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Marina Schwarz

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

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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.

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

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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 ....

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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.

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

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

Dead Cat Bouncing?

 

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

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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

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