Crypto Winter

Intermediate ๐Ÿš€ Startup / VC

Definition

The periodic collapse of cryptocurrency valuations where billions in imaginary wealth evaporate and crypto bros go silent on social media for several months.

Example Usage

We're launching our blockchain startup right as crypto winter begins, which is terrible timing but our pitch deck still has a cartoon astronaut, so we're optimistic.

Origin

Specific application of the financial term 'winter' to crypto market cycles

Fun Fact

Crypto has experienced at least 5 'winters' since Bitcoin's launch, yet somehow new startups keep launching blockchain solutions nobody asked for

Source: Cryptocurrency and blockchain terminology

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