This last week has been real good for crypto prices, practically all coind and tokens have seen pumps in their prices. So, is Crypto back? Actually I think crypto has never gone since it first appeared, it has had its ups and downs, its followers and haters, but it has always proved to have the reslience to make a comeback from very hard places. I actually think that this particular decline we have seen in crypto has been the hardest and the one that has sowed the most doubts in the minds of crypto believers. The bankruptcy and disappearance of several exchanges, the flagrant corruption that has apparently pervaded the ecosystem, the continuous harassment by government and banking agencies,
All of these have made the future of crypto look bleak indeed, right now we have entered a region of relative calm, prices are up and when that happens people's fears are attenuated, this does not mean crypto is out of the woods yet, far from it. The whole World is facing financial meltdown, crypto could be a safe haven, but will it be used as such? Crypto has many enemies who are always trying to bring it down, so far crypto has, every time come out stronger, but this does not mean it will always be so. There might come the moment when all goes down the drain.
But being that negative does nobody any good, personally I expect crypto to weather the storm and come out stronger, maybe this time it will take longer but crypto will still make many believers happy. The one thing that saddens me is I never get to partake of crypto's successes, I always come up with some financial urgency that makes me get rid of what I have at a much lower price than what I could have gotten. Still crypto has gotten me out of a few holes so I am a really big fan.