Krypto-Stimmung erreicht 15-Jahres-Tief, sagt Cardano-Gründer

tldr; Cardano founder Charles Hoskinson stated that crypto sentiment is at its lowest in 15 years due to a prolonged market downturn and the October 10 crash, which caused over $19 billion in liquidations. Bitcoin dropped from $126K to $60K before recovering to $71K, while many altcoins hit all-time lows. Fear and uncertainty dominate, with the Fear and Greed Index at a record low of 5. Hoskinson believes rebuilding trust and focusing on utility and innovation are key to recovery, with Cardano aiming to lead through improved governance and technology.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Who would have expected retail to lose interest in crypto when

1) 99.9% is a scam.
2) you are not early anymore
3) downside risk outweighs upside risk
4) usa clown is peddling the grift
5) worldwide unrest political/financial
6) no clear use case
7) not easy to use
8) Ai easy money

When midjourney came i halfway 2022 I made the touch call to not buy back in full in crypto (done so since 2012) and port most in NVDA. Altcoin buyers were naive anyway. If 1 million coins get created every day you know there is no support left. People are exhausted and the lemon has been squeezed.

My bets call ever was to predict last cycle would skip altcoins and only BTC would do decent. Thank god i stuck to that thesis. due to counterstrike investing i saw that story before with capsules being mass produced. If you release the same shit in too much quality it all becomes worthless.

No one likes you Charles.

That guy sucks