4 ms·
A bit like the stock markets right now.
by raducu 5y ago
A bit like the stock markets right now.
- TomSwirly 5y agoNot really. Stocks are overvalued, but are backed by real-world items with an actual value. A stock's value is bounded below by its breakup value. So if people lost interest in IBM, at some point the stock would be worth buying just for its property and IP. But there's nothing preventing any cryptocoin from going to zero, except sentiment.