Post
Topic
Board Economics
Re: Has Crypto Changed?
by
Wendigo
on 13/08/2018, 05:56:28 UTC
crypto has changed a lot since december from last year as a lot of retards money has got in and the price manipulation it became more $ then technology

Has gotten in or has gotten out? I would say people are getting their money out as the price has been crashing for months and there is no new influx of fresh funds from investors to balance it out. I think the stupid scammy ICO's have stifled the growth of investments as a lot of people got burnt by them and in turn pulled the rest of their investments out. Additionally, the Bitcoin block size debate has fragmented the market even more and weakened Bitcoin which has contributed to the falling price. I do agree that nowadays each and every new coin is pushing for quick profits and no one cares about the underlying technology any more.