The more various opinions I hear about Cryptocurrency, the more I realize that there is a new kind of phobic hysteria, which appears literally about everything related to Cryptocurrency, e.g. mining, trading, ICOs or lending.
In some cases people provide interesting groundings concerning Cryptocurrency risks and instability.
But in many cases their negative conclusions simply sound like: scam, deception and other "demonizing" statements.
I think this phenomenon spreads around fairly fast.
What's your opinion about it?
I think the latest rise in bitcoin value has actually made many to start considering investments in crypto.
I personally know people who used to tell others to avoid cryptos and now have invested big time in various coins. And its all due to the rise of bitcoin value in the past couple of months.
So now, this phobia is kinda getting town as people actually forced to consider cryptos because of the huge possibility of profits.