Too much bashing on crypto, but the real problem is the ADD of "investors". Crypto profits have been significant but it all depends on entry points.
BTC exactly one year ago was like what? <200$... and two years ago it was <11$. Who's gonna give such profits? The stock market? Gold/Silver? Bonds?
Likewise DRK investors of Feb-April (prices at 0.001x BTC), which is a large part of the community, are now 4-5x on their money. (January investors are way higher than that)
And these rises are despite adverse environmental conditions, fud, trolling, large scale scams with exchanges, negative news, etc etc (that apply to both btc and drk - to varying degrees of course).
I think we are doing pretty well considering what's going on. And if one trades their way the profits may have been higher. The problem is probably for those who make unsuccessful trades or those with high entry points compared to a corrected value - which might seem like the end of the world. But crypto in general is not thaaaat bad.
It's crazy isn't it?
To an extent now where you rarely step outside your regular threads cause there's so much school-yard bullshit going on...
I'd be happy to see 10 major Alt Coins after this round of consolidation, the rest can bring something new and solid to the table or go and get fucked...
