The Balance of Nature: Why the Crypto Market is all RED!
Balance of Nature
A concept in ecology that describes natural systems as being in a state of equilibrium, in which disturbing one element disturbs the entire system. The inference is usually drawn that the natural state of any system is the preferred state and that it is best to leave it undisturbed. source
After being sick for days, I went back to my day job today and here's what greeted me:
officemate 1: What is going on with the crypto world today?
officemate 2: Are we scammed?
officemate 3: Should I get out now? and sell all my coins?
ME: Guys, it's normal, everything is normal!
I said it plainly and dry. No further comments and no further explanations. no emotions at all.
I sat down and compose my thoughts and here is what I should have explained to them:
We are in a revolutionary time that breakthrough in technologies have achieved leaps and bounds. The blockchain and cryptocurrencies are like mushrooms - they're everywhere. Ambitious thoughts of disrupting the economy with these new technologies powered by the blockchain are in the mainstream now - heck, it's happening right in front of our eyes. We jumped in the bandwagon fearing of missing out (FOMO). Everyone is making money trading crypto currencies, investing on ICOs and blogging on steemit!
All's well that ends well -- at least this is what we hope for right? BUT the one thing we missed out in the equation is - is this the natural state of equilibrium?
...disturbing one element disturbs the entire system. The inference is usually drawn that the natural state of any system is the preferred state and that it is best to leave it undisturbed.
So what is our preferred state? This is where the problem emerged because not all of us agree with a preferred state - some want a centralized banking system , others wanted a decentralized currency; some may want to transact anonymously but others may want transactions to be transparent.
But you may ask, well it's normal to be different from others - can't we have that then as the preferred state? I don't see why not. However, we should realized then that whatever impurities we introduced to that system will have a normal reaction to re-gain the balance or perhaps opt to choose another preferred state.
So now that the crypto market is falling, this is in fact NORMAL... the question is - are we changing the preferred state? or is this nature trying to re-gain it's balance?
If you think it's the latter then it's time for you to convert back to fiat otherwise this is the perfect time to get cheap coins!
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Reaching equilibrium isn't always ecologically easy - just as a pendulum swings and can be affected on both ends of the swing. Left alone, it will eventually come to rest. In crypto though (or in all financial markets), there will always be external forces acting on the pendulum... it will never rest. We just need to recognize which side of the swing we are on!
fair point. i like your analogy with the pendulum and whichever side we are on, we can always expect a roller coaster ride.
this is definitely time to get cheap coins as always the market will spring back. time to hodl too
i'm actually leaning towards this conclusion. Seeing that no legitimate negative news about an exodus, cheap coins are real! :)
Hodl and buy cheap coins like it's a bargain basement sale!
Yey! go for it! I sure did got some cheaps coins and now sitting on a 10%+ gains :)
Yes, this is it.. a chance to get it cheaper. I still believe that I can still HODL, this is the time that I missed before and I don't want to miss it again. This is somehow a business that we need to face. We are always on top, we could fall down but I believe we will rise again in no time. As all the graphs shows the same history. IMHO. So this is just normal. 👌
I agree with you 100% now is the time to buy cheap coins.
not entirely agree on that, i'm thinking more on the psychology part of investors and crypto enthusiasts plus the other players.
No doubt behind every great minds are great wisdom. Weather its based on fiction or not. Your response to the question was an apex of cryptocurrence Knowledge in reality to ture life revolution.
Coin market is shaking but the minds are still hard it's always so every January you can check the market trade 2015 2016 even 2017 so it game we will never give up to, infact it's the best time to invest more money and wait for the raining day's
good point on the January pattern. the more interesting question is why January? what is with January 2015, 2016 and 2017? is this even sustainable or will the pattern continue to draw attention in the coming years?
January effects might correlate with the incoming Chinese New Year (mid Feb), or so I've read. Many superstitions surround the incoming New Year but in any case, it has become a pattern. I say accumulate now.
are we scammed lol
what if .. the bubble has burst
isn't it that it was also 2008 when another bubble burst
am not spreading fud
just a mere question
what if the crypto bubble has burst ?
what if that infinity look alike number is actually as double round faced as it looks like? what if it's a cycle? what is your opinion?
do you still think it's time to hodl and buy?
we also had the 90's bubble burst and yet still adapting the same technology...even much better now.
the crypto probably is in a bubble burst right now but the fundamentals behind it is unprecedented. take away all the money-making, the scams, the greed, the humans -- and we are left with an unprecedented breakthrough in technology.
so yes it's a buy for me (for certain coins only) and it has got something to do with it's future utility value.
I feel very calm this time around, this is all part of the new normal as we head right on into The Paradigm Shift that really already in progress. HODLing come Hell or High Water. I would buy some more, but I live debt free and intend on staying that way...it is tempting though, I confess it is tempting ;)
I agree. it is very tempting but sometimes you have to step back and think for a while... are you in crypto because you don't want to miss out or do you believe there is future in crypto? if one can clearly answer that then i guess it gives a peace of mind that these things happening around with crypto is normal especially in it's infancy stage.
I want to learn
I do not know crypto yet, and how the application, can I join and what are the conditions, and please explain. thanks.
Let me introduce you. I Paknyak Nyaklah (@abda) newcomer in steemit.
in my opinion there are no programs or systems / activities that are not challenged, but this is where the strength / belief of members / executives to survive and rise despite any obstacles and crises (confidence and trust must remain solid).
Perkenalkan. saya Paknyak Nyaklah (@abda) pendatang baru di steemit.
menurut pendapat saya tidak ada program atau sistem/kegiatan apapun yang tidak mendapat tantangan, namun disinilah dituntut kekuatan/keyakinan anggota/pelaksananya untuk tetap bertahan dan bangkit walau apapun hambatan dan krisis yang menimpa (keyakinan dan kepercayaan harus tetap kokoh).