Post
Topic
Board Bitcoin Discussion
Re: FTX drama stressing people for no reason | How to stay neutral
by
Lanatsa
on 14/12/2022, 21:29:03 UTC
People who have lost money in this crash will inevitably face stress and depression. They just lost money, they can't help it. People who spread FUD and hate against cryptocurrency because of issues like these surfacing in the mainstream media could be controlled however, be made to realize that bitcoin isn't all scams and taking advantage of poor average joes all for the benefit of a single person. It's a good thing that for one, SBF is already arrested and is projected to face consequences for actions he committed that led to the demise of this massive exchange. So the future is looking a little bright than what people would expect.
Unfortunately this is a stain in the reputation of this market that is not going to be easy to erase, while the collapse of Mt Gox was bigger in terms of the coins that were lost and at the time it was way more influential than the FTX exchange, at the same time this market is way more popular now and the losses in terms of fiat are bigger as well, so it would not surprise me if this single event was enough to scare a lot of people away from this market and as such delay the appearance of a new bull market.
Its part of the history which it isnt really something that could really be deleted or forgotten which you are right on what you have said because it is something that cant really be easily not to look back.

You cant really make people avoid not to get stressed on times like this specially it does really affect market overall confidence and trust which would really put some hinder in overall recognition and acceptance

in cryptocurrency in overall due into these kind of situation and circumstances.This is why i cant really blame out people not to get stressed anytime they would be seeing
these declines due to this unfortunate events that do happen on this market.