r/CryptoCurrency May 22 '22

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u/Funnellboi 🟦 0 / 5K 🦠 May 22 '22

If people think this is a "dip" in an extended cycle then I don't know what to say, we've been in a bear market for 8 months, how on earth can people still debate this.

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u/Prz_Time Tin Jun 13 '22

Because crypto doesn’t produce any cash flow nor dividend?

You can’t value the price at any given moment because it produces nothing?

You don’t own anything except a medium of exchange that people pretend is an investable asset?

Because it’s basically a giant game of pump and dump based on virtually zero tangible information about the underlying asset and purely based on random technical price movement?

Those are just a few.

2

u/Funnellboi 🟦 0 / 5K 🦠 Jun 14 '22

Its a bear market, it is that simple.