Quote from: uneng on Today at 07:03:34 PM

Quote from: Kara3 on Today at 01:54:56 PM

Upon all this event that has took place, the crypto industry would have completely collapse if not for the confidence and trust investors have in Bitcoin.
It has kept the crypto industry running, just look at Bitcoin today, it's still standing strong above 27k.
If not for Bitcoin, we would have all went home sad.
Cheers to all the bitcoineers

It has been always like this in crypto industry since the beginning. The difference is that on the early years scam schemes were more anonymous, didn't have large advertisement and endorsement by popular influencers and celebrities. Scammers have been always present in crypto market, luring BTC investors into giving them their BTCs in exchange of volumous, easy and guaranteed profit which end never coming. Unfortunatelly it's possible that many of those scammers have their wallets replenished of Bitcoins they stole until nowadays, what means they still take advantage of the fact Bitcoin stays strong above the 27,000$ line.

So many critics has expected Bitcoin to fail like ftx and the likes that later crashed or were scam schemes to just cart away with peoples money. Bitcoin has however not disappointed yet. Eyes are still on the forthcoming halving to know if BTC will survive and I can assure that it will supercede all expectations.
The fact that BTC has not failed is also a very good reason why other altcoins and exchangs keep firing on and try to maintain a healthy competition by improving and making upgrades to enable customers and those who have trust and investment in them, enjoy great quality of service.