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RE: Will Cryptocurrencies Suffer a Multi-Year Bear Market?
All cryptos are down a lot. Bitcoin was close to 20k, now 7k. XRP was 3 USD, now 0.80 USD. Ethereum was 1300, now 700. All cryptos suffer. Anyway I do not want to believe that they wont rise again. Everytime I say bitcoin is dead, few weeks later its price even doubles. Plus if the value of bitcoin goes under 5k, I dont think anyone will mine it anymore if it not profitable and therefore bitcoin will die. No?