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Cryptocurrencies Are Getting Crushed
The cryptocurrency Cassandras -- whose dire predictions have gone unheeded like the prophecies of the Trojan princess -- are starting to look right. The sector has lost about a third of its market value since peaking in early June, pushing it into what traditional equity market analysts label as a bear market. Bitcoin, the largest of the digital currencies, is down about 20 percent from its peak of $3,000, reached June 12. Smaller rivals such as ethereum and ripple are getting hit even harder. “When when we look for signs of excess in the market, I look at bitcoin and to me that looks pretty scary,” Richard ... (full story)
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- Jul 11, 2017 4:00pm Jul 11, 2017 4:00pm
- Tony112
- Joined Apr 2008 | Status: sometimes... news come unexpected | 2557 Comments
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- gravitist
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- Jul 11, 2017 6:29pm Jul 11, 2017 6:29pm
- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- Jul 11, 2017 7:00pm Jul 11, 2017 7:00pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Jul 12, 2017 2:55am Jul 12, 2017 2:55am
- RondaRousey
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You came here for the truth and let me unveil it for you
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- Jul 12, 2017 4:07am Jul 12, 2017 4:07am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Jul 12, 2017 8:39am Jul 12, 2017 8:39am
- Pleiadian
- | Joined Oct 2009 | Status: Member | 595 Comments
Don't wait for the wind, take to the oars.