News for hackers. Stuff that matters.
Re:As a Crypto Winter Descends, Celebrities Quietly Delete T... by duskwuff on Thursday June 23, 2022 @10:46PM (#31857271)
> This cycle has happened four times before and every time there are more people investing.

How many more people could be convinced to put money into cryptocurrency? At this point I suspect there aren't a lot left.

Re:As a Crypto Winter Descends, Celebrities Quietly Delete T... by anony23 on Thursday June 23, 2022 @11:38PM (#31857531)
Every time it goes up it's more people than the last time.
Re:As a Crypto Winter Descends, Celebrities Quietly Delete T... by duskwuff on Friday June 24, 2022 @02:00AM (#31858260)
There's a finite supply of suckers, and the cryptocurrency industry has already been digging pretty deep.
Re:As a Crypto Winter Descends, Celebrities Quietly Delete T... by yakak on Friday June 24, 2022 @06:43AM (#31859907)
If it's like other tech the more people are now in the developing world which would mean high volume usage but have trouble reaching past heights of speculation.
Re:As a Crypto Winter Descends, Celebrities Quietly Delete T... by lurker619 on Friday June 24, 2022 @03:20PM (#31868041)
Every four years today's high schoolers graduate college and start earning money. They don't witness the previous cycle and it's lessons, so they are impressed by the tech and don't realize the greater fool is them.
Re:As a Crypto Winter Descends, Celebrities Quietly Delete T... by peyton on Thursday June 23, 2022 @11:46PM (#31857585)
You don’t think retail are gonna look for alternative investments over the coming cycle? That they’ll be happy with stocks, bonds, and deposit accounts at their local credit unions?
Re:As a Crypto Winter Descends, Celebrities Quietly Delete T... by JumpCrisscross on Friday June 24, 2022 @01:17AM (#31858049)
> they’ll be happy with stocks, bonds, and deposit accounts at their local credit unions?

You’re describing gambling addicts. Healthy casinos keep their share of revenue to a minimum for a reason.