then eventually lose its value slowly. Just observing how much the coins have lost its value for this year compared to last year will give us an idea of how people trust the project.

I think it's a good thing actually that we are cleaning out all the trash from the bottom of the pool. The crypto market shot up extremely fast, and when these things happen, it attracts all sorts of unruly folks who are just out there to scam and swindle. We want crypto to be legit, not full of shitcoins that are Ponzi schemes to trick people out of their money. Let only the strong survive.

Bitcoin will always last, that much is clear. It is the only one that has a strong enough principle that is not vulnerable to mass manipulations. Sure, we can see price swings timed by exchanges, but that can happen with every asset. Bitcoin cannot be centralized, it stands on its own.