When will all crypto collapse?

[virtusa]

 

[Fiotrader]

In my opinion it will soon collapse.

 

[gwb-trading]

Palantir Co-founder Says Crypto Market Will Continue to Crash Due to Ponzi Schemes
More cryptocurrency businesses will go bankrupt in a Ponzi scheme-like fashion, a venture capitalist predicts.
https://www.techtimes.com/articles/...ypto-market-will-continue-crash-due-ponzi.htm

'Investor and Palantir software co-founder Joe Lonsdale predicted that most cryptos would fail in the long run. He claims that the ecosystem as a whole, including different crypto lenders, tokens, and other components, was a "Ponzi scam."'

 

[The_Krakenite]

Investor and Palantir software co-founder Joe Lonsdale-

 

[gwb-trading]

Bitcoin could plunge 70% to $5,000, Standard Chartered predicts, in possible 2023 ‘surprise’
https://www.cnbc.com/2022/12/05/btc-bitcoin-could-fall-to-5000-standard-chartered-predicts.html

 

[traderjoe200]

I have no doubts to it dropping lower....just dont know when.

 

[The_Krakenite]

Charlie Munger has repeated many times that the US Dollar is going go zero. Unfortunately, he doesn't know when either.

Perhaps this is one reason why he's become a big fan of investing in China, just like Ray Dalio.

 

[Bandiginn]

Honestly I don't think all crypto will collapse. Some of them would have all sorts of problems. Nevertheless I believe the current state of crypto assets is a necessary period of crypto adoption.
In the long run I don’t see how the whole crypto market will just vanish without a trace.

 

[Sweet Bobby]

Once people realize it’s all a big Ponzi scheme. I expect the US government will ultimately have a digital currency and will use its power to force other currencies out of business. They have tanks and planes while we have Twitter.

 

[The_Krakenite]

Once people realize it’s all a big Ponzi scheme.

How would that change anything? US dollar is a Ponzi, everyone knows it. Yet... you probably still have the worthless paper tucked away somewhere.