Prices are sliding, Bitcoin is back to $7,500 where it was before all of the hype from Facebook.
To me the hype and excitement of crypto is gone. The process is simply way to freakin slow for adoption and I believe a lot of people are feeling this and just moving on to other investments.
With a recession looming on the horizon as well people might also be pulling their money out and profits to put it into a savings account or an area that is much less volatile then cryptos.
Steems price has tanked to record lows, the traffic to the site is lower than ever as it continues to slide in rankings.
To me this honestly looks to be the end of crypto or a very long decline in prices. I see nothing anymore that would excite me to buy back in and glad I sold over 90% of my holdings this year.
What are your feelings ?
