I can’t believe the sensationalist media hype surrounding the bear market of doom. Beware, crypto is going to zero. Blah blah blah...
Last year’s bubble was an unhealthy sensationalist growth spurt. This entire year has been consolidation and correction. It may continue for quite some time. That said, this is the 3rd down-cycle of significance in three months. It’s not going to zero. The range will continue to most likely tighten slowly. A price floor is attempting to be established.
The most important thing for BCH, btc, or any crypto in general is to establish a dynamic case for utility and a community that supports and uses that utility. No utility and no use = ponzi. No one likes a ponzi when the fanaticism wears off. Spend.
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