Re:The crypto crisis has created an advertising vacuum
by vesinisa on Monday July 04, 2022 @04:28PM
(#31981420)
> Bitcoin has actually done much better then most of the tech stocks, especially if you look at a 2 year chart.
Only if you look at the 2-year chart (or longer). That includes the tail end of the Tether-fueled market manipulation drive, and at longer scales the entire speculative boom.
Anyway, why are you so concerned about people being "anti-crypto"? You seem to think that everyone makes value judgements based only on how well something performs financially.
That might be relevant if you are an investor. But I am sure there will be more services like AirBnB if it fails, as the concept is sound. Cryptocurrencies on the other hand have certainly enjoyed their time in limelight for a while already, but have failed to deliver any meaningful mass market products (if you discount investing - which is indeed exactly akin to buying AirBnB stock without ever going on a holiday.)
Only if you look at the 2-year chart (or longer). That includes the tail end of the Tether-fueled market manipulation drive, and at longer scales the entire speculative boom.
Anyway, why are you so concerned about people being "anti-crypto"? You seem to think that everyone makes value judgements based only on how well something performs financially.
That might be relevant if you are an investor. But I am sure there will be more services like AirBnB if it fails, as the concept is sound. Cryptocurrencies on the other hand have certainly enjoyed their time in limelight for a while already, but have failed to deliver any meaningful mass market products (if you discount investing - which is indeed exactly akin to buying AirBnB stock without ever going on a holiday.)