# The bear market will get worse and be prolonged

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2022-11-18
- **Theme:** Other — https://www.gregosuri.com/predictions/other/
- **Source:** Founders Reflect on Why Akash was Created (Akash Network)
- **Watch at:** 00:04:24 — https://www.youtube.com/watch?v=pp_eAqIb8Jw&t=264s
- **Canonical:** https://www.gregosuri.com/predictions/other/2022-11-18-the-bear-market-will-get-worse-and-be-prolonged-yp6w/
- **Cite as:** Greg Osuri, "The bear market will get worse and be prolonged," Founders Reflect on Why Akash was Created (Akash Network), 18 Nov 2022, 00:04:24. https://www.youtube.com/watch?v=pp_eAqIb8Jw&t=264s

## Quote — verbatim

> It's very obvious bear market, but I think it's going to be a lot worse — I mean that's the general consensus — and it's a prolonged market. So with the Console I think we can be hunkered down and hyper-focus on users and nothing else, and when the light finally comes you're going to see a lot of these efforts come to fruition.

## Context — site annotation, not spoken

November 2022 (post-FTX era); his strategy of building through the downturn.
