Looking at the past financial crises that happened, they all seem to have a few things in common, such as the mass adoption of a new financial product or technology (e.g. mortgage backed securities in 2008, dotcom boom in 2000). Given the extent to which institutions (and some influential figures) have been manipulating crypto recently, do you guys think this narrative is likely?
But this schemes didn't last long like bitcoin has did. Beside, many people have claimed that bitcoin and crypto will collapse but it has kept going stronger despite the manipulation by authorities to suppress it value.
The only bad side of bitcoin I have seen so far is Fud. People get scared easily when they hear news but I have these feelings in the future, investors and holders will no longer buy into those Fud and any from of fears created by the government. It makes it even more stronger because we are still above %50 with fibonacci retracement.