Re: Bitcoin Bloody Year 2022 coming to End

Quote from: LDL on December 11, 2022, 11:29:17 PM

Bitcoin is about to go through a bloody year. A number of unexpected events have prevented the Bitcoin market from ever moving upward this year. Dozens of unexpected events have struck fear into the minds of investors. Starting with investors, governments and central banks have taken a cautious stance on Bitcoin. So we are almost at the end of this unexpected year.

Some Bloody Events 2022 & Funds Exploits

Mango Exploit : $114-115M
Wintermute Hack: $160M
Beanstalk Farm Hack: $180M
Nomad Bridge Hack: $190M
WormHole Hack: $320M
Ronin Hack: $600M
Voyager : $3.75b
BlockFi: $4.5b
Celsius: $4.5b
Genesis Bankrupt: $5b
3AC implosions: $18b
Luna/UST crashed: $40b
FTX and Alameda Crashed: $40b+

The above shameful scam has completely negative impact on the Bitcoin market in 2022. We all hope that such incidents do not happen in cryptocurrencies in the coming years.

Despite all the troubles, Bitcoin is still standing firm, that's a good reason to be happy. I believe all that you stated above might continue to happen in the crypto space, there are many faulty foundations, so now is not the time to cry foul. All I hope for is better security and regulations that will bring more sanity among the centralized companies dealing with crypto.

Nonetheless, Bitcoin on its own does not have any issues, it's still maintaining neutrality as it is supposed to do, and has held firm despite what global inflation and economic woes have done to it. The year 2023 might be its year indeed where a better price might be seen, and everyone would be happy again.