This Is The End Of The Crypto Industry
Most of the cryptocurrency industry is dead. Forever. I know that’s harsh to say, but it’s the truth and in this episode, I explain in detail why 99 percent of crypto is on the verge of extinction. Make sure to watch until the end because I’ll also tell you the few projects that will endure and reshape the future of finance.
0:00 The crypto industry is mostly dead
1:17 The natural business cycle doesn’t align with crypto
2:27 The zombie con phenomenon
3:39 No one believes anymore
4:57 Crypto VCs, investors are not aligned
5:38 Large institutions are eating crypto-native companies
8:12 Is Microstrategy going to sell Bitcoin?
10:27 The few crypto projects that will survive and thrive
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30 Comments
MSTR has zero earnings. I'm guessing that's why they are suddenly willing to sell some BTC. Sooner or later you need earnings. At least BMNR has ETH staking revenue to cover operating expenses.
This guy is blind
holy clickbait batman!
Crypto is the new currency. Banks and credit unions have already started to store it. There will be certain crypto/alt coins that will collapse.
It’s no different than any business or corporation that collapses.
I think everyone is going to shut their mouths when projects start blowing past their 4.2 fib levels. Most of the market last cycle couldn’t even comprehend what happened to crypto space in 2020/21. 99% of people are getting it wrong. You’re either too early, too late, not involved or all in. It’s either a good time, a bad time, or getting close. In my view – it’s a good time. I’m all in.
Pomp is right. There just isn't enough profit in tokenization for more than a very few to succeed. I just wish everyone would stop saying Crypto when they are actually talking about Bitcoin, and instead say Crypto-not-Bitcoin until the public groks the difference between Crypto and Bitcoin. There are 4 observers of Bitcoin: Observer One: Can't give up on The Credit Money Trap Observer Two: Confuses Bitcoin with Crypto Observer Three: Only sees Bitcoin as Digital Gold Observer Four: Groks Bitcoin's Protocol Stack.
I think there is a fifth. Something that is a merger of non fungible, privacy and governance. It will likely come from mergers of blockchains eg ADA, Midnight and ENG would be a good merger…
The major issue is retail liquidity. Everyone is bleeding money just to get by.
For anyone new to crypto: stop looking at the 1-minute charts. I lost so much money early on because I was reacting to every tiny wiggle. Once I started looking at the higher timeframes and understanding institutional flow, my stress levels dropped and my hits started landing. Trading is 90% patience and 10% execution.
We've known this that over 90% of coins will fail. The 10% that survives is what matters and what will make fortunes. 🔥
This guy is so smart. Do what ever he says. 🎉
rather amusing coming from mr ftx
A lot of crypto bros moved to Pokemon cards from what I've noticed cause they got burned from pouring in thousands of dollars into a digital asset that when it goes to 0, they have nothing but a number on the computer. I've met some of them at the local card store and they said at least if Pokemon ever goes to 0, they have packs to open.
Dear God, please help YouTube provide an easy way for channels to bulk-delete every shitcoin scammer who comments on a Bitcoin-related video.
Been saying this since the last crypto big crash back in 2023.. There is NOTHING new coming from 90% of these “alt coins” .. Crypto has been dead for years outside of Bitcoin and stable coins
Typical Bear Market Speech! Crypto is Dead… 🤦🏻♂️
Seriously, get Cardano and Midnight
wow truly amazing how things change when btc hits 200 day ma – the weak capitulate so much for conviction. bye bye pomp sell your bags and leave all good
Great message! Thank you for the candor. I agree with you 100%. Still trynna figure out how you got so smart so young… 🙂
hes right everything besides top 10 coins is pretty much dead.
🤡
I agree
Free markets seek to squeeze out inefficiencies. There is no way all these 'coins' are all going to be viable as compared to what we saw in 2021-2022. Which means that garbage like DOT, ADA, ATOM, etc… are never going to achieve their ATH most likely.
Im providing decentralized cloud compute on Acurast, running 8 phones in the basement and they have been busy for 2.5 weeks now since installed. Upgrading to 20 phones soon.
Canton Coin (CC) for the win! 🏆
Coti – ghost zombie
Love this channel, working hard for the crypto space but this video Started off too bearish to me lol. At least make it a sandwich technique, which I nearly forgot to do myself. Lol Some positive at the start. I'm an optimist as well. I'm aware there is risk to everything but with Bitcoin I'm beyond optimistic. Other crypto, not nearly as much. I do think many will pump hard because people are still working out what the hell is going on still. Many will still see other coins as the same as Bitcoin and only buy because price goes up. Greeds a bitch but it's driven humanity forward. Look at the rail networks, power networks and telephone. They wouldn't have developed so quickly without hype. 😅
Just don’t put the highest earning revenue blockchain on the front of your video Solana is being used by the big players Pomp. Replace that ticker with Eth.
Yup, last year he was saying alts were going to the moon. So now, buy gold and silver!
Digital currency is coming !