Cryptocurrencies ‘Could drop to near-zero at any time’

A warning straight from the horse's mouth. The horse in this case is Ethereum's founder. Stick to traditional assets, he says, if you want to save. Sound advice, I think.

Share this post


Link to post
Share on other sites

Yep. It's got new support and the top crypto analysts are saying that price action should be a bit more predictable now. Back to bullish ....

Share this post


Link to post
Share on other sites

Well, "Any time" doesn't necessarily mean "soon." We did see some sharp price moves recently and there's no guarantee they won't repeat, so I think he has a point.

Share this post


Link to post
Share on other sites

On 2/19/2018 at 9:42 AM, Blockchainbull said:

What?? Bitcoin just soared past $11,000 this weekend. 

Dead Cat Bouncing?

 

Share this post


Link to post
Share on other sites

Anything could drop to zero at any time. Did you miss the Dow plunge? It's all a dead cat bouncing.

Share this post


Link to post
Share on other sites

6 hours ago, Food4Thought said:

Dead Cat Bouncing?

 

No, you can see that the market is slowly regaining faith in crypto coins.. a dead cat bounce would come with much higher volatilty

Share this post


Link to post
Share on other sites
Sign in to follow this  
Followers 0