this post was submitted on 28 Jun 2023
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ethfinance

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Weekly General Discussion - June 26, 2023 <-> July 02, 2023 (kbin.social)
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
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[–] [email protected] 7 points 1 year ago (1 children)

I don't. With retail forgetting about crypto again I think we'll crab for as long as it takes to get to maximum despair

[–] [email protected] 8 points 1 year ago (1 children)

we're not at maximum despair? It's been depressing af lately.

[–] [email protected] 6 points 1 year ago (1 children)

well yes me too, but I'm not quite at the "laughing like a maniac at the lunacy" stage yet

[–] [email protected] 5 points 1 year ago

On the upside, most of the shady or unsustainable ops like FTX, Terra/Luna, 3AC, BlockFi/Celsius/Voyager, Genesis, etc. are behind us. There are fewer bad agents to purge, and fewer bad news to depress the market further - the glaring exception being perhaps the continued regulatory uncertainty and adversity in the US, and a Binance and/or Tether collapse.