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People that speak gloom and doom don't realize how many cryptocurrencies have already crashed and burned (from an investment standpoint). This market is absolut
by dreit1 9y ago
People that speak gloom and doom don't realize how many cryptocurrencies have already crashed and burned (from an investment standpoint). This market is absolutely ruthless, and any investor doubt is quickly seen in the market.
Examples (Percent down from peak)
BitShares - 80%
SiaCoin - 60%
Factom - 40%
Numeraire - 90%
Monaco - 65%
The list goes on. So for everyone who says this bubble is going to pop, I disagree. Bubbles pop every day in the crypto markets because there is absolutely no market more efficient than cryptocurrency. The strongest coins always win out in the end