1. Reduces the interest in the space for short-term focused investors;
2. It also reduces the interest in the space for projects aiming to quickly raise money on hype and never deliver.
Agree?
I agree with this possitive effects, but its negative effects are equally bad. This inadvertently reduces the confidence of many investors in cryptocurrency, I do not want to say is almost.
Only those investors who dare to face with the risk are still in this market.