Crypto Opinions & News Is the Cryptocurrency Bubble Bursting?

Disclaimer: Any information contained on this forum is provided as general market commentary, and does not constitute investment, financial, trading or other sort of advice.


Level 15
Top Poster
Mar 13, 2022
Yes, the bubble is bursting, thankfully. That might get rid of wannabe wombats with YouTube channels jacking-up the price of worthless ponzi schemes like Terra and Luna for a quick buck. A good flushout is just what the currency industry needs.

However, this doesn't devalue the utility of crytocurreny or blockchain. Apart from the benefit to existing banking and business transactions, lets not forget there are around 2 billion people who have zero access to financial services and equally difficult access to a verifiable internationally recognised ID system, both of which blockchain can address.

So, while the current bubble is bursting, it isn't necessarily a bad thing.

Sure, to me, it is still early days, but Bitcoin etc. will ultimately play a small, but pivotal, role in the history of blockchain/Web3 development.

About us

  • MalwareTips is a community-driven platform providing the latest information and resources on malware and cyber threats. Our team of experienced professionals and passionate volunteers work to keep the internet safe and secure. We provide accurate, up-to-date information and strive to build a strong and supportive community dedicated to cybersecurity.

User Menu

Follow us

Follow us on Facebook or Twitter to know first about the latest cybersecurity incidents and malware threats.